Turn-Key Duplex
914 Charlotte Street Saint Paul, MN 55104
914 Charlotte Street, Saint Paul, MN, 55104
$349,500
For Sale
$349,500
MULTI_FAMILY - Saint Paul, MN
Property Size1,841 SF
Lot Size0.19 Acres
Price / SF$189.84
Days on Market136
Property Features for 914 Charlotte 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
- Driveway, Garage, Garage - Detached, Parking Lot
- Exterior features
- Stucco
- Fencing
- Chain Link
- Standard status
- Active
- APN
- 282923410027
- Size
- 1,841 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6364
Utilities
- Heating system
- Gravity
Building Details
- Year built
- 1915
- Building materials
- Frame
- Roof type
- Flat, Shingle, Asphalt
Listing agency
RE/MAX Synergy
(651) 464-7070
Listed by
Bonnie Olmschenk · License #51107-090
(651) 464-7070
Added: Mar 9 Updated: Jul 11 at 6:35AM Checked: Jul 22 at 11:06PM
MLS# 7033512
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 turn-key duplex offers two finished living levels with separate bedroom and bath layouts. The main level includes 2 bedrooms and 1 bathroom, with a large living area plus a family room. The upper level features 1+ bedroom and 1 bathroom. Updates noted include new roof in 2022 with complete tear-off and new decking, new vinyl siding in 2022, new flooring work in 2022, new paint and light fixtures in 2022, and ceiling updates in the living room. The upper level also received new in 2022, including paneling in the bedroom, a new window in the bedroom, flooring in the living room, new kitchen cabinets, and five new windows. A huge two-story garage is a standout feature, and the garage is separately metered. The property is currently fully rented.
Located at 914 Charlotte Street in Saint Paul’s Newell Park neighborhood, the property is described as approximately three blocks from Hamline University.
For tenants and operators looking for an income duplex with defined unit layouts and a substantial garage configuration, the recent improvements to the roof, siding, interior finishes, and select parking-area surfaces may reduce near-term maintenance concerns. With both the duplex spaces and separately metered garage in place, the property can support a practical residential income setup in the St. Paul market.
Located at 914 Charlotte Street in Saint Paul’s Newell Park neighborhood, the property is described as approximately three blocks from Hamline University.
For tenants and operators looking for an income duplex with defined unit layouts and a substantial garage configuration, the recent improvements to the roof, siding, interior finishes, and select parking-area surfaces may reduce near-term maintenance concerns. With both the duplex spaces and separately metered garage in place, the property can support a practical residential income setup in the St. Paul market.
Key Highlights
- Duplex built in 1915 in the Newell Park neighborhood, currently fully rented.
- 3 blocks from Hamline University.
- 2022 updates include a complete tearoff roof with new decking, new vinyl siding, new paint and light fixtures.
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 | $40.9k | $22.20 |
| − Vacancy | −$2.4k | −$1.33 |
| EGI | $38.4k | $20.87 |
| − OpEx | −$11.5k | −$6.26 |
| NOI | $26.9k | $14.61 |
1,841 SF · lease $22.20/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$384.3K
$336.2K – $448.3K
NOI $26,898 @ 7.0% cap · market cap 7.70%
Second Best
Apartment 5plus
$352.9K
$308.8K – $411.8K
NOI $24,706 @ 7.0% cap · market cap 7.07%
Theoretical Best
Healthcare Medical
$453.0K
$396.4K – $528.6K
NOI $31,713 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-kept duplex with recent exterior updates and a two-story garage on a separate meter.
Where is this duplex located?
The property is located at 914 Charlotte Street Saint Paul, MN.
What is the asking price?
The asking price for this property is $349,500.
What are key features of this property?
This property features: Duplex built in 1915 in the Newell Park neighborhood, currently fully rented.; 3 blocks from Hamline University.; 2022 updates include a complete tearoff roof with new decking, new vinyl siding, new paint and light fixtures.
