732 Marshall Avenue Saint Paul, MN $ 997,500
732 Marshall Avenue
$ 997,500
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732 Marshall Avenue

Saint Paul, MN, 55104
$ 997,500
Bedrooms18 Baths12.0 Sq 15,405

Monthly Estimate*

$ 6,889

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Commercial Property for sale in Saint Paul, MN

for $997,500 with 18 bedrooms and 12 full baths. This 15,405 square foot building was built in 1888 on a lot size of 0.223.

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 recovery and operational efficiencies.

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Commercial Active

Price

$ 997,500

Bedrooms

18

Full Bath

12

Property Type

Commercial

Taxes

$ 18,719

Style

Lot Size

0.223

Year Built

1888

Town/City

Saint Paul

County/Region

Ramsey

MLS | Web ID

7074753

Features
General
Sewer City Sewer/Connected
Heating Boiler Hot Water Radiator
Cooling None
Utilities Electric Common Electric Separate Heating Common Heating Separate Hot Water Common Hot Water Separate
Roof Age Over 8 Years Asphalt Pitched
Appliances Gas Water Heater Range Refrigerator
Garage Spaces 2
Construction Materials Block Brick Concrete Frame
Year Built 1888
Tenant Pays Electricity Gas See Remarks
Topography Level
Levels Two
Tax Year 2026
Current Use Residential
Gross Income 149820
Accessibility Doors 36 + Hallways 42 +
County Ramsey
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Holcombes Add To Saint P
Directions From I-94 take Dale St south to Marshall Ave west to property.
City Saint Paul
High School District St. Paul
Zoning Description Residential-Multi-Family
Number Of Units Total 8
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 18719
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Block Daylight/Lookout Windows Egress Window(s) Full Owner Access Partially Finished Shared Access Storage Space
Basement (Y/N) Y
Total Bedrooms 18
Total Baths 12
Ceiling Height 8-10
Foundation Dimensions 79 x 65
Fuel Electric Natural Gas
Garage Dimensions 16 x 16
Garage Square Feet 256
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Exterior
Fencing None
Parking Features Detached Garage Gravel Unassigned
Lot Features Public Transit (w/in 6 blks) Tree Coverage - Light
Water Source City Water/Connected
Inclusions Building Fixture/Equipment Leases Rental License
Lot Size Area 0.223
Building Area Total 15405
Lot Dimensions 80 x 120
Waterfront Y/N N
Foundation Area 4835
Road Frontage Type City Street Curbs Paved Streets
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 732
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* Excluded Features
List By
Gold Group Realty, Llc

Broker

luke@thegold.group

Email

Affordability Calculator

$8,449
Per Month
82%
18%
0%
Monthly Principal & Interest
$6,889
Monthly Property Taxes
$1,560
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
709337 Elementary School
708288 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/11/2026$997,500 -5.00% Price Down
6/27/2026$1,050,000 -15.82% Price Down
5/15/2026$1,247,350 Listed Price

Map


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732 Marshall Avenue, Saint Paul, MN, 55104 is a Commercial Property for sale at $997,500 with 15,405 sqft and a lot size of 0.223. 732 Marshall Avenue has 18 bedrooms, 12.0 baths, and was built in 1888. The property's zip code is 55104 which is in Saint Paul, MN