352 Bates Avenue, Saint Paul, MN 55106 (MLS# 7073764)

352 Bates Avenue, Saint Paul, MN 55106

$612,750

Property Type: Commercial Bedrooms: 9 Baths: 5 Square Footage: 4,990 Lot Size (sq. ft.): 7,405 Status: Active

Current Price: $612,750 List Date: 5/16/2026 Last Modified: 8/11/2026

Overview

Description

Rare opportunity to own a historic St Paul mansion thoughtfully converted into a 5-unit multifamily property complete with a charming historic carriage house. Located in a highly walkable neighborhood on the citys East Side, the property offers convenient access to coffee shops, Mississippi Market Co-Op, East 7th Street amenities, and the Payne-Arcade commercial district. Units feature spacious layouts with large living areas and private storage spaces for each tenant. Residents also enjoy shared green space, off-street parking for all tenants, and on-site coin-operated laundry. Utilities are currently partially owner-paid, with ownership implementing a RUBS utility reimbursement program across the portfolio beginning Q3 2026. Future ownership will have the opportunity to improve NOI through utility cost recovery and operational efficiencies. Strong long-term upside potential in a distinctive historic asset with excellent neighborhood fundamentals.

Listing Details MLS# 7073764

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1904
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 1815
Garage Stalls: 2
For Sale or Lease: For Sale
Acres: 0.17
Lot Dimensions: 70x122
Assessment Pending: Yes

Property Features

Accessible: Doors 36"+; Hallways 42"+ Air Conditioning: None Amenities Shared: Coin-op Laundry Owned Amenities Unit: None Appliances: Range; Refrigerator Assumable Loan: Not Assumable Basement: Concrete Block; Full; Owner Access; Partially Finished; Single Tenant Access; Storage Space; Storage/Locker CMU Style: Low Rise Construction Materials: Block; Brick; Concrete; Frame; Stone Construction Status: Previously Owned Current Use: Residential Exterior: Wood Flooring: Carpet; Tile; Vinyl/Linoleum; Wood Foundation: Brick/Mortar; Combination; Concrete Block; Stone Fuel: Natural Gas Heating: Boiler; Hot Water; Radiator Internet Options: Cable; Fiber Optic Loan Terms: Cash; Conventional Lot Description: Tree Coverage - Medium On Site Utilities: Electric Common; Electric Separate; Heating Common; Heating Separate; Hot Water Common; Hot Water Separate Owner Pays: Electricity; Gas; See Remarks; Sewer; Trash Collection; Water Parking Characteristics: Parking Lot; Gravel Lot Pool Description: None Rent Rate per Foot: Per Month Rental License Type: Standard Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles; Flat; Pitched; Rubber Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity; Gas; See Remarks Topography: High Ground; Sloped Wall Description: Drywall; Finished; Insulated; Plaster Water: City Water/Connected Window Features: Storm Window(s); Window Treatments; Wood Frames

Contract Information

Contingency: None
ListPrice: 612750
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 352
Street Name: Bates
Street Suffix: Avenue
Postal City: Saint Paul
County: Ramsey
State: MN
Zip Code: 55106
Complex/Dev/Subdivision: Lyman Dayton Add

Assessments

Assessment Balance: 738
Tax With Assessments: 11896

Basement

Foundation Dimensions: 33x55

More Information

Building Information

Building Finished SqFt: 3630
Building SqFt: 4990
Ceiling Height: 8-10

Income and Expenses

Annual Gross Income: 72768

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 24x24
Garage Square Feet: 576

Public Survey Info

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

Sale Options

Sale Includes: Building, Fixture/Equipment, Leases, Rental License

Unit 1

Unit Number: Yes
Monthly Rent: 1827
Full Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: 3
Level: Main Level
Leased?: Yes
Lease Expiration Date: 2027-06-30
No. of 1 Bedroom Units: 3

Unit 2

Full Baths: Yes
Lease Expiration Date: 2027-06-30
Leased?: Yes
Level: 2nd Level
Monthly Rent: 750
Total Bathrooms: Yes
Total Bedrooms: Yes
Unit Number: 2

Unit 3

No. of 3 Bedroom Units: 2
Full Baths: Yes
Lease Expiration Date: 2027-06-30
Leased?: Yes
Level: 2nd Level
Monthly Rent: 1225
Total Bathrooms: Yes
Total Bedrooms: Yes
Unit Number: 3

Unit 4

Full Baths: Yes
Lease Expiration Date: 2027-06-30
Leased?: Yes
Level: 2nd Level
Monthly Rent: 762
Total Bathrooms: Yes
Total Bedrooms: Yes
Unit Number: 4

Unit 5

Full Baths: Yes
Lease Expiration Date: 2027-06-30
Leased?: Yes
Level: 2nd Level
Monthly Rent: 2000
Total Bathrooms: Yes
Total Bedrooms: 3
Unit Number: 5

Unit Details

Total Units: 5

Listing Office: Gold Group Realty, LLC

Last Updated: August - 11 - 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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

352 Bates Avenue, Saint Paul, MN 55106 (MLS# 7073764)