293 Dayton Avenue, Saint Paul, MN 55102

New Listing
$826,500
Property Type: Commercial Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $826,500 List Date: 5/16/2026 Last Modified: 5/16/2026

Overview

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.

Listing Details MLS# 7075005

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1911
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Foundation Size
2695
For Sale or Lease
For Sale
Acres
0.16
Lot Dimensions
120 x 60
Assessment Pending
No
Other Parking Spaces
0
Garage Stalls
0

Property Features

Accessible: Doors 36"+; Hallways 42"+ Air Conditioning: None Amenities Shared: Coin-op Laundry Owned Amenities Unit: None Appliances: Range; Refrigerator Assumable Loan: Not Assumable Basement: Concrete Block; Full; Owner Access; Shared Access; Storage Space; Storage/Locker CMU Style: Low Rise Construction Materials: Block; Brick; Concrete; Frame Construction Status: Previously Owned Current Use: Residential Exterior: Brick/Stone; Stucco Fencing: None Flooring: Carpet; Tile; Vinyl/Linoleum Foundation: Brick/Mortar; Combination; Concrete Block; Concrete Perimeter Fuel: Natural Gas Heating: Boiler; Hot Water; Radiator Internet Options: Cable; Fiber Optic Loan Terms: Cash; Conventional; FHA; VA Location Description: Free Standing Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light On Site Utilities: Electric Common; Electric Separate; Heating Common; Heating Separate; Hot Water Common; Hot Water Separate Owner Pays: Electricity; Gas; Heat; Hot Water; See Remarks; Sewer; Taxes; Trash Collection; Water Parking Characteristics: Gravel Lot Pool Description: None Rent Rate per Foot: Per Month Rental License Type: Standard Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Flat; Rubber Sewer: City Sewer/Connected Shared Rooms: Other Stories: Two Tenant Pays: Electricity; Gas; See Remarks Topography: High Ground; Level Wall Description: Concrete/Block; Drywall; Finished; Insulated; Plaster Water: City Water/Connected Window Features: Blinds; Screens; Storm Window(s); Wood Frames

Contract Information

Contingency
None
ListPrice
826500
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
293
Street Name
Dayton
Street Suffix
Avenue
Postal City
Saint Paul
County
Ramsey
State
MN
Zip Code
55102
Complex/Dev/Subdivision
Dayton & Irvines Add

Assessments

Assessment Balance
976
Tax With Assessments
16670

Basement

Foundation Dimensions
35 x 77
Concrete Block
Yes
Full
Yes
Owner Access
Yes
Shared Access
Yes
Storage Space
Yes
Storage/Locker
Yes

More Information

Building Information

Building Finished SqFt
5390
Building SqFt
8085
Ceiling Height
8-10

Income and Expenses

Annual Gross Income
92796

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
01
Township#
28

Sale Options

Sale Includes
Building, Fixture/Equipment, Leases, Rental License

Unit 1

No. of 1 Bedroom Units
8

Unit Details

Total Units
8

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
DAYTON AND IRVINES ADDITION LOT 31 BLK 82
Listing City
Saint Paul
Map Page
108
Municipality
Saint Paul
School District
St. Paul
School District Phone
651-767-8100
Zip Plus 4
2659
Property ID Number
012823120016
Tax Year
2026
Tax Amount
15694
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
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.
Directions
From I-94, take Dale St South to Dayton Avenue, East to property.

Accessible

Doors 36"+
Yes
Hallways 42"+
Yes

Air Conditioning

None
Yes

Amenities Shared

Coin-op Laundry Owned
Yes

Amenities Unit

None
Yes

Appliances

Range
Yes
Refrigerator
Yes

Assumable Loan

Not Assumable
Yes

Construction Materials

Block
Yes
Brick
Yes
Concrete
Yes
Frame
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes
Stucco
Yes

Fencing

None
Yes

Flooring

Carpet
Yes
Tile
Yes
Vinyl/Linoleum
Yes

Foundation

Brick/Mortar
Yes
Combination
Yes
Concrete Block
Yes
Concrete Perimeter
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes
Hot Water
Yes
Radiator
Yes

Internet Options

Cable
Yes
Fiber Optic
Yes

Lot Description

Public Transit (w/in 6 blks)
Yes
Tree Coverage - Light
Yes

Owner Pays

Electricity
Yes
Gas
Yes
Heat
Yes
Hot Water
Yes
See Remarks
Yes
Sewer
Yes
Taxes
Yes
Trash Collection
Yes
Water
Yes

Parking Characteristics

Gravel Lot
Yes

Pool Description

None
Yes

Rental License Type

Standard
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age Over 8 Years
Yes
Flat
Yes
Rubber
Yes

Sewer

City Sewer/Connected
Yes

Shared Rooms

Other
Yes

Stories

Two
Yes

Topography

High Ground
Yes
Level
Yes

Wall Description

Concrete/Block
Yes
Drywall
Yes
Finished
Yes
Insulated
Yes
Plaster
Yes

Water

City Water/Connected
Yes

Window Features

Blinds
Yes
Screens
Yes
Storm Window(s)
Yes
Wood Frames
Yes

No. of Ranges

Six or More
Yes

No. of Refrigerators

Six or More
Yes

Tenant Pays

Electricity
Yes
Gas
Yes
See Remarks
Yes

On Site Utilities

Electric Common
Yes
Electric Separate
Yes
Heating Common
Yes
Heating Separate
Yes
Hot Water Common
Yes
Hot Water Separate
Yes

CMU Style

Low Rise
Yes

Current Use

Residential
Yes

Loan Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Location Description

Free Standing
Yes

Rent Rate per Foot

Per Month
Yes
Listing Office: Gold Group Realty, LLC
IDX
Last Updated: May - 16 - 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.