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Active NEW!
$309,900
/mo Edit
Multi-family:  Duplex Up and Down
5 br • 4 ba • Built 1906
2,518 sqft • 0.149 acres
Duluth schools
MLS# 7081629
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    Property Description

    Fantastic opportunity in the heart of Duluth! This well maintained duplex offers the perfect blend of character, location, and long term investment strength. Both units feature beautiful hardwood floors that stand out and add warmth and charm throughout. The upper unit is a spacious 3 bedroom, 2 bath, leased through 5/20/27 at $1, 700/month, while the lower 2 bedroom, 2 bath unit is leased through 7/28/26 at $1, 100/month, creating an ideal owner occupied option or strong midterm potential. Tenants pay all utilities, keeping operating costs low. The property offers ample off street parking with room for a future garage pending city approval. Located minutes from downtown, hospitals, public transportation, and UMD, this location consistently attracts a deep pool of potential tenants. A truly exciting, well cared for property with outstanding long term investment potential. Call today before it’s gone!

    Listing

    Contingency: None
    Price per sq ft: $123
    City: Duluth
    County: St. Louis
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55805
    Subdivision Name: Portland Div Of Duluth

    Interior

    Living Area: 2,518 ft2
    Refrigerators: Two
    Basement Details:
    • Other
    • Walkout

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,128 ft2
    Foundation Dimensions: 24x47
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Radiant
    Parking Features: Gravel
    Road Frontage: City Street
    Exterior Material: Stone
    Roof Details: Age 8 Years or Less

    Rooms

    Laundry:
    • Common Area
    • Electric Dryer Hookup
    • In Basement
    • Washer Hookup

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.149
    Geolocation: 46.801184, -92.088915
    Lot Dimensions: 50 x 130
    Zoning: Residential-Multi-Family
    Lot Description: Public Transit (w/in 6 blks)

    Schools

    School District: 709
    District Phone: 2183368700

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $2,760
    Annual Fuel Expense: $3,246
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $2,170
    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $4,528
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,562

    Income

    Annual Gross Income: $33,600

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Minnesota Power

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Coldwell Banker Realty - Dulut.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.