1607 Van Buren Ave
Saint Paul, MN · Hamline – Midway · Listing office ↗ · Find the listing ↗
- Asking price
- $549,500 2 units · $275K per unit
- Monthly cash flow
- −$1,303 at 20% down, 7%
- Estimated rent
- $3,900/mo rough estimate
- Break-even price
- $304,695 where cash flow hits $0
Adjust these numbers in the calculator See the full breakdown
The numbers
Showing your own numbers. Rankings and other pages use 20% down and 7.00%.
Default: 20% down (no PMI), offer at asking, self-managed, 7.00% for 30 years, buyer pays closing costs (3%).
Estimated rent per unit Estimate
- 4 bed / 2 bath (est.)$1,950 $1,650–$2,250
- 4 bed / 2 bath (est.)$1,950 $1,650–$2,250
Rough screening estimate from bedroom count only ($750 + $300 per bedroom, ±15%). Not comparable-rental data; a RentCast estimate replaces it for the top candidates. Confidence: low.
Rent rules: Capped at 3%/yr for sitting tenants.
- Price
- $549,500
- Monthly cash flow
- −$1,978
- Cash to close
- $71,435
- Cap rate
- 3.5%
- Cash-on-cash
- −33.2%
- DSCR
- 0.45×
- GRM
- 11.7
- Price per unit
- $274,750
- Price that breaks even
- $247,581
- Rent that breaks even
- $6,502/mo
- Cash flow turns positive
- year 30
- Year 30: property vs stocks
- $1.25M vs $1.97M
- Price
- $549,500
- Monthly cash flow
- −$2,308
- Cash to close
- $71,435
- Cap rate
- 2.8%
- Cash-on-cash
- −38.8%
- DSCR
- 0.36×
- GRM
- 11.7
- Price per unit
- $274,750
- Price that breaks even
- $197,210
- Rent that breaks even
- $7,317/mo
- Cash flow turns positive
- not within 30 years
- Year 30: property vs stocks
- $1.25M vs $2.48M
- Price
- $539,500
- Monthly cash flow
- −$1,912
- Cash to close
- $70,135
- Cap rate
- 3.6%
- Cash-on-cash
- −32.7%
- DSCR
- 0.46×
- GRM
- 11.5
- Price per unit
- $269,750
- Price that breaks even
- $247,581
- Rent that breaks even
- $6,416/mo
- Cash flow turns positive
- year 29
- Year 30: property vs stocks
- $1.23M vs $1.89M
- Price
- $539,500
- Monthly cash flow
- −$2,242
- Cash to close
- $70,135
- Cap rate
- 2.9%
- Cash-on-cash
- −38.4%
- DSCR
- 0.37×
- GRM
- 11.5
- Price per unit
- $269,750
- Price that breaks even
- $197,210
- Rent that breaks even
- $7,220/mo
- Cash flow turns positive
- not within 30 years
- Year 30: property vs stocks
- $1.23M vs $2.40M
- Price
- $549,500
- Monthly cash flow
- −$1,303
- Cash to close
- $126,385
- Cap rate
- 3.5%
- Cash-on-cash
- −12.4%
- DSCR
- 0.55×
- GRM
- 11.7
- Price per unit
- $274,750
- Price that breaks even
- $304,695
- Rent that breaks even
- $5,614/mo
- Cash flow turns positive
- year 25
- Year 30: property vs stocks
- $1.27M vs $1.90M
- Price
- $549,500
- Monthly cash flow
- −$1,633
- Cash to close
- $126,385
- Cap rate
- 2.8%
- Cash-on-cash
- −15.5%
- DSCR
- 0.44×
- GRM
- 11.7
- Price per unit
- $274,750
- Price that breaks even
- $242,704
- Rent that breaks even
- $6,318/mo
- Cash flow turns positive
- not within 30 years
- Year 30: property vs stocks
- $1.25M vs $2.39M
- Price
- $539,500
- Monthly cash flow
- −$1,250
- Cash to close
- $124,085
- Cap rate
- 3.6%
- Cash-on-cash
- −12.1%
- DSCR
- 0.56×
- GRM
- 11.5
- Price per unit
- $269,750
- Price that breaks even
- $304,695
- Rent that breaks even
- $5,544/mo
- Cash flow turns positive
- year 24
- Year 30: property vs stocks
- $1.25M vs $1.82M
- Price
- $539,500
- Monthly cash flow
- −$1,580
- Cash to close
- $124,085
- Cap rate
- 2.9%
- Cash-on-cash
- −15.3%
- DSCR
- 0.45×
- GRM
- 11.5
- Price per unit
- $269,750
- Price that breaks even
- $242,704
- Rent that breaks even
- $6,239/mo
- Cash flow turns positive
- not within 30 years
- Year 30: property vs stocks
- $1.23M vs $2.31M
- Price
- $549,500
- Monthly cash flow
- −$1,120
- Cash to close
- $153,860
