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$249,000

  • For Sale
  • Active
  • Multi-Family
  • 2 Units
  • 4 Total Beds
  • Updated 1 day ago
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This 2BR each unit duplex is an incredible investment opportunity. Property taxes are under the 4D program. Room for expansion and equity builder. Hardwood flooring in both units, fenced rear yard and off street parking. Upper unit has entrance to unfinished area for additional sq. ft. Awesome area. School and park across the street. Walking distance to Blue Line and bus.

Full Property Details for 395 Thomas Ave

General

  • Price: $249,000
  • Taxes: $1,384 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6797123
  • Updated: 1/12/2026
  • Added to Site: 108 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: In Basement, In Basement

Additional Information

  • Shared Amenities: Coin-op Laundry Owned

Exterior

  • Porch/Patio/Deck: Front Porch

Parking

  • Parking Features: Open

Location

  • County: Ramsey
  • Township: Saint Paul
  • Subdivision: Smiths Sub Of Stinsns Div B 2 6 7 8
  • Neighborhood: 102
  • Driving Directions: 94 north on Dale Ave. To Thomas east to property

School Information

  • School District: 2102 - St. Paul
  • High School District: St. Paul

Heating & Cooling

  • Heating Type: Baseboard, Forced Air, Space Heater
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Foundation Size: 962
  • Roof: Age Over 8 Years
  • Disability Access: None
  • Square Feet: 1,892
  • Above Ground: 1,112 Sq. Ft.
  • Below Ground: 962 Sq. Ft.
  • Year Built: 1895

Unit Information

  • Units w/Refrigerators: 2

Lot Features

  • Lot Size (Acres): 0.114
  • Lot Dimensions: 40 x 125
  • Frontage: City Street, Curbs, Sidewalks
  • Zoning: Residential-Multi-Family
  • Fencing (Description): Chain Link

Financial Considerations

  • Operating Expenses: $5,210
  • Tax Amount: $1,384
  • Tax Year: 2025
  • Terms: Adj. Rate/Gr Payment, Conventional Rehab, Conventional, Cash
  • Owner Pays: Insurance, Sewer, Taxes, Trash Collection, Water
  • Tenant Pays: Electricity, Gas
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: Smiths Subdivision of Blk 2 6, lot 12 blk 8
  • Property ID: 362923210149

Listed by Cardinal Realty Co.

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Listing agent

— 395 Thomas Ave —

  • Cardinal Realty Co.

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NMLS#: 1598647

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 395 Thomas Ave

School District:St. Paul Public School District
NameGradesDistance
Jackson Magnet Elementary School
437 Edmund Avenue West, Saint Paul, MN 55103
PK-50.1 mi
Hidden River Middle School
1700 Summit Avenue, Saint Paul, MN 55105
6-83 mi
Central Senior High School, Saint Paul, MN
275 Lexington Parkway North, Saint Paul, MN 55104
9-121.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 395 Thomas Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/30/2025
Price Reduced
$249,000
-6.04%
MLS
10/02/2025
Listed
$265,000
59.83%
MLS
8/20/2003
Sold
$165,800
—
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 395 Thomas Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,384
-49%
$256,100
9%
2024
$2,710
1%
$234,300
1%
2023
$2,676
17%
$230,900
28%
2021
$2,288
-14%
$180,900
-15%
2023
$2,676
25%
$213,400
21%
2020
$2,140
—
$176,700
11%
2020
$2,140
-33%
$158,500
13%
2019
$3,196
10%
$139,800
6%
2018
$2,900
19%
$131,400
11%
2017
$2,438
-2%
$118,700
5%
2016
$2,488
2%
$113,200
-1%
2015
$2,430
12%
$113,900
20%
2014
$2,174
—
$94,900
—
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 Cardinal Realty Co.

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395 Thomas Avenue, Saint Paul, MN 55103 (MLS# 6797123) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 395 Thomas Avenue is currently listed for $249,000 and was received on September 30, 2025. Want to learn more about 395 Thomas Avenue? Do you have questions about finding other Multi-Family real estate for sale in Saint Paul? You can browse all Saint Paul real estate or contact a Coldwell Banker agent to request more information.

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