$550,000
359 Maria Avenue Saint Paul, MN 55106
Active Contingent MLS# 6712625
12 beds 4 baths 3,440 sq ft Multi-family
Details for 359 Maria Avenue
MLS# 6712625
Description for 359 Maria Avenue, Saint Paul, MN, 55106
Cash-Flowing 4-Plex in Prime St. Paul Location – Fully Updated and Steps from Metro StateWelcome 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 Information
Property Type: Multi-family, Four Plex
Status: Active Contingent-Inspection
Bedrooms: 12
Bathrooms: 4
Lot Size: 0.12 Acres
Square Feet: 3,440 sq ft
Year Built: 1884
Foundation: 1,728 sq ft
Stories: 2 Stories
Subdivision: Lyman Dayton Add
Number Of Units Total: 4
County: Ramsey
Days On Market: 64
Construction Status: Previously Owned
School Information
District: 625 - St. Paul
Interior Features
Square Footage above: 3,440 sq ft
Basement: Full, Stone, Unfinished
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Hot Water, Natural Gas
Exterior / Lot Features
Parking Description: Garage Sq Ft - 0.00
Exterior: Cement Board, Fiber Board
Lot Dimensions: Irregular
Zoning: Residential-Multi-Family
Additional Exterior/Lot Features: Tree Coverage - Medium, Road Frontage - City
Community Features
Association Amenities: Coin-op Laundry Leased, Deck
Driving Directions
Interstate 94 to E on 7th St E. Right on Maria Ave. Property on R.
Financial Considerations
Other Annual Tax: $8,139
Tenant Pays: Cable T.V.,Electric
Owner Pays: Fuel,Insurance,Janitorial,Lawn,Maintenance/Repair,Other,Snow,Taxes,Trash
Tax/Property ID: 322922130071
Tax Amount: 6676
Tax Year: 2025
HomeStead Description: Non-Homesteaded
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Schools
Schools nearby 359 Maria Avenue
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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