1186 Marshall Ave, Saint Paul, MN, 55104
About This Home
Prime Investment Opportunity in the Heart of the City! Investors, take note! This charming traditional double Bungalow Duplex offers two spacious units (up/down) with gleaming hardwood floors, classic bult-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 (man level and lower level) has 5 bedrooms and 2 bath, with 1188 (upstairs) has 3 bedrooms and 1 bath. Shared garage and backyard area. Property is registered with the city as Student Housing and Grade A Certificate of Occupancy , this duplex is ready for immediate income generation. Whether you're expanding your portfolio or driving into your first 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!
Getting Around
Very Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1924
Materials
- Roof: Age Over 8 Years,Age 8 Years or Less,Asphalt
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: Duplex Up and Down
Interior
Appliances
- Laundry features: In Basement,Common Area,Lower Level,Laundry Room
Basement
- Has basement: Yes
- Basement: Egress Window(s),Finished,Full,Shared Access,Storage Space
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 3
Features
- Finished area below ground: 1,150
- Finished area above ground: 2,560
Heating
- Heating features: Hot Water
Interior Area
- Total structure area: 3,710
- Total interior livable area: 3,710 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 032823110034
- Zoning description: Residential-Multi-Family
- Foundation area: 1280
Features
- Levels: Two
- Pool features: None
- Patio & porch: Patio
- Fencing: Chain Link,Partial,Wood
- Topography of land: Level
Lot
- Lot size: 5,314 sqft
- Features: Near Public Transit,Irregular Lot,Tree Coverage - Light
- Lot size dimensions: 40 x 133
Parking
- Total spaces: 2
- Parking features: Detached Garage,Concrete,Shared Driveway,Garage Door Opener,No Int Access to Dwelling,Shared Garage/Stall,Storage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hail
- Heat Wave
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Ramsey County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,957 | $35,484 |
| Home Insurance * | $450 | $5,400 |
| Property Taxes | $934 | $11,208 |
| Electricity | $312 | $3,754 |
| Total | $4,653 | $55,836 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-11 | Price change | $574,900 |
| 2026-06-30 | Price change | $584,900 |
| 2026-05-27 | Listed for sale | $599,000 |
| 2026-03-20 | Listing removed | $1,750 |
| 2026-02-21 | Listed for rent | $1,750 |
| 2026-02-17 | Listing removed | $1,750 |
| 2026-01-20 | Listed for rent | $1,750 |
| 2026-01-05 | Listing removed | $575,000 |
| 2025-11-25 | Price change | $575,000 |
| 2025-11-06 | Price change | $599,000 |
| 2025-10-22 | Price change | $615,000 |
| 2025-09-24 | Listed for sale | $625,000 |
| 2024-09-06 | Listing removed | $1,750 |
| 2024-09-03 | Price change | $1,750 |
| 2024-08-27 | Listed for rent | $1,850 |
| 2021-04-13 | Listing removed | -- |
| 2021-03-28 | Price change | $2,400 |
| 2021-03-24 | Price change | $2,600 |
| 2021-03-17 | Listed for rent | $2,800 |
| 2021-03-10 | Listing removed | -- |
| 2019-05-03 | Listing removed | $2,200 |
| 2019-04-08 | Listed for rent | $2,200 |
| 2018-05-22 | Listing removed | $1,900 |
| 2018-04-24 | Price change | $1,900 |
| 2018-04-12 | Listed for rent | $2,000 |
| 2010-06-17 | Sold | $184,900 |
| 2006-02-13 | Sold | $380,000 |
View on Zillow