1083 Chatsworth St N
Fourplex · 4 units: 2 bed / 1 bath and 1 bed / 1 bath ×3 unit split estimated · 3,080 sq ft
Saint Paul, MN · Como Park · View the listing ↗
Photos courtesy of Keller Williams Realty, via Realtor.com.
- Asking price
- $550,000 4 units · $138K per unit
- Monthly cash flow
- −$501 at 20% down, 7%
- Break-even price
- $455,853 where cash flow hits $0
First look
At $550K this 4-plex doesn't work at today's rates. Our underwriting shows about -$501/mo cash flow at asking, a 5.3% cap rate, and a break-even price near $456K, so the ask is roughly $94K too high. The description gives no rents, no lease terms, no utility info and no heat type, and the photos show radiators, so ask whether it's one boiler or several. The seller's 2021 purchase was $475K. The listing also says only 'remodeled units' were updated, and the photos show some units are far more finished than others. Get the rent roll, the rental license status and the assessment details before a showing. Without those, I'd only tour it if the seller is open to a price near $455K.
Things to consider
- Price is far above what the rents support At ask the building loses about $501/mo, and break-even is about $456K. You would be paying for hope, not income.
- No rents or rent roll The whole case rests on unverified rents. Stated rents below our estimates would make the numbers worse.
- Rental license is missing from city data An unlicensed building can mean fines, required repairs or delays before you can legally collect rent.
- Uneven renovation between units Photos show both new and dated kitchens and baths. Budget for the weaker units before assuming rent growth.From photo 5
- Heat and utility setup is unknown If the owner pays boiler heat for four units, that can erase a lot of income.From photo 7
- Special assessments on the tax bill $1,102 adds to carrying cost unless the seller pays it at closing.
From the photos
Based on 10 of the listing photos. Photos can hide as much as they show; an inspection is the real answer.
Condition and repairs
- doneUpdated kitchens and baths, new flooring and paint in the remodeled units onlyListing says: Updates on the remodeled units include new flooring, updated kitchens and baths, and new paint throughout.
AI-assisted first read of the listing description and photos (Claude), checked against public records. Every rent and repair above quotes the listing; verify with the agent, leases and an inspection.
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
- $550,000
- Cash to close
- $71,500
- Price per unit
- $137,500
- GRM
- 9.5
Each month
- Cash flow
- −$1,176/mo
- Cash-on-cash
- −19.7%
- Cap rate
- 5.3%
- DSCR
- 0.67×
Break-even
- Price that breaks even
- $370,406
- Rent that breaks even
- $6,328/mo
Long run
- Year 30: property vs stocks
- $1.56M vs $1.02M
- Cash flow turns positive
- year 13
The deal
- Price
- $550,000
- Cash to close
- $71,500
- Price per unit
- $137,500
- GRM
- 9.5
Each month
- Cash flow
- −$1,582/mo
- Cash-on-cash
- −26.6%
- Cap rate
- 4.4%
- DSCR
- 0.56×
Break-even
- Price that breaks even
- $308,411
- Rent that breaks even
- $7,109/mo
Long run
- Year 30: property vs stocks
- $1.34M vs $1.43M
- Cash flow turns positive
- year 20
The deal
- Price
- $540,000
- Cash to close
- $70,200
- Price per unit
- $135,000
- GRM
- 9.4
Each month
- Cash flow
- −$1,111/mo
- Cash-on-cash
- −19.0%
- Cap rate
- 5.4%
- DSCR
- 0.69×
Break-even
- Price that breaks even
- $370,406
- Rent that breaks even
- $6,243/mo
Long run
- Year 30: property vs stocks
- $1.56M vs $969K
- Cash flow turns positive
- year 12
The deal
- Price
- $540,000
- Cash to close
- $70,200
- Price per unit
- $135,000
- GRM
- 9.4
Each month
- Cash flow
- −$1,517/mo
- Cash-on-cash
- −25.9%
- Cap rate
- 4.5%
- DSCR
- 0.57×
Break-even
- Price that breaks even
- $308,411
- Rent that breaks even
- $7,013/mo
Long run
- Year 30: property vs stocks
- $1.33M vs $1.36M
- Cash flow turns positive
- year 19
The deal
- Price
- $550,000
- Cash to close
- $126,500
- Price per unit
- $137,500
- GRM
- 9.5
Each month
- Cash flow
- −$501/mo
- Cash-on-cash
- −4.8%
- Cap rate
- 5.3%
- DSCR
- 0.83×
Break-even
- Price that breaks even
