116 Lexington Parkway N - Photo 1
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116 Lexington Parkway N
116 Lexington Parkway N
116 Lexington Parkway N
116 Lexington Parkway N
116 Lexington Parkway N

116 Lexington Parkway N, Saint Paul, MN 55104 - MLS# 7123313

MLS® #: 7123313|Days on Market: 76|Listed: Aug 14, 2026

$480,000

$495,000↓ 3.0%
Bedrooms
4
Bathrooms
3
Square Feet
2,743
Acres
0.168
Year Built
1900
Property Type
Residential Income
Heating
Natural Gas, Hot Water
Garages
2
Days on Market
76
School District
625 - St. Paul

Fantastic opportunity to own a 2-story triplex in a prime Saint Paul location! The spacious main-floor unit features 2 bedrooms, 1 full bath, a cozy fireplace, and a formal dining room, offering plenty of charm and comfortable living space. The upper level includes two separate units, each featuring 1 bedroom and 1 full bath. A detached 2-car garage provides valuable off-street parking and added convenience. Ideally located just a few blocks from Mitchell Hamline School of Law, Concordia University, and Grand Avenue, with easy access to restaurants, shopping, entertainment, parks, and public transportation. An excellent opportunity for an owner-occupant or investor looking for a well-positioned multi-family property in the heart of Saint Paul. Live in one unit and rent the others, or add this versatile triplex to your investment portfolio!

116 Lexington Parkway N, Saint Paul, MN 55104

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Interior Information

BasementUnfinished
HeatingHot Water
FuelNatural Gas
LaundryIn Basement, Electric Dryer Hookup, Washer Hookup

Size & Levels

LevelsTwo
Total Finished Sq Ft2,743 sq ft
Above Grade Finished2,743 sq ft
Main Level Finished2,743 sq ft

Exterior & Parking

ExteriorStucco
RoofAsphalt
FoundationBlock
Garage Stalls2
ParkingDetached Garage, Garage Door Opener

Lot & Utilities

Property SubtypeTriplex
Lot Size0.168 acres
Lot Dimensions0x0x0x0
ZoningResidential-Multi-Family
SubdivisionSummit Park Add To, St Pa
TownshipSaint Paul
CountyRamsey
SewerCity Sewer/Connected
WaterCity Water/Connected

Financial & Tax Information

Annual Taxes$5,741
Tax Year2026
Tax w/ Assessments$5,741
Assessment PendingNo
Parcel Number022823230134
Financing OptionsConventional, VA, FHA, Cash
List TypeExclusive Right To Sell

Location

Call 612-356-2121For Showings and Questions

Neighborhood at a Glance

In this neighborhood, homes were most commonly built in 1939 or earlier, about 49% of occupied homes are owner-occupied, and the average commute is 19 minutes.

Cost of Ownership

Median home value

$485,500

Higher than the St. Paul median

The midpoint of estimated values for owner-occupied homes.

Median property taxes paid

$6,068/yr

Higher than the St. Paul median

The midpoint of annual property taxes paid by homeowners.

Typical monthly owner costs (with mortgage)

$2,654/mo

Higher than the St. Paul median

Median monthly housing costs for owners with a mortgage.

Typical monthly owner costs (no mortgage)

$1,070/mo

Higher than the St. Paul median

Median monthly housing costs for owners without a mortgage.

Median rent

$1,430/mo

Higher than the St. Paul median

The midpoint of monthly gross rent, including utilities.

Homes in the Area

Owner-occupied homes

49%

Lower than St. Paul overall

The share of occupied homes lived in by their owners.

Median year built

1938

Similar to the St. Paul median

The midpoint of years when homes in the area were built.

Home age by decade

The share of homes built during each period.

  • 2000-20096%
  • 1980-19894%
  • 1939 or earlier75%

Types of homes

The share of housing units in each building type.

  • Single-family detached35%
  • Townhome / attached8%
  • 2-4 units22%
  • 5+ units35%

Getting Around

Average commute

19 min

Lower than the St. Paul median

The average one-way travel time to work for commuters.

How people get to work

The share of workers using each listed way to get to work.

  • Drive alone54%
  • Carpool10%
  • Walk or bike5%
  • Work from home26%

Homes with broadband

97%

Higher than St. Paul overall

The share of households with a broadband internet subscription.

Estimates for the surrounding census tract, not this specific home.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Schools

Saint Paul Public Schools

This home is in the Maxfield Elementary School, Hidden River Middle School and Central Senior High attendance areas of Saint Paul Public Schools.

Elementary

Maxfield Elementary School

Grades PK-5 · 0.8 mi away

Enrollment
331
Students per teacher
12.7

380 Victoria St N, Saint Paul, MN 55104

(651) 293-8680

Middle

Hidden River Middle School

Grades 6-8 · 1.3 mi away

Enrollment
640
Students per teacher
22.1

631 Albert Street N, Saint Paul, MN 55104

(651) 293-8860

High

Central Senior High

Grades 9-12 · 0.3 mi away

Enrollment
1,682
Students per teacher
26.3

275 Lexington Pkwy N, Saint Paul, MN 55104

(651) 744-4900

School assignments can change. Verify enrollment with Saint Paul Public Schools.

Sources: Minnesota Department of Education attendance areas (2025-26); NCES Common Core of Data 2024 via the Urban Institute Education Data Portal.

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Listed by: JL Elite Realty
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Pederson Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.