Duplex with Enclosed
1047 5th Street E, Saint Paul, MN 55106
For Sale
$289,900
Pending
Residential Income, Saint Paul, MN
Property Size1,631 SF
Lot Size0.14 Acres
Days on Market56
Property Features for 1047 5th Street E
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Subdivision
Lot features
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Amenities
enclosed front porch
Building Details
Year built
Building materials
Roof type
Buildings
Listing Agency:
Keller Williams Realty Integrity Lakes
Listed By:
Deantrie Adams
(612) 821-7400
Added: Sep 15
Changed: Nov 2
Last Checked: Nov 9 at 1:06PM
MLS# 7144623
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.
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Investment Insights
Based on property information with market context.
This 1914 duplex contains 1,631 square feet across two separate living spaces. Interior details include hardwood floors, natural light, and an enclosed front porch with extensive windows. The main-floor unit features a large kitchen with granite countertops, ample cabinet and preparation space, and flexible living areas. The property includes a basement, four bedrooms, two bathrooms, and a driveway.
Major exterior work completed in 2024 includes replacement siding, roof, and windows. The structure has block construction, with baseboard and forced-air heating. Located in Saint Paul’s 55106 ZIP code, the property is near parks, shopping, dining, and everyday amenities. The two-unit layout supports owner occupancy with additional rental space, extended-family living, or continued use as a residential income property.
Major exterior work completed in 2024 includes replacement siding, roof, and windows. The structure has block construction, with baseboard and forced-air heating. Located in Saint Paul’s 55106 ZIP code, the property is near parks, shopping, dining, and everyday amenities. The two-unit layout supports owner occupancy with additional rental space, extended-family living, or continued use as a residential income property.
Key Highlights
- Two‑unit duplex with 1,631 square feet of property area
- Exterior siding, roof, and windows replaced in 2024
- Four bedrooms and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,830
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,600
$476.6K
Cap Rate 7%
$340,429
$340.4K
Cap Rate 9%
$264,778
$264.8K
Market Conditions
NOI Build-Up for 1,631 SF
Gross rent
$36.2K $22.20/SF
− Vacancy
−$2.2K −$1.33/SF
EGI
$34.0K $20.87/SF
− OpEx
−$10.2K −$6.26/SF
NOI
$23.8K $14.61/SF
Area
Ramsey 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%
$476,600
Cap Rate 7%
$340,429
Cap Rate 9%
$264,778
Alternative Uses
Best Use
Multifamily LT 5
$340.4K
$297.9K – $397.2K
NOI $23,830 @ 7.0% cap · market cap 8.22%
Second Best
Apartment 5plus
$312.7K
$273.6K – $364.8K
NOI $21,888 @ 7.0% cap · market cap 7.55%
Theoretical Best
Office A
$389.1K
$340.5K – $454.0K
NOI $27,239 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
519
Businesses Nearby
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Business Placement
Demographics for 55106, MN
60,327
Population
19,974
Households
3
Avg Household Size
30
Median Age
23%
College-Educated
82%
High-School Grad
9.4 sq mi
ZIP Area
6,418
Density / Sq Mi
$68,601
Median Household Income
$39,834
Median Earnings
$1,230
Median Rent
$233,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Saint Paul, MN
Properties on Market for Duplexes in Saint Paul
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two distinct living units with hardwood floors, a granite-counter kitchen, and substantial exterior improvements completed in 2024.
Where is this duplex located?
The property is located at 1047 5th Street E Saint Paul, MN.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,631 square feet of property area; Exterior siding, roof, and windows replaced in 2024; Four bedrooms and two bathrooms
