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Duplex with Attached Garage

2506 7th Avenue E, North Saint Paul, MN 55109

For Sale
$525,000

A full walk-out level and natural gas forced-air heating serve the property.

Property Size4,800 SF
Price / SF$145.83
Days on Market192

Property Features for 2506 7th Avenue E

General Information

Standard status Active
Size 4,800 SF
Property subtype Residential Income
Zoning Business/Commercial
Net Operating Income $24,528

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $8,942

Amenities

Natural Gas, Forced Air
Walk-Out Access, Full
Asphalt, Shared Driveway, Garage Door Opener, Attached, Driveway

Building Details

Building Size 4,800 SF
Year Built 1887
Listing Agency: eXp Realty
Listed By: The Snyder Team
Source: Evrealestate
Added: May 2 Changed: Nov 7 Last Checked: Nov 8 at 6:36AM

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 eXp Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This duplex at 2506 7th Avenue E in North Saint Paul contains 3,600 square feet and dates to 1887. Interior features include a full walk-out level, with natural gas forced-air heating. An attached garage and asphalt shared driveway provide vehicle access. The property is in Ramsey County.

Key Highlights

  • 3,600‑square‑foot duplex
  • Built in 1887
  • Full walk‑out level

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,311
Cap Rate
9.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$966,220 $966.2K
Cap Rate 7%
$690,157 $690.2K
Cap Rate 9%
$536,789 $536.8K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$93.7K $26.04/SF
− Vacancy
−$5.9K −$1.64/SF
EGI
$87.8K $24.40/SF
− OpEx
−$39.5K −$10.98/SF
NOI
$48.3K $13.42/SF
Area
Ramsey County, MN
Vacancy
6.30%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$966,220
Cap Rate 7%
$690,157
Cap Rate 9%
$536,789

Alternative Uses

Best Use
Multifamily LT 5
$751.4K
$657.5K – $876.7K (±1% cap)
NOI $52,599 @ 7.0% cap · market cap 10.02%
Second Best
Apartment 5plus
$690.2K
$603.9K – $805.2K (±1% cap)
NOI $48,311 @ 7.0% cap · market cap 9.20%
Theoretical Best
Office A
$858.9K
$751.5K – $1.00M (±1% cap)
NOI $60,122 @ 7.0% cap · market cap 11.45%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

729
Businesses Nearby

Demographics for 55109, MN

35,381
Population
13,376
Households
2.6
Avg Household Size
38
Median Age
31%
College-Educated
91%
High-School Grad
11.7 sq mi
ZIP Area
3,024
Density / Sq Mi
$81,759
Median Household Income
$44,609
Median Earnings
$1,316
Median Rent
$291,200
Median Home Value

Market

Average Price Trend$/SF for Duplexes in Ramsey County, MN

$155 Jul
$154 Aug
$152 Sep
$152 Oct

Properties on Market for Duplexes in Ramsey County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - A full walk-out level and natural gas forced-air heating serve the property.
Where is this duplex located?
The property is located at 2506 7th Avenue E North Saint Paul, MN.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 3,600‑square‑foot duplex; Built in 1887; Full walk‑out level
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