MLS: #7069944, Listed By: Raquel Hanson, Pemberton RE, Source:FargoMoorhead Area Association of REALTORS
1562 Ivy Avenue
Saint Paul, MN 55106
5
Bed
3
Bath
2,205Sqft
0.41Acre(Lot)
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 vers
Property Details
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Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 3 -
Heating & Cooling
Has Heating: Yes Heating: Forced Air
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Building Information
Year Built: 1946 Building Area Total: 2715 Construction Materials: Stucco Stories: 2 Patio And Porch Features: Deck Pool Features: None Private Pool: No
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Lot Information
Lot Dimensions: 297x60 Main Square Feet: 0.41 Acres Lot Size Acres: 0.41 Lot Size Square Feet: 17859.6Property Information
Subdivision: Section 22 Town 29 Range 22 Source Property Type: Residential Income Postal Code Plus 4: 2228 Property SubType: Triplex Levels: Two Property Age: 80
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Listing Price Information
Listing Price: $354900 Original Price: $360000
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Tax Information
Parcel Number: 222922430032 Tax Year: 2025 Annual Tax: $5729 Tax Legal Desc: SECTION 22 TOWN 29 RANGE 22 SUBJ TO IVY AVE THE E 6O FT OF W 27O 15/1OO FT OF N 328 1/1O FT OF SW 1/4 OF SE 1/4 OF SEC 22 TN 29 RN 22
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Parking Information
Shared Driveway, DrivewayGarage Information
Has Garage: Yes Garage Space: 2Homeowners Association InformationAssociation Amenities: Laundry, Elevator(s)
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Location Information
Direction: 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. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1667 Ames Avenue, Saint Paul, MN, 55106 | $330,000 | 6 | 5 | 3,877 | 0.66 Acre |
| 1680 Burns Avenue, Saint Paul, MN, 55106 | $375,000 | 4 | 2 | 2,663 | 0.20 Acre |
| 1382 Minnehaha Avenue, Saint Paul, MN, 55106 | $340,000 | 5 | 3 | 2,556 | 0.11 Acre |
| 1235 Minnehaha Avenue, Saint Paul, MN, 55106 | $364,900 | 6 | 3 | 2,439 | 0.12 Acre |
| 1237 5th Street, Saint Paul, MN, 55106 | $264,900 | 4 | 2 | 2,093 | 0.11 Acre |
| 1204 E 7th Street, Saint Paul, MN, 55106 | $469,000 | 10 | 4 | 3,200 | 0.11 Acre |
| 1199 Ross Avenue, Saint Paul, MN, 55106 | $275,000 | 4 | 3 | 1,862 | 0.11 Acre |
| 1195 Bush Avenue, Saint Paul, MN, 55106 | $420,000 | 6 | 2 | 2,600 | 0.11 Acre |
| 1149 Minnehaha Avenue, Saint Paul, MN, 55106 | $339,900 | 5 | 3 | 3,000 | 0.15 Acre |
| 1105 Rose Avenue, Saint Paul, MN, 55106 | $235,000 | 6 | 2 | 1,465 | 0.11 Acre |
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Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.
ByOwner last updated this listing 09/22/2026 @ 13:46
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