1733 Selby Avenue, Saint Paul, MN 55104

New Listing
$775,000
Property Type: Commercial Bedrooms: 9 Baths: 6 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $775,000 List Date: 4/20/2026 Last Modified: 4/21/2026

Overview

Description

This well-maintained six-unit apartment building in the highly sought-after Merriam Park neighborhood of St. Paul presents an outstanding investment opportunity. Ideally situated just on Selby Avenue, the property offers convenient access to public transportation, local shops, restaurants, and nearby universities—making it consistently desirable for tenants. The building features four spacious above ground units, each offering approximately 950 square feet, with two bedrooms plus a sunroom. These units showcase beautiful original woodwork, hardwood floors, and classic built-in buffets that add charm and character. The garden level includes two units: one efficiency and one one-bedroom, providing a diverse unit mix that appeals to a range of renters. Recent updates include a new roof (2018) and all-new separate electrical panels (2017), ensuring modern functionality and peace of mind for ownership. This property has been meticulously cared for and demonstrates strong rental appeal, resulting in excellent cash flow. With its prime location, timeless features, and solid financial performance, this property is a smart addition to any investment portfolio.

Listing Details MLS# 7037701

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1916
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Foundation Size
2400
Power Company
Xcel Energy
For Sale or Lease
For Sale
Acres
0.11
Lot Dimensions
47x109
Assessment Pending
No
Other Parking Spaces
0
Garage Stalls
0

Property Features

Accessible: None CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Residential Exterior: Brick/Stone Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler On Site Utilities: Electric Separate; Heating Common Owner Pays: Common Area Maintenance; Exterior Maintenance; Heat; Hot Water; Insurance; Lawn; Lawn; Maintenance/Repair; Management; Repairs; Sewer; Snow Removal; Taxes; Trash Collection; Water Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
775000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1733
Street Name
Selby
Street Suffix
Avenue
Postal City
Saint Paul
County
Ramsey
State
MN
Zip Code
55104
Complex/Dev/Subdivision
Skidmore & Cassedys, Park Add

Assessments

Tax With Assessments
15622
Assessment Balance
0

Building Information

Building Finished SqFt
6011
Building SqFt
7216

More Information

Income and Expenses

Annual Fuel Expense
5186
Annual Gross Expenses
29216
Annual Gross Income
91368
Annual Insurance Expense
5700
Annual Net Income
62152
Annual Trash Expense
1105
Annual Water/Sewer Expense
1604

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
04
Township#
28

Sale Options

Sale Includes
Building

Unit 1

Unit Number
Yes
Monthly Rent
1539
Full Baths
Yes
Total Bathrooms
Yes
Total Bedrooms
2
Level
2nd Level
Unit Total SqFt
945
Leased?
Yes
Lease Expiration Date
2027-04-15
No. of 1 Bedroom Units
Yes

Unit 2

No. of 2 Bedroom Units
4
Full Baths
Yes
Lease Expiration Date
2027-04-15
Leased?
Yes
Level
2nd Level
Monthly Rent
1525
Total Bathrooms
Yes
Total Bedrooms
2
Total Rooms
7
Unit Number
2
Unit Total SqFt
945

Unit 3

Full Baths
Yes
Lease Expiration Date
2027-04-15
Leased?
Yes
Level
Main Level
Monthly Rent
1450
Total Bathrooms
Yes
Total Bedrooms
2
Total Rooms
7
Unit Number
3
Unit Total SqFt
945

Unit 4

Full Baths
Yes
Lease Expiration Date
2027-04-15
Leased?
Yes
Level
Main Level
Monthly Rent
1390
Total Bathrooms
Yes
Total Bedrooms
2
Total Rooms
7
Unit Number
4

Unit 5

Lease Expiration Date
2027-04-15
Leased?
Yes
Level
Below Ground
Monthly Rent
895
Three-Quarter Baths
Yes
Total Bathrooms
Yes
Total Bedrooms
Yes
Total Rooms
5
Unit Number
5
Unit Total SqFt
685

Unit 6

Full Baths
Yes
Lease Expiration Date
2026-09-30
Leased?
Yes
Level
Below Ground
Monthly Rent
815
Total Bathrooms
Yes
Total Rooms
4
Unit Number
6
Unit Total SqFt
510

Unit Details

Total Units
6

Unit Information

No. of Efficiency Units
Yes

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
SKIDMORE CASSEDYS PARK ADDI EX AVE LOT 12 BLK 4
Listing City
Saint Paul
Map Page
107
Municipality
Saint Paul
School District
St. Paul
School District Phone
651-767-8100
Zip Plus 4
1332
Property ID Number
042823120073
Tax Year
2026
Tax Amount
15622
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
This well-maintained six-unit apartment building in the highly sought-after Merriam Park neighborhood of St. Paul presents an outstanding investment opportunity. Ideally situated just on Selby Avenue, the property offers convenient access to public transportation, local shops, restaurants, and nearby universities—making it consistently desirable for tenants. The building features four spacious above ground units, each offering approximately 950 square feet, with two bedrooms plus a sunroom. These units showcase beautiful original woodwork, hardwood floors, and classic built-in buffets that add charm and character. The garden level includes two units: one efficiency and one one-bedroom, providing a diverse unit mix that appeals to a range of renters. Recent updates include a new roof (2018) and all-new separate electrical panels (2017), ensuring modern functionality and peace of mind for ownership. This property has been meticulously cared for and demonstrates strong rental appeal, resulting in excellent cash flow. With its prime location, timeless features, and solid financial performance, this property is a smart addition to any investment portfolio.
Directions
Fairview to Selby, east to property.

Accessible

None
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes

Owner Pays

Common Area Maintenance
Yes
Exterior Maintenance
Yes
Heat
Yes
Hot Water
Yes
Insurance
Yes
Lawn
Yes
Maintenance/Repair
Yes
Management
Yes
Repairs
Yes
Sewer
Yes
Snow Removal
Yes
Taxes
Yes
Trash Collection
Yes
Water
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age 8 Years or Less
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

No. of Ranges

Six or More
Yes

No. of Refrigerators

Six or More
Yes

Tenant Pays

Electricity
Yes

On Site Utilities

Electric Separate
Yes
Heating Common
Yes

CMU Style

Apartments/Multi Family
Yes

Current Use

Residential
Yes

Documents

Listing Office: Edina Realty, Inc.
IDX
Last Updated: April - 21 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.