123 Cayuga St · St. Paul, MN 55117

$219,900

3 bd · 2.0 ba · 1,036 sqft · SingleFamily public records · 9 Days on market

Built 1884 3,746 sqft lot

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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 +25.0/30.0
• DSCR +8.1/10.0
• ARV discount +7.5/15.0
• 1% rule +6.6/10.0
• Rent growth +3.4/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Come see this cozy well kept 3 bed 2 bath St Paul home. Enjoy your morning coffee on the covered front porch, and grill out for dinner on your covered back patio that opens up to the decorative stone firepit. Inside the main level features an open living room and dinning room area with beautiful hardwood floors and lots of natural light. The updated kitchen has stainless steel appliances and a pantry area for added storage and counter space. Upstairs you have all three bedrooms on the same floor as well as a full bathroom. The lower level has laundry and extra space that could be used for storage or added finished space. Many recent updates including a boiler, windows, plumbing, and kitchen and bathroom remodels. Nice location, easy access to Hwy 35E. Don't miss out, schedule your private showing today!

Key facts

• Hallway linen closet
• Renovated kitchen
• Rare pantry

Tags

• RENOVATED KITCHEN
• RARE PANTRY
• UPDATED MAIN-LEVEL HALF BATH
• FULLY UPDATED FULL BATHROOM
• HALLWAY LINEN CLOSET
• NEW ROOF

Property features AI

Finance

• Other: Above-grade finished area and living area listed (details available); Below-grade finished area with additional finished space
• Financial info: FHA financing indicated

Exterior

• Parking: Asphalt parking; No garage or carport
• Utilities: City water connected; City sewer connected; Natural gas; 100 amp electrical service (Xcel Energy)
• Home design: Residential property; Two levels; Entry includes front porch; Facing direction not specified
• Construction: Roof replaced/installed within the last 8 years; Foundation: other; Built elements include stucco and wood
• Exterior features: Front porch; Stucco and wood exterior; Partial wood privacy fencing; Medium tree coverage; City street frontage; Publicly maintained road

Interior

• Kitchen: Range; Refrigerator; Microwave; Dishwasher; Kitchen window
• Bedrooms: 3 bedrooms (all on upper/main levels as noted); Bedroom: 12 x 11 (Upper); Bedroom 2: 9 x 10 (Upper); Bedroom 3: 8 x 9 (Upper)
• Flooring: Hardwood floors
• Bathrooms: 1 full bath; 1 half bath
• Heating & cooling: Boiler heating; Window air conditioning units
• Interior features: Ceiling fan(s); Hardwood floors; Kitchen window; Natural woodwork; Paneled doors; Porch; Living/Dining room layout; Full basement with partial finish and storage space; Renovated
• Laundry & utility: Washer; Dryer; Laundry located on lower level

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $220k.

Deal economics

• At list price, monthly cash flow is $478 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $220k).

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.
• Zoned schools: Mississippi Creative Arts Elem (math 17% / reading 17%, grade F, #771 of 857 statewide, top 91%, 566 students, 94% FRL) — zoned schools average 94% FRL vs 64% district-wide (30 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+3.6%/yr); 175 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); 1,202 units permitted in Ramsey County in 2024 (880 in 5+ unit buildings).
• This rent runs 43% of the median local income ($71k/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 $7k 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 9 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 7y 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.

Risks & watch-outs

• Watch-outs: built in 1884 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $219,900

Questions for the listing agent

1. Built in 1884 — 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: 1.16% ✓
• Cap rate: 8.90%
• Cash-on-cash: 9.32%
• DSCR: 1.41
• GRM: 7.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.6% rent growth · sell at horizon

5-year hold

• IRR: -1.5%
• Equity multiple: 0.94×
• Total profit: $-3,580
• Equity at exit: $32,788

10-year hold

• IRR: 8.8%
• Equity multiple: 1.69×
• Total profit: $42,739
• Equity at exit: $19,013

Cash invested: $61,572 (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 55117

• Rents YoY: 3.6%
• Active inventory: 175
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $2,553 high
• Mortgage (P&I): −$1,153
• Tax from tax record: −$294 /mo · $3,528/yr
• Insurance: −$92
• HOA: −$0
• Vacancy / Maint / Mgmt: −$536
• Net cashflow: $478

Break-even live

Break-even rent $1,948

Max offer price $219,900

Occupancy floor 76%

Sensitivity live

Price	-10% $603	-5% $540	+0% $478	+5% $416	+10% $354
Rent	-10% $276	-5% $377	+0% $478	+5% $579	+10% $680
Rate	-1.0pp $589	-0.5pp $534	base $478	+0.5pp $421	+1.0pp $363

