1562 Ivy Avenue E Saint Paul, MN $ 354,900
1562 Ivy Avenue E
$ 354,900
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1562 Ivy Avenue E

Saint Paul, MN, 55106
$ 354,900
Bedrooms5 Baths3.0 Sq 2,205

Monthly Estimate*

$ 2,451

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Multi-Family Home for sale in Saint Paul, MN

for $354,900 with 5 bedrooms and 3 full baths. This 2,205 square foot home was built in 1946 on a lot size of 0.41.

Cash flowing triplex home with built-in flexibility! Opportunity awaits with this well maintained three-unit property in Saint Paul's Greater East Side. The basement unit is currently month-to-month, while the middle unit's lease expires August 1, 2026, and then converts to month-to-month, offering flexibility for future occupancy or continued rental income. The upper unit is leased through September 2026, providing immediate cash flow. The upcoming lease transitions create an excellent opportunity for the next owner to adjust occupancy or rental strategy as their needs evolve! Each unit has its own private entrance, creating privacy and convenience. Detached two-car garage, spacious lot, and an ideal location close to parks, schools, restaurants, shopping, and easy commuter routes. A versatile property with options for a wide range of ownership goals! (Please note a 24-hour notice is needed for showings)

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Multi-Family Pending

Price

$ 354,900

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,729

Style

Triplex

Lot Size

0.41

Year Built

1946

Town/City

Saint Paul

County/Region

Ramsey

MLS | Web ID

7069944

Features
General
Living Area 2205
Sewer City Sewer/Connected
Heating Forced Air
Garage Spaces 2
Pool Features None
Year Built 1946
Levels Two
Property Subtype Triplex
Tax Year 2025
Gross Income 44400
Accessibility None
County Ramsey
Operating Expense 6606
Insurance Expense 2838
New Construction N
Property Type Residential Income
Association Amenities Laundry Deck
Contingency None
MaintenanceExpense 500
Subdivision Name Section 22 Town 29 Range 22
Directions Head east on Maryland Ave E to Earl St Turn left onto Prosperity Ave Turn right onto Ivy Ave E Destination will be on the right.
City Saint Paul
High School District St. Paul
Zoning Description Residential-Multi-Family
Number Of Units Total 3
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 5729
Electric Expense 4032
Fuel Expense 0
Trash Expense 912
Water Sewer Expense 1381
Additional Parcels Y/N N
Standard Status Pending
Lender Owned No
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Interior
Basement Finished
Basement (Y/N) Y
Above Grade Finished Area 1755
Laundry Features Lower Level Sink
Total Bedrooms 5
Below Grade Finished Area 450
Total Baths 3
Fuel Natural Gas
Garage Square Feet 546
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Exterior
Fencing Partial Wood
Parking Features Detached Garage Asphalt Shared Driveway No Int Access to Dwelling
Water Source City Water/Connected
Lot Size Area 0.41
Building Area Total 2715
Lot Dimensions 297x60
Waterfront Y/N N
Foundation Area 1005
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 1562
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* Excluded Features
List By
Pemberton Re

Broker

soldwithraquel@gmail.com

Email

Affordability Calculator

$2,929
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,451
Monthly Property Taxes
$477
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
709337 Elementary School
708288 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/29/2026$354,900 -1.42% Price Down
5/7/2026$360,000 Listed Price

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1562 Ivy Avenue E, Saint Paul, MN, 55106 is a Multi-Family Home for sale at $354,900 with 2,205 sqft and a lot size of 0.41. 1562 Ivy Avenue E has 5 bedrooms, 3.0 baths, and was built in 1946. The property's zip code is 55106 which is in Saint Paul, MN