1681 Dayton Avenue Saint Paul, MN 55104
MULTI_FAMILY - Saint Paul, MN
- Added:
- Jul 10, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 11 at 3:06 pm
Property Features for 1681 Dayton Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 4, Basement, Bathroom 1, Bedroom 5
- Parking features
- Open, Garage - Detached
- Exterior features
- Brick/Stone, Stucco
- Standard status
- Active
- APN
- 042823110146
- Size
- 2,920 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 12107
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1958
- Building materials
- Block, Frame
Listing agent Christopher J Ames License #710057 (952) 829-2900
Listing office RE/MAX Results 720 Main St. #207, Eden Prairie, MN (651) 552-3600
Listing date Jul 10, 2026
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.
Investment Insights
Based on property information with market context.
Located at 1681 Dayton Avenue in Saint Paul’s Merriam Park neighborhood, the property is positioned for convenient access to University of St. Thomas, Macalester College, the Mississippi River, neighborhood parks, restaurants, shopping, public transit, and easy access to both downtowns.
The offering presents a straightforward ownership setup with individual utility metering and shared in-building laundry, supported by the additional parking provided by the detached garage.
Key Highlights
- Four‑unit investment property in Saint Paul’s Merriam Park neighborhood
- Built in 1958 with block and frame construction and exterior materials of brick/stone and stucco
- Separate gas and electric meters plus forced‑air heating
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 | $64.8k | $22.20 |
| − Vacancy | −$3.9k | −$1.33 |
| EGI | $60.9k | $20.87 |
| − OpEx | −$18.3k | −$6.26 |
| NOI | $42.7k | $14.61 |
