416 Daly St
Duplex · 2 units: 3 bed / 1 bath ×2 unit split estimated · 2,378 sq ft
Saint Paul, MN · West Seventh – Fort Road (West 7th, Irvine Park) · View the listing ↗
Photos courtesy of NRT-Minnesota (CB Burnet), via Realtor.com.
- Asking price
- $399,900 2 units · $200K per unit
- Monthly cash flow
- $110 at 20% down, 7%
- Estimated rent
- $4,300/mo medium confidence
- Break-even price
- $420,580 where cash flow hits $0
First look
This is a renovated 1900 brick up/down in St. Paul at $399,900, and the numbers work, barely. Our underwriting shows about +$110 a month at ask, with break-even near $420,580. Two 3-bed units at roughly $2,150 each can carry this price, but the 3% rent cap limits how fast you can grow income. The updates look decent but cosmetic, so confirm the permits and the actual age of the boiler and roof. It's been on the market 66 days, so there's room to negotiate, and it could work as an investment or an owner-occupant deal.
Things to consider
- Price is thin for investors Cash flow is about +$110 a month at ask. Break-even is roughly $21K higher, so there is little cushion.
- Rent growth is capped St. Paul limits increases for sitting tenants to 3% a year, so you can't quickly raise rents to build more cushion.
- Verify the updates The new roof, boiler and sewer are the big-ticket items. Permits and dates determine whether reserves can stay low.Listing says: “Recent updates include a new roof, boiler, updated kitchen, new flooring, fresh paint and new sewer line”
- Taxes and assessments weigh on income Non-homestead tax plus assessments add thousands a year in cost that the listing's homestead framing ignores.
- Owner-occupant angle is still an option Living in one unit may offset costs, but you'd still be paying well above county value.Listing says: “ideal for an owner-occupant looking to offset housing costs”
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
- doneNew roofListing says: Recent updates include a new roof, boiler, updated kitchen, new flooring, fresh paint and new sewer line
- doneNew boilerListing says: Recent updates include a new roof, boiler, updated kitchen, new flooring, fresh paint and new sewer line
- doneUpdated kitchenListing says: Recent updates include a new roof, boiler, updated kitchen, new flooring, fresh paint and new sewer line
- doneNew sewer lineListing says: Recent updates include a new roof, boiler, updated kitchen, new flooring, fresh paint and new sewer line
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
- $399,900
- Cash to close
- $51,987
- Price per unit
- $199,950
- GRM
- 7.8
Each month
- Cash flow
- −$381/mo
- Cash-on-cash
- −8.8%
- Cap rate
- 6.7%
- DSCR
- 0.85×
Break-even
- Price that breaks even
- $341,745
- Rent that breaks even
- $4,795/mo
Long run
- Year 30: property vs stocks
- $1.60M vs $486K
- Cash flow turns positive
- year 5
The deal
- Price
- $399,900
- Cash to close
- $51,987
- Price per unit
- $199,950
- GRM
- 7.8
Each month
- Cash flow
- −$745/mo
- Cash-on-cash
- −17.2%
- Cap rate
- 5.6%
- DSCR
- 0.72×
Break-even
- Price that breaks even
- $286,208
- Rent that breaks even
- $5,387/mo
Long run
- Year 30: property vs stocks
- $1.21M vs $661K
- Cash flow turns positive
- year 11
The deal
- Price
- $389,900
- Cash to close
- $50,687
- Price per unit
- $194,950
- GRM
- 7.6
Each month
- Cash flow
- −$315/mo
- Cash-on-cash
- −7.5%
- Cap rate
- 6.9%
- DSCR
- 0.88×
Break-even
- Price that breaks even
- $341,745
- Rent that breaks even
- $4,710/mo
Long run
- Year 30: property vs stocks
- $1.63M vs $456K
- Cash flow turns positive
- year 5
The deal
- Price
- $389,900
- Cash to close
- $50,687
- Price per unit
- $194,950
- GRM
- 7.6
Each month
- Cash flow
- −$679/mo
- Cash-on-cash
