$550,000

359 Maria Avenue, Saint Paul, MN 55106

  • 3,440 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1884
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $160/sqft
  • Property List Date Icon Listed 21 days ago

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.

Listing Status:
Active
Listing Office:
Real Broker, LLC : 651-370-9026
MLS ID:
6712625
  • Basement: FullStone/RockUnfinished
  • Heating: Hot Water

This listing courtesy of Real Broker, LLC

Location

Schools Nearby

D

Dayton's Bluff Achievement Plus Elementary School

262 Bates Ave, Saint Paul, MN, 55106

Grades PK-5

0.29 miles away

A

American Indian Magnet School

1075 3rd St E, Saint Paul, MN, 55106

Grades PK-8

0.85 miles away

C

Creative Arts Secondary School

65 Kellogg Blvd E, Saint Paul, MN, 55101

Grades 6-12

1.19 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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