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616 Ivy Avenue E Saint Paul, MN $ 649,900
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$ 649,900 Get more info
616 Ivy Avenue E
$ 649,900
Back to search
Share Save

616 Ivy Avenue E

Saint Paul, MN, 55101
$ 649,900
Bedrooms7 Baths7.0 Sq 6,658

Monthly Estimate*

$ 4,489

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Commercial Property for sale in Saint Paul, MN

for $649,900 with 7 bedrooms and 7 full baths. This 6,658 square foot building was built in 1959 on a lot size of 0.25.

Seven-unit apartment building in Saint Paul's Payne-Phalen neighborhood, built 1959, approximately 4,800 SF on an RM2 lot. All units are 1BR/1BA. Two units have been renovated by current ownership. Rear off-street parking pad installed, shared coin laundry, basement storage and an exterior shed. Seller has installed a new 200 amp electrical panel as of April 2025 in the laundry room for the entire building and all work was permitted. Very clean building with room to increase rents to market. Unit #1 has an approved Section 8 tenant moving in 10/31/26, and the remaining units could also pursue Section 8 approval if the next owner chooses that route. Unit 3 is vacant and being marketed at $1,150 to both section-8 and non-section-8 renters.

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Commercial Active

Price

$ 649,900

Bedrooms

7

Full Bath

7

Property Type

Commercial

Taxes

$ 11,758

Style

Lot Size

0.25

Year Built

1959

Town/City

Saint Paul

County/Region

Ramsey

MLS | Web ID

7127470
Features
General
Sewer City Sewer/Connected
Heating Hot Water
Cooling None
Utilities Electric Separate Heating Common Hot Water Common
Roof Age Over 8 Years Asphalt Pitched
Appliances Exhaust Fan Range Refrigerator
Garage Spaces 0
Pool Features None
Year Built 1959
Tenant Pays Cable TV Electricity
Tax Year 2026
Current Use Residential
Gross Income 73224
Accessibility None
County Ramsey
New Construction N
Property Type Commercial Sale
Association Amenities Coin-op Laundry Leased
Contingency None
Directions 35N to Maryland E to Edgerton N to Ivy E to Building
City Saint Paul
High School District St. Paul
Zoning Description Residential-Multi-Family
Number Of Units Total 7
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 11758
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Amenities Unit Kitchen Window Natural Woodwork
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Interior
Basement Daylight/Lookout Windows Finished
Basement (Y/N) Y
Total Bedrooms 7
Total Baths 7
Fuel Natural Gas
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Exterior
Fencing Chain Link Partial Wood
Parking Features Concrete Shared Driveway Unassigned
Lot Features Public Transit (w/in 6 blks)
Water Source City Water/Connected
Inclusions Building Leases
Lot Size Area 0.25
Building Area Total 6658
Lot Dimensions 0
Waterfront Y/N N
Foundation Area 4800
Road Frontage Type City Street Curbs Sidewalks
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Internal Only
Street Number 1 616
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* Excluded Features
List By
Re/Max Results

Broker

lars@ts-re.com

Email

Affordability Calculator

$5,469
Per Month
82%
18%
0%
Monthly Principal & Interest
$4,489
Monthly Property Taxes
$980
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
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Pricing History
DatePricePrice ChangeDescription
9/3/2026$649,900 -4.41% Price Down
8/21/2026$679,900 Listed Price

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616 Ivy Avenue E, Saint Paul, MN, 55101 is a Commercial Property for sale at $649,900 with 6,658 sqft and a lot size of 0.25. 616 Ivy Avenue E has 7 bedrooms, 7.0 baths, and was built in 1959. The property's zip code is 55101 which is in Saint Paul, MN

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