$420,000
738 Magnolia Avenue E Saint Paul, MN 55106
For Sale MLS# 7115880
6 beds 3 baths 3,301 sq ft Multi-family
Details for 738 Magnolia Avenue E
MLS# 7115880
Description for 738 Magnolia Avenue E, Saint Paul, MN, 55106
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.
Listing Information
Property Type: Multi-family
Status: Active
Bedrooms: 6
Bathrooms: 3
Lot Size: 0.11 Acres
Square Feet: 3,301 sq ft
Year Built: 1906
Foundation: 1,674 sq ft
Stories: More Than 2 Stories
Subdivision: Arlington Hills Add B40&45-49
Number Of Units Total: 3
County: Ramsey
Days On Market: 4
Construction Status: Previously Owned
School Information
District: 625 - St. Paul
Additonal Room Information
Laundry: In Basement
Interior Features
Square Footage above: 3,301 sq ft
Basement: Full, Unfinished
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Natural Gas, Boiler
Exterior / Lot Features
Parking Description: Garage Sq Ft - 0.00
Exterior: Shakes, Stucco
Lot Dimensions: 40x125
Additional Exterior/Lot Features: Road Frontage - City
Community Features
Association Amenities: Patio, Porch, Coin-op Laundry Owned
Driving Directions
Payne Ave to Magnolia, East to corner of Walsh St. 738 Magnolia is on the corner, 1073 Walsh is around the corner.
Financial Considerations
Tenant Pays: Cable T.V.,Electric,Gas,Heat
Gross Income: 51720
Tax/Property ID: 292922140034
Tax Amount: 11000
Tax Year: 2026
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: RE/MAX Results
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 738 Magnolia Avenue E
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 738 Magnolia Avenue E
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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