$369,900

Estimated payment $2,431/month

Total Views 6,225
6 Beds
3 Baths
4,244 Sq Ft
$87 Price per Sq Ft

Highlights

  • No HOA
  • Wood Siding
  • 4-minute walk to Endion Park
  • Congdon Elementary School Rated A-

About This Home

This well-maintained triplex is ideally located near local colleges, medical centers, and downtown amenities, offering consistent rental income and strong investment potential. The property includes three licensed units: a spacious 3-bedroom unit that has been cleaned, turned, and is move-in ready for new tenants or an owner-occupant; a freshly turned 2-bedroom unit that could also make a fantastic owner-occupied space; and a 1-bedroom unit currently leased for $1,000/month through 5/31/26. All units have solid rental histories and a current rental license in place. Tenants enjoy comfortable living spaces, ample off-street parking, and shared access to a full basement with laundry, accessible via a secure, coded exterior door—an uncommon and valuable amenity in this area. Whether you're looking to expand your investment portfolio or explore a smart house-hacking opportunity, this property checks all the boxes. Schedule your tour today!

Listing Agent

Jordan Decaro

RE/MAX Results Listed on: 06/09/2025

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,383

Year Built

  • Built in 1905

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140

Parking

  • No Garage

Home Design

  • Triplex
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement
  • Laundry in Basement

Utilities

  • Boiler Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 010-1480-08130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,383

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: E on 4th St to 1511 E 4th St
  • L O1 Office Phone1 Number: 218-722-2811
  • List Price/ Sq Ft: 87.16
  • Taxes With Assessments: 4412
  • Tax Year: 2025
  • Lot Description Waterfront: No
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 3012
  • Below Grade Finished Sq Ft: 1232
  • Garage Type: None
  • Heat: Boiler, Natural Gas
  • Laundry: Basement
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 6
  • MediaType: Triplex
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Material: Stone
  • Basement Style: Full
  • Stories: 3 Story
  • Total Bathrooms: 3
  • Total Fin Square Footage: 4244

Exterior Features

  • Exterior: Wood

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Duluth #709
  • Junior High Dist: Duluth #709

Lot Info

  • Geo Update Timestamp: 2025-06-09
  • Estimated Lot Dimensions: 50x140
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-1480-08130

Rental Info

  • Lease Terms: Cash, Conventional
  • Tenant Expense: Internet Service

Tax Info

  • Tax Amount: 4383

Map

Range of Values:

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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 Change Sq Ft Price
06/09/2025 06/09/25 For Sale $369,900 +15.1% $87 / Sq Ft
11/04/2022 11/04/22 Sold $321,500 +7.2% $76 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/29/2022 08/29/22 For Sale $299,900 +68.5% $71 / Sq Ft
09/22/2014 09/22/14 Sold $178,000 -8.7% $42 / Sq Ft
07/11/2014 07/11/14 Pending -- -- --
02/25/2014 02/25/14 For Sale $194,900 -- $46 / Sq Ft
Source: Lake Superior Area REALTORS®

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Source: Lake Superior Area REALTORS®

MLS Number: 6119942