LKV Realty
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$420,000
$2,150Reward *
738 Magnolia Avenue E, Saint Paul, MN 55106Listing ID 7115880

738 Magnolia Avenue E, Saint Paul, MN 55106

Active
Arlington Hills Add B40&45-49
Time on site: 20 daysLast updated: Jul 25, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Other
Bedrooms
Bedrooms
6
Bathrooms
Bathrooms
3
Square Feet
Square Feet
3,301
Days on Site
Days on Site
19
Heating
Heating
Boiler
Year Built
Year Built
1906

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.

Property Information

Property Details

Location

Address
738 Magnolia Avenue E
County
Ramsey
City
Saint Paul
Zip Code
55106
Subdivision
Arlington Hills Add B40&45-49
School District
St. Paul

Interior Features

Beds and Baths

Bedrooms
6

Building

Building Information

Square Feet
3,301
Year Built
1906
Foundation
Other

Property Taxes

Tax Annual Amount
$11,000
Tax Year
2026
RE/MAX Results, (651) 484-8800

Market Report for 55106

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Northstar MLS
Northstar MLS logo

Based on information submitted to the MLS GRID as of 13 Aug 2026, 06:51 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. 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.

For corrections to this data please contact Brytecore MLS Support.

NST506096128