Multifamily Property with Detached
128 4th Avenue S, South Saint Paul, MN 55075
For Sale
$250,000
Residential Income, South Saint Paul, MN
Property Size1,444 SF
Lot Size0.17 Acres
Price / SF$173.13
Days on Market8
Property Features for 128 4th Avenue S
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Building Details
Year built
Roof type
Listing Agency:
Metzen Realty and Associates CO.
(651) 455-2214
Listed By:
Brian Solos
(763) 521-9500
Added: Nov 3
Last Checked: Nov 10 at 7:06AM
MLS# 7168513
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 1,444-square-foot property in South Saint Paul was built in 1900 and sits on a 0.172-acre lot. The interior includes four bedrooms, two bathrooms, and a basement, with forced-air heating and a shingle roof. A detached garage provides on-site parking.
Key Highlights
- 1,444‑square‑foot property on a 0.172‑acre lot
- Four bedrooms and two bathrooms
- Basement included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,378
Cap Rate
7.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,560
$387.6K
Cap Rate 7%
$276,829
$276.8K
Cap Rate 9%
$215,311
$215.3K
Market Conditions
NOI Build-Up for 1,444 SF
Gross rent
$37.6K $26.04/SF
− Vacancy
−$2.4K −$1.64/SF
EGI
$35.2K $24.40/SF
− OpEx
−$15.9K −$10.98/SF
NOI
$19.4K $13.42/SF
Area
Dakota County, MN
Vacancy
6.30%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,560
Cap Rate 7%
$276,829
Cap Rate 9%
$215,311
Alternative Uses
Best Use
Apartment 5plus
$276.8K
$242.2K – $323.0K
NOI $19,378 @ 7.0% cap · market cap 7.75%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$355.3K
$310.9K – $414.6K
NOI $24,874 @ 7.0% cap · market cap 9.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Location Intelligence
Trade Area within ½ mile
661
Businesses Nearby
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Business Placement
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
$267,000
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Dakota County, MN
Properties on Market for Multifamily properties in Dakota County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Multifamily property - Four bedrooms, two bathrooms, and a basement provide the home’s interior configuration.
Where is this multifamily 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 $250,000.
What are key features of this property?
This property features: 1,444‑square‑foot property on a 0.172‑acre lot; Four bedrooms and two bathrooms; Basement included
