Property for Sale in Saint Paul
583 Holly Avenue
Saint Paul, MN 55102

Price
$1,097,000

MLS #
6642470

Status
Active


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Property Details

Year Built
1890

Square Feet
11,184

Parking Features
Parking Lot

Zoning
Business/Commercial, Residential-Multi-Family

2025 Property Taxes
$24,812

School District
St. Paul

County
Ramsey


Come take a look at this fully-occupied 8-unit multifamily investment opportunity located in the Summit-University neighborhood. Tenants love the layout of these units & commonly use 3/8 units as 3 BR or 2BR+ den units (using the sun room leading to the porch as a 3rd bedroom) Each unit has its own boiler and water heater. Tenants pay ALL their own Gas (cooking & heat) - so the owner has below average utility costs. The units feature classic architectural character like high ceilings, original woodwork, built-in cabinetry, and large porches! The longer-term tenants rent below market & have opportunities to increase with pet & off-street parking income. Leases have a mix of MTM and expirations into late 2026, offering stability and flexibility for a buyer to immediately implement their own lease terms Located centrally between downtown St Paul & Minneapolis for quick commutes, nearby grocery shopping, restaurants, and nightlife. Reach out to the listing agents for more financial information and tours


Summit Ave to Dale St N, East on Holly Ave and the property will be on your left.


Summit Ave to Dale St N, East on Holly Ave and the property will be on your left.

Features


Utilities
Electric Separate,Heating Separate,Hot Water Common

Heating
Boiler

Sewer
City Sewer/Connected

Water
Public

Additional Info


Listed By
Nathan Schammel of MRG Realty Partners, LLC

Listed
03/12/25 and last updated 01/18/26

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Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

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