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    Renovated Duplex with Mother-in-Law Suite Title is generated by Realmo AI

    144 8th Avenue S, South Saint Paul, MN 55075

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    Claim this Listing
    Pending
    $429,000

    MULTI_FAMILY - South Saint Paul, MN

    Property size:
    2,212 SF
    Lot size:
    0.17 Acres
    Added:
    May 11, 2026
    Days on Market:
    51
    Last Refresh:
    Jun 30 at 5:06 am

    Property Features for 144 8th Avenue S

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    3
    Rooms
    Bedroom 5, Bedroom 4, Bedroom 3, Basement, Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 1
    Exterior features
    Stucco
    Standard status
    Pending
    APN
    363255001190
    Size
    2,212 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    5538

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1925
    Building materials
    Brick, Frame

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    Contact an agent
    Zak Carchedi

    Listing agent Zak Carchedi

    Listing office RE/MAX Synergy 920 W Broadway Ave, Forest Lake, MN

    Listing date May 11, 2026

    MLS# 7071946 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

    • Updated duplex with an added mother‑in‑law suite, for 3 total units that have undergone renovations to modernize the interiors
    • Solid long‑term tenants; a new tenant is moving into the main unit on the first of the month
    • Year built 1925; construction materials include brick and frame with stucco exterior
    • Forced‑air heating
    • Exterior includes a detached garage, asphalt driveway, and additional off‑street parking
    • South St. Paul location with quick access to Hwy 52 and I‑494

    Overview

    This updated duplex includes two rental units plus an added mother-in-law suite, creating three separate units. All three units have undergone renovations to modernize the interiors. The property also includes a detached garage, an asphalt driveway, and additional off-street parking, supporting everyday resident convenience.

    Located in South Saint Paul, the home offers easy access to major highways, including Hwy 52 and I-494. The surrounding area is described as close to local restaurants and coffee shops, schools, parks, and Mississippi River trails, with nearby shopping options as well.

    Designed for flexibility, the layout can support owner-occupancy, multi-generational living, or a multi-unit rental strategy. With renovations completed across all units and off-street parking included, the property presents a turnkey option for buyers seeking an updated residential income asset in South Saint Paul.

    Local 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 $49.1k $22.20
    − Vacancy −$2.9k −$1.33
    EGI $46.2k $20.87
    − OpEx −$13.9k −$6.26
    NOI $32.3k $14.61
    2,212 SF · lease $22.20/SF/yr · vacancy 5.98% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $461.7K
    $404.0K – $538.7K (±1% cap)
    NOI $32,319 @ 7.0% cap · market cap 7.53%
    Second Best
    Apartment 5plus
    $424.1K
    $371.1K – $494.7K (±1% cap)
    NOI $29,684 @ 7.0% cap · market cap 6.92%
    Theoretical Best
    Healthcare Medical
    $544.3K
    $476.3K – $635.1K (±1% cap)
    NOI $38,104 @ 7.0% cap · market cap 8.88%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

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

    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
    -93.04405
    Latitude
    44.889288

    FAQs

    What type of property is this?
    Triplex - Updated duplex offering three renovated units, detached garage, and off-street parking near major highways.
    Where is this triplex located?
    The property is located at 144 8th Avenue S South Saint Paul, MN.
    What is the asking price?
    The asking price for this property is $429,000.
    What are key features of this property?
    This property features: Updated duplex with an added mother‑in‑law suite, for 3 total units that have undergone renovations to modernize the interiors; Solid long‑term tenants; a new tenant is moving into the main unit on the first of the month; Year built 1925; construction materials include brick and frame with stucco exterior
    More about this property
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