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!
Active
Price cut: $5.1K (11/13)
$379,900
1562 Ivy Ave E, Saint Paul, MN 55106
5beds
3baths
2,715sqft
Est.:
Triplex
Built in 1946
-- sqft lot
$347,100 Zestimate®
$140/sqft
$-- HOA
What's special
- 98 days |
- 489 |
- 23 |
Zillow last checked: 8 hours ago
Listing updated: November 13, 2025 at 07:30am
Listed by:
Raquel Hanson 612-351-7668,
Lakes Sotheby's International Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6778038
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air
Features
- Basement: Finished
Interior area
- Total structure area: 2,715
- Total interior livable area: 2,715 sqft
- Finished area above ground: 1,755
- Finished area below ground: 450
Property
Parking
- Total spaces: 2
- Parking features: Detached, Asphalt, Shared Driveway, No Int Access to Dwelling
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Deck
- Fencing: Partial,Wood
Lot
- Size: 0.41 Acres
- Dimensions: 297 x 60
Details
- Foundation area: 1005
- Parcel number: 222922430032
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Stucco
Condition
- Age of Property: 79
- New construction: No
- Year built: 1946
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Section 22 Town 29 Range 22
HOA
- Amenities included: Laundry, Deck
Location
- Region: Saint Paul
Financial & listing details
- Price per square foot: $140/sqft
- Tax assessed value: $365,400
- Annual tax amount: $5,729
- Date on market: 9/3/2025
- Cumulative days on market: 79 days
Estimated market value
$347,100
$302,000 - $392,000
$1,477/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2025 | Price change | $379,900-1.3%$140/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6778038 Report a problem | ||
| 9/5/2025 | Price change | $385,000-6.1%$142/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6778038 Report a problem | ||
| 9/3/2025 | Listed for sale | $410,000+36.4%$151/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6778038 Report a problem | ||
| 7/16/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/1/2024 | Listed for rent | $1,500+66.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,562 +13.9% | $365,400 +6.9% |
| 2023 | $4,882 +22.8% | $341,900 +11.7% |
| 2022 | $3,976 -23.5% | $306,100 +24.7% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,384/mo
Principal & interest
$1862
Property taxes
$389
Home insurance
$133
Climate risks
Neighborhood: Greater Eastside
Nearby schools
GreatSchools rating
- 4/10The Heights Community SchoolGrades: PK-5Distance: 0.7 mi
- 2/10Battle Creek Middle SchoolGrades: 6-8Distance: 2.7 mi
- 2/10Johnson Senior High SchoolGrades: 9-12Distance: 1.6 mi
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