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.
Active
$420,000
738 Magnolia Ave E, Saint Paul, MN 55106
6beds
3baths
3,301sqft
Other
Built in 1906
-- sqft lot
$-- Zestimate®
$127/sqft
$-- HOA
What's special
Traditional duplexSeparate updated single-family homeWell-preserved interiorsNewer roofsFully renovated duplex
- 40 days
- 105
- 6
Zillow last checked:
Listing updated:
Listed by:
Dennis D Kuchenmeister 651-503-6992,
RE/MAX Results
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7115880
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Boiler
Appliances
- Laundry: In Basement, Coin-op Laundry Owned
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 3,301
- Total interior livable area: 3,301 sqft
- Finished area above ground: 3,301
- Finished area below ground: 0
Property
Accessibility
- Accessibility features: None
Features
- Levels: More Than 2 Stories
Lot
- Size: 5,000 Square Feet
- Dimensions: 40 x 125
Details
- Foundation area: 1674
- Parcel number: 292922140034
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Other
Condition
- New construction: No
- Year built: 1906
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Arlington Hills Add B40&45-49
HOA
- Amenities included: Coin-op Laundry Owned, Patio, Porch
Location
- Region: Saint Paul
Financial & listing details
- Price per square foot: $127/sqft
- Tax assessed value: $486,900
- Annual tax amount: $11,000
- Date on market: 7/24/2026
- Tenant pays: Cable TV, Electricity, Gas, Heat
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Listed for sale | $420,000+206.6%$127/sqft |
Source: | ||
| 6/30/2015 | Sold | $137,000+3.1%$42/sqft |
Source: | ||
| 6/11/2015 | Pending sale | $132,900$40/sqft |
Source: Homepath #4597659 Report a problem | ||
| 5/13/2015 | Listed for sale | $132,900-15.9%$40/sqft |
Source: Homepath #4597659 Report a problem | ||
| 8/16/2013 | Sold | $158,101+97.6%$48/sqft |
Source: Public Record Report a problem | ||
| 4/17/2013 | Listing removed | $750 |
Source: Kaehler Management Report a problem | ||
| 3/13/2013 | Listed for rent | $750 |
Source: Kaehler Management Report a problem | ||
| 2/5/1998 | Sold | $80,000$24/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,182 +9.5% | $486,900 +13.3% |
| 2024 | $8,382 +6.6% | $429,900 +0.5% |
| 2023 | $7,860 +8.5% | $427,800 +8.8% |
| 2022 | $7,242 +4.7% | $393,100 +9.9% |
| 2021 | $6,914 +20.8% | $357,800 +1.1% |
| 2020 | $5,724 +35% | $353,800 +54.3% |
| 2019 | $4,240 | $229,300 |
| 2018 | $4,240 +88.9% | $229,300 +8.6% |
| 2017 | $2,244 | $211,200 |
| 2016 | $2,244 -43.9% | -- |
| 2015 | $4,002 -9.2% | $176,000 |
| 2014 | $4,406 | -- |
| 2010 | -- | -- |
| 2009 | $4,702 +14.6% | -- |
| 2008 | $4,102 +13.1% | -- |
| 2007 | $3,626 +12.6% | -- |
| 2006 | $3,220 +18.3% | -- |
| 2005 | $2,722 +25.2% | -- |
| 2004 | $2,174 +8.9% | -- |
| 2003 | $1,996 +2.5% | -- |
| 2002 | $1,948 -2.9% | -- |
| 2000 | $2,007 | -- |
Find assessor info on the county website
Monthly payment
Est. payment







