Charming 6-Bedroom St. Paul Home with Income-Producing Basement & Classic Woodwork!
This spacious and beautifully maintained 6-bedroom, 3-bathroom home in the heart of St. Paul offers timeless charm, thoughtful updates, and income potential! With over five years of proven short-term rental success, the private basement suite—complete with its own entrance—makes this an ideal property for investors, house-hackers, or those needing flexible living space.
Step inside to admire the stunning original woodwork, including a built-in buffet in the formal dining room. The large living room invites gatherings and relaxation, while the oversized eat-in kitchen and generous walk-in pantry make cooking and hosting a dream. Upstairs, you’ll find a rare bonus: a third-floor suite with a private half bath and ample room for a home office, studio, or primary retreat. Second floor office includes access to a charming private balcony.
Additional highlights include a large deck for entertaining, a two-stall garage, and a central location close to shops, restaurants, Allianz field, and transit. Whether you’re looking for a beautiful place to call home or a property that pays you back, this St. Paul gem delivers!
Closed
$400,000
388 Wheeler St N, Saint Paul, MN 55104
6beds
2,547sqft
Single Family
Built in 1912
6,011.28 Square Feet Lot
$407,800 Zestimate®
$157/sqft
$3,724 Estimated rent
Home value
$407,800
$367,000 - $453,000
$3,724/mo
Zestimate® history
Owner options
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$3,724/mo
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$3,724/mo
Rent Zestimate®
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$2,543/mo
Est. payment
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$2,543/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Nestor Arguello 612-440-4555,
Edina Realty, Inc.
Bought with:
Bailey Zimbelmann
Root Down Realty, Inc
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6718379
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bathroom
- Description: 3/4 Basement,Upper Level 1/2 Bath,Upper Level Full Bath
Dining room
- Description: Separate/Formal Dining Room
Heating
- Baseboard, Boiler, Radiator
Cooling
- Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: In Basement
Features
- Basement: Block,Daylight,Egress Window(s),Partially Finished,Single Tenant Access,Storage Space
- Has fireplace: No
Interior area
- Total structure area: 2,547
- Total interior livable area: 2,547 sqft
- Finished area above ground: 1,886
- Finished area below ground: 529
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage
- Garage spaces: 2
- Details: Garage Dimensions (23x21)
Accessibility
- Accessibility features: None
Features
- Levels: More Than 2 Stories
Lot
- Size: 6,011 sqft
- Dimensions: 51 x 127
Details
- Foundation area: 615
- Parcel number: 332923420122
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Block
- Roof: Age 8 Years or Less
Condition
- New construction: No
- Year built: 1912
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Saint Paul
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2025 | Sold | $400,000+6.7%$157/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6718379 Report a problem | ||
| 5/27/2025 | Pending sale | $375,000$147/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6718379 Report a problem | ||
| 5/16/2025 | Listed for sale | $375,000$147/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6718379 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,356 +18.3% | $318,000 +0.5% |
| 2024 | $4,528 +13% | $316,400 +9.2% |
| 2023 | $4,008 +13.4% | $289,700 +10.1% |
| 2022 | $3,534 +14% | $263,100 +14.2% |
| 2021 | $3,100 -7.1% | $230,300 +8.7% |
| 2020 | $3,335 +12.8% | $211,800 +1% |
| 2019 | $2,957 | $209,700 |
| 2018 | $2,957 -2.7% | $209,700 +5.5% |
| 2017 | $3,040 | $198,800 |
| 2016 | $3,040 -0.8% | -- |
| 2015 | $3,066 -7.3% | $184,200 |
| 2014 | $3,306 +0.1% | -- |
| 2013 | $3,304 +11.3% | -- |
| 2012 | $2,968 -1.4% | -- |
| 2011 | $3,010 | -- |
| 2010 | -- | -- |
| 2009 | $2,636 +5.1% | -- |
| 2008 | $2,508 +3.6% | -- |
| 2007 | $2,420 +19.3% | -- |
| 2006 | $2,028 +9.1% | -- |
| 2005 | $1,858 +4.9% | -- |
| 2004 | $1,772 +9.8% | -- |
| 2003 | $1,614 +14.6% | -- |
| 2002 | $1,408 -12.9% | -- |
| 2001 | $1,616 +24.6% | -- |
| 2000 | $1,297 | -- |
Find assessor info on the county website
Neighborhood: Merriam Park
Nearby schools
GreatSchools rating
- 2/10Hancock/Hamline Magnet Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 4/10Murray Middle SchoolGrades: 6-8Distance: 2.4 mi
- 2/10Como Park Senior High SchoolGrades: 9-12Distance: 2.6 mi
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Estimated market value
$407,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$407,800
- Minnesota
- Ramsey County
- Saint Paul
- 55104
- Merriam Park
- 388 Wheeler St N
Nearby cities
Nearby neighborhoods
Nearby zip codes
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