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Side-by-Side Duplex
For Sale
$379,900

507 10th Avenue S, South Saint Paul, MN 55075

Residential Income, South Saint Paul, MN

Property Size2,184 SF
Lot Size0.18 Acres
Price / SF$173.95
Days on Market60

Property Features for 507 10th Avenue S

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 1, Basement
Parking features Driveway, Garage - Detached, Open
Exterior features Stucco
Subdivision Glenview Park
High school district South St. Paul
Directions Southview Blvd to 10th Ave- South to Property
Standard status Active
APN 363025001022
Size 2,184 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 6580

Utilities

Heating system Forced Air

Amenities

hardwood floors
central AC
private laundry

Building Details

Year built 1966
Roof type Shingle
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Michael D Blaeser · License #20183908
Added: Aug 7 Changed: Sep 24 Last Checked: Oct 5 at 8:06PM
MLS# 7123852

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 2,184-square-foot side-by-side duplex, built in 1966, offers two bedrooms per unit along with hardwood flooring, central AC, and private laundry for each residence. Separate utilities serve the units. Each side also includes a lower level ranging from unfinished to partially finished, providing additional interior area for future completion. The property has forced-air heating, stucco exterior construction, and a shingle roof described as approximately 8 years old.

A detached two-car garage provides two separate stalls, complemented by additional off-street parking on the 0.1833-acre lot. The duplex is positioned on a cul-de-sac near shopping, bus service, and freeway access. Its configuration supports either an owner-occupied arrangement or continued use as a two-unit residential income property.

Key Highlights

  • 2,184‑square‑foot side‑by‑side duplex with two bedrooms per unit
  • Each unit has private laundry and separate utilities
  • Central AC, hardwood floors, and forced‑air heating

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,910
Cap Rate
8.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$638,200 $638.2K
Cap Rate 7%
$455,857 $455.9K
Cap Rate 9%
$354,556 $354.6K
Market Conditions
NOI Build-Up for 2,184 SF
Gross rent
$48.5K $22.20/SF
− Vacancy
−$2.9K −$1.33/SF
EGI
$45.6K $20.87/SF
− OpEx
−$13.7K −$6.26/SF
NOI
$31.9K $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 Rate 5%
$638,200
Cap Rate 7%
$455,857
Cap Rate 9%
$354,556

Alternative Uses

Best Use
Multifamily LT 5
$455.9K
$398.9K – $531.8K (±1% cap)
NOI $31,910 @ 7.0% cap · market cap 8.40%
Second Best
Apartment 5plus
$418.7K
$366.4K – $488.5K (±1% cap)
NOI $29,309 @ 7.0% cap · market cap 7.71%
Theoretical Best
Healthcare Medical
$537.5K
$470.3K – $627.0K (±1% cap)
NOI $37,622 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Hair Salon Skin Care Clinic Gym & Fitness Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

449
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-bedroom units include private laundry, central AC, and separate utilities.
Where is this duplex located?
The property is located at 507 10th Avenue S South Saint Paul, MN.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: 2,184‑square‑foot side‑by‑side duplex with two bedrooms per unit; Each unit has private laundry and separate utilities; Central AC, hardwood floors, and forced‑air heating
More about this property
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