1407 E 3rd St Duluth, MN 55805
East Hillside NeighborhoodEstimated payment $1,925/month
About This Home
Opportunity knocks with this classic up/down stucco duplex just one block from the Chester Creek trail system and a short distance to UMD and downtown Duluth! The lower unit offers a spacious 3-bedroom layout with a great Lake Superior view from the living room and an updated 3/4 bath. Upstairs features a large 1-bedroom unit with a full bath, very comfortable living space, and a sun room above the rear stair case! Currently fully licensed and rented bringing in $2,350/month, this property works well for both investors and owner-occupants looking to offset their mortgage (upper unit is MTM). Big-ticket updates are already in place, including an on-demand water heater, updated furnace, newer roof, and separate electric meters! Outside, you’ll find a detached 3-car garage offering added income potential or storage, plus off-street parking. This is a solid, easy-to-manage property in a highly desirable location!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,656
Year Built
- Built in 1886
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 50 x 140
Parking
- 3
Home Design
- Duplex
- Rubber Roof
Interior Spaces
- 2,000 Sq Ft Home
- 2-Story Property
- Lake Views
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Community Details
- 2 Units
Listing and Financial Details
- The owner pays for lawn care, repairs, water, sewer
- Assessor Parcel Number 010-1480-06820
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 | $4,690 | $256,400 | $25,300 | $231,100 |
| 2023 | $4,312 | $229,200 | $29,800 | $199,400 |
| 2022 | $4,296 | $215,000 | $28,100 | $186,900 |
| 2021 | $3,920 | $212,600 | $23,500 | $189,100 |
| 2020 | $3,418 | $198,500 | $22,000 | $176,500 |
| 2019 | $3,176 | $167,900 | $18,600 | $149,300 |
| 2018 | $2,812 | $157,300 | $18,600 | $138,700 |
| 2017 | $2,636 | $147,900 | $17,600 | $130,300 |
| 2016 | $2,564 | $151,200 | $18,900 | $132,300 |
| 2015 | $2,618 | $138,900 | $19,400 | $119,500 |
| 2014 | $2,618 | $138,900 | $19,400 | $119,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/04/2026 05/04/26 | For Sale | $289,900 | +28.8% | $145 / Sq Ft | |
| 09/30/2021 09/30/21 | Sold | $225,000 | -25.0% | $119 / Sq Ft | View Prior Sale |
| 08/08/2021 08/08/21 | Pending | -- | -- | -- | |
| 05/05/2021 05/05/21 | For Sale | $299,900 | -- | $159 / Sq Ft |
Source: Lake Superior Area REALTORS®
MLS Number: 6124960
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Ask me questions while you tour the home.