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St. Paul › Summit Hill

Summit Hill

Includes Grand Avenue. St. Paul planning district. Every 2–4 unit listing here, run through the same numbers at 20% down and 7%.

Compare with other planning districts →

Neighborhood profile

Listings we track
2
Median price per unit
$288K
Typical cash flow
−$1,734
median per month, 20% down
Crime, last 12 months
35 per 1,000
235 incidents · −14% vs. prior year
Renter households
39%
Median gross rent
$1,331
all unit sizes
Median household income
$128K
Rent rules
3% cap
Rent stabilization; buildings first occupied after 2004 exempt

St. Paul police incidents, excluding proactive visits and community events. Per-resident rates use 2020 Census population. Census figures: ACS 2020–2024 5-year, combining 2 tract(s) centered in this planning district; medians are household-weighted averages of tract medians.

Map

Top picks

Ranked on real rent estimates (nearby comparable rentals or our own research). Listings with a serious red flag are under Proceed with caution instead, however good the numbers look.

Duplex
−$853/mo cash flow
Overpriced · cap 4.5% · 20% down
$550,000
2 units6 bd2 ba3,000 sqft
157 Lexington Pkwy S, Saint Paul
Summit Hill
Rents: RentCast comps
Triplex
−$2,615/mo cash flow
Far off · cap 2.9% · 20% down
$900,000
3 units6 bd4 ba3,871 sqft
846 Lincoln Ave, Saint Paul
Summit Hill
Rents: 14 rentals within 0.75 mi

Ways to slice it

Best cash flow now

Monthly cash flow at 20% down.

  1. 157 Lexington Pkwy S −$853/mo
  2. 846 Lincoln Ave −$2,615/mo

Best long-term

Year-30 wealth vs. the same money in stocks.

  1. 157 Lexington Pkwy S 1.06× stocks
  2. 846 Lincoln Ave 0.54× stocks

Value-add

Under-rented, needs work, or room to negotiate.

  1. 157 Lexington Pkwy S Long time on market: room to negotiate.
  2. 846 Lincoln Ave Long time on market: room to negotiate.

Proceed with caution

Decent numbers, serious flags.

Nothing here right now.

All listings

2 listings. Filter by price or units, or switch the down payment.

  1. 157 Lexington Pkwy S

    $550,000 · 2 units
    Overpriced
    Cash flow −$853/mo Cap 4.5% Break-even price $390K Yr 30 vs stocks 1.06× Positive in yr 14

    A well-kept Cathedral Hill duplex with solid leases, but at $550K it loses money every month, so price needs to come down hard.

  2. 846 Lincoln Ave

    $900,000 · 3 units
    Far off
    Cash flow −$2,615/mo Cap 2.9% Break-even price $409K Yr 30 vs stocks 0.54× Positive in 30+ yrs

    A pretty, well-located triplex priced far above what the rents support, so it only works as a house hack at a much lower price.

Monthly cash flow

−$3,000−$2,500−$2,000−$1,500−$1,000−$500$0break-even157 Lexington Pkwy S−$853846 Lincoln Ave−$2,615

What's changing

Nothing curated for this planning district yet.