616 Ivy Avenue ESaint Paul, MN 55101
$649,900
7 bedrooms · 7 bathrooms · 6,658 finished sq ft · 0.25 acre lot
About this home
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.
Home facts
- Home type
- Single-family home
- Style
- Other
- Year built
- 1959
- Bedrooms
- 7
- Bathrooms
- 7
- Finished sq ft
- 6,658
- Lot
- 0.25 acres
- Basement
- Finished, Daylight
- Heating
- Natural Gas, Hot Water
- Cooling
- None
- Property taxes
- $11,758 a year
- Listed
- August 21, 2026
- MLS number
- 7127470
Listing courtesy of RE/MAX Results (Lars Anderson). MLS #7127470.
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How it compares
616 Ivy Avenue E, Saint Paul, MN 55101 is a 7-bedroom single-family home built in 1959 in Payne-Phalen, listed for $649,900 on August 21, 2026 by RE/MAX Results. That is in the upper quarter of the 533 single-family homes for sale in Saint Paul right now (median $325,000; $98 per square foot here against $191 for the group). That works out to $98 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 8:49 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Saint Paul community guideSchools, commutes, parks, home values and local stories.
- Payne-Phalen, Saint PaulThe neighborhood guide: homes, history, parks and market numbers.
- Saint Paul housing market, September 2026Homes sold for a median $300,000 over 12 months (0.0%), 48 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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