Log In/Sign Up
Your email has been sent.
732 Marshall Ave 8 Unit Apartment Building $1,050,000 ($131,250/Unit) Saint Paul, MN 55104



Executive Summary
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.
Property Facts
| Price | $1,050,000 | Apartment Style | Low-Rise |
| Price Per Unit | $131,250 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.22 AC |
| No. Units | 8 | Building Size | 15,405 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1888 |
| Zoning | R - Residential | ||
| Price | $1,050,000 |
| Price Per Unit | $131,250 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 15,405 SF |
| No. Stories | 2 |
| Year Built | 1888 |
| Zoning | R - Residential |
Amenities
Unit Amenities
- Balcony
- Kitchen
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 02-28-23-11-0032 | Improvements Assessment | $732,500 |
| Land Assessment | $160,000 | Total Assessment | $892,500 |
Property Taxes
Parcel Number
02-28-23-11-0032
Land Assessment
$160,000
Improvements Assessment
$732,500
Total Assessment
$892,500
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
732 Marshall Ave
