$354,900
 $1,905 est/mo Sourced by Back At You

1562 Ivy Avenue E,Saint Paul, MN 55106

Saint Paul, MN 55106

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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)

Details

MLS #7069944
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1946
Days On Site152
Listing Provided ByPemberton RE | Raquel Hanson

Features

Bed(s)5
Bath(s)3
SQ Feet2,205
Garage2
BasementY
Story(s)2
Units3
ZoningResidential-Multi-Family
Acreage0.41

Interior

HeatingForced Air

Parking

Parking FeaturesDetached Garage, Asphalt, Shared Driveway, No Int Access to Dwelling

Taxes

Property5729

Area Information

StateMN
CountyRamsey
CitySaint Paul
Zip Code55106
Area92
Community NameSection 22 Town 29 Range 22
School District625
High SchoolSt. Paul
Listing VS Median (in Section 22 Town 29 Range 22)
Price:
$354,900
low | high
Med:
$354,900
50% of Average
sqft:
2,205
low | high
Med:
2,205
50% of Average
$ / sqft:
$161
low | high
Med:
$161
50% of Average
On site:
152
low | high
Med:
152
100% of Average
Sourced by Back At You

Market Activity 55106

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Additional Information


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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of October 6, 2026 at 4:47:01 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateMN
CountyRamsey
CitySaint Paul
Zip Code55106
Area92
Community NameSection 22 Town 29 Range 22
School District625
High SchoolSt. Paul
Listing VS Median (in Section 22 Town 29 Range 22)
Price:
$354,900
low | high
Med:
$354,900
50% of Average
sqft:
2,205
low | high
Med:
2,205
50% of Average
$ / sqft:
$161
low | high
Med:
$161
50% of Average
On site:
152
low | high
Med:
152
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $266K - $443K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
1498 Hazelwood Street Property Photo 1
$330,000
1498 Hazelwood Street
Saint Paul, MN 55106
1400 Arlington Avenue E Property Photo 1
$300,000
1400 Arlington Avenue E
Saint Paul, MN 55106
Listing Updated: September 29, 2026 at 6:28:46 AM PDT