940 3rd Street E Saint Paul, MN 55106

$525,000
Active
7 Beds  |  8 Baths  |   |  MLS # 7018248
Active
  • Exterior from 3rd St
    Exterior from 3rd St
  • Exterior from intersection of 3rd St and Forest St
    Exterior from intersection of 3rd St and Forest St
  • Rear patio area
    Rear patio area
  • Rear parking lot
    Rear parking lot
  • Entryway and mailboxes
    Entryway and mailboxes
  • Laundry facilities
    Laundry facilities
  • Basement workshop
    Basement workshop
  • Unit 1
    Unit 1
  • Unit 1
    Unit 1
  • Unit 1
    Unit 1
  • Unit 1
    Unit 1
  • Unit 1
    Unit 1
  • Unit 1
    Unit 1
  • Unit 1
    Unit 1
  • Unit 1
    Unit 1
  • Unit 1
    Unit 1
  • Unit 1
    Unit 1
  • Unit 5
    Unit 5
  • Unit 5
    Unit 5
  • Unit 5
    Unit 5
  • Unit 5
    Unit 5
  • Unit 5
    Unit 5
  • Unit 5
    Unit 5
  • Unit 5
    Unit 5
  • Unit 5
    Unit 5
  • Unit 5
    Unit 5

About The Listing

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.


Listing courtesy of Luke Hermanson, MRG Realty Partners, LLC
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Property Details

Features

 
 
 
Property Type: Commercial
Status: Active
Contingency Type: None
Year Built: 1897
MLS #: 7018248
Bedrooms: 7
Garage Spaces: 0
Parking Description: Gravel
Sewer Description: City Sewer/Connected
Air Conditioning Type: Wall Unit(s), Window Unit(s)
Water: City Water/Connected
Heat Type: Boiler
Foundation Type: Brick/Mortar, Stone
Days On Market (Continuous): 0
Disability Features: None
Latest Update: 05/27/2026
List Date: 04/28/2026
Listing Agent ID: 506021198
Listing Office: MRG Realty Partners, LLC
Listing Office ID: 26013
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Exterior Features: Stone, Wood
Lot Dimensions: 120' x 80'
Lot Size: 0.225 Acres
School District: St. Paul
Tax Year: 2026
Estimated Taxes: $2,235
Contingency Type: None
City: Saint Paul
Zip: 55106
County: Ramsey
Subdivision: Joseph Arths Sub Of B85 Lyman
State: MN
Listing last updated: 05/27/26

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