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    Multi-Family Residential Property Title is generated by Realmo AI

    128 4th Avenue S, South Saint Paul, MN 55075

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    For Sale
    $300,000

    MULTI_FAMILY - South Saint Paul, MN

    Property size:
    1,444 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $207/SF
    Added:
    Jun 16, 2026
    Days on Market:
    15
    Last Refresh:
    Jun 30 at 3:06 am

    Property Features for 128 4th Avenue S

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    2
    Bathrooms
    2
    Rooms
    Bedroom 1, Bedroom 2, Basement, Bathroom 2, Bathroom 1
    Parking features
    Garage - Detached
    Exterior features
    Vinyl, Wood
    Standard status
    Active
    APN
    363255009230
    Size
    1,444 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    4916

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1900
    Roof type
    Shingle

    We can help!

    Contact an agent
    Brian Solos

    Listing agent Brian Solos

    Listing office Metzen Realty and Associates CO. 412 Southview Boulevard Suite 200, Edina, MN

    Listing date Jun 16, 2026

    MLS# 7094225 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

    • Home built in 1900
    • Forced‑air heating system
    • Detached garage provides parking
    • Shingle roof
    • Exterior features include vinyl and wood

    Overview

    This for-sale multi-family residential property offers a compact building footprint totaling 1,444 square feet on a 0.172-acre lot. The asset is positioned for residential income use, with the overall configuration consistent with a multi-family offering. Buyers evaluating rental-focused strategies may find the size and lot scale practical for day-to-day ownership and management.

    Located at 128 4th Avenue S in South Saint Paul, Minnesota 55075, the property sits in Dakota County. This is a straightforward municipal setting within the South Saint Paul market, providing a clear address for underwriting, touring, and local service coordination.

    As a residential income property, the building may appeal to investors seeking a manageable scale asset, as well as owner-occupants looking for a multi-family structure. Due to the limited data provided, potential buyers should confirm the specific unit layout and condition through their own inspection and review of offering materials before determining rent readiness, capital planning, and operating requirements. For serious tenants, brokers, and investors, the next step is to verify interior features, measure spaces as needed, and assess how the property’s multi-family design aligns with their leasing or occupancy goals.

    Local Financial Insights For Apartment 5plus

    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 $37.6k $26.04
    − Vacancy −$2.4k −$1.64
    EGI $35.2k $24.40
    − OpEx −$15.9k −$10.98
    NOI $19.4k $13.42
    1,444 SF · lease $26.04/SF/yr · vacancy 6.30% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $276.8K
    $242.2K – $323.0K (±1% cap)
    NOI $19,378 @ 7.0% cap · market cap 6.46%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Healthcare Medical
    $355.3K
    $310.9K – $414.6K (±1% cap)
    NOI $24,874 @ 7.0% cap · market cap 8.29%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    South Saint Paul
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.0389563
    Latitude
    44.8897243

    FAQs

    What type of property is this?
    Single family property - Compact residential income property in South Saint Paul, MN, offering space suited for long-term rental use.
    Where is this single family property located?
    The property is located at 128 4th Avenue S South Saint Paul, MN.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: Home built in 1900; Forced‑air heating system; Detached garage provides parking
    More about this property
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