Home › 402 Hope Street, Saint Paul, MN 55106 (MLS# 7069580)

402 Hope Street, Saint Paul, MN 55106 (MLS# 7069580)

$5,525,000
402 Hope Street
Saint Paul, MN 55106
MLS# 7069580

402 Hope Street, Saint Paul, MN 55106
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402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106 402 Hope Street, Saint Paul, MN 55106

Property Description
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.

Details
Maps
Contract Information
Status: Active
Current Price: 5525000
Contingency: None
ListPrice: 5525000
List Date: 2026-05-08
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 32
Owner Occupied: No
Waterfront Present: No
Year Built: 1887
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 20009
Garage Stalls: 13
For Sale or Lease: For Sale
Acres: 0.11
Lot Dimensions: IRREGULAR
Assessment Pending: No
Location Tax and Other Information
House Number: 402
Street Name: Hope
Street Suffix: Street
Postal City: Saint Paul
County: Ramsey
State: MN
Zip Code: 55106
Complex/Dev/Subdivision: Hillcrest
Assessments
Tax With Assessments: 23056
Building Information
Building Finished SqFt: 41826
Building SqFt: 41826
Income and Expenses
Annual Gross Expenses: 295120
Annual Gross Income: 505302
Annual Net Income: 210182
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 3606
Public Survey Info
Range#: 22
Section#: 32
Township#: 29
Sale Options
Sale Includes: Fixture/Equipment, Land, Rental License
Unit 1
No. of 1 Bedroom Units: 1
Unit 2
No. of 2 Bedroom Units: 10
Unit 3
No. of 3 Bedroom Units: 21
Unit Details
Total Units: 35
Property Features
Accessible: None
Appliances: Range; Refrigerator
Basement: Other
CMU Style: Duplex Side by Side; Duplex Up and Down
Construction Status: Previously Owned
Current Use: Residential
Exterior: Aluminum Siding; Brick/Stone; Fiber Board; Stucco; Vinyl; Wood
Fencing: Chain Link; Full; Partial; Privacy; Wood
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Loan Terms: Cash; Special Funding; Other
Lot Description: Corner Lot; Irregular Lot; Public Transit (w/in 6 blks)
On Site Utilities: Electric Separate; Heating Separate
Parking Characteristics: Parking Lot; Driveway - Shared; Uncovered/Open; Other
Potential Use: Income
Rental License Type: Standard
Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Storm Sewer; Street Lights
Road Responsibility: Public Maintained Road
Roof: Asphalt Shingles
Sewer: City Sewer/Connected
Stories: Two
Water: City Water/Connected

Listing Office: Coldwell Banker Realty

Last Updated: May - 12 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Sunday 24th of May 2026 07:43 PM

218-998-4400

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