894 Euclid St · St. Paul, MN 55106

$249,900

2 bd · 1.0 ba · 1,109 sqft · SingleFamily public records · 30 Days on market

Built 1879 9,888 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 +15.3/30.0
• ARV discount +7.5/15.0
• DSCR +4.7/10.0
• 1% rule +4.1/10.0
• Rent growth +4.1/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

*Multiple offers. Updated home on a HUGE city lot! If you appreciate having extra outdoor space then this home is perfect for you. Inside you will find new flooring and fresh paint throughout. The renovated kitchen has new cabinets, new counter tops, new stove & hood, and new backsplash. There is a den off the living room that could be an office or extra sitting room. Formal dining room. Central AC and Forced Air. New water heater. New gutters. 2 car garage. Welcome Home!

Key facts

• Covered front porch
• Stone countertops
• Walk-in closet

Tags

• DOUBLE LOT
• COVERED FRONT PORCH
• 3 SEASON PORCH
• STONE COUNTERTOPS
• STAINLESS STEEL APPLIANCES
• WALK-IN CLOSET

Property features AI

Finance

• Other: Above-grade finished living area approximately 1,326; Below-grade area approximately 884; Total building area approximately 2,210; Not fractional ownership; Accessibility features listed as 'Other'

Exterior

• Parking: Detached 2-car garage
• Utilities: City water connected; City sewer connected; Natural gas service; Electric service with circuit breakers
• Home design: Residential property; One-and-a-half story; Stone foundation; Enclosed, front and side porches
• Construction: Asphalt roof (age 8 years or less); Foundation area approximately 884 (stone)
• Exterior features: Vinyl exterior; Medium tree coverage; City street frontage; Lot dimensions approximately 80 x 124 x 78 x 124

Interior

• Kitchen: Kitchen (13 x 11); Kitchen window
• Bedrooms: Two bedrooms total; Main-level bedroom (12 x 11); Upper-level bedroom (13 x 10)
• Bathrooms: One full bathroom on the main floor (8 x 5)
• Heating & cooling: Forced air heating; Central air conditioning
• Interior features: Three-season porch (9 x 8); Enclosed front and side porches; Separate/formal dining room (12 x 12); Sitting room (10 x 10); Main floor bedroom (renovated)
• Laundry & utility: Laundry in basement with utility sink; Washer and dryer hookups

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 $37 ($447/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $228k (8.6% below list).
• Recommended offer: $228k (8.6% 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 fast (+6.3%/yr); 255 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 3d 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 39% of the median local income ($70k/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

• It's been on market 30 days — a 2% lower offer ($246k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 33y 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: flood insurance adds $56/mo; built in 1879 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $228,429 (8.6% below list)

Questions for the listing agent

1. Built in 1879 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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: 0.91% ✗
• Cap rate: 6.74%
• Cash-on-cash: 1.59%
• DSCR: 1.07
• GRM: 9.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 6.26% rent growth · sell at horizon

5-year hold

• IRR: -11.6%
• Equity multiple: 0.57×
• Total profit: $-30,325
• Equity at exit: $37,261

10-year hold

• IRR: 1.9%
• Equity multiple: 1.15×
• Total profit: $10,841
• Equity at exit: $21,607

Cash invested: $69,972 (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 55106

• Rents YoY: 6.3%
• Active inventory: 255
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $2,284 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$297 /mo · $3,566/yr
• Insurance: −$104
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$480
• Net cashflow: $37

Break-even live

Break-even rent $2,237

Max offer price $249,900

Occupancy floor 93%

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: $62,475
• Closing costs: $7,497
• Reserves months: —
• Total cash needed: —

Rent comps 7 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	3d	3	1.20mi
250 6th St E St Paul, MN	2.0	1.0–2.0	980	$2,868	$2.93	2d	16	1.24mi
240 5th St E St Paul, MN	2.0	1.0–2.0	949	$2,770	$2.92	2d	10	1.26mi
180 E Kellogg Blvd St Paul, MN	3.0	1.0–2.5	1436	$3,467	$2.41	2d	22	1.31mi
333 Sibley St Saint Paul, MN	3.0	1.0–2.0	1358	$2,577	$1.90	10d	10	1.32mi
141 4th St E Saint Paul, MN	2.0	1.0–2.0	811	$2,420	$2.98	20d	20	1.41mi
111 Kellogg Blvd E Saint Paul, MN	3.0	1.0–2.0	1000	$2,266	$2.27	2d	20	1.47mi

Listing history 27 events

1. 2026-06-18
   days on market $249,900 Active 30 DOM
2. 2026-06-17
   days on market $249,900 Active 29 DOM
3. 2026-06-16
   days on market $249,900 Active 28 DOM
4. 2026-06-15
   days on market $249,900 Active 27 DOM
5. 2026-06-13
   pricedays on market $249,900 Active 25 DOM
6. 2026-06-09
   days on market $254,900 Active 21 DOM
7. 2026-06-08
   days on market $254,900 Active 20 DOM
8. 2026-06-07
   days on market $254,900 Active 19 DOM
9. 2026-06-04
   days on market $254,900 Active 16 DOM
10. 2026-06-03
    days on market $254,900 Active 15 DOM
11. 2026-06-02
    days on market $254,900 Active 14 DOM
12. 2026-06-01
    days on market $254,900 Active 13 DOM
13. 2026-05-31
    days on market $254,900 Active 12 DOM
14. 2026-05-19
    historical
15. 2026-05-07
    listed $259,900 Active
16. 2026-05-04
    historical
17. 2022-03-14
    soldstatus $237,500
18. 2022-03-10
    soldstatus $237,500 Sold 480-char remark

