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Side-by-Side Duplex with Walk-Outs
For Sale
$649,000

1745 Duluth St, Maplewood, MN 55109

Two connected residences offer separate layouts, basement utility, patios, and recent major system updates.

Property Size3,732 SF
Price / SF$173.90
Days on Market57

Property Features for 1745 Duluth St

General Information

Standard status Active
Size 3,732 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR/2BA, 1 x 3BR/1.5BA
Multifamily Units 2

Building Details

Year Built 1972
Listing Agency: National Realty Guild
Listed By: Hope E. Goddard
Source: Vibemn
Added: Aug 10 Changed: Sep 15 Last Checked: Oct 4 at 2:46PM

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 National Realty Guild

Investment Insights

Based on property information with market context.

This 1972 side-by-side duplex at 1745 Duluth St in Maplewood contains 3,732 square feet across two residential units. Both residences feature walk-out access and a backyard patio. One unit includes three bedrooms, two bathrooms, and a basement egress window with a three-quarter bathroom; the other provides three bedrooms, one and one-half bathrooms, and an open basement without an egress window.

Recent improvements include a roof installed in 2021, a furnace and air conditioner added in 2023, and new LVP flooring planned for both kitchens in March 2026. Carpet in the second unit is two years old. The property is located in Maplewood, MN 55109.

Key Highlights

  • 3,732‑square‑foot side‑by‑side duplex built in 1972
  • One unit has 3 bedrooms, 2 baths, basement egress, and a 3/4 bath
  • Second unit offers 3 bedrooms, 1 1/2 baths, and an open basement

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$54,527
Cap Rate
8.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,090,540 $1.1M
Cap Rate 7%
$778,957 $779.0K
Cap Rate 9%
$605,856 $605.9K
Market Conditions
NOI Build-Up for 3,732 SF
Gross rent
$82.9K $22.20/SF
− Vacancy
−$5.0K −$1.33/SF
EGI
$77.9K $20.87/SF
− OpEx
−$23.4K −$6.26/SF
NOI
$54.5K $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%
$1,090,540
Cap Rate 7%
$778,957
Cap Rate 9%
$605,856

Alternative Uses

Best Use
Multifamily LT 5
$779.0K
$681.6K – $908.8K (±1% cap)
NOI $54,527 @ 7.0% cap · market cap 8.40%
Second Best
Apartment 5plus
$715.5K
$626.0K – $834.7K (±1% cap)
NOI $50,082 @ 7.0% cap · market cap 7.72%
Theoretical Best
Office A
$890.4K
$779.1K – $1.04M (±1% cap)
NOI $62,326 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Building Supply Hair Salon

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

Location Intelligence

Trade Area within ½ mile

151
Businesses Nearby

Demographics for 55109, MN

35,381
Population
13,376
Households
2.6
Avg Household Size
38
Median Age
31%
College-Educated
91%
High-School Grad
11.7 sq mi
ZIP Area
3,024
Density / Sq Mi
$81,759
Median Household Income
$44,609
Median Earnings
$1,316
Median Rent
$291,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Two connected residences offer separate layouts, basement utility, patios, and recent major system updates.
Where is this duplex located?
The property is located at 1745 Duluth St Maplewood, MN.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 3,732‑square‑foot side‑by‑side duplex built in 1972; One unit has 3 bedrooms, 2 baths, basement egress, and a 3/4 bath; Second unit offers 3 bedrooms, 1 1/2 baths, and an open basement
More about this property
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