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4-Unit Residential Income Property
For Sale
$550,000

1083 Chatsworth Street N, Saint Paul, MN 55103

Residential Income, Saint Paul, MN

Property Size3,080 SF
Lot Size0.14 Acres
Price / SF$178.57
Days on Market52

Property Features for 1083 Chatsworth Street N

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential-Multi-Family
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 3, Bathroom 1, Bathroom 3, Bathroom 4, Basement, Bedroom 5, Bedroom 2, Laundry Room, Bedroom 1, Bathroom 2
Subdivision Warrendale
High school district St. Paul
Directions I-94 to Lexington Avenue to Orchard Avenue, left on Chatsworth St
Standard status Active
APN 262923220145
Size 3,080 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4717

Utilities

Heating system Hot Water(Heating)

Building Details

Year built 1900
Listing Agency: Keller Williams Realty Integrity Lakes
Listed By: Alyssa Strom
Added: Sep 1 Changed: Oct 22 Last Checked: Oct 22 at 1:06AM
MLS# 7137290

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 four-unit residential property contains 3,080 square feet on a 0.138-acre lot and dates to 1900. The configuration includes three one-bedroom, one-bathroom apartments and one two-bedroom, one-bathroom apartment. Hot water serves as the heating system. Updates to remodeled units include flooring, kitchens, bathrooms, and paint.

The property is in Saint Paul, within a few blocks of Como Park, Como Zoo, the Conservatory, a golf course, and lakeside trails.

Key Highlights

  • Four apartments: three 1‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit
  • 3,080 square feet on a 0.138‑acre lot
  • Built in 1900; hot water heating

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 (±1% cap)
NOI $45,001 @ 7.0% cap · market cap 8.18%
Second Best
Apartment 5plus
$590.5K
$516.7K – $688.9K (±1% cap)
NOI $41,333 @ 7.0% cap · market cap 7.52%
Theoretical Best
Office A
$734.8K
$643.0K – $857.3K (±1% cap)
NOI $51,438 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

497
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

Frequently Asked Questions

What type of property is this?
Quadplex - The unit mix includes three one-bedroom apartments and a two-bedroom apartment, each with one bathroom.
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 apartments: three 1‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit; 3,080 square feet on a 0.138‑acre lot; Built in 1900; hot water heating
More about this property
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