For Sale Commercial MLS# 7018248

940 3rd Street E

Saint Paul, MN 55106

$525,000

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About 940 3rd Street E

940 3rd St E is a 7-unit multifamily property located in St. Paul, MN; currently fully occupied. The unit mix includes 2-bedroom, 1-bedroom, and studio units. The building is enrolled in the St. Paul 4d Affordable Housing Incentive Program, which can reduce property taxes by up to 80%. Recent improvements include a new hot water heater (2025), complete basement workshop area cleanout, drywall repairs in stairwells, and unit updates throughout.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1897
Stories
Two
Living area
6,426 sqft
Price / sqft
$82
Lot
0.225
Original price
$525,000
MLS #
7018248

Interior

Features
Wall Unit(s), Window Unit(s), Boiler
Heating
Boiler
Cooling
Wall Unit(s), Window Unit(s)

Exterior & lot

Features
Stone, Wood, Gravel
Construction
Two, Brick/Mortar, Stone
Foundation
Brick/Mortar, Stone
Lot
332922240204, Residential
Parking
Gravel

Schools

District
St. Paul Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected, Electric Separate, Heating Common, Hot Water Common
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$2,235
Tax year
2026
Parcel
332922240204

Location

Subdivision
Joseph Arths Sub Of B85 Lyman
County
Ramsey
Neighborhood
Dayton's Bluff
Community
Ramsey, northstar, St. Paul
Directions
Take I-94 eastbound to Mounds Blvd, take a left onto 3rd St E and the property is on the right.

Location

Neighborhood
Dayton's Bluff
Subdivision
Joseph Arths Sub Of B85 Lyman
School district
St. Paul Public School District

Ask about this property

Questions on 940 3rd Street E, Saint Paul, MN 55106, or want to see it in person?

Listed by Luke Hermanson, MRG Realty Partners, LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.