369 View St · St. Paul, MN 55102

$350,000

3 bd · 2.0 ba · 2,161 sqft · SingleFamily public records · 23 Days on market

Built 1913 4,748 sqft lot $162/sqft · 33% below area Est $521k · 33% under

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +19.2/30.0
• ARV discount +15.0/15.0
• DSCR +6.0/10.0
• 1% rule +5.1/10.0
• Rent growth +2.9/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

**Multiple offers received highest and best (all factors considered) due by Sunday, March 8th @ 3pm CST ** Spacious home with open living room, formal dining room. Lots of natural sunlight and front facing sunroom. Front foyer with larger closet. This home is unique with room for equity and needs some TLC. Quick close possible. New dishwasher and refrigerator to be installed before close. New Boiler installed December 2019.

Key facts

• 4,748 sq ft lot
• 2 garage spots
• Built 1913

Property features AI

Exterior

• Parking: 2-car garage
• Utilities: City water; City sewer; Natural gas
• Home design: Residential property; Modified two-story layout; Main level and lower level living areas
• Construction: Block foundation
• Exterior features: Vinyl exterior

Interior

• Bedrooms: 4 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Baseboard heating; Boiler heating; Window air conditioning units
• Interior features: Finished lower level; Block foundation/basement

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $350k.

Deal economics

• At list price, monthly cash flow is $375 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $350k).
• Recommended offer: $345k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• St. Paul Public School District (urban): math 21% / reading 33% proficiency, ranked #270 of 301 in MN (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+1.6%/yr); 145 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 1,202 units permitted in Ramsey County in 2024 (880 in 5+ unit buildings).
• At $3,530/mo this rent would consume 55% of the median local household income ($76k/yr) (locally 1116% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• Ramsey County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 23 days — a 2% lower offer ($345k) is reasonable based on typical stale-listing flexibility.
• 13 sale attempts since 30y ago; this cycle's ask has dropped $25k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $200k; list at $350k implies a 75% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1913 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $344,750 (1.5% below list)

Questions for the listing agent

1. Built in 1913 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.01% ✓
• Cap rate: 7.58%
• Cash-on-cash: 4.60%
• DSCR: 1.20
• GRM: 8.3

CMA / ARV

• ARV (median comp): $520,652
• List price: $350,000
• Delta: -32.78%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 1.6% rent growth · sell at horizon

5-year hold

• IRR: -10.7%
• Equity multiple: 0.62×
• Total profit: $-37,665
• Equity at exit: $52,186

10-year hold

• IRR: -3.5%
• Equity multiple: 0.78×
• Total profit: $-21,379
• Equity at exit: $30,262

Cash invested: $98,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 46 Balanced
• State Minnesota: 46 Balanced · D+2
• County: — inherits STATE
• City: — inherits STATE

2024 reforms strengthened tenant protections; ramsey/hennepin courts paced moderate to slow.

Methodology + full state rankings →

ZIP-level market 55102

• Rents YoY: 1.6%
• Active inventory: 145
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $3,530 medium
• Mortgage (P&I): −$1,835
• Tax from tax record: −$432 /mo · $5,182/yr
• Insurance: −$146
• HOA: −$0
• Vacancy / Maint / Mgmt: −$741
• Net cashflow: $375

Break-even live

Break-even rent $3,055

Max offer price $350,000

Occupancy floor 84%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $87,500
• Closing costs: $10,500
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
470 Lexington Pkwy S Saint Paul, MN	2.0	1.0–2.0	1175	$3,500	$2.98	2d	19	0.66mi
695 Grand Ave Saint Paul, MN	1.0–2.0	1.0–2.0	1130	$5,795	$5.13	18d	10	0.72mi
740 Victoria St S Saint Paul, MN	3.0	1.0–2.0	1076	$3,746	$3.48	2d	39	0.78mi
400 Spring St Saint Paul, MN	1.0–2.0	1.0–2.0	1205	$3,275	$2.72	3d	31	1.45mi

