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16-Unit Brick Apartment Building
For Sale
$1,650,000

1171 Selby Avenue, Saint Paul, MN 55104

A three-story multifamily property offers a mix of efficiency, one-bedroom, and two-bedroom units.

Property Size15,935 SF
Lot Size0.21 Acres
Price / SF$103.55
Days on Market18

Property Features for 1171 Selby Avenue

General Information

Standard status Active
Size 15,935 SF
Lot size 0.21 Acres
Property subtype Commercial
Zoning Residential-Multi-Family

Units

Unit Mix 5 x efficiencies, 9 x one bedrooms, 2 x two bedrooms
Multifamily Units 16

Taxes and HOA fees

Annual Taxes $31,880

Building Details

Year Built 1927
Buildings 1
Stories 3
Units 16
Construction brick
Listing Agency: Home Crown Realty LLC
Listed By: Brandyn Dahl
Source: Homecrownrealty
Added: Oct 8 Changed: Oct 24 Last Checked: Oct 23 at 8:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Home Crown Realty LLC

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Investment Insights

Based on property information with market context.

Built in 1927, this three-story brick apartment building contains 15,935 square feet and 16 units: 5 efficiencies, 9 one-bedroom apartments, and 2 two-bedroom apartments. Hardwood flooring is present on the second and third floors. Building updates include a roof installed in 2017, a refurbished hot water boiler in 2023, and a replacement front door installed in 2023.

The property occupies an 80-foot-by-100-foot lot totaling 0.21 acres and is zoned Residential-Multi-Family. Restaurants and shopping are nearby. There is no on-site parking.

Key Highlights

  • 16 units: 5 efficiencies, 9 one‑bedroom apartments, and 2 two‑bedroom apartments
  • 15,935 square feet across three stories
  • Brick apartment building constructed in 1927

Property Analytics

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Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

1,438
Businesses Nearby

Demographics for 55104, MN

45,612
Population
20,358
Households
2.2
Avg Household Size
33
Median Age
52%
College-Educated
93%
High-School Grad
6.0 sq mi
ZIP Area
7,602
Density / Sq Mi
$75,038
Median Household Income
$42,770
Median Earnings
$1,159
Median Rent
$290,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A three-story multifamily property offers a mix of efficiency, one-bedroom, and two-bedroom units.
Where is this apartment building located?
The property is located at 1171 Selby Avenue Saint Paul, MN.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 16 units: 5 efficiencies, 9 one‑bedroom apartments, and 2 two‑bedroom apartments; 15,935 square feet across three stories; Brick apartment building constructed in 1927
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