Property Listing
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.
Property Information
Status: Active
Sub Type: ********
List Price: $550,000
MLS#: 6712625
Current Price: $550,000
Address: 359 Maria Avenue, Saint Paul, MN 55106
City: Saint Paul
State: MN
Postal Code: 55106
Geo Lat: 44.956388
Geo Lon: -93.072371
Subdivision: Lyman Dayton Add
County: Ramsey
Property Description
Year Built: 1884
Lot Size SqFt: 5227.2
Gen Tax: 14816
Specials Inst: 8139
High School: ********
Square Ft. Source:
Above Grade Finished Area:
Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: 5168
Style: Array
Total Bedrooms: 12
Total Bathrooms: 4
Total Full Baths:
Garage Type:
Garage Stalls: 0
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: