Property Listing
Description
Rare opportunity to acquire one of the largest multifamily properties in the portfolio consisting of two joined and nearly identical brick buildings totaling 8 residential units. Unit mix includes four 1-bedroom units, two 3-bedroom units, and two exceptionally large 4-bedroom multi-level units, creating strong tenant demand across multiple renter profiles. Situated on a corner lot in a highly accessible St Paul location, the property features off-street parking, detached garage space for parking or storage, and spacious unit layouts uncommon for traditional multifamily properties. Strong brick exterior construction, stable rental history, and proximity to public transportation, shopping, restaurants, and major transportation corridors support long-term investment stability. Utilities are currently partially owner-paid with ownership implementing a RUBS utility reimbursement program across the portfolio beginning Q3 2026, creating additional NOI upside potential through utility cost recovery and operational efficiencies.
Property Information
Status: Active
Sub Type: ********
List Price: $1,247,350
MLS#: 7074753
Current Price: $1,247,350
Address: 732 Marshall Avenue, Saint Paul, MN 55104
City: Saint Paul
State: MN
Postal Code: 55104
Geo Lat: 44.948274
Geo Lon: -93.131118
Subdivision: Holcombes Add To, Saint P
County: Ramsey
Property Description
Year Built: 1888
Lot Size SqFt: 9583.2
Gen Tax: 21158
Specials Inst: 2439
High School: St. Paul
Square Ft. Source:
Above Grade Finished Area:
Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: ********
Style: ********
Total Bedrooms: 18
Total Bathrooms: 12
Total Full Baths: ********
Garage Type:
Garage Stalls: 2
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: Building, Fixture/Equipment, Leases, Rental License
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: