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588 Selby Ave, Saint Paul, MN, 55102

5beds
3baths
2,703sqft
$600,000
$222price/sqft
$4,877/moest. monthly cost
$195,080/yrincome needed

About This Home

Rare opportunity to own a one-of-a-kind Victorian triplex blending timeless character with the peace of mind of newer construction. Originally relocated to its current location in the late 1980's, the home features a Victorian exterior while the foundation, plumbing, electrical, windows, and much of the interior were rebuilt during the move. The property showcases charming period details, including vibrant Victorian paint colors, two front balconies, select original hardwood floors, and an inviting front porch. The desirable unit mix includes a spacious 2-bedroom plus nook apartment with a full front walk-out porch, offering excellent appeal for both owner-occupants and investors. Over the past few years, numerous updates have been completed, including fresh paint, new flooring, updated appliances, closet improvements, and more. Outside, you'll find four off-street parking spaces and a generous backyard with alley access. Ideally located between the highly sought-after Cathedral Hill and Summit-University neighborhoods, you're just steps from Mississippi Market Co-op, popular restaurants, coffee shops, and boutique shopping, with quick access to I-94 and just minutes from downtown Saint Paul. Whether you're looking to expand your investment portfolio or live in one unit while generation rental income from the others this distinctive property offers an exceptional opportunity in one of Saint Paul's most desirable historic neighborhoods.

Getting Around

89
WalkingVery Walkable
0
TransitVery Limited Transit
69
BikeBikeable

Schools

3/10
7/10

Construction

Condition

  • Year built: 1869

Materials

  • Construction materials: Block

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Appliances

  • Laundry features: In Basement,Common Area,Gas Dryer Hookup,Lower Level,Laundry Room,Coin-op Laundry Owned

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3

Features

  • Finished area below ground: 823
  • Finished area above ground: 1,880

Heating

  • Heating features: Hot Water

Interior Area

  • Total structure area: 2,820
  • Total interior livable area: 2,703 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 012823220168
  • Zoning description: Residential-Multi-Family
  • Foundation area: 940

Features

  • Levels: Two
  • Pool features: None
  • Patio & porch: Front Porch,Porch
  • Fencing: None

Lot

  • Lot size: 8,668 sqft
  • Lot size dimensions: 50 x 173

Parking

  • Parking features: Assigned,Parking Lot,Paved Lot,Open
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Tornado

FEMA Declared Disasters in Ramsey County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,033$36,396
Home Insurance *$541$6,492
Property Taxes $1,076$12,912
Electricity $227$2,735
Total$4,877$58,524
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$167,211/yr
40% on housing$146,310/yr
45% on housing$130,053/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 2.1%
2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$222This listing

vs Other Active Listings

Avg $/sqft

ZIP 55102$164
Ramsey County$166

vs Homes Sold Last Month

Median $/sqft

ZIP 55102$202
Ramsey County$198

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-18Listed for sale$600,000
2024-09-28Listing removed$549,900
2024-09-20Listed for sale$549,900
2024-07-17Listing removed$560,000
2024-06-25Listed for sale$560,000
2012-01-04Listing removed$650
2011-12-31Price change$650
2011-11-12Listed for rent$700
2011-06-17Listing removed$700
2011-04-21Listed for rent$700

For Sale by Agent

AgentMegan McNeil
BrokerageEdina Realty, Inc.

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