2116 W 2nd St Unit 2122 W 2nd St Duluth, MN 55806
Lincoln Park Neighborhood
4
Beds
3
Baths
4,352
Sq Ft
0.25
Acres
Highlights
- 0.25 Acre Lot
- Lower Floor Utility Room
- Brick or Stone Mason
- No HOA
- 2 Car Attached Garage
- Wood Siding
About This Home
As of March 2025Knock knock! Opportunity knocks in the rare Investment opportunity with this unique Commercial & Multi-Family property in a thriving Duluth Market! Seize the rare and lucrative investment in the heart of Duluth's craft district. It's not often you can buy two buildings for the price of one that has a potential GRI of over $60,000! This would be a versatile addition to any investors portfolio. The two buildings are connected through a rock-solid adjoining basement that has a distinct vault room, tall ceilings and endless possibilities! The commercial building can provide immediate cash flow as it's occupied by a long-term tenant who'd love to stay! The heated garage was built in 1997, and the roofs were last redone in 2014 ensuring long-term durability. The triplex boiler is 10 years old (currently off/winterized) but feature mostly new boiler and plumbing lines, as well as much of the electrical has been updated and upgraded throughout!! The main level triplex 2 BR apartment (owner occupied) is nearly ready to be rented while you creatively design and complete the upper two units just waiting for your finishing. This property presents a tremendous opportunity for a savvy investor or entrepreneur looking to capitalize on Duluth's growing market!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,735
Year Built
- Built in 1900
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 188 x 60
Parking
- 2 Car Attached Garage
- Heated Garage
- Insulated Garage
Home Design
- Flat Roof Shape
- Brick or Stone Mason
- Concrete Foundation
- Rubber Roof
- Wood Siding
- Concrete Block And Stucco Construction
Interior Spaces
- 4,352 Sq Ft Home
- 2-Story Property
- Lower Floor Utility Room
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Shared Basement
- Apartment Living Space in Basement
- Finished Basement Bathroom
- Basement Storage
Utilities
- Boiler Heating System
- Heating System Uses Natural Gas
- Cable TV Available
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 010-1140-00945
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2025 03/07/25 | Sold | $236,000 | +0.4% | $54 / Sq Ft |
| 01/29/2025 01/29/25 | Pending | -- | -- | -- |
| 01/24/2025 01/24/25 | For Sale | $235,000 | -- | $54 / Sq Ft |
Source: Lake Superior Area REALTORS®
Similar Homes in Duluth, MN
Source: Lake Superior Area REALTORS®
MLS Number: 6117616
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