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    Updated 1920s Duplex Title is generated by Realmo AI

    1791 Randolph Avenue, Saint Paul, MN 55105

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    Pending
    $470,000

    MULTI_FAMILY - Saint Paul, MN

    Property size:
    1,824 SF
    Lot size:
    0.11 Acres
    Added:
    Apr 30, 2026
    Days on Market:
    63
    Last Refresh:
    Jul 1 at 3:06 am

    Property Features for 1791 Randolph Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Basement, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 1
    Parking features
    Garage - Detached
    Exterior features
    Stucco
    Standard status
    Pending
    APN
    092823130161
    Size
    1,824 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    7792

    Utilities

    Heating system
    Hot Water(Heating)

    Building Details

    Year built
    1926
    Roof type
    Shingle

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    Contact an agent
    Tim Devane

    Listing agent Tim Devane

    Listing office Real Broker, LLC 2355 Hwy. 36 W Suite 439, St. Paul, MN

    Listing date Apr 30, 2026

    MLS# 7063898 Listing URL

    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.

    HighLights

    • 1926 duplex with classic charm, stucco exterior, and a shingle roof
    • Hot water heating plus a ductless mini split added in updates since 2022
    • Updates since 2022 include a new boiler and new appliances
    • Hardwood floors have been fully refinished; fresh paint and updated bathrooms
    • Detached garage parking
    • One unit is currently operating as an Airbnb; both units are fully furnished, with sellers open to leaving furnishings or delivering vacant

    Overview

    This well maintained 1920s duplex offers classic interior character with modern updates across both units. Hardwood floors have been fully refinished, bathrooms have been updated, and the home features fresh paint throughout. Since 2022, improvements include a ductless mini split, a new boiler, and new appliances. The property includes two units that are fully furnished, and the seller is open to leaving the furnishings or delivering the property vacant, supporting either an owner-occupant plan or an investment approach. One unit is currently operating as an Airbnb.

    Located in Saint Paul, the property is described as being just minutes from Grand Avenue and Highland Park, and near the West River Parkway and scenic walking and biking paths along the river. The address is 1791 Randolph Avenue, Saint Paul, MN 55105, in Ramsey County.

    For tenants, buyers, or operators, the combination of updated finishes and recent system upgrades can reduce near-term capital planning. The furnished, operational Airbnb setup may appeal to investors seeking flexibility between short-term and traditional occupancy, while owner-occupants can potentially offset their mortgage with the income-producing unit already configured for rental use. With a total size of 1,824 square feet on a 0.11-acre lot, the duplex layout provides a practical structure for dual-unit living and income generation.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $40.5k $22.20
    − Vacancy −$2.4k −$1.33
    EGI $38.1k $20.87
    − OpEx −$11.4k −$6.26
    NOI $26.6k $14.61
    1,824 SF · lease $22.20/SF/yr · vacancy 5.98% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $380.7K
    $333.1K – $444.2K (±1% cap)
    NOI $26,650 @ 7.0% cap · market cap 5.67%
    Second Best
    Apartment 5plus
    $349.7K
    $306.0K – $408.0K (±1% cap)
    NOI $24,478 @ 7.0% cap · market cap 5.21%
    Theoretical Best
    Healthcare Medical
    $448.9K
    $392.8K – $523.7K (±1% cap)
    NOI $31,420 @ 7.0% cap · market cap 6.69%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saint Paul
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.1759251
    Latitude
    44.927296

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex with refinished hardwoods, updated baths, and modern systems, currently set up for short-term rental income.
    Where is this duplex located?
    The property is located at 1791 Randolph Avenue Saint Paul, MN.
    What is the asking price?
    The asking price for this property is $470,000.
    What are key features of this property?
    This property features: 1926 duplex with classic charm, stucco exterior, and a shingle roof; Hot water heating plus a ductless mini split added in updates since 2022; Updates since 2022 include a new boiler and new appliances
    More about this property
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