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Hatch Brokered by Real

| Hatch Brokered by Real | Real Brokerage LLC | PLACE

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787 Watson Ave , Saint Paul, MN 55102
$389,000
Est. Payment: $864.44/mo
5 Bed
3 Bath
2073 Sqft
0.11 Acres
Status: active | Days on site: 14
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26011 - 502023702,502049083
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House Description

This 1889-built duplex in St. Paul’s sought-after West 7th neighborhood, offers immediate income from day one with multiple ways to increase its earning potential. The vacant 3-bedroom, 1-bath lower unit is freshly updated with new flooring, paint, lighting and ceiling fans, ready for an owner-occupant or new tenant. Upstairs, an existing tenant is leased at $1,900/month through June 2027, helping offset your mortgage from day one. Here’s where it gets interesting. The upper level includes a 1-bedroom/1-bath + loft AND a separate studio with its own entrance and ¾ bath. After the lease ends, explore converting the studio into a conforming third unit by adding a kitchenette, plumbing, separate utilities and obtaining required City approvals. Prefer to rent the entire property? The lower unit has an estimated market rent of approximately $2,100/month, creating potential for roughly $4,000/month in combined gross rent in its current duplex configuration. Each unit has its own washer/dryer, and major improvements including the roof, water heater, sump pump and appliances. An oversized 24x19 detached 2-car garage with tall ceilings, a small office and additional storage potential adds even more flexibility. Located in West 7th with convenient access to downtown St. Paul, Xcel Energy Center, United Hospital, MSP Airport, Mississippi River recreation, dining and entertainment. House hack it. Rent both units. Explore a third unit. Maximize the garage. One property. Multiple ways to create income. Schedule your showing and see the possibilities for yourself.

Highlights

Listed by Josh A Pomerleau , 763-463-7580 and Candice Amundson , 763-458-7581 JPW Realty , 763-225-1300. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Multi-Family

Lot/Acreage
0.11

Year Built

1889

County

Ramsey

Neighborhood

Clarkes Add

School District

St. Paul

Listing ID

7131546

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Above Ground Sq Ft:2073
Basement:Unfinished
Water:City Water/Connected

Exterior Features

Lot:Public Transit (w/in 6 blks),Corner Lot,Tree Coverage - Light
Lot Dimensions:36x120
Zoning:Residential-Multi-Family
Sewer:City Sewer/Connected
Parking Features:Detached Garage
Principal Interest
$864
Taxes
$611

Home Price

$389,000

Loan Details

30 yrs
0%

Down Payment

20%
$77,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$864.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $864.44 $611.33 $0.00 $1,475.78
Yearly $10,373.33 $7,336.00 $0.00 $17,709.33
Total $311,200.00 $220,080.00 $0.00 $531,280.00
Lender profile image
Will Provost
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Saint Paul, MN).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-10-22T14:02:13.000Z

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