- −16.1%
- Cap rate
- 5.8%
- DSCR
- 0.73×
Break-even
- Price that breaks even
- $286,208
- Rent that breaks even
- $5,291/mo
Long run
- Year 30: property vs stocks
- $1.22M vs $613K
- Cash flow turns positive
- year 10
The deal
- Price
- $399,900
- Cash to close
- $91,977
- Price per unit
- $199,950
- GRM
- 7.8
Each month
- Cash flow
- $110/mo
- Cash-on-cash
- 1.4%
- Cap rate
- 6.7%
- DSCR
- 1.05×
Break-even
- Price that breaks even
- $420,580
- Rent that breaks even
- $4,157/mo
Long run
- Year 30: property vs stocks
- $1.88M vs $700K
- Cash flow turns positive
- year 1
The deal
- Price
- $399,900
- Cash to close
- $91,977
- Price per unit
- $199,950
- GRM
- 7.8
Each month
- Cash flow
- −$254/mo
- Cash-on-cash
- −3.3%
- Cap rate
- 5.6%
- DSCR
- 0.88×
Break-even
- Price that breaks even
- $352,232
- Rent that breaks even
- $4,670/mo
Long run
- Year 30: property vs stocks
- $1.38M vs $759K
- Cash flow turns positive
- year 6
The deal
- Price
- $389,900
- Cash to close
- $89,677
- Price per unit
- $194,950
- GRM
- 7.6
Each month
- Cash flow
- $163/mo
- Cash-on-cash
- 2.2%
- Cap rate
- 6.9%
- DSCR
- 1.08×
Break-even
- Price that breaks even
- $420,580
- Rent that breaks even
- $4,088/mo
Long run
- Year 30: property vs stocks
- $1.92M vs $683K
- Cash flow turns positive
- year 1
The deal
- Price
- $389,900
- Cash to close
- $89,677
- Price per unit
- $194,950
- GRM
- 7.6
Each month
- Cash flow
- −$200/mo
- Cash-on-cash
- −2.7%
- Cap rate
- 5.8%
- DSCR
- 0.90×
Break-even
- Price that breaks even
- $352,232
- Rent that breaks even
- $4,593/mo
Long run
- Year 30: property vs stocks
- $1.39M vs $722K
- Cash flow turns positive
- year 5
The deal
- Price
- $399,900
- Cash to close
- $111,972
- Price per unit
- $199,950
- GRM
- 7.8
Each month
- Cash flow
- $243/mo
- Cash-on-cash
- 2.6%
- Cap rate
- 6.7%
- DSCR
- 1.12×
Break-even
- Price that breaks even
- $448,619
- Rent that breaks even
- $3,984/mo
Long run
- Year 30: property vs stocks
- $2.03M vs $852K
- Cash flow turns positive
- year 1
The deal
- Price
- $399,900
- Cash to close
- $111,972
- Price per unit
- $199,950
- GRM
- 7.8
Each month
- Cash flow
- −$121/mo
- Cash-on-cash
- −1.3%
- Cap rate
- 5.6%
- DSCR
- 0.94×
Break-even
- Price that breaks even
- $375,714
- Rent that breaks even
- $4,476/mo
Long run
- Year 30: property vs stocks
- $1.49M vs $870K
- Cash flow turns positive
- year 4
The deal
- Price
- $389,900
- Cash to close
- $109,172
- Price per unit
- $194,950
- GRM
- 7.6
Each month
- Cash flow
- $293/mo
- Cash-on-cash
- 3.2%
- Cap rate
- 6.9%
- DSCR
- 1.15×
Break-even
- Price that breaks even
- $448,619
- Rent that breaks even
- $3,919/mo
Long run
- Year 30: property vs stocks
- $2.07M vs $831K
- Cash flow turns positive
- year 1
The deal
- Price
- $389,900
- Cash to close
- $109,172
- Price per unit
- $194,950
- GRM
- 7.6
Each month
- Cash flow
- −$71/mo
- Cash-on-cash
- −0.8%
- Cap rate
- 5.8%
- DSCR
- 0.96×
Break-even
- Price that breaks even
- $375,714
- Rent that breaks even
- $4,403/mo
Long run
- Year 30: property vs stocks
- $1.51M vs $839K
- Cash flow turns positive
- year 3
Monthly
Monthly breakdown
| Rent | $4,300 |
| Vacancy (6%) | −$258 |
| Collected | $4,042 |
| Property tax Public record | −$623 |
| Insurance Estimate | −$219 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$344 |
| Capital reserve (9% of rent) | −$387 |
| Net operating income | $2,239 |
| Mortgage (principal + interest) | −$2,394 |
| PMI | −$225 |
| Cash flow | −$381 |
| Principal paid down (equity, not cash) | $305 |
| Rent | $4,300 |
| Vacancy (6%) | −$258 |
| Collected | $4,042 |
| Property tax Public record | −$623 |
| Insurance Estimate | −$219 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$344 |
