$359,900

Estimated payment $2,341/month

Total Views 2,733
6 Beds
3 Baths
4,244 Sq Ft
$85 Price per Sq Ft

Highlights

  • Public Water Access
  • Wood Siding
  • 4-minute walk to Endion Park
  • Congdon Elementary School Rated A-

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

Jordan DeCaro

RE/MAX Results Brokerage Phone: License #MN 40286367|WI 79981-94 Listed on: 06/08/2026

RE/MAX Results

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,766

Year Built

Built in 1905

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Directions: E on 4th St to 1511 E 4th St
  • Tax Year: 2026
  • Reso Roof: Asphalt Shingle
  • Year Built: 1905
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • LotSizeAcres: 0.16
  • Lot Size: 50x140
  • Co List Office Mls Id: LSA31573
  • Above Grade Finished Sq Ft: 3012
  • Living Area: 4244
  • LSA_Foreclosure: No
  • LSA_Auction: No
  • LSA_ManagementCompany: ***
  • LSA_LeasedLand: Owned
  • LSA_CondoType: Up & Down
  • Special Features: None

Interior Features

  • Owner Pays: Electricity, Fuel, Lawn Care, Snow Removal, Trash Collection, Water, Sewer
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1232
  • Stories: 3

Exterior Features

  • Construction Type: Wood
  • Foundation Details: Stone

Garage/Parking

  • LSA_GarageType: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Water Source: City

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Parcel Number: 010-1480-08130

Rental Info

  • Tenant Pays: Internet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4766

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: Lake Superior Area REALTORS®

Source: Lake Superior Area REALTORS®

MLS Number: 6125910

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