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940 3rd Street E Saint Paul, MN $ 525,000
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$ 525,000 Get more info
940 3rd Street E
$ 525,000
Back to search
Share Save

940 3rd Street E

Saint Paul, MN, 55106
$ 525,000
Bedrooms7 Baths8.0 Sq 6,426

Monthly Estimate*

$ 3,626

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Commercial Property for sale in Saint Paul, MN

for $525,000 with 7 bedrooms and 8 full baths. This 6,426 square foot building was built in 1897 on a lot size of 0.225.

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.

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Commercial Active

Price

$ 525,000

Bedrooms

7

Full Bath

8

Property Type

Commercial

Taxes

$ 2,234

Style

Lot Size

0.225

Year Built

1897

Town/City

Saint Paul

County/Region

Ramsey

MLS | Web ID

7018248
Features
General
Sewer City Sewer/Connected
Heating Boiler
Cooling Wall Unit(s) Window Unit(s)
Utilities Electric Separate Heating Common Hot Water Common
Garage Spaces 0
Year Built 1897
Tenant Pays Electricity
Levels Two
Tax Year 2026
Current Use Residential
Gross Income 80808
Accessibility None
County Ramsey
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Joseph Arths Sub Of B85 Lyman
Directions Take I-94 eastbound to Mounds Blvd take a left onto 3rd St E and the property is on the right.
City Saint Paul
High School District St. Paul
Zoning Description Residential-Multi-Family
Number Of Units Total 7
Lot Size Units Acres
Carport Spaces 0
Land Lease Y/N N
Tax Annual Amount 2234.6
Electric Expense 1130
Fuel Expense 5165
Trash Expense 1970
Water Sewer Expense 3369
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Exterior
Parking Features Gravel
Water Source City Water/Connected
Inclusions Building Land
Lot Size Area 0.225
Building Area Total 6426
Lot Dimensions 120' x 80'
Waterfront Y/N N
Foundation Area 2142
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Interior
Basement (Y/N) N
Total Bedrooms 7
Total Baths 8
Fuel Natural Gas
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Internal Only
Street Number 1 940
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* Excluded Features
List By
Mrg Realty Partners, Llc

Broker

luke@mrgrealtypartners.com

Email

Affordability Calculator

$3,812
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,626
Monthly Property Taxes
$186
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
709337 Elementary School
708288 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/28/2026$525,000 Listed Price

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940 3rd Street E, Saint Paul, MN, 55106 is a Commercial Property for sale at $525,000 with 6,426 sqft and a lot size of 0.225. 940 3rd Street E has 7 bedrooms, 8.0 baths, and was built in 1897. The property's zip code is 55106 which is in Saint Paul, MN

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