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Updated Duplex with Detached Garage
For Sale
$309,900

393 Geranium Avenue E, Saint Paul, MN 55130

Residential Income, Saint Paul, MN

Property Size2,112 SF
Lot Size0.20 Acres
Price / SF$146.73
Days on Market96

Property Features for 393 Geranium Avenue E

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential-Multi-Family
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Basement, Bedroom 5, Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2
Parking features Driveway, Garage - Detached
Subdivision John Mongans Stewart Park Add
Lot features Corner Lot
High school district St. Paul
Directions 35E to Maryland Ave exit, go east turn right on Edgerton street, turn right on to geranium st.
Standard status Active
APN 292922220046
Size 2,112 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2026

Utilities

Heating system Forced Air

Building Details

Year built 1917
Building materials Block, Concrete
Roof type Shingle
Listing Agency: Keller Williams Realty Integrity Lakes
Listed By: Lasha S Raddatz · License #20319973
Added: Jul 27 Changed: Oct 27 Last Checked: Oct 30 at 10:06AM
MLS# 7115844

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 duplex in Saint Paul provides 2,112 square feet of finished space across a five-bedroom, two-bathroom layout. The property includes refreshed kitchens, bathrooms, and living areas, along with additional finished space in the lower level. A detached garage and driveway serve the property, which sits on a 0.2037-acre corner lot. Built in 1917, the structure features block and concrete construction, forced-air heat, and a shingle roof.

The property is located at 393 Geranium Avenue E in Saint Paul, with access to downtown, major roadways, shopping, restaurants, and neighborhood amenities. It was previously used for short-term rental income, and rental uses and requirements should be independently verified. The duplex configuration supports either an owner-occupant arrangement or continued rental use, subject to applicable requirements.

Key Highlights

  • Duplex with 5 bedrooms and 2 bathrooms
  • 2,112 square feet of finished space
  • 0.2037‑acre corner lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,342
Cap Rate
9.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$566,840 $566.8K
Cap Rate 7%
$404,886 $404.9K
Cap Rate 9%
$314,911 $314.9K
Market Conditions
NOI Build-Up for 2,112 SF
Gross rent
$55.0K $26.04/SF
− Vacancy
−$3.5K −$1.64/SF
EGI
$51.5K $24.40/SF
− OpEx
−$23.2K −$10.98/SF
NOI
$28.3K $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%
$566,840
Cap Rate 7%
$404,886
Cap Rate 9%
$314,911

Alternative Uses

Best Use
Multifamily LT 5
$440.8K
$385.7K – $514.3K (±1% cap)
NOI $30,858 @ 7.0% cap · market cap 9.96%
Second Best
Apartment 5plus
$404.9K
$354.3K – $472.4K (±1% cap)
NOI $28,342 @ 7.0% cap · market cap 9.15%
Theoretical Best
Office A
$503.9K
$440.9K – $587.9K (±1% cap)
NOI $35,272 @ 7.0% cap · market cap 11.38%
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

Location Intelligence

Trade Area within ½ mile

565
Businesses Nearby

Demographics for 55130, MN

18,581
Population
6,368
Households
2.9
Avg Household Size
28
Median Age
21%
College-Educated
73%
High-School Grad
2.0 sq mi
ZIP Area
9,291
Density / Sq Mi
$53,281
Median Household Income
$36,740
Median Earnings
$1,151
Median Rent
$220,300
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

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

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with refreshed interiors, finished lower-level space, and flexible owner-occupant or rental use.
Where is this duplex located?
The property is located at 393 Geranium Avenue E Saint Paul, MN.
What is the asking price?
The asking price for this property is $309,900.
What are key features of this property?
This property features: Duplex with 5 bedrooms and 2 bathrooms; 2,112 square feet of finished space; 0.2037‑acre corner lot
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