Sold: Sep 21, 2026
Address
337 Maria Avenue, Saint Paul, MN
Price
$ 307,500
Property Attributes
- ID#7063192
- TypeMulti-Family
- Listing Status Sold
- CountyRAMSEY
- CitySaint Paul
- AreaLyman Dayton Add
- NeighborhoodLyman Dayton Add
- Zip55106
- StyleFourplex
- Year Built1870
- Taxes$ 8662
- Price$ 307,500
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2178
- Lot Size0.151 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description
elcome to 337 Maria Avenue in Saint Paul, a rare opportunity to acquire a cash-flowing fourplex with significant upside through both rent growth and unit expansion. This property is currently operating with four leased units while featuring a fully built-out, nonconforming fifth unit in the basement that includes a kitchen, full bathroom, and two egress windows. From a structural standpoint, the space functions as a legal apartment and offers a clear path for a buyer to register it with the city and operate the property as a five-unit building. The current income leaves substantial room for growth. Rents are well below market levels, creating an opportunity to increase revenue over time while also unlocking additional income through the fifth unit. For investors, this presents a strong value-add play with the ability to force appreciation through improved NOI. Based on underwriting scenarios, the property supports attractive returns with both conventional investor financing and owner-occupant strategies. For owner-occupants, this property offers a compelling house-hack opportunity. A buyer can take advantage of low down payment financing options and occupy the fifth unit while continuing to collect rent from the other four units. This setup creates the potential to significantly offset or even cover monthly housing costs while building equity in a multi-unit asset. The building offers approximately 2,200 finished square feet, including a finished lower level, and sits on a flat lot with a two-stall detached garage, additional driveway parking, and street parking availability. Located in Dayton’s Bluff with close proximity to downtown Saint Paul, major transit routes, and local amenities, this property benefits from consistent rental demand. Whether you are looking to expand your portfolio with a value-add multifamily asset or secure a property that allows you to live for less while building wealth, 337 Maria Avenue offers a unique combination of current income, future upside, and flexible use potential. Buyer agent to verify all measurements.
| Price History |
|---|
General Features
| Tenant Pays | Electricity |
|---|---|
| Year Built | 1870 |
| Trash Expense | 1016 |
| Additional Parcels Y/N | No |
| Net Operating Income | 28824 |
| Accessibility | None |
| Levels | Two |
| New Construction | No |
| Lot Size Units | Acres |
| Operating Expense | 21852 |
| PostalCity | Saint Paul |
| Lender Owned | No |
| Contingency | None |
| Insurance Expense | 3574 |
| County | Ramsey |
| Close Price | 307500 |
| Water Sewer Expense | 2748 |
| Gross Income | 47676 |
| OwnerPays | Gas,Insurance,Taxes,Trash Collection,Water |
| Property Type | Residential Income |
| Sewer | City Sewer/Connected |
| Tax Year | 2025 |
| Fuel Expense | 5836 |
| High School District | St. Paul |
| Standard Status | Closed |
| City | Saint Paul |
| Garage Spaces | 2 |
| Tax Annual Amount | 8662 |
| Heating | Forced Air |
| Property Subtype | Fourplex |
| Living Area | 2178 |
| Directions | 94 W to Mounds Blvd,take to Kellogg/Third Street,take left on Maria |
| Land Lease Y/N | No |
| Number Of Units Total | 4 |
| Subdivision Name | Lyman Dayton Add |
| Zoning Description | Residential-Multi-Family |
Interior Features
| Above Grade Finished Area | 1778 |
|---|---|
| Basement (Y/N) | Yes |
| Total Bedrooms | 4 |
| Garage Square Feet | 400 |
| Total Baths | 4 |
| Basement | Egress Window(s),Partially Finished |
| Below Grade Finished Area | 400 |
| Garage Dimensions | 20x20 |
| Fuel | Natural Gas |
Exterior Features
| Foundation Area | 1778 |
|---|---|
| Street Name | Maria |
| Lot Size Area | 0.151 |
| @odata.id | https://api.mlsgrid.com/v2/Property('NST7892152') |
| Street Suffix | Avenue |
| Lot Dimensions | 54x120 |
| Parking Features | Detached Garage,Asphalt |
| Building Area Total | 5334 |
| Days on Market | 108 |
| Water Source | City Water/Connected |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 55106
Price
Taxes
Year Built
In The Neighborhood
Reduced
Saint Paul
$ 265,000
- Type
- Multi-Family
- Size
- 1,590 SqFt
- Rooms
- 4 Beds + 3 Baths
Diversified Realty
Reduced
Saint Paul
$ 345,000
- Type
- Multi-Family
- Size
- 2,888 SqFt
- Rooms
- 2 Beds + 2 Baths
Gold Group Realty, LLC
