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Active NEW!
$164,900
/mo Edit
Multi-family:  Duplex Up and Down
Built 1895
1,451 sqft • 0.04 acres
Duluth schools
MLS# 6790765
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    Property Description

    Great investment or owner-occupant opportunity in the heart of Duluth! This centrally located duplex offers flexibility and solid income potential. The lower unit features 2 bedrooms, while the upper unit offers 1 bedroom, a private balcony, and stunning lake views. Off-street parking is available in the back. Estimated rents are $1, 200 (down) and $1, 100 (up), both units are now completely vacant and ready for new owners to set market rents or move right in. Owner pays water, sewer, and gas; tenants would pay electric. Don’t miss this chance to own a well-situated duplex with strong rental history and excellent potential!

    Listing

    Contingency: None
    Price per sq ft: $114
    City: Duluth
    County: St. Louis
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55805
    Subdivision Name: Duluth Proper Third Div

    Interior

    Living Area: 1,451 ft2
    Basement Details:
    • Block
    • Concrete
    • Full
    • Walkout

    Exterior

    Stories: Two
    Garage Spaces: 0
    Garage Dimensions: 0
    Garage Door Height: 0
    Garage Door Width: 0
    Foundation Size: 1,451 ft2
    Foundation Dimensions: 5X9+9X15+11x5+608
    Handicap Accessible: None
    Heating System:
    • Fireplace(s)
    • Forced Air
    Parking Features: On-Street Parking Only
    Exterior Material: Vinyl Siding
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.04
    Geolocation: 46.796035, -92.102494
    Lot Dimensions: 33 x 100
    Zoning: Residential-Multi-Family

    Schools

    School District: 709
    District Phone: 218-336-8700

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $1,400
    Annual Fuel Expense: $700
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: $120
    Annual Water/Sewer Expense: $700
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,459
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $2,488

    Income

    Annual Gross Income: $30,000
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    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 RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.