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MLS: #7063192, Listed By: William Schultz, Keller Williams Premier Realty, Source:FargoMoorhead Area Association of REALTORS

337 Maria Avenue

Saint Paul, MN 55106
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Bed 4

Bed

Bath 4

Bath

SqFt2,178

Sqft

Acres0.15

Acre(Lot)

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 va lue-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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $350,000

AD Id : 77808815

MLS Id : 7063192

Beds : 4

Lot Size : 0.15 Acre

Living Area Size : 2,178

Year Built : 1870

Garage : 2

County : Ramsey

Subdivision: Rhawnhurst

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 4

    Room Information

    Has Basement: Yes Basement: Partially Finished
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air

  • Building Information

    Year Built: 1870 Building Area Total: 5334 Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 54x120 Main Square Feet: 0.15 Acres Lot Size Acres: 0.15 Lot Size Square Feet: 6534

    Property Information

    Subdivision: Lyman Dayton Add Source Property Type: Residential Income Property SubType: Quadruplex Levels: Two Property Age: 156

  • Listing Price Information

    Listing Price: $350000 Cash, Conventional, FHA, Contract, VA Loan

  • Tax Information

    Parcel Number: 322922420013 Annual Tax: $8662

  • Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: 94 W to Mounds Blvd, take to Kellogg/Third Street, take left on Maria WaterSource: Public
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Nearby Home Value

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893 Jenks Avenue, Saint Paul, MN, 55106 $374,000 4 4 4,326 4,326 SqFt
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

ByOwner last updated this listing 06/11/2026 @ 22:36

MLS: 7063192 LISTED BY: William Schultz, Keller Williams Premier Realty 651-379-5252 SOURCE: FargoMoorhead Area Association of REALTORS

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