$160,000
SOLD MAY 1, 2025
3 Beds
2 Baths
1,248 Sq Ft
35,284 Sq Ft Lot

Recently Sold

$128 Per Sq Ft

10 Days on Market

Highlights

  • 0.81 Acre Lot
  • 2 Car Detached Garage
  • 2-minute walk to Washington Community Center
  • No HOA

About This Home

As of May 2025

Looking for a solid investment property or owner-occupied duplex? This income-generating property at 112 W 5th St has got what you’re looking for. This up/down style duplex has separated electric utilities for each unit. The upper unit has 2 bedrooms, and is currently renting for $1,073/month until the end of April 2025. The lower unit rents for $770/month and is a month to month lease. Both units have their own laundry stations. A bonus feature is the two story garage in the back of the lot for more storage and/or parking. This duplex is an excellent cash-flow opportunity with long-standing tenants and key updates already in place. Don’t miss out—schedule a showing today!

Last Agent to Sell the Property

Kevin Kalligher

RE/MAX Results Listed on: 02/18/2025

RE/MAX Results

Last Buyer's Agent

Valarie Lake

Messina & Associates Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,047

Year Built

  • Built in 1901

Lot Details

  • 0.81 Acre Lot
  • Lot Dimensions are 25x140

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, trash
  • Assessor Parcel Number 010-1020-00600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,047

Year Built

Built in 1901

Lot Details

0.81 Acres

Parking

2

Listing Details

  • Class: MULTI-FAMILY
  • Directions: N Lake Ave to W 5th St, house will be on the left.
  • L O1 Office Phone1 Number: 218-722-2811
  • Taxes With Assessments: 2072
  • Tax Year: 2024
  • Lot Description Waterfront: No
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 714
  • Below Grade Finished Sq Ft: 534
  • Garage Type: Detached
  • Heat: Natural Gas
  • Parking Number Garage Spaces: 2
  • TotalBedrooms: 3
  • MediaType: Duplex
  • Year Built: 1901
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Stories: 2 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1248

Exterior Features

  • Exterior: Vinyl

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 25x140
  • Estimated Number of Acres: 0.81
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-1020-00600

Rental Info

  • Tenant Expense: Electric, Trash

Tax Info

  • Tax Amount: 2047
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2025 05/01/25 Sold $160,000 +0.1% $128 / Sq Ft
02/28/2025 02/28/25 Pending -- -- --
02/18/2025 02/18/25 For Sale $159,900 +240.2% $128 / Sq Ft
08/03/2018 08/03/18 Sold $47,000 -14.4% $59 / Sq Ft View Prior Sale
07/31/2018 07/31/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $54,900 -- $69 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $2,288 $135,300 $12,700 $122,600
2023 $2,288 $118,800 $15,100 $103,700
2022 $1,352 $109,300 $14,000 $95,300
2021 $1,322 $66,100 $10,800 $55,300
2020 $1,360 $66,100 $10,800 $55,300
2019 $1,496 $66,100 $10,800 $55,300
2018 $1,408 $73,400 $12,000 $61,400
2017 $1,030 $73,400 $12,000 $61,400
2016 $1,776 $129,400 $8,100 $121,300
2015 $1,571 $53,500 $4,700 $48,800
2014 $1,571 $53,500 $4,700 $48,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6117840

Your Personal Tour Guide

Ask me questions while you tour the home.