1048 Lafond Avenue Saint Paul, MN 55104

This 1940s triplex offers a great investment opportunity or the perfect owner-occupied home with rental income. Situated on a double lot, this property has 5 beds, 3 baths, 2 car detached garage and 1 car attached garage. Several major updates have been completed over the past 2 years. New roof (202...3), new plumbing in all units (2024), new deck (2024), fully renovated lower unit (2024) and a newer boiler. The lower level is a 1-bed/1-bath unit and is currently vacant. The 1st floor is a 2-bed/1-bath unit occupied by a long-term Section 8 tenant, paying $1,500 per month with a lease through October 2025. The upper unit is a 2-bed/1-bath and rents for $1,100 per month with a lease through March 2025. Don't miss this rare opportunity to own a triplex with stable cash flow and recent updates—ideal for both investors and owner-occupants looking to offset their mortgage with rental income. Continue reading