169 Sherburne Ave
Duplex · 2 units: 2 bed / 1 bath ×2 unit split estimated · 1,538 sq ft
Saint Paul, MN · Frogtown (Thomas-Dale) · View the listing ↗
Photos courtesy of Lakes Area Realty, via Realtor.com.
- Asking price
- $239,900 2 units · $120K per unit
- Monthly cash flow
- $372 at 20% down, 7%
- Estimated rent
- $3,000/mo medium confidence
- Break-even price
- $309,719 where cash flow hits $0
First look
This is a 2-unit up/down in Frogtown, asking $239,900, and our numbers show about $372/mo cash flow at an 8.2% cap on estimated rents of roughly $1,500 per 2-bed. That looks decent, but the listing gives no actual rents, so the income side is our guess, not the seller's. Unit 2 looks freshly turned over in the photos, but the cosmetics hide the basics: the home was built in 1874, and nothing is said about roof, panel, heating or foundation. The unit has been listed for 152 days and the rental license shows Pending, so ask why it hasn't sold. Get the rent roll, the license status and what the $1,952 assessment is before a showing.
Things to consider
- Rents are our estimate, not stated The cash flow of about $372/mo rests on our estimated $1,500 per unit. Real rents could be lower, especially with St. Paul's 3% cap on sitting tenants.
- Special assessments add to carrying cost The $1,952 on the tax bill is on top of $4,816 in taxes. Learn whether it recurs or is paid off at closing.
- Only the upper unit is shown renovated Unit 1 may need work before it rents at market. Budget for it until you see it.Listing says: “Pictures are of unit 2.”
- Owner pays water and sewer That cost comes out of rent and rises over time, so confirm actual bills for the last 12 months.Listing says: “Owner pays water/sewer!!”
- Very old building with unknown systems An 1874 structure may carry foundation, wiring and plumbing surprises that cosmetic updates hide. An inspection should come first.
From the photos
Based on 8 of the listing photos. Photos can hide as much as they show; an inspection is the real answer.
Condition and repairs
- doneUnit 2 freshly updated: new paint, carpet, flooring and kitchen appliancesListing says: new paint, new carpet, new flooring, and brand-new kitchen appliances throughout
- doneRemodeled bathroom in unit 2Listing says: the remodeled bathroom adds a modern touch
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
- $239,900
- Cash to close
- $31,187
- Price per unit
- $119,950
- GRM
- 6.7
Each month
- Cash flow
- $77/mo
- Cash-on-cash
- 3.0%
- Cap rate
- 8.2%
- DSCR
- 1.05×
Break-even
- Price that breaks even
- $251,664
- Rent that breaks even
- $2,900/mo
Long run
- Year 30: property vs stocks
- $1.38M vs $237K
- Cash flow turns positive
- year 1
The deal
- Price
- $239,900
- Cash to close
- $31,187
- Price per unit
- $119,950
- GRM
- 6.7
Each month
- Cash flow
- −$177/mo
- Cash-on-cash
- −6.8%
- Cap rate
- 7.0%
- DSCR
- 0.89×
Break-even
- Price that breaks even
- $212,917
- Rent that breaks even
- $3,258/mo
Long run
- Year 30: property vs stocks
- $1.02M vs $275K
- Cash flow turns positive
- year 5
The deal
- Price
- $229,900
- Cash to close
- $29,887
- Price per unit
- $114,950
- GRM
- 6.4
Each month
- Cash flow
- $143/mo
- Cash-on-cash
- 5.7%
- Cap rate
- 8.6%
- DSCR
- 1.09×
Break-even
- Price that breaks even
- $251,664
- Rent that breaks even
- $2,815/mo
Long run
- Year 30: property vs stocks
- $1.43M vs $228K
- Cash flow turns positive
- year 1
The deal
- Price
- $229,900
- Cash to close
- $29,887
- Price per unit
- $114,950
- GRM
- 6.4
Each month
- Cash flow
- −$111/mo
- Cash-on-cash
- −4.5%
- Cap rate
- 7.3%
- DSCR
- 0.93×
Break-even
