$649,900$
616 Ivy E Avenue
Saint Paul, MN, 55101
About 616 Ivy E Avenue
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.
Listing Provided Courtesy of RE/MAX Results
616 Ivy E Avenue Property Details
Price:
$649,900
MLS #:
NST7127470
Status:
Active
Beds:
7
Baths:
7
Type:
Commercial
Neighborhood:
paynephalen
Listed Date:
Aug 21, 2026
Total Sq Ft:
6,658
Lot Size:
10,890 sqft / 0.25 acres (approx)
Year Built:
1959
Schools
School District:
St. Paul
Interior Features
Appliances
Exhaust Fan, Range, Refrigerator
Cooling
None
Heating
Hot Water
Exterior & Lot Features
Accessibility Features
None
Association Amenities
Coin-op Laundry Leased
Exterior Features
Stucco
Fencing
Chain Link, Partial, Wood
Lot Features
Public Transit (w/in 6 blks)
Parking Features
Concrete, Shared Driveway, Unassigned
Roof
Age Over 8 Years, Asphalt, Pitched
Property Taxes & Financial Details
Tax Year
2026
Taxes
$11,758
Location
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616 Ivy E Avenue
Saint Paul, MN
