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1681 Dayton Ave, Saint Paul, MN, 55104

5beds
4baths
2,920sqft
$749,900
$257price/sqft
$5,357/moest. monthly cost
$214,280/yrincome needed

About This Home

Rare opportunity to own a well-maintained four-unit investment property in the heart of Saint Paul's highly desirable Merriam Park neighborhood. This well maintained four unit property combines timeless character with the practical features today's investors appreciate. Each spacious apartment offers beautiful hardwood floors, abundant natural light, generous living spaces, and classic architectural details that continue to stand the test of time. Ownership is simplified with separate gas and electric meters, updated mechanical systems, shared laundry facilities, ample basement storage, and a detached three car garage that provides valuable off-street parking and additional revenue potential. Situated in one of Saint Paul's most desirable neighborhoods, you'll enjoy close proximity to the University of St. Thomas, Macalester College, the Mississippi River, neighborhood parks, restaurants, shopping, public transit, and easy access to both downtowns. A rare opportunity to acquire a quality income-producing property in a premier location with enduring tenant appeal. Schedule your private showing today so you do not miss your opportunity to own this exceptional building as it is likely to sell quickly.

Getting Around

85
WalkingVery Walkable
0
TransitVery Limited Transit
80
BikeVery Bikeable

Schools

3/10
7/10

Construction

Condition

  • Year built: 1958

Materials

  • Roof: Age Over 8 Years
  • Construction materials: Block,Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Fourplex

Interior

Appliances

  • Laundry features: None,Coin-op Laundry Owned

Basement

  • Has basement: Yes
  • Basement: Block,Full,Owner Access,Partially Finished,Shared Access,Storage/Locker

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,920

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 4,380
  • Total interior livable area: 2,920 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 042823110146
  • Zoning description: Residential-Multi-Family
  • Foundation area: 1460

Features

  • Levels: Two
  • Pool features: None
  • Topography of land: Level

Lot

  • Lot size: 5,532 sqft
  • Features: Near Public Transit,Tree Coverage - Light
  • Lot size dimensions: 40 x 138

Parking

  • Total spaces: 4
  • Parking features: Detached Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • 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

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Hail
Heat Wave
Inland Flooding
Strong Wind
Winter Weather

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 $3,791$45,492
Home Insurance *$577$6,924
Property Taxes $743$8,916
Electricity $246$2,955
Total$5,357$64,284
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$183,668/yr
40% on housing$160,710/yr
45% on housing$142,853/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

$257This listing

vs Other Active Listings

Avg $/sqft

ZIP 55104$148
Ramsey County$166

vs Homes Sold Last Month

Median $/sqft

ZIP 55104$209
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
2026-07-11Listed for sale$749,900
2022-12-11Listing removed--
2022-12-10Listed for rent$1,200
2022-01-14Sold$605,000
2021-11-11Price change$625,000
2021-10-19Price change$650,000
2021-10-05Listed for sale$675,000
2020-04-06Listing removed$1,099
2020-03-18Listed for rent$1,099

For Sale by Agent

AgentChristopher J Ames
BrokerageRE/MAX Results

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