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.
Features of 293 Dayton Avenue
| MLS® # | 7075005 |
|---|---|
| Price | $745,750 |
| Acres | 0.16 |
| Year Built | 1911 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 293 Dayton Avenue |
|---|---|
| Area | 101 |
| Subdivision | Dayton & Irvines Add |
| City | Saint Paul |
| County | Ramsey |
| State | MN |
| Zip Code | 55102 |
Amenities
| Utilities | Electric Common, Electric Separate, Heating Common, Heating Separate, Hot Water Common, Hot Water Separate |
|---|---|
| Parking | Gravel, On-Street Parking Only |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Appliances | Range, Refrigerator |
|---|---|
| Heating | Boiler, Hot Water, Radiator |
| Cooling | None |
| Fireplace | No |
Exterior
| Exterior Features | Stone, Stucco |
|---|---|
| Lot Description | Public Transit (w/in 6 blks), Tree Coverage - Light |
| Roof | Age Over 8 Years, Flat, Rubber |
| Construction | Block, Brick, Concrete, Frame |
School Information
| District | St. Paul |
|---|
Additional Information
| Days on Market | 119 |
|---|---|
| Zoning | Residential-Multi-Family |
| Foreclosure | No |
| Short Sale | No |
| Taxes | $15,694 |
Listing Details
| Office | Gold Group Realty, LLC |
|---|