$ 649,900
-
$649,900
Price -
7
Bed -
7
Bath -
6,658
SqFt -
0.25
Acre
NEW! Buy and sell safely with virtual options - Learn More
About the Listing 40490 - 502047923
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.
Interior Details
- Bedrooms: 7
- Bathrooms: 7 Full
- Appliances: Exhaust Fan, Range, Refrigerator
- Air Cond:
- Heating: Hot Water,Natural Gas
- Fireplaces:
- Floor:
- Basement: Daylight/Lookout Windows,Finished
- Other: Kitchen Window,Natural Woodwork
- Water: City Water/Connected
Exterior Details
- Lot Description: Public Transit (w/in 6 blks),Chain Link,Partial,Wood
- Garage Capacity: N/A
- Zoning: Residential-Multi-Family
- Roof: Age Over 8 Years,Asphalt,Pitched
- Others:
- Sewer: City Sewer/Connected
- Parking Features: Concrete,Shared Driveway,Unassigned
Financial Details
- Tax Amount: $11,758
- Taxes w/Assessments: N/A
- Tax/Property ID: 202922430022
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
616 Ivy Ave E Saint Paul, MN 55101
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
