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.
| MLS # | 7018248 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1897 |
| Days On Site | 116 |
| Listing Provided By | MRG Realty Partners, LLC | Luke Hermanson |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 8 |
| SQ Feet | 6,426 |
| Basement | Y |
| Story(s) | 2 |
| Units | 7 |
| Zoning | Residential-Multi-Family |
| Acreage | 0.23 |
| Cooling | Wall Unit(s), Window Unit(s) |
|---|---|
| Heating | Boiler |
| Parking Features | Gravel |
|---|
| Utilities | Electric Separate, Heating Common, Hot Water Common |
|---|
| Property | 2234 |
|---|
| State | MN |
|---|---|
| County | Ramsey |
| City | Saint Paul |
| Zip Code | 55106 |
| Area | 90 |
| Community Name | Joseph Arths Sub Of B85 Lyman |
| School District | 625 |
| High School | St. Paul |
| Listing VS Median (in Joseph Arths Sub Of B85 Lyman) | |
Price: $525,000 low | high Med: $525,000 sqft: 6,426 low | high Med: 6,426 $ / sqft: $82 low | high Med: $82 On site: 116 low | high Med: 116 | |
| State | MN |
|---|---|
| County | Ramsey |
| City | Saint Paul |
| Zip Code | 55106 |
| Area | 90 |
| Community Name | Joseph Arths Sub Of B85 Lyman |
| School District | 625 |
| High School | St. Paul |
| Listing VS Median (in Joseph Arths Sub Of B85 Lyman) | |
Price: $525,000 low | high Med: $525,000 sqft: 6,426 low | high Med: 6,426 $ / sqft: $82 low | high Med: $82 On site: 116 low | high Med: 116 | |