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

OfficePemberton RE

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