Up-Down Duplex with
For Sale
$405,000
1062 Front Ave, Saint Paul, MN 55103
Two-unit residential property with separate front and rear entrances, a fenced yard, and nearby dining and retail amenities.
Property Size2,154 SF
Price / SF$188.02
Days on Market57
Property Features for 1062 Front Ave
General Information
Standard status
Active
Size
2,154 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
garage parking
fenced yard
separate front and rear entrances
Building Details
Year Built
1895
Listing Agency:
RE/MAX Results
Listed By:
Michael Vanderheyden · License #88369
(612) 308-0826
Source:
Vibemn
Added: Aug 24
Changed: Oct 2
Last Checked: Oct 7 at 4:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Results
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Investment Insights
Based on property information with market context.
This two-unit duplex contains 2,154 square feet in an up-and-down configuration. Separate front and rear entrances provide distinct access to the units, while garage parking and a fenced yard add practical property features.
The property is located at 1062 Front Ave in Saint Paul, near Energy Park and Como Regional Park. Restaurants and shopping are also close by, adding convenient access to neighborhood amenities.
The property is located at 1062 Front Ave in Saint Paul, near Energy Park and Como Regional Park. Restaurants and shopping are also close by, adding convenient access to neighborhood amenities.
Key Highlights
- 2,154‑square‑foot up‑and‑down duplex
- Garage parking included
- Fenced yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,471
Cap Rate
7.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$629,420
$629.4K
Cap Rate 7%
$449,586
$449.6K
Cap Rate 9%
$349,678
$349.7K
Market Conditions
NOI Build-Up for 2,154 SF
Gross rent
$47.8K $22.20/SF
− Vacancy
−$2.9K −$1.33/SF
EGI
$45.0K $20.87/SF
− OpEx
−$13.5K −$6.26/SF
NOI
$31.5K $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%
$629,420
Cap Rate 7%
$449,586
Cap Rate 9%
$349,678
Alternative Uses
Best Use
Multifamily LT 5
$449.6K
$393.4K – $524.5K
NOI $31,471 @ 7.0% cap · market cap 7.77%
Second Best
Apartment 5plus
$412.9K
$361.3K – $481.8K
NOI $28,906 @ 7.0% cap · market cap 7.14%
Theoretical Best
Office A
$513.9K
$449.7K – $599.6K
NOI $35,973 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
701
Businesses Nearby
Explore this area
Business Placement
Demographics for 55103, MN
13,874
Population
5,652
Households
2.5
Avg Household Size
32
Median Age
27%
College-Educated
79%
High-School Grad
2.0 sq mi
ZIP Area
6,937
Density / Sq Mi
$47,872
Median Household Income
$35,625
Median Earnings
$1,040
Median Rent
$240,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with separate front and rear entrances, a fenced yard, and nearby dining and retail amenities.
Where is this duplex located?
The property is located at 1062 Front Ave Saint Paul, MN.
What is the asking price?
The asking price for this property is $405,000.
What are key features of this property?
This property features: 2,154‑square‑foot up‑and‑down duplex; Garage parking included; Fenced yard
