Renovated Triplex with Detached
New
For Sale
$1,249,000
203 Chatsworth Street S, Saint Paul, MN 55105
Residential Income, Saint Paul, MN
Property Size4,423 SF
Lot Size0.21 Acres
Price / SF$282.39
Days on Market2
Property Features for 203 Chatsworth Street S
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 6, Bedroom 1, Bathroom 4, Bedroom 7, Bedroom 5, Bathroom 2, Basement, Laundry Room, Bedroom 8, Bathroom 3, Bedroom 2
Parking features
Garage - Detached, Open, Driveway
Patio and Porch features
Patio, Porch
Subdivision
Bryants Park Add
Lot features
Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Medium
High school district
St. Paul
Directions
Saint Clair Avenue to Chatsworth...North to property
Standard status
Active
APN
022823330180
Size
4,423 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
10777
Utilities
Heating system
Baseboard, Oil
Amenities
detached two-car garage
fenced yard
patio
storage shed
Building Details
Year built
1909
Building materials
Frame, Stone
Listing Agency:
RE/MAX Results · RE/MAX International
(651) 552-3600
Listed By:
Christopher J Ames
(952) 829-2900
Added: Oct 21
Changed: Oct 22
Last Checked: Oct 22 at 4:06AM
MLS# 7162823
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 1909 triplex has 4,423 square feet, with eight bedrooms and four bathrooms. Interior updates include refinished hardwood floors, additional new flooring, fresh paint, white kitchens with granite countertops and stainless-steel appliances, and renovated bathrooms. The property also has updated mechanical systems and separate utilities for each unit.
Outside, the 0.211-acre parcel features a fenced yard, patio, porch, storage shed, and a detached two-car garage, along with driveway and open parking. The property is at 203 Chatsworth Street S in Saint Paul’s Crocus Hill neighborhood, near the shops and restaurants along Grand Avenue.
Outside, the 0.211-acre parcel features a fenced yard, patio, porch, storage shed, and a detached two-car garage, along with driveway and open parking. The property is at 203 Chatsworth Street S in Saint Paul’s Crocus Hill neighborhood, near the shops and restaurants along Grand Avenue.
Key Highlights
- Triplex with 4,423 square feet, eight bedrooms, and four bathrooms
- 0.211‑acre parcel in Crocus Hill, near Grand Avenue shops and restaurants
- Separate utilities and updated mechanical systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,623
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,292,460
$1.3M
Cap Rate 7%
$923,186
$923.2K
Cap Rate 9%
$718,033
$718.0K
Market Conditions
NOI Build-Up for 4,423 SF
Gross rent
$98.2K $22.20/SF
− Vacancy
−$5.9K −$1.33/SF
EGI
$92.3K $20.87/SF
− OpEx
−$27.7K −$6.26/SF
NOI
$64.6K $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%
$1,292,460
Cap Rate 7%
$923,186
Cap Rate 9%
$718,033
Alternative Uses
Best Use
Multifamily LT 5
$923.2K
$807.8K – $1.08M
NOI $64,623 @ 7.0% cap · market cap 5.17%
Second Best
Apartment 5plus
$847.9K
$741.9K – $989.3K
NOI $59,355 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$1.06M
$923.3K – $1.23M
NOI $73,867 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,173
Businesses Nearby
Explore this area
Business Placement
Demographics for 55105, MN
28,812
Population
12,045
Households
2.4
Avg Household Size
33
Median Age
78%
College-Educated
99%
High-School Grad
3.5 sq mi
ZIP Area
8,232
Density / Sq Mi
$108,200
Median Household Income
$51,131
Median Earnings
$1,240
Median Rent
$453,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - The 4,423-square-foot property includes a fenced yard, patio, storage shed, and additional off-street parking.
Where is this triplex located?
The property is located at 203 Chatsworth Street S Saint Paul, MN.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: Triplex with 4,423 square feet, eight bedrooms, and four bathrooms; 0.211‑acre parcel in Crocus Hill, near Grand Avenue shops and restaurants; Separate utilities and updated mechanical systems
