$379,900

1562 Ivy Avenue ESaint Paul, MN 55106

Type: Multi-Family

3 Units

Description

Investors, look no further! Cash flowing triplex home on the greater east side in Saint Paul. Close to parks, shopping and schools. All units are currently leased out for the next year with strong rental history since current ownership. Each unit has its own floor with private access. Amazing opportunity for your next investment!

MLS ID: 6778038

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.

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Property Details

Essential Details

MLS #: 6778038

Listing courtesy of: Lakes Sotheby's International Realty

Price: $379,900

Type: Multi-Family

Contingency: None

Foreclosure: No

Zoning: Residential-Multi-Family

Total Units: 3

Annual Gross Income: $44,400

Operating Expense: $6,606

Annual Gross Expense: $7,741

Annual Electric Expense: $4,032

Annual Insurance Expense: $2,838

Annual Maintenance Expense: $500

Annual Other Expense: $1,000

Annual Annual Expense: $912

Annual Water/Sewer Expense: $1,381

Owner Pays: Electricity, Gas, Trash Collection

Parking Features: Detached, Asphalt, Shared Driveway, No Int Access to Dwelling

Garage SqFt: 546

Garage Spaces: 2

Building Details

Owner Occupied: No

Finished SqFt Total: 2,205

Finished Above Grade: 1,755

Finished Below Grade: 450

Fireplace: No

Construction Materials: Stucco

AccessibilityFeatures: None

Heating: Forced Air

Style: Triplex

Foundation Area: 1,005

Sewer: City Sewer/Connected

Water Source: City Water/Connected

Present Use: Yearly

Number of Ranges: Three

Number of Refrigerators: Three

Lot Details

Complex/Dev/Sub Name: Section 22 Town 29 Range 22

Lot Dimensions: 297x60

Fence: Partial, Wood

School Information

District: St. Paul

District Number: 625

District Phone: 651-767-8100

Community Information

County: Ramsey

Survey Range: 22

Survey Section: 22

Survey Township: 29

Taxes

Tax Year: 2025

Tax Amount: $5,729

Assessment Pending: No

Taxes w/Assessments: $6,376

This listing was last updated by Lakes Sotheby's International Realty on 11/13/2025 at 9:30 am.

Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.

Records last updated at 12/5/2025 3:25 am.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Rochester are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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