- $455,853
- Rent that breaks even
- $5,451/mo
Long run
- Year 30: property vs stocks
- $1.75M vs $1.12M
- Cash flow turns positive
- year 8
The deal
- Price
- $550,000
- Cash to close
- $126,500
- Price per unit
- $137,500
- GRM
- 9.5
Each month
- Cash flow
- −$907/mo
- Cash-on-cash
- −8.6%
- Cap rate
- 4.4%
- DSCR
- 0.69×
Break-even
- Price that breaks even
- $379,557
- Rent that breaks even
- $6,124/mo
Long run
- Year 30: property vs stocks
- $1.43M vs $1.43M
- Cash flow turns positive
- year 16
The deal
- Price
- $540,000
- Cash to close
- $124,200
- Price per unit
- $135,000
- GRM
- 9.4
Each month
- Cash flow
- −$448/mo
- Cash-on-cash
- −4.3%
- Cap rate
- 5.4%
- DSCR
- 0.84×
Break-even
- Price that breaks even
- $455,853
- Rent that breaks even
- $5,382/mo
Long run
- Year 30: property vs stocks
- $1.76M vs $1.07M
- Cash flow turns positive
- year 8
The deal
- Price
- $540,000
- Cash to close
- $124,200
- Price per unit
- $135,000
- GRM
- 9.4
Each month
- Cash flow
- −$854/mo
- Cash-on-cash
- −8.3%
- Cap rate
- 4.5%
- DSCR
- 0.70×
Break-even
- Price that breaks even
- $379,557
- Rent that breaks even
- $6,046/mo
Long run
- Year 30: property vs stocks
- $1.42M vs $1.37M
- Cash flow turns positive
- year 15
The deal
- Price
- $550,000
- Cash to close
- $154,000
- Price per unit
- $137,500
- GRM
- 9.5
Each month
- Cash flow
- −$318/mo
- Cash-on-cash
- −2.5%
- Cap rate
- 5.3%
- DSCR
- 0.88×
Break-even
- Price that breaks even
- $486,243
- Rent that breaks even
- $5,213/mo
Long run
- Year 30: property vs stocks
- $1.87M vs $1.24M
- Cash flow turns positive
- year 6
The deal
- Price
- $550,000
- Cash to close
- $154,000
- Price per unit
- $137,500
- GRM
- 9.5
Each month
- Cash flow
- −$724/mo
- Cash-on-cash
- −5.6%
- Cap rate
- 4.4%
- DSCR
- 0.74×
Break-even
- Price that breaks even
- $404,860
- Rent that breaks even
- $5,857/mo
Long run
- Year 30: property vs stocks
- $1.49M vs $1.50M
- Cash flow turns positive
- year 13
The deal
- Price
- $540,000
- Cash to close
- $151,200
- Price per unit
- $135,000
- GRM
- 9.4
Each month
- Cash flow
- −$268/mo
- Cash-on-cash
- −2.1%
- Cap rate
- 5.4%
- DSCR
- 0.90×
Break-even
- Price that breaks even
- $486,243
- Rent that breaks even
- $5,148/mo
Long run
- Year 30: property vs stocks
- $1.89M vs $1.20M
- Cash flow turns positive
- year 5
The deal
- Price
- $540,000
- Cash to close
- $151,200
- Price per unit
- $135,000
- GRM
- 9.4
Each month
- Cash flow
- −$674/mo
- Cash-on-cash
- −5.4%
- Cap rate
- 4.5%
- DSCR
- 0.75×
Break-even
- Price that breaks even
- $404,860
- Rent that breaks even
- $5,784/mo
Long run
- Year 30: property vs stocks
- $1.49M vs $1.44M
- Cash flow turns positive
- year 12
Monthly
Monthly breakdown
| Rent | $4,800 |
| Vacancy (6%) | −$288 |
| Collected | $4,512 |
| Property tax Public record | −$469 |
| Insurance Estimate | −$401 |
| Water, sewer, trash Estimate | −$340 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$384 |
| Capital reserve (9% of rent) | −$432 |
| Net operating income | $2,426 |
| Mortgage (principal + interest) | −$3,293 |
| PMI | −$309 |
| Cash flow | −$1,176 |
| Principal paid down (equity, not cash) | $419 |
| Rent | $4,800 |
| Vacancy (6%) | −$288 |
| Collected | $4,512 |
| Property tax Public record | −$469 |
| Insurance Estimate | −$401 |
| Water, sewer, trash Estimate | −$340 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$384 |
| Capital reserve (9% of rent) | −$432 |
| Property management | −$406 |
| Net operating income | $2,020 |
| Mortgage (principal + interest) | −$3,293 |
| PMI | −$309 |
| Cash flow | −$1,582 |
| Principal paid down (equity, not cash) | $419 |
| Rent | $4,800 |
| Vacancy (6%) | −$288 |
| Collected | $4,512 |
| Property tax Public record | −$469 |
| Insurance Estimate | −$401 |
| Water, sewer, trash Estimate | −$340 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$384 |
| Capital reserve (9% of rent) | −$432 |
| Net operating income | $2,426 |
| Mortgage (principal + interest) | −$3,233 |
| PMI | −$304 |
| Cash flow | −$1,111 |
| Principal paid down (equity, not cash) | $411 |
| Rent | $4,800 |
| Vacancy (6%) | −$288 |
| Collected | $4,512 |
| Property tax Public record | −$469 |
