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Renovated Duplex Income Property

235 Dakota Street West Saint Paul, MN 55118

235 Dakota Street, West Saint Paul, MN, 55118
$529,000
Pending
For Sale
$529,000
Pending

MULTI_FAMILY - West Saint Paul, MN

Property Size2,286 SF
Lot Size0.34 Acres
Days on Market71

Property Features for 235 Dakota Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 5, Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 2, Basement, Bedroom 6
Parking features
Garage - Attached
Exterior features
Vinyl
Standard status
Pending
APN
423800042070
Size
2,286 SF
Lot size
0.34 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
5306

Utilities

Heating system
Forced Air

Building Details

Year built
1949
Building materials
Block
Listing Agency Keller Williams Premier Realty
1725 Tower Road #140, Woodbury, MN
Listed by Brigg Backer
Added: May 7 Checked: Jul 16 at 7:06 pm
MLS# 7069694 Listing URL

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This move-in ready duplex has been meticulously maintained and recently renovated with updates throughout. Improvements include new kitchens with modern countertops, cabinets, stainless appliances, and matching backsplashes, along with new flooring, lighting, and interior paint. The property also includes updated landscaping and a newer roof. Each unit features in-unit laundry, supporting day-to-day convenience for residents.

Located in West Saint Paul, MN, at 235 Dakota Street, the home offers easy access to the freeway and nearby dining options, with convenient reach to surrounding cities.

The layout and recent upgrades make the property a practical fit for an owner-occupant seeking residential income or for an investor looking for a turn-key residential duplex. With both units updated and equipped with in-unit laundry, it may appeal to tenants who value straightforward, self-contained living arrangements without shared laundry facilities. Set on a 0.335-acre lot, the duplex provides a manageable size for residential property ownership while maintaining a full two-unit configuration.

Key Highlights

  • West St. Paul duplex built in 1949 with block construction and vinyl exterior
  • Recent updates include new kitchens with modern countertops, cabinets, stainless appliances, and new backsplash
  • New flooring, lighting, interior paint, landscaping, and roof updates

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $50.7k $22.20
− Vacancy −$3.0k −$1.33
EGI $47.7k $20.87
− OpEx −$14.3k −$6.26
NOI $33.4k $14.61
2,286 SF · lease $22.20/SF/yr · vacancy 5.98% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$477.1K
$417.5K – $556.7K (±1% cap)
NOI $33,400 @ 7.0% cap · market cap 6.31%
Second Best
Apartment 5plus
$438.2K
$383.5K – $511.3K (±1% cap)
NOI $30,677 @ 7.0% cap · market cap 5.80%
Theoretical Best
Healthcare Medical
$562.6K
$492.2K – $656.3K (±1% cap)
NOI $39,379 @ 7.0% cap · market cap 7.44%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Real Estate Agency Parking Lot & Garage Kitchen & Bath Showroom Garden Center Gym & Fitness Center (Bike/Boat/Book/etc) Store Plumbing Service Building Supply Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Move-in ready duplex with in-unit laundry and recently updated kitchens and finishes in West St. Paul.
Where is this duplex located?
The property is located at 235 Dakota Street West Saint Paul, MN.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: West St. Paul duplex built in 1949 with block construction and vinyl exterior; Recent updates include new kitchens with modern countertops, cabinets, stainless appliances, and new backsplash; New flooring, lighting, interior paint, landscaping, and roof updates
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More about this property
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