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    Two-to-Seven Unit Apartment Building Title is generated by Realmo AI

    330 Magnolia Avenue East, St Paul, MN 55130

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    For-sale 14-unit multifamily property at 330 Magnolia Avenue East for investors seeking a small-balance apartment asset.

    Type:Retail
    Property size:
    9,472 SF
    Price / SF:
    $163/SF
    Added:
    Jun 3, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 6 at 2:47 am

    Property Features for 330 Magnolia Avenue East

    General Information

    Standard status
    Active
    Size
    9,472 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1962

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    Listing Contact
    Steven Thao

    Listing agent Steven Thao License #40945880

    Listing office Creative Results

    Listing date Jun 3, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Creative Results

    HighLights

    • 14‑unit multifamily apartment property
    • Built in 1962

    Overview

    This property is a for-sale multifamily apartment building configured as a mix of two- to seven-unit apartment buildings, totaling 14 units overall. It is offered as a residential income property designed to house multiple tenants within one consolidated ownership structure.

    The building is located at 330 Magnolia Avenue East in St Paul, Minnesota (55130). The listing represents a single 14-unit asset rather than separate scattered parcels, which can simplify ownership and operations for qualified buyers.

    With 14 units in place, this offering may appeal to investors and operators looking for a medium-sized residential income property. As with any multifamily purchase, underwriting should account for the building’s unit mix, existing operating history, and ongoing maintenance and capital planning. Interested buyers should review the property details, tenancy information, and any available financials during their due diligence to confirm performance drivers and align with their investment criteria.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $246.7k $26.04
    − Vacancy −$15.5k −$1.64
    EGI $231.1k $24.40
    − OpEx −$104.0k −$10.98
    NOI $127.1k $13.42
    9,472 SF · lease $26.04/SF/yr · vacancy 6.30% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.82M
    $1.59M – $2.12M (±1% cap)
    NOI $127,112 @ 7.0% cap · market cap 8.20%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Healthcare Medical
    $2.33M
    $2.04M – $2.72M (±1% cap)
    NOI $163,165 @ 7.0% cap · market cap 10.52%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Accounting Firm Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    St Paul
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.0866921
    Latitude
    44.9735959

    FAQs

    What type of property is this?
    Apartment building - For-sale 14-unit multifamily property at 330 Magnolia Avenue East for investors seeking a small-balance apartment asset.
    Where is this apartment building located?
    The property is located at 330 Magnolia Avenue East St Paul, MN.
    What is the asking price?
    The asking price for this property is $1,550,900.
    What are key features of this property?
    This property features: 14‑unit multifamily apartment property; Built in 1962
    More about this property
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