Quadplex with Recent Building
For Sale
$515,000
1113 Edgerton Street, Saint Paul, MN 55130
Residential Income, Saint Paul, MN
Property Size2,672 SF
Lot Size0.13 Acres
Price / SF$192.74
Days on Market49
Property Features for 1113 Edgerton Street
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Zoning description
Residential-Multi-Family
Bedrooms
9
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bedroom 2, Bedroom 5, Bedroom 9, Bathroom 2, Basement, Bedroom 8, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 7, Bedroom 3, Bedroom 4, Bedroom 6
Subdivision
Beaupre & Kellys Add
High school district
St. Paul
Directions
35E to Maryland, east to Edgerton, south-corner of Jessamine and Edgerton
Standard status
Active
APN
292922210088
Size
2,672 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
2318
Utilities
Heating system
Space Heater, Hot Water(Heating)
Amenities
tenant storage units
coin-operated laundry
off-street parking
Building Details
Year built
1906
Listing Agency:
Keller Williams Premier Realty · Keller Williams Realty
Listed By:
Thomas Geisler
(651) 379-1500
Added: Sep 4
Changed: Oct 20
Last Checked: Oct 22 at 5:06PM
MLS# 7136883
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 2,672-square-foot quadplex, built in 1906 on a 0.132-acre lot, contains two three-bedroom units, one two-bedroom unit, and a studio. Recent work includes new siding and a roof in 2025, along with newer windows, new water heaters and a boiler, and new flooring in Unit 3. Approximately 75% of the appliances are new. The basement includes tenant storage units and two separate storage rooms for owner use.
Coin-operated laundry is provided through a BDS partnership; the equipment is leased and maintained on call. The property also has off-street parking.
Coin-operated laundry is provided through a BDS partnership; the equipment is leased and maintained on call. The property also has off-street parking.
Key Highlights
- Quadplex with 2,672 square feet on a 0.132‑acre lot
- Unit mix: 3BR/2BA, 3BR/1BA, 2BR/1BA, and studio/efficiency
- New roof and siding installed in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,040
Cap Rate
7.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$780,800
$780.8K
Cap Rate 7%
$557,714
$557.7K
Cap Rate 9%
$433,778
$433.8K
Market Conditions
NOI Build-Up for 2,672 SF
Gross rent
$59.3K $22.20/SF
− Vacancy
−$3.5K −$1.33/SF
EGI
$55.8K $20.87/SF
− OpEx
−$16.7K −$6.26/SF
NOI
$39.0K $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%
$780,800
Cap Rate 7%
$557,714
Cap Rate 9%
$433,778
Alternative Uses
Best Use
Multifamily LT 5
$557.7K
$488.0K – $650.7K
NOI $39,040 @ 7.0% cap · market cap 7.58%
Second Best
Apartment 5plus
$512.2K
$448.2K – $597.6K
NOI $35,857 @ 7.0% cap · market cap 6.96%
Theoretical Best
Office A
$637.5K
$557.8K – $743.7K
NOI $44,624 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
871
Businesses Nearby
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Business Placement
Demographics for 55130, MN
18,581
Population
6,368
Households
2.9
Avg Household Size
28
Median Age
21%
College-Educated
73%
High-School Grad
2.0 sq mi
ZIP Area
9,291
Density / Sq Mi
$53,281
Median Household Income
$36,740
Median Earnings
$1,151
Median Rent
$220,300
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 apartment layouts include two three-bedroom units, a two-bedroom unit, and a studio.
Where is this quadplex located?
The property is located at 1113 Edgerton Street Saint Paul, MN.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Quadplex with 2,672 square feet on a 0.132‑acre lot; Unit mix: 3BR/2BA, 3BR/1BA, 2BR/1BA, and studio/efficiency; New roof and siding installed in 2025