| Capital reserve (9% of rent) | −$387 |
| Property management | −$364 |
| Net operating income | $1,875 |
| Mortgage (principal + interest) | −$2,394 |
| PMI | −$225 |
| Cash flow | −$745 |
| Principal paid down (equity, not cash) | $305 |
| Rent | $4,300 |
| Vacancy (6%) | −$258 |
| Collected | $4,042 |
| Property tax Public record | −$623 |
| Insurance Estimate | −$219 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$344 |
| Capital reserve (9% of rent) | −$387 |
| Net operating income | $2,239 |
| Mortgage (principal + interest) | −$2,335 |
| PMI | −$219 |
| Cash flow | −$315 |
| Principal paid down (equity, not cash) | $297 |
| Rent | $4,300 |
| Vacancy (6%) | −$258 |
| Collected | $4,042 |
| Property tax Public record | −$623 |
| Insurance Estimate | −$219 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$344 |
| Capital reserve (9% of rent) | −$387 |
| Property management | −$364 |
| Net operating income | $1,875 |
| Mortgage (principal + interest) | −$2,335 |
| PMI | −$219 |
| Cash flow | −$679 |
| Principal paid down (equity, not cash) | $297 |
| Rent | $4,300 |
| Vacancy (6%) | −$258 |
| Collected | $4,042 |
| Property tax Public record | −$623 |
| Insurance Estimate | −$219 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$344 |
| Capital reserve (9% of rent) | −$387 |
| Net operating income | $2,239 |
| Mortgage (principal + interest) | −$2,128 |
| Cash flow | $110 |
| Principal paid down (equity, not cash) | $271 |
| Rent | $4,300 |
| Vacancy (6%) | −$258 |
| Collected | $4,042 |
| Property tax Public record | −$623 |
| Insurance Estimate | −$219 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$344 |
| Capital reserve (9% of rent) | −$387 |
| Property management | −$364 |
| Net operating income | $1,875 |
| Mortgage (principal + interest) | −$2,128 |
| Cash flow | −$254 |
| Principal paid down (equity, not cash) | $271 |
| Rent | $4,300 |
| Vacancy (6%) | −$258 |
| Collected | $4,042 |
| Property tax Public record | −$623 |
| Insurance Estimate | −$219 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$344 |
| Capital reserve (9% of rent) | −$387 |
| Net operating income | $2,239 |
| Mortgage (principal + interest) | −$2,075 |
| Cash flow | $163 |
| Principal paid down (equity, not cash) | $264 |
| Rent | $4,300 |
| Vacancy (6%) | −$258 |
| Collected | $4,042 |
| Property tax Public record | −$623 |
| Insurance Estimate | −$219 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$344 |
| Capital reserve (9% of rent) | −$387 |
| Property management | −$364 |
| Net operating income | $1,875 |
| Mortgage (principal + interest) | −$2,075 |
| Cash flow | −$200 |
| Principal paid down (equity, not cash) | $264 |
| Rent | $4,300 |
| Vacancy (6%) | −$258 |
| Collected | $4,042 |
| Property tax Public record | −$623 |
| Insurance Estimate | −$219 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$344 |
| Capital reserve (9% of rent) | −$387 |
| Net operating income | $2,239 |
| Mortgage (principal + interest) | −$1,995 |
| Cash flow | $243 |
| Principal paid down (equity, not cash) | $254 |
| Rent | $4,300 |
| Vacancy (6%) | −$258 |
| Collected | $4,042 |
| Property tax Public record | −$623 |
| Insurance Estimate | −$219 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$344 |
| Capital reserve (9% of rent) | −$387 |
| Property management | −$364 |
| Net operating income | $1,875 |
| Mortgage (principal + interest) | −$1,995 |
| Cash flow | −$121 |
| Principal paid down (equity, not cash) | $254 |
| Rent | $4,300 |
| Vacancy (6%) | −$258 |
| Collected | $4,042 |
| Property tax Public record | −$623 |
| Insurance Estimate | −$219 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$344 |
| Capital reserve (9% of rent) | −$387 |