Listing history 50 events

1. 2026-06-18
   price $350,000 Active 23 DOM
2. 2026-06-18
   days on market $375,000 Active 23 DOM
3. 2026-06-17
   days on market $375,000 Active 22 DOM
4. 2026-06-16
   days on market $375,000 Active 21 DOM
5. 2026-06-15
   days on market $375,000 Active 20 DOM
6. 2026-06-13
   days on market $375,000 Active 18 DOM
7. 2026-06-09
   days on market $375,000 Active 14 DOM
8. 2026-06-08
   days on market $375,000 Active 13 DOM
9. 2026-06-07
   statusdays on market $375,000 Active 12 DOM
10. 2026-05-15
    listed $375,000 Active 1652-char remark
11. 2026-05-10
    historical $375,000 1652-char remark
12. 2025-12-29
    soldstatus $200,000
13. 2020-05-18
    soldstatus $245,000
14. 2020-04-23
    soldstatus $245,000 Sold 427-char remark

    Show marketing remark (427 chars)

    **Multiple offers received highest and best (all factors considered) due by Sunday, March 8th @ 3pm CST ** Spacious home with open living room, formal dining room. Lots of natural sunlight and front facing sunroom. Front foyer with larger closet. This home is unique with room for equity and needs some TLC. Quick close possible. New dishwasher and refrigerator to be installed before close. New Boiler installed December 2019.

15. 2020-03-10
    historical Contingent - Inspection 427-char remark

    Show marketing remark (427 chars)

    **Multiple offers received highest and best (all factors considered) due by Sunday, March 8th @ 3pm CST ** Spacious home with open living room, formal dining room. Lots of natural sunlight and front facing sunroom. Front foyer with larger closet. This home is unique with room for equity and needs some TLC. Quick close possible. New dishwasher and refrigerator to be installed before close. New Boiler installed December 2019.

16. 2020-03-03
    price $240,000 427-char remark

    Show marketing remark (427 chars)

    **Multiple offers received highest and best (all factors considered) due by Sunday, March 8th @ 3pm CST ** Spacious home with open living room, formal dining room. Lots of natural sunlight and front facing sunroom. Front foyer with larger closet. This home is unique with room for equity and needs some TLC. Quick close possible. New dishwasher and refrigerator to be installed before close. New Boiler installed December 2019.

17. 2020-02-12
    price $255,000 427-char remark

    Show marketing remark (427 chars)

    **Multiple offers received highest and best (all factors considered) due by Sunday, March 8th @ 3pm CST ** Spacious home with open living room, formal dining room. Lots of natural sunlight and front facing sunroom. Front foyer with larger closet. This home is unique with room for equity and needs some TLC. Quick close possible. New dishwasher and refrigerator to be installed before close. New Boiler installed December 2019.

18. 2020-02-12
    listed $260,000 Active 427-char remark

    Show marketing remark (427 chars)

    **Multiple offers received highest and best (all factors considered) due by Sunday, March 8th @ 3pm CST ** Spacious home with open living room, formal dining room. Lots of natural sunlight and front facing sunroom. Front foyer with larger closet. This home is unique with room for equity and needs some TLC. Quick close possible. New dishwasher and refrigerator to be installed before close. New Boiler installed December 2019.

19. 2020-02-05
    historical $260,000 427-char remark

    Show marketing remark (427 chars)

    **Multiple offers received highest and best (all factors considered) due by Sunday, March 8th @ 3pm CST ** Spacious home with open living room, formal dining room. Lots of natural sunlight and front facing sunroom. Front foyer with larger closet. This home is unique with room for equity and needs some TLC. Quick close possible. New dishwasher and refrigerator to be installed before close. New Boiler installed December 2019.

20. 2019-01-09
    soldstatus $229,900
21. 2018-12-14
    soldstatus $229,900 Sold

    Show marketing remark (157 chars)

    FENCED BACK YARD, PATIO & GARDENS. HUGE LIVING ROOM/DINING ROOM AREA.OVER SIZED DOUBLE GARAGE. PALACE PARK IS JUST ACROSS THE STREET. THIS ONE IS UNIQUE!

22. 2018-11-21
    status Pending

    Show marketing remark (157 chars)

    FENCED BACK YARD, PATIO & GARDENS. HUGE LIVING ROOM/DINING ROOM AREA.OVER SIZED DOUBLE GARAGE. PALACE PARK IS JUST ACROSS THE STREET. THIS ONE IS UNIQUE!

23. 2018-10-23
    price $229,900

    Show marketing remark (157 chars)

    FENCED BACK YARD, PATIO & GARDENS. HUGE LIVING ROOM/DINING ROOM AREA.OVER SIZED DOUBLE GARAGE. PALACE PARK IS JUST ACROSS THE STREET. THIS ONE IS UNIQUE!

