Three-Bedroom Duplex with Basement
For Sale
$235,000
1105 Rose Ave E, Saint Paul, MN 55106
Fully leased duplex with two residential units and a basement containing an existing kitchen and bathroom.
Property Size1,465 SF
Price / SF$160.41
Days on Market155
Property Features for 1105 Rose Ave E
General Information
Standard status
Active
Size
1,465 SF
Property subtype
Residential Income
Occupancy
100%
Property Condition
Severity
Repairs Needed
Evidence
minor cosmetic updates
Taxes and HOA fees
Annual Taxes
$3,658
Listing Agency:
Keller Williams Realty Integrity Lakes
(612) 821-7400
Listed By:
Hosie
(612) 709-1875
Source:
Exprealty
Added: May 15
Changed: Oct 14
Last Checked: Oct 14 at 11:31PM
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 Keller Williams Realty Integrity Lakes
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Investment Insights
Based on property information with market context.
This Saint Paul duplex contains two residential units, each arranged with 3 bedrooms and 1 bathroom. Both units are fully leased, providing current occupancy, while the property also includes a basement area set up with a kitchen and bathroom.
The basement is presently being used as an additional unit, but egress would be needed before establishing a legal third unit. The property is located at 1105 Rose Ave E in Saint Paul, Minnesota.
The basement is presently being used as an additional unit, but egress would be needed before establishing a legal third unit. The property is located at 1105 Rose Ave E in Saint Paul, Minnesota.
Key Highlights
- Two‑unit property with each residence offering 3 bedrooms and 1 bathroom
- Both primary units are fully leased
- Basement includes an existing kitchen and bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,405
Cap Rate
9.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,100
$428.1K
Cap Rate 7%
$305,786
$305.8K
Cap Rate 9%
$237,833
$237.8K
Market Conditions
NOI Build-Up for 1,465 SF
Gross rent
$32.5K $22.20/SF
− Vacancy
−$1.9K −$1.33/SF
EGI
$30.6K $20.87/SF
− OpEx
−$9.2K −$6.26/SF
NOI
$21.4K $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%
$428,100
Cap Rate 7%
$305,786
Cap Rate 9%
$237,833
Alternative Uses
Best Use
Multifamily LT 5
$305.8K
$267.6K – $356.8K
NOI $21,405 @ 7.0% cap · market cap 9.11%
Second Best
Apartment 5plus
$280.9K
$245.8K – $327.7K
NOI $19,660 @ 7.0% cap · market cap 8.37%
Theoretical Best
Office A
$349.5K
$305.8K – $407.8K
NOI $24,466 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
Explore this area
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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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 - Fully leased duplex with two residential units and a basement containing an existing kitchen and bathroom.
Where is this duplex located?
The property is located at 1105 Rose Ave E Saint Paul, MN.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Two‑unit property with each residence offering 3 bedrooms and 1 bathroom; Both primary units are fully leased; Basement includes an existing kitchen and bathroom
