Up-and-Down
New
For Sale
$370,000
1561 Arkwright Street, Saint Paul, MN 55130
Separate utilities serve the two residential units, with garage parking and a driveway on site.
Property Size1,874 SF
Price / SF$197.44
Days on Market1
Property Features for 1561 Arkwright Street
General Information
Standard status
Active
Size
1,874 SF
Property subtype
Multi-Family
Additional Details
Utilities to Site
Yes
Multifamily Units
2
Amenities
back porch
Building Details
Year Built
1968
Listing Agency:
Century 21 Affiliated
Listed By:
The BPR Experience
(952) 992-9279
Source:
Thebprexperience
Added: Oct 7
Last Checked: Oct 7 at 10:59AM
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 Century 21 Affiliated
Investment Insights
Based on property information with market context.
This 1968 duplex has an upper unit and a lower unit, each with bedrooms, a bathroom, and a kitchen area. The property also includes a rear porch, a two-car garage, and a driveway. Utilities are separated between the units.
Located in the Payne-Phalen neighborhood of Saint Paul, the property is near shopping, dining, schools, parks, and major transportation routes.
Located in the Payne-Phalen neighborhood of Saint Paul, the property is near shopping, dining, schools, parks, and major transportation routes.
Key Highlights
- Two‑unit up‑and‑down configuration
- Separate utilities for the units
- Two‑car garage and driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,380
Cap Rate
7.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$547,600
$547.6K
Cap Rate 7%
$391,143
$391.1K
Cap Rate 9%
$304,222
$304.2K
Market Conditions
NOI Build-Up for 1,874 SF
Gross rent
$41.6K $22.20/SF
− Vacancy
−$2.5K −$1.33/SF
EGI
$39.1K $20.87/SF
− OpEx
−$11.7K −$6.26/SF
NOI
$27.4K $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%
$547,600
Cap Rate 7%
$391,143
Cap Rate 9%
$304,222
Alternative Uses
Best Use
Multifamily LT 5
$391.1K
$342.3K – $456.3K
NOI $27,380 @ 7.0% cap · market cap 7.40%
Second Best
Apartment 5plus
$359.3K
$314.4K – $419.2K
NOI $25,149 @ 7.0% cap · market cap 6.80%
Theoretical Best
Office A
$447.1K
$391.2K – $521.6K
NOI $31,297 @ 7.0% cap · market cap 8.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
254
Businesses Nearby
Explore this area
Business Placement
Demographics for 55130, MN
18,581
Population
6,368
Households
2.9
Avg Household Size
28
Median Age
21%
College-Educated
73%
High-School Grad
2.0 sq mi
ZIP Area
9,291
Density / Sq Mi
$53,281
Median Household Income
$36,740
Median Earnings
$1,151
Median Rent
$220,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate utilities serve the two residential units, with garage parking and a driveway on site.
Where is this duplex located?
The property is located at 1561 Arkwright Street Saint Paul, MN.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Two‑unit up‑and‑down configuration; Separate utilities for the units; Two‑car garage and driveway
