402 Hope Street, Saint Paul, MN, 55106

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$5,525,000
New Listing

402 Hope Street
Saint Paul, MN 55106

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
41,826
SqFt
$132
/SqFt
1887
Built
Subdivision:
Hillcrest
County:
Ramsey
Listing courtesy of Coldwell Banker Realty
Call Now: 1-888-960-REAL
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402 Hope Street402 Hope Street402 Hope Street402 Hope Street
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Monthly Payment (Est.)

$25,207
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

991 Wakefield Ave, 991 Hudson Rd, 242 Maria Ave, 49 Manitoba Ave W, 89 Atwater St W, 1003 N. Woodbridge St, 765 Edgerton St, 599 Reaney Ave, 500 Hopkins Ave, 402 Hope St, 947 Minnehaha Ave, 696 Hawthorne Ave, 686 Bradley St, 697 Cook Ave, 856 Burr Ave, 982 Burr Ave, & 732 Jessamine Ave. As a full portfolio, the offering consists of 17 properties and 35 residential units located throughout Saint Paul. All properties participate in the NSP program with affordability covenants in place through August 2028, providing stable, AMI-based income at 50% AMI with a clear path to increased rents at 60% AMI upon program maturity. The portfolio is comprised primarily of duplex-style assets with larger unit configurations, strong occupancy history, and consistent cash flow. Operational advantages include reduced property taxes through 4D classification and exemption from Saint Paul rent stabilization enforcement. Ideal for investors seeking predictable income, operational stability, and long-term upside through structured rent growth & scalable acquisition opportunities.

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Listing Snapshot
Price 
$5,525,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
41,826 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.111 Acres
Year Built 
1887
MLS® Number 
7069580
Status 
Active
Property Tax 
$23,056
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
13 hours agoListing updated with changes from the MLS®
19 hours agoListing first seen on site
General Features
Acres 
0.111
Additional Property Use 
Residential
Attached Garage 
Yes
Foundation 
Block
Garage 
Yes
Garage Spaces 
13
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking 
On StreetAsphaltShared DrivewayOtherParking LotOpenAttachedDriveway
Sewer 
Public Sewer
SqFt Total 
41826
Water Source 
Public
Zoning 
Residential-Multi-Family
Interior Features
Appliances 
RangeRefrigerator
Basement 
Other
Heating 
Natural GasForced Air
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Exterior Features
Construction Details 
Aluminum SidingStoneStuccoFiber CementVinyl Siding
Fencing 
FencedChain LinkFullPartialPrivacyWood
Lot Features 
Corner LotIrregular LotNear Public Transit
Patio And Porch 
CoveredFront PorchPatioPorch
Road Frontage 
City Street
Roof 
Asphalt
Community Features
Roads 
Paved
School District 
625 - St. Paul
Township 
Saint Paul
Schools
School District
625 - St. Paul
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Coldwell Banker Realty



Listing information is provided by Participants of the Northstar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northstar MLS.
Last checked: 2026-05-09 01:39 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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