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$800,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 12 Total Beds
  • 4 Car Garage
  • Updated 47 minutes ago
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Here is your chance to own an A building in the highly desirable Mahtomedi School District. These buildings don't come a long very often. Very easy to rent 3bedroom and 1 bath units. 3 of the 4 units have been updated and are in excellent condition. New kitchens and baths. Long term owners have kept rents low and can be easily raised. Well cared for and managed. Quiet area with lots of green space. Tandem garage and decks for each unit.

Full Property Details for 240 Hallam Ave S

General

  • Price: $800,000
  • Taxes: $7,542 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7145431
  • Updated: Today (9/16/2026)
  • Added to Site: Today

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 12

Other Rooms

  • Laundry: Lower Level, Lower Level

Parking

  • Garage: Yes
  • Garage Spaces: 4
  • Parking Features: Tuckunder Garage

Location

  • County: Washington
  • Township: Mahtomedi
  • Subdivision: Mallard Shores
  • Driving Directions: Highway 36 to Hilton Trail to Hallam Ave

School Information

  • School District: 832 - Mahtomedi
  • High School District: Mahtomedi

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Exterior Const.: Block
  • Basement: Yes
  • Basement Desc.: Block
  • Foundation Size: 2200
  • Roof: Age Over 8 Years
  • Disability Access: None
  • Square Feet: 4,352
  • Above Ground: 4,352 Sq. Ft.
  • Finished Down/Base.: 4,352 Sq. Ft.
  • Year Built: 1985

Unit Information

  • Units w/Refrigerators: 1

Lot Features

  • Lot Size (Acres): 1.14
  • Lot Dimensions: 31 x 285 x 309 x 474
  • Zoning: Residential-Multi-Family

Financial Considerations

  • Tax Amount: $7,542
  • Tax Year: 2025
  • Terms: Conventional, VA, FHA, Cash
  • Owner Pays: Grounds Care, Repairs, Sewer, Snow Removal, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Gas, Heat, Telephone
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays
  • Pays Heat: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: SUBDIVISIONNAME MALLARD SHORES LOT 3 BLOCK 1 SUBDIVISIONCD 87456 SUBJ TO EASE SUBJECT TO DRAINAGE EASEMENT MAHTOMEDI CITY
  • Property ID: 2903021410023

Listed by Keller Williams Premier Realty

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— 240 Hallam Ave S —

  • Keller Williams Premier Realty

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 240 Hallam Ave S

School District:Mahtomedi Public School District
NameGradesDistance
O.H. Anderson Elementary School
666 North Warner Avenue, Mahtomedi, MN 55115
3-50.7 mi
Wildwood Elementary School
8698 75th Street North, Stillwater, MN 55082
K-21 mi
Mahtomedi Middle School
8100 75th Street North, Mahtomedi, MN 55115
6-80.4 mi
Mahtomedi Senior High School
8000 75th St N, Mahtomedi, MN 55115
9-120.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 240 Hallam Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/16/2026
Listed
$800,000
471.43%
MLS
4/01/2005
Sold
$140,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 240 Hallam Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2026
$8,320
10%
$575,100
—
2025
$7,542
18%
$575,100
17%
2023
$6,414
—
$492,200
6%
2023
$6,414
-7%
$462,800
1%
2021
$6,896
14%
$457,600
16%
2020
$6,052
1%
$396,000
1%
2018
$5,996
1%
$393,300
7%
2017
$5,958
1%
$368,200
—
2016
$5,890
-8%
$368,200
-7%
2019
$6,378
7%
$396,000
10%
2015
$5,962
2%
$358,500
—
2014
$5,832
—
$358,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Keller Williams Premier Realty

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240 Hallam Avenue S, Mahtomedi, MN 55115 (MLS# 7145431) is a Multi-Family property with 4 units containing 12 bedrooms and 0 full bathrooms. 240 Hallam Avenue S is currently listed for $800,000 and was received on September 16, 2026. Want to learn more about 240 Hallam Avenue S? Do you have questions about finding other Multi-Family real estate for sale in Mahtomedi? You can browse all Mahtomedi real estate or contact a Coldwell Banker agent to request more information.

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