330 Magnolia Avenue E, Saint Paul, MN 55130 (MLS# 7151047)

330 Magnolia Avenue E, Saint Paul, MN 55130

New Listing
$1,400,900
Property Type: Commercial Square Footage: 9,472 Lot Size (sq. ft.): 14,375 Status: Active
Current Price: $1,400,900 List Date: 9/27/2026 Last Modified: 9/27/2026

Overview

Description

Income-producing multifamily investment opportunity featuring two separate 7-unit apartment buildings for a total of 14 rental units on a single PID. Situated on a desirable corner lot, each unit offers 1 bedroom and 1 bathroom, providing a consistent and highly marketable rental configuration. All tenants are currently on month-to-month leases, offering flexibility for future rent adjustments, property improvements, or management strategies. The property also includes 12 off-street parking stalls located at the rear of the buildings, adding convenience and value for residents.

Listing Details MLS# 7151047

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
12
Owner Occupied
No
Waterfront YN
No
Year Built
1962
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Foundation Size
4736
For Sale or Lease
For Sale
Acres
0.33
Lot Dimensions
123x117
Assessment Pending
Yes

Property Features

Accessible: None Air Conditioning: Wall Unit(s); Window Unit(s) Amenities Shared: Coin-op Laundry Owned; Security Building Amenities Unit: Hardwood Floors; Kitchen Window; Natural Woodwork; Security System; Tile Floors Appliances: Range; Refrigerator Basement: Concrete Block; Partial CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Residential Existing Financing: Conventional Exterior: Brick/Stone; Stucco Fencing: None Flooring: Carpet; Tile; Vinyl/Linoleum Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler; Hot Water Loan Terms: Cash; Contract for Deed; Contract/Deed w/Assum; Conventional Lot Description: Corner Lot; Public Transit (w/in 6 blks) Miscellaneous Information: Alley On Site Utilities: Electric Separate; Heating Common; Hot Water Common Owner Pays: Fuel; Insurance; Janitorial Service; Janitorial Service; Lawn; Lawn; Maintenance/Repair; Snow Removal; Taxes; Trash Collection Parking Characteristics: Paved Lot; Unassigned; Uncovered/Open Pool Description: None Rent Rate per Foot: Gross Rental License Type: Standard Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Street Lights Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Asphalt Shingles; Pitched Sewer: City Sewer/Connected Shared Rooms: Other Stories: Two Tenant Pays: Cable TV; Electricity Wall Description: Finished Water: City Water/Connected Window Features: Wood Frames

Contract Information

Contingency
None
ListPrice
1400900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
330
Street Name
Magnolia
Street Suffix
Avenue
Street Direction Suffix
E
Postal City
Saint Paul
County
Ramsey
State
MN
Zip Code
55130
Complex/Dev/Subdivision
Mcmenemys Sub A

Assessments

Assessment Balance
1227.66
Tax With Assessments
23512

Building Information

Building Finished SqFt
9472
Building SqFt
9472

More Information

Income and Expenses

Annual Gross Expenses
43369.34
Annual Gross Income
77561
Annual Maintenance Expense
5538.22
Annual Net Income
34191.66
Annual Trash Expense
1606.01
Annual Water/Sewer Expense
2937.09

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
22
Section#
30
Township#
29

Sale Options

Sale Includes
Building, Land, Leases

Unit 1

No. of 1 Bedroom Units
14

Unit Details

Total Units
14
IDX
Listing Office: ScaleUp CRE
Last Updated: September - 27 - 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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.