Two-Unit Duplex with Bonus
For Sale
$389,900
95 Victoria St N, Saint Paul, MN 55104
The property combines distinct one- and two-bedroom layouts with basement storage and laundry facilities.
Property Size2,416 SF
Price / SF$161.38
Days on Market20
Property Features for 95 Victoria St N
General Information
Standard status
Active
Size
2,416 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$7,233
Listing Agency:
Keller Williams Premier Realty
(612) 817-7955
Listed By:
Scott R. Smith
(612) 817-7955
Source:
Exprealty
Added: Jul 24
Changed: Aug 8
Last Checked: Aug 11 at 1:08PM
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 Keller Williams Premier Realty
Investment Insights
Based on property information with market context.
This 2,416-square-foot up-and-down duplex offers two distinct residential layouts. The main-floor unit includes one bedroom, a three-quarter bath, hardwood flooring, and laundry within the unit. Upstairs, the two-bedroom residence features a three-quarter bath, a spacious kitchen with dishwasher, and access to a third-level bonus room with a half bath.
Both units share access to basement storage areas and laundry facilities. The property is located at 95 Victoria St N in Saint Paul, Minnesota, and includes a combination of period detailing, updated features, and flexible interior space across multiple levels.
Both units share access to basement storage areas and laundry facilities. The property is located at 95 Victoria St N in Saint Paul, Minnesota, and includes a combination of period detailing, updated features, and flexible interior space across multiple levels.
Key Highlights
- 2,416 SF duplex with separate up‑and‑down units
- Main‑floor unit includes 1 bedroom, 3/4 bath, hardwood floors, and in‑unit laundry
- Upper unit offers 2 bedrooms, 3/4 bath, and kitchen with dishwasher
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,299
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$705,980
$706.0K
Cap Rate 7%
$504,271
$504.3K
Cap Rate 9%
$392,211
$392.2K
Market Conditions
NOI Build-Up for 2,416 SF
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.
Gross rent
$53.6K $22.20/SF
− Vacancy
−$3.2K −$1.33/SF
EGI
$50.4K $20.87/SF
− OpEx
−$15.1K −$6.26/SF
NOI
$35.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$705,980
Cap Rate 7%
$504,271
Cap Rate 9%
$392,211
Alternative Uses
Best Use
Multifamily LT 5
$504.3K
$441.2K – $588.3K
NOI $35,299 @ 7.0% cap · market cap 9.05%
Second Best
Apartment 5plus
$463.2K
$405.3K – $540.4K
NOI $32,422 @ 7.0% cap · market cap 8.32%
Theoretical Best
Healthcare Medical
$594.5K
$520.2K – $693.6K
NOI $41,618 @ 7.0% cap · market cap 10.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,398
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - The property combines distinct one- and two-bedroom layouts with basement storage and laundry facilities.
Where is this duplex located?
The property is located at 95 Victoria St N Saint Paul, MN.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: 2,416 SF duplex with separate up‑and‑down units; Main‑floor unit includes 1 bedroom, 3/4 bath, hardwood floors, and in‑unit laundry; Upper unit offers 2 bedrooms, 3/4 bath, and kitchen with dishwasher