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: $54,975
• Closing costs: $6,597
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
330 9th St E St Paul, MN	1.0–2.0	1.0	978	$2,495	$2.55	4d	3	1.02mi
101 10th St E Saint Paul, MN	2.0	1.0–2.0	853	$2,490	$2.92	1d	20	1.08mi
250 6th St E St Paul, MN	2.0	1.0–2.0	980	$2,868	$2.93	1d	17	1.25mi
240 5th St E St Paul, MN	2.0	1.0–2.0	949	$2,775	$2.92	0d	9	1.31mi
333 Sibley St Saint Paul, MN	3.0	1.0–2.0	1358	$3,269	$2.41	11d	10	1.33mi
141 4th St E Saint Paul, MN	2.0	1.0–2.0	811	$2,420	$2.98	21d	20	1.39mi
180 E Kellogg Blvd St Paul, MN	3.0	1.0–2.5	1436	$4,595	$3.20	0d	21	1.46mi
111 Kellogg Blvd E Saint Paul, MN	3.0	1.0–2.0	1000	$2,783	$2.78	3d	20	1.49mi

Listing history 17 events

1. 2026-05-03
   status Pending
2. 2026-04-27
   historical Contingent - Inspection
3. 2026-04-24
   listed $219,900 Active
4. 2022-01-24
   soldstatus $192,500
5. 2022-01-21
   soldstatus $192,500 Sold 820-char remark

   Show marketing remark (820 chars)

   Come see this cozy well kept 3 bed 2 bath St Paul home. Enjoy your morning coffee on the covered front porch, and grill out for dinner on your covered back patio that opens up to the decorative stone firepit. Inside the main level features an open living room and dinning room area with beautiful hardwood floors and lots of natural light. The updated kitchen has stainless steel appliances and a pantry area for added storage and counter space. Upstairs you have all three bedrooms on the same floor as well as a full bathroom. The lower level has laundry and extra space that could be used for storage or added finished space. Many recent updates including a boiler, windows, plumbing, and kitchen and bathroom remodels. Nice location, easy access to Hwy 35E. Don't miss out, schedule your private showing today!

6. 2022-01-20
   status Pending 820-char remark

   Show marketing remark (820 chars)

   Come see this cozy well kept 3 bed 2 bath St Paul home. Enjoy your morning coffee on the covered front porch, and grill out for dinner on your covered back patio that opens up to the decorative stone firepit. Inside the main level features an open living room and dinning room area with beautiful hardwood floors and lots of natural light. The updated kitchen has stainless steel appliances and a pantry area for added storage and counter space. Upstairs you have all three bedrooms on the same floor as well as a full bathroom. The lower level has laundry and extra space that could be used for storage or added finished space. Many recent updates including a boiler, windows, plumbing, and kitchen and bathroom remodels. Nice location, easy access to Hwy 35E. Don't miss out, schedule your private showing today!

7. 2021-12-17
   historical Contingent - Inspection 820-char remark

   Show marketing remark (820 chars)

   Come see this cozy well kept 3 bed 2 bath St Paul home. Enjoy your morning coffee on the covered front porch, and grill out for dinner on your covered back patio that opens up to the decorative stone firepit. Inside the main level features an open living room and dinning room area with beautiful hardwood floors and lots of natural light. The updated kitchen has stainless steel appliances and a pantry area for added storage and counter space. Upstairs you have all three bedrooms on the same floor as well as a full bathroom. The lower level has laundry and extra space that could be used for storage or added finished space. Many recent updates including a boiler, windows, plumbing, and kitchen and bathroom remodels. Nice location, easy access to Hwy 35E. Don't miss out, schedule your private showing today!

8. 2021-12-08
   status Active 820-char remark

   Show marketing remark (820 chars)

   Come see this cozy well kept 3 bed 2 bath St Paul home. Enjoy your morning coffee on the covered front porch, and grill out for dinner on your covered back patio that opens up to the decorative stone firepit. Inside the main level features an open living room and dinning room area with beautiful hardwood floors and lots of natural light. The updated kitchen has stainless steel appliances and a pantry area for added storage and counter space. Upstairs you have all three bedrooms on the same floor as well as a full bathroom. The lower level has laundry and extra space that could be used for storage or added finished space. Many recent updates including a boiler, windows, plumbing, and kitchen and bathroom remodels. Nice location, easy access to Hwy 35E. Don't miss out, schedule your private showing today!

9. 2021-12-07
   historical Contingent - Other 820-char remark

   Show marketing remark (820 chars)

   Come see this cozy well kept 3 bed 2 bath St Paul home. Enjoy your morning coffee on the covered front porch, and grill out for dinner on your covered back patio that opens up to the decorative stone firepit. Inside the main level features an open living room and dinning room area with beautiful hardwood floors and lots of natural light. The updated kitchen has stainless steel appliances and a pantry area for added storage and counter space. Upstairs you have all three bedrooms on the same floor as well as a full bathroom. The lower level has laundry and extra space that could be used for storage or added finished space. Many recent updates including a boiler, windows, plumbing, and kitchen and bathroom remodels. Nice location, easy access to Hwy 35E. Don't miss out, schedule your private showing today!

