1511 E 4th St Duluth, MN 55812
Endion NeighborhoodEstimated payment $2,375/month
About This Home
This well-maintained triplex offers an outstanding investment opportunity in a highly desirable location near local colleges, medical centers, downtown amenities, and major employment hubs. Featuring three licensed rental units, the property provides strong income potential, flexibility, and long-term rental appeal. Unit 1 is currently vacant and being marketed for rent at $1,600 per month with the owner paying utilities, offering an excellent opportunity to secure a new tenant at market rent or occupy the unit yourself. Unit 2 is leased at $1,300 per month through July 30, 2027, providing stable long-term income. Unit 3 is currently vacant and being marketed for rent at $1,200 per month with all utilities included, creating additional upside for future cash flow. All three units have solid rental histories, and the property maintains a current rental license. Tenants enjoy comfortable living spaces, ample off-street parking, and shared access to a full basement with laundry facilities accessible through a secure coded exterior entrance—an uncommon and highly desirable amenity for rental properties in this area. Whether you're looking to expand your investment portfolio, occupy one unit while generating income from the others, or secure a versatile multi-family property in a strong rental market, this triplex checks all the boxes. With two vacant units offering immediate leasing or owner-occupancy opportunities and one unit providing stable income through 2027, this property presents an attractive combination of flexibility and investment potential. Schedule your showing today!
Listing Agent
RE/MAX Results Brokerage Phone: License #MN 40286367|WI 79981-94 Listed on: 06/08/2026
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,766
Year Built
- Built in 1905
Parking
- No Garage
Home Design
- Stone Foundation
- Wood Siding
Interior Spaces
- 3-Story Property
- Laundry in Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Outdoor Features
- Public Water Access
Community Details
- 3 Units
Listing and Financial Details
- The owner pays for electricity, fuel, lawn care, snow removal, trash collection, water, sewer
- Assessor Parcel Number 010-1480-08130
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 | $4,800 | $262,400 | $25,300 | $237,100 |
| 2023 | $4,412 | $236,200 | $29,800 | $206,400 |
| 2022 | $3,678 | $221,900 | $28,100 | $193,800 |
| 2021 | $3,330 | $236,700 | $23,500 | $213,200 |
| 2020 | $2,820 | $220,900 | $21,900 | $199,000 |
| 2019 | $2,588 | $187,000 | $18,600 | $168,400 |
| 2018 | $2,236 | $175,000 | $18,600 | $156,400 |
| 2017 | $2,404 | $164,400 | $17,500 | $146,900 |
| 2016 | $2,350 | $8,100 | $8,100 | $0 |
| 2015 | $3,285 | $153,000 | $16,000 | $137,000 |
| 2014 | $3,285 | $174,500 | $18,200 | $156,300 |
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 |
|---|---|---|---|---|---|
| 06/08/2026 06/08/26 | For Sale | $359,900 | +11.9% | $85 / Sq Ft | |
| 11/04/2022 11/04/22 | Sold | $321,500 | +7.2% | $76 / Sq Ft | View Prior Sale |
| 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 | View Prior Sale |
| 07/11/2014 07/11/14 | Pending | -- | -- | -- | |
| 02/25/2014 02/25/14 | For Sale | $194,900 | -- | $46 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $321,500 | Results Title | |
| Warranty Deed | $178,000 | West Title Llc | |
| Warranty Deed | $157,500 | Pioneer Abstract & Title Of | |
| Warranty Deed | $140,000 | Ati Title Company |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $289,350 | New Conventional | |
| Previous Owner | $154,466 | VA | |
| Previous Owner | $178,000 | Commercial | |
| Previous Owner | $149,625 | Commercial | |
| Previous Owner | $98,100 | Commercial |
Source: Lake Superior Area REALTORS®
MLS Number: 6125910
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Ask me questions while you tour the home.