940 3rd Street East

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

940 3rd Street East

St Paul, MN 55106
Asking Price
$525K
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Multifamily | 7 Units | $75,000/unit <ul><li>​$75,000 per unit with proforma cap rate of 8.91%</li><li>​Property updates throughout, including a new hot water heater (2025)</li><li>​Mix of 2-bed, 1-bed, and studio units totaling 7 units</li><li>​The property is enrolled in the 4D tax program that reduces property taxes by up to 80%</li></ul>

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
15.24%
DSCR
2.57
Strong
Cash-on-Cash
31.00%
Monthly Payment
$2,597.414
Annual Cash Flow
$48,831.037

Location & Travel Times