For Sale: Saint Paul MLS# 7019367
Active
NEW!
$400,000
Commercial: 2 Stories
4 br • 5 ba • Built 1904
0.126 acres
St. Paul schools
MLS# 7019367
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Property Description
389 Maple St is a fully occupied 5-unit multifamily in St. Paul, MN, featuring a brand-new roof with roof decking installed April 2026. Additional 2026 improvements include new carpet in Unit B, a full basement cleanout, and landscaping cleanup throughout. The unit mix consists of 1-bedroom and studio units. The property is enrolled in the St. Paul 4d Affordable Housing Incentive Program, with property taxes reduced by up to 80%.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$400,000
Property Type:
Commercial
City:
Saint Paul
Garage Spaces:
0
County:
Ramsey
Year Built:
1904
State:
MN
Property Style:
2 Stories
Zip Code:
55106
Neighborhood/Area:
90
Subdivision Name:
Ralph Brownsons Sub
Interior
Bedrooms:
4
Bathrooms:
5
Exterior
Stories:
Two
Garage Spaces:
0
Air Conditioning:
Window Unit(s)
Foundation Size:
1,023 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
On-Street Parking Only
Roof Details:
- Age 8 Years or Less
- Architectural Shingle
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.126
Geolocation:
44.958775, -93.069705
Inclusions:
Building, Land, Leases
Lot Dimensions:
50 x 110
Zoning:
Residential-Multi-Family
Schools
School District:
625
District Phone:
6517678100
Expenses
Annual Electric Expense:
$316
Annual Fuel Expense:
$2,888
Annual Trash Expense:
$1,751
Annual Water/Sewer Expense:
$1,215
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$2,086
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,524
Income
Annual Gross Income:
$52,727
Units
Total Units:
5
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of MRG Realty Partners, LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.