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Property profile & analytics
OFF-MARKET
Residential income homes
1926 Grand Ave Saint Paul, MN 55105-1453
Entity Owned
2-yr Hold
Property ID
US46-3197691
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1926
Construction
WOOD FRAME
Total area
6,552 SF
Lot
0.14 ac (5,968 SF)
Zoning code
H
APN
04-28-23-31-0049
UPID
US46-3197691
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ar Propertiese LLC · 2 yrs held
Ar Propertiese LLC
since 2023
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
H · Saint Paul, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Saint Paul submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Paul submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$17,490
Tax year 2023
Assessed value
$851,000
Assessed 2023
Previous assessed
$851,000
+0.0% YoY
Effective rate
2.06%
On assessed value
Assessed land
$80,000
Assessed improvement
$771,000
Land market value
$80,000
Improvement market value
$771,000
Total market value
$851,000
Applied tax rate
625.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1926
Construction
WOOD FRAME
Heating
HOT WATER
Cooling
NONE
Units
4
Bathrooms
1
Total area
6,552 SF
Lot
0.14 ac (5,968 SF)
Zoning code
H
APN
04-28-23-31-0049
UPID
US46-3197691
Jurisdiction
RAMSEY
Zoning & alternative use
H · Saint Paul, MN
Zoning H · permitted uses
H · Saint Paul, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint Paul. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1926
Construction
WOOD FRAME
Heating
HOT WATER
Cooling
Yes
Units
4
Bathrooms
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Ar Propertiese LLC
Entity
Mailing address
PO BOX 876, FARIBAULT, MN 55021-0876
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2023
$1,310,000
Ar Propertiese LLC
Kjd Rental Properties LLC
Warranty Deed
$524,000 · Reliance Bank
Aug 29, 2019
$810,000
Kjd Rental Properties LLC
Benjamin Terry Properties LLC
Warranty Deed
—
Aug 16, 2017
—
Benjamin Terry Properties LLC
Terry,benjamin & Angela C
Quit Claim Deed
related
—
Jun 27, 2017
$720,000
Benjamin Terry
1926 Grand Avenue LLC
Warranty Deed
$540,000 · American Mortgage & Equity Consulta
Apr 26, 2005
$740,000
Victor Pechaty
River City Holdings
Warranty Deed
—
Aug 18, 2004
$645,000
River City Holdings LLC
Votel,bridget A
Warranty Deed
related
—
—
—
1926 Grand Avenue LLC
—
Deed Of Trust
related
$461,000 · 21st Century Bank
—
—
Bridget A Votel
—
Deed Of Trust
related
$132,000 · Centennial Mortgage & Funding
—
—
Bridget A Votel
—
Deed Of Trust
related
$8,332 · Dakota Bank & Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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