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Hatch Brokered by Real

| Hatch Brokered by Real | Real Brokerage LLC | PLACE

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738 Magnolia Ave E , Saint Paul, MN 55106
$420,000
Est. Payment: $2,169.92/mo
6 Bed
3 Bath
3301 Sqft
Status: Active | Days on site: 44
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40577 - 506096128
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House Description

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.

Highlights

Listed by Dennis D Kuchenmeister , 651-503-6992 RE/MAX Results , 651-484-8800. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Multi-Family

Lot/Acreage
0.11

Year Built

1906

County

Ramsey

Neighborhood

Arlington Hills Add B40&45-49

School District

St. Paul

Listing ID

7115880

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:3
  • Full Bathrooms:3
Above Ground Sq Ft:3301
Below Ground Sq Ft:0
Basement:Full,Unfinished
Water:City Water/Connected

Exterior Features

Lot Dimensions:40x125
Sewer:City Sewer/Connected
Principal Interest
$2,170
Taxes
$917

Home Price

$420,000

Loan Details

30 yrs
6.708%

Down Payment

20%
$84,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,169.92

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,169.92 $916.67 $0.00 $3,086.58
Yearly $26,039.01 $11,000.00 $0.00 $37,039.01
Total $781,170.24 $330,000.00 $0.00 $1,111,170.24
Lender profile image
Will Provost
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Saint Paul, MN).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-06T08:58:07.000Z

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