| Net operating income | $2,239 |
| Mortgage (principal + interest) | −$1,946 |
| Cash flow | $293 |
| Principal paid down (equity, not cash) | $248 |
| Rent | $4,300 |
| Vacancy (6%) | −$258 |
| Collected | $4,042 |
| Property tax Public record | −$623 |
| Insurance Estimate | −$219 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$344 |
| Capital reserve (9% of rent) | −$387 |
| Property management | −$364 |
| Net operating income | $1,875 |
| Mortgage (principal + interest) | −$1,946 |
| Cash flow | −$71 |
| Principal paid down (equity, not cash) | $248 |
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
- $912,422
- Rental profits, invested at 7%
- $689,724
Sells for $970,662 (value up 3% a year), minus 6% selling cost ($58,240). Rent paid down $359,910 of loan.
$366,827 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $395,738
- Monthly shortfalls, invested
- $90,324
$51,987 put into an index fund instead of the down payment and closing costs.
$13,755 you'd have paid in while the building lost money, invested instead.
The building comes out $1,116,085 ahead after 30 years.
- Your equity when you sell
- $912,422
- Rental profits, invested at 7%
- $298,980
Sells for $970,662 (value up 3% a year), minus 6% selling cost ($58,240). Rent paid down $359,910 of loan.
$189,068 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $395,738
- Monthly shortfalls, invested
- $265,438
$51,987 put into an index fund instead of the down payment and closing costs.
$43,679 you'd have paid in while the building lost money, invested instead.
The building comes out $550,226 ahead after 30 years.
- Your equity when you sell
- $889,607
- Rental profits, invested at 7%
- $739,070
Sells for $946,390 (value up 3% a year), minus 6% selling cost ($56,783). Rent paid down $350,910 of loan.
$385,509 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $385,842
- Monthly shortfalls, invested
- $70,057
$50,687 put into an index fund instead of the down payment and closing costs.
$10,611 you'd have paid in while the building lost money, invested instead.
The building comes out $1,172,778 ahead after 30 years.
- Your equity when you sell
- $889,607
- Rental profits, invested at 7%
- $330,718
Sells for $946,390 (value up 3% a year), minus 6% selling cost ($56,783). Rent paid down $350,910 of loan.
$204,028 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $385,842
- Monthly shortfalls, invested
- $227,563
$50,687 put into an index fund instead of the down payment and closing costs.
$36,814 you'd have paid in while the building lost money, invested instead.
The building comes out $606,918 ahead after 30 years.
- Your equity when you sell
- $912,422
- Rental profits, invested at 7%
- $970,581
Sells for $970,662 (value up 3% a year), minus 6% selling cost ($58,240). Rent paid down $319,920 of loan.
$459,649 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $700,152
$91,977 put into an index fund instead of the down payment and closing costs.
The building comes out $1,182,852 ahead after 30 years.
- Your equity when you sell
- $912,422
- Rental profits, invested at 7%
- $463,294
Sells for $970,662 (value up 3% a year), minus 6% selling cost ($58,240). Rent paid down $319,920 of loan.
$260,920 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $700,152
- Monthly shortfalls, invested
- $58,572
$91,977 put into an index fund instead of the down payment and closing costs.
$8,954 you'd have paid in while the building lost money, invested instead.
The building comes out $616,993 ahead after 30 years.
- Your equity when you sell
- $889,607
- Rental profits, invested at 7%
- $1,030,913
Sells for $946,390 (value up 3% a year), minus 6% selling cost ($56,783). Rent paid down $311,920 of loan.
