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Neal Lawson

neal@mndreamteam.com +1(612) 418-5892

$ 420,000

Est. payment -/mo

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Active

738 Magnolia AVE E Saint Paul, MN 55106

6 Beds

3 Baths

3,301 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,301 sqft

Price per Sqft $127

Subdivision Arlington Hills Add B40&45-49

MLS Listing ID 7115880

Bedrooms 6

Year Built 1906

Annual Tax Amount $11,000

Tax Year 2026

Contingent None

Lot Size 5000.000 Acres

Lot Dimensions 40x125

Property Sub-Type Other

Property Description

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.

Location

State MN

County Ramsey

Rooms

Basement Full, Unfinished

Interior

Heating Boiler

Fireplace No

Laundry In Basement

Building

Story More Than 2 Stories

Foundation 1674

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories More Than 2 Stories

New Construction false

Schools

School District St. Paul

Listed by Dennis Kuchenmeister • RE/MAX Results

NEARBY SCHOOLS & PROPERTIES

Neal Lawson

Broker Associate | License ID: 502039225

+1(612) 418-5892

Neal Lawson

738 Magnolia AVE E Saint Paul, MN 55106

Key Details

Location

Rooms

Interior

Building

Schools

NEARBY SCHOOLS & PROPERTIES

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