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.
80 days
|
290
|
7
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Zillow last checked:
Listing updated:
Listed by:
William Schultz651-216-6814,
Keller Williams Premier Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7063192
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Heating
Forced Air
Features
Basement: Egress Window(s),Partially Finished
Interior area
Total structure area: 5,334
Total interior livable area: 2,178 sqft
Finished area above ground: 1,778
Finished area below ground: 400
Property
Parking
Total spaces: 2
Parking features: Detached Garage, Asphalt
Garage spaces: 2
Details: Garage Dimensions (20x20)
Accessibility
Accessibility features: None
Features
Levels: Two
Lot
Size: 6,577 Square Feet
Dimensions: 54 x 120
Details
Foundation area: 1778
Parcel number: 322922420013
Zoning description: Residential-Multi-Family
Construction
Type & style
Home type: MultiFamily
Property subtype: Fourplex
Condition
New construction: No
Year built: 1870
Utilities & green energy
Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected
Community & HOA
Community
Subdivision: Lyman Dayton Add
Location
Region: Saint Paul
Financial & listing details
Price per square foot: $161/sqft
Annual tax amount: $8,662
Date on market: 4/28/2026
Cumulative days on market: 289 days
Tenant pays: Electricity
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
4/28/2026
Listed for sale
$350,000$161/sqft
Source: NorthstarMLS as distributed by MLS GRID #7063192Report a problem
4/17/2026
Listing removed
$350,000$161/sqft
Source: NorthstarMLS as distributed by MLS GRID #6806727Report a problem
4/15/2026
Price change
$350,000-6.7%$161/sqft
Source: NorthstarMLS as distributed by MLS GRID #6806727Report a problem
3/8/2026
Price change
$375,000-3.8%$172/sqft
Source: NorthstarMLS as distributed by MLS GRID #6806727Report a problem
1/15/2026
Price change
$390,000-2.5%$179/sqft
Source: NorthstarMLS as distributed by MLS GRID #6806727Report a problem
11/10/2025
Listed for sale
$400,000$184/sqft
Source: NorthstarMLS as distributed by MLS GRID #6806727Report a problem
8/18/2025
Listing removed
$400,000$184/sqft
Source: NorthstarMLS as distributed by MLS GRID #6713891Report a problem
6/18/2025
Price change
$400,000-11.1%$184/sqft
Source: NorthstarMLS as distributed by MLS GRID #6713891Report a problem
5/2/2025
Listed for sale
$450,000+25%$207/sqft
Source: NorthstarMLS as distributed by MLS GRID #6713891Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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