- Cap rate
- 3.5%
- Cash-on-cash
- −8.7%
- DSCR
- 0.59×
- GRM
- 11.7
- Price per unit
- $274,750
- Price that breaks even
- $325,008
- Rent that breaks even
- $5,374/mo
- Cash flow turns positive
- year 22
- Year 30: property vs stocks
- $1.29M vs $1.92M
- Price
- $549,500
- Monthly cash flow
- −$1,450
- Cash to close
- $153,860
- Cap rate
- 2.8%
- Cash-on-cash
- −11.3%
- DSCR
- 0.47×
- GRM
- 11.7
- Price per unit
- $274,750
- Price that breaks even
- $258,884
- Rent that breaks even
- $6,047/mo
- Cash flow turns positive
- not within 30 years
- Year 30: property vs stocks
- $1.25M vs $2.39M
- Price
- $539,500
- Monthly cash flow
- −$1,070
- Cash to close
- $151,060
- Cap rate
- 3.6%
- Cash-on-cash
- −8.5%
- DSCR
- 0.60×
- GRM
- 11.5
- Price per unit
- $269,750
- Price that breaks even
- $325,008
- Rent that breaks even
- $5,308/mo
- Cash flow turns positive
- year 22
- Year 30: property vs stocks
- $1.28M vs $1.85M
- Price
- $539,500
- Monthly cash flow
- −$1,400
- Cash to close
- $151,060
- Cap rate
- 2.9%
- Cash-on-cash
- −11.1%
- DSCR
- 0.48×
- GRM
- 11.5
- Price per unit
- $269,750
- Price that breaks even
- $258,884
- Rent that breaks even
- $5,973/mo
- Cash flow turns positive
- not within 30 years
- Year 30: property vs stocks
- $1.23M vs $2.32M
Monthly breakdown
| Rent | $3,900 |
| Vacancy (6%) | −$234 |
| Collected | $3,666 |
| Property tax Estimate | −$870 |
| Insurance Estimate | −$243 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (9% of rent) | −$351 |
| Capital reserve (9% of rent) | −$351 |
| Net operating income | $1,622 |
| Mortgage (principal + interest) | −$3,290 |
| PMI | −$309 |
| Cash flow | −$1,978 |
| Principal paid down (equity, not cash) | $419 |
| Rent | $3,900 |
| Vacancy (6%) | −$234 |
| Collected | $3,666 |
| Property tax Estimate | −$870 |
| Insurance Estimate | −$243 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (9% of rent) | −$351 |
| Capital reserve (9% of rent) | −$351 |
| Property management | −$330 |
| Net operating income | $1,292 |
| Mortgage (principal + interest) | −$3,290 |
| PMI | −$309 |
| Cash flow | −$2,308 |
| Principal paid down (equity, not cash) | $419 |
| Rent | $3,900 |
| Vacancy (6%) | −$234 |
| Collected | $3,666 |
| Property tax Estimate | −$870 |
| Insurance Estimate | −$243 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (9% of rent) | −$351 |
| Capital reserve (9% of rent) | −$351 |
| Net operating income | $1,622 |
| Mortgage (principal + interest) | −$3,230 |
| PMI | −$303 |
| Cash flow | −$1,912 |
| Principal paid down (equity, not cash) | $411 |
| Rent | $3,900 |
| Vacancy (6%) | −$234 |
| Collected | $3,666 |
| Property tax Estimate | −$870 |
| Insurance Estimate | −$243 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (9% of rent) | −$351 |
| Capital reserve (9% of rent) | −$351 |
| Property management | −$330 |
| Net operating income | $1,292 |
| Mortgage (principal + interest) | −$3,230 |
| PMI | −$303 |
| Cash flow | −$2,242 |
| Principal paid down (equity, not cash) | $411 |
| Rent | $3,900 |
| Vacancy (6%) | −$234 |
| Collected | $3,666 |
| Property tax Estimate | −$870 |
| Insurance Estimate | −$243 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (9% of rent) | −$351 |
| Capital reserve (9% of rent) | −$351 |
| Net operating income | $1,622 |
| Mortgage (principal + interest) | −$2,925 |
| Cash flow | −$1,303 |
| Principal paid down (equity, not cash) | $372 |
| Rent | $3,900 |
| Vacancy (6%) | −$234 |
| Collected | $3,666 |
| Property tax Estimate | −$870 |
| Insurance Estimate | −$243 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (9% of rent) | −$351 |
| Capital reserve (9% of rent) | −$351 |
| Property management | −$330 |
