898 Juno Ave · St. Paul, MN 55102

$250,000

2 bd · 1.0 ba · 745 sqft · SingleFamily public records · 8 Days on market

Built 1896 4,791 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 +19.0/30.0
• ARV discount +7.5/15.0
• 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

This one is a real gem. 2 stall garage less than 4 yrs old. Updated kitchen & bath. Great front porch & cozy home in the heart of popular 7th Ave neighborhood. Perfect starter home. Move in ready.

Key facts

• 4,791 sq ft lot
• 2 garage spots
• Built 1896

Property features AI

Exterior

• Parking: Concrete parking; 2-car garage (approximately 24 x 22)
• Utilities: City water (in street); City sewer (in street); Natural gas; Electric with circuit breakers
• Home design: Residential property; One level; All living facilities on one level
• Construction: Asphalt roof (age over 8 years); Foundation area approximately 790; Above-grade finished area approximately 790
• Exterior features: Deck; Front porch; Glass-enclosed porch; Porch; Public transit within ~6 blocks; Light tree coverage; Sidewalks, street lights, storm sewer along frontage; No fencing

Interior

• Kitchen: Range; Microwave; Dishwasher; Refrigerator; Exhaust fan
• Bedrooms: 2 bedrooms (both on main level)
• Flooring: Hardwood floors
• Bathrooms: 1 full bathroom (main floor)
• Heating & cooling: Forced air heating; Central air conditioning
• Interior features: All living facilities on one level; Daylight/lookout windows in basement; Basement drainage system; Unfinished basement; Informal dining area / living-dining combo; Sun room; Hardwood floors; French doors
• Laundry & utility: Washer and dryer; Laundry located in basement; Gas water heater

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $250k.

Deal economics

• At list price, monthly cash flow is $259 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $250k).

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 (+1.6%/yr); 145 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 0d 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 40% 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 $8k 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 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 22y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $207k; 21% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1896 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $250,000

Questions for the listing agent

1. Built in 1896 — 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. 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?
4. 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.
5. 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.
6. 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: 7.54%
• Cash-on-cash: 4.45%
• DSCR: 1.20
• GRM: 8.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -10.9%
• Equity multiple: 0.61×
• Total profit: $-27,455
• Equity at exit: $37,276

10-year hold

• IRR: -3.8%
• Equity multiple: 0.76×
• Total profit: $-16,466
• Equity at exit: $21,615

Cash invested: $70,000 (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: 8.2×

Monthly cashflow live

• Estimated rent: $2,529 medium
• Mortgage (P&I): −$1,311
• Tax from tax record: −$323 /mo · $3,880/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$531
• Net cashflow: $259

Break-even live

Break-even rent $2,201

Max offer price $250,000

Occupancy floor 85%

Sensitivity live

Price	-10% $401	-5% $330	+0% $259	+5% $189	+10% $118
Rent	-10% $60	-5% $160	+0% $259	+5% $359	+10% $459
Rate	-1.0pp $385	-0.5pp $323	base $259	+0.5pp $195	+1.0pp $129

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: $62,500
• Closing costs: $7,500
• 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	0.41mi
740 Victoria St S Saint Paul, MN	3.0	1.0–2.0	1076	$2,782	$2.59	0d	38	0.52mi
380 Randolph Ave Saint Paul, MN	2.0	1.0–2.0	753	$2,946	$3.91	0d	18	1.06mi
695 Grand Ave Saint Paul, MN	1.0	1.0	755	$2,195	$2.91	0d	6	1.06mi

Listing history 19 events

1. 2026-04-18
   status Pending
2. 2026-04-13
   historical Contingent - Inspection
3. 2026-04-10
   listed $250,000 Active
4. 2026-04-07
   historical $250,000
5. 2020-06-08
   soldstatus $206,765
6. 2020-05-29
   soldstatus $207,000 Sold 209-char remark

   Show marketing remark (209 chars)

   This one is a real gem. 2 stall garage less than 4 yrs old. Updated kitchen & bath. Great front porch & cozy home in the heart of popular 7th Ave neighborhood. Perfect starter home. Move in ready.

7. 2020-05-07
   status Pending 209-char remark

   Show marketing remark (209 chars)

   This one is a real gem. 2 stall garage less than 4 yrs old. Updated kitchen & bath. Great front porch & cozy home in the heart of popular 7th Ave neighborhood. Perfect starter home. Move in ready.

8. 2020-04-30
   historical Contingent - Inspection 209-char remark

   Show marketing remark (209 chars)

   This one is a real gem. 2 stall garage less than 4 yrs old. Updated kitchen & bath. Great front porch & cozy home in the heart of popular 7th Ave neighborhood. Perfect starter home. Move in ready.

