Property Listing
Description
Impressive historic fourplex located in the heart of St Pauls highly sought-after Cathedral Hill neighborhood. This renovated mansion property features large residential units, off-street parking, and exceptional outdoor space rarely found in urban multifamily properties. Situated on a double-wide lot, the property offers both immediate tenant appeal and long-term redevelopment potential. Residents enjoy a quiet, walkable neighborhood just steps from the Blair Arcade area at Selby and Western, with easy access to restaurants, cafes, shopping, and public transportation. The expansive yard space is currently utilized by tenants for grilling, outdoor gathering, and recreation. Additional amenities include coin-operated laundry and large unit layouts with strong long-term rental appeal. Utilities are currently partially owner-paid, with ownership implementing a RUBS utility reimbursement program across the portfolio beginning Q3 2026. Future ownership will have the opportunity to improve NOI through utility cost recovery and operational efficiencies. Exceptional value-add opportunity in one of St Pauls premier multifamily neighborhoods.
Property Information
Status: Active
Sub Type: ********
List Price: $726,750
MLS#: 7074051
Current Price: $726,750
Address: 475 Dayton Avenue, Saint Paul, MN 55102
City: Saint Paul
State: MN
Postal Code: 55102
Geo Lat: 44.947712
Geo Lon: -93.12019
Subdivision: Selby, Mcclung And, Vanmeters
County: Ramsey
Property Description
Year Built: 1899
Lot Size SqFt: 13503.6
Gen Tax: 20516
Specials Inst: 2647
High School: St. Paul
Square Ft. Source:
Above Grade Finished Area:
Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: 7035
Style: Array
Total Bedrooms: 6
Total Bathrooms: 4
Total Full Baths:
Garage Type:
Garage Stalls: 2
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: