362 Maria Ave

Saint Paul, MN · Dayton's Bluff · View the listing ↗

Overpriced

37 photos

Photos, via Realtor.com.

Asking price: $320,000
Monthly cash flow: −$484
Estimated rent: $2,850/mo
Break-even price: $229,036

Adjust the numbers See the full breakdown

From the listing

Welcome to 362 Maria Ave! This well-maintained duplex is a great opportunity for an owner-occupant or investor. Both units offer spacious layouts with updated kitchens, comfortable living areas, and convenient in-unit laundry. Recent improvements include newer furnaces and windows, providing added efficiency and peace of mind. Outside, the property features a long driveway offering plenty of off-street parking along with a usable backyard. With many of the major updates already completed, this duplex is ready for its next owner. Conveniently located near shopping, restaurants, transit, and everything St. Paul has to offer. Live in one unit and rent out the other or add a solid duplex to your investment portfolio!

Description from Realtor.com, MLS #7153557. Believed reliable but not guaranteed; confirm with the listing agent. View on Realtor.com ↗

The numbers

Edit rents, costs and assumptions

Default: 20% down (no PMI), offer at asking, self-managed, 7.00% for 30 years, buyer pays closing costs (3%).

The deal

Price: $320,000
Cash to close: $73,600
Price per unit: $160,000
GRM: 9.4

Each month

Cash flow: −$484/mo
Cash-on-cash: −7.9%
Cap rate: 4.6%
DSCR: 0.72×

Break-even

Price that breaks even: $229,036
Rent that breaks even: $3,479/mo

Long run

Year 30: property vs stocks: $842K vs $797K
Cash flow turns positive: year 15

Monthly

Monthly breakdown

Rent	$2,850
Vacancy (6%)	−$171
Collected	$2,679
Property tax Public record	−$537
Insurance Estimate	−$209
Water, sewer, trash Estimate	−$170
Lawn care ($120 × 6 mo ÷ 12)	−$60
Repairs (8% of rent)	−$228
Capital reserve (9% of rent)	−$256
Net operating income	$1,219
Mortgage (principal + interest)	−$1,703
Cash flow	−$484
Principal paid down (equity, not cash)	$217

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

How those totals add up

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$776,724
Minus 6% selling cost	−$46,603
Minus loan still owedTenants' rent paid down all $288,000 of principal by year 30	$0
Plus rental profits, invested at 7%$42,847 of profit by year 30, before investment growth	$54,542
What you'd walk away with	$784,663
If you put the same money in stocks
Cash to close ($41,600) invested at 7%	$316,670
Monthly shortfalls ($92,702 total by yr 30) investedThe money you'd have put into the building while it lost money	$475,802
What you'd walk away with	$792,472
Building minus stocks	−$7,809

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$776,724
Minus 6% selling cost	−$46,603
Minus loan still owedTenants' rent paid down all $288,000 of principal by year 30	$0
Plus rental profits, invested at 7%$502 of profit by year 30, before investment growth	$502
What you'd walk away with	$730,623
If you put the same money in stocks
Cash to close ($41,600) invested at 7%	$316,670
Monthly shortfalls ($188,008 total by yr 30) investedThe money you'd have put into the building while it lost money	$796,808
What you'd walk away with	$1,113,478
Building minus stocks	−$382,855

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$752,451
Minus 6% selling cost	−$45,147
Minus loan still owedTenants' rent paid down all $279,000 of principal by year 30	$0
Plus rental profits, invested at 7%$51,713 of profit by year 30, before investment growth	$67,945
What you'd walk away with	$775,249
If you put the same money in stocks
Cash to close ($40,300) invested at 7%	$306,774
Monthly shortfalls ($79,742 total by yr 30) investedThe money you'd have put into the building while it lost money	$419,591
What you'd walk away with	$726,365
Building minus stocks	$48,884

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$752,451
Minus 6% selling cost	−$45,147
Minus loan still owedTenants' rent paid down all $279,000 of principal by year 30	$0
Plus rental profits, invested at 7%$2,066 of profit by year 30, before investment growth	$2,138
What you'd walk away with	$709,442
If you put the same money in stocks
Cash to close ($40,300) invested at 7%	$306,774
Monthly shortfalls ($167,747 total by yr 30) investedThe money you'd have put into the building while it lost money	$728,830
What you'd walk away with	$1,035,604
Building minus stocks	−$326,162

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$776,724
Minus 6% selling cost	−$46,603
Minus loan still owedTenants' rent paid down all $256,000 of principal by year 30	$0
Plus rental profits, invested at 7%$78,532 of profit by year 30, before investment growth	$112,351
What you'd walk away with	$842,472
If you put the same money in stocks
Cash to close ($73,600) invested at 7%	$560,262
Monthly shortfalls ($43,104 total by yr 30) investedThe money you'd have put into the building while it lost money	$236,592
What you'd walk away with	$796,854
Building minus stocks	$45,618

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$776,724
Minus 6% selling cost	−$46,603
Minus loan still owedTenants' rent paid down all $256,000 of principal by year 30	$0
Plus rental profits, invested at 7%$10,519 of profit by year 30, before investment growth	$11,817
What you'd walk away with	$741,938
If you put the same money in stocks
Cash to close ($73,600) invested at 7%	$560,262
Monthly shortfalls ($112,742 total by yr 30) investedThe money you'd have put into the building while it lost money	$511,104
What you'd walk away with	$1,071,366
Building minus stocks	−$329,428

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$752,451
Minus 6% selling cost	−$45,147
Minus loan still owedTenants' rent paid down all $248,000 of principal by year 30	$0
Plus rental profits, invested at 7%$89,375 of profit by year 30, before investment growth	$132,018
What you'd walk away with	$839,322
If you put the same money in stocks
Cash to close ($71,300) invested at 7%	$542,754
Monthly shortfalls ($34,786 total by yr 30) investedThe money you'd have put into the building while it lost money	$195,928
What you'd walk away with	$738,681
Building minus stocks	$100,641

