306 King Street W
Saint Paul, MN, 55107 $ 379,999
Bedrooms5 Baths3.0 Sq 2,226 Monthly Estimate*
$ 2,625
for $379,999 with 5 bedrooms and 3 full baths. This 2,226 square foot home was built in 1888 on a lot size of 0.172.
Investment opportunity in Saint Paul! Welcome to 306 King St W, a well-maintained triplex offering an excellent opportunity for investors or owner-occupants looking to build equity while generating rental income. This 2,226 sq ft property features three separate units with a total of 5 bedrooms and 3 bathrooms and an estimated $4,000/month in gross market rents. The property has benefited from numerous improvements designed to add value and reduce future maintenance, including newer vinyl windows, updated electrical panels, upgraded PEX and copper plumbing, a high-efficiency furnace, updated flooring, insulated attic and crawlspace, and maintenance-free front decking. Shared laundry adds convenience for residents. Location is another major advantage. Enjoy convenient access to downtown Saint Paul, public transportation, parks and recreation, restaurants, shopping, entertainment, and everyday amenities. The property is also well positioned for access to major roadways, making commuting throughout the Twin Cities convenient. Nearby employment centers, schools, neighborhood businesses, and Saint Paul's many cultural and entertainment destinations add to the area's rental appeal. Whether you're an investor looking to add a three-unit income-producing property to your portfolio or an owner-occupant interested in living in one unit while collecting rent from the others, this property offers flexibility, valuable updates, and excellent income potential. Three units. Great location. Approximately $4,000/month in gross market rent potential. Don't miss this Saint Paul investment opportunity — schedule your showing today!
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FeaturesGeneralLiving Area 2226
Sewer City Sewer/Connected
Heating Forced Air
Roof Age Over 8 Years Asphalt
Garage Spaces 0
Pool Features None
Construction Materials Frame
Year Built 1888
Electric Circuit Breakers
Levels Two
Property Subtype Triplex
Tax Year 2026
Gross Income 46104
Accessibility None
County Ramsey
Operating Expense 6500
Insurance Expense 2500
New Construction N
Property Type Residential Income
Association Amenities Laundry
Contingency None
MaintenanceExpense 0
Subdivision Name Dawsons Add
Directions Smith Ave to King St
City Saint Paul
High School District St. Paul
Zoning Description Residential-Multi-Family
Number Of Units Total 3
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 7840
Electric Expense 0
Fuel Expense 2000
Trash Expense 1000
Water Sewer Expense 1000
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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InteriorBasement Drain Tiled Full
Basement (Y/N) Y
Above Grade Finished Area 2226
Laundry Features In Basement
Total Bedrooms 5
Below Grade Finished Area 0
Total Baths 3
Fuel Electric Natural Gas
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ExteriorFencing None
Lot Features Irregular Lot
Water Source City Water/Connected
Lot Size Area 0.172
Building Area Total 2226
Lot Dimensions 150x50
Waterfront Y/N N
Foundation Area 1113
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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* Excluded FeaturesList ByGold Door Realty LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,625
- Monthly Property Taxes
- $653
- 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.
Learn more about how to save NearbyMulti-family listings in Saint Paul, MN
Average List Price $396,935
Percent of Sale Price 4%
About Saint Paul, MN 306,135 Population
7% Since 2002
$ 52,510 Median Income
34.29 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
709337 Elementary School
708288 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/21/2026 | $379,999 | -1.30% | Price Down |
| 9/21/2026 | $384,999 | -1.28% | Price Down |
| 8/14/2026 | $389,999 | | Listed Price |