Duplex with Finished
1724 Malvern Street, Lauderdale, MN 55113
For Sale
$299,900
Residential Income, Lauderdale, MN
Property Size1,657 SF
Lot Size0.12 Acres
Price / SF$180.99
Days on Market58
Property Features for 1724 Malvern Street
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Subdivision
Lot features
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Building Details
Year built
Building materials
Roof type
Buildings
Listing Agency:
Keller Williams Realty Integrity Lakes
Listed By:
Paul A Olson
(612) 821-7400
Added: Sep 13
Changed: Nov 2
Last Checked: Nov 9 at 9:06AM
MLS# 7143583
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,657-square-foot up-and-down duplex has three finished levels, with a larger main-floor unit and a two-bedroom upper unit. The basement includes a family room; a third bedroom may be added there with an egress window. The property also has a detached garage and patio. Built in 1926, the building has forced-air heating and block and frame construction.
The 0.118-acre property is in Lauderdale, with access to I-94 and Hwy 280. St. Anthony Park shops and cafes are within walking or biking distance.
The 0.118-acre property is in Lauderdale, with access to I-94 and Hwy 280. St. Anthony Park shops and cafes are within walking or biking distance.
Key Highlights
- 1,657‑square‑foot duplex with separate main‑floor and upper‑level units
- Upper unit includes two bedrooms
- Finished basement family room; third bedroom could be added with an egress window
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,210
Cap Rate
8.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$484,200
$484.2K
Cap Rate 7%
$345,857
$345.9K
Cap Rate 9%
$269,000
$269.0K
Market Conditions
NOI Build-Up for 1,657 SF
Gross rent
$36.8K $22.20/SF
− Vacancy
−$2.2K −$1.33/SF
EGI
$34.6K $20.87/SF
− OpEx
−$10.4K −$6.26/SF
NOI
$24.2K $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%
$484,200
Cap Rate 7%
$345,857
Cap Rate 9%
$269,000
Alternative Uses
Best Use
Multifamily LT 5
$345.9K
$302.6K – $403.5K
NOI $24,210 @ 7.0% cap · market cap 8.07%
Second Best
Apartment 5plus
$317.7K
$278.0K – $370.6K
NOI $22,236 @ 7.0% cap · market cap 7.41%
Theoretical Best
Office A
$395.3K
$345.9K – $461.2K
NOI $27,673 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
603
Businesses Nearby
Explore this area
Business Placement
Demographics for 55113, MN
41,699
Population
19,075
Households
2.2
Avg Household Size
40
Median Age
55%
College-Educated
95%
High-School Grad
14.8 sq mi
ZIP Area
2,818
Density / Sq Mi
$86,830
Median Household Income
$49,820
Median Earnings
$1,353
Median Rent
$331,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Ramsey County, MN
Properties on Market for Duplexes in Ramsey County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Three finished levels provide separate living areas, including a basement family room.
Where is this duplex located?
The property is located at 1724 Malvern Street Lauderdale, 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: 1,657‑square‑foot duplex with separate main‑floor and upper‑level units; Upper unit includes two bedrooms; Finished basement family room; third bedroom could be added with an egress window