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$752,451
Minus 6% selling cost	−$45,147
Minus loan still owedTenants' rent paid down all $248,000 of principal by year 30	$0
Plus rental profits, invested at 7%$15,154 of profit by year 30, before investment growth	$17,609
What you'd walk away with	$724,913
If you put the same money in stocks
Cash to close ($71,300) invested at 7%	$542,754
Monthly shortfalls ($98,217 total by yr 30) investedThe money you'd have put into the building while it lost money	$456,564
What you'd walk away with	$999,318
Building minus stocks	−$274,405

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$776,724
Minus 6% selling cost	−$46,603
Minus loan still owedTenants' rent paid down all $240,000 of principal by year 30	$0
Plus rental profits, invested at 7%$101,073 of profit by year 30, before investment growth	$154,415
What you'd walk away with	$884,535
If you put the same money in stocks
Cash to close ($89,600) invested at 7%	$682,058
Monthly shortfalls ($27,324 total by yr 30) investedThe money you'd have put into the building while it lost money	$157,993
What you'd walk away with	$840,051
Building minus stocks	$44,484

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$776,724
Minus 6% selling cost	−$46,603
Minus loan still owedTenants' rent paid down all $240,000 of principal by year 30	$0
Plus rental profits, invested at 7%$20,603 of profit by year 30, before investment growth	$24,743
What you'd walk away with	$754,864
If you put the same money in stocks
Cash to close ($89,600) invested at 7%	$682,058
Monthly shortfalls ($84,505 total by yr 30) investedThe money you'd have put into the building while it lost money	$403,368
What you'd walk away with	$1,085,426
Building minus stocks	−$330,562

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$752,451
Minus 6% selling cost	−$45,147
Minus loan still owedTenants' rent paid down all $232,500 of principal by year 30	$0
Plus rental profits, invested at 7%$112,766 of profit by year 30, before investment growth	$177,941
What you'd walk away with	$885,246
If you put the same money in stocks
Cash to close ($86,800) invested at 7%	$660,744
Monthly shortfalls ($21,054 total by yr 30) investedThe money you'd have put into the building while it lost money	$124,959
What you'd walk away with	$785,703
Building minus stocks	$99,543

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$752,451
Minus 6% selling cost	−$45,147
Minus loan still owedTenants' rent paid down all $232,500 of principal by year 30	$0
Plus rental profits, invested at 7%$26,511 of profit by year 30, before investment growth	$32,876
What you'd walk away with	$740,180
If you put the same money in stocks
Cash to close ($86,800) invested at 7%	$660,744
Monthly shortfalls ($72,450 total by yr 30) investedThe money you'd have put into the building while it lost money	$354,940
What you'd walk away with	$1,015,684
Building minus stocks	−$275,504

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.

30 years: this property vs. the same money in stocks

This propertyStocks at 7%

Year 30 (loan paid off): property $842K, stocks $797K. The property wins.

Comparable rentals

The closest rental listings with each unit's bedroom count, as of 2026-10-04. The estimate is the median asking rent of every rental we found nearby (the count is shown for each); houses are left out. Asking rents from Realtor.com rental listings, not signed leases.

2 bed estimate $1,425/mo · range $1,175–$1,500 · 8 rentals within 0.75 mi

Address	Rent	Bd / Ba	Sq ft	Distance	Listed	Type
701 E 3rd St, Saint Paul	$1,099	2 / 1	880	0.1 mi	2024-04-15	Apartment
283-289 Bates Ave, Saint Paul	$1,124	2 / 1	711	0.2 mi	2026-04-29	Apartment
665 Bedford St Unit 2, Saint Paul	$1,400	2 / 1	800	0.4 mi	2023-12-20	Duplex triplex
207 N Maple St, Saint Paul	$1,150	2 / 1	600	0.5 mi	2026-03-12	Apartment
685 Burr St, Saint Paul	$1,450	2 / 1	750	0.5 mi	2026-04-08	Apartment
468 Beaumont St E Unit 4, Saint Paul	$1,350	2 / 1	800	0.5 mi	2026-07-10	Apartment
948 Euclid St Unit 1, Saint Paul	$1,400	2 / 1	972	0.6 mi	2026-09-23	Apartment
650 Aguirre St, Saint Paul	$1,719	2 / 2	1,028	0.7 mi	2025-05-28	Apartment

On the maps, this property and comparable rentals. Comparable rentals and rent estimate: Realtor.com rental listings. Rents are asking rents from listings; check them against the actual leases.

Red flags and opportunities

Watch for

low$812 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 322922130081: special assessments (payable 2026) = $811.88

Opportunities

None found.

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 Public recordRamsey County record, payable 2026 (non-homestead)	$6,442
Insurance / yr Estimateestimate. from units, square feet and age; get a quote	$2,504
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 1884: +1 pt capital reserve	8% / 9%

Status history

2026-10-01New at $320,000

County record Public record

Recorded as	two family dwelling - up/dwn
Living units	2
Year built	1884
Market value (2026)	$303,800
Property tax, payable 2026	$6,442
Special assessments	$812
Homestead	no
Last sale	2023-04-17 · $290,000

Source: Ramsey County parcel records.

City rental certificate (CofO)

Residential 2 Units: 2 unit(s), A, status pending, renews 2028-06-30.

Nearest highway

I 94;US 10, about 253 m away.

Crime in Dayton's Bluff

971 incidents in the last 12 months (52 per 1,000 residents), −6% vs. the year before. St. Paul police incidents, excluding proactive visits and community events.