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MLS: #7115880, Listed By: Dennis Kuchenmeister, RE/MAX Results, Source:FargoMoorhead Area Association of REALTORS

738 Magnolia Avenue

Saint Paul, MN 55106
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Bed 6

Bed

Bath 3

Bath

SqFt3,301

Sqft

SqFt5,000

Sqft(Lot)

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 co operative 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $420,000

AD Id : 88392565

MLS Id : 7115880

Beds : 6

Lot Size : 5,000 Sqft

Living Area Size : 3,301

Year Built : 1906

County : Ramsey

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 3

    Room Information

    Has Basement: Yes Basement: Full, Unfinished
  • Heating & Cooling

    Has Heating: Yes

  • Building Information

    Year Built: 1906 Building Area Total: 3301 Patio And Porch Features: Patio Private Pool: No

  • Lot Information

    Lot Dimensions: 40x125 Main Square Feet: 5000 Square Feet Lot Size Acres: 0.11 Lot Size Square Feet: 5000

    Property Information

    Subdivision: Arlington Hills Add B40&45-49 Source Property Type: Residential Income Postal Code Plus 4: 1929 Property SubType: Multi Family Property Age: 120

  • Listing Price Information

    Listing Price: $420000 Cash, Conventional, FHA, Trade, Contract, VA Loan

  • Tax Information

    Parcel Number: 292922140034 Tax Year: 2026 Annual Tax: $11000 Tax Legal Desc: ARLINGTON HILLS ADD B4045 49 LOT 1 BLK 3

  • Homeowners Association Information
    Association Amenities: Coin Laundry

  • Location Information

    Direction: Payne Ave to Magnolia, East to corner of Walsh St. 738 Magnolia is on the corner, 1073 Walsh is around the corner. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1667 Ames Avenue, Saint Paul, MN, 55106 $340,000 6 5 3,877 3,877 SqFt
1596 Mclean Avenue, Saint Paul, MN, 55106 $360,000 5 2 2,013 2,013 SqFt
1562 Ivy Avenue, Saint Paul, MN, 55106 $354,900 5 3 2,205 2,205 SqFt
1235 Minnehaha Avenue, Saint Paul, MN, 55106 $399,900 6 3 2,439 2,439 SqFt
1195 Bush Avenue, Saint Paul, MN, 55106 $420,000 6 2 2,600 2,600 SqFt
1105 Rose Avenue, Saint Paul, MN, 55106 $235,000 6 2 1,465 1,465 SqFt
1177 Forest Street, Saint Paul, MN, 55106 $289,900 5 2 1,744 1,744 SqFt
915 Rose Avenue, Saint Paul, MN, 55106 $325,000 4 2 2,130 2,130 SqFt
895 Rose Avenue, Saint Paul, MN, 55106 $315,000 5 3 2,532 2,532 SqFt
893 Jenks Avenue, Saint Paul, MN, 55106 $374,000 4 4 4,326 4,326 SqFt
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

ByOwner last updated this listing 07/27/2026 @ 20:08

MLS: 7115880 LISTED BY: Dennis Kuchenmeister, RE/MAX Results 651-484-8800 SOURCE: FargoMoorhead Area Association of REALTORS

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