Home › 732 Marshall Avenue, Saint Paul, MN 55104 (MLS# 7074753)

732 Marshall Avenue, Saint Paul, MN 55104 (MLS# 7074753)

$1,247,350
732 Marshall Avenue
Saint Paul, MN 55104
MLS# 7074753
18 beds  |  12 baths
732 Marshall Avenue, Saint Paul, MN 55104
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Property 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.

Details
Maps
Contract Information
Status: Active
Current Price: 1247350
Contingency: None
ListPrice: 1247350
List Date: 2026-05-14
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 8
Owner Occupied: No
Waterfront Present: No
Year Built: 1888
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 18
Baths Total: 12
Foundation Size: 4835
Garage Stalls: 2
For Sale or Lease: For Sale
Acres: 0.22
Lot Dimensions: 80 x 120
Assessment Pending: Yes
Location Tax and Other Information
House Number: 732
Street Name: Marshall
Street Suffix: Avenue
Postal City: Saint Paul
County: Ramsey
State: MN
Zip Code: 55104
Complex/Dev/Subdivision: Holcombes Add To, Saint P
Assessments
Assessment Balance: 2439
Tax With Assessments: 21158
Basement
Foundation Dimensions: 79 x 65
Building Information
Building Finished SqFt: 15405
Building SqFt: 15405
Ceiling Height: 8-10
Income and Expenses
Annual Gross Income: 149820
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 16 x 16
Garage Square Feet: 256
Public Survey Info
Range#: 23
Section#: 02
Township#: 28
Sale Options
Sale Includes: Building, Fixture/Equipment, Leases, Rental License
Unit 1
Unit Number: 732-1
Monthly Rent: 1167
Full Baths: 1
Total Bathrooms: 1
Total Bedrooms: 1
Level: Main Level
Unit Total SqFt: 700
Leased?: Yes
Lease Expiration Date: 2027-06-30
No. of 1 Bedroom Units: 4
Unit 2
Full Baths: 1
Lease Expiration Date: 2027-06-30
Leased?: Yes
Level: Main Level
Monthly Rent: 1150
Total Bathrooms: 1
Total Bedrooms: 1
Unit Number: 732-2
Unit Total SqFt: 700
Unit 3
No. of 3 Bedroom Units: 2
Full Baths: 2
Lease Expiration Date: 2027-06-30
Leased?: Yes
Level: Multi-Level
Monthly Rent: 2100
Total Bathrooms: 2
Total Bedrooms: 4
Unit Number: 732-3
Unit Total SqFt: 1900
Unit 4
Full Baths: 2
Lease Expiration Date: 2027-06-30
Leased?: Yes
Level: Multi-Level
Monthly Rent: 1950
Total Bathrooms: 2
Total Bedrooms: 3
Unit Number: 732-4
Unit Total SqFt: 1800
Unit 5
Full Baths: 1
Lease Expiration Date: 2027-06-30
Leased?: Yes
Level: Main Level
Monthly Rent: 1180
Total Bathrooms: 1
Total Bedrooms: 1
Unit Number: 736-1
Unit Total SqFt: 700
Unit 6
Full Baths: 1
Lease Expiration Date: 2027-06-30
Leased?: Yes
Level: Main Level
Monthly Rent: 1130
Total Bathrooms: 1
Total Bedrooms: 1
Unit Number: 736-2
Unit Total SqFt: 700
Unit 7
Full Baths: 2
Lease Expiration Date: 2027-06-30
Level: Multi-Level
Monthly Rent: 2100
Total Bathrooms: 2
Total Bedrooms: 4
Unit Number: 736-3
Unit Total SqFt: 1900
Unit 8
Full Baths: 2
Lease Expiration Date: 2027-06-30
Leased?: Yes
Level: Multi-Level
Monthly Rent: 1708
Total Bathrooms: 2
Total Bedrooms: 3
Unit Number: 736-4
Unit Total SqFt: 1800
Unit Details
Total Units: 8
Property Features
Accessible: Doors 36"+; Hallways 42"+
Air Conditioning: None
Amenities Shared: Coin-op Laundry Owned
Appliances: Range; Refrigerator
Assumable Loan: Not Assumable
Basement: Concrete Block; Egress Windows; Full; Owner Access; Partially Finished; Shared Access; Storage Space
CMU Style: Apartments/Multi Family; Freestanding; Low Rise
Construction Materials: Block; Brick; Concrete; Frame
Construction Status: Previously Owned
Current Use: Residential
Exterior: Brick/Stone; Wood
Fencing: None
Flooring: Carpet; Tile; Vinyl/Linoleum; Wood
Foundation: Concrete Block
Fuel: Electric; Natural Gas
Heating: Boiler; Hot Water; Radiator
Internet Options: Cable
Loan Terms: Cash; Conventional; FHA; VA
Location Description: Free Standing
Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light
On Site Utilities: Electric Common; Electric Separate; Heating Common; Heating Separate; Hot Water Common; Hot Water Separate
Owner Pays: Electricity; Gas; See Remarks; Trash Collection; Water
Parking Characteristics: Gravel Lot; Unassigned
Rent Rate per Foot: Per Month
Rental License Type: Standard
Road Frontage: City Street; Curbs; Paved Streets
Road Responsibility: Public Maintained Road
Roof: Age Over 8 Years; Asphalt Shingles; Pitched
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: Electricity; Gas; See Remarks
Topography: Level
Wall Description: Concrete/Block; Drywall; Finished; Insulated; Plaster
Water: City Water/Connected

Listing Office: Gold Group Realty, LLC

Last Updated: May - 16 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Sunday 17th of May 2026 07:04 AM

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