REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 350,000
Est. payment /mo
New
337 Maria AVE Saint Paul, MN 55106
4 Beds
4 Baths
2,178 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,178 sqft
Price per Sqft $160
Subdivision Lyman Dayton Add
MLS Listing ID 7063192
Bedrooms 4
Year Built 1870
Annual Tax Amount $8,662
Tax Year 2025
Contingent None
Lot Size 6,577 Sqft
Lot Dimensions 54x120
Property Sub-Type Fourplex
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.
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.
Location
State MN
County Ramsey
Zoning Residential-Multi-Family
Rooms
Basement Egress Window(s), Partially Finished
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Detached Garage, Asphalt
Garage Spaces 2.0
Building
Story Two
Foundation 1778
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District St. Paul
Listed by William Schultz • Keller Williams Premier Realty