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1562 Ivy Avenue E, Saint Paul, MN 55106

Status: Pending

3 units
2,205 sq ft 2 garage spaces

$354,900

$5,100 from List Price

WELCOME HOME

Get to know this property.

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)

The details that matter.

General Property Information for 1562 Ivy Avenue E, Saint Paul, MN 55106 - MLS# 7069944
Bedrooms and Bathrooms
Total Bedrooms:
5
Total Bathrooms:
3
Size and Multi Family Residence
Year Built:
1946
Type of Property:
Multi Family Residence
Style:
Triplex
Stories/Levels:
2 Story
Total SqFt:
2,205
Total Fnsh'd SqFt:
2,205
Above Ground SqFt:
2,205
Finished Above Grade:
1,755
Below Ground SqFt:
510
Finished Below Grade:
450
Garage Stalls:
2
Garage SqFt:
546
Main Floor SqFt:
960
Approx Lot Dimensions:
297 x 60
Approx Number of Acres:
0.41
Income and Expenses
Gross Income:
$44,400
Total Expenses:
$0

A closer look at the location.

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.

This listing has been entered by the following office: Pemberton RE

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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