701 Desoto Street, Saint Paul, MN 55130
- Added:
- Mar 30, 2026
- Days on Market:
- 99
- Last Refresh:
- Jul 6 at 10:06 am
Property Features for 701 Desoto Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Basement, Bedroom 6, Bedroom 1
- Exterior features
- Cement Board
- Fencing
- Chain Link
- Standard status
- Pending
- APN
- 322922220025
- Size
- 1,519 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 4982
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1887
Listing agent Ashley Trulson (763) 657-4444
Listing office Keller Williams Classic Rlty NW 10402 73rd Ave N, Maple Grove, MN (763) 463-7500
Listing date Mar 30, 2026
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.
HighLights
- Duplex with one side vacant and the other side rented on a month‑to‑month lease
- Year built 1887
- Forced‑air heating
- Exterior features include cement board siding
- Chain‑link fencing
Overview
The property is located at 701 Desoto Street in Saint Paul, Minnesota, in Ramsey County (55130). The total lot size is listed at 0.05 acres, and the property size is shown as 1,519 square feet.
For buyers seeking a small multifamily setup, the current vacancy on one side can support an owner-occupant scenario or provide a straightforward path to re-tenanting. At the same time, the existing month-to-month tenant on the other side may help reduce downtime risk versus a fully vacant duplex. As with any residential income property, interested parties should review lease terms and unit conditions directly as part of their due diligence.
Local 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 | $33.7k | $22.20 |
| − Vacancy | −$2.0k | −$1.33 |
| EGI | $31.7k | $20.87 |
| − OpEx | −$9.5k | −$6.26 |
| NOI | $22.2k | $14.61 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Saint Paul
- County
- Dakota
- State
- Minnesota
- Longitude
- -93.0812789
- Latitude
- 44.9623656
