About 732 Marshall Avenue
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.
Features of 732 Marshall Avenue
| MLS® # | 7074753 |
|---|---|
| Price | $997,500 |
| Bedrooms | 18 |
| Bathrooms | 12.00 |
| Acres | 0.22 |
| Year Built | 1888 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 732 Marshall Avenue |
|---|---|
| Area | 101 |
| Subdivision | Holcombes Add To, Saint P |
| City | Saint Paul |
| County | Ramsey |
| State | MN |
| Zip Code | 55104 |
Amenities
| Utilities | Electric Common, Electric Separate, Heating Common, Heating Separate, Hot Water Common, Hot Water Separate |
|---|---|
| Parking | Detached Garage, Gravel, Unassigned |
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Gas Water Heater, Range, Refrigerator |
|---|---|
| Heating | Boiler, Hot Water, Radiator |
| Cooling | None |
| Fireplace | No |
Exterior
| Exterior Features | Stone, Wood |
|---|---|
| Lot Description | Public Transit (w/in 6 blks), Tree Coverage - Light |
| Roof | Age Over 8 Years, Asphalt, Pitched |
| Construction | Block, Brick, Concrete, Frame |
School Information
| District | St. Paul |
|---|
Additional Information
| Days on Market | 119 |
|---|---|
| Zoning | Residential-Multi-Family |
| Foreclosure | No |
| Short Sale | No |
| Taxes | $18,719 |
Listing Details
| Office | Gold Group Realty, LLC |
|---|