Property Description
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.
Property Features
Property Type: Commercial - Business
Cooling: Wall Unit(s), Window Unit(s)
Fuel Type: Natural Gas
Heating: Boiler
Lot Size: 0.23 Acres
Stories: 2.0
Taxes: $2,234
Year Built: 1897
Feature Descriptions
Current Use: Residential
Days on Site: 193
Foundation Size: 2142
Lot Dimensions: 120' x 80'
Owners Expense: Gas, Insurance, Taxes, Trash Collection, Water
Parcel#: 332922240204
Parking: Gravel
Sale Includes: Building, Land
Sewer: City Sewer/Connected
Tenant Expenses: Electricity
Units: 7
Utilities: Electric Separate, Heating Common, Hot Water Common
Water: City Water/Connected
Local Schools
School District: St. Paul
Listed By / Shown By
Listed By
Agency Name: MRG Realty Partners, LLC
Agency Phone: 651-900-4386
Shown By
Agent Name: Brent Bartel, Broker
Agent Phone: (651) 461-3001
Agency Title: Counselor Realty
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940 3rd Street E | MLS# 7018248
This commercial property located at 940 3rd Street E, Saint Paul, MN 55106 is currently listed for sale with an asking price of $525,000. 3rd Street E is located within the St. Paul school district. Search Saint Paul real estate on www.thebartelgroup.com today.