- Price that breaks even
- $212,917
- Rent that breaks even
- $3,162/mo
Long run
- Year 30: property vs stocks
- $1.05M vs $245K
- Cash flow turns positive
- year 4
The deal
- Price
- $239,900
- Cash to close
- $55,177
- Price per unit
- $119,950
- GRM
- 6.7
Each month
- Cash flow
- $372/mo
- Cash-on-cash
- 8.1%
- Cap rate
- 8.2%
- DSCR
- 1.29×
Break-even
- Price that breaks even
- $309,719
- Rent that breaks even
- $2,517/mo
Long run
- Year 30: property vs stocks
- $1.60M vs $420K
- Cash flow turns positive
- year 1
The deal
- Price
- $239,900
- Cash to close
- $55,177
- Price per unit
- $119,950
- GRM
- 6.7
Each month
- Cash flow
- $118/mo
- Cash-on-cash
- 2.6%
- Cap rate
- 7.0%
- DSCR
- 1.09×
Break-even
- Price that breaks even
- $262,034
- Rent that breaks even
- $2,828/mo
Long run
- Year 30: property vs stocks
- $1.21M vs $420K
- Cash flow turns positive
- year 1
The deal
- Price
- $229,900
- Cash to close
- $52,877
- Price per unit
- $114,950
- GRM
- 6.4
Each month
- Cash flow
- $425/mo
- Cash-on-cash
- 9.6%
- Cap rate
- 8.6%
- DSCR
- 1.35×
Break-even
- Price that breaks even
- $309,719
- Rent that breaks even
- $2,448/mo
Long run
- Year 30: property vs stocks
- $1.64M vs $403K
- Cash flow turns positive
- year 1
The deal
- Price
- $229,900
- Cash to close
- $52,877
- Price per unit
- $114,950
- GRM
- 6.4
Each month
- Cash flow
- $171/mo
- Cash-on-cash
- 3.9%
- Cap rate
- 7.3%
- DSCR
- 1.14×
Break-even
- Price that breaks even
- $262,034
- Rent that breaks even
- $2,750/mo
Long run
- Year 30: property vs stocks
- $1.25M vs $403K
- Cash flow turns positive
- year 1
The deal
- Price
- $239,900
- Cash to close
- $67,172
- Price per unit
- $119,950
- GRM
- 6.7
Each month
- Cash flow
- $451/mo
- Cash-on-cash
- 8.1%
- Cap rate
- 8.2%
- DSCR
- 1.38×
Break-even
- Price that breaks even
- $330,367
- Rent that breaks even
- $2,414/mo
Long run
- Year 30: property vs stocks
- $1.69M vs $511K
- Cash flow turns positive
- year 1
The deal
- Price
- $239,900
- Cash to close
- $67,172
- Price per unit
- $119,950
- GRM
- 6.7
Each month
- Cash flow
- $198/mo
- Cash-on-cash
- 3.5%
- Cap rate
- 7.0%
- DSCR
- 1.17×
Break-even
- Price that breaks even
- $279,502
- Rent that breaks even
- $2,712/mo
Long run
- Year 30: property vs stocks
- $1.30M vs $511K
- Cash flow turns positive
- year 1
The deal
- Price
- $229,900
- Cash to close
- $64,372
- Price per unit
- $114,950
- GRM
- 6.4
Each month
- Cash flow
- $501/mo
- Cash-on-cash
- 9.3%
- Cap rate
- 8.6%
- DSCR
- 1.44×
Break-even
- Price that breaks even
- $330,367
- Rent that breaks even
- $2,349/mo
Long run
- Year 30: property vs stocks
- $1.73M vs $490K
- Cash flow turns positive
- year 1
The deal
- Price
- $229,900
- Cash to close
- $64,372
- Price per unit
- $114,950
- GRM
- 6.4
Each month
- Cash flow
- $248/mo
- Cash-on-cash
- 4.6%
- Cap rate
- 7.3%
- DSCR
- 1.22×
Break-even
- Price that breaks even
- $279,502
- Rent that breaks even
- $2,639/mo
Long run
- Year 30: property vs stocks
- $1.33M vs $490K
- Cash flow turns positive
- year 1
Monthly
Monthly breakdown
| Rent | $3,000 |
| Vacancy (6%) | −$180 |
| Collected | $2,820 |
| Property tax Public record | −$401 |
| Insurance Estimate | −$200 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$240 |
| Capital reserve (9% of rent) | −$270 |
| Net operating income | $1,648 |
| Mortgage (principal + interest) | −$1,436 |
| PMI | −$135 |
| Cash flow | $77 |
| Principal paid down (equity, not cash) | $183 |
| Rent | $3,000 |
| Vacancy (6%) | −$180 |
| Collected | $2,820 |
| Property tax Public record | −$401 |
| Insurance Estimate | −$200 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$240 |