| Insurance Estimate | −$401 |
| Water, sewer, trash Estimate | −$340 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$384 |
| Capital reserve (9% of rent) | −$432 |
| Property management | −$406 |
| Net operating income | $2,020 |
| Mortgage (principal + interest) | −$3,233 |
| PMI | −$304 |
| Cash flow | −$1,517 |
| Principal paid down (equity, not cash) | $411 |
| Rent | $4,800 |
| Vacancy (6%) | −$288 |
| Collected | $4,512 |
| Property tax Public record | −$469 |
| Insurance Estimate | −$401 |
| Water, sewer, trash Estimate | −$340 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$384 |
| Capital reserve (9% of rent) | −$432 |
| Net operating income | $2,426 |
| Mortgage (principal + interest) | −$2,927 |
| Cash flow | −$501 |
| Principal paid down (equity, not cash) | $372 |
| Rent | $4,800 |
| Vacancy (6%) | −$288 |
| Collected | $4,512 |
| Property tax Public record | −$469 |
| Insurance Estimate | −$401 |
| Water, sewer, trash Estimate | −$340 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$384 |
| Capital reserve (9% of rent) | −$432 |
| Property management | −$406 |
| Net operating income | $2,020 |
| Mortgage (principal + interest) | −$2,927 |
| Cash flow | −$907 |
| Principal paid down (equity, not cash) | $372 |
| Rent | $4,800 |
| Vacancy (6%) | −$288 |
| Collected | $4,512 |
| Property tax Public record | −$469 |
| Insurance Estimate | −$401 |
| Water, sewer, trash Estimate | −$340 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$384 |
| Capital reserve (9% of rent) | −$432 |
| Net operating income | $2,426 |
| Mortgage (principal + interest) | −$2,874 |
| Cash flow | −$448 |
| Principal paid down (equity, not cash) | $366 |
| Rent | $4,800 |
| Vacancy (6%) | −$288 |
| Collected | $4,512 |
| Property tax Public record | −$469 |
| Insurance Estimate | −$401 |
| Water, sewer, trash Estimate | −$340 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$384 |
| Capital reserve (9% of rent) | −$432 |
| Property management | −$406 |
| Net operating income | $2,020 |
| Mortgage (principal + interest) | −$2,874 |
| Cash flow | −$854 |
| Principal paid down (equity, not cash) | $366 |
| Rent | $4,800 |
| Vacancy (6%) | −$288 |
| Collected | $4,512 |
| Property tax Public record | −$469 |
| Insurance Estimate | −$401 |
| Water, sewer, trash Estimate | −$340 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$384 |
| Capital reserve (9% of rent) | −$432 |
| Net operating income | $2,426 |
| Mortgage (principal + interest) | −$2,744 |
| Cash flow | −$318 |
| Principal paid down (equity, not cash) | $349 |
| Rent | $4,800 |
| Vacancy (6%) | −$288 |
| Collected | $4,512 |
| Property tax Public record | −$469 |
| Insurance Estimate | −$401 |
| Water, sewer, trash Estimate | −$340 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$384 |
| Capital reserve (9% of rent) | −$432 |
| Property management | −$406 |
| Net operating income | $2,020 |
| Mortgage (principal + interest) | −$2,744 |
| Cash flow | −$724 |
| Principal paid down (equity, not cash) | $349 |
| Rent | $4,800 |
| Vacancy (6%) | −$288 |
| Collected | $4,512 |
| Property tax Public record | −$469 |
| Insurance Estimate | −$401 |
| Water, sewer, trash Estimate | −$340 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$384 |
| Capital reserve (9% of rent) | −$432 |
| Net operating income | $2,426 |
| Mortgage (principal + interest) | −$2,694 |
| Cash flow | −$268 |
| Principal paid down (equity, not cash) | $343 |
| Rent | $4,800 |
| Vacancy (6%) | −$288 |
| Collected | $4,512 |
| Property tax Public record | −$469 |
| Insurance Estimate | −$401 |
| Water, sewer, trash Estimate | −$340 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$384 |
| Capital reserve (9% of rent) | −$432 |
| Property management | −$406 |
| Net operating income | $2,020 |
| Mortgage (principal + interest) | −$2,694 |
| Cash flow | −$674 |
| 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
How those totals add up
- Your equity when you sell
- $1,254,894
- Rental profits, invested at 7%
- $306,803
Sells for $1,334,994 (value up 3% a year), minus 6% selling cost ($80,100). Rent paid down $495,000 of loan.
