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    Duplex with Two 2BR Units Title is generated by Realmo AI

    998 Jameson Street, Saint Paul, MN 55103

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    Claim this Listing
    For Sale
    $335,000

    MULTI_FAMILY - Saint Paul, MN

    Property size:
    1,489 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $224/SF
    Added:
    Apr 26, 2026
    Days on Market:
    67
    Last Refresh:
    Jul 1 at 5:06 am

    Property Features for 998 Jameson Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 4, Bedroom 3, Bedroom 2, Basement, Bathroom 2, Bathroom 1, Bedroom 1
    Exterior features
    Stucco
    Standard status
    Active
    APN
    262923130167
    Size
    1,489 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6460

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1910

    We can help!

    Contact an agent
    Kellie Cardinal

    Listing agent Kellie Cardinal

    Listing office National Realty Guild 5200 Willson Road, Suite 150, Minneapolis, MN

    Listing date Apr 26, 2026

    MLS# 7062289 Listing URL

    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.

    HighLights

    • Duplex in the Como neighborhood (2 bed/1 bath units: upper and lower)
    • Upper unit: 2 bed/1 bath currently tenant‑occupied; could be available June 1 for the new owner
    • Lower unit: 2 bed/1 bath with tenants on a lease through May 31, 2027
    • Built in 1910; stucco exterior
    • Forced‑air heating
    • Layout includes 4 bedrooms and 2 bathrooms across the duplex, with a basement

    Overview

    This duplex offers two separate 2-bedroom, 1-bath units. The upper unit is currently tenant-occupied, with the potential to become available June 1 for a new owner. The lower unit is occupied by long-term tenants, with a lease that runs through May 31, 2027.

    Located at 998 Jameson Street in Saint Paul’s Como neighborhood, the property sits on a lot size of approximately 0.086 acres. The building totals about 1,489 square feet, providing a straightforward two-unit setup for income and/or owner use.

    For an investor, the existing tenant in the upper unit and the extended lease on the lower unit create a measurable rental timeline based on the stated dates. For an owner-occupant, the floorplan supports living in one unit while the other unit continues to generate rent; the upper unit could be available on June 1 if you prefer to move in then. Prospective buyers should review the current tenancy arrangements and lease terms to confirm timing for any intended occupancy plan.

    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 $33.1k $22.20
    − Vacancy −$2.0k −$1.33
    EGI $31.1k $20.87
    − OpEx −$9.3k −$6.26
    NOI $21.8k $14.61
    1,489 SF · lease $22.20/SF/yr · vacancy 5.98% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $310.8K
    $271.9K – $362.6K (±1% cap)
    NOI $21,755 @ 7.0% cap · market cap 6.49%
    Second Best
    Apartment 5plus
    $285.5K
    $249.8K – $333.0K (±1% cap)
    NOI $19,982 @ 7.0% cap · market cap 5.96%
    Theoretical Best
    Healthcare Medical
    $366.4K
    $320.6K – $427.5K (±1% cap)
    NOI $25,650 @ 7.0% cap · market cap 7.66%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saint Paul
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.132105
    Latitude
    44.971187

    FAQs

    What type of property is this?
    Duplex - Owner-occupy or invest in a Saint Paul duplex with two 2-bedroom units and documented tenant lease terms.
    Where is this duplex located?
    The property is located at 998 Jameson Street Saint Paul, MN.
    What is the asking price?
    The asking price for this property is $335,000.
    What are key features of this property?
    This property features: Duplex in the Como neighborhood (2 bed/1 bath units: upper and lower); Upper unit: 2 bed/1 bath currently tenant‑occupied; could be available June 1 for the new owner; Lower unit: 2 bed/1 bath with tenants on a lease through May 31, 2027
    More about this property
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