Duplex with
New
For Sale
$285,000
416 4th Avenue S, South Saint Paul, MN 55075
Residential Income, South Saint Paul, MN
Property Size1,334 SF
Lot Size0.12 Acres
Price / SF$213.64
Days on Market1
Property Features for 416 4th Avenue S
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Residential-Multi-Family
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Basement, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 4
Parking features
Driveway, Other, Garage - Detached
Exterior features
Vinyl
Subdivision
Riverside Park Add
High school district
South St. Paul
Directions
494 to 5th Ave, North to 5th Street, East 1 Block to 4th Avenue North to 416
Standard status
Active
APN
366430010260
Size
1,334 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3325
Utilities
Heating system
Forced Air
Building Details
Year built
1900
Listing Agency:
TheMLSonline.com, Inc.
(763) 576-8286
Listed By:
Andrew Oga
(763) 576-8286
Added: Aug 26
Last Checked: Aug 26 at 11:06PM
MLS# 7133662
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 duplex at 416 4th Avenue S in South Saint Paul, Minnesota, includes 1,334 square feet of property space on a 0.115-acre lot. The room inventory includes four bedrooms, two bathrooms, and a basement. Exterior features include vinyl siding, while heating is provided by a forced-air system.
Parking is accommodated by a detached garage and driveway. Built in 1900, the property is near parks, shopping, dining, and schools, with access to major roadways. Its residential configuration and existing parking improvements provide a defined physical layout for a buyer evaluating a multifamily property.
Parking is accommodated by a detached garage and driveway. Built in 1900, the property is near parks, shopping, dining, and schools, with access to major roadways. Its residential configuration and existing parking improvements provide a defined physical layout for a buyer evaluating a multifamily property.
Key Highlights
- Duplex with 1,334 square feet of property space
- 0.115‑acre lot in South Saint Paul, MN
- Four bedrooms, two bathrooms, and a basement
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,491
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.84%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$389,820
$389.8K
Cap Rate 7%
$278,443
$278.4K
Cap Rate 9%
$216,567
$216.6K
Market Conditions
NOI Build-Up for 1,334 SF
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.
Gross rent
$29.6K $22.20/SF
− Vacancy
−$1.8K −$1.33/SF
EGI
$27.8K $20.87/SF
− OpEx
−$8.4K −$6.26/SF
NOI
$19.5K $14.61/SF
Area
Dakota County, MN
Vacancy
5.98%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$389,820
Cap Rate 7%
$278,443
Cap Rate 9%
$216,567
Alternative Uses
Best Use
Multifamily LT 5
$278.4K
$243.6K – $324.9K
NOI $19,491 @ 7.0% cap · market cap 6.84%
Second Best
Apartment 5plus
$255.7K
$223.8K – $298.4K
NOI $17,902 @ 7.0% cap · market cap 6.28%
Theoretical Best
Healthcare Medical
$328.3K
$287.2K – $383.0K
NOI $22,979 @ 7.0% cap · market cap 8.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
589
Businesses Nearby
Explore this area
Business Placement
Demographics for 55075, MN
20,749
Population
8,460
Households
2.5
Avg Household Size
37
Median Age
31%
College-Educated
93%
High-School Grad
5.6 sq mi
ZIP Area
3,705
Density / Sq Mi
$84,573
Median Household Income
$48,724
Median Earnings
$1,128
Median Rent
$267,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Four-bedroom layout with two bathrooms, detached garage, and driveway parking.
Where is this duplex located?
The property is located at 416 4th Avenue S South Saint Paul, MN.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Duplex with 1,334 square feet of property space; 0.115‑acre lot in South Saint Paul, MN; Four bedrooms, two bathrooms, and a basement
