Side-by-Side
New
For Sale
Under Contract
$329,900
851 8th Avenue S, South Saint Paul, MN 55075
Residential Income, South Saint Paul, MN
Property Size1,806 SF
Lot Size0.20 Acres
Price / SF$182.67
Days on Market5
Property Features for 851 8th Avenue S
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 3
Parking features
Garage - Attached
Subdivision
Lorraine Park Add
High school district
South St. Paul
Directions
494, L on 7th Ave S, L on 9th St S, R on 8th Ave S.
Standard status
Active Under Contract
APN
364600012190
Size
1,806 SF
Lot size
0.20 Acres
Additional Details
Individually Metered Utilities
electricity, gas
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
5504
Utilities
Heating system
Forced Air
Building Details
Year built
1948
Listing Agency:
Metzen Realty and Associates CO.
(651) 455-2214
Listed By:
Brian Solos
(763) 521-9500
Added: Oct 27
Changed: Oct 30
Last Checked: Oct 31 at 11:06AM
MLS# 7165702
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.
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Investment Insights
Based on property information with market context.
This 1,806-square-foot duplex was built in 1948 and has side-by-side units with three-bedroom and one-bedroom layouts. The property has been recently updated and includes a basement and an attached garage. Forced-air heating serves the building.
The duplex occupies a 0.2-acre lot. Gas and electric service are separate for the two residences.
The duplex occupies a 0.2-acre lot. Gas and electric service are separate for the two residences.
Key Highlights
- Side‑by‑side duplex with three‑bedroom and one‑bedroom units
- 1,806 square feet of building area
- 0.2‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,387
Cap Rate
8.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,740
$527.7K
Cap Rate 7%
$376,957
$377.0K
Cap Rate 9%
$293,189
$293.2K
Market Conditions
NOI Build-Up for 1,806 SF
Gross rent
$40.1K $22.20/SF
− Vacancy
−$2.4K −$1.33/SF
EGI
$37.7K $20.87/SF
− OpEx
−$11.3K −$6.26/SF
NOI
$26.4K $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 Rate 5%
$527,740
Cap Rate 7%
$376,957
Cap Rate 9%
$293,189
Alternative Uses
Best Use
Multifamily LT 5
$377.0K
$329.8K – $439.8K
NOI $26,387 @ 7.0% cap · market cap 8.00%
Second Best
Apartment 5plus
$346.2K
$303.0K – $403.9K
NOI $24,236 @ 7.0% cap · market cap 7.35%
Theoretical Best
Healthcare Medical
$444.4K
$388.9K – $518.5K
NOI $31,110 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
173
Businesses Nearby
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Business Placement
Demographics for 55075, MN
20,749
Population
8,460
Households
2.5
Avg Household Size
37
Median Age
31%
College-Educated
93%
High-School Grad
5.6 sq mi
ZIP Area
3,705
Density / Sq Mi
$84,573
Median Household Income
$48,724
Median Earnings
$1,128
Median Rent
$267,000
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 - Each residence has separate gas and electric service.
Where is this duplex located?
The property is located at 851 8th Avenue S South Saint Paul, MN.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Side‑by‑side duplex with three‑bedroom and one‑bedroom units; 1,806 square feet of building area; 0.2‑acre lot
