1665 Dayton Avenue, Saint Paul, MN 55104
MULTI_FAMILY - Saint Paul, MN
- Added:
- Oct 28, 2025
- Days on Market:
- 252
- Last Refresh:
- Jul 5 at 11:06 pm
Property Features for 1665 Dayton Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Basement, Bedroom 2, Bathroom 1, Bedroom 1
- Parking features
- On Street, Garage - Detached
- Exterior features
- Stucco
- Standard status
- Active
- APN
- 042823110086
- Size
- 4,138 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 15163
Utilities
- Heating system
- Other (Heating), Oil
Building Details
- Year built
- 1914
- Roof type
- Tar/Gravel
Listing agent Sara Anderson (952) 746-9696
Listing office Keller Williams Preferred Rlty 14300 Nicollet Court Suite #208, Burnsville, MN (952) 746-9696
Listing date Oct 28, 2025
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully occupied fourplex with four identical 2‑bedroom units
- Built in 1914; exterior features stucco
- Roof is tar/gravel; heating includes oil and other heating
- Common tenant amenities include shared outdoor common area and lower‑level laundry
- Each unit has separate storage; detached 2‑car garage plus on‑street parking
- Near Macalester College, University of St. Thomas, Concordia University, and local shops; easy access to I‑94 and I‑35E and public transit
Overview
Located at 1665 Dayton Avenue in Saint Paul, the property is positioned in the Merriam Park area and is described as being near Macalester College, the University of St. Thomas, Concordia University, and local shops and restaurants. The listing also notes easy access to I-94 and I-35E, as well as public transit, which may appeal to both commuters and student-area renters.
Designed for income-oriented ownership, the property is presented as a straightforward, ready-to-own rental asset with four self-contained 2-bedroom apartments and in-building resident amenities such as laundry and storage. With a shared outdoor space and dedicated garage parking, it offers practical day-to-day convenience for tenants while maintaining a consistent unit mix across all four apartments.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $91.9k | $22.20 |
| − Vacancy | −$5.5k | −$1.33 |
| EGI | $86.4k | $20.87 |
| − OpEx | −$25.9k | −$6.26 |
| NOI | $60.5k | $14.61 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Saint Paul
- County
- Dakota
- State
- Minnesota
- Longitude
- -93.170585
- Latitude
- 44.947664
