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Up-and-Down Duplex
For Sale
$405,000

1062 Front Avenue, Saint Paul, MN 55103

Residential Income, Saint Paul, MN

Property Size2,154 SF
Lot Size0.11 Acres
Price / SF$188.02
Days on Market55

Property Features for 1062 Front Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential-Multi-Family
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 2, Laundry Room, Bathroom 1, Bedroom 1, Basement, Bedroom 4, Bathroom 2
Parking features Open, Garage - Detached
Fencing Chain Link
Subdivision Kalmans Div 1, Additi
High school district St. Paul
Directions 94 to Lexington, North to Front, East to property.
Standard status Active
APN 262923320085
Size 2,154 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 6950

Utilities

Heating system Forced Air

Amenities

garage parking
fenced yard
separate front and rear entrances

Building Details

Year built 1895
Building materials Frame
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Michael Vanderheyden · License #88369
Added: Aug 12 Changed: Sep 29 Last Checked: Oct 5 at 6:06PM
MLS# 7125982

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 2,154-square-foot duplex has an upper-and-lower arrangement, with separate front and rear entrances. The frame structure dates to 1895 and has forced-air heating. Interior rooms include four bedrooms, two bathrooms, a laundry room, and a basement.

The 0.1148-acre property includes a detached garage, open parking, and a chain-link fenced yard. Energy Park and Como Regional Park are nearby, with restaurants and shopping also in the surrounding area.

Key Highlights

  • Up‑and‑down duplex with separate front and rear entrances
  • 2,154 square feet of building area on 0.1148 acres
  • Four bedrooms, two bathrooms, laundry room, and basement

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 (±1% cap)
NOI $31,471 @ 7.0% cap · market cap 7.77%
Second Best
Apartment 5plus
$412.9K
$361.3K – $481.8K (±1% cap)
NOI $28,906 @ 7.0% cap · market cap 7.14%
Theoretical Best
Office A
$513.9K
$449.7K – $599.6K (±1% cap)
NOI $35,973 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Hair Salon Nail Salon Electrical Service Kitchen & Bath Showroom Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

701
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Separate front and rear entrances serve the two-unit layout.
Where is this duplex located?
The property is located at 1062 Front Avenue 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: Up‑and‑down duplex with separate front and rear entrances; 2,154 square feet of building area on 0.1148 acres; Four bedrooms, two bathrooms, laundry room, and basement
More about this property
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