    Show marketing remark (480 chars)

    *Multiple offers. Updated home on a HUGE city lot! If you appreciate having extra outdoor space then this home is perfect for you. Inside you will find new flooring and fresh paint throughout. The renovated kitchen has new cabinets, new counter tops, new stove & hood, and new backsplash. There is a den off the living room that could be an office or extra sitting room. Formal dining room. Central AC and Forced Air. New water heater. New gutters. 2 car garage. Welcome Home!

19. 2022-01-28
    status Pending 480-char remark

    Show marketing remark (480 chars)

    *Multiple offers. Updated home on a HUGE city lot! If you appreciate having extra outdoor space then this home is perfect for you. Inside you will find new flooring and fresh paint throughout. The renovated kitchen has new cabinets, new counter tops, new stove & hood, and new backsplash. There is a den off the living room that could be an office or extra sitting room. Formal dining room. Central AC and Forced Air. New water heater. New gutters. 2 car garage. Welcome Home!

20. 2022-01-20
    historical Contingent - Inspection 480-char remark

    Show marketing remark (480 chars)

    *Multiple offers. Updated home on a HUGE city lot! If you appreciate having extra outdoor space then this home is perfect for you. Inside you will find new flooring and fresh paint throughout. The renovated kitchen has new cabinets, new counter tops, new stove & hood, and new backsplash. There is a den off the living room that could be an office or extra sitting room. Formal dining room. Central AC and Forced Air. New water heater. New gutters. 2 car garage. Welcome Home!

21. 2022-01-12
    listed $235,000 Active 480-char remark

    Show marketing remark (480 chars)

    *Multiple offers. Updated home on a HUGE city lot! If you appreciate having extra outdoor space then this home is perfect for you. Inside you will find new flooring and fresh paint throughout. The renovated kitchen has new cabinets, new counter tops, new stove & hood, and new backsplash. There is a den off the living room that could be an office or extra sitting room. Formal dining room. Central AC and Forced Air. New water heater. New gutters. 2 car garage. Welcome Home!

22. 2001-08-10
    soldstatus $100,000
23. 2001-05-30
    soldstatus $99,900
24. 2001-04-02
    historical
25. 2001-03-15
    listed $104,900
26. 1993-10-30
    historical
27. 1993-07-17
    listed $59,900

ⓘ 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: $3,566 · $297/mo
• Projected year-2 tax: $3,566 · $297/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 7/10 Severe FEMA zone X (unshaded) · 76% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥99°F today · 13 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: $27,411
• − Mortgage interest: −$13,998
• − Property taxes: −$3,566
• − Insurance: −$1,916
• − Repairs & maintenance: −$2,193
• − Management: −$2,193
• − Depreciation: −$7,270
• Taxable loss: −$3,724
• Est. tax savings @ 24.0%: +$894
• After-tax cash flow: $1,341/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): 56,708
• Household income: $70,187
• Rent vs Own: 38.9% rent · 61.1% own
• Severe rent burden: 2046.0

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 0.75)
• Race & ethnicity: Asian 34% White 32% Black 15% Hispanic / Latino 11% Two or more races 10%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Portuguese 4% Lithuanian 2% Romanian 2%
• Foreign-born: 25% · Canada, Philippines, Vietnam
• Languages at home: 59% English-only · Other Asian/Pacific 27% Spanish 9% 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: ▼ -239.48%
• Current HPI: 288.7205
• Rent YoY: ▲ 6.26%
• 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

+317.2% since first listed

16 events — show timeline

• 2026-06-10 Price Changed $249,900 NORTHSTARMLS as Distributed by MLS Grid
• 2026-05-19 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 2026-05-19 Listed $254,900 NORTHSTARMLS as Distributed by MLS Grid
• 2026-05-07 Listed $259,900 NORTHSTARMLS as Distributed by MLS Grid
• 2026-05-04 Coming Soon — NORTHSTARMLS as Distributed by MLS Grid
• 2022-03-14 Sold (Public Records) $237,500 Public Records
• 2022-03-10 Sold (MLS) $237,500 NORTHSTARMLS as Distributed by MLS Grid
• 2022-01-28 Pending — NORTHSTARMLS as Distributed by MLS Grid
• 2022-01-20 Contingent — NORTHSTARMLS as Distributed by MLS Grid
• 2022-01-12 Listed $235,000 NORTHSTARMLS as Distributed by MLS Grid
• 2001-08-10 Sold (Public Records) $100,000 Public Records
• 2001-05-30 Sold (MLS) $99,900 NORTHSTARMLS as Distributed by MLS Grid
• 2001-04-02 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 2001-03-15 Listed $104,900 NORTHSTARMLS as Distributed by MLS Grid
• 1993-10-30 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 1993-07-17 Listed $59,900 NORTHSTARMLS as Distributed by MLS Grid

Property tax history

+9.6%/yr

Latest (2025): $3,566 · +5.6% YoY. Source: county tax records.