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Investment Highlights

  • Brand new roof and roof decking: April 2026
  • Mix of 1-bed and studio units
  • Value-Add Opportunity
  • $80,000 per unit
  • The property is enrolled in the 4D tax program that reduced property taxes by up to 80%

Executive Summary

389 Maple St is a fully occupied 5-unit multifamily property located in St. Paul, MN. A brand new roof with roof decking was installed in April 2026. Other improvements include new carpet in unit B (2026), full basement clean out, and general landscaping cleanup. The property features a mix of 1-bedroom and studio units and is currently enrolled in the 4D tax program that reduces property taxes by up to 80%, providing significant tax savings.
Call Luke at 651-428-7814 for more information and to schedule a private viewing.

Property Facts

Price $553,420 CAD
Price Per Unit $110,684 CAD
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.13 AC
Building Size 3,354 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1904/1969
Opportunity Zone Yes
Zoning H-2 - Residential District

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 2 - 500 - 550
1+1 3 - 550 - 650
Moderately walkable
70/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
32-29-22-14-0007
Land Assessment
$137,979 CAD
Improvements Assessment
$525,838 CAD
Total Assessment
$663,817 CAD
  • Listing ID: 40665285

  • Date on Market: 2026-05-26

  • Last Updated:

  • Address: 389 Maple St, Saint Paul, MN 55106

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