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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Apartment buildings
256 Marshall Ave, Saint Paul, MN 55102-4322
Entity Owned
2-yr Hold
Absentee Owner
Property ID
US46-0045072
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1888
Construction
WOOD FRAME
Total area
7,764 SF
Lot
0.14 ac (5,968 SF)
Zoning code
H
APN
01-28-23-11-0022
UPID
US46-0045072
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
$964k
Blend (final)
Blend
$775k
Owner & transaction history
Amethyst Portland LLC · 2 yrs held
Amethyst Portland LLC
since 2023
Last sale
$890,000
7 recorded transactions
Zoning & alternative use
H · Saint Paul, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+33.5%
Warehouse, storage
$895,000
+4.4%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$855,000
Current use
MEDICAL BUILDING
$1,145,000
Change: +33% · Conversion: Moderate
WAREHOUSE, STORAGE
$895,000
Change: +4% · Conversion: Difficult
OFFICE BUILDING
$850,000
Change: -1% · Conversion: Moderate
RETAIL STORES
$795,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $890k (Dec 28 2023)
Last sale anchor
$890k
Dec 28 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$100 / SF
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
$22,394
Tax year 2023
Assessed value
$1,181,100
Assessed 2023
Previous assessed
$1,181,100
+0.0% YoY
Effective rate
1.90%
On assessed value
Assessed land
$200,000
Assessed improvement
$981,100
Land market value
$200,000
Improvement market value
$981,100
Total market value
$1,181,100
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1888
Construction
WOOD FRAME
Heating
YES
Cooling
NONE
Units
10
Total area
7,764 SF
Lot
0.14 ac (5,968 SF)
Zoning code
H
APN
01-28-23-11-0022
UPID
US46-0045072
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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$855,000
MEDICAL BUILDING
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$895,000
OFFICE BUILDING
Est. value
$850,000
RETAIL STORES
Est. value
$795,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
WAREHOUSE, STORAGE
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1888
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Units
10
Lot
0.14 ac
Current owner
From public records · entity-resolved
Amethyst Portland LLC
Entity
Mailing address
5862 BURKE TRL #141, INVER GROVE, MN 55076-1583
Mailing matches property
Different — outreach signal
Owner-occupied
No
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 28, 2023
$890,000
Amethyst Portland LLC
231 Dayton Avenue LLC
Contract Sale
$801,000 · 231 Dayton Avenue LLC
Feb 14, 2014
$155,000
256 Marshall LLC
Ayaz,jorj & Ani
Warranty Deed
—
Mar 15, 2012
$50,000
Jorj Ayaz
University Natl Bk
Quit Claim Deed
related
—
Mar 22, 2011
$216,964
University Natl Bk
Sheriff Of Ramsey County
Trustees Deed
related
—
Oct 27, 2003
—
B & B Properties Of St Paul
Braulick,luke
Grant Deed
$249,000 · University National Bank
Aug 30, 1999
$135,000
Luke J Braulick
Jorgensen,thoams A & Arlet K
Grant Deed
$121,625 · University National Bank
—
—
Casey Capital III LLC
—
Deed Of Trust
related
$550,000 · Us Bk
—
—
256 Marshall LLC
—
Deed Of Trust
related
$470,000 · Prime Sec Bk
—
—
B & B Properties Of St Paul
—
Deed Of Trust
related
$127,000 · University National Bank
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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