Updated
For Sale
$550,000
1083 Chatsworth Street N, Saint Paul, MN 55103
Four apartments offer a mix of one- and two-bedroom layouts with refreshed interior finishes.
Property Size3,080 SF
Price / SF$178.57
Days on Market51
Property Features for 1083 Chatsworth Street N
General Information
Standard status
Active
Size
3,080 SF
Property subtype
Multi-Family
Units
Unit Mix
3 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
4
Building Details
Year Built
1900
Listing Agency:
United Country Real Estate Minnesota Properties
Listed By:
Michael Bartus
(952) 400-7000
Source:
Hometwincities
Added: Sep 2
Changed: Oct 21
Last Checked: Oct 20 at 8:37PM
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 United Country Real Estate Minnesota Properties
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Investment Insights
Based on property information with market context.
This four-unit residential property contains three one-bedroom, one-bath apartments and one larger two-bedroom, one-bath apartment within 3,080 square feet. Interior improvements include new flooring, refreshed kitchens and bathrooms, and new paint in the remodeled units. Built in 1900, the property provides a distinct unit mix that can accommodate an investor or an owner-occupant seeking a multifamily residence.
The property is located at 1083 Chatsworth Street N in Saint Paul’s Como Park neighborhood. Como Park, Como Zoo, the Conservatory, a golf course, and lakeside trails are all located within a short distance. Downtown Saint Paul and Minneapolis are accessible from the property, adding connectivity to both employment and entertainment centers.
The property is located at 1083 Chatsworth Street N in Saint Paul’s Como Park neighborhood. Como Park, Como Zoo, the Conservatory, a golf course, and lakeside trails are all located within a short distance. Downtown Saint Paul and Minneapolis are accessible from the property, adding connectivity to both employment and entertainment centers.
Key Highlights
- Four‑unit property with three 1‑bed/1‑bath units and one 2‑bed/1‑bath unit
- 3,080 square feet of residential space
- Interior updates include flooring, kitchens, baths, and paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,001
Cap Rate
8.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$900,020
$900.0K
Cap Rate 7%
$642,871
$642.9K
Cap Rate 9%
$500,011
$500.0K
Market Conditions
NOI Build-Up for 3,080 SF
Gross rent
$68.4K $22.20/SF
− Vacancy
−$4.1K −$1.33/SF
EGI
$64.3K $20.87/SF
− OpEx
−$19.3K −$6.26/SF
NOI
$45.0K $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%
$900,020
Cap Rate 7%
$642,871
Cap Rate 9%
$500,011
Alternative Uses
Best Use
Multifamily LT 5
$642.9K
$562.5K – $750.0K
NOI $45,001 @ 7.0% cap · market cap 8.18%
Second Best
Apartment 5plus
$590.5K
$516.7K – $688.9K
NOI $41,333 @ 7.0% cap · market cap 7.52%
Theoretical Best
Office A
$734.8K
$643.0K – $857.3K
NOI $51,438 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
497
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Four apartments offer a mix of one- and two-bedroom layouts with refreshed interior finishes.
Where is this quadplex located?
The property is located at 1083 Chatsworth Street N Saint Paul, MN.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Four‑unit property with three 1‑bed/1‑bath units and one 2‑bed/1‑bath unit; 3,080 square feet of residential space; Interior updates include flooring, kitchens, baths, and paint
