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Saint Paul, MN 55106

$400,000

Property Type: Commercial Bedrooms: 4 Baths: 5 Square Footage: 3,354 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $400,000 List Date: 5/27/2026 Last Modified: 6/26/2026

Overview

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 Details MLS# 7019367

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Waterfront YN: No
Year Built: 1904
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 1023
For Sale or Lease: For Sale
Acres: 0.12
Lot Dimensions: 50x110
Assessment Pending: No
Other Parking Spaces: 0
Garage Stalls: 0

Property Features

Accessible: None Air Conditioning: Window Unit(s) CMU Style: Low Rise Construction Status: Previously Owned Current Use: Residential Exterior: Metal; Wood Foundation: Stone Fuel: Natural Gas Heating: Boiler On Site Utilities: Electric Separate Owner Pays: Heat; Trash Collection; Water Roof: Age 8 Years or Less; Architectural Shingle Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 400000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

Postal City: Saint Paul
County: Ramsey
State: MN
Zip Code: 55106
Complex/Dev/Subdivision: Ralph Brownsons Sub

Assessments

Assessment Balance: 438.46
Tax With Assessments: 2524

Building Information

Building Finished SqFt: 2014
Building SqFt: 3354

More Information

Income and Expenses

Annual Electric Expense: 316
Annual Fuel Expense: 2888
Annual Gross Income: 53623
Annual Trash Expense: 1751
Annual Water/Sewer Expense: 1215

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 22
Section#: 32
Township#: 29

Sale Options

Sale Includes: Building, Land, Leases

Unit 1

Unit Number: B
Monthly Rent: 944
Full Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: Yes
Level: Below Ground
Leased?: Yes
Lease Expiration Date: 2027-04-30
No. of 1 Bedroom Units: 3

Unit 2

Full Baths: Yes
Lease Expiration Date: 2027-06-30
Leased?: Yes
Level: Main Level
Monthly Rent: 938
Total Bathrooms: Yes
Unit Number: Yes

Unit 3

Full Baths: Yes
Lease Expiration Date: 2027-06-30
Leased?: Yes
Level: Main Level
Monthly Rent: 920
Total Bathrooms: Yes
Total Bedrooms: Yes
Unit Number: 2

Unit 4

Full Baths: Yes
Lease Expiration Date: 2026-08-31
Leased?: Yes
Level: 2nd Level
Monthly Rent: 929
Total Bathrooms: Yes
Total Bedrooms: Yes
Unit Number: 3

Unit 5

Full Baths: Yes
Lease Expiration Date: 2026-08-31
Leased?: Yes
Level: 2nd Level
Monthly Rent: 855
Total Bathrooms: Yes
Total Bedrooms: Yes
Unit Number: 4

Unit Details

Total Units: 5

Unit Information

No. of Efficiency Units: 2

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: RALPH BROWNSONS SUBDIVISION LOT 2
Listing City: Saint Paul
Map Page: 108
Municipality: Saint Paul
School District: St. Paul
School District Phone: 651-767-8100
Zip Plus 4: 7783
Property ID Number: 322922140007
Tax Year: 2026
Tax Amount: 2085.54
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: 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%.
Directions: Taking I-94 eastbound, exit on the Mounds Blvd exit. Then continue onto 6th St E. Turn left onto Maple St and the property will be on your left.

Accessible

None: Yes

Air Conditioning

Window Unit(s): Yes

Construction Status

Previously Owned: Yes

Exterior

Metal: Yes
Wood: Yes

Foundation

Stone: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes

Owner Pays

Heat: Yes
Trash Collection: Yes
Water: Yes

Roof

Age 8 Years or Less: Yes
Architectural Shingle: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Tenant Pays

Electricity: Yes

On Site Utilities

Electric Separate: Yes

CMU Style

Low Rise: Yes

Current Use

Residential: Yes

Listing Office: MRG Realty Partners, LLC

Last Updated: June - 26 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.