Two-Unit
For Sale
$449,900
757 Laurel Avenue, Saint Paul, MN 55104
Separate residences occupy the main floor and upper levels, with a larger bedroom count in the upper unit.
Property Size3,071 SF
Price / SF$146.50
Days on Market130
Property Features for 757 Laurel Avenue
General Information
Standard status
Active
Size
3,071 SF
Property subtype
Multi-family
Lease Term
[]
Units
Unit Mix
1 x 2BR/1BA, 1 x 4BR/2BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Building Details
Year Built
1900
Listing Agency:
RE/MAX Results
Listed By:
Kerby & Cristina Real Estate Experts
(612) 405-3009
Source:
C21atwood
Added: Jun 12
Changed: Oct 15
Last Checked: Oct 16 at 9:01AM
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 RE/MAX Results
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Investment Insights
Based on property information with market context.
This 3,071-square-foot duplex, built in 1900, has two units with distinct layouts. The main-floor residence offers 2 bedrooms and 1 bathroom; the upper-level unit spans multiple floors and includes 4 bedrooms and 2 bathrooms.
At 757 Laurel Avenue in Saint Paul, the property is near downtown, parks, shopping, dining, public transit, and major commuter routes.
At 757 Laurel Avenue in Saint Paul, the property is near downtown, parks, shopping, dining, public transit, and major commuter routes.
Key Highlights
- 3,071‑square‑foot duplex built in 1900
- Main‑floor unit has 2 bedrooms and 1 bathroom
- Upper‑level unit has 4 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,212
Cap Rate
9.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$824,240
$824.2K
Cap Rate 7%
$588,743
$588.7K
Cap Rate 9%
$457,911
$457.9K
Market Conditions
NOI Build-Up for 3,071 SF
Gross rent
$80.0K $26.04/SF
− Vacancy
−$5.0K −$1.64/SF
EGI
$74.9K $24.40/SF
− OpEx
−$33.7K −$10.98/SF
NOI
$41.2K $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%
$824,240
Cap Rate 7%
$588,743
Cap Rate 9%
$457,911
Alternative Uses
Best Use
Multifamily LT 5
$641.0K
$560.9K – $747.8K
NOI $44,869 @ 7.0% cap · market cap 9.97%
Second Best
Apartment 5plus
$588.7K
$515.2K – $686.9K
NOI $41,212 @ 7.0% cap · market cap 9.16%
Theoretical Best
Office A
$732.7K
$641.1K – $854.8K
NOI $51,287 @ 7.0% cap · market cap 11.40%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,243
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Separate residences occupy the main floor and upper levels, with a larger bedroom count in the upper unit.
Where is this duplex located?
The property is located at 757 Laurel Avenue Saint Paul, MN.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 3,071‑square‑foot duplex built in 1900; Main‑floor unit has 2 bedrooms and 1 bathroom; Upper‑level unit has 4 bedrooms and 2 bathrooms