| Net operating income | $1,292 |
| Mortgage (principal + interest) | −$2,925 |
| Cash flow | −$1,633 |
| Principal paid down (equity, not cash) | $372 |
| Rent | $3,900 |
| Vacancy (6%) | −$234 |
| Collected | $3,666 |
| Property tax Estimate | −$870 |
| Insurance Estimate | −$243 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (9% of rent) | −$351 |
| Capital reserve (9% of rent) | −$351 |
| Net operating income | $1,622 |
| Mortgage (principal + interest) | −$2,871 |
| Cash flow | −$1,250 |
| Principal paid down (equity, not cash) | $365 |
| Rent | $3,900 |
| Vacancy (6%) | −$234 |
| Collected | $3,666 |
| Property tax Estimate | −$870 |
| Insurance Estimate | −$243 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (9% of rent) | −$351 |
| Capital reserve (9% of rent) | −$351 |
| Property management | −$330 |
| Net operating income | $1,292 |
| Mortgage (principal + interest) | −$2,871 |
| Cash flow | −$1,580 |
| Principal paid down (equity, not cash) | $365 |
| Rent | $3,900 |
| Vacancy (6%) | −$234 |
| Collected | $3,666 |
| Property tax Estimate | −$870 |
| Insurance Estimate | −$243 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (9% of rent) | −$351 |
| Capital reserve (9% of rent) | −$351 |
| Net operating income | $1,622 |
| Mortgage (principal + interest) | −$2,742 |
| Cash flow | −$1,120 |
| Principal paid down (equity, not cash) | $349 |
| Rent | $3,900 |
| Vacancy (6%) | −$234 |
| Collected | $3,666 |
| Property tax Estimate | −$870 |
| Insurance Estimate | −$243 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (9% of rent) | −$351 |
| Capital reserve (9% of rent) | −$351 |
| Property management | −$330 |
| Net operating income | $1,292 |
| Mortgage (principal + interest) | −$2,742 |
| Cash flow | −$1,450 |
| Principal paid down (equity, not cash) | $349 |
| Rent | $3,900 |
| Vacancy (6%) | −$234 |
| Collected | $3,666 |
| Property tax Estimate | −$870 |
| Insurance Estimate | −$243 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (9% of rent) | −$351 |
| Capital reserve (9% of rent) | −$351 |
| Net operating income | $1,622 |
| Mortgage (principal + interest) | −$2,692 |
| Cash flow | −$1,070 |
| Principal paid down (equity, not cash) | $343 |
| Rent | $3,900 |
| Vacancy (6%) | −$234 |
| Collected | $3,666 |
| Property tax Estimate | −$870 |
| Insurance Estimate | −$243 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (9% of rent) | −$351 |
| Capital reserve (9% of rent) | −$351 |
| Property management | −$330 |
| Net operating income | $1,292 |
| Mortgage (principal + interest) | −$2,692 |
| Cash flow | −$1,400 |
| Principal paid down (equity, not cash) | $343 |
Cash flow each year
Rents +3%/yr (St. Paul's cap for sitting tenants), costs +3.5%/yr. Red bars are months you'd cover out of pocket.
30 years: this property vs. the same money in stocks
Year 30 (loan paid off): property $1.25M, stocks $1.97M. Stocks win.
Year 30 (loan paid off): property $1.25M, stocks $2.48M. Stocks win.
Year 30 (loan paid off): property $1.23M, stocks $1.89M. Stocks win.
Year 30 (loan paid off): property $1.23M, stocks $2.40M. Stocks win.
Year 30 (loan paid off): property $1.27M, stocks $1.90M. Stocks win.
Year 30 (loan paid off): property $1.25M, stocks $2.39M. Stocks win.
Year 30 (loan paid off): property $1.25M, stocks $1.82M. Stocks win.
Year 30 (loan paid off): property $1.23M, stocks $2.31M. Stocks win.
Year 30 (loan paid off): property $1.29M, stocks $1.92M. Stocks win.
Year 30 (loan paid off): property $1.25M, stocks $2.39M. Stocks win.
Year 30 (loan paid off): property $1.28M, stocks $1.85M. Stocks win.
Year 30 (loan paid off): property $1.23M, stocks $2.32M. Stocks win.
