MLS# 6735777 - 602 Mendota Street Saint Paul, MN 55106

COM • 6735777

602 Mendota Street
Saint Paul, MN 55106

Active

$700,000

Drive East 7th to Hope street. Go South/East on Hope street. Turn Left (East) on 5th street. Drive to Mendota, building is on the corner.

602 Mendota Street is a nine-unit multifamily property located in the rapidly revitalizing Dayton’s Bluff neighborhood on Saint Paul’s East Side. The building features a desirable unit mix of two 2-bedroom, 1-bath units, five studio apartments, and two 1-bedroom, 1-bath units—ideal for a variety of tenant types. Situated just blocks from the newly completed Gold Line Bus Rapid Transit (BRT), the property offers residents enhanced access to major employment and education hubs across the metro. With strong rental demand, below-market rents, and continued investment in the surrounding area, this asset presents a prime value-add opportunity for multifamily investors. Seller is open to carry-back options.

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Mortgage & Tax Calculator [Estimated]

Purchase Price ($):

Down Payment ($):

Down Payment (%):

Est. Best Interest Rate (%):

Term of Loan (Years):

Monthly Payment:

$3,386 + $1,334^(tax)
Est. Monthly Total: $4,720

*does not include insurance and all numbers are estimated.

Summary

Type: COM | Commercial Sale - Apartment

Price: $700,000

$114/sf

$4,117,647/acre

Transaction: For Sale

Status: Active

Contingencies: None

Agent Owned: No

Lender Owned: No

Current Use: Residential

Zoning: Residential-Multi-Family

Square Footage: 6,148 sq ft

Lot Size: 0.17 acres

Year Built: 1889

Foundation: 3,074 sq ft

Stories: Three Or More

Listed at: Mon Jun 09 2025 5:00:00 AM

Listing Age: 13 days

School District: 625-St. Paul | 651-767-8100

Neighborhoods: Dayton's Bluff

County: Ramsey

Building Details

In Home Details

Construction Material: Fiber Cement

Exterior

Siding: Fiber Cement

Utilites

Water: City Water/Connected

Sewer: City Sewer/Connected

Heating: Boiler, Natural Gas

Property Details

Garage: Parking Lot, Paved

Lot Dimensions: 60 x 125

Agent Owned: No

Utilities: Electric Separate

Others

School Information

District Number: 625-St. Paul

District Phone: 651-767-8100

Financial Considerations

Tax Property ID: 332922220194

Tax Amount: $16,002 for 2024

Listing Data

Listed Price: $700,000

Days on market: 1 days

First Listed at: Mon Jun 09 2025 5:00:00 AM

Last Updated at: Tue Jun 10 2025 2:49:03 PM

Contingencies: None

Assessments: Unknown

Foreclosure: No

Lender Owned: No

Public Survey

Range: 22

Section: 33

Township: 29

Unit Information

Summary

Rental Units: 9

Rental License: Standard

Financials

Total Yearly Income: $134,880

Total Yearly Expenses: $57,576

Expenses

Operating: $57,576

Keller Williams Premier Realty is the brokerage office representing the owner for this listing.
© Copyright 2025, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Edge of the Wilderness Lakes & Homes Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edge of the Wilderness Lakes & Homes Realty, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at Jun 21 2025 9:56PM.