MRG Realty Partners is pleased to present 583 Holly Avenue, an 8-unit multifamily investment opportunity located in the historic Summit-University neighborhood of St. Paul. The property is comprised of seven two-bedroom units and one one-bedroom unit, with most layouts offering additional bonus space often utilized as a third bedroom, office, or den. The units feature classic architectural character like high ceilings, original woodwork, built-in cabinetry, and front and back balconies—elements that enhance tenant appeal and provide flexible living options. Current rents remain below market, and the majority of leases are month-to-month, giving new ownership immediate flexibility to adjust rents, implement lease renewals, and reposition the property to modern standards. Operationally, tenants pay their own gas and electric. There is near-term opportunity to further reduce owner exposure by billing tenants for water, sewer, and trash. Off-street parking is available and has the potential to generate additional income as leases turn over. Positioned in a highly walkable and bikeable location near shops, restaurants, and neighborhood amenities, 583 Holly Avenue offers stable occupancy today with multiple avenues to increase revenue and maximize long-term cash flow.