Side-by-Side
1607 Van Buren Avenue, Saint Paul, MN 55104
For Sale
$549,500
Residential Income, Saint Paul, MN
Property Size3,392 SF
Lot Size0.14 Acres
Price / SF$161
Days on Market50
Property Features for 1607 Van Buren Avenue
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Subdivision
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Amenities
private entrances
abundant storage
off-street parking
private outdoor space
Building Details
Year built
Listing Agency:
eXp Realty
(320) 500-4397
Listed By:
Gregory Mark Ebacher
(612) 751-9303
Added: Sep 21
Changed: Nov 6
Last Checked: Nov 9 at 7:06AM
MLS# 7148007
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 side-by-side duplex contains two multi-level units, each with a private entrance, generous living areas, and storage. The property has 8 bedrooms and 4 bathrooms, with a porch, deck, and detached garage. One unit is described as becoming vacant, offering a choice between occupying it or leasing it. Recent improvements include new appliances and other updates.
The property sits on a 0.142-acre lot in Saint Paul. Nearby destinations include Allianz Field, Green Line light rail, universities, shops, and restaurants, with access to downtown Minneapolis and downtown St. Paul. The property was built in 1909.
The property sits on a 0.142-acre lot in Saint Paul. Nearby destinations include Allianz Field, Green Line light rail, universities, shops, and restaurants, with access to downtown Minneapolis and downtown St. Paul. The property was built in 1909.
Key Highlights
- Side‑by‑side duplex with two multi‑level units and private entrances
- 8 bedrooms and 4 bathrooms
- 0.142‑acre lot with a porch and deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,560
Cap Rate
9.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$991,200
$991.2K
Cap Rate 7%
$708,000
$708.0K
Cap Rate 9%
$550,667
$550.7K
Market Conditions
NOI Build-Up for 3,392 SF
Gross rent
$75.3K $22.20/SF
− Vacancy
−$4.5K −$1.33/SF
EGI
$70.8K $20.87/SF
− OpEx
−$21.2K −$6.26/SF
NOI
$49.6K $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%
$991,200
Cap Rate 7%
$708,000
Cap Rate 9%
$550,667
Alternative Uses
Best Use
Multifamily LT 5
$708.0K
$619.5K – $826.0K
NOI $49,560 @ 7.0% cap · market cap 9.02%
Second Best
Apartment 5plus
$650.3K
$569.0K – $758.7K
NOI $45,520 @ 7.0% cap · market cap 8.28%
Theoretical Best
Office A
$809.3K
$708.1K – $944.1K
NOI $56,648 @ 7.0% cap · market cap 10.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,643
Businesses Nearby
Explore this area
Business Placement
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
$290,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Saint Paul, MN
Properties on Market for Duplexes in Saint Paul
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two multi-level residences offer private entrances, outdoor space, and off-street parking.
Where is this duplex located?
The property is located at 1607 Van Buren Avenue Saint Paul, MN.
What is the asking price?
The asking price for this property is $549,500.
What are key features of this property?
This property features: Side‑by‑side duplex with two multi‑level units and private entrances; 8 bedrooms and 4 bathrooms; 0.142‑acre lot with a porch and deck
