549 Selby Avenue, St Paul, MN

About 549 Selby Avenue

Exceptional investment opportunity in one of St Pauls most iconic and sought-after neighborhoods. Located along the premier stretch of Selby Avenue in Cathedral Hill, this duplex offers immediate cash flow potential combined with long-term redevelopment upside in one of the citys highest-demand urban corridors. The surrounding neighborhood features walkable access to cafes, restaurants, bars, boutique shopping, the Blair Arcade district, public transportation, and some of St Pauls most recognizable historic streetscapes. Demand for housing in this area remains consistently strong due to the neighborhoods unique blend of historic character, urban walkability, and proximity to downtown St Paul. 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. Rare opportunity to acquire a cash-flowing asset with meaningful long-term positioning in one of the Twin Cities premier investment locations.

Listing Map