24. 2018-09-11
    price $232,900

    Show marketing remark (157 chars)

    FENCED BACK YARD, PATIO & GARDENS. HUGE LIVING ROOM/DINING ROOM AREA.OVER SIZED DOUBLE GARAGE. PALACE PARK IS JUST ACROSS THE STREET. THIS ONE IS UNIQUE!

25. 2018-08-25
    historical

    Show marketing remark (157 chars)

    FENCED BACK YARD, PATIO & GARDENS. HUGE LIVING ROOM/DINING ROOM AREA.OVER SIZED DOUBLE GARAGE. PALACE PARK IS JUST ACROSS THE STREET. THIS ONE IS UNIQUE!

26. 2018-08-25
    listed $239,900 Active

    Show marketing remark (157 chars)

    FENCED BACK YARD, PATIO & GARDENS. HUGE LIVING ROOM/DINING ROOM AREA.OVER SIZED DOUBLE GARAGE. PALACE PARK IS JUST ACROSS THE STREET. THIS ONE IS UNIQUE!

27. 2018-08-02
    status Active
28. 2018-07-22
    historical
29. 2018-07-18
    listed $249,900 Active
30. 2016-06-17
    soldstatus $85,100 Sold
31. 2016-03-15
    status Pending
32. 2015-10-27
    historical Contingent - Other
33. 2015-10-17
    listed $88,500 Active
34. 2013-06-10
    historical
35. 2012-03-21
    listed $99,000
36. 2006-03-02
    soldstatus $200,000
37. 2006-03-01
    soldstatus $200,000
38. 2006-01-06
    historical
39. 2005-10-17
    listed $219,000
40. 2003-04-24
    soldstatus $182,500
41. 2003-04-18
    soldstatus $182,500
42. 2003-02-12
    historical
43. 2003-02-10
    listed $185,000
44. 2003-01-30
    historical
45. 2002-10-30
    listed $188,900
46. 1996-10-03
    soldstatus $83,000
47. 1996-06-28
    soldstatus $83,000
48. 1996-06-28
    soldstatus $81,000
49. 1996-05-11
    historical
50. 1996-04-29
    listed $82,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MN · Partial reset (capped growth)

• Current annual tax: $5,182 · $432/mo
• Projected year-2 tax: $5,182 · $432/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥100°F today · 14 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $42,356
• − Mortgage interest: −$19,605
• − Property taxes: −$5,182
• − Insurance: −$1,750
• − Repairs & maintenance: −$3,388
• − Management: −$3,388
• − Depreciation: −$10,182
• Taxable loss: −$1,140
• Est. tax savings @ 24.0%: +$274
• After-tax cash flow: $4,778/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: St. Paul Public School District
• NCES district ID: 2733840
• Math proficiency: 21% ▼ -11.00%
• Reading proficiency: 33% ▼ -7.00%
• Median HH income: $48,316
• Composite: 23.51/100
• National rank: #7868
• State rank: #270 of 301 in MN

Livability — St. Paul

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: St. Paul, MN
• County: Ramsey County · 542,837 people
• City population: 280,599
• Metro: Minneapolis-St. Paul-Bloomington, MN-WI
• Population (ZIP): 19,630
• Household income: $76,406
• Rent vs Own: 55.1% rent · 44.9% own
• Severe rent burden: 1116.0

Population outlook (Ramsey County) Hauer SSP2

• Today (2025): 603,431 people
• By 2030: 636,459 · +5.5%
• By 2040: 700,596 · +16.1%
• By 2050: 765,819 · +26.9%
• By 2075: 929,297 · +54.0%
• By 2100: 1,053,924 · +74.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (77%)
• Race & ethnicity: White 77% Black 10% Two or more races 6% Hispanic / Latino 5% Asian 3%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Portuguese 10% Lithuanian 5% Romanian 3%
• Foreign-born: 9% · Canada, South Korea
• Languages at home: 87% English-only · Spanish 4% Other Indo-European 1% German/W. Germanic 1%

Political lean MEDSL · Ramsey

• 2024 margin: Solid D (+43.3) · D 70.5% · R 27.2% · Other 2.3%
• 2008→2024 swing: +9.4pp toward D · 2008: 33.9pp · 2024: 43.3pp
• All cycles: 2024: D+43.3 2020: D+45.4 2016: D+39.4 2012: D+35.3 2008: D+33.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -217.83%
• Current HPI: 241.7112
• Rent YoY: ▲ 1.60%
• Metro: Minneapolis-St. Paul-Bloomington, MN-WI
• State GDP YoY: ▲ 2.41%
• F500 in state: 34