| Capital reserve (9% of rent) | −$270 |
| Property management | −$254 |
| Net operating income | $1,395 |
| Mortgage (principal + interest) | −$1,436 |
| PMI | −$135 |
| Cash flow | −$177 |
| Principal paid down (equity, not cash) | $183 |
| Rent | $3,000 |
| Vacancy (6%) | −$180 |
| Collected | $2,820 |
| Property tax Public record | −$401 |
| Insurance Estimate | −$200 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$240 |
| Capital reserve (9% of rent) | −$270 |
| Net operating income | $1,648 |
| Mortgage (principal + interest) | −$1,377 |
| PMI | −$129 |
| Cash flow | $143 |
| Principal paid down (equity, not cash) | $175 |
| Rent | $3,000 |
| Vacancy (6%) | −$180 |
| Collected | $2,820 |
| Property tax Public record | −$401 |
| Insurance Estimate | −$200 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$240 |
| Capital reserve (9% of rent) | −$270 |
| Property management | −$254 |
| Net operating income | $1,395 |
| Mortgage (principal + interest) | −$1,377 |
| PMI | −$129 |
| Cash flow | −$111 |
| Principal paid down (equity, not cash) | $175 |
| Rent | $3,000 |
| Vacancy (6%) | −$180 |
| Collected | $2,820 |
| Property tax Public record | −$401 |
| Insurance Estimate | −$200 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$240 |
| Capital reserve (9% of rent) | −$270 |
| Net operating income | $1,648 |
| Mortgage (principal + interest) | −$1,277 |
| Cash flow | $372 |
| Principal paid down (equity, not cash) | $162 |
| Rent | $3,000 |
| Vacancy (6%) | −$180 |
| Collected | $2,820 |
| Property tax Public record | −$401 |
| Insurance Estimate | −$200 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$240 |
| Capital reserve (9% of rent) | −$270 |
| Property management | −$254 |
| Net operating income | $1,395 |
| Mortgage (principal + interest) | −$1,277 |
| Cash flow | $118 |
| Principal paid down (equity, not cash) | $162 |
| Rent | $3,000 |
| Vacancy (6%) | −$180 |
| Collected | $2,820 |
| Property tax Public record | −$401 |
| Insurance Estimate | −$200 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$240 |
| Capital reserve (9% of rent) | −$270 |
| Net operating income | $1,648 |
| Mortgage (principal + interest) | −$1,224 |
| Cash flow | $425 |
| Principal paid down (equity, not cash) | $156 |
| Rent | $3,000 |
| Vacancy (6%) | −$180 |
| Collected | $2,820 |
| Property tax Public record | −$401 |
| Insurance Estimate | −$200 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$240 |
| Capital reserve (9% of rent) | −$270 |
| Property management | −$254 |
| Net operating income | $1,395 |
| Mortgage (principal + interest) | −$1,224 |
| Cash flow | $171 |
| Principal paid down (equity, not cash) | $156 |
| Rent | $3,000 |
| Vacancy (6%) | −$180 |
| Collected | $2,820 |
| Property tax Public record | −$401 |
| Insurance Estimate | −$200 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$240 |
| Capital reserve (9% of rent) | −$270 |
| Net operating income | $1,648 |
| Mortgage (principal + interest) | −$1,197 |
| Cash flow | $451 |
| Principal paid down (equity, not cash) | $152 |
| Rent | $3,000 |
| Vacancy (6%) | −$180 |
| Collected | $2,820 |
| Property tax Public record | −$401 |
| Insurance Estimate | −$200 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$240 |
| Capital reserve (9% of rent) | −$270 |
| Property management | −$254 |
| Net operating income | $1,395 |
| Mortgage (principal + interest) | −$1,197 |
| Cash flow | $198 |
| Principal paid down (equity, not cash) | $152 |
| Rent | $3,000 |
| Vacancy (6%) | −$180 |
| Collected | $2,820 |
| Property tax Public record | −$401 |
