$525,000
( $81.70Per Sq Foot )
 $2,818 est/mo Sourced by Back At You

940 3rd Street E,Saint Paul, MN 55106

Saint Paul, MN 55106

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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.

Details

MLS #7018248
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1897
Days On Site116
Listing Provided ByMRG Realty Partners, LLC | Luke Hermanson

Features

Bed(s)7
Bath(s)8
SQ Feet6,426
BasementY
Story(s)2
Units7
ZoningResidential-Multi-Family
Acreage0.23

Interior

CoolingWall Unit(s), Window Unit(s)
HeatingBoiler

Parking

Parking FeaturesGravel

Utilities

UtilitiesElectric Separate, Heating Common, Hot Water Common

Taxes

Property2234

Area Information

StateMN
CountyRamsey
CitySaint Paul
Zip Code55106
Area90
Community NameJoseph Arths Sub Of B85 Lyman
School District625
High SchoolSt. Paul
Listing VS Median (in Joseph Arths Sub Of B85 Lyman)
Price:
$525,000
low | high
Med:
$525,000
50% of Average
sqft:
6,426
low | high
Med:
6,426
50% of Average
$ / sqft:
$82
low | high
Med:
$82
50% of Average
On site:
116
low | high
Med:
116
100% of Average
Sourced by Back At You

Market Activity 55106

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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of August 22, 2026 at 1:47:40 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateMN
CountyRamsey
CitySaint Paul
Zip Code55106
Area90
Community NameJoseph Arths Sub Of B85 Lyman
School District625
High SchoolSt. Paul
Listing VS Median (in Joseph Arths Sub Of B85 Lyman)
Price:
$525,000
low | high
Med:
$525,000
50% of Average
sqft:
6,426
low | high
Med:
6,426
50% of Average
$ / sqft:
$82
low | high
Med:
$82
50% of Average
On site:
116
low | high
Med:
116
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $393K - $656K
sqft: 4,500 - 8,000
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352 Bates Avenue Property Photo 1
$612,750
352 Bates Avenue
Saint Paul, MN 55106
Listing Updated: July 20, 2026 at 6:54:00 PM PDT