Quadplex with Detached
For Sale
$850,000
1665 Dayton Ave, Saint Paul, MN 55104
Four matching two-bedroom units include period details, shared outdoor space, laundry, and separate storage.
Property Size4,138 SF
Price / SF$205.41
Days on Market88
Property Features for 1665 Dayton Ave
General Information
Standard status
Active
Size
4,138 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
4 x 2BR
Multifamily Units
4
Amenities
shared outdoor common area
lower-level laundry
separate storage units
Building Details
Year Built
1914
Listing Agency:
Keller Williams Preferred Rlty
Listed By:
Sara Anderson
(612) 280-7983
Source:
Homesearchlive
Added: Jul 21
Changed: Oct 1
Last Checked: Oct 7 at 1:53PM
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 Keller Williams Preferred Rlty
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Investment Insights
Based on property information with market context.
This 1914 quadplex contains four matching two-bedroom units, each complemented by original built-ins and hardwood details. The property is fully occupied and includes a shared outdoor area, lower-level laundry, separate storage units, and a detached two-car garage.
The building is located at 1665 Dayton Ave in Saint Paul’s Merriam Park, near Macalester College, the University of St. Thomas, and Concordia University. Local shops and restaurants are also nearby. Access to I-94, I-35E, and public transit supports connections throughout the area for residents, students, and commuters.
The building is located at 1665 Dayton Ave in Saint Paul’s Merriam Park, near Macalester College, the University of St. Thomas, and Concordia University. Local shops and restaurants are also nearby. Access to I-94, I-35E, and public transit supports connections throughout the area for residents, students, and commuters.
Key Highlights
- Four‑unit property with four identical 2‑bedroom apartments
- Fully occupied quadplex at 1665 Dayton Ave, Saint Paul, MN 55104
- 1914 construction with original built‑ins and hardwood details
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,459
Cap Rate
7.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,209,180
$1.2M
Cap Rate 7%
$863,700
$863.7K
Cap Rate 9%
$671,767
$671.8K
Market Conditions
NOI Build-Up for 4,138 SF
Gross rent
$91.9K $22.20/SF
− Vacancy
−$5.5K −$1.33/SF
EGI
$86.4K $20.87/SF
− OpEx
−$25.9K −$6.26/SF
NOI
$60.5K $14.61/SF
Area
Ramsey County, MN
Vacancy
5.98%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,209,180
Cap Rate 7%
$863,700
Cap Rate 9%
$671,767
Alternative Uses
Best Use
Multifamily LT 5
$863.7K
$755.7K – $1.01M
NOI $60,459 @ 7.0% cap · market cap 7.11%
Second Best
Apartment 5plus
$793.3K
$694.1K – $925.5K
NOI $55,531 @ 7.0% cap · market cap 6.53%
Theoretical Best
Office A
$987.2K
$863.8K – $1.15M
NOI $69,107 @ 7.0% cap · market cap 8.13%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,522
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Four matching two-bedroom units include period details, shared outdoor space, laundry, and separate storage.
Where is this quadplex located?
The property is located at 1665 Dayton Ave Saint Paul, MN.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Four‑unit property with four identical 2‑bedroom apartments; Fully occupied quadplex at 1665 Dayton Ave, Saint Paul, MN 55104; 1914 construction with original built‑ins and hardwood details
