Duplex with In-Unit
New
For Sale
$320,000
362 Maria Ave, Saint Paul, MN 55106
Both residences include updated kitchens, newer furnaces, and replacement windows.
Property Size1,904 SF
Price / SF$168.07
Days on Market3
Property Features for 362 Maria Ave
General Information
Standard status
Active
Size
1,904 SF
Property subtype
Multi-Family
Additional Details
Public Transit
Yes
Multifamily Units
2
Amenities
in-unit laundry
backyard
Building Details
Year Built
1884
Listing Agency:
RE/MAX Results
Listed By:
Jonathan Soto
(651) 592-4303
Source:
Bethanynelsongroup
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 7 at 2:24PM
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 RE/MAX Results
Investment Insights
Based on property information with market context.
This two-unit duplex contains 1,904 square feet and was built in 1884. Each unit has an updated kitchen, a living area, and in-unit laundry. Newer furnaces and windows are among the property’s improvements.
A long driveway provides off-street parking, and the property also has a backyard. Shopping, restaurants, and transit are nearby in Saint Paul.
A long driveway provides off-street parking, and the property also has a backyard. Shopping, restaurants, and transit are nearby in Saint Paul.
Key Highlights
- Two‑unit duplex with 1,904 square feet
- Built in 1884
- Both units have updated kitchens and in‑unit laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,819
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$556,380
$556.4K
Cap Rate 7%
$397,414
$397.4K
Cap Rate 9%
$309,100
$309.1K
Market Conditions
NOI Build-Up for 1,904 SF
Gross rent
$42.3K $22.20/SF
− Vacancy
−$2.5K −$1.33/SF
EGI
$39.7K $20.87/SF
− OpEx
−$11.9K −$6.26/SF
NOI
$27.8K $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%
$556,380
Cap Rate 7%
$397,414
Cap Rate 9%
$309,100
Alternative Uses
Best Use
Multifamily LT 5
$397.4K
$347.7K – $463.7K
NOI $27,819 @ 7.0% cap · market cap 8.69%
Second Best
Apartment 5plus
$365.0K
$319.4K – $425.9K
NOI $25,551 @ 7.0% cap · market cap 7.98%
Theoretical Best
Office A
$454.3K
$397.5K – $530.0K
NOI $31,798 @ 7.0% cap · market cap 9.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
706
Businesses Nearby
Explore this area
Business Placement
Demographics for 55106, MN
60,327
Population
19,974
Households
3
Avg Household Size
30
Median Age
23%
College-Educated
82%
High-School Grad
9.4 sq mi
ZIP Area
6,418
Density / Sq Mi
$68,601
Median Household Income
$39,834
Median Earnings
$1,230
Median Rent
$233,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include updated kitchens, newer furnaces, and replacement windows.
Where is this duplex located?
The property is located at 362 Maria Ave Saint Paul, MN.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,904 square feet; Built in 1884; Both units have updated kitchens and in‑unit laundry
