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Property profile & analytics
FOR SALE
Residential income homes
485 Belvidere St E, Saint Paul, MN 55107
Entity Owned
2-yr Hold
Property ID
US46-0412152
For Sale
1 / 30
$425,000
485 Belvidere St E, Saint Paul, MN 55107
View Listing →
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1893
Construction
WOOD FRAME
Total area
2,624 SF
Lot
0.11 ac (4,879 SF)
Zoning code
D
APN
09-28-22-33-0009
UPID
US46-0412152
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
Thirty Seventeen Partners LLC · 2 yrs held
Thirty Seventeen Partners LLC
since 2023
Last sale
$425,000
4 recorded transactions
Zoning & alternative use
D · 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
$6,756
Tax year 2023
Assessed value
$331,500
Assessed 2023
Previous assessed
$331,500
+0.0% YoY
Effective rate
2.04%
On assessed value
Assessed land
$80,000
Assessed improvement
$251,500
Land market value
$80,000
Improvement market value
$251,500
Total market value
$331,500
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
For Sale
Year built
1893
Construction
WOOD FRAME
Heating
STEAM
Stories
2
Units
4
Rooms
8
Bathrooms
1
Total area
2,624 SF
Lot
0.11 ac (4,879 SF)
Zoning code
D
APN
09-28-22-33-0009
UPID
US46-0412152
Jurisdiction
RAMSEY
Zoning & alternative use
D · Saint Paul, MN
Zoning D · permitted uses
D · 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
1893
Construction
WOOD FRAME
Heating
STEAM
Stories
2
Units
4
Rooms
8
Bathrooms
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Thirty Seventeen Partners LLC
Entity
Mailing address
275 4TH ST E STE #720, SAINT PAUL, MN 55101-1907
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2023
$425,000
Thirty Seventeen Partners LLC
Kory A Greene
Warranty Deed
$318,750 · Royal Cu
Dec 18, 2019
$315,000
Kory A Greene
William Turner
Warranty Deed
$236,250 · Leader One Financial Corp
Aug 29, 2016
$170,274
William Turner
Louell Ents LLC
Warranty Deed
—
Mar 30, 2010
$500
Louell Ents LLC
Kanavati,louis E & Ellen M
Quit Claim Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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