For Sale: Duluth MLS# 7152088
Active
NEW!
$399,900
Multi-family: Duplex Up and Down
6 br • 2 ba • Built 1909
2,563 sqft • 0.17 acres
Duluth schools
MLS# 7152088
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Property Description
Great multi-family opportunity with a long-term lease! This well-positioned duplex offers a flexible layout with 4 bedrooms upstairs and 2 bedrooms downstairs, along with 2 kitchens, 2 living rooms, and 2 bathrooms. The property features two electrical service panels, two boilers, two electric meters, and two gas meters, providing the infrastructure of a traditional duplex while currently being rented to a single group as a 6-bedroom rental. The current lease runs through 5/19/2027 at $3, 450 per month, with tenants paying utilities. A new lease is already in place with the same tenants beginning 6/1/2027 and running through 5/19/2028, including a $90/month rent increase. Additional features include a 2-stall garage, 5 off-street parking spaces, excellent on-street parking, and a location on a dead-end alley. Enjoy being just two doors from the Chester Creek walking paths, less than half a block from Burrito Union, with a bus stop approximately half a block away. Conveniently located approximately 1.5 miles from UMD and 2 miles from CSS. Numerous updates include a walk-in shower, two refrigerators, dishwasher, washer and dryer, dehumidifier, new refrigerator, and new dryer. Capital improvements include a new parking lot and sidewalks in 2022 and new garage bracing in 2025. The property has an active City of Duluth rental license through 8/1/2028 and was last inspected 6/9/2026. Long-term rental history with zero vacancy since 1990. 2026 property taxes are $4, 804 and insurance is approximately $1, 730 annually.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$399,900
Price per sq ft:
$156
Property Type:
Multi-family
City:
Duluth
Garage Spaces:
2
County:
St. Louis
Year Built:
1909
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55805
Subdivision Name:
Endion Div Of Duluth
Interior
Bedrooms:
6
Bathrooms:
2
Finished Area:
2,563 ft2
Living Area:
2,563 ft2
Basement Details:
- Full
- Walkout
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
22x20
Garage Size:
440 ft2
Foundation Size:
2,563 ft2
Foundation Dimensions:
31x32
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
Detached Garage
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.17
Geolocation:
46.803595, -92.084909
Lot Dimensions:
50 x 150
Zoning:
Residential-Single Family
Schools
School District:
709
District Phone:
2183368700
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1,920
Annual Fuel Expense:
$1,731
Annual Insurance Expense:
$1,730
Annual Maintenance Expense:
None
Annual Trash Expense:
$748
Annual Water/Sewer Expense:
$803
Tenant Expenses:
Electricity, Fuel, Sewer, Snow Removal, Trash Collection, Water
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$4,770
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$4,804
Income
Annual Gross Income:
$41,400
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.
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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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.