88 Leech Street Saint Paul, MN 55102
MULTI_FAMILY - Saint Paul, MN
- Added:
- Jul 6, 2026
- Days on Market:
- 7
- Last Refresh:
- Jul 12 at 10:06 am
Property Features for 88 Leech Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 1, Bedroom 2, Basement, Bathroom 1, Bedroom 3
- Parking features
- Other
- Exterior features
- Vinyl
- Standard status
- Active
- APN
- 012823410105
- Size
- 2,016 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5824
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1880
- Building materials
- Stone
- Roof type
- Shingle
Listing agent Christine Bandettini (651) 379-1500
Listing office Keller Williams Premier Realty 3555 Willow Lake Blvd Ste 100 North Suburban, Vadnais Heights, MN (651) 379-1500
Listing date Jul 6, 2026
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.
The property includes a private backyard with a restored covered deck and additional large deck, along with perennial gardens. A historic 36' x 13' powered shed (built 1850) provides supplemental space for storage or a home business. Two dedicated off-street parking spaces are accessed via an alley, plus street parking.
According to the City of Saint Paul zoning, an approximately 745 sq ft garage can be built upon removal of the shed; buyers should verify with the governing municipalities.
Key Highlights
- Built in 1880, historic pre–turn‑of‑the‑century duplex with extensive premium updates and dual unit living.
- Exterior updates include new roof (2023) plus siding, fascia, soffit, and select windows (2024).
- Interior refreshed with fresh paint and refinished original hardwood floors, new baseboard trim, and classic crown molding in Unit 1.
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 | $44.8k | $22.20 |
| − Vacancy | −$2.7k | −$1.33 |
| EGI | $42.1k | $20.87 |
| − OpEx | −$12.6k | −$6.26 |
| NOI | $29.5k | $14.61 |
