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$745,750

0 Beds 0 Baths 8,085 SQFT 0.16 Acres
Type: Commercial

293 Dayton Avenue
Saint Paul, MN 55102

MLS#: 7075005
Garrett Smith
Garrett Smith
The Real Estate Advantage
Phone: 952.454.0307
Office: 952.898.5800
Presented by: Gold Group Realty, LLC

Property Description

 

Classic Cathedral Hill 8-unit apartment building consisting entirely of 1BR/1BA units (675 SF each) in one of St Pauls most desirable historic neighborhoods. Property is currently 100 percent occupied with strong in-place cash flow and monthly gross rents of $7,733. Residents enjoy walkable access to restaurants, cafes, shops, and neighborhood amenities along the Selby and Western corridor. Features include coin-operated laundry and separately metered gas and electric currently paid directly by tenants. Ownership is implementing a RUBS utility reimbursement system across the portfolio beginning Q3 2026, creating additional NOI upside potential through utility cost recovery and operational efficiencies. Excellent opportunity for investors seeking long-term value-add potential in a highly stable rental location.


 

Interior Features

Other Interior Features

BasementBlock, Full, Owner Access, Shared Access, Storage/Locker, Storage Space
Basement (Y/N)Yes
Ceiling Height8-10
Foundation Dimensions35 x 77
FuelNatural Gas

General

AccessibilityDoors 36 +, Hallways 42 +
Additional Parcels Y/NNo
Amenities UnitNone
AppliancesRange, Refrigerator
CitySaint Paul
Construction MaterialsBlock, Brick, Concrete, Frame
ContingencyNone
CoolingNone
CountyRamsey
Current UseResidential
DirectionsFrom I-94, take Dale St South to Dayton Avenue, East to property.
Garage Spaces0
Gross Income92796
HeatingBoiler, Hot Water, Radiator
High School DistrictSt. Paul
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
New ConstructionNo
Number Of Units Total8
OwnerPaysElectricity, Gas, Heat, Hot Water, Sewer, See Remarks, Taxes, Trash Collection, Water
Pool FeaturesNone
PostalCitySaint Paul
Property TypeCommercial Sale
RoofAge Over 8 Years, Flat, Rubber
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameDayton & Irvines Add
Tax Annual Amount$15,694
Tax Year2026
Tenant PaysElectricity, Gas, See Remarks
TopographyHigh Ground, Level
UtilitiesElectric Common, Electric Separate, Heating Common, Heating Separate, Hot Water Common, Hot Water Separate
Year Built1911
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total8,085 sqft
FencingNone
Foundation Area2,695 sqft
InclusionsBuilding, Fixture/Equipment, Leases, Rental License
Lot Dimensions120 x 60
Lot FeaturesPublic Transit (w/in 6 blks), Tree Coverage - Light
Lot Size Area0 sqft
Parking FeaturesGravel, On-Street Parking Only
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
High School N/A
Elementary School N/A

  

Similar Properties

$745,750

0 Beds 0 Baths 8,085 SQFT 0.16 Acres
Type: Commercial

293 Dayton Avenue
Saint Paul, MN 55102

MLS#: 7075005
Garrett Smith
Garrett Smith
The Real Estate Advantage
Phone: 952.454.0307
Office: 952.898.5800