How those totals add up
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,333,781 |
| Minus 6% selling cost | −$80,027 |
| Minus loan still owedTenants' rent paid down all $494,550 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$654 of profit by year 30, before investment growth | $654 |
| What you'd walk away with | $1,254,408 |
| If you put the same money in stocks | |
| Cash to close ($71,435) invested at 7% | $543,781 |
| Monthly shortfalls ($339,329 total by yr 30) investedThe money you'd have put into the building while it lost money | $1,426,930 |
| What you'd walk away with | $1,970,712 |
| Building minus stocks | −$716,304 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,333,781 |
| Minus 6% selling cost | −$80,027 |
| Minus loan still owedTenants' rent paid down all $494,550 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth | $0 |
| What you'd walk away with | $1,253,754 |
| If you put the same money in stocks | |
| Cash to close ($71,435) invested at 7% | $543,781 |
| Monthly shortfalls ($527,040 total by yr 30) investedThe money you'd have put into the building while it lost money | $1,939,497 |
| What you'd walk away with | $2,483,279 |
| Building minus stocks | −$1,229,525 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,309,508 |
| Minus 6% selling cost | −$78,570 |
| Minus loan still owedTenants' rent paid down all $485,550 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$1,781 of profit by year 30, before investment growth | $1,809 |
| What you'd walk away with | $1,232,747 |
| If you put the same money in stocks | |
| Cash to close ($70,135) invested at 7% | $533,886 |
| Monthly shortfalls ($318,630 total by yr 30) investedThe money you'd have put into the building while it lost money | $1,358,472 |
| What you'd walk away with | $1,892,358 |
| Building minus stocks | −$659,611 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,309,508 |
| Minus 6% selling cost | −$78,570 |
| Minus loan still owedTenants' rent paid down all $485,550 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth | $0 |
| What you'd walk away with | $1,230,938 |
| If you put the same money in stocks | |
| Cash to close ($70,135) invested at 7% | $533,886 |
| Monthly shortfalls ($505,214 total by yr 30) investedThe money you'd have put into the building while it lost money | $1,869,884 |
| What you'd walk away with | $2,403,770 |
| Building minus stocks | −$1,172,832 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,333,781 |
| Minus 6% selling cost | −$80,027 |
| Minus loan still owedTenants' rent paid down all $439,600 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$16,200 of profit by year 30, before investment growth | $18,016 |
| What you'd walk away with | $1,271,770 |
| If you put the same money in stocks | |
| Cash to close ($126,385) invested at 7% | $962,075 |
| Monthly shortfalls ($208,429 total by yr 30) investedThe money you'd have put into the building while it lost money | $934,255 |
| What you'd walk away with | $1,896,330 |
| Building minus stocks | −$624,560 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,333,781 |
| Minus 6% selling cost | −$80,027 |
| Minus loan still owedTenants' rent paid down all $439,600 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth | $0 |
| What you'd walk away with | $1,253,754 |
| If you put the same money in stocks | |
| Cash to close ($126,385) invested at 7% | $962,075 |
| Monthly shortfalls ($380,593 total by yr 30) investedThe money you'd have put into the building while it lost money | $1,429,460 |
| What you'd walk away with | $2,391,535 |
| Building minus stocks | −$1,137,781 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,309,508 |
| Minus 6% selling cost | −$78,570 |
| Minus loan still owedTenants' rent paid down all $431,600 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$20,236 of profit by year 30, before investment growth | $22,892 |
| What you'd walk away with | $1,253,829 |
| If you put the same money in stocks | |
| Cash to close ($124,085) invested at 7% | $944,567 |
| Monthly shortfalls ($193,304 total by yr 30) investedThe money you'd have put into the building while it lost money | $878,800 |
| What you'd walk away with | $1,823,366 |
| Building minus stocks | −$569,537 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,309,508 |
| Minus 6% selling cost | −$78,570 |
| Minus loan still owedTenants' rent paid down all $431,600 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth | $0 |
| What you'd walk away with | $1,230,938 |
| If you put the same money in stocks | |
| Cash to close ($124,085) invested at 7% | $944,567 |
| Monthly shortfalls ($361,432 total by yr 30) investedThe money you'd have put into the building while it lost money | $1,369,129 |
| What you'd walk away with | $2,313,696 |
| Building minus stocks | −$1,082,758 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,333,781 |
| Minus 6% selling cost | −$80,027 |
| Minus loan still owedTenants' rent paid down all $412,125 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$32,129 of profit by year 30, before investment growth | $37,977 |
| What you'd walk away with | $1,291,731 |
