745 Aldine St · St. Paul, MN 55104

$300,000

2 bd · 2.0 ba · 1,122 sqft · SingleFamily public records · 5 Days on market

Built 1912 6,185 sqft lot

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Why this score? — see what drove the D- 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 +12.3/30.0
• ARV discount +7.5/15.0
• DSCR +3.6/10.0
• 1% rule +3.5/10.0
• Rent growth +3.1/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This beautiful home features hardwood floors, custom original built-ins, a very spacious kitchen with breakfast nook, a formal dining room that opens to living room, and a spacious back entry with room to convert to a designated mudroom. The home features a sunroom, front porch, upper level full bath, and 2 closets in each upstairs bedroom. The lower level has a family room, 3/4 bath, laundry room, mechanical area, and storage closet. A spacious driveway leads to a detached 2 car garage. You'll love the original features and opportunity to build equity.

Key facts

• 6,185 sq ft lot
• 2 garage spots
• Built 1912

Property features AI

Finance

• Other: Above-grade finished area and main level finished area noted; Below-grade finished area present
• Financial info: Conventional mortgage type

Exterior

• Parking: Attached garage with automatic opener; 2-car garage (approx. 23 x 19, 7' door height, 16' door width)
• Utilities: City water; City sewer; 100 amp electrical service; Natural gas
• Home design: Residential property; Two levels
• Construction: Block and frame construction; Foundation: block; Roof: over 8 years old
• Exterior features: Vinyl exterior; Enclosed front porch and glass-enclosed areas; Rear patio and rear porch; Sun room / enclosed patio; Partial privacy fencing; Heavy tree coverage on lot; Street improvements: curbs, paved streets, sidewalks, street lights, storm sewer

Interior

• Kitchen: Cooktop; Range; Microwave; Dishwasher; Refrigerator; Stainless steel appliances; Breakfast bar / eat-in kitchen / kitchen-dining configuration
• Bedrooms: 2 bedrooms (one on the upper level, one on the upper level listed as Bedroom 2)
• Flooring: Hardwood floors
• Bathrooms: Two 3/4 bathrooms (one on main floor, one in basement)
• Heating & cooling: Forced air heating; Window cooling units
• Interior features: Finished full basement with daylight/lookout windows; Block basement walls; Ceiling fan(s); City view; Ethernet wired / local area network; Hardwood floors; Kitchen window; Natural woodwork; Porch; Sun room; Walk-in closet
• Laundry & utility: Washer and dryer hookups; Washer included; Dryer included; Gas dryer hookup; Laundry sink; Laundry located in lower level / basement

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $300k.

Deal economics

• At list price, monthly cash flow is $-56 ($-670/yr) — negative.
• To cash-flow at today's rent, offer at most $290k (3.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $256k (14.6% below list).
• Recommended offer: $256k (14.6% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads: area grade D — 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 (+2.5%/yr); 191 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 11d 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).
• This rent runs 41% of the median local income ($76k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k 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

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 16y ago; this cycle's ask is 20% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: built in 1912 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $256,317 (14.6% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1912 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
5. 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.
6. 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.
7. 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: 0.85% ✗
• Cap rate: 6.07%
• Cash-on-cash: -0.80%
• DSCR: 0.96
• GRM: 9.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.5% rent growth · sell at horizon

5-year hold

• IRR: -18.2%
• Equity multiple: 0.36×
• Total profit: $-53,408
• Equity at exit: $44,731

10-year hold

• IRR: -11.4%
• Equity multiple: 0.33×
• Total profit: $-56,121
• Equity at exit: $25,939

Cash invested: $84,000 (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 55104

• Rents YoY: 2.5%
• Active inventory: 191
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $2,563 medium
• Mortgage (P&I): −$1,573
• Tax from tax record: −$382 /mo · $4,590/yr
• Insurance: −$125
• HOA: −$0
• Vacancy / Maint / Mgmt: −$538
• Net cashflow: $-56

Break-even live

Break-even rent $2,634

Max offer price $290,139

Occupancy floor 97%

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: $75,000
• Closing costs: $9,000
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1555 Selby Ave Saint Paul, MN	3.0	1.0–2.0	1129	$3,428	$3.04	2d	7	1.21mi
150 Snelling Ave N St Paul, MN	2.0	1.0–2.0	741	$2,598	$3.51	2d	8	1.27mi
2410 University Ave W Saint Paul, MN	2.0	1.0–2.0	793	$6,008	$7.58	10d	13	1.29mi
2424 Territorial Rd Saint Paul, MN	3.0	1.0–2.0	955	$2,865	$3.00	13d	23	1.35mi

Listing history 7 events

1. 2026-06-15
   status $300,000 Pending 5 DOM
2. 2026-06-15
   days on market $300,000 Active 5 DOM
3. 2026-06-13
   remarks 699-char remark
4. 2026-06-13
   statusdays on market $300,000 Active 3 DOM
5. 2026-06-09
   days on market $300,000 Coming Soon 4 DOM
6. 2026-06-08
   days on market $300,000 Coming Soon 3 DOM
7. 2026-06-07
   listed $300,000 Coming Soon 2 DOM

ⓘ 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: $4,590 · $382/mo
• Projected year-2 tax: $4,590 · $382/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥99°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: $30,758
• − Mortgage interest: −$16,805
• − Property taxes: −$4,590
• − Insurance: −$1,500
• − Repairs & maintenance: −$2,461
• − Management: −$2,461
• − Depreciation: −$8,727
• Taxable loss: −$5,785
• Est. tax savings @ 24.0%: +$1,388
• After-tax cash flow: $719/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): 45,762
• Household income: $75,712
• Rent vs Own: 46.9% rent · 53.1% own
• Severe rent burden: 2116.0

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: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: White 60% Black 19% Two or more races 10% Asian 7% Hispanic / Latino 7%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Portuguese 8% Romanian 3% Lithuanian 3%
• Foreign-born: 12% · Canada, Vietnam, China
• Languages at home: 83% English-only · Spanish 4% Other Asian/Pacific 4% French/Haitian/Cajun 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: ▼ -532.26%
• Current HPI: 245.6146
• Rent YoY: ▲ 2.50%
• 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

+77.5% since first listed

8 events — show timeline

• 2026-06-05 Coming Soon $300,000 NORTHSTARMLS as Distributed by MLS Grid
• 2022-06-24 Sold (Public Records) $280,000 Public Records
• 2022-06-22 Sold (MLS) $280,000 NORTHSTARMLS as Distributed by MLS Grid
• 2022-06-05 Pending — NORTHSTARMLS as Distributed by MLS Grid
• 2022-06-03 Listed $249,900 NORTHSTARMLS as Distributed by MLS Grid
• 2022-06-02 Coming Soon $249,900 NORTHSTARMLS as Distributed by MLS Grid
• 2011-03-07 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 2010-07-01 Listed $169,000 NORTHSTARMLS as Distributed by MLS Grid

Property tax history

+4.6%/yr

Latest (2025): $4,590 · +16.4% YoY. Source: county tax records.