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$550,000
Est. payment /mo
3,440 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,440 sqft
Price per Sqft $159
Subdivision Lyman Dayton Add
MLS Listing ID 6712625
Year Built 1884
Annual Tax Amount $6,676
Tax Year 2025
Contingent None
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions Irregular
Property Sub-Type Quadruplex
Property Description
Cash-Flowing 4-Plex in Prime St. Paul Location – Fully Updated and Steps from Metro State
Welcome to 359 Maria Avenue—a rock-solid 4-plex offering 12 bedrooms, 4 bathrooms, and serious income potential in a rapidly growing St. Paul neighborhood. Whether you're an investor or owner-occupant, this one delivers: strong cash flow, a location with major upside, and recent upgrades that make it truly turnkey.
Each unit has been thoughtfully improved with all new windows, entry doors, flooring, and fresh paint throughout. The attic has been insulated with 18” of added insulation, improving energy efficiency. The property also features four brand-new refrigerators, plus a freshly repaired deck.
Located just steps from Metropolitan State University and Yoerg Brewing Company, this 4-plex sits in a neighborhood benefiting from ongoing city investment. You'll enjoy quick access to downtown St. Paul, major freeways, grocery stores, and the nearby co-op.
This property will easily exceed the 1% rule, making it a rare find in today's market. Live in one unit or lease all four—either way, you're securing a property with long-term growth, low maintenance, and reliable returns. Property is fully leased, unit 3 tenant is vacating end of May. Units 1-3 rent for $1,550, Unit 4 rents for $1,525.
Don't miss your chance to own in one of St. Paul's most promising pockets.
Welcome to 359 Maria Avenue—a rock-solid 4-plex offering 12 bedrooms, 4 bathrooms, and serious income potential in a rapidly growing St. Paul neighborhood. Whether you're an investor or owner-occupant, this one delivers: strong cash flow, a location with major upside, and recent upgrades that make it truly turnkey.
Each unit has been thoughtfully improved with all new windows, entry doors, flooring, and fresh paint throughout. The attic has been insulated with 18” of added insulation, improving energy efficiency. The property also features four brand-new refrigerators, plus a freshly repaired deck.
Located just steps from Metropolitan State University and Yoerg Brewing Company, this 4-plex sits in a neighborhood benefiting from ongoing city investment. You'll enjoy quick access to downtown St. Paul, major freeways, grocery stores, and the nearby co-op.
This property will easily exceed the 1% rule, making it a rare find in today's market. Live in one unit or lease all four—either way, you're securing a property with long-term growth, low maintenance, and reliable returns. Property is fully leased, unit 3 tenant is vacating end of May. Units 1-3 rent for $1,550, Unit 4 rents for $1,525.
Don't miss your chance to own in one of St. Paul's most promising pockets.
Location
State MN
County Ramsey
Zoning Residential-Multi-Family
Rooms
Basement Full, Stone/Rock, Unfinished
Interior
Heating Hot Water
Fireplace No
Exterior
Parking Features None
Building
Lot Description Many Trees
Story Two
Foundation 1728
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Fiber Cement,Fiber Board
New Construction false
Schools
School District St. Paul
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Listed by Timothy Devane • Real Broker, LLC