South Saint Paul Duplex with Fenced
356 1st Avenue S South Saint Paul, MN 55075
For Sale
$299,900
MULTI_FAMILY - South Saint Paul, MN
Property Size2,014 SF
Lot Size0.11 Acres
Price / SF$148.91
Days on Market18
Property Features for 356 1st Avenue S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Basement, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 2, Bathroom 1
- Exterior features
- Metal
- Standard status
- Active
- APN
- 366430016170
- Size
- 2,014 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 5186
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1900
Listing Agency:
RE/MAX Results
(651) 251-4800
Listed By:
Brian Olson · License #RA-20414068
(952) 829-2900
Added: Jul 8
Changed: Jul 22
Last Checked: Jul 25 at 5:06AM
MLS# 7105947
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 up-and-down duplex features separate front and rear entrances with upper and lower porches. Each unit includes a spacious living room, two bedrooms, and a full bathroom. The main-level unit offers an open-concept kitchen with a dining area and a breakfast bar. Recent improvements include new flooring, carpeting, stylish lighting, fresh paint, and updated appliances.
A finished third floor is accessible from the upper unit and includes two additional rooms that can support flexible space needs such as a home office, playroom, or additional storage. A brand-new central furnace has also been installed.
The property is situated on a low-traffic street in a residential neighborhood setting, and it includes a fenced yard.
A finished third floor is accessible from the upper unit and includes two additional rooms that can support flexible space needs such as a home office, playroom, or additional storage. A brand-new central furnace has also been installed.
The property is situated on a low-traffic street in a residential neighborhood setting, and it includes a fenced yard.
Key Highlights
- South Saint Paul up/down duplex with separate front and rear entrances and upper and lower porches
- Both units include a spacious living room, 2 bedrooms, and a full bathroom
- Upper unit offers access to a finished third floor with two additional rooms
Financial Insights For Apartment 5plus
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 | $52.4k | $26.04 |
| − Vacancy | −$3.3k | −$1.64 |
| EGI | $49.1k | $24.40 |
| − OpEx | −$22.1k | −$10.98 |
| NOI | $27.0k | $13.42 |
2,014 SF · lease $26.04/SF/yr · vacancy 6.30% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$420.4K
$367.8K – $490.4K
NOI $29,426 @ 7.0% cap · market cap 9.81%
Second Best
Apartment 5plus
$386.1K
$337.8K – $450.5K
NOI $27,027 @ 7.0% cap · market cap 9.01%
Theoretical Best
Healthcare Medical
$495.6K
$433.7K – $578.2K
NOI $34,693 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Up-and-down duplex offers separate front and rear entrances, two beds per unit, and a fenced yard.
Where is this duplex located?
The property is located at 356 1st Avenue S South Saint Paul, MN.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: South Saint Paul up/down duplex with separate front and rear entrances and upper and lower porches; Both units include a spacious living room, 2 bedrooms, and a full bathroom; Upper unit offers access to a finished third floor with two additional rooms