$478,810 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $682,644
$89,677 put into an index fund instead of the down payment and closing costs.
The building comes out $1,237,875 ahead after 30 years.
- Your equity when you sell
- $889,607
- Rental profits, invested at 7%
- $504,420
Sells for $946,390 (value up 3% a year), minus 6% selling cost ($56,783). Rent paid down $311,920 of loan.
$277,022 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $682,644
- Monthly shortfalls, invested
- $39,366
$89,677 put into an index fund instead of the down payment and closing costs.
$5,895 you'd have paid in while the building lost money, invested instead.
The building comes out $672,015 ahead after 30 years.
- Your equity when you sell
- $912,422
- Rental profits, invested at 7%
- $1,121,372
Sells for $970,662 (value up 3% a year), minus 6% selling cost ($58,240). Rent paid down $299,925 of loan.
$507,539 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $852,359
$111,972 put into an index fund instead of the down payment and closing costs.
The building comes out $1,181,435 ahead after 30 years.
- Your equity when you sell
- $912,422
- Rental profits, invested at 7%
- $572,696
Sells for $970,662 (value up 3% a year), minus 6% selling cost ($58,240). Rent paid down $299,925 of loan.
$302,352 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $852,359
- Monthly shortfalls, invested
- $17,183
$111,972 put into an index fund instead of the down payment and closing costs.
$2,497 you'd have paid in while the building lost money, invested instead.
The building comes out $615,576 ahead after 30 years.
- Your equity when you sell
- $889,607
- Rental profits, invested at 7%
- $1,177,932
Sells for $946,390 (value up 3% a year), minus 6% selling cost ($56,783). Rent paid down $292,425 of loan.
$525,502 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $831,045
$109,172 put into an index fund instead of the down payment and closing costs.
The building comes out $1,236,493 ahead after 30 years.
- Your equity when you sell
- $889,607
- Rental profits, invested at 7%
- $619,704
Sells for $946,390 (value up 3% a year), minus 6% selling cost ($56,783). Rent paid down $292,425 of loan.
$318,907 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $831,045
- Monthly shortfalls, invested
- $7,631
$109,172 put into an index fund instead of the down payment and closing costs.
$1,088 you'd have paid in while the building lost money, invested instead.
The building comes out $670,635 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 $1.60M, stocks $486K. The property wins.
Year 30 (loan paid off): property $1.21M, stocks $661K. The property wins.
Year 30 (loan paid off): property $1.63M, stocks $456K. The property wins.
Year 30 (loan paid off): property $1.22M, stocks $613K. The property wins.
Year 30 (loan paid off): property $1.88M, stocks $700K. The property wins.
Year 30 (loan paid off): property $1.38M, stocks $759K. The property wins.
Year 30 (loan paid off): property $1.92M, stocks $683K. The property wins.
Year 30 (loan paid off): property $1.39M, stocks $722K. The property wins.
Year 30 (loan paid off): property $2.03M, stocks $852K. The property wins.
Year 30 (loan paid off): property $1.49M, stocks $870K. The property wins.
Year 30 (loan paid off): property $2.07M, stocks $831K. The property wins.
Year 30 (loan paid off): property $1.51M, stocks $839K. 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.
