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Chad Pederson

chad@pedersonrealty.com +1(612) 325-8745

$525,000

Est. payment - /mo

7 Beds

8 Baths

9,801 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Joseph Arths Sub Of B85 Lyman

MLS Listing ID 7018248

Bedrooms 7

Year Built 1897

Annual Tax Amount $2,234

Tax Year 2026

Contingent None

Lot Size 9,801 Sqft

Lot Dimensions 120' x 80'

Property 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.

Location

State MN

County Ramsey

Zoning Residential-Multi-Family

Interior

Heating Boiler

Cooling Wall Unit(s), Window Unit(s)

Inclusions Building, Land

Fireplace No

Exterior

Parking Features Gravel

Utilities Available Electric Separate, Heating Common, Hot Water Common

Present Use Residential

Building

Story Two

Foundation 2142

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District St. Paul

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Listed by Luke Hermanson • MRG Realty Partners, LLC

Nearby School & Business

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Chad Pederson

+1(612) 325-8745

Broker License ID: 20586306

Featured Communities in Minnesota

940 3rd ST E Saint Paul, MN 55106

Chad Pederson

Key Details

Location

Interior

Exterior

Building

Schools

Nearby School & Business

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