NOT LISTED FOR SALE

1905 E Superior St Duluth, MN 55812

Endion Neighborhood
10 Beds
6 Baths
4,232 Sq Ft
4,792 Sq Ft Lot

Last Sold July 10, 2024

Last sale price $465,000 $110 Per Sq Ft

2 Days on Market

Highlights

  • No HOA
  • Lower Floor Utility Room
  • Coin Laundry
  • Congdon Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of July 2024

Centrally located in the prime East End area, this 6-unit building presents a lucrative investment opportunity for investors. Five of the six units are already rented, offering immediate income generation. With some sweat equity, the vacant unit can be upgraded to enhance its value further. The property features coin-operated laundry, ensuring additional income streams. Tenants are responsible for electric and trash, while the owner covers water, sewer, and gas expenses. Situated within walking distance to colleges, on a bus line, and close to Lake Superior, Lakewalk, and Downtown, this property boasts excellent rental potential and convenience. Don't miss the chance to expand your rental portfolio with this rare find!

Last Agent to Sell the Property

Jordan Decaro

RE/MAX Results Listed on: 04/09/2024

RE/MAX Results

Last Buyer's Agent

Jordan Decaro

RE/MAX Results Listed on: 04/09/2024

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,078

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x97

Parking

  • No Garage

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Slate

Interior Spaces

  • 4,232 Sq Ft Home
  • 3-Story Property
  • Lower Floor Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, trash
  • Assessor Parcel Number 010-1480-02160

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,078

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: 21st Ave E, turn right on Superior St, property will be on your right.
  • InternetOptions: Cable
  • L O1 Office Phone1 Number: 218-722-2811
  • Tax Year: 2024
  • Lot Description Waterfront: No
  • Appliances 1: Refrigerator, Range/Stove
  • Appliances 2: Refrigerator, Range/Stove
  • Appliances 4: Refrigerator, Range/Stove
  • CondoPropertyType: Side by Side
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 4232
  • Garage Type: None
  • Heat: Forced Air, Natural Gas, Electric
  • Laundry: Coin Operated Owned
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 10
  • MediaType: 5-10 Units
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances 3: Refrigerator, Range/Stove
  • Basement Features: Unfinished, Utility Room
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Stories: 3 Story
  • Total Bathrooms: 6
  • Total Fin Square Footage: 4232

Exterior Features

  • Road Frontage: City
  • Exterior: Slate

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 50X97
  • Estimated Number of Acres: 0.11
  • Cultivated Acreage: LSAR
  • Geo Match Code: 3
  • Parcel Number: 010-1480-02160

Rental Info

  • Lease Terms: Cash, Conventional
  • Tenant Expense: Electric, Trash

Tax Info

  • Tax Amount: 7078
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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 Prior Sale
07/10/2024 07/10/24 Sold $465,000 -2.1% $110 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $474,900 +120.9% $112 / Sq Ft
04/15/2016 04/15/16 Sold $215,000 -4.4% $51 / Sq Ft View Prior Sale
03/01/2016 03/01/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $225,000 -- $53 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $7,010 $419,600 $21,700 $397,900
2023 $7,010 $410,800 $21,200 $389,600
2022 $7,078 $324,300 $21,200 $303,100
2021 $6,322 $302,700 $16,700 $286,000
2020 $6,508 $322,100 $63,000 $259,100
2019 $5,378 $322,100 $63,000 $259,100
2018 $5,058 $268,400 $52,500 $215,900
2017 $5,044 $268,400 $52,500 $215,900
2016 $4,918 $146,000 $11,400 $134,600
2015 -- $269,000 $26,500 $242,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6113026