Twin Cities suburbs › South Saint Paul

South Saint Paul

Twin Cities suburbs city. Every 2–4 unit listing here, run through the same numbers at 20% down and 7%.

Compare with other cities →

Neighborhood profile

Listings we track
5
Median price per unit
$170K
Typical cash flow
−$10
median per month, 20% down
Rent rules
No cap
Rents can reset to market at renewal

Crime, rental-license and Census neighborhood figures are only available for St. Paul and Minneapolis so far.

Map

Top picks

Ranked on real rent estimates (nearby comparable rentals or our own research). Listings with a serious red flag are under Proceed with caution instead, however good the numbers look.

Ways to slice it

Best cash flow now

Monthly cash flow at 20% down.

  1. 243 Park St W $699/mo
  2. 355 14th Ave S serious flag $201/mo
  3. 416 4th Ave S −$10/mo
  4. 1621 Concord St N serious flag −$35/mo
  5. 429 5th Ave S serious flag −$461/mo

Best long-term

Year-30 wealth vs. the same money in stocks.

  1. 243 Park St W 4.28× stocks
  2. 355 14th Ave S serious flag 2.93× stocks
  3. 416 4th Ave S 2.42× stocks
  4. 1621 Concord St N serious flag 2.32× stocks
  5. 429 5th Ave S serious flag 1.23× stocks

Value-add

Under-rented, needs work, or room to negotiate.

  1. 355 14th Ave S serious flag Long time on market: room to negotiate.

Proceed with caution

Decent numbers, serious flags.

  1. 355 14th Ave S No actual rents given; 'under market' is unquantified

All listings

5 listings. Filter by price or units, or switch the down payment.

  1. 243 Park St W

    $340,000 · 2 units
    Cash flows
    Cash flow $699/mo Cap 8.9% Break-even price $471K Yr 30 vs stocks 4.28× Positive in yr 1

    Numbers look decent on paper at $340K, but with no rents, unverified taxes and mixed condition, treat it as a showing candidate until the rent roll and systems check out.

  2. 416 4th Ave S

    $275,000 · 2 units
    Close
    Cash flow −$10/mo Cap 6.3% Break-even price $273K Yr 30 vs stocks 2.42× Positive in yr 2

    A plain 2x2 duplex that is about $2K overpriced for investors at today's rates, with no rent or expense data to prove otherwise.

  3. 355 14th Ave S

    $389,000 · 2 units
    Cash flows
    Cash flow $201/mo Cap 7.0% Break-even price $427K Yr 30 vs stocks 2.93× Positive in yr 1

    Reasonable cash flow on paper, but without real rents and verified taxes the $389K price is a guess; get the rent roll and negotiate.

    No actual rents given; 'under market' is unquantified

  4. 1621 Concord St N

    $278,000 · 2 units
    Close
    Cash flow −$35/mo Cap 6.2% Break-even price $271K Yr 30 vs stocks 2.32× Positive in yr 2

    A character-heavy 1880 duplex that doesn't cash flow at $278K, with unproven rents and a lot of age to inspect, so it only makes sense with a price cut or as an owner-occupant buy.

    No rents, lease terms or tenant details given, so income is unverified

  5. 429 5th Ave S

    $350,000 · 2 units
    Overpriced
    Cash flow −$461/mo Cap 4.8% Break-even price $263K Yr 30 vs stocks 1.23× Positive in yr 12

    Tidy, updated-looking up/down, but $350K is about $87K more than the rents support, so it only works as a house-hack at a lower price.

    Price is far above what rents support; break-even is about $101K under ask.

Monthly cash flow

−$500$0$500$1,000break-even243 Park St W$699355 14th Ave S$201416 4th Ave S−$101621 Concord St N−$35429 5th Ave S−$461

What's changing

Nothing curated for this city yet.