$525,000
940 3rd Street E Saint Paul, MN 55106
For Sale MLS# 7018248
4,284 sq ft Commercial
Details for 940 3rd Street E
MLS# 7018248
Description for 940 3rd Street E, Saint Paul, MN, 55106
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.
Listing Information
Property Type: Commercial, Apartments/Multi Family,Low Rise (3- Levels)
Status: Active
Bedrooms: 7
Bathrooms: 8
Lot Size: 0.23 Acres
Square Feet: 4,284 sq ft
Year Built: 1897
Foundation: 2,142 sq ft
Stories: 2 Stories
Subdivision: Joseph Arths Sub Of B85 Lyman
Number Of Units Total: 7
Current Use: Residential
County: Ramsey
Days On Market: 39
Construction Status: Previously Owned
School Information
District: 625 - St. Paul
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Separate,Heating Common,Hot Water Common
Cooling: Wall, Window
Heating: Boiler, Natural Gas
Exterior / Lot Features
Open Parking: 10
Parking Description: gravel lot
Exterior: Brick/Stone, Wood
Lot Dimensions: 120' x 80'
Zoning: Residential-Multi-Family
Additional Exterior/Lot Features: Land Inclusions - Building,Land
Unit Information
Unit 1 Actual Rent: 882
Unit 1 Baths Total: 1
Unit 1 Beds Total: 1
Unit 2 Actual Rent: 974
Unit 2 Baths Total: 1
Unit 2 Beds Total: 1
Unit 3 Actual Rent: 975
Unit 3 Baths Total: 1
Unit 4 Actual Rent: 900
Unit 4 Baths Total: 1
Unit 4 Beds Total: 1
Unit 5 Actual Rent: 874
Unit 5 Baths Total: 1
Unit 5 Beds Total: 1
Unit 6 Actual Rent: 999
Unit 6 Baths Total: 1
Unit 6 Beds Total: 1
Driving Directions
Take I-94 eastbound to Mounds Blvd, take a left onto 3rd St E and the property is on the right.
Financial Considerations
Other Annual Tax: $999
Tenant Pays: Electric
Owner Pays: Gas,Insurance,Taxes,Trash,Water
Gross Income: 80808
Tax/Property ID: 332922240204
Tax Amount: 2234.6
Tax Year: 2026
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: MRG Realty Partners, LLC
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 940 3rd Street E
Sales History
| Date | Price | |
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| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 940 3rd Street E
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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