Active

Price cut: $24K (11/25)

$575,000

1186 Marshall Ave, Saint Paul, MN 55104

8beds

3baths

3,710sqft

Est.:

Duplex Up and Down

Built in 1924

-- sqft lot

$575,500 Zestimate^®

$155/sqft

$-- HOA

What's special

Prime Investment Opportunity in Heart of the City! Investors, take note! This charming traditional double Bungalow Duplex offers two spacious units (up/down) with gleaming hardwood floors, classic built-ins, and timeless architectural details. Located just minutes from Concordia University and Central High School, this property is perfectly positioned for consistent rental demand. 1186 (main level and lower level) has 5 bedrooms and 2 baths, while 1188 (upstairs) has 3 bedrooms and 1 bath. Shared garage and backyard area. Property is Registered with the City as Student Housing and boasting a Grade A Certificate of Occupancy, this duplex is ready for immediate income generation. Whether you're expanding your portfolio or diving into your investment, this property checks all the boxes. Enjoy walkable access to schools, shopping, entertainment, and dining-a true urban gem with long-term potential. Schedule your tour today before this opportunity is no longer available.

84 days

589

34

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 3

Heating

Hot Water

Features

Basement: Egress Window(s),Finished,Full,Shared Access,Storage Space

Interior area

Total structure area: 3,710
Total interior livable area: 3,710 sqft
Finished area above ground: 2,560
Finished area below ground: 1,150

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Accessibility

Accessibility features: None

Features

Levels: Two
Patio & porch: Patio, Porch
Fencing: Chain Link,Partial,Wood

Lot

Size: 5,227.2 Square Feet
Dimensions: 40 x 133
Features: Near Public Transit, Irregular Lot, Wooded

Details

Foundation area: 1280
Parcel number: 032823110034
Zoning description: Residential-Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex Up and Down

Materials

Brick/Stone, Stucco, Frame
Roof: Age Over 8 Years,Age 8 Years or Less,Asphalt

Condition

Age of Property: 101
New construction: No
Year built: 1924

Utilities & green energy

Electric: Circuit Breakers
Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: Merriam Park/Lexington-Hamline

HOA

Amenities included: Laundry, Patio

Location

Region: Saint Paul

Financial & listing details

Price per square foot: $155/sqft
Tax assessed value: $448,300
Annual tax amount: $8,901
Date on market: 9/17/2025
Cumulative days on market: 77 days
Tenant pays: Cable TV, Electricity, Gas
Road surface type: Paved

Estimated market value

$575,500

$547,000 - $604,000

$2,231/mo

Price history

Date	Event	Price
11/25/2025	Price change	$575,000-4%$155/sqft
Source: NorthstarMLS as distributed by MLS GRID #6790349 Report a problem
11/6/2025	Price change	$599,000-2.6%$161/sqft
Source: NorthstarMLS as distributed by MLS GRID #6790349 Report a problem
10/22/2025	Price change	$615,000-1.6%$166/sqft
Source: NorthstarMLS as distributed by MLS GRID #6790349 Report a problem
9/24/2025	Listed for sale	$625,000+238%$168/sqft
Source: NorthstarMLS as distributed by MLS GRID #6790349 Report a problem
9/6/2024	Listing removed	$1,750
Source: Zillow Rentals Report a problem