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Four-Unit Brick and Stucco Property
New
For Sale
$435,000

1522 Hague Ave, Saint Paul, MN 55104

Three residential apartments and a studio above a detached two-car garage offer varied layouts and separate living spaces.

Property Size2,750 SF
Price / SF$158.18
Days on Market6

Property Features for 1522 Hague Ave

General Information

Standard status Active
Size 2,750 SF
Total Parking Spaces 2
Property subtype Residential Income

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR+den/1BA, 1 x studio/3/4BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $9,370

Building Details

Buildings 2
Construction brick-and-stucco
Listing Agency: RE/MAX Results
Listed By: Reidell Estey & Associates – Marti Estey
Source: Exprealty
Added: Oct 8 Changed: Oct 10 Last Checked: Oct 11 at 8:47AM

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 RE/MAX Results

Investment Insights

Based on property information with market context.

This four-unit property in Saint Paul includes three apartments and a studio above a detached, two-car garage. The main-floor apartment has two bedrooms, a separate dining room, a kitchen with a breakfast nook, and a full bathroom. The upper apartment includes one bedroom, a den, separate living and dining rooms, and a full bathroom. The garage-top studio has a kitchen with an island and granite counters, hardwood floors, and a three-quarter bath. The property measures 2,750 SF.

Updates include a furnace and AC installed in 2025, electrical work in 2020, and a 2019 package of roof, sidewalk, garage-floor, window-well, and basement drain-tile improvements. Hardie siding dates to 2018, and Leaf Guard gutters were installed in 2014. The property is near Whole Foods, the Minnesota United stadium, universities, dining, shopping, parks, and major roadways.

Key Highlights

  • Four units: three apartments plus a studio above the detached garage
  • 2,750 SF property with a detached two‑car garage
  • Main‑floor apartment has two bedrooms, a separate dining room, and a breakfast nook

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,904
Cap Rate
8.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$738,080 $738.1K
Cap Rate 7%
$527,200 $527.2K
Cap Rate 9%
$410,044 $410.0K
Market Conditions
NOI Build-Up for 2,750 SF
Gross rent
$71.6K $26.04/SF
− Vacancy
−$4.5K −$1.64/SF
EGI
$67.1K $24.40/SF
− OpEx
−$30.2K −$10.98/SF
NOI
$36.9K $13.42/SF
Area
Ramsey 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%
$738,080
Cap Rate 7%
$527,200
Cap Rate 9%
$410,044

Alternative Uses

Best Use
Multifamily LT 5
$574.0K
$502.2K – $669.7K (±1% cap)
NOI $40,179 @ 7.0% cap · market cap 9.24%
Second Best
Apartment 5plus
$527.2K
$461.3K – $615.1K (±1% cap)
NOI $36,904 @ 7.0% cap · market cap 8.48%
Theoretical Best
Office A
$656.1K
$574.1K – $765.4K (±1% cap)
NOI $45,926 @ 7.0% cap · market cap 10.56%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Home Appliance Store Plumbing Service Electrical Service Pet Store

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,647
Businesses Nearby

Demographics for 55104, MN

45,612
Population
20,358
Households
2.2
Avg Household Size
33
Median Age
52%
College-Educated
93%
High-School Grad
6.0 sq mi
ZIP Area
7,602
Density / Sq Mi
$75,038
Median Household Income
$42,770
Median Earnings
$1,159
Median Rent
$290,900
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?
Quadplex - Three residential apartments and a studio above a detached two-car garage offer varied layouts and separate living spaces.
Where is this quadplex located?
The property is located at 1522 Hague Ave Saint Paul, MN.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Four units: three apartments plus a studio above the detached garage; 2,750 SF property with a detached two‑car garage; Main‑floor apartment has two bedrooms, a separate dining room, and a breakfast nook
More about this property
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