$495,000

206 3rd St Carlton, MN 55718

Estimated payment $3,060/month

Total Views 9,545
6 Beds
5 Baths
4,030 Sq Ft
$123 Price per Sq Ft

Highlights

  • Public Water Access
  • City Lights View
  • Brick or Stone Mason

About This Home

Exceptional mixed-use investment opportunity in Carlton! This two-story brick building offers six income-producing units, including two commercial storefronts and four residential apartments. Positioned on Main Street with high visibility and a strong traffic count, the property enjoys a central location in the heart of town and is just two blocks from the local bike trail. The upper residential units have access to a second-story rear deck, while off-street parking provides added convenience for tenants and visitors. A washer and dryer serves the two upper-level apartments. Situated on two lots, this property combines historic character with practical amenities and a diversified income stream. Whether you're expanding an existing portfolio or seeking your next investment property, this well-cared-for asset offers strong appeal and lasting value. Schedule a personal tour today!

Listing Agent

Ronald Tondryk

Coldwell Banker Realty - Duluth Brokerage Phone: Listed on: 06/24/2026

Coldwell Banker Realty - Duluth

Co-Listing Agent

Des Barkos

Coldwell Banker Realty - Duluth Brokerage Phone: License #MN 40588633

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,946

Year Built

  • Built in 1930

Home Design

  • Brick or Stone Mason
  • Poured Concrete
  • Rubber Roof

Interior Spaces

  • 2-Story Property
  • City Lights Views
  • Laundry on upper level

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Parking

  • No Garage
  • Off-Street Parking

Outdoor Features

  • Public Water Access

Community Details

  • 6 Units
  • Laundry Facilities

Listing and Financial Details

  • The owner pays for fuel, lawn care, snow removal, trash collection, water, sewer
  • Assessor Parcel Number 15-010-2140 and 15-010-2160

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,946

Year Built

Built in 1930

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Directions: I-35 to Hwy 45 south to Carlton
  • Tax Year: 2026
  • View Type:Pond View: City Lights
  • Reso Roof: Rubber
  • Year Built: 1930
  • Property Sub Type: Multi-Family 5+
  • Property Type: Residential Income
  • LotSizeAcres: 0.08
  • Lot Size: 75x50
  • Co List Office Mls Id: LSA31718
  • Co List Office Phone: 218-728-5161
  • Co List Office Mls Id: LSA31718
  • Above Grade Finished Sq Ft: 3282
  • Living Area: 4030
  • LSA_Foreclosure: No
  • LSA_Auction: No
  • LSA_ManagementCompany: ***
  • LSA_LeasedLand: Owned
  • LSA_CondoType: Up & Down
  • Special Features: None

Interior Features

  • Owner Pays: Fuel, Lawn Care, Snow Removal, Trash Collection, Water, Sewer
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 748
  • Stories: 2

Exterior Features

  • Construction Type: Brick
  • Foundation Details: Poured Concrete

Garage/Parking

  • Parking Features: Off Street
  • LSA_GarageType: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: 2nd Floor, Share
  • Water Source: City

Schools

  • Junior High Dist: Carlton #93

Lot Info

  • Development Status: Previously Owned
  • Parcel Number: 15-010-2140 and 15-010-2160
  • Land Lease Expiration Date: 2026-10-24

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 3946

Map

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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 $3,826 $239,200 $10,200 $229,000
2024 $3,826 $237,000 $10,200 $226,800
2023 $3,964 $237,000 $10,200 $226,800
2022 $4,546 $237,000 $10,200 $226,800
2021 $3,584 $193,400 $10,200 $183,200
2020 $3,628 $150,100 $9,000 $141,100
2019 $3,600 $149,000 $9,000 $140,000
2018 $3,450 $147,600 $9,000 $138,600
2017 $4,000 $147,600 $9,000 $138,600
2016 $3,854 $147,600 $9,000 $138,600
2015 $3,940 $138,700 $9,000 $129,700
2014 -- $138,700 $9,000 $129,700
2013 -- $138,700 $9,000 $129,700
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
06/24/2026 06/24/26 For Sale $495,000 -- $123 / Sq Ft
Source: Lake Superior Area REALTORS®

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 Type Sale Price Title Company
Warranty Deed -- --
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 Loan Amount Loan Type
Open $200,000 New Conventional
Closed $200,000 Credit Line Revolving
Closed $95,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $116,250 Commercial
Previous Owner $52,500 Future Advance Clause Open End Mortgage
Previous Owner $48,691 Future Advance Clause Open End Mortgage
Previous Owner $24,000 Future Advance Clause Open End Mortgage
Previous Owner $132,500 Future Advance Clause Open End Mortgage
Previous Owner $132,500 Commercial
Previous Owner $153,000 Future Advance Clause Open End Mortgage
Previous Owner $28,000 Future Advance Clause Open End Mortgage
Previous Owner $90,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Lake Superior Area REALTORS®

MLS Number: 6126326

APN: 15-010-2140

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