Pending
1562 Ivy Avenue E Saint Paul, MN - Image 11562 Ivy Avenue E Saint Paul, MN - Image 21562 Ivy Avenue E Saint Paul, MN - Image 31562 Ivy Avenue E Saint Paul, MN - Image 41562 Ivy Avenue E Saint Paul, MN - Image 51562 Ivy Avenue E Saint Paul, MN - Image 61562 Ivy Avenue E Saint Paul, MN - Image 71562 Ivy Avenue E Saint Paul, MN - Image 81562 Ivy Avenue E Saint Paul, MN - Image 91562 Ivy Avenue E Saint Paul, MN - Image 101562 Ivy Avenue E Saint Paul, MN - Image 111562 Ivy Avenue E Saint Paul, MN - Image 121562 Ivy Avenue E Saint Paul, MN - Image 131562 Ivy Avenue E Saint Paul, MN - Image 141562 Ivy Avenue E Saint Paul, MN - Image 151562 Ivy Avenue E Saint Paul, MN - Image 161562 Ivy Avenue E Saint Paul, MN - Image 171562 Ivy Avenue E Saint Paul, MN - Image 181562 Ivy Avenue E Saint Paul, MN - Image 191562 Ivy Avenue E Saint Paul, MN - Image 201562 Ivy Avenue E Saint Paul, MN - Image 211562 Ivy Avenue E Saint Paul, MN - Image 22
Pending

$354,900

5 Beds 3 Baths 2,205 SQFT 0.41 Acres
Type: Pending

1562 Ivy Avenue E
Saint Paul, MN 55106

MLS#: 7069944
Amanda Miskowic
Amanda Miskowic
The Real Estate Advantage
Agent
Phone: 952.239.2282
Office: 952.224.8800
Presented by: Pemberton RE

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)


 

Interior Features

Bedrooms

Total Bedrooms5

Bathrooms

Total Baths3

Other Interior Features

Above Grade Finished Area1,755 sqft
BasementFinished
Basement (Y/N)Yes
Below Grade Finished Area450 sqft
FuelNatural Gas
Garage Square Feet546
Laundry FeaturesLower Level, Sink

General

AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesLaundry, Deck
CitySaint Paul
ContingencyNone
CountyRamsey
DirectionsHead 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.
Electric Expense4032
Fuel Expense0
Garage Spaces2
Gross Income44400
HeatingForced Air
High School DistrictSt. Paul
Insurance Expense2838
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area2,205 sqft
Lot Size UnitsAcres
MaintenanceExpense500
New ConstructionNo
Number Of Units Total3
Operating Expense6606
OwnerPaysElectricity, Gas, Trash Collection, Water
Pool FeaturesNone
PostalCitySaint Paul
Property SubtypeTriplex
Property TypeResidential Income
SewerCity Sewer/Connected
Standard StatusPending
Subdivision NameSection 22 Town 29 Range 22
Tax Annual Amount$5,729
Tax Year2025
Trash Expense912
Water Sewer Expense1381
Year Built1946
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total2,715 sqft
FencingPartial, Wood
Foundation Area1,005 sqft
Lot Dimensions297x60
Lot Size Area0 sqft
Parking FeaturesDetached Garage, Asphalt, Shared Driveway, No Int Access to Dwelling
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
High School N/A
Elementary School N/A

  

Similar Properties

$354,900

5 Beds 3 Baths 2,205 SQFT 0.41 Acres
Type: Pending

1562 Ivy Avenue E
Saint Paul, MN 55106

MLS#: 7069944
Amanda Miskowic
Amanda Miskowic
The Real Estate Advantage
Agent
Phone: 952.239.2282
Office: 952.224.8800