$414,999
Saint Paul, MN 55107
MLS# 7036446
5 beds | 3 baths | 2226 sqft
1 / 52
Property Description
Welcome to 306 King St W in Saint Paul, a well-maintained triplex offering a great opportunity for investors or owner-occupants. This 2,226 sq ft property features 5 bedrooms and 3 bathrooms across three units, providing strong rental potential. Updates include newer vinyl windows, updated electrical panels, upgraded PEX and copper plumbing, and a high-efficiency furnace. Additional improvements such as updated flooring, insulated attic and crawlspace, and maintenance-free front decking help enhance comfort and reduce upkeep. Situated on a spacious lot with shared laundry and convenient access to parks, transit, and downtown Saint Paul, this property offers excellent income potential ($4k monthly gross market rents) in a desirable location.
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Contingency: None
Current Price: $414,999
Original List Price: 414999
ListPrice: 414999
List Date: 2026-03-12
Office/Member Info
Association: MAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Waterfront Present: No
Year Built: 1888
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Lot Dimensions: 50x150
Acres: 0.17
Main Floor Total SqFt: 1113
Below Grd Total SqFt: 0
Above Ground SqFt: 2226
Total Finished Sqft: 2226.00
Foundation Size: 1113
Style: (MF) Triplex
Garage Stalls: 0
Assessment Pending: Unknown
Bedrooms: 5
Baths Total: 3
Total SqFt: 2226
Location, Tax and Other Information
Legal Description: DAWSONS ADDITION LOT 7 BLK 13
Listing City: Saint Paul
Map Page: 122
Municipality: Saint Paul
School District: St. Paul
School District Phone: 651-767-8100
Property ID Number: 072822240142
Tax Year: 2025
Tax Amount: 7612
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Welcome to 306 King St W in Saint Paul, a well-maintained triplex offering a great opportunity for investors or owner-occupants. This 2,226 sq ft property features 5 bedrooms and 3 bathrooms across three units, providing strong rental potential. Updates include newer vinyl windows, updated electrical panels, upgraded PEX and copper plumbing, and a high-efficiency furnace. Additional improvements such as updated flooring, insulated attic and crawlspace, and maintenance-free front decking help enhance comfort and reduce upkeep. Situated on a spacious lot with shared laundry and convenient access to parks, transit, and downtown Saint Paul, this property offers excellent income potential ($4k monthly gross market rents) in a desirable location.
Directions: Smith Ave to King St
Accessible
None: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 7612
Basement
Drain Tiled: 1
Full: 1
Building Information
Finished SqFt Above Ground: 2226
Construction Status
Previously Owned: 1
Exterior
Vinyl: 1
Wood: 1
Foundation
Stone: 1
Fuel
Electric: 1
Natural Gas: 1
Heating
Forced Air: 1
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 22
Section#: 07
Township#: 28
Sewer
City Sewer/Connected: 1
Stories
Two: 1
Unit 1
Furnished?: No
Leased?: Yes
Unit Number: 1
Monthly Rent: 1713
Full Baths: 1
Total Rooms: 6
Annual Rent: 20556
Finished SqFt: 1113
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 3
Unit Details
Total Units: 3
Water
City Water/Connected: 1
Income and Expenses
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 2000
Annual Gross Expenses: 6500
Annual Gross Income: 46104
Annual Insurance Expense: 2500
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 1000
Annual Water/Sewer Expense: 1000
Total Annual Expenses: 5522
Unit 2
Furnished?: No
Leased?: Yes
Unit Number: 2
Annual Rent: 12900
Finished SqFt: 556
Full Baths: 1
Monthly Rent: 1075
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 4
Unit 3
Furnished?: No
Leased?: Yes
Unit Number: 3
Annual Rent: 12648
Finished SqFt: 556
Full Baths: 1
Monthly Rent: 1054
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 4
Location Tax and Other Information
House Number: 306
Street Name: King
Street Suffix: Street
Street Direction Suffix: W
Postal City: Saint Paul
County: Ramsey
State: MN
Zip Code: 55107
Complex/Dev/Subdivision: Dawsons Add
Property Features
Accessible: None
Basement: Drain Tiled; Full
Construction Status: Previously Owned
Exterior: Vinyl; Wood
Foundation: Stone
Fuel: Electric; Natural Gas
Heating: Forced Air
Sewer: City Sewer/Connected
Stories: Two
Water: City Water/Connected
Listing Office: RE/MAX Results
Last Updated: March - 27 - 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.