| Insurance Estimate | −$200 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$240 |
| Capital reserve (9% of rent) | −$270 |
| Net operating income | $1,648 |
| Mortgage (principal + interest) | −$1,147 |
| Cash flow | $501 |
| Principal paid down (equity, not cash) | $146 |
| Rent | $3,000 |
| Vacancy (6%) | −$180 |
| Collected | $2,820 |
| Property tax Public record | −$401 |
| Insurance Estimate | −$200 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$240 |
| Capital reserve (9% of rent) | −$270 |
| Property management | −$254 |
| Net operating income | $1,395 |
| Mortgage (principal + interest) | −$1,147 |
| Cash flow | $248 |
| Principal paid down (equity, not cash) | $146 |
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
- $547,362
- Rental profits, invested at 7%
- $833,226
Sells for $582,300 (value up 3% a year), minus 6% selling cost ($34,938). Rent paid down $215,910 of loan.
$385,379 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $237,403
$31,187 put into an index fund instead of the down payment and closing costs.
The building comes out $1,143,185 ahead after 30 years.
- Your equity when you sell
- $547,362
- Rental profits, invested at 7%
- $475,955
Sells for $582,300 (value up 3% a year), minus 6% selling cost ($34,938). Rent paid down $215,910 of loan.
$246,143 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $237,403
- Monthly shortfalls, invested
- $37,514
$31,187 put into an index fund instead of the down payment and closing costs.
$5,659 you'd have paid in while the building lost money, invested instead.
The building comes out $748,400 ahead after 30 years.
- Your equity when you sell
- $524,546
- Rental profits, invested at 7%
- $902,839
Sells for $558,028 (value up 3% a year), minus 6% selling cost ($33,482). Rent paid down $206,910 of loan.
$407,205 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $227,507
$29,887 put into an index fund instead of the down payment and closing costs.
The building comes out $1,199,878 ahead after 30 years.
- Your equity when you sell
- $524,546
- Rental profits, invested at 7%
- $525,823
Sells for $558,028 (value up 3% a year), minus 6% selling cost ($33,482). Rent paid down $206,910 of loan.
$264,915 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $227,507
- Monthly shortfalls, invested
- $17,769
$29,887 put into an index fund instead of the down payment and closing costs.
$2,605 you'd have paid in while the building lost money, invested instead.
The building comes out $805,092 ahead after 30 years.
- Your equity when you sell
- $547,362
- Rental profits, invested at 7%
- $1,055,898
Sells for $582,300 (value up 3% a year), minus 6% selling cost ($34,938). Rent paid down $191,920 of loan.
$449,315 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $420,021
$55,177 put into an index fund instead of the down payment and closing costs.
The building comes out $1,183,239 ahead after 30 years.
- Your equity when you sell
- $547,362
- Rental profits, invested at 7%
- $661,112
Sells for $582,300 (value up 3% a year), minus 6% selling cost ($34,938). Rent paid down $191,920 of loan.
$304,419 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $420,021
$55,177 put into an index fund instead of the down payment and closing costs.
The building comes out $788,453 ahead after 30 years.
- Your equity when you sell
- $524,546
- Rental profits, invested at 7%
- $1,116,229
Sells for $558,028 (value up 3% a year), minus 6% selling cost ($33,482). Rent paid down $183,920 of loan.
$468,476 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $402,513
$52,877 put into an index fund instead of the down payment and closing costs.
