$525,000

Estimated payment $3,353/month

Total Views 4,939
12 Beds
4 Baths
3,440 Sq Ft
$153 Price per Sq Ft

About This Home

Cash-Flowing 4-Plex in Prime St. Paul Location – Fully Updated and Steps from Metro State

Welcome 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 Agent

Timothy Devane

Real Broker, LLC Listed on: 05/02/2025

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,676

Year Built

  • Built in 1884

Home Design

  • Quadruplex

Interior Spaces

  • 3,440 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone or Rock in Basement

Utilities

  • Hot Water Heating System

Listing and Financial Details

  • The owner pays for fuel, insurance, janitorial service, grounds care, repairs, snow removal, taxes, trash collection
  • Assessor Parcel Number 322922130071

Community Details

Overview

  • 4 Units
  • Lyman Dayton Add Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,676

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Leased, Deck
  • Year Built: 1884
  • Above Grade Finished Sq Ft: 3440
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Stone/Rock, Unfinished
  • Living Area: 3440
  • Owner Pays: Fuel, Insurance, Janitorial Service, Grounds Care, Repairs, Other, Snow Removal, Taxes, Trash Collection
  • Basement YN: Yes
  • Appliances: Range
  • Total Rooms: 6
  • Appliances: Range
  • Total Rooms: 7
  • Appliances: Range
  • Total Rooms: 6
  • Appliances: Range
  • Total Rooms: 6

Beds/Baths

  • Total Bedrooms: 12

Exterior Features

  • ConstructionMaterialsDesc: Frame,Stone
  • Neighborhood: Dayton's Bluff

Garage/Parking

  • Parking Features: None
  • Garage Square Feet: 0

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Number of Ranges: Four

Schools

  • Junior High Dist: St. Paul
  • SchoolDistrictNumber: 625
  • SchoolDistrictPhone: 651-767-8100

Lot Info

  • Lot Size: Irregular
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement, Fiber Board
  • Units Total: 4

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 322922130071
  • Tax Annual Amount: 6676
  • TaxWithAssessments: 14816.0000

Multi Family

  • TenantPays: Cable TV, Electricity
  • Number Of Refrigerators: Four

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2025 08/10/25 Price Changed $525,000 -4.5% $153 / Sq Ft
05/09/2025 05/09/25 For Sale $550,000 -- $160 / Sq Ft
Source: NorthstarMLS

Source: NorthstarMLS

MLS Number: 6712625

NorthstarMLS