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$1,050,000

  • For Sale
  • Active
  • Commercial
  • 15,405 Sq. Ft.
  • 0.223 Acres
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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.

Full Property Details for 732 Marshall Ave

General

  • Price: $1,050,000
  • Taxes: $18,719 (2026)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7074753
  • Updated: 6/26/2026
  • Added to Site: 78 day(s) ago

Interior

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Flooring: Carpet, Tile, Vinyl, Wood

Rooms

Bathrooms

  • Total Bathrooms: 12

Bedrooms

  • Total Bedrooms: 18

Exterior

  • Porch/Patio/Deck: Porch, Terrace

Parking

  • Garage: Yes
  • Garage Description: 16 x 16
  • Garage Spaces: 2
  • Parking Features: Detached Garage, Gravel, Unassigned

Location

  • County: Ramsey
  • Township: Saint Paul
  • Subdivision: Holcombes Add To, Saint P
  • Neighborhood: 101
  • Driving Directions: From I-94, take Dale St south to Marshall Ave, west to property.

School Information

  • School District: 625 - St. Paul
  • High School District: St. Paul

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Boiler, Hot Water, Radiator
  • Heating Fuel: Electric, Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Common, Electric Separate, Heating Common, Heating Separate, Hot Water Common, Hot Water Separate

Structural Information

  • Exterior Const.: Block, Brick, Concrete, Frame
  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Block, Daylight/Lookout Windows, Egress Window(s), Full, Owner Access, Partially Finished, Shared Access, Storage Space
  • Foundation Size: 4835
  • Roof: Age Over 8 Years, Asphalt, Pitched
  • Ceiling Height: 8-10
  • Disability Access: Doors 36"+, Hallways 42"+
  • Square Feet: 15,405
  • Finished Down/Base.: 15,405 Sq. Ft.
  • Current Bldg. Use: Residential
  • Year Built: 1888

Unit Information

  • Units w/Refrigerators: 1

Lot Features

  • Lot Size (Acres): 0.223
  • Lot Dimensions: 80 x 120
  • Frontage: City Street, Curbs, Paved Streets
  • Zoning: Residential-Multi-Family
  • Lot Description: Public Transit (w/in 6 blks), Light Tree Coverage

Financial Considerations

  • Tax Amount: $18,719
  • Tax Year: 2026
  • Terms: Conventional, VA, FHA, Cash
  • Owner Pays: Electricity, Gas, See Remarks, Trash Collection, Water
  • Tenant Pays: Electricity, Gas, See Remarks
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: HOLCOMBES ADDITION TO SAINT P LOTS 15 AND LOT 16 BLK 2
  • Inclusions: Building, Fixture/Equipment, Leases, Rental License
  • Property ID: 22823110032

Listed by Gold Group Realty, LLC

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Listing agents

— 732 Marshall Ave —

  • Gold Group Realty, LLC

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 732 Marshall Ave

School District:St. Paul Public School District
NameGradesDistance
Maxfield Magnet Elementary School
380 Victoria Street North, Saint Paul, MN 55104
PK-50.4 mi
Hidden River Middle School
1700 Summit Avenue, Saint Paul, MN 55105
6-82.1 mi
Central Senior High School, Saint Paul, MN
275 Lexington Parkway North, Saint Paul, MN 55104
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 732 Marshall Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/26/2026
Price Reduced
$1,050,000
-15.82%
MLS
5/16/2026
Listed
$1,247,350
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 732 Marshall Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,090
-10%
$892,500
-7%
2024
$22,208
4%
$959,300
-7%
2021
$21,414
-5%
$1,032,400
-9%
2023
$22,530
5%
$1,129,900
12%
2021
$21,414
24%
$1,012,900
25%
2020
$17,250
5%
$808,000
6%
2019
$16,428
17%
$762,300
15%
2018
$13,990
12%
$662,900
25%
2017
$12,458
14%
$530,300
20%
2016
$10,958
8%
$441,900
10%
2015
$10,164
-5%
$401,700
—
2014
$10,680
—
$401,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Gold Group Realty, LLC

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732 Marshall Avenue, Saint Paul, MN 55104 (MLS# 7074753) is a Commercial property. 732 Marshall Avenue is currently listed for $1,050,000 and was received on May 14, 2026. Want to learn more about 732 Marshall Avenue? Do you have questions about finding other Commercial real estate for sale in Summit-University? You can browse all Summit-University real estate or contact a Coldwell Banker agent to request more information.

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