Date
Details
Price
Change
Source
9/10/2026
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$750,000
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Property Description
Excellent mixed-use opportunity in a highly visible location along the University Avenue corridor in St. Paul! This versatile property features two fully finished commercial spaces on the main level plus two residential units on the upper level, offering flexibility for investors, owner-users, or those looking to diversify their income potential under one roof. Both residential units feature private front and rear entrances and have been refreshed with new windows, stainless steel appliances, new carpet, and fresh paint. Each unit also offers a covered rear deck, while reserved parking behind the building provides added convenience for future tenants. The main-level commercial spaces are fully finished and equipped with mini-split systems for air conditioning, providing ready-to-use space for a variety of potential business needs. A full unfinished basement offers substantial additional storage space. Located directly on the bustling University Avenue corridor, the property offers excellent accessibility and convenient proximity to public transportation, including the METRO Green Line light rail and nearby bus routes, with easy connections throughout St. Paul and Minneapolis. A unique opportunity to own a mixed-use property combining commercial and residential space in a well-connected St. Paul location. Schedule your private showing today!
Full Property Details
Full Property Details for 298 University Ave W
General
- Price: $750,000
- Taxes: $16,713 (2026)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7140482
- Updated: 9/10/2026
- Added to Site: 26 day(s) ago
Interior
- Appliances: Microwave, Range, Refrigerator, Stainless Steel Appliances
- Flooring: Carpet, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Amenities: Deck, Kitchen Window, Paneled Doors
Exterior
- Porch/Patio/Deck: Deck
Parking
- Parking Features: Assigned, Parking Lot, Paved Lot
Location
- County: Ramsey
- Township: Saint Paul
- Subdivision: Chambers Add
- Neighborhood: 101
- Driving Directions: From Minneapolis, take I-94 E to Dale St. Exit Dale St and head north. Turn right (east) onto University Ave W. Continue east to 298 University Ave W. Property will be on University Ave, west of Rice St.
School Information
- School District: 625 - St. Paul
- High School District: St. Paul
Heating & Cooling
- Cooling Type: Ductless Mini-Split, Window Unit(s)
- Heating Type: Boiler
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
- Utility Description: Electric Separate, Heating Separate, Hot Water Separate
Structural Information
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Foundation Size: 2000
- Roof: Age Over 8 Years, Flat
- Disability Access: None
- Current Bldg. Use: Beauty/Barber Shop, Food Service, Residential
- Year Built: 1904
Lot Features
- Lot Size (Acres): 0.09
- Lot Dimensions: 41 x 98 x 41 x 98
- Frontage: City Street, Paved Streets, Sidewalks
- Zoning: Business/Commercial
- Lot Description: Public Transit (w/in 6 blks), Light Tree Coverage
Financial Considerations
- Tax Amount: $16,713.78
- Tax Year: 2026
- Terms: Contract for Deed, Conventional, Cash, Other
Disclosures and Reports
- Legal Description: CHAMBER'S ADDITION E 40 FT AND 3.5 INCHES OF LOT 4 BLK 3 ELFELT...OF LOT 5 AND EX AVE LOT 6 BLK 3
- Inclusions: Building
- Property ID: 362923420124
Listed by Keller Williams Preferred Rlty
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— 298 University Ave W —
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NMLS#: 1598647
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Schools
Schools serving 298 University Ave W
School District:St. Paul Public School District
| Name | Grades | Distance |
|---|---|---|
Jackson Magnet Elementary School 437 Edmund Avenue West, Saint Paul, MN 55103 | PK-5 | 0.4 mi |
Hidden River Middle School 1700 Summit Avenue, Saint Paul, MN 55105 | 6-8 | 3.1 mi |
Central Senior High School, Saint Paul, MN 275 Lexington Parkway North, Saint Paul, MN 55104 | 9-12 | 1.8 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 298 University Ave W
Tax History
Tax History for 298 University Ave W
Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,844
4%
$645,600
5%
2024
$18,056
—
$612,700
-4%
2024
$18,056
12%
$637,500
—
2023
$16,110
15%
$635,200
24%
2021
$14,006
-13%
$513,300
-6%
2023
$16,110
15%
$545,400
4%
2021
$14,006
19%
$522,300
16%
2020
$11,782
25%
$449,300
12%
2019
$9,418
16%
$401,200
10%
2018
$8,140
2%
$364,700
20%
2017
$7,966
7%
$303,900
114%
2016
$7,456
7%
$142,100
—
2015
$6,940
-11%
$141,900
-50%
2014
$7,822
—
$284,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 298 University Ave W
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- Commercial
- Active
- 4,107Sq. Ft.
- 0.137Acres
Listed by Keller Williams Realty Integrity Lakes
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,678Sq. Ft.
Listed by Favre Real Estate Group (651) 698-2481
- Single Family
- Active
- Updated 13 hours ago
- 3Beds
- 3Total Baths
- 1,816Sq. Ft.
Listed by Tony Farah (612) 532-1685
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 2Total Baths
- 2,184Sq. Ft.
Listed by RE/MAX Results
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 3Total Baths
- 2,410Sq. Ft.
Listed by Fieldstone Real Estate Specialists
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- Townhouse
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,705Sq. Ft.
- Townhouse
- Active
- Updated 5 days ago
- 2Beds
- 2Total Baths
- 1,158Sq. Ft.
Listed by Brasel Real Estate Group (651) 227-9144
- Townhouse
- Active
- Updated 8 hours ago
- 2Beds
- 1Total Bath
- 1,000Sq. Ft.
Listed by National Realty Guild
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- Single Family
- Closed
- 5Beds
- 4Total Baths
- 3,227Sq. Ft.
Listed and Sold by Edina Realty, Inc.
- Single Family
- Closed
- 3Beds
- 3Total Baths
- 2,565Sq. Ft.
Listed by Prandium Group Real Estate
Sold by Compass
Sold by Compass
- Duplex
- Closed
- 4Beds
- 4Total Baths
- 3,200Sq. Ft.
Listed by Edina Realty, Inc.
Sold by Keller Williams Realty Integrity Lakes
Sold by Keller Williams Realty Integrity Lakes
- Condo
- Closed
- Updated 2 hours ago
- 3Beds
- 2Total Baths
- 3,159Sq. Ft.
Listed and Sold by The Hive
298 University Avenue W, Saint Paul, MN 55103 (MLS# 7140482) is a Commercial property. 298 University Avenue W is currently listed for $750,000 and was received on September 10, 2026. Want to learn more about 298 University Avenue W? Do you have questions about finding other Commercial real estate for sale in Summit-University? You can browse all Summit-University real estate or contact a Coldwell Banker agent to request more information.