1127 E 3rd St Duluth, MN 55805
East Hillside NeighborhoodEstimated payment $2,314/month
Highlights
- Public Water Access
- East High School Rated 10
- 3-minute walk to Portland Square
About This Home
Turnkey triplex in the heart of East Hillside with two units leased and one vacant. Move in, lease up, or refresh to increase rents. This solid stucco two-story has been well maintained and offers a classic Duluth multi-family footprint with good bones and strong income from day one. Unit 1 is a 2 bed/1 bath leased at $1,125/mo. Unit 2 is a vacant 1 bed/1 bath ready for an owner-occupant or new tenant at market. Unit 3 is a 2 bed/1 bath leased at $1,200/mo. Tenants pay all utilities except electric. Off-street parking on site. At $349,900, this one pencils under the 1% rule at market rents. Walkable to Chester Park, Chester Creek trails, UMD, and downtown Duluth with convenient access to bus service. Strong rental demand in this corridor makes this a low-risk hold with long-term upside.
Listing Agent
Heirloom Realty, LLC Brokerage Phone: License #MN 40724316 Listed on: 05/04/2026
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,132
Year Built
- Built in 1881
Parking
- No Garage
Home Design
- Stone Foundation
- Stucco
Interior Spaces
- 2,388 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Outdoor Features
- Public Water Access
Community Details
- 3 Units
Listing and Financial Details
- The owner pays for electricity, lawn care, snow removal
- Assessor Parcel Number 010-3830-11730
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,166 | $306,600 | $24,900 | $281,700 |
| 2023 | $5,152 | $269,400 | $29,700 | $239,700 |
| 2022 | $2,452 | $255,100 | $28,000 | $227,100 |
| 2021 | $2,398 | $120,900 | $20,200 | $100,700 |
| 2020 | $2,242 | $120,900 | $20,200 | $100,700 |
| 2019 | $2,222 | $109,700 | $18,200 | $91,500 |
| 2018 | $2,092 | $109,700 | $18,200 | $91,500 |
| 2017 | $2,204 | $109,700 | $18,200 | $91,500 |
| 2016 | $2,144 | $142,800 | $23,600 | $119,200 |
| 2015 | $2,188 | $115,900 | $18,200 | $97,700 |
| 2014 | $2,188 | $115,900 | $18,200 | $97,700 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/12/2026 05/12/26 | For Sale | $349,900 | 0.0% | $147 / Sq Ft | |
| 05/08/2026 05/08/26 | Off Market | $349,900 | -- | -- | |
| 05/05/2017 05/05/17 | Sold | $150,000 | -11.8% | $63 / Sq Ft | View Prior Sale |
| 03/15/2017 03/15/17 | Pending | -- | -- | -- | |
| 01/18/2017 01/18/17 | For Sale | $170,000 | +41.7% | $71 / Sq Ft | |
| 07/31/2013 07/31/13 | Sold | $120,000 | -7.6% | $50 / Sq Ft | View Prior Sale |
| 06/12/2013 06/12/13 | Pending | -- | -- | -- | |
| 05/03/2013 05/03/13 | For Sale | $129,900 | -- | $54 / Sq Ft |
Source: Lake Superior Area REALTORS®
MLS Number: 6125077
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Ask me questions while you tour the home.