738 Magnolia Avenue E, Saint Paul, MN 55106
Local realty services provided by:CENTURY 21 FM Realty
738 Magnolia Avenue E,Saint Paul, MN 55106
$420,000
- 6 Beds
- 3 Baths
- 3,301 sq. ft.
- Multi-family
- Active
Listed by: dennis d kuchenmeister
Office: re/max results
MLS#:7115880
Source:ND_FMAAR
Price summary
- Price:$420,000
- Price per sq. ft.:$127.23
About this home
TWO BUILDINGS included: 738 Magnolia, a traditional duplex, AND 1073 Walsh, a "single family home". All three units currently rented, with tenants paying utilities. It's an exceptional investment or down-the-road owner-occupant opportunity with a rare configuration: a fully renovated duplex and a separate, updated single-family home sharing the same PID. In 2015, both buildings underwent a full rehab and have been professionally maintained and rented since. Updates include newer roofs, 2 furnaces and a boiler, serving all three units, ensuring reliability and reduced operating costs for years to come. For much of its rental history, the property served a healthcare facility providing transitional housing, where tenants treated the homes with exceptional care. The landlord has cultivated cooperative tenant relationships, resulting in well-preserved interiors, respectful tenants, and a reputation for quality upkeep. Fully rented now, and with tenants paying utilities, what sets this property apart is its built-in versatility and turnkey readiness. The combination of a duplex and single-family residence on one parcel creates diversified income streams, enhanced privacy for residents, and potential for various living arrangements—such as multi-generational housing or house-hacking. Whether you’re an investor looking for a proven, low-maintenance cash-flow asset with strong rental demand or a buyer wanting income to offset a mortgage, 738 Magnolia/1073 Walsh stands out as a thoughtfully updated, resilient property with a track record of success....
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Home facts
- Year built:1906
- Subdivision & Development:Arlington Hills Add B40&45-49
- Listing ID #:7115880
- Added:68 day(s) ago
- Updated:September 30, 2026 at 05:05 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Living area:3,301 sq. ft.
Structure and exterior
- Year built:1906
- Building area:3,301 sq. ft.
- Lot area:0.11 Acres
Utilities
- Water:City Water/Connected
- Sewer:City Sewer/Connected
Finances and disclosures
- Price:$420,000
- Price per sq. ft.:$127.23
- Tax amount:$11,000
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