About 352 Bates Avenue
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.
Features of 352 Bates Avenue
| MLS® # | 7073764 |
|---|---|
| Price | $612,750 |
| Bedrooms | 9 |
| Bathrooms | 5.00 |
| Acres | 0.18 |
| Year Built | 1904 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 352 Bates Avenue |
|---|---|
| Area | 90 |
| Subdivision | Lyman Dayton Add |
| City | Saint Paul |
| County | Ramsey |
| State | MN |
| Zip Code | 55106 |
Amenities
| Utilities | Electric Common, Electric Separate, Heating Common, Heating Separate, Hot Water Common, Hot Water Separate |
|---|---|
| Parking | Detached Garage, Gravel, Parking Lot |
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Appliances | Range, Refrigerator |
|---|---|
| Heating | Boiler, Hot Water, Radiator |
| Cooling | None |
| Fireplace | No |
Exterior
| Exterior Features | Wood |
|---|---|
| Lot Description | Tree Coverage - Medium |
| Roof | Age 8 Years or Less, Asphalt, Flat, Pitched, Rubber |
| Construction | Block, Brick, Concrete, Frame, Stone |
School Information
| District | St. Paul |
|---|
Additional Information
| Days on Market | 118 |
|---|---|
| Zoning | Residential-Multi-Family |
| Foreclosure | No |
| Short Sale | No |
| Taxes | $11,158 |
Listing Details
| Office | Gold Group Realty, LLC |
|---|
