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    Side-by-Side Duplex Property Title is generated by Realmo AI

    111 King Street E, Saint Paul, MN 55107

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    Claim this Listing
    Pending
    $325,000

    MULTI_FAMILY - Saint Paul, MN

    Property size:
    1,892 SF
    Lot size:
    0.20 Acres
    Added:
    Jun 11, 2026
    Days on Market:
    20
    Last Refresh:
    Jun 30 at 7:06 am

    Property Features for 111 King Street E

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    4
    Rooms
    Bedroom 4, Bathroom 3, Bathroom 2, Bathroom 1, Bathroom 4, Bedroom 1, Bedroom 2, Basement, Bedroom 3
    Exterior features
    Vinyl
    Standard status
    Pending
    APN
    082822240059
    Size
    1,892 SF
    Lot size
    0.20 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    7190

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1981

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    Contact an agent
    Adam Tafel

    Listing agent Adam Tafel

    Listing office Real Broker, LLC 2355 Hwy. 36 W Suite 439, St. Paul, MN

    Listing date Jun 11, 2026

    MLS# 7090773 Listing URL

    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.

    HighLights

    • Built in 1981, well‑maintained side‑by‑side duplex with vinyl exterior and forced‑air heating
    • Each unit offers 2 bedrooms and 2 bathrooms with spacious, functional floor plans
    • Private laundry in each unit plus separate entrances
    • Fully split utilities to each unit
    • One unit currently occupied by a long‑term tenant; the other unit is vacant
    • Basement included in the duplex layout

    Overview

    This well-maintained side-by-side duplex was built in the 1980s and offers two bedrooms and two bathrooms per unit. Each home is laid out like a townhouse, with a private laundry setup, separate entrances, and spacious, functional floor plans. The property also features forced-air heating and fully split utilities, which can simplify day-to-day management compared with shared systems.

    Located on a quiet street in a convenient West St. Paul area, the duplex is described as minutes from downtown St. Paul. The remarks note easy access to shopping, dining, entertainment, and major commuting routes along Robert Street.

    The current configuration provides flexibility for multiple buyer and tenant scenarios. One unit is occupied by a long-term tenant, while the other unit is vacant and ready for an owner-occupant or a new tenant. With separate entrances and private laundry in each unit, the property can support straightforward living arrangements for an investor looking to expand their portfolio or for someone seeking to reduce personal housing costs through a live-in strategy.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $42.0k $22.20
    − Vacancy −$2.5k −$1.33
    EGI $39.5k $20.87
    − OpEx −$11.8k −$6.26
    NOI $27.6k $14.61
    1,892 SF · lease $22.20/SF/yr · vacancy 5.98% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $394.9K
    $345.5K – $460.7K (±1% cap)
    NOI $27,643 @ 7.0% cap · market cap 8.51%
    Second Best
    Apartment 5plus
    $362.7K
    $317.4K – $423.2K (±1% cap)
    NOI $25,390 @ 7.0% cap · market cap 7.81%
    Theoretical Best
    Healthcare Medical
    $465.6K
    $407.4K – $543.2K (±1% cap)
    NOI $32,592 @ 7.0% cap · market cap 10.03%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saint Paul
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.080295
    Latitude
    44.92809

    FAQs

    What type of property is this?
    Duplex - Well-maintained 1980s duplex with separate entrances, private laundry, and split utilities for easier management.
    Where is this duplex located?
    The property is located at 111 King Street E Saint Paul, MN.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: Built in 1981, well‑maintained side‑by‑side duplex with vinyl exterior and forced‑air heating; Each unit offers 2 bedrooms and 2 bathrooms with spacious, functional floor plans; Private laundry in each unit plus separate entrances
    More about this property
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