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$ 420,000
Est. payment | /mo
6 Beds
3 Baths
3,301 SqFt
$ 420,000
Est. payment | /mo
6 Beds
3 Baths
3,301 SqFt
Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,301 sqft
Price per Sqft $127
Subdivision Arlington Hills Add B40&45-49
MLS Listing ID 7115880
Bedrooms 6
Year Built 1906
Annual Tax Amount $11,000
Tax Year 2026
Contingent None
Lot Size 5000.000 Acres
Lot Dimensions 40x125
Property Sub-Type Other
Property Description
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.
Location
State MN
County Ramsey
Rooms
Basement Full, Unfinished
Interior
Heating Boiler
Fireplace No
Laundry In Basement
Building
Story More Than 2 Stories
Foundation 1674
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories More Than 2 Stories
New Construction false
Schools
School District St. Paul
Listed by Dennis Kuchenmeister • RE/MAX Results
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