7-Unit Apartment
New
For Sale
$679,900
616 Ivy Avenue E, Saint Paul, MN 55101
Commercial Sale, Saint Paul, MN
Property Size4,800 SF
Lot Size0.25 Acres
Price / SF$141.65
Days on Market2
Property Features for 616 Ivy Avenue E
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Residential-Multi-Family
Bedrooms
7
Bathrooms
7
Full bathrooms
7
Rooms
Bathroom 4, Bathroom 3, Bedroom 6, Bedroom 3, Bedroom 5, Bathroom 6, Bedroom 2, Basement, Bathroom 5, Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 7, Bedroom 7, Bathroom 1
Parking features
Driveway, Assigned
Exterior features
Stucco
Fencing
Chain Link
Appliances
Exhaust Fan/Hood, Range, Refrigerator
Lot features
Public Transit (w/in 6 blks)
High school district
St. Paul
Directions
35N to Maryland E to Edgerton N to Ivy E to Building
Standard status
Active
APN
202922430022
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
11758
Utilities
Heating system
Hot Water(Heating)
Amenities
off-street parking
shared coin laundry
basement storage
exterior shed
Building Details
Year built
1959
Roof type
Shingle
Listing Agency:
RE/MAX Results · RE/MAX International
(612) 314-1520
Listed By:
Lars Anderson
(952) 829-2900
Added: Aug 21
Changed: Aug 22
Last Checked: Aug 22 at 7:06PM
MLS# 7127470
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 7-unit apartment building in Saint Paul’s Payne-Phalen neighborhood was built in 1959 and sits on a 0.25-acre RM2 lot. Each apartment is configured as a 1-bedroom, 1-bathroom unit, with two residences renovated by the current ownership. Building amenities include shared coin laundry, basement storage, an exterior shed, and a rear off-street parking pad. Individual units include ranges, refrigerators, and exhaust fan/hoods.
A new 200 amp electrical panel was installed in the laundry room in April 2025 to serve the entire building, and the work was permitted. The property has stucco exterior construction, a shingle roof, hot water heating, assigned parking, and a driveway. Chain-link fencing encloses the property, and the building is located at 616 Ivy Avenue E in Saint Paul, Minnesota.
A new 200 amp electrical panel was installed in the laundry room in April 2025 to serve the entire building, and the work was permitted. The property has stucco exterior construction, a shingle roof, hot water heating, assigned parking, and a driveway. Chain-link fencing encloses the property, and the building is located at 616 Ivy Avenue E in Saint Paul, Minnesota.
Key Highlights
- 7‑unit apartment building with all units configured as 1BR/1BA
- Two units renovated by current ownership
- New 200 amp electrical panel installed in April 2025; permitted work
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
710
Businesses Nearby
Explore this area
Business Placement
Demographics for 55101, MN
7,788
Population
5,651
Households
1.4
Avg Household Size
38
Median Age
57%
College-Educated
96%
High-School Grad
0.8 sq mi
ZIP Area
9,735
Density / Sq Mi
$72,703
Median Household Income
$56,947
Median Earnings
$1,573
Median Rent
$252,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - One-bedroom units are supported by shared laundry, basement storage, and rear off-street parking.
Where is this apartment building located?
The property is located at 616 Ivy Avenue E Saint Paul, MN.
What is the asking price?
The asking price for this property is $679,900.
What are key features of this property?
This property features: 7‑unit apartment building with all units configured as 1BR/1BA; Two units renovated by current ownership; New 200 amp electrical panel installed in April 2025; permitted work
