1562 Ivy AVE E, Saint Paul, MN 55106
1562 Ivy AVE E, Saint Paul, MN 55106
1562 Ivy AVE E, Saint Paul, MN 55106
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$354,900
Est. payment /mo
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5 Beds
3 Baths
2,205 SqFt
Active

1562 Ivy AVE E Saint Paul, MN 55106

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Dawn Martinez

Dawn Martinez

+1(608) 790-1385

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,205 sqft

Price per Sqft $160

Subdivision Section 22 Town 29 Range 22

MLS Listing ID 7069944

Bedrooms 5

Year Built 1946

Annual Tax Amount $5,729

Tax Year 2025

Contingent None

Lot Size 0.410 Acres

Lot Dimensions 297x60

Property Sub-Type Triplex

Property Description

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)

Location

State MN

County Ramsey

Zoning Residential-Multi-Family

Rooms

Basement Finished

Interior

Heating Forced Air

Fireplace No

Laundry Lower Level, Sink

Exterior

Parking Features Detached Garage, Asphalt, Shared Driveway, No Int Access to Dwelling

Garage Spaces 2.0

Fence Partial, Wood

Pool None

Building

Story Two

Foundation 1005

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District St. Paul

Listed by Raquel Hanson • Pemberton RE

NEARBY SCHOOL & BUSINESS

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Dawn Martinez

Dawn Martinez

Operations Manager

+1(608) 790-1385

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1562 Ivy AVE E