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Duplex with Private Balcony
For Sale
$315,000

119 10th Ave S, South Saint Paul, MN 55075

Two vacant 2-bedroom, 1-bath units with updates, including a private balcony in the upper unit.

Property Size1,700 SF
Price / SF$185.29
Days on Market9

Property Features for 119 10th Ave S

General Information

Standard status Active
Size 1,700 SF
Property subtype Residential Income

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Highway Access Yes

Amenities

private balcony
backyard

Building Details

Buildings 1
Listing Agency: RES Realty
Listed By: Hyder Jaweed
Source: Exprealty
Added: Jul 23 Changed: Jul 31 Last Checked: Jul 31 at 2:28AM

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 RES Realty

Investment Insights

Based on property information with market context.

This well-maintained duplex offers two spacious, up-and-down units. Each unit features two bedrooms and one bathroom. Both units are vacant, providing immediate occupancy for an owner-occupant or the ability to lease both units. The lower unit has been recently renovated with an updated kitchen, a remodeled bathroom, and new flooring. The upper unit has been refreshed with newly painted cabinets and new flooring and includes a private balcony.

The property includes a newer detached 3-car garage, ample off-street parking, and a spacious backyard on a generous lot. At approximately 1,700 SF, the home is positioned for convenient daily access to banks, grocery stores, shopping, gas stations, and fitness facilities, with parks, schools, restaurants, and major highways nearby to support trips to downtown St. Paul and Minneapolis.

Key Highlights

  • Vacant up‑and‑down duplex with two two‑bedroom, one‑bath units
  • Lower unit recently renovated: updated kitchen, remodeled bathroom, new flooring
  • Upper unit refreshed with newly painted cabinets and new flooring plus private balcony

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 $37.7k $22.20
− Vacancy −$2.3k −$1.33
EGI $35.5k $20.87
− OpEx −$10.6k −$6.26
NOI $24.8k $14.61
1,700 SF · lease $22.20/SF/yr · vacancy 5.98% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$354.8K
$310.5K – $414.0K (±1% cap)
NOI $24,838 @ 7.0% cap · market cap 7.89%
Second Best
Apartment 5plus
$325.9K
$285.2K – $380.2K (±1% cap)
NOI $22,814 @ 7.0% cap · market cap 7.24%
Theoretical Best
Healthcare Medical
$418.3K
$366.1K – $488.1K (±1% cap)
NOI $29,284 @ 7.0% cap · market cap 9.30%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Hair Salon Parking Lot & Garage Spa & Massage Center Gym & Fitness Center Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

538
Businesses Nearby

Demographics for 55075, MN

20,749
Population
8,460
Households
2.5
Avg Household Size
37
Median Age
31%
College-Educated
93%
High-School Grad
5.6 sq mi
ZIP Area
3,705
Density / Sq Mi
$84,573
Median Household Income
$48,724
Median Earnings
$1,128
Median Rent
$267,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two vacant 2-bedroom, 1-bath units with updates, including a private balcony in the upper unit.
Where is this duplex located?
The property is located at 119 10th Ave S South Saint Paul, MN.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Vacant up‑and‑down duplex with two two‑bedroom, one‑bath units; Lower unit recently renovated: updated kitchen, remodeled bathroom, new flooring; Upper unit refreshed with newly painted cabinets and new flooring plus private balcony
More about this property
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