Property for Sale in Saint Paul
616 Ivy E Avenue
Saint Paul, MN 55101

Price
$649,900

MLS #
7127470

Status
Active


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Property Details

Year Built
1959

Square Feet
6,658

Parking Features
Concrete,Shared Driveway,Unassigned

Acres
0.25

Zoning
Residential-Multi-Family

2026 Property Taxes
$11,758

School District
St. Paul

County
Ramsey


Seven-unit apartment building in Saint Paul's Payne-Phalen neighborhood, built 1959, approximately 4,800 SF on an RM2 lot. All units are 1BR/1BA. Two units have been renovated by current ownership. Rear off-street parking pad installed, shared coin laundry, basement storage and an exterior shed. Seller has installed a new 200 amp electrical panel as of April 2025 in the laundry room for the entire building and all work was permitted. Very clean building with room to increase rents to market. Unit #1 has an approved Section 8 tenant moving in 10/31/26, and the remaining units could also pursue Section 8 approval if the next owner chooses that route. Unit 3 is vacant and being marketed at $1,150 to both section-8 and non-section-8 renters.


35N to Maryland E to Edgerton N to Ivy E to Building


35N to Maryland E to Edgerton N to Ivy E to Building

Features


Utilities
Electric Separate,Heating Common,Hot Water Common

Heating
Hot Water

Sewer
City Sewer/Connected

Water
Public

Foundation
Poured Concrete

Additional Info


Includes
Exhaust Fan,Range,Refrigerator

Listed By
Lars Anderson of RE/MAX Results

Listed
08/21/26 and last updated 09/04/26

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