$205,189 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $544,276
- Monthly shortfalls, invested
- $478,440
$71,500 put into an index fund instead of the down payment and closing costs.
$82,125 you'd have paid in while the building lost money, invested instead.
The building comes out $538,981 ahead after 30 years.
- Your equity when you sell
- $1,254,894
- Rental profits, invested at 7%
- $83,663
Sells for $1,334,994 (value up 3% a year), minus 6% selling cost ($80,100). Rent paid down $495,000 of loan.
$66,960 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $544,276
- Monthly shortfalls, invested
- $886,956
$71,500 put into an index fund instead of the down payment and closing costs.
$175,728 you'd have paid in while the building lost money, invested instead.
Stocks come out $92,676 ahead after 30 years.
- Your equity when you sell
- $1,232,079
- Rental profits, invested at 7%
- $332,407
Sells for $1,310,722 (value up 3% a year), minus 6% selling cost ($78,643). Rent paid down $486,000 of loan.
$218,470 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $534,380
- Monthly shortfalls, invested
- $434,431
$70,200 put into an index fund instead of the down payment and closing costs.
$73,580 you'd have paid in while the building lost money, invested instead.
The building comes out $595,674 ahead after 30 years.
- Your equity when you sell
- $1,232,079
- Rental profits, invested at 7%
- $95,229
Sells for $1,310,722 (value up 3% a year), minus 6% selling cost ($78,643). Rent paid down $486,000 of loan.
$74,971 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $534,380
- Monthly shortfalls, invested
- $828,910
$70,200 put into an index fund instead of the down payment and closing costs.
$161,913 you'd have paid in while the building lost money, invested instead.
Stocks come out $35,982 ahead after 30 years.
- Your equity when you sell
- $1,254,894
- Rental profits, invested at 7%
- $492,366
Sells for $1,334,994 (value up 3% a year), minus 6% selling cost ($80,100). Rent paid down $440,000 of loan.
$294,231 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $962,950
- Monthly shortfalls, invested
- $153,502
$126,500 put into an index fund instead of the down payment and closing costs.
$24,586 you'd have paid in while the building lost money, invested instead.
The building comes out $630,809 ahead after 30 years.
- Your equity when you sell
- $1,254,894
- Rental profits, invested at 7%
- $173,725
Sells for $1,334,994 (value up 3% a year), minus 6% selling cost ($80,100). Rent paid down $440,000 of loan.
$124,475 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $962,950
- Monthly shortfalls, invested
- $466,517
$126,500 put into an index fund instead of the down payment and closing costs.
$86,663 you'd have paid in while the building lost money, invested instead.
Stocks come out $848 ahead after 30 years.
- Your equity when you sell
- $1,232,079
- Rental profits, invested at 7%
- $526,495
Sells for $1,310,722 (value up 3% a year), minus 6% selling cost ($78,643). Rent paid down $432,000 of loan.
$308,921 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $945,442
- Monthly shortfalls, invested
- $127,300
$124,200 put into an index fund instead of the down payment and closing costs.
$20,115 you'd have paid in while the building lost money, invested instead.
The building comes out $685,832 ahead after 30 years.
- Your equity when you sell
- $1,232,079
- Rental profits, invested at 7%
- $191,325
Sells for $1,310,722 (value up 3% a year), minus 6% selling cost ($78,643). Rent paid down $432,000 of loan.
$134,617 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $945,442
- Monthly shortfalls, invested
- $423,787
$124,200 put into an index fund instead of the down payment and closing costs.
$77,645 you'd have paid in while the building lost money, invested instead.
The building comes out $54,175 ahead after 30 years.