| If you put the same money in stocks | |
| Cash to close ($153,860) invested at 7% | $1,171,222 |
| Monthly shortfalls ($158,552 total by yr 30) investedThe money you'd have put into the building while it lost money | $747,016 |
| What you'd walk away with | $1,918,237 |
| Building minus stocks | −$626,506 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,333,781 |
| Minus 6% selling cost | −$80,027 |
| Minus loan still owedTenants' rent paid down all $412,125 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth | $0 |
| What you'd walk away with | $1,253,754 |
| If you put the same money in stocks | |
| Cash to close ($153,860) invested at 7% | $1,171,222 |
| Monthly shortfalls ($314,788 total by yr 30) investedThe money you'd have put into the building while it lost money | $1,222,260 |
| What you'd walk away with | $2,393,482 |
| Building minus stocks | −$1,139,728 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,309,508 |
| Minus 6% selling cost | −$78,570 |
| Minus loan still owedTenants' rent paid down all $404,625 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$37,518 of profit by year 30, before investment growth | $45,149 |
| What you'd walk away with | $1,276,086 |
| If you put the same money in stocks | |
| Cash to close ($151,060) invested at 7% | $1,149,907 |
| Monthly shortfalls ($145,978 total by yr 30) investedThe money you'd have put into the building while it lost money | $697,628 |
| What you'd walk away with | $1,847,535 |
| Building minus stocks | −$571,449 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,309,508 |
| Minus 6% selling cost | −$78,570 |
| Minus loan still owedTenants' rent paid down all $404,625 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth | $0 |
| What you'd walk away with | $1,230,938 |
| If you put the same money in stocks | |
| Cash to close ($151,060) invested at 7% | $1,149,907 |
| Monthly shortfalls ($296,825 total by yr 30) investedThe money you'd have put into the building while it lost money | $1,165,700 |
| What you'd walk away with | $2,315,607 |
| Building minus stocks | −$1,084,669 |
Future dollars. At 3% inflation, divide year-30 figures by about 2.4 for today's buying power. Rental profits are assumed invested, not spent.
Red flags and opportunities
Watch for
- mediumThe seller is homesteaded, so the current tax bill is lower than what an investor will pay. We use an estimated non-homestead tax instead. Public record: Ramsey County parcel 332923110007: homestead=Y
- mediumAsking is $244,805 above the price where cash flow breaks even ($304,695) at the default scenario. Based on: Derived: price $549,500 vs. break-even $304,695
- low$863 in special assessments on the payable 2026 tax bill (often street, sewer or code-enforcement charges). Ask what they're for, whether they continue, and whether the seller pays them off at closing. Public record: Ramsey County parcel 332923110007: special assessments (payable 2026) = $863.46
Opportunities
- Long time on market: room to negotiate. Based on: Listing data: 11 days on market, 3 price cuts
Questions for the agent
- Can we see the current leases and a rent roll, with move-in dates?
- What did water/sewer/trash, heat and electric cost the owner over the last 12 months?
- How old are the roof, boiler or furnaces, water heaters and electrical panels?
- Is the building licensed as a rental for this many units, and when was the last city inspection?
- Any special assessments pending, and will the seller pay them off at closing?
Standard questions worth asking about any building.
What the records say
Where each number comes from
| Property tax / yr Estimateestimate. Seller is homesteaded; an investor pays the non-homestead rate. $497,500 market value × 2.10% (median for non-homestead duplexes/triplexes in the city). | $10,435 |
| Insurance / yr Estimateestimate. from units, square feet and age; get a quote | $2,913 |
| Water, sewer, trash / mo Estimateestimate. $85/unit/mo, owner-paid | $170 |
| Heat / mo Assumptionassumption. tenants pay heat; confirm with the agent | $0 |
| Lawn care / mo Assumptionassumption. $120/mo for 6 months, spread over 12; no snow removal | $60 |
| Repairs / capital reserve Rulerule. built 1909: +1 pt capital reserve; 8 bedrooms: +1 pt repairs for wear | 9% / 9% |
County record Public record
| Recorded as | two family dwelling - side/side |
| Living units | 2 |
| Year built | 1909 |
| Market value (2026) | $497,500 |
| Property tax, payable 2026 | $8,361 |
| Special assessments | $863 |
| Homestead | yes |
| Last sale | 2022-04-12 · $584,000 |
Source: Ramsey County parcel records.
City rental certificate (CofO)
Residential 2 Units: 2 unit(s), A, status pending, renews 2026-03-03.
Nearest highway
I 94, about 1159 m away.
Crime in Hamline – Midway
1,218 incidents in the last 12 months (101 per 1,000 residents), −3% vs. the year before. St. Paul police incidents, excluding proactive visits and community events.
Status history
- Price cut at $549,500 (was $555,000) · from listing history
- Price cut at $555,000 (was $585,000) · from listing history
- Price cut at $585,000 (was $599,000) · from listing history
- New at $549,500