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940 3rd St E
Saint Paul, MN 55106
Multifamily Property For Sale · 7 Units

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INVESTMENT HIGHLIGHTS

  • Mix of studio, 1-bed, and 2-bed units
  • O?-street parking available
  • Enrolled in 4D tax program for 2026
  • On-site laundry available
  • Private yard and patio for tenants

EXECUTIVE SUMMARY

Value-add opportunity in St. Paul, Minnesota!
This 7-unit apartment complex o?ers a mixture of spacious studio, 1-bed, and 2-bed units. There is laundry on-site and ample o?-street parking out
back. A private yard and patio add unique value for tenants. All units are separately metered for electricity. Positioned for long-term upside, the property
is enrolled in the 4D Tax Program in 2026, o?ering a future property tax reduction.
Reach out to Luke at 651-428-7814 for more information!

PROPERTY FACTS

Price Per Unit $117,683 CAD
Sale Type Investment
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.23 AC
Building Size 7,000 SF
No. Stories 1
Year Built 1897
Zoning H2 - Residential

AMENITIES

SITE AMENITIES

  • 24 Hour Access

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 1 - 374
1+1 5 - 272 - 750
2+1.5 1 - 744

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
33-29-22-24-0204
Land Assessment
$197,275 CAD
Improvements Assessment
$528,980 CAD
Total Assessment
$726,255 CAD
  • Listing ID: 37937085

  • Date on Market: 2025-10-03

  • Last Updated:

  • Address: 940 3rd St E, Saint Paul, MN 55106

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