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Duplex with Private Garages
For Sale
$299,900
Pending

153 4th Avenue S, South Saint Paul, MN 55075

Residential Income, South Saint Paul, MN

Property Size1,860 SF
Lot Size0.11 Acres
Days on Market48

Property Features for 153 4th Avenue S

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential-Single Family
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Basement, Bedroom 4, Bedroom 1, Bathroom 2, Laundry Room, Bedroom 2, Bedroom 3
Parking features Garage - Detached, Open
Patio and Porch features Porch
Subdivision Hepburn Park
Lot features Public Transit (w/in 6 blks), Corner Lot
High school district South St. Paul
Directions 494 to 5th Exit. Right to Southview, Right to 4th Ave. Left.
Standard status Pending
APN 363255012150
Size 1,860 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4602

Utilities

Heating system Baseboard

Amenities

in-unit laundry
front porch

Building Details

Year built 1890
Roof type Shingle
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Nickie Kraus
Added: Aug 31 Changed: Oct 16 Last Checked: Oct 17 at 1:06AM
MLS# 7136641

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 two-unit duplex contains 1,860 square feet on a 0.114-acre corner lot and was built in 1890. Both residences have in-unit laundry and a private garage. Interior updates include fresh paint, luxury vinyl plank flooring, and carpeted bedrooms. The property also has a front porch and refreshed landscaping.

The lower-level residence is occupied by a tenant. Parks, shopping, dining, and major roadways are described as nearby.

Key Highlights

  • Two‑unit duplex with 1,860 square feet
  • 0.114‑acre corner lot
  • Built in 1890

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,176
Cap Rate
9.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$543,520 $543.5K
Cap Rate 7%
$388,229 $388.2K
Cap Rate 9%
$301,956 $302.0K
Market Conditions
NOI Build-Up for 1,860 SF
Gross rent
$41.3K $22.20/SF
− Vacancy
−$2.5K −$1.33/SF
EGI
$38.8K $20.87/SF
− OpEx
−$11.6K −$6.26/SF
NOI
$27.2K $14.61/SF
Area
Dakota 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%
$543,520
Cap Rate 7%
$388,229
Cap Rate 9%
$301,956

Alternative Uses

Best Use
Multifamily LT 5
$388.2K
$339.7K – $452.9K (±1% cap)
NOI $27,176 @ 7.0% cap · market cap 9.06%
Second Best
Apartment 5plus
$356.6K
$312.0K – $416.0K (±1% cap)
NOI $24,961 @ 7.0% cap · market cap 8.32%
Theoretical Best
Healthcare Medical
$457.7K
$400.5K – $534.0K (±1% cap)
NOI $32,040 @ 7.0% cap · market cap 10.68%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Hair Salon Skin Care Clinic Bakery Grocery & Convenience 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

661
Businesses Nearby

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
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

Frequently Asked Questions

What type of property is this?
Duplex - Both residences have in-unit laundry, while a front porch and corner-lot setting add to the property’s physical features.
Where is this duplex located?
The property is located at 153 4th Avenue S South Saint Paul, MN.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,860 square feet; 0.114‑acre corner lot; Built in 1890
More about this property
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