Industry mix (Fortune 500 HQ in MN)

Industry	F500 HQs	Revenue
▸Healthcare	2	$407B
▸Retail	2	$150B
▸Consumer Goods	2	$32B
▸Industrial Machinery	2	$6B
▸Agriculture	1	$40B
▸Healthcare / Medical Devices	1	$32B

Price history

+352.4% since first listed

46 events — show timeline

• 2026-06-06 Relisted — NORTHSTARMLS as Distributed by MLS Grid
• 2026-06-06 Contingent — NORTHSTARMLS as Distributed by MLS Grid
• 2026-05-26 Pending — NORTHSTARMLS as Distributed by MLS Grid
• 2026-05-22 Relisted — NORTHSTARMLS as Distributed by MLS Grid
• 2026-05-21 Contingent — NORTHSTARMLS as Distributed by MLS Grid
• 2026-05-15 Listed $375,000 NORTHSTARMLS as Distributed by MLS Grid
• 2026-05-10 Coming Soon $375,000 NORTHSTARMLS as Distributed by MLS Grid
• 2025-12-29 Sold (Public Records) $200,000 Public Records
• 2020-05-18 Sold (Public Records) $245,000 Public Records
• 2020-04-23 Sold (MLS) $245,000 NORTHSTARMLS as Distributed by MLS Grid
• 2020-03-10 Contingent — NORTHSTARMLS as Distributed by MLS Grid
• 2020-03-03 Price Changed $240,000 NORTHSTARMLS as Distributed by MLS Grid
• 2020-02-12 Price Changed $255,000 NORTHSTARMLS as Distributed by MLS Grid
• 2020-02-12 Listed $260,000 NORTHSTARMLS as Distributed by MLS Grid
• 2020-02-05 Coming Soon $260,000 NORTHSTARMLS as Distributed by MLS Grid
• 2019-01-09 Sold (Public Records) $229,900 Public Records
• 2018-12-14 Sold (MLS) $229,900 NORTHSTARMLS as Distributed by MLS Grid
• 2018-11-21 Pending — NORTHSTARMLS as Distributed by MLS Grid
• 2018-10-23 Price Changed $229,900 NORTHSTARMLS as Distributed by MLS Grid
• 2018-09-11 Price Changed $232,900 NORTHSTARMLS as Distributed by MLS Grid
• 2018-08-25 Listed $239,900 NORTHSTARMLS as Distributed by MLS Grid
• 2018-08-25 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 2018-08-02 Relisted — NORTHSTARMLS as Distributed by MLS Grid
• 2018-07-22 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 2018-07-18 Listed $249,900 NORTHSTARMLS as Distributed by MLS Grid
• 2016-06-17 Sold (MLS) $85,100 NORTHSTARMLS as Distributed by MLS Grid
• 2016-03-15 Pending — NORTHSTARMLS as Distributed by MLS Grid
• 2015-10-27 Contingent — NORTHSTARMLS as Distributed by MLS Grid
• 2015-10-17 Listed $88,500 NORTHSTARMLS as Distributed by MLS Grid
• 2013-06-10 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 2012-03-21 Listed $99,000 NORTHSTARMLS as Distributed by MLS Grid
• 2006-03-02 Sold (MLS) $200,000 NORTHSTARMLS as Distributed by MLS Grid
• 2006-03-01 Sold (Public Records) $200,000 Public Records
• 2006-01-06 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 2005-10-17 Listed $219,000 NORTHSTARMLS as Distributed by MLS Grid
• 2003-04-24 Sold (MLS) $182,500 NORTHSTARMLS as Distributed by MLS Grid
• 2003-04-18 Sold (Public Records) $182,500 Public Records
• 2003-02-12 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 2003-02-10 Listed $185,000 NORTHSTARMLS as Distributed by MLS Grid
• 2003-01-30 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 2002-10-30 Listed $188,900 NORTHSTARMLS as Distributed by MLS Grid
• 1996-10-03 Sold (Public Records) $83,000 Public Records
• 1996-06-28 Sold (Public Records) $81,000 Public Records
• 1996-06-28 Sold (MLS) $83,000 NORTHSTARMLS as Distributed by MLS Grid
• 1996-05-11 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 1996-04-29 Listed $82,900 NORTHSTARMLS as Distributed by MLS Grid

Property tax history

+5.9%/yr

Latest (2025): $5,182 · +15.8% YoY. Source: county tax records.