- Your equity when you sell
- $1,254,894
- Rental profits, invested at 7%
- $617,790
Sells for $1,334,994 (value up 3% a year), minus 6% selling cost ($80,100). Rent paid down $412,500 of loan.
$346,410 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $1,172,287
- Monthly shortfalls, invested
- $71,537
$154,000 put into an index fund instead of the down payment and closing costs.
$10,900 you'd have paid in while the building lost money, invested instead.
The building comes out $628,861 ahead after 30 years.
- Your equity when you sell
- $1,254,894
- Rental profits, invested at 7%
- $239,370
Sells for $1,334,994 (value up 3% a year), minus 6% selling cost ($80,100). Rent paid down $412,500 of loan.
$161,070 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $1,172,287
- Monthly shortfalls, invested
- $324,774
$154,000 put into an index fund instead of the down payment and closing costs.
$57,394 you'd have paid in while the building lost money, invested instead.
Stocks come out $2,797 ahead after 30 years.
- Your equity when you sell
- $1,232,079
- Rental profits, invested at 7%
- $656,204
Sells for $1,310,722 (value up 3% a year), minus 6% selling cost ($78,643). Rent paid down $405,000 of loan.
$361,479 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $1,150,973
- Monthly shortfalls, invested
- $53,391
$151,200 put into an index fund instead of the down payment and closing costs.
$8,006 you'd have paid in while the building lost money, invested instead.
The building comes out $683,918 ahead after 30 years.
- Your equity when you sell
- $1,232,079
- Rental profits, invested at 7%
- $259,960
Sells for $1,310,722 (value up 3% a year), minus 6% selling cost ($78,643). Rent paid down $405,000 of loan.
$171,917 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $1,150,973
- Monthly shortfalls, invested
- $288,803
$151,200 put into an index fund instead of the down payment and closing costs.
$50,277 you'd have paid in while the building lost money, invested instead.
The building comes out $52,262 ahead after 30 years.
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
Year 30 (loan paid off): property $1.56M, stocks $1.02M. The property wins.
Year 30 (loan paid off): property $1.34M, stocks $1.43M. Stocks win.
Year 30 (loan paid off): property $1.56M, stocks $969K. The property wins.
Year 30 (loan paid off): property $1.33M, stocks $1.36M. Stocks win.
Year 30 (loan paid off): property $1.75M, stocks $1.12M. The property wins.
Year 30 (loan paid off): property $1.43M, stocks $1.43M. Stocks win.
Year 30 (loan paid off): property $1.76M, stocks $1.07M. The property wins.
Year 30 (loan paid off): property $1.42M, stocks $1.37M. The property wins.
Year 30 (loan paid off): property $1.87M, stocks $1.24M. The property wins.
Year 30 (loan paid off): property $1.49M, stocks $1.50M. Stocks win.
Year 30 (loan paid off): property $1.89M, stocks $1.20M. The property wins.
Year 30 (loan paid off): property $1.49M, stocks $1.44M. The property wins.
Comparable rentals
The closest rental listings with each unit's bedroom count, as of 2026-10-06. 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 $1,500/mo · range $1,300–$1,850 · 19 rentals within 1.5 mi
| Address | Rent | Bd / Ba | Distance |
|---|---|---|---|
| 837 Como Ave, Saint Paul | $1,210 | 2 / 1 | 0.4 mi |
| 805 Como Ave, Saint Paul | $1,199 | 2 / 1 | 0.5 mi |
| 761 Como Ave, Saint Paul | $1,369 | 2 / 1 | 0.5 mi |
| 1370 Carling Dr, Saint Paul | $2,106 | 2 / 1.5 | 0.8 mi |
| 1351 Carling Dr, Saint Paul | $1,763 | 2 / 1 | 0.8 mi |
| 1125 Hamline Ave N, Saint Paul | $1,628 | 2 / 1 | 0.8 mi |
| 1385 Jessamine Ave W, Saint Paul | $1,495 | 2 / 1 | 0.8 mi |
| 1270 Seminary Ave, Saint Paul | $1,500 | 2 / 1 | 0.9 mi |
| 1010 Lafond Ave Apt 1, Saint Paul | $1,225 | 2 / 1 | 1.0 mi |
| 579 Van Buren Ave, Saint Paul | $1,275 | 2 / 1 | 1.2 mi |
1 bed estimate $1,100/mo · range $1,000–$1,425 · 25 rentals within 1.5 mi
| Address | Rent | Bd / Ba | Distance |
|---|---|---|---|
| 1083 Chatsworth St N Apt 4, Saint Paul | $1,100 | 1 / 1 | 0.0 mi |
| 837 Como Ave, Saint Paul | $1,000 | 1 / 1 | 0.4 mi |
