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Updated Duplex with Private Garages
For Sale
$299,900
Pending

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

Two-unit property with refreshed interiors, in-unit laundry, and a corner-lot setting.

Property Size1,860 SF
Days on Market52

Property Features for 153 4th Ave S

General Information

Standard status Pending
Size 1,860 SF
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,602

Amenities

in-unit laundry
private garage
front porch

Building Details

Buildings 1
Listing Agency: RE/MAX Results
Listed By: Nickie Kraus
Source: Exprealty
Added: Sep 1 Changed: Oct 14 Last Checked: Oct 20 at 9:42PM

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

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Investment Insights

Based on property information with market context.

This 1,860-square-foot duplex includes two residential units with fresh interior paint, luxury vinyl plank flooring, and carpeted bedrooms. Each unit has its own laundry and private garage, while the property also offers a front porch and refreshed landscaping on a corner lot.

The lower-level unit is currently rented and remains available for showing. The property is near parks, shopping, dining, and major roadways in South Saint Paul.

Key Highlights

  • Two‑unit duplex totaling 1,860 square feet
  • Each unit includes in‑unit laundry and a private garage
  • Fresh paint and luxury vinyl plank flooring throughout the units

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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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 - Two-unit property with refreshed interiors, in-unit laundry, and a corner-lot setting.
Where is this duplex located?
The property is located at 153 4th Ave 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 totaling 1,860 square feet; Each unit includes in‑unit laundry and a private garage; Fresh paint and luxury vinyl plank flooring throughout the units
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