NOT LISTED FOR SALE
5 Beds
3 Baths
2,250 Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: December 29, 2025

Last sale price $245,000 $109 Per Sq Ft

5 Days on Market

Highlights

  • Deck
  • Front Porch
  • Forced Air Heating System
  • Corner Lot

About This Home

As of December 2025

Cash flowing triplex. Full occupancy, great location close to downtown. 2 BR's, 1 bath in the middle and upper unit. 1BR in the lower unit. Middle unit has a large pantry that is big enough for a 3rd bedroom. Water Heater was new in 2021. The upper unit has a deck off the back and the middle unit has a front porch. The lower unit has a front sitting area as well. Tenants pay electric. Up the hill a bit so some views of the lake and harbor area. Rents total $41,400 per year - Upper unit $1,200, Middle unit $1,300 and Lower unit is $950/month. Total 2024 expenses = $15,481. Don't miss this great investment opportunity or great for an owner occupant. Financials listed are for the current tenants moving forward. See supplements for previous years P/L - lots of deferred maintenance completed on the building in this owners tenure. 1 water heater for lower level unit and 1 for the middle and upper units. 1 forced air furnace and lower level unit has a supplemental source. No laundry on site. Unit 1 & 2 pay electric, unit 3 is on the house meter. Tenants handle snow removal. Owner handles lawn.

Last Agent to Sell the Property

David Meyer

RE/MAX Advantage Plus Listed on: 12/09/2025

RE/MAX Advantage Plus

Co-Listed By

Paul Docauer

RE/MAX Advantage Plus

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,528

Year Built

  • Built in 1884

Lot Details

  • Lot Dimensions are 25x140x25x140
  • Corner Lot
  • Few Trees

Home Design

  • Triplex

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Basement Window Egress

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Front Porch

Utilities

  • Forced Air Heating System

Community Details

  • 3 Units
  • Duluth Proper 1St Div East 6Th Street Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, telephone
  • The owner pays for gas, heat, repairs, sewer, trash collection, water
  • Assessor Parcel Number 010103000340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,528

Year Built

Built in 1884

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1884
  • Above Grade Finished Sq Ft: 1800
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Egress Window(s), Finished
  • Living Area: 2250
  • Below Grade Finished Sq Ft: 450
  • Owner Pays: Gas, Heat, Repairs, Sewer, Trash Collection, Water
  • Basement YN: Yes
  • Appliances: Range, Refrigerator
  • Appliances: Range, Refrigerator
  • Appliances: Range, Refrigerator
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: None
  • PatioPorchType: Deck, Front Porch

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Duluth
  • SchoolDistrictPhone: 2183368700

Lot Info

  • Lot Size: 25x140x25x140
  • Land Lease: No
  • Lot Features: Corner Lot, Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Units Total: 3

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 010103000340
  • Tax Annual Amount: 3528
  • TaxWithAssessments: 3528

Multi Family

  • TenantPays: Cable TV, Electricity, Telephone
  • Number Of Refrigerators: Three

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2025
Closed on
Dec 29, 2025
Sold by
Bought by
Seller's Agent
David Meyer
RE/MAX Advantage Plus
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$225,000
Sold Price
$245,000
Premium/Discount to List
$20,000
8.89%
Views
9

Purchase Details

Listed on
Jul 19, 2021
Closed on
Dec 1, 2021
Sold by
Bought by
Seller's Agent
Korey Dropkin
RE/MAX Results
Buyer's Agent
David Meyer
RE/MAX Advantage Plus - Eagan
List Price
$184,999
Sold Price
$180,000
Premium/Discount to List
-$4,999
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%
Original Mortgage
$133,750
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 25, 2019
Closed on
Jan 17, 2020
Sold by
Bought by
Seller's Agent
Emily Miketin
Adolphson Real Estate
Buyer's Agent
Tommy Archer
Coldwell Banker Realty - Duluth
List Price
$99,900
Sold Price
$100,000
Premium/Discount to List
$100
0.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.48%
Original Mortgage
$129,000
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 29, 2013
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Buyer Sale Price Title Company
$245,000 First American Title
$180,000 Trademark Title
$100,000 Pioneer Abstract & Title
-- None Available
Source: Public Records

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 Borrower Loan Amount
Closed $133,750
Previous Owner $122,400
Previous Owner $129,000
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
12/29/2025 12/29/25 Sold $245,000 -2.0% $109 / Sq Ft
12/14/2025 12/14/25 Pending -- -- --
12/10/2025 12/10/25 Price Changed $250,000 +11.1% $111 / Sq Ft
12/09/2025 12/09/25 For Sale $225,000 +25.0% $100 / Sq Ft
12/07/2021 12/07/21 Sold $180,000 -2.7% $64 / Sq Ft View Prior Sale
09/20/2021 09/20/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $184,999 +85.0% $65 / Sq Ft
01/17/2020 01/17/20 Sold $100,000 +0.1% $40 / Sq Ft View Prior Sale
01/03/2020 01/03/20 Pending -- -- --
11/25/2019 11/25/19 For Sale $99,900 -- $40 / Sq Ft
Source: NorthstarMLS

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
2025 $3,730 $237,400 $13,800 $223,600
2024 $3,730 $209,500 $12,600 $196,900
2023 $3,528 $181,500 $15,000 $166,500
2022 $3,310 $167,000 $13,900 $153,100
2021 $2,790 $163,600 $12,900 $150,700
2020 $2,618 $140,900 $11,100 $129,800
2019 $1,760 $128,300 $10,100 $118,200
2018 $1,604 $128,300 $10,100 $118,200
2017 $852 $126,400 $10,100 $116,300
2016 $836 $139,200 $6,400 $132,800
2015 $852 $50,900 $3,000 $47,900
2014 $846 $50,900 $3,000 $47,900
Source: Public Records

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Map

Source: NorthstarMLS

MLS Number: 6824616

NorthstarMLS
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