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.
Listed By
Agency Name: RE/MAX Results
Agency Phone: 651-484-8800
Shown By
Agency Title: Joel Hentges - Re/Max Advantage Plus
Agency Phone: 952-475-9541
Estimated Payment
$ 1,973.90 per month $934.74 Principal & Interest $916.67 Property Tax $122.50 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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738 Magnolia Avenue E | MLS# 7115880
This multi-family property located at 738 Magnolia Avenue E, Saint Paul, MN 55106 is currently listed for sale with an asking price of $420,000. Magnolia Avenue E is located within the St. Paul school district. Search Saint Paul real estate on www.homesbyjoel.com today.