NOT LISTED FOR SALE

1302 W 1st St Duluth, MN 55806

Central Hillside Neighborhood
4 Beds
2 Baths
1,884 Sq Ft
0.5 Acres

Last Sold September 23, 2024

Last sale price $220,000 $117 Per Sq Ft

62 Days on Market

Highlights

  • Lake View
  • Wood Flooring
  • Eat-In Kitchen
  • 0.5 Acre Lot
  • No HOA
  • Woodwork

About This Home

As of September 2024

This is an exciting opportunity to invest in a charming duplex on Goat Hill! This property features two separate units, one on each floor, each offering two bedrooms and one full bathroom. Large windows fill each unit with abundant natural light, creating a warm and inviting atmosphere. The property also includes three parking spaces for tenant convenience. The lower unit is currently leased until December 1, 2024, and the upper unit is Jan. 1 2025, providing you with immediate rental income and a seamless start to your landlord journey. The upper unit has potential for $1,500 a month rent and the lower unit $1,200. $2,700 a month potential! Whether you're a seasoned investor or just beginning in real estate, this duplex offers a promising venture. Call today for your private showing!

Last Agent to Sell the Property

Mike Raivala

RE/MAX Results Listed on: 06/10/2024

RE/MAX Results

Last Buyer's Agent

Amy Spampinato

RE/MAX Professionals - Duluth

RE/MAX Professionals - Duluth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,768

Year Built

  • Built in 1907

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 40 x 120
  • Level Lot

Home Design

  • Duplex
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Slate

Interior Spaces

  • 1,884 Sq Ft Home
  • Woodwork
  • Wood Flooring
  • Lake Views
  • Walkup Attic
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement
  • Sump Pump
  • Laundry in Basement
  • Basement Storage

Parking

  • No Garage
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Internet Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electric, internet service
  • Assessor Parcel Number 010-1120-08280

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,768

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: Take I-35 N to S 27th Ave W in Duluth. Take exit 254 from I-35 N. Drive to W 1st St.
  • InternetOptions: Cable, DSL, Satellite
  • L O1 Office Phone1 Number: 715-392-1111
  • Taxes With Assessments: 2743
  • Tax Year: 2024
  • View Type:Pond View: Lake Superior
  • Lot Description Waterfront: No
  • Appliances 1: Refrigerator, Range/Stove
  • Appliances 2: Refrigerator, Range/Stove
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1884
  • Garage Type: None
  • Heat: Forced Air, Natural Gas
  • Laundry: Basement
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 4
  • MediaType: Duplex
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Single Tenant Access, Storage, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Stone
  • Basement Style: Full
  • Stories: 2.25 - 2.75 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1884

Exterior Features

  • Road Frontage: City, Curb/Gutters, Paved, Storm Sewer
  • Exterior: Slate

Garage/Parking

  • Parking Driveway: Off Street, Street

Utilities

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

Condo/Co-op/Association

  • Shared: Storage
  • Association Fee: No

Association/Amenities

  • AmenitiesOtherAmenities1: Internet Service, Eat-In Kitchen, Hardwood Floors, Natural Woodwork, Cable TV
  • Association Fees Include:Amenities2: Internet Service, Eat-In Kitchen, Hardwood Floors, Natural Woodwork, Walk-up Attic

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 40 X 120
  • Estimated Number of Acres: 0.5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Level
  • Parcel Number: 010-1120-08280

Rental Info

  • Lease Terms: Cash, Conventional, FHA, VA/DVA
  • Tenant Expense: Cable TV, Electric, Internet Service

Tax Info

  • Tax Amount: 2768

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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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
09/23/2024 09/23/24 Sold $220,000 -4.3% $117 / Sq Ft
08/11/2024 08/11/24 Pending -- -- --
08/05/2024 08/05/24 For Sale $229,900 0.0% $122 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
07/22/2024 07/22/24 Price Changed $229,900 -2.1% $122 / Sq Ft
07/11/2024 07/11/24 Price Changed $234,900 -2.1% $125 / Sq Ft
06/25/2024 06/25/24 Price Changed $239,900 -7.7% $127 / Sq Ft
06/10/2024 06/10/24 For Sale $259,900 -- $138 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $2,952 $175,000 $34,000 $141,000
2023 $2,952 $159,200 $32,900 $126,300
2022 $2,942 $148,000 $30,800 $117,200
2021 $2,764 $145,200 $19,000 $126,200
2020 $2,846 $139,600 $18,300 $121,300
2019 $2,552 $139,600 $18,300 $121,300
2018 $2,056 $126,100 $18,300 $107,800
2017 $2,052 $107,800 $18,700 $89,100
2016 $1,996 $15,800 $15,800 $0
2015 $2,011 $107,800 $18,700 $89,100
2014 $2,011 $106,500 $18,000 $88,500
Source: Public Records

Agents Affiliated with this Home

  • Mike Raivala

    Seller's Agent in 2024

    Mike Raivala

    RE/MAX

    (218) 591-6453

    3 in this area

    317 Total Sales

    Mike Raivala
    Section Image
  • Amy Spampinato

    Buyer's Agent in 2024

    Amy Spampinato

    RE/MAX

    (218) 348-7027

    8 in this area

    159 Total Sales

    Amy Spampinato
    Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6114157

Minnesota St Louis County Duluth 55806 Central Hillside

1302 W 1st St, Duluth, MN

Not Listed for Sale

MultiFamily

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