732 Marshall Avenue

Property information

Beds

18

Baths

12

Sq Ft

—

Year Built

1888

Property Type

Commercial Sale

Acres

0.22

County

Ramsey

Waterfront

No

Waterfront View

—

Waterfront Feet

—

Water Body

—

Parking

2

Basement

Block, Daylight/Lookout Windows, Egress Window(s), Full, Owner Access, Partially Finished, Shared Access, Storage Space

Price/Sqft

—

Stories

Two

HOA Fee

N/A

Updated

1 MO AGO

List Date

7/8/2026

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.