365 Earl Street, Saint Paul, MN 55106 (MLS# 6808041)

365 Earl Street, Saint Paul, MN 55106

$1,000,000

Property Type: Commercial Bedrooms: 8 Baths: 8 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $1,000,000 List Date: 11/11/2025 Last Modified: 8/27/2026

Overview

Description

Located in the heart of Saint Paul’s rapidly evolving East Side, 365 Earl Street offers investors a rare mixed-use opportunity in an area poised for significant growth. This property includes 9 total units, 4 commercial and 5 residential, providing both strong income diversity and the security of multiple revenue streams. The commercial spaces are currently occupied by a long-standing convenience store, a tattoo shop, and an Alcoholics Anonymous center, all of which serve the surrounding neighborhood and bring consistent foot traffic to the building. The 5 residential units include three 2-bedroom apartments, one 3-bedroom apartment, and one studio, appealing to a wide range of tenants and offering steady residential demand. This property sits directly along the new Gold Line rapid transit route, connecting the East Side to downtown Saint Paul and beyond. As the Gold Line begins service, the area surrounding Earl Street and Hudson Road is already experiencing early signs of revitali ... (Read more) Located in the heart of Saint Paul’s rapidly evolving East Side, 365 Earl Street offers investors a rare mixed-use opportunity in an area poised for significant growth. This property includes 9 total units, 4 commercial and 5 residential, providing both strong income diversity and the security of multiple revenue streams. The commercial spaces are currently occupied by a long-standing convenience store, a tattoo shop, and an Alcoholics Anonymous center, all of which serve the surrounding neighborhood and bring consistent foot traffic to the building. The 5 residential units include three 2-bedroom apartments, one 3-bedroom apartment, and one studio, appealing to a wide range of tenants and offering steady residential demand. This property sits directly along the new Gold Line rapid transit route, connecting the East Side to downtown Saint Paul and beyond. As the Gold Line begins service, the area surrounding Earl Street and Hudson Road is already experiencing early signs of revitalization, with new commercial investment, residential redevelopment, and infrastructure improvements signaling a long-term upward trajectory for property values. The City of Saint Paul and the Downtown Alliance have also announced plans to convert downtown office buildings into 20,000–30,000 new residential units, a shift that will dramatically increase the demand for convenient, transit-connected neighborhoods like this one. For investors, 365 Earl Street represents a solid income-producing asset today and a strategic position for future appreciation tomorrow. The mix of commercial and residential tenants offers balanced returns, while the property’s location along the Gold Line corridor places it squarely within one of the city’s most promising development zones. This building may be purchased individually or as part of a package deal with 1051 Hudson Road, located immediately next door, creating a combined offering ideal for a portfolio-minded buyer seeking scale, stability, and long-term upside. Buyer agent to verify all measurements. Pre-approved and vetted buyers only!

Listing Details MLS# 6808041

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1898
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 5418
For Sale or Lease: For Sale
Acres: 0.12
Lot Dimensions: 42 x 129
Assessment Pending: Unknown

Property Features

Accessible: None Assumable Loan: Not Assumable CMU Style: Mixed Use Construction Status: Previously Owned Current Use: Commercial; Office; Other; Professional Service; Residential; Retail Existing Financing: Conventional Exterior: Brick/Stone Fuel: Natural Gas Heating: Boiler Loan Terms: Cash; Contract for Deed; Conventional; Trade Lock Box Type: None On Site Utilities: Electric Separate Potential Use: Grocery; Office; Other; Professional; Retail Rental License Type: Standard Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 1000000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 365
Street Name: Earl
Street Suffix: Street
Postal City: Saint Paul
County: Ramsey
State: MN
Zip Code: 55106
Complex/Dev/Subdivision: Scottens Sub Of B71 Lyman Day

Assessments

Tax With Assessments: 16704

Building Information

Building Finished SqFt: 5439

More Information

Income and Expenses

Annual Fuel Expense: 10656
Annual Gross Expenses: 74543
Annual Gross Income: 136200
Annual Insurance Expense: 9000
Annual Net Income: 61657
Annual Water/Sewer Expense: 6287
Total Annual Expenses: 74543

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 22
Section#: 33
Township#: 29

Sale Options

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

Unit 1

Unit Number: A
Monthly Rent: 3500
Half Baths: Yes
Total Bathrooms: Yes
Level: Main Level
Leased?: No

Unit 2

No. of 2 Bedroom Units: 3
Full Baths: Yes
Leased?: No
Level: 2nd Level
Monthly Rent: 1375
Total Bathrooms: Yes
Total Bedrooms: 2
Unit Number: Yes

Unit 3

No. of 3 Bedroom Units: Yes
Full Baths: Yes
Leased?: No
Level: 2nd Level
Monthly Rent: 1000
Total Bathrooms: Yes
Total Bedrooms: 2
Unit Number: 2

Unit 4

Full Baths: Yes
Leased?: No
Level: 2nd Level
Monthly Rent: 1200
Total Bathrooms: Yes
Total Bedrooms: 2
Unit Number: 3

Unit 5

Leased?: No
Level: 2nd Level
Monthly Rent: 750
Unit Number: 4

Unit 6

Full Baths: Yes
Leased?: No
Level: 2nd Level
Monthly Rent: 1300
Total Bathrooms: Yes
Total Bedrooms: 2
Unit Number: 5

Unit 7

Half Baths: Yes
Leased?: No
Level: Main Level
Monthly Rent: 750
Total Bathrooms: Yes
Unit Number: B

Unit 8

Half Baths: Yes
Leased?: No
Level: Main Level
Monthly Rent: 775
Total Bathrooms: Yes
Unit Number: C

Unit 9

Half Baths: Yes
Leased?: No
Level: Main Level
Monthly Rent: 700
Total Bathrooms: Yes
Unit Number: D

Unit Details

Total Units: 9

Unit Information

No. of Efficiency Units: Yes

Listing Office: Keller Williams Premier Realty

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

365 Earl Street, Saint Paul, MN 55106 (MLS# 6808041)