The building comes out $1,238,262 ahead after 30 years.
- Your equity when you sell
- $524,546
- Rental profits, invested at 7%
- $721,443
Sells for $558,028 (value up 3% a year), minus 6% selling cost ($33,482). Rent paid down $183,920 of loan.
$323,580 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $402,513
$52,877 put into an index fund instead of the down payment and closing costs.
The building comes out $843,476 ahead after 30 years.
- Your equity when you sell
- $547,362
- Rental profits, invested at 7%
- $1,146,357
Sells for $582,300 (value up 3% a year), minus 6% selling cost ($34,938). Rent paid down $179,925 of loan.
$478,044 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $511,330
$67,172 put into an index fund instead of the down payment and closing costs.
The building comes out $1,182,389 ahead after 30 years.
- Your equity when you sell
- $547,362
- Rental profits, invested at 7%
- $751,571
Sells for $582,300 (value up 3% a year), minus 6% selling cost ($34,938). Rent paid down $179,925 of loan.
$333,148 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $511,330
$67,172 put into an index fund instead of the down payment and closing costs.
The building comes out $787,604 ahead after 30 years.
- Your equity when you sell
- $524,546
- Rental profits, invested at 7%
- $1,202,917
Sells for $558,028 (value up 3% a year), minus 6% selling cost ($33,482). Rent paid down $172,425 of loan.
$496,007 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $490,016
$64,372 put into an index fund instead of the down payment and closing costs.
The building comes out $1,237,447 ahead after 30 years.
- Your equity when you sell
- $524,546
- Rental profits, invested at 7%
- $808,132
Sells for $558,028 (value up 3% a year), minus 6% selling cost ($33,482). Rent paid down $172,425 of loan.
$351,111 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $490,016
$64,372 put into an index fund instead of the down payment and closing costs.
The building comes out $842,662 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 $1.38M, stocks $237K. The property wins.
Year 30 (loan paid off): property $1.02M, stocks $275K. The property wins.
Year 30 (loan paid off): property $1.43M, stocks $228K. The property wins.
Year 30 (loan paid off): property $1.05M, stocks $245K. The property wins.
Year 30 (loan paid off): property $1.60M, stocks $420K. The property wins.
Year 30 (loan paid off): property $1.21M, stocks $420K. The property wins.
Year 30 (loan paid off): property $1.64M, stocks $403K. The property wins.
Year 30 (loan paid off): property $1.25M, stocks $403K. The property wins.
Year 30 (loan paid off): property $1.69M, stocks $511K. The property wins.
Year 30 (loan paid off): property $1.30M, stocks $511K. The property wins.
Year 30 (loan paid off): property $1.73M, stocks $490K. The property wins.
Year 30 (loan paid off): property $1.33M, stocks $490K. The property wins.
Comparable rentals
Nearby rentals RentCast matched to each unit type, as of 2026-10-05. The estimate above is RentCast's, weighted toward the closest matches.
2 bed / 1 bath estimate $1,500/mo · range $1,225–$1,800
| Address | Rent | Bd / Ba | Distance | Match |
|---|---|---|---|---|
| 813 N Capitol Hts, Saint Paul 55103 off market | $1,145 | 2 / 1 | 0.4 mi | 99% |
| 203-207 Virginia St, Saint Paul 55102 off market | $1,825 | 2 / 1 | 0.7 mi | 95% |
| 581 Park St, Saint Paul 55103 | $1,549 | 2 / 1 | 0.2 mi | 94% |
| 240 W Fuller Ave, Unit 9, Saint Paul 55103 off market | $975 | 2 / 1 | 0.3 mi | 94% |
| 266 W Fuller Ave, Unit 12, Saint Paul 55103 off market | $975 | 2 / 1 | 0.3 mi | 94% |
| 425 Dayton Ave, Saint Paul 55102 off market | $1,450 | 2 / 1 | 0.8 mi | 93% |
| 842 Rice St, Apt 303, Saint Paul 55117 off market | $1,695 | 2 / 1 | 0.7 mi | 93% |
| 842 Rice St, Apt 302, Saint Paul 55117 off market | $1,695 | 2 / 1 | 0.7 mi | 93% |
| 138 Arundel St, Saint Paul 55102 off market | $1,300 | 2 / 1 | 0.9 mi | 93% |
| 310 Marshall Ave, Saint Paul 55102 off market | $1,695 | 2 / 1 | 0.7 mi | 92% |
On the maps, this property and comparable rentals. Comparable rentals and rent estimate: RentCast. Rents are asking rents from listings; check them against the actual leases.
