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893 Jenks Ave, Saint Paul, MN, 55106

4beds
4baths
6,489sqft
$374,000
$58price/sqft
$3,104/moest. monthly cost
$124,160/yrincome needed

About This Home

Turnkey Investment Opportunity – Fully Rented 4-Unit in St. Paul. Don’t miss this excellent income-producing property in the heart of St. Paul! This well-maintained fourplex features four 1-bedroom / 1-bathroom units, all currently rented and generating steady cash flow. Each unit includes private forced air heating system with individual thermostat, Dedicated 50 Amp electrical panel, Individual 40-gallon water heater. One unit was just updated. Utilities: Tenants pay gas and electric, Owner pays trash, water, sewer, lawn care, snow removal, and common area electricity. Additional Amenities: Off-street parking behind the building, Lockable basement storage units for each tenant, Coin-operated washer and dryer in the basement for added income. Close to shopping, bike trails, and public transit. This property offers low-maintenance ownership with separate mechanicals for each unit, making it ideal for both seasoned investors and those new to multifamily real estate. Fully rented and ready to produce income from day one. Schedule your showing today!

Getting Around

83
WalkingVery Walkable
0
TransitVery Limited Transit
66
BikeBikeable

Schools

2/10
2/10

Construction

Condition

  • Year built: 1889

Type & Style

  • Home type: MultiFamily
  • Property subType: Fourplex

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Finished area below ground: 0
  • Finished area above ground: 4,326

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 6,489
  • Total interior livable area: 6,489 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 282922230064
  • Foundation area: 2163

Features

  • Levels: Two

Lot

  • Lot size: 4,486 sqft
  • Lot size dimensions: Irregular

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Tornado

FEMA Declared Disasters in Ramsey County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,891$22,692
Home Insurance *$296$3,552
Property Taxes $370$4,440
Electricity $547$6,567
Total$3,104$37,248
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$106,422/yr
40% on housing$93,120/yr
45% on housing$82,773/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 2.1%
2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$58This listing

vs Other Active Listings

Avg $/sqft

ZIP 55106$116
Ramsey County$166

vs Homes Sold Last Month

Median $/sqft

ZIP 55106$169
Ramsey County$198

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-21Price change$374,000
2026-02-16Listing removed$975
2026-01-31Price change$389,000
2026-01-26Price change$975
2026-01-04Listed for rent$950
2025-11-03Listed for sale$399,000
2025-09-14Listing removed$384,900
2025-08-06Price change$384,900
2025-06-26Listed for sale$399,900
2023-10-07Listing removed--
2023-09-23Price change$900
2023-09-13Price change$925
2023-09-02Listed for rent$950
2021-10-09Listing removed--
2021-10-02Listed for rent$875
2021-09-21Sold$310,000
2016-04-02Sold$185,000
2016-01-31Listed for sale$169,900
2013-05-08Listing removed$134,900
2013-04-24Listed for sale$134,900

For Sale by Agent

AgentBrian Raney
BrokerageHomeAvenue Inc

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