NOT LISTED FOR SALE
21 Beds
14 Baths
18,816 Sq Ft
0.45 Acres

Last Sold June 28, 2024

Last sale price $1,390,000 $74 Per Sq Ft

6 Days on Market

Highlights

  • Multiple Garages
  • Lake View
  • No HOA
  • Congdon Elementary School Rated A-
  • 0.45 Acre Lot
  • 3-minute walk to Heritage Garden

About This Home

As of June 2024

Calling all investors! This East Duluth 14-unit apartment building has been fully renovated and ready for it's next owner. All common areas, apartments, and garage stalls have been given a complete make over. With over 15k a month in rents, this place doesn't mess around. Some other key features include tenants paying electric, 12 garage parking spaces, a storage locker for each tenant, and a large back patio deck! Take a look for yourself before it's gone!

Last Agent to Sell the Property

Aiden Bachand

RE/MAX Results Listed on: 05/29/2024

Last Buyer's Agent

Justin May

Messina & Associates Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,963

Year Built

  • Built in 1964

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 150 x 135

Parking

  • 12 Car Attached Garage
  • Multiple Garages
  • Tuck Under Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof

Interior Spaces

  • 3-Story Property
  • Lower Floor Utility Room
  • Lake Views

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 14 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Shared Basement
  • Laundry in Basement
  • Basement Storage

Outdoor Features

  • Patio

Utilities

  • Boiler Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electric
  • Assessor Parcel Number 010-1480-02680

Community Details

Overview

  • No Home Owners Association
  • 14 Units

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,963

Year Built

Built in 1964

Lot Details

0

Parking

12

Listing Details

  • Class: MULTI-FAMILY
  • Directions: Take a left from N 19th Street onto E 2nd Street, building will be on the right hand side. Can either park on street or in back, but don't block garage stalls.
  • L O1 Office Phone1 Number: 715-394-6637
  • Tax Year: 2024
  • View Type:Pond View: Lake Superior
  • Lot Description Waterfront: No
  • CondoPropertyType: Other
  • Mfg And Park Info Construction Type: Brick
  • FinFootageAboveGrade: 14112
  • Below Grade Finished Sq Ft: 4704
  • F I R E P L A C E2: No
  • Upper Level Totals:Fireplace3: No
  • Garage Type: Attached, Multiple, Shared/Stall, Tuckunder
  • Heat: Boiler, Natural Gas
  • Laundry: Basement, Coin Operated Owned
  • Parking Number Garage Spaces: 12
  • Reso Roof: Flat, Rubber
  • TotalBedrooms: 21
  • MediaType: Multi-Family
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Finished, Walkout, Shared Access, Storage, Utility Room
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Unit Features:Fireplace4: No
  • Stories: 3 Story
  • Total Bathrooms: 14
  • Total Fin Square Footage: 18816

Exterior Features

  • Road Frontage: City
  • Exterior: Brick

Garage/Parking

  • Parking Driveway: Driveway - Asphalt, Off Street, Street
  • Garage Features: Slab

Utilities

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

Condo/Co-op/Association

  • Shared: Patio
  • Association Fee: No

Association/Amenities

  • AmenitiesFireplace1: No

Schools

  • Junior High Dist: Superior (WI) #5663

Lot Info

  • Estimated Lot Dimensions: 150 x 135
  • Estimated Number of Acres: 0.45
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-1480-02680

Rental Info

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

Tax Info

  • Tax Amount: 22963
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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
06/28/2024 06/28/24 Sold $1,390,000 -2.5% $74 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $1,425,000 -- $76 / 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 $22,684 $1,358,000 $37,900 $1,320,100
2023 $22,684 $1,331,100 $37,100 $1,294,000
2022 $22,936 $1,343,100 $47,400 $1,295,700
2021 $19,126 $1,052,500 $37,200 $1,015,300
2020 $17,858 $974,500 $170,300 $804,200
2019 $18,672 $883,800 $155,700 $728,100
2018 $15,838 $883,800 $155,700 $728,100
2017 $15,798 $840,500 $147,000 $693,500
2016 $15,200 $221,600 $24,300 $197,300
2015 $11,675 $831,500 $65,000 $766,500
2014 $11,675 $623,600 $20,800 $602,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6113933