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Renovated Duplex and Single-Family Home
For Sale
$420,000

738 Magnolia Avenue E, Saint Paul, MN 55106

Residential Income, Saint Paul, MN

Property Size3,301 SF
Lot Size0.11 Acres
Price / SF$127.23
Days on Market30

Property Features for 738 Magnolia Avenue E

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bedroom 5, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 6, Bathroom 3, Bathroom 1, Bedroom 4
Exterior features Shakes, Stucco
Subdivision Arlington Hills Add B40&45-49
High school district St. Paul
Directions Payne Ave to Magnolia, East to corner of Walsh St. 738 Magnolia is on the corner, 1073 Walsh is around the corner.
Standard status Active
APN 292922140034
Size 3,301 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 11000

Utilities

Heating system Oil

Building Details

Year built 1906
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Dennis D Kuchenmeister
Added: Jul 24 Changed: Aug 19 Last Checked: Aug 22 at 8:06AM
MLS# 7115880

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering includes two buildings on the same parcel. 738 Magnolia is a traditional duplex, and 1073 Walsh is a single-family home. All three units are currently rented, with tenants paying utilities. Both buildings were fully rehabbed in 2015 and have been professionally maintained since.

The updates include newer roofs and mechanical upgrades serving all three units, including two furnaces and a boiler, designed to support reliable year-round operation. The property has a history of being maintained with care, contributing to consistently well-preserved interiors.

With a duplex plus a separate single-family residence sharing the same PID, the layout provides built-in flexibility for different living arrangements while maintaining income from all units. The property is turnkey and fully occupied now.

Key Highlights

  • Two‑building setup: 738 Magnolia (duplex) plus 1073 Walsh (single‑family home), sharing the same PID
  • All three units currently rented; tenants pay utilities
  • Buildings completed a full rehab in 2015, with newer roofs plus professionally maintained upkeep since

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage Kitchen & Bath Showroom Electrical Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

919
Businesses Nearby

Demographics for 55106, MN

60,327
Population
19,974
Households
3
Avg Household Size
30
Median Age
23%
College-Educated
82%
High-School Grad
9.4 sq mi
ZIP Area
6,418
Density / Sq Mi
$68,601
Median Household Income
$39,834
Median Earnings
$1,230
Median Rent
$233,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two buildings on one parcel are fully rented, and tenants pay utilities; the duplex and single-family home were fully rehabbed in 2015.
Where is this duplex located?
The property is located at 738 Magnolia Avenue E Saint Paul, MN.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Two‑building setup: 738 Magnolia (duplex) plus 1073 Walsh (single‑family home), sharing the same PID; All three units currently rented; tenants pay utilities; Buildings completed a full rehab in 2015, with newer roofs plus professionally maintained upkeep since
More about this property
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