1562 Ivy Avenue E, St Paul, MN
$354,900
5
Beds
3
Baths
2,715
Square feet
0.41
Acres
About 1562 Ivy Avenue E
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)
Features of 1562 Ivy Avenue E
| MLS® # | 7069944 |
|---|---|
| Price | $354,900 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Square Footage | 2,715 |
| Finished SQFT | 2,205 |
| Acres | 0.41 |
| Year Built | 1946 |
| Type | Single Family |
| Sub-Type | Triplex |
| Status | Pending |
| Contingency Type | None |
Community Information
| Address | 1562 Ivy Avenue E |
|---|---|
| Area | 92 |
| Subdivision | Section 22 Town 29 Range 22 |
| City | St Paul |
| County | Ramsey |
| State | MN |
| Zip Code | 55106 |
Amenities
| Amenities | Laundry, Deck |
|---|---|
| Parking | Detached Garage, Asphalt, Shared Driveway, No Int Access to Dwelling |
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Heating | Forced Air |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Finished |
Exterior
| Exterior Features | Stucco |
|---|
School Information
| District | St. Paul |
|---|
Additional Information
| Zoning | Residential-Multi-Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $5,729 |
| Tax Year | 2025 |
| Office | Pemberton RE |
Listing Details
| Office | Pemberton RE |
|---|