Duplex Residential Income
New
For Sale
$364,900
393 Geranium Avenue E, Saint Paul, MN 55130
MULTI_FAMILY - Saint Paul, MN
Property Size2,112 SF
Lot Size0.20 Acres
Price / SF$172.77
Days on Market5
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 5, Bathroom 2, Bedroom 4, Bedroom 3, Basement, Bedroom 2, Bedroom 1, Bathroom 1
Parking features
Garage - Detached, Driveway
Exterior features
Aluminum Siding, Stucco
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
(612) 821-7400
Listed By:
Lasha S Raddatz · License #20319973
(612) 821-7400
Added: Jul 27
Changed: Jul 30
Last Checked: Jul 31 at 5:06PM
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.
Investment Insights
Based on property information with market context.
This for-sale duplex residential income property includes a total property size of 2,112 square feet and sits on a 0.2037-acre lot. It is offered as part of the rental housing asset class listed under duplexes and residential income properties.
The property is located at 393 Geranium Avenue E in Saint Paul, Minnesota 55130, in Ramsey County.
Interested buyers can review the duplex layout and size details during due diligence to confirm unit configuration and operating considerations for a residential income purchase.
The property is located at 393 Geranium Avenue E in Saint Paul, Minnesota 55130, in Ramsey County.
Interested buyers can review the duplex layout and size details during due diligence to confirm unit configuration and operating considerations for a residential income purchase.
Key Highlights
- Year built: 1917
- Exterior features include aluminum siding and stucco
- Construction materials: block and concrete
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 | $46.9k | $22.20 |
| − Vacancy | −$2.8k | −$1.33 |
| EGI | $44.1k | $20.87 |
| − OpEx | −$13.2k | −$6.26 |
| NOI | $30.9k | $14.61 |
2,112 SF · lease $22.20/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$440.8K
$385.7K – $514.3K
NOI $30,858 @ 7.0% cap · market cap 8.46%
Second Best
Apartment 5plus
$404.9K
$354.3K – $472.4K
NOI $28,342 @ 7.0% cap · market cap 7.77%
Theoretical Best
Healthcare Medical
$519.7K
$454.8K – $606.4K
NOI $36,381 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
258
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex residential income property for sale on a 0.2037-acre lot in Saint Paul, MN.
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 $364,900.
What are key features of this property?
This property features: Year built: 1917; Exterior features include aluminum siding and stucco; Construction materials: block and concrete
