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$1,097,000

  • For Sale
  • Active
  • Commercial
  • 11,184 Sq. Ft.
  • 0.164 Acres
  • Updated 3 days ago
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Come take a look at this fully-occupied 8-unit multifamily investment opportunity located in the Summit-University neighborhood. Tenants love the layout of these units & commonly use 3/8 units as 3 BR or 2BR+ den units (using the sun room leading to the porch as a 3rd bedroom) Each unit has its own boiler and water heater. Tenants pay ALL their own Gas (cooking & heat) - so the owner has below average utility costs. The units feature classic architectural character like high ceilings, original woodwork, built-in cabinetry, and large porches! The longer-term tenants rent below market & have opportunities to increase with pet & off-street parking income. Leases have a mix of MTM and expirations into late 2026, offering stability and flexibility for a buyer to immediately implement their own lease terms Located centrally between downtown St Paul & Minneapolis for quick commutes, nearby grocery shopping, restaurants, and nightlife. Reach out to the listing agents for more financial information and tours

Full Property Details for 583 Holly Ave

General

  • Price: $1,097,000
  • Taxes: $24,812 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6642470
  • Updated: 1/14/2026
  • Added to Site: 312 day(s) ago

Interior

  • Flooring: Tile, Vinyl, Wood

Rooms

Bathrooms

  • Total Bathrooms: 8

Bedrooms

  • Total Bedrooms: 15

Additional Information

  • Amenities: Balcony, Ceiling Fan(s), Deck

Exterior

  • Porch/Patio/Deck: Front Porch

Parking

  • Parking Features: Parking Lot

Location

  • County: Ramsey
  • Township: Saint Paul
  • Subdivision: Woodland Park Addition, To St
  • Neighborhood: 101
  • Driving Directions: Summit Ave to Dale St N, East on Holly Ave and the property will be on your left.

School Information

  • School District: 2102 - St. Paul
  • High School District: St. Paul

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Boiler
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Separate, Heating Separate, Hot Water Common

Structural Information

  • Basement: Yes
  • Foundation Size: 3216
  • Roof: Age Over 8 Years, Flat, Rubber
  • Ceiling Height: 11-15
  • Disability Access: None
  • Square Feet: 11,184
  • Finished Down/Base.: 11,184 Sq. Ft.
  • Current Bldg. Use: Commercial
  • Year Built: 1890

Lot Features

  • Lot Size (Acres): 0.164
  • Lot Dimensions: 50 x 143
  • Zoning: Business/Commercial, Residential-Multi-Family

Financial Considerations

  • Tax Amount: $24,812
  • Tax Year: 2025
  • Terms: Conventional, Cash, Other
  • Owner Pays: Electricity, Hot Water, Insurance, Grounds Care, Repairs, Sewer, Trash Collection
  • Tenant Pays: Electricity, Gas, Heat
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays
  • Pays Heat: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: WOODLAND PARK ADDITION TO ST LOT 18 BLK 16
  • Inclusions: Building, Land, Leases
  • Property ID: 12823230093

Listed by MRG Realty Partners, LLC

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Listing agents

— 583 Holly Ave —

  • MRG Realty Partners, LLC

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with our affiliated lender
NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 583 Holly Ave

School District:St. Paul Public School District
NameGradesDistance
Jackson Magnet Elementary School
437 Edmund Avenue West, Saint Paul, MN 55103
PK-51.1 mi
Hidden River Middle School
1700 Summit Avenue, Saint Paul, MN 55105
6-82.3 mi
Central Senior High School, Saint Paul, MN
275 Lexington Parkway North, Saint Paul, MN 55104
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 583 Holly Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/22/2025
Price Reduced
$1,097,000
-4.36%
MLS
3/12/2025
Listed
$1,147,000
-12.11%
MLS
12/23/2020
Sold
$1,305,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 583 Holly Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$25,768
-2%
$1,151,000
-8%
2024
$26,360
33%
$1,249,800
22%
2021
$19,764
-26%
$1,028,100
-25%
2023
$26,784
36%
$1,372,900
35%
2021
$19,764
16%
$1,020,700
24%
2020
$16,970
5%
$821,600
6%
2019
$16,172
17%
$775,100
15%
2018
$13,820
28%
$674,000
25%
2017
$10,836
—
$539,200
3%
2016
$10,864
3%
$523,800
4%
2015
$10,566
-6%
$505,000
—
2014
$11,274
—
$505,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by MRG Realty Partners, LLC

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583 Holly Avenue, Saint Paul, MN 55102 (MLS# 6642470) is a Commercial property. 583 Holly Avenue is currently listed for $1,097,000 and was received on March 12, 2025. Want to learn more about 583 Holly Avenue? Do you have questions about finding other Commercial real estate for sale in Saint Paul? You can browse all Saint Paul real estate or contact a Coldwell Banker agent to request more information.

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