1562 Ivy Avenue E, Saint Paul, MN 55106

• 5 beds |
• 3 baths |
• 2,205 sqft

Property 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)

Listing Status:

Active

Data Last Updated:

July 21, 2026 at 5:18PM

Listing Office:

Pemberton RE : 612-260-8777

MLS ID:

7069944

Interior

• Laundry: Lower LevelSink
• Basement: Finished
• Heating: Forced Air

Exterior

• General: Stucco
• Pool: None
• Parking: Detached GarageAsphaltShared DrivewayNo Int Access to Dwelling

Construction

• General: TwoBlock

Location

• HOA Amenities: LaundryDeck
• Originating MLS: northstar
• School District: St. Paul
• County: Ramsey

Lot

• Zoning: 222922430032
• Fencing: PartialWood

Utilities

• Water: City Water/Connected
• Sewer: City Sewer/Connected

Financial

• Source: northstar