306 King St W Saint Paul, MN 55107
West Side NeighborhoodEstimated payment $2,804/month
Highlights
- Porch
- Laundry Facilities
- 2-minute walk to Douglas Park
- Forced Air Heating System
- Wood Siding
About This Home
Investment opportunity in Saint Paul!
Welcome to 306 King St W, a well-maintained triplex offering an excellent opportunity for investors or owner-occupants looking to build equity while generating rental income. This 2,226 sq ft property features three separate units with a total of 5 bedrooms and 3 bathrooms and an estimated $4,000/month in gross market rents.
The property has benefited from numerous improvements designed to add value and reduce future maintenance, including newer vinyl windows, updated electrical panels, upgraded PEX and copper plumbing, a high-efficiency furnace, updated flooring, insulated attic and crawlspace, and maintenance-free front decking. Shared laundry adds convenience for residents.
Location is another major advantage. Enjoy convenient access to downtown Saint Paul, public transportation, parks and recreation, restaurants, shopping, entertainment, and everyday amenities. The property is also well positioned for access to major roadways, making commuting throughout the Twin Cities convenient. Nearby employment centers, schools, neighborhood businesses, and Saint Paul's many cultural and entertainment destinations add to the area's rental appeal.
Whether you're an investor looking to add a three-unit income-producing property to your portfolio or an owner-occupant interested in living in one unit while collecting rent from the others, this property offers flexibility, valuable updates, and excellent income potential.
Three units. Great location. Approximately $4,000/month in gross market rent potential. Don't miss this Saint Paul investment opportunity — schedule your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,840
Year Built
- Built in 1888
Lot Details
- Lot Dimensions are 150x50
- Irregular Lot
Home Design
- Triplex
- Combination Foundation
- Frame Construction
- Wood Siding
- Vinyl Siding
Interior Spaces
- 2,226 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Drain
- Laundry in Basement
Additional Features
- Porch
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 072822240142
Community Details
Overview
- 3 Units
- Dawsons Add Subdivision
Amenities
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $7,612 | $343,800 | $26,000 | $317,800 |
| 2025 | $7,612 | $348,600 | $26,000 | $322,600 |
| 2023 | $5,214 | $269,800 | $21,800 | $248,000 |
| 2022 | $4,770 | $242,800 | $21,800 | $221,000 |
| 2021 | $3,828 | $239,900 | $21,800 | $218,100 |
| 2020 | $4,260 | $197,700 | $21,800 | $175,900 |
| 2019 | $3,894 | $205,400 | $21,800 | $183,600 |
| 2018 | $3,468 | $184,800 | $21,800 | $163,000 |
| 2017 | $2,192 | $167,300 | $21,800 | $145,500 |
| 2016 | $2,062 | $0 | $0 | $0 |
| 2015 | $2,102 | $97,800 | $21,800 | $76,000 |
| 2014 | -- | $0 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/14/2026 08/14/26 | For Sale | $389,999 | -- | $175 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $335,000 | -- | |
| Quit Claim Deed | $500 | Land Title | |
| Quit Claim Deed | $500 | Land Title | |
| Warranty Deed | $10,955 | -- | |
| Deed | $75,000 | -- | |
| Warranty Deed | $13,525 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $328,932 | FHA | |
| Previous Owner | $125,000 | Unknown |
Source: NorthstarMLS
MLS Number: 7127796
APN: 07-28-22-24-0142
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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. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.