3 bed / 1 bath estimate $2,150/mo · range $1,925–$2,350
| Address | Rent | Bd / Ba | Distance | Match |
|---|---|---|---|---|
| 1067 Saint Clair Ave, Saint Paul 55105 off market | $2,180 | 3 / 1 | 1.0 mi | 92% |
| 1015 Grand Ave, Saint Paul 55105 off market | $1,800 | 3 / 1 | 1.1 mi | 88% |
| 865/867 Hague Ave, Saint Paul 55104 | $1,625 | 3 / 1 | 1.3 mi | 87% |
| 747 Tuscarora Ave W, Unit 1, Saint Paul 55102 off market | $2,075 | 3 / 1 | 0.4 mi | 87% |
| 941 Goodrich Ave, Saint Paul 55105 off market | $2,200 | 3 / 1 | 0.9 mi | 87% |
| 748 Smith Ave S, Saint Paul 55107 off market | $1,795 | 3 / 1 | 1.3 mi | 86% |
| 968 Goodrich Ave, Saint Paul 55105 off market | $2,250 | 3 / 1 | 0.9 mi | 86% |
| 592 Ottawa Ave, Unit 2, Saint Paul 55107 off market | $2,300 | 4 / 1 | 1.2 mi | 85% |
| 780 Stewart Ave, Saint Paul 55102 off market | $1,750 | 3 / 1 | 0.6 mi | 84% |
| 747 Tuscarora Ave, Unit 1, Saint Paul 55102 off market | $2,075 | 3 / 1 | 0.4 mi | 83% |
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
- mediumNo rents or lease details given. The pitch leans on owner-occupant 'live for less than rent'. Listing says: Live for less than rent! · AI review
- mediumRental license shows Pending status. Confirm it is issued before closing. Based on: data: city.rental_license · AI review
- mediumPrice is well above the 2021 sale price, and the county values the property far below ask. Based on: data: county.market_value · AI review
- mediumNon-homestead tax of about $7,476 is heavy against likely rents. Based on: data: county.tax · AI review
- low$572 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 112823140141: special assessments (payable 2026) = $572.02
Opportunities
- Original woodwork, leaded glass and hardwoods give the units character that can support rent. Listing says: beautiful hardwood floors and natural woodwork that highlight the home's period details · AI review
- Recent big-ticket updates lower near-term capital needs if they were permitted. Listing says: Recent updates include a new roof, boiler, updated kitchen, new flooring, fresh paint and new sewer line · AI review
- Private yard and quick highway access help tenant appeal. Listing says: Step outside to a private yard, perfect for relaxing or entertaining. · AI review
Questions for the agent
- What are the current rents, lease terms and move-in dates for each unit?
- Were the roof, boiler and sewer line permitted, and when exactly were they done?
- What are the $572 in special assessments for, and does the seller pay them at closing?
- Is the rental license issued, and is each unit separately metered for gas and electric?
- Is there off-street parking or a garage?
- Why has it sat 66 days, and has the price been cut?
Bottom line
Nicely refreshed brick duplex that roughly breaks even at $399,900, making about $110 a month, so it can work for an investor or an owner-occupant. AI-assisted summary
What the records say
Where each number comes from
| Property tax / yr Public recordRamsey County record, payable 2026 (non-homestead) | $7,476 |
| Insurance / yr Estimateestimate. from units, square feet and age; get a quote | $2,634 |
| 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 1900: +1 pt capital reserve | 8% / 9% |
Price history Realtor.com
On the market since 2026-06-02 (125 days); down $30,000 (7.0%) from the first ask of $429,900; last sold for $311,000 on 2021-04-06; listed for rent at $1,725/mo on 2023-04-14.
| Date | Event | Price |
|---|---|---|
| Price changed | $399,900 | |
| Listed | $409,000 | |
| Removed | $429,900 | |
| Listed | $429,900 | |
| Removed | — | |
| Removed | — | |
| Listed for rent | $1,725/mo | |
| Removed | — | |
| Listed for rent | $1,725/mo | |
| Removed | — | |
| Listed for rent | $1,725/mo | |
| Removed | — | |
| Listed for rent | $1,725/mo | |
| Removed | — | |
| Rent changed | $1,545/mo | |
| Rent changed | $1,565/mo | |
| Listed for rent | $1,410/mo | |
| Sold | $311,000 | |
| Listed | $289,900 | |
| Sold public record | $75,000 |
County record Public record
| Recorded as | two family dwelling - up/dwn |
| Living units | 2 |
| Year built | 1900 |
| Market value (2026) | $338,700 |
| Property tax, payable 2026 | $7,476 |
| Special assessments | $572 |
| Homestead | no |
| Last sale | 2021-04-06 · $311,000 |
Source: Ramsey County parcel records.
City rental certificate (CofO)
Residential 2 Units: 2 unit(s), A, status pending, renews 2029-02-03.
Nearest highway
I 35E, about 446 m away.
Crime in West Seventh – Fort Road
635 incidents in the last 12 months (49 per 1,000 residents), +6% vs. the year before. St. Paul police incidents, excluding proactive visits and community events.