9. 2020-04-29
   listed $204,900 Active 209-char remark

   Show marketing remark (209 chars)

   This one is a real gem. 2 stall garage less than 4 yrs old. Updated kitchen & bath. Great front porch & cozy home in the heart of popular 7th Ave neighborhood. Perfect starter home. Move in ready.

10. 2020-04-08
    historical $204,900 209-char remark

    Show marketing remark (209 chars)

    This one is a real gem. 2 stall garage less than 4 yrs old. Updated kitchen & bath. Great front porch & cozy home in the heart of popular 7th Ave neighborhood. Perfect starter home. Move in ready.

11. 2017-02-22
    soldstatus $164,900
12. 2017-01-31
    soldstatus $164,900 Sold 252-char remark

    Show marketing remark (252 chars)

    Great Home in great location. Minutes to Airport or downtown. Close to bus lines. Quick closing possible. Recent updates including new Kitchen with granite counter tops and New 24x22 Garage. Come see... you will be happy you did. Hurry don't wait.

13. 2017-01-05
    status Pending 252-char remark

    Show marketing remark (252 chars)

    Great Home in great location. Minutes to Airport or downtown. Close to bus lines. Quick closing possible. Recent updates including new Kitchen with granite counter tops and New 24x22 Garage. Come see... you will be happy you did. Hurry don't wait.

14. 2016-12-16
    historical Contingent - Inspection 252-char remark

    Show marketing remark (252 chars)

    Great Home in great location. Minutes to Airport or downtown. Close to bus lines. Quick closing possible. Recent updates including new Kitchen with granite counter tops and New 24x22 Garage. Come see... you will be happy you did. Hurry don't wait.

15. 2016-12-02
    listed $164,900 Active 252-char remark

    Show marketing remark (252 chars)

    Great Home in great location. Minutes to Airport or downtown. Close to bus lines. Quick closing possible. Recent updates including new Kitchen with granite counter tops and New 24x22 Garage. Come see... you will be happy you did. Hurry don't wait.

16. 2004-06-11
    soldstatus $119,000
17. 2004-05-17
    soldstatus $119,000
18. 2004-04-20
    historical
19. 2004-04-17
    listed $119,000

ⓘ 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: $3,880 · $323/mo
• Projected year-2 tax: $3,880 · $323/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 4/10 Moderate FEMA zone X (unshaded) · 22% 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: $30,349
• − Mortgage interest: −$14,004
• − Property taxes: −$3,880
• − Insurance: −$1,250
• − Repairs & maintenance: −$2,428
• − Management: −$2,428
• − Depreciation: −$7,273
• Taxable loss: −$913
• Est. tax savings @ 24.0%: +$219
• After-tax cash flow: $3,333/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

+110.1% since first listed

19 events — show timeline

• 2026-04-18 Pending — NORTHSTARMLS as Distributed by MLS Grid
• 2026-04-13 Contingent — NORTHSTARMLS as Distributed by MLS Grid
• 2026-04-10 Listed $250,000 NORTHSTARMLS as Distributed by MLS Grid
• 2026-04-07 Coming Soon $250,000 NORTHSTARMLS as Distributed by MLS Grid
• 2020-06-08 Sold (Public Records) $206,765 Public Records
• 2020-05-29 Sold (MLS) $207,000 NORTHSTARMLS as Distributed by MLS Grid
• 2020-05-07 Pending — NORTHSTARMLS as Distributed by MLS Grid
• 2020-04-30 Contingent — NORTHSTARMLS as Distributed by MLS Grid
• 2020-04-29 Listed $204,900 NORTHSTARMLS as Distributed by MLS Grid
• 2020-04-08 Coming Soon $204,900 NORTHSTARMLS as Distributed by MLS Grid
• 2017-02-22 Sold (Public Records) $164,900 Public Records
• 2017-01-31 Sold (MLS) $164,900 NORTHSTARMLS as Distributed by MLS Grid
• 2017-01-05 Pending — NORTHSTARMLS as Distributed by MLS Grid
• 2016-12-16 Contingent — NORTHSTARMLS as Distributed by MLS Grid
• 2016-12-02 Listed $164,900 NORTHSTARMLS as Distributed by MLS Grid
• 2004-06-11 Sold (Public Records) $119,000 Public Records
• 2004-05-17 Sold (MLS) $119,000 NORTHSTARMLS as Distributed by MLS Grid
• 2004-04-20 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 2004-04-17 Listed $119,000 NORTHSTARMLS as Distributed by MLS Grid

Property tax history

+4.9%/yr

Latest (2025): $3,880 · +9.5% YoY. Source: county tax records.