Home for Sale in Saint Paul
738 Magnolia E Avenue
Saint Paul, MN 55106
Property Details
No. of Units
3
Year Built
1906
Square Feet
3,301
Acres
5,000
2026 Property Taxes
$11,000
School District
St. Paul
County
Ramsey
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.
Payne Ave to Magnolia, East to corner of Walsh St. 738 Magnolia is on the corner, 1073 Walsh is around the corner.
Unit Information
Unit 1
Unit 2
Unit 3
Features
Heating
Boiler
Sewer
City Sewer/Connected
Water
Public
Lot Size
40x125
Foundation
Other
Additional Info
Listed By
Dennis Kuchenmeister of RE/MAX Results
Listed
07/24/26 and last updated 07/25/26
Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.