| 1180 Cushing Cir, Saint Paul | $1,505 | 1 / 1 | 0.4 mi |
| 714 Jessamine Ave W, Saint Paul | $999 | 1 / 1 | 0.6 mi |
| 995 St Albans St N Unit 203, Saint Paul | $1,050 | 1 / 1 | 0.7 mi |
| 1370 Carling Dr, Saint Paul | $1,495 | 1 / 1 | 0.8 mi |
| 848 Englewood Ave, Saint Paul | $1,423 | 1 / 1 | 0.8 mi |
| 1351 Carling Dr, Saint Paul | $1,427 | 1 / 1 | 0.8 mi |
| 1125 Hamline Ave N, Saint Paul | $1,413 | 1 / 1 | 0.8 mi |
| 594 Lawson Ave W, Saint Paul | $899 | 1 / 1 | 0.8 mi |
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
- highDescription gives no rents, lease terms or occupancy, so income is unverified Listing says: the rental demand in this area remains consistently strong · AI review
- highPriced well above our break-even, and the seller paid $475K in 2021 Based on: data: underwriting.break_even_price · AI review
- mediumNo rental certificate (CofO) on file in the city's data. Ask whether the building is licensed as a rental and when it was last inspected. Public record: St. Paul Certificate of Occupancy – Residential: no record for 1083 CHATSWORTH ST N (dataset last updated mid-2025)
- medium$1,102 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 262923220145: special assessments (payable 2026) = $1,101.88
- mediumOnly some units are remodeled, so the others may be dated and need capital Listing says: Updates on the remodeled units include new flooring, updated kitchens and baths, and new paint throughout. · AI review
- mediumRadiators in photos suggest boiler heat; owner may be paying heat for four units Based on: photo 7 · AI review
Opportunities
- Unremodeled units could be refreshed to push rents toward our estimates, though St. Paul's 3% cap limits increases on sitting tenants Based on: data: rent_estimate · AI review
- Owner-occupant house-hack angle widens the buyer pool, but the numbers still need the price to come down Listing says: house hack your way into real estate investing · AI review
Questions for the agent
- Can I see the current rent roll, lease dates and 12 months of expenses?
- Which units are remodeled and which are not?
- Is the building licensed as a 4-unit rental, and when was the last city inspection?
- What are the $1,102 special assessments for, and does the seller pay them at closing?
- Is heat one boiler or separate systems, and who pays each utility?
- What are the ages of the roof, boiler, water heaters and electrical panels?
Bottom line
A decent-looking Como Park 4-plex, but at $550K with no rents given it loses money every month, so the price needs to drop a lot. AI-assisted summary
What the records say
Where each number comes from
| Property tax / yr Public recordRamsey County record, payable 2026 (non-homestead) | $5,630 |
| Insurance / yr Estimateestimate. from units, square feet and age; get a quote | $4,807 |
| Water, sewer, trash / mo Estimateestimate. $85/unit/mo, owner-paid | $340 |
| 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 1900: +1 pt capital reserve | 8% / 9% |
Price history Realtor.com
On the market since 2026-02-28 (219 days); down $25,000 (4.3%) from the first ask of $575,000; last sold for $475,000 on 2021-07-12.
| Date | Event | Price |
|---|---|---|
| Listed | $550,000 | |
| Removed | $550,000 | |
| Removed | $599,000 | |
| Relisted | $550,000 | |
| Removed | $599,000 | |
| Removed | — | |
| Listed | $575,000 | |
| Sold | $475,000 | |
| Price changed | $485,000 | |
| Listed | $500,000 | |
| Sold public record | $121,000 |
County record Public record
| Recorded as | apartments 4-6 rental units |
| Living units | 4 |
| Year built | 1900 |
| Market value (2026) | $447,400 |
| Property tax, payable 2026 | $5,630 |
| Special assessments | $1,102 |
| Homestead | no |
| Last sale | 2021-07-12 · $475,000 |
Source: Ramsey County parcel records.
City rental certificate (CofO)
No record in St. Paul Certificate of Occupancy – Residential (dataset last updated mid-2025).
Nearest highway
I 94, about 2461 m away.
Crime in Como Park
434 incidents in the last 12 months (27 per 1,000 residents), −8% vs. the year before. St. Paul police incidents, excluding proactive visits and community events.