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    Turn-Key Duplex Investment Title is generated by Realmo AI

    914 Charlotte Street, Saint Paul, MN 55104

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    Claim this Listing
    For Sale
    $349,500

    MULTI_FAMILY - Saint Paul, MN

    Property size:
    1,841 SF
    Lot size:
    0.19 Acres
    Price / SF:
    $189/SF
    Added:
    Mar 9, 2026
    Days on Market:
    115
    Last Refresh:
    Jul 1 at 6:06 am

    Property Features for 914 Charlotte Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Basement, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1
    Parking features
    Garage - Detached, Garage, Driveway, Parking Lot
    Exterior features
    Stucco
    Fencing
    Chain Link
    Standard status
    Active
    APN
    282923410027
    Size
    1,841 SF
    Lot size
    0.19 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6364

    Utilities

    Heating system
    Gravity

    Building Details

    Year built
    1915
    Building materials
    Frame
    Roof type
    Asphalt, Shingle, Flat

    We can help!

    Contact an agent
    Bonnie Olmschenk
    Bonnie Olmschenk

    Listing agent Bonnie Olmschenk License #51107-090

    Listing office RE/MAX Synergy 920 W Broadway Ave, Forest Lake, MN

    Listing date Mar 9, 2026

    MLS# 7033512 Listing URL

    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

    • Turn‑key investment duplex with 2 BR / 1 BA on main level and 1+ BR / 1 BA on upper level
    • New roof installed in 2022 (complete tear‑off with new decking) plus new vinyl siding in 2022
    • Multiple updates completed in 2022, including new flooring, paint, light fixtures, and kitchen cabinets, plus 5 new windows
    • Large 2‑story detached garage with separate meter
    • Parking includes parking lot, driveway, and garage; chain‑link fencing
    • Built in 1915; frame construction with stucco exterior and asphalt/flat/shingle roofing

    Overview

    This turn-key duplex offers two finished living levels with separate bedroom and bath layouts. The main level includes 2 bedrooms and 1 bathroom, with a large living area plus a family room. The upper level features 1+ bedroom and 1 bathroom. Updates noted include new roof in 2022 with complete tear-off and new decking, new vinyl siding in 2022, new flooring work in 2022, new paint and light fixtures in 2022, and ceiling updates in the living room. The upper level also received new in 2022, including paneling in the bedroom, a new window in the bedroom, flooring in the living room, new kitchen cabinets, and five new windows. A huge two-story garage is a standout feature, and the garage is separately metered. The property is currently fully rented.

    Located at 914 Charlotte Street in Saint Paul’s Newell Park neighborhood, the property is described as approximately three blocks from Hamline University.

    For tenants and operators looking for an income duplex with defined unit layouts and a substantial garage configuration, the recent improvements to the roof, siding, interior finishes, and select parking-area surfaces may reduce near-term maintenance concerns. With both the duplex spaces and separately metered garage in place, the property can support a practical residential income setup in the St. Paul market.

    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 $40.9k $22.20
    − Vacancy −$2.4k −$1.33
    EGI $38.4k $20.87
    − OpEx −$11.5k −$6.26
    NOI $26.9k $14.61
    1,841 SF · lease $22.20/SF/yr · vacancy 5.98% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $384.3K
    $336.2K – $448.3K (±1% cap)
    NOI $26,898 @ 7.0% cap · market cap 7.70%
    Second Best
    Apartment 5plus
    $352.9K
    $308.8K – $411.8K (±1% cap)
    NOI $24,706 @ 7.0% cap · market cap 7.07%
    Theoretical Best
    Healthcare Medical
    $453.0K
    $396.4K – $528.6K (±1% cap)
    NOI $31,713 @ 7.0% cap · market cap 9.07%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saint Paul
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.170007
    Latitude
    44.968545

    FAQs

    What type of property is this?
    Duplex - Well-kept duplex with recent exterior updates and a two-story garage on a separate meter.
    Where is this duplex located?
    The property is located at 914 Charlotte Street Saint Paul, MN.
    What is the asking price?
    The asking price for this property is $349,500.
    What are key features of this property?
    This property features: Turn‑key investment duplex with 2 BR / 1 BA on main level and 1+ BR / 1 BA on upper level; New roof installed in 2022 (complete tear‑off with new decking) plus new vinyl siding in 2022; Multiple updates completed in 2022, including new flooring, paint, light fixtures, and kitchen cabinets, plus 5 new windows
    More about this property
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