Red flags and opportunities
Watch for
- medium$1,952 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 362923140056: special assessments (payable 2026) = $1,952.38
- mediumBuilt in 1874 with no system ages given (roof, wiring, heat, foundation). Cosmetic updates may cover older systems. Based on: data: listing.year_built · AI review
- mediumRental license shows Pending and the listed expiry date has passed. Confirm the 2-unit license is current and that the property is in good standing. Based on: data: city.rental_license · AI review
- mediumListing shows heavy cosmetic work only in unit 2, so unit 1 condition is unknown. Listing says: Pictures are of unit 2. · AI review
- lowOwner pays water and sewer, and trash is billed to tenants at $45 a month. Check that the trash charge is legal and how it is collected, since it can count toward the rent cap. Listing says: trash is a $45 monthly fee Owner pays water/sewer!! · AI review
Opportunities
- Long time on market: room to negotiate. Based on: Listing data: 152 days on market
- Each unit has in-unit washer and dryer and a private deck, which supports rent and tenant retention. Listing says: in-unit washer and dryer in each unit · AI review
- Large 2-beds with big kitchens and a pantry can compete well for rent against our estimate. Listing says: Huge kitchen with large pantry · AI review
- 152 days on market gives room to negotiate on price or credits. Based on: data: listing.days_on_market · AI review
Questions for the agent
- What are the current rents, lease types and end dates for both units, and can I see the rent roll and leases?
- What are the special assessments for, and does the seller pay them at closing?
- Is the rental license current, and when was the last city inspection?
- How old are the roof, furnace, water heater and electrical panel?
- Does each unit have its own furnace and meters, and how are water, sewer and trash billed?
- Why has it been listed for 152 days, and have there been any price changes or failed deals?
Bottom line
Numbers work on paper at about 8% cap, but there are no stated rents and an 1874 building, so verify rents, systems and the assessments before getting excited. AI-assisted summary
What the records say
Where each number comes from
| Property tax / yr Public recordRamsey County record, payable 2026 (non-homestead) | $4,816 |
| Insurance / yr Estimateestimate. from units, square feet and age; get a quote | $2,403 |
| Water, sewer, trash / mo Listinglisting. tenants pay water | $0 |
| 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 1874: +1 pt capital reserve | 8% / 9% |
Price history Realtor.com
On the market since 2026-05-06 (152 days); last sold for $201,530 on 2022-07-06; listed for rent at $1,295/mo on 2022-08-18.
| Date | Event | Price |
|---|---|---|
| Removed | $229,999 | |
| Listed | $239,900 | |
| Removed | — | |
| Listed for rent | $1,295/mo | |
| Sold | $201,530 | |
| Price changed | $209,900 | |
| Listed | $215,000 | |
| Removed | $139,900 | |
| Sold public record | $103,000 | |
| Sold public record | $72,500 |
County record Public record
| Recorded as | two family dwelling - up/dwn |
| Living units | 2 |
| Year built | 1874 |
| Market value (2026) | $237,000 |
| Property tax, payable 2026 | $4,816 |
| Special assessments | $1,952 |
| Homestead | no |
| Last sale | 2022-06-29 |
Source: Ramsey County parcel records.
City rental certificate (CofO)
Residential 2 Units: 2 unit(s), A, status pending, renews 2026-01-31.
Nearest highway
I 94, about 668 m away.
Crime in Frogtown
824 incidents in the last 12 months (53 per 1,000 residents), −26% vs. the year before. St. Paul police incidents, excluding proactive visits and community events.