10. 2021-11-18
    price $189,900 820-char remark

    Show marketing remark (820 chars)

    Come see this cozy well kept 3 bed 2 bath St Paul home. Enjoy your morning coffee on the covered front porch, and grill out for dinner on your covered back patio that opens up to the decorative stone firepit. Inside the main level features an open living room and dinning room area with beautiful hardwood floors and lots of natural light. The updated kitchen has stainless steel appliances and a pantry area for added storage and counter space. Upstairs you have all three bedrooms on the same floor as well as a full bathroom. The lower level has laundry and extra space that could be used for storage or added finished space. Many recent updates including a boiler, windows, plumbing, and kitchen and bathroom remodels. Nice location, easy access to Hwy 35E. Don't miss out, schedule your private showing today!

11. 2021-11-18
    listed $289,900 Active 820-char remark

    Show marketing remark (820 chars)

    Come see this cozy well kept 3 bed 2 bath St Paul home. Enjoy your morning coffee on the covered front porch, and grill out for dinner on your covered back patio that opens up to the decorative stone firepit. Inside the main level features an open living room and dinning room area with beautiful hardwood floors and lots of natural light. The updated kitchen has stainless steel appliances and a pantry area for added storage and counter space. Upstairs you have all three bedrooms on the same floor as well as a full bathroom. The lower level has laundry and extra space that could be used for storage or added finished space. Many recent updates including a boiler, windows, plumbing, and kitchen and bathroom remodels. Nice location, easy access to Hwy 35E. Don't miss out, schedule your private showing today!

12. 2019-08-06
    soldstatus $155,000
13. 2019-07-26
    soldstatus $155,000 Sold
14. 2019-06-08
    historical Contingent - Inspection
15. 2019-05-31
    status Active
16. 2019-05-30
    historical
17. 2019-05-30
    listed $159,900

ⓘ 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: $3,528 · $294/mo
• Projected year-2 tax: $3,528 · $294/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: $30,637
• − Mortgage interest: −$12,318
• − Property taxes: −$3,528
• − Insurance: −$1,100
• − Repairs & maintenance: −$2,451
• − Management: −$2,451
• − Depreciation: −$6,397
• Taxable income: $2,393
• Est. tax owed @ 24.0%: −$574
• After-tax cash flow: $5,163/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): 44,697
• Household income: $70,771
• Rent vs Own: 38.7% rent · 61.3% own
• Severe rent burden: 1588.0

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: Highly diverse neighborhood (Simpson 0.72)
• Race & ethnicity: White 44% Asian 24% Black 15% Hispanic / Latino 10% Two or more races 10%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Portuguese 6% Romanian 3% Lithuanian 2%
• Foreign-born: 21% · Canada, Philippines, India
• Languages at home: 68% English-only · Other Asian/Pacific 15% Spanish 8% Other Indo-European 2%

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: ▼ -308.56%
• Current HPI: 267.4216
• Rent YoY: ▲ 3.60%
• 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

+37.5% since first listed

17 events — show timeline

• 2026-05-03 Pending — NORTHSTARMLS as Distributed by MLS Grid
• 2026-04-27 Contingent — NORTHSTARMLS as Distributed by MLS Grid
• 2026-04-24 Listed $219,900 NORTHSTARMLS as Distributed by MLS Grid
• 2022-01-24 Sold (Public Records) $192,500 Public Records
• 2022-01-21 Sold (MLS) $192,500 NORTHSTARMLS as Distributed by MLS Grid
• 2022-01-20 Pending — NORTHSTARMLS as Distributed by MLS Grid
• 2021-12-17 Contingent — NORTHSTARMLS as Distributed by MLS Grid
• 2021-12-08 Relisted — NORTHSTARMLS as Distributed by MLS Grid
• 2021-12-07 Contingent — NORTHSTARMLS as Distributed by MLS Grid
• 2021-11-18 Price Changed $189,900 NORTHSTARMLS as Distributed by MLS Grid
• 2021-11-18 Listed $289,900 NORTHSTARMLS as Distributed by MLS Grid
• 2019-08-06 Sold (Public Records) $155,000 Public Records
• 2019-07-26 Sold (MLS) $155,000 NORTHSTARMLS as Distributed by MLS Grid
• 2019-06-08 Contingent — NORTHSTARMLS as Distributed by MLS Grid
• 2019-05-31 Relisted — NORTHSTARMLS as Distributed by MLS Grid
• 2019-05-30 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 2019-05-30 Listed $159,900 NORTHSTARMLS as Distributed by MLS Grid

Property tax history

+13.1%/yr

Latest (2025): $3,528 · +14.2% YoY. Source: county tax records.