See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

2048 Carroll Ave, Saint Paul, MN, 55104

4beds
4baths
4,290sqft
$434,000
$101price/sqft
$3,683/moest. monthly cost
$147,320/yrincome needed

About This Home

Looking for great cash flow as an owner-investor or to live in your own building for nearly free? This property is located in St. Paul's peaceful Merriam Park and is filled with Victorian-era charm. It features newer breaker panels, maintenance free vinyl siding, four high-efficiency forced air furnaces for heating (central air could be added), and a massive yard on an oversized city lot. There is copious amounts of storage with an unused walk up attic, full basement, and huge over-sized garage. This property generates over $49,000 annually and could have room to add income from utility sharing. Easy to manage and completely turn-key, with a unit ready for any owner-occupant buyer. Schedule your private showing today!

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
86
BikeVery Bikeable

Schools

3/10
7/10

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Architectural Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Fourplex

Interior

Appliances

  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Daylight,Full,Storage/Locker,Storage Space,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,860

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 4,290
  • Total interior livable area: 4,290 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 332923330084
  • Zoning description: Residential-Multi-Family
  • Foundation area: 1430

Features

  • Levels: Two
  • Patio & porch: Deck

Lot

  • Lot size: 8,276 sqft
  • Features: Near Public Transit,Tree Coverage - Light
  • Lot size dimensions: 100 x 82

Parking

  • Total spaces: 2
  • Parking features: Detached Garage,Gravel,Parking Lot
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Tornado
Winter Weather

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 $2,194$26,328
Home Insurance *$333$3,996
Property Taxes $795$9,540
Electricity $361$4,341
Total$3,683$44,196
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$126,274/yr
40% on housing$110,490/yr
45% on housing$98,213/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

$101This listing

vs Other Active Listings

Avg $/sqft

ZIP 55104$150
Ramsey County$166

vs Homes Sold Last Month

Median $/sqft

ZIP 55104$209
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)

No zestimate history available

Price History

DateEventPrice
2026-05-08Price change$444,000
2026-04-22Listed for sale$449,000
2023-07-25Listing removed--
2023-05-16Price change$425,000
2023-03-31Price change$439,900
2023-02-24Listed for sale$449,900
2022-11-23Listing removed--
2022-09-07Price change$449,900
2022-08-10Price change$454,900
2022-07-07Listed for sale$459,900
2002-08-06Sold$258,500

For Sale by Agent

AgentPaul A Olson
BrokerageKeller Williams Realty Integrity Lakes

Similar Homes