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Updated Duplex with Remodeled Lower Level
For Sale
$375,000

551 Pascal St N, Saint Paul, MN 55104

Two residential units include updated kitchens, refreshed baths, and flexible lower-level living space.

Property Size1,952 SF
Price / SF$192.11
Days on Market68

Property Features for 551 Pascal St N

General Information

Standard status Active
Size 1,952 SF
Property subtype Multi-Family

Amenities

deck
patio
landscaped yard
garage
central air
heated floors

Building Details

Year Built 1941
Year Renovated 2026
Buildings 1
Tenancy Multi
Listing Agency: BRIX Real Estate
Listed By: Sarah A Deziel
Source: Searchhousesnow
Added: Jul 30 Changed: Sep 21 Last Checked: Oct 4 at 3:30PM

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 BRIX Real Estate

Investment Insights

Based on property information with market context.

This updated duplex offers 1,952 square feet across two well-appointed units. The upper unit includes one bedroom, abundant natural light, an updated kitchen, refreshed bath, and comfortable living areas. The lower unit features an updated kitchen with newer appliances, refreshed finishes, and access to a remodeled lower level with heated floors, family room, dedicated office, updated 3/4 bath, laundry, and generous storage.

Major improvements include a brand-new roof and water heater in 2026, updated venting, central air, remodeled kitchens and baths, fresh interior paint, new trim and blinds, and extensive exterior updates. Outdoor features include a deck, patio, landscaped yard, freshly painted garage, fencing, and exterior stairs. The property is on a sunny corner lot with southern exposure and is minutes from restaurants, shopping, transit, and downtown St. Paul.

Key Highlights

  • 1,952‑square‑foot duplex with two residential units
  • Lower level remodeled with heated floors, family room, office, 3/4 bath, laundry, and storage
  • Upper unit includes one bedroom, updated kitchen, and refreshed bath

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,520
Cap Rate
7.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$570,400 $570.4K
Cap Rate 7%
$407,429 $407.4K
Cap Rate 9%
$316,889 $316.9K
Market Conditions
NOI Build-Up for 1,952 SF
Gross rent
$43.3K $22.20/SF
− Vacancy
−$2.6K −$1.33/SF
EGI
$40.7K $20.87/SF
− OpEx
−$12.2K −$6.26/SF
NOI
$28.5K $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%
$570,400
Cap Rate 7%
$407,429
Cap Rate 9%
$316,889

Alternative Uses

Best Use
Multifamily LT 5
$407.4K
$356.5K – $475.3K (±1% cap)
NOI $28,520 @ 7.0% cap · market cap 7.61%
Second Best
Apartment 5plus
$374.2K
$327.4K – $436.6K (±1% cap)
NOI $26,195 @ 7.0% cap · market cap 6.99%
Theoretical Best
Office A
$465.7K
$407.5K – $543.3K (±1% cap)
NOI $32,599 @ 7.0% cap · market cap 8.69%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store Butcher Pet Store Pet Store & Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,727
Businesses Nearby

Demographics for 55104, MN

45,612
Population
20,358
Households
2.2
Avg Household Size
33
Median Age
52%
College-Educated
93%
High-School Grad
6.0 sq mi
ZIP Area
7,602
Density / Sq Mi
$75,038
Median Household Income
$42,770
Median Earnings
$1,159
Median Rent
$290,900
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units include updated kitchens, refreshed baths, and flexible lower-level living space.
Where is this duplex located?
The property is located at 551 Pascal St N Saint Paul, MN.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,952‑square‑foot duplex with two residential units; Lower level remodeled with heated floors, family room, office, 3/4 bath, laundry, and storage; Upper unit includes one bedroom, updated kitchen, and refreshed bath
More about this property
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