1023 E 5th St Duluth, MN 55805
East Hillside NeighborhoodEstimated payment $2,276/month
About This Home
Excellent opportunity for owner-occupant to lower your cost of living or an investor. Licensed tri-plex centrally located in Duluth with a park view across the street and glimpses of the lake where you can watch the ships go by. Unit #1 has one bedroom, a full bathroom, living room, dining room, kitchen and a den. Unit #2 has two bedrooms, a 3/4 bath, living room, kitchen, dining room, and outdoor balcony. Unit #3 has two bedrooms, a full bathroom, living room and kitchen. There are two off street parking spaces off the alley. New roof and updated unit #3 in 2023. Current rents are $3,755 per month. Owner expenses $288 per month (trash and some utilities) and owner handles lawn and snow care. All units pay their own electricity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,888
Year Built
- Built in 1906
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 25x140
Home Design
- 3,091 Sq Ft Home
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Community Details
- 3 Units
- Trash Expense $97
Listing and Financial Details
- The owner pays for lawn care, snow removal, trash collection, water, sewer
- Assessor Parcel Number 010-3830-18790
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,888 | $290,200 | $12,500 | $277,700 |
| 2023 | $4,878 | $251,100 | $14,800 | $236,300 |
| 2022 | $3,848 | $232,000 | $14,000 | $218,000 |
| 2021 | $3,672 | $190,400 | $13,400 | $177,000 |
| 2020 | $3,780 | $185,800 | $13,100 | $172,700 |
| 2019 | $3,494 | $185,800 | $13,100 | $172,700 |
| 2018 | $2,814 | $173,100 | $13,100 | $160,000 |
| 2017 | $3,038 | $148,000 | $11,400 | $136,600 |
| 2016 | $3,204 | $142,000 | $13,600 | $128,400 |
| 2015 | $3,274 | $173,900 | $9,100 | $164,800 |
| 2014 | $3,274 | $173,900 | $9,100 | $164,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/30/2026 03/30/26 | Pending | -- | -- | -- | |
| 03/19/2026 03/19/26 | For Sale | $350,000 | +21.3% | $113 / Sq Ft | |
| 08/01/2022 08/01/22 | Sold | $288,500 | 0.0% | $93 / Sq Ft | View Prior Sale |
| 06/18/2022 06/18/22 | Pending | -- | -- | -- | |
| 06/15/2022 06/15/22 | For Sale | $288,500 | +99.0% | $93 / Sq Ft | |
| 08/31/2016 08/31/16 | Sold | $145,000 | -3.3% | $48 / Sq Ft | View Prior Sale |
| 07/20/2016 07/20/16 | Pending | -- | -- | -- | |
| 07/13/2016 07/13/16 | For Sale | $150,000 | -- | $50 / Sq Ft |
Source: Lake Superior Area REALTORS®
MLS Number: 6124115
Ask me questions while you tour the home.