Duplex with Stucco
For Sale
$300,000
441 View Street, Saint Paul, MN 55102
MULTI_FAMILY - Saint Paul, MN
Property Size1,120 SF
Lot Size0.07 Acres
Price / SF$267.86
Days on Market86
Property Features for 441 View Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential-Multi-Family
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
Parking features
Assigned, On Street
Exterior features
Stucco
Subdivision
Rogers & Colemans Sub B22 Sti
Lot features
Tree Coverage - Light
High school district
St. Paul
Directions
Take 35E to the Randolph Avenue exit, head east on Randolph Avenue. Turn north onto View Street, and the property will be located on your left just pass Armstrong Avenue, across from the Palace Community Center.
Standard status
Active
APN
112823130079
Size
1,120 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3870
Utilities
Heating system
Forced Air
Building Details
Year built
1900
Roof type
Shingle
Listing Agency:
Keller Williams Preferred Rlty · Keller Williams Realty
(952) 746-9696
Listed By:
The Huerkamp Home Group
(952) 746-9696
Added: May 26
Changed: Aug 18
Last Checked: Aug 19 at 7:06PM
MLS# 7054176
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 1900 duplex on 441 View Street in Saint Paul offers two income-generating units on a flat, fully fenced lot. The exterior is stucco, with forced-air heating and a shingle roof. The property also includes on-street assigned parking.
Recent updates include brand-new Renewal by Anderson windows (2024-2025) and updated appliances in both units (2021-2022). The downstairs unit includes central A/C installed in 2022 and a partially remodeled bathroom completed in 2023 with a soaking tub.
Set in a quiet, tight-knit community, the duplex is directly across from a park and is described as walkable to dining, shopping, schools, and highways. With the two-unit layout, the property may work well for either an owner-occupant or a buyer seeking income from both units.
Recent updates include brand-new Renewal by Anderson windows (2024-2025) and updated appliances in both units (2021-2022). The downstairs unit includes central A/C installed in 2022 and a partially remodeled bathroom completed in 2023 with a soaking tub.
Set in a quiet, tight-knit community, the duplex is directly across from a park and is described as walkable to dining, shopping, schools, and highways. With the two-unit layout, the property may work well for either an owner-occupant or a buyer seeking income from both units.
Key Highlights
- Duplex at 441 View Street, Saint Paul, MN 55102
- Two income‑generating units on a flat, fully fenced lot (0.072 acres)
- Stucco exterior with forced‑air heating and shingle roof
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,364
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$327,280
$327.3K
Cap Rate 7%
$233,771
$233.8K
Cap Rate 9%
$181,822
$181.8K
Market Conditions
NOI Build-Up for 1,120 SF
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.
Gross rent
$24.9K $22.20/SF
− Vacancy
−$1.5K −$1.33/SF
EGI
$23.4K $20.87/SF
− OpEx
−$7.0K −$6.26/SF
NOI
$16.4K $14.61/SF
Area
Dakota 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$327,280
Cap Rate 7%
$233,771
Cap Rate 9%
$181,822
Alternative Uses
Best Use
Multifamily LT 5
$233.8K
$204.6K – $272.7K
NOI $16,364 @ 7.0% cap · market cap 5.45%
Second Best
Apartment 5plus
$214.7K
$187.9K – $250.5K
NOI $15,030 @ 7.0% cap · market cap 5.01%
Theoretical Best
Healthcare Medical
$275.6K
$241.2K – $321.6K
NOI $19,293 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
773
Businesses Nearby
Explore this area
Business Placement
Demographics for 55102, MN
20,355
Population
11,582
Households
1.8
Avg Household Size
39
Median Age
55%
College-Educated
96%
High-School Grad
3.3 sq mi
ZIP Area
6,168
Density / Sq Mi
$74,143
Median Household Income
$54,042
Median Earnings
$1,295
Median Rent
$280,400
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 - 1900 stucco duplex with two income units on a flat, fully fenced lot.
Where is this duplex located?
The property is located at 441 View Street Saint Paul, MN.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Duplex at 441 View Street, Saint Paul, MN 55102; Two income‑generating units on a flat, fully fenced lot (0.072 acres); Stucco exterior with forced‑air heating and shingle roof
