Updated Duplex with In-Unit
For Sale
$269,900
828 Englewood Ave, Saint Paul, MN 55104
Two matching units offer separate entrances, refreshed interiors, and off-street parking options near downtown, campuses, and freeway access.
Property Size1,452 SF
Price / SF$185.88
Days on Market54
Property Features for 828 Englewood Ave
General Information
Standard status
Active
Size
1,452 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
in-unit laundry
separate entrances
off-street parking
Building Details
Year Built
1913
Buildings
1
Listing Agency:
RE/MAX Results
Listed By:
Christopher A Deming
(651) 698-8006
Source:
Homesminn
Added: Aug 24
Changed: Oct 8
Last Checked: Oct 16 at 11:19AM
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 two-unit residential income property was built in 1913 and features nearly identical floor plans. Each unit includes three bedrooms, a full bathroom with in-unit laundry, a kitchen, and a spacious living room. Separate entrances provide distinct access for each household. Property improvements include a 2010 roof, refinished hardwood floors, newer windows, updated appliances, and a washer and dryer in each unit.
Located at 828 Englewood Ave in Saint Paul, the duplex is positioned near downtown areas, university campuses, and the freeway system. Off-street parking options serve the property and add practical convenience for occupants.
Located at 828 Englewood Ave in Saint Paul, the duplex is positioned near downtown areas, university campuses, and the freeway system. Off-street parking options serve the property and add practical convenience for occupants.
Key Highlights
- Nearly identical 3‑bedroom floor plans in both units
- Each unit includes a full bathroom with in‑unit laundry
- Separate entrances for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,215
Cap Rate
7.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,300
$424.3K
Cap Rate 7%
$303,071
$303.1K
Cap Rate 9%
$235,722
$235.7K
Market Conditions
NOI Build-Up for 1,452 SF
Gross rent
$32.2K $22.20/SF
− Vacancy
−$1.9K −$1.33/SF
EGI
$30.3K $20.87/SF
− OpEx
−$9.1K −$6.26/SF
NOI
$21.2K $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%
$424,300
Cap Rate 7%
$303,071
Cap Rate 9%
$235,722
Alternative Uses
Best Use
Multifamily LT 5
$303.1K
$265.2K – $353.6K
NOI $21,215 @ 7.0% cap · market cap 7.86%
Second Best
Apartment 5plus
$278.4K
$243.6K – $324.8K
NOI $19,485 @ 7.0% cap · market cap 7.22%
Theoretical Best
Office A
$346.4K
$303.1K – $404.2K
NOI $24,249 @ 7.0% cap · market cap 8.98%
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
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
949
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 - Two matching units offer separate entrances, refreshed interiors, and off-street parking options near downtown, campuses, and freeway access.
Where is this duplex located?
The property is located at 828 Englewood Ave Saint Paul, MN.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Nearly identical 3‑bedroom floor plans in both units; Each unit includes a full bathroom with in‑unit laundry; Separate entrances for each unit
