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

732 Marshall Avenue, Saint Paul, MN 55104

$997,500
Property Type: Commercial Bedrooms: 18 Baths: 12 Square Footage: 15,405 Lot Size (sq. ft.): 9,583 Status: Active
Current Price: $997,500 List Date: 5/16/2026 Last Modified: 8/11/2026

Overview

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 re ...

Listing Details MLS# 7074753

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
8
Owner Occupied
No
Waterfront YN
No
Year Built
1888
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Foundation Size
4835
Garage Stalls
2
For Sale or Lease
For Sale
Acres
0.22
Lot Dimensions
80 x 120
Assessment Pending
Yes

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

Contract Information

Contingency
None
ListPrice
997500
Owner is an Agent?
No
Auction?
No

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

More Information

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
Yes
Total Bathrooms
Yes
Total Bedrooms
Yes
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
Yes
Lease Expiration Date
2027-06-30
Leased?
Yes
Level
Main Level
Monthly Rent
1150
Total Bathrooms
Yes
Total Bedrooms
Yes
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
Yes
Lease Expiration Date
2027-06-30
Leased?
Yes
Level
Main Level
Monthly Rent
1180
Total Bathrooms
Yes
Total Bedrooms
Yes
Unit Number
736-1
Unit Total SqFt
700

Unit 6

Full Baths
Yes
Lease Expiration Date
2027-06-30
Leased?
Yes
Level
Main Level
Monthly Rent
1130
Total Bathrooms
Yes
Total Bedrooms
Yes
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
IDX
Listing Office: Gold Group Realty, LLC
Last Updated: August - 11 - 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.
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