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$525,000
Est. payment /mo
7 Beds
8 Baths
9,801 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Joseph Arths Sub Of B85 Lyman
MLS Listing ID 7018248
Bedrooms 7
Year Built 1897
Annual Tax Amount $2,234
Tax Year 2026
Contingent None
Lot Size 9,801 Sqft
Lot Dimensions 120' x 80'
Property Description
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.
Location
State MN
County Ramsey
Zoning Residential-Multi-Family
Interior
Heating Boiler
Cooling Wall Unit(s), Window Unit(s)
Inclusions Building, Land
Fireplace No
Exterior
Parking Features Gravel
Utilities Available Electric Separate, Heating Common, Hot Water Common
Present Use Residential
Building
Story Two
Foundation 2142
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District St. Paul
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Listed by Luke Hermanson • MRG Realty Partners, LLC
NEARBY SCHOOL & BUSINESS
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