$399,900

2 and 4 S 16th Ave E Duluth, MN 55812

Endion Neighborhood

Estimated payment $2,559/month

6 Beds
4 Baths
2,872 Sq Ft
$139 Price per Sq Ft

Highlights

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

About This Home

Investor opportunity! This fully rented fourplex offers immediate income and strong cash flow potential, meeting the sought-after 1% rule for rental investments. Includes coin operated laundry for additional income.The property is structurally and mechanically sound, providing a solid foundation for value-add improvements. While it could use some cosmetic updates the major components are in place, allowing investors to build equity and maximize rental income with renovations. Whether you're expanding your portfolio or looking for your next value-add investment, this is a great opportunity to acquire a cash-flowing asset with significant upside.

Listing Agent

Adam Paulson

RE/MAX Results Brokerage Phone: Listed on: 07/17/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,238

Year Built

  • Built in 1891

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 50x70

Parking

  • No Garage

Home Design

  • 2,872 Sq Ft Home
  • Stone Foundation
  • Wood Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Public Water Access

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for fuel, repairs, water
  • Assessor Parcel Number 010-1460-04500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,238

Year Built

Built in 1891

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Directions: from freeway go northwest on 21st ave e to left on Superior st to property on left. property is on the corner of Superior st. and s 16th ave E
  • Tax Year: 2026
  • Year Built: 1891
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • LotSizeAcres: 0.08
  • Lot Size: 50x70
  • Co List Office Mls Id: LSA31196
  • Above Grade Finished Sq Ft: 2872
  • Living Area: 2872
  • LSA_Foreclosure: No
  • LSA_Auction: No
  • LSA_ManagementCompany: ***
  • LSA_LeasedLand: Owned
  • LSA_CondoType: Other
  • Special Features: None
  • Stories: 0

Interior Features

  • Owner Pays: Fuel, Repairs, Water
  • Total Bedrooms: 6

Exterior Features

  • Construction Type: Wood
  • Foundation Details: Stone

Garage/Parking

  • LSA_GarageType: None

Utilities

  • Sewer: Public Sewer
  • Water Source: City

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Parcel Number: 010-1460-04500
  • Land Lease Expiration Date: 2027-01-17

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5238

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
07/17/2026 07/17/26 For Sale $399,900 -- $139 / Sq Ft
Source: Lake Superior Area REALTORS®

Source: Lake Superior Area REALTORS®

MLS Number: 6126831

Minnesota St Louis County Duluth 55812 Endion

2 and 4 S 16th Ave E, Duluth, MN

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Listings courtesy of Lake Superior Area REALTORS® as distributed by MLS GRID

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Listing Agent
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RE/MAX Results
(218) 670-2922
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