Pending Triplex MLS# 7069944

1562 Ivy Avenue E

Saint Paul, MN 55106

$354,900

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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)

Property details

Property

Type
Triplex
MLS type
Triplex
Status
Pending
Year built
1946
Stories
Two
Living area
2,205 sqft
Price / sqft
$161
Lot
0.41
Original price
$360,000
MLS #
7069944

Interior

Features
Forced Air, Lower Level, Sink, Finished
Heating
Forced Air
Laundry
Lower Level, Sink

Exterior & lot

Features
Stucco, Detached Garage, Asphalt, Shared Driveway, No Int Access to Dwelling
Construction
Two, Block
Foundation
Block
Lot
222922430032, Partial, Wood
Fence
Partial, Wood
Parking
Detached Garage, Asphalt, Shared Driveway, No Int Access to Dwelling
Garage spaces
2

Schools

District
St. Paul Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$5,729
Tax year
2025
Parcel
222922430032

Location

Subdivision
Section 22 Town 29 Range 22
County
Ramsey
Neighborhood
Greater East Side
Community
Ramsey, Laundry, Deck, northstar, St. Paul
Directions
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.

Location

Neighborhood
Greater East Side
Subdivision
Section 22 Town 29 Range 22
School district
St. Paul Public School District

Ask about this property

Questions on 1562 Ivy Avenue E, Saint Paul, MN 55106, or want to see it in person?

Listed by Raquel Hanson, Pemberton RE

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.