For Sale Commercial MLS# 7075005

293 Dayton Avenue

Saint Paul, MN 55102

$745,750

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About 293 Dayton Avenue

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.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1911
Stories
Two
Living area
8,085 sqft
Price / sqft
$92
Lot
0.16
Original price
$826,500
MLS #
7075005

Interior

Features
Boiler, Hot Water, Radiator, Block, Full, Owner Access, Shared Access, Storage/Locker, Storage Space, Carpet, Tile, Vinyl, Range, Refrigerator
Appliances
Range, Refrigerator
Flooring
Carpet, Tile, Vinyl
Heating
Boiler, Hot Water, Radiator
Windows
Screens, Storm Window(s), Wood Frames, Blinds

Exterior & lot

Features
Stone, Stucco, Gravel, On-Street Parking Only
Construction
Two, Block, Brick/Mortar, Combination, Concrete Perimeter, Age Over 8 Years, Flat, Rubber, Screens, Storm Window(s), Wood Frames, Blinds
Roof
Age Over 8 Years, Flat, Rubber
Foundation
Block, Brick/Mortar, Combination, Concrete Perimeter
Lot
012823120016, High Ground, Level, Residential
Parking
Gravel, On-Street Parking Only

Schools

District
St. Paul Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected, Electric Common, Electric Separate, Heating Common, Heating Separate, Hot Water Common, Hot Water Separate
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$15,694
Tax year
2026
Parcel
012823120016

Location

Subdivision
Dayton & Irvines Add
County
Ramsey
Neighborhood
Summit-University
Community
Ramsey, City Street, northstar, St. Paul
Directions
From I-94, take Dale St South to Dayton Avenue, East to property.

Location

Neighborhood
Summit-University
Subdivision
Dayton & Irvines Add
School district
St. Paul Public School District

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Listed by Luke Nilles, Gold Group Realty, LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.