$236,000
SOLD MAR 7, 2025

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

Recently Sold

$54 Per Sq Ft

5 Days on Market

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 2025

Knock 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!

Last Agent to Sell the Property

Steve Braman

RE/MAX Results Listed on: 01/24/2025

RE/MAX Results

Last Buyer's Agent

Gary Kalligher

RE/MAX Results

RE/MAX Results

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,735

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Class: MULTI-FAMILY
  • Directions: use gps
  • InternetOptions: Cable
  • L O1 Office Phone1 Number: 715-392-1111
  • List Price/ Sq Ft: 54.23
  • Taxes With Assessments: 3760
  • Tax Year: 2024
  • Lot Description Waterfront: No
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Concrete Block, Stone
  • FinFootageAboveGrade: 4352
  • Garage Type: Attached
  • Heat: Boiler, Natural Gas, Electric
  • Parking Number Garage Spaces: 2
  • Reso Roof: Flat, Rubber
  • TotalBedrooms: 4
  • MediaType: Multi-Family
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Unfinished, Walkout, Shared Access, Owner Access, Storage, Apartment, Bath, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Stories: 2 Story
  • Total Bathrooms: 3
  • Total Fin Square Footage: 4352

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Other, Wood

Garage/Parking

  • Garage Features: Heat, Insultation, Slab

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Association/Amenities

  • AmenitiesFireplace1: No

Schools

  • School District: Duluth #709
  • Junior High Dist: Duluth #709

Lot Info

  • Geo Update Timestamp: 2025-01-25
  • Estimated Lot Dimensions: 188 x 60
  • Estimated Number of Acres: 0.25
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-1140-00945

Rental Info

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

Tax Info

  • Tax Amount: 3735

Similar Homes in Duluth, MN

  • 2213 W 10th St, Duluth, MN 55806

    $240,000

    • 3 Beds
    • 2 Baths
    • 1,656 Sq Ft
    • 2213 W 10th St
    • Duluth, MN

    Up/down duplex in excellent condition, perfect for an investor or home owner occupant. The main floor has 1 large bedroom and features tall ceilings and hardwood floors. There is a full bathroom with new vanity and cabinet, and a nicely updated kitchen. Upstairs has two generous bedrooms (one does not have a closet) and a 3/4 bath. There is a seasonal view of the bay from the bigger bedroom.

    Leah Borgren RE/MAX Results

    Section Image
  • 2821 W 1st St, Duluth, MN 55806

    $240,000

    • 3 Beds
    • 2 Baths
    • 1,914 Sq Ft
    • 2821 W 1st St
    • Duluth, MN

    Great income earner, located in the up-and-coming Lincoln Park. This property has two parcels, two garages and is located in an Opportunity Zone. It has a rental license that can be transferred with the property. In April of this year the duplex had its water lines replaced through the city of Duluth. The roof was shingled in 2019. The upper unit has two bedrooms and one bath and is rented at

    Kristin Montgomery Montgomery Realty LLC

    Section Image
  • 3820 W 6th St, Duluth, MN 55807

    $254,900

    • 3 Beds
    • 2 Baths
    • 1,606 Sq Ft
    • 3820 W 6th St
    • Duluth, MN

    This well-maintained up/down duplex offers two spacious units—one 2-bed/1-bath on the main floor and a large 1-bed/1-bath unit upstairs with an office space and two walk-in closets. Each unit includes its own laundry and plenty of storage. Highlights include separate electricity for each unit, forced air heat, updated mechanicals, vinyl siding, a clean basement, and a newer roof. The oversized

    Kevin Kalligher RE/MAX Results

    Section Image
  • 328 S 57th Ave W, Duluth, MN 55807

    $230,000

    • 4 Beds
    • 2 Baths
    • 1,718 Sq Ft
    • 328 S 57th Ave W
    • Duluth, MN

    Fully occupied, investor opportunity! Up/down duplex, located where the avenue dead ends; no traffic and a fully fenced back yard. The main level unit, features 3 bedrooms, open living/dining, large kitchen, laundry hook-ups, side deck & front porch. The upper unit includes a large bedroom, living, kitchen, generous bath, washer/dryer & deck. New roof & gutters in 2022, high efficiency gas

    Sandra Nelson RE/MAX Results

    Section Image
See All Homes in Duluth

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steve Braman

    Seller's Agent in 2025

    Steve Braman

    RE/MAX

    (218) 310-2590

    5 in this area

    375 Total Sales

    Steve Braman
    Section Image
  • Gary Kalligher

    Buyer's Agent in 2025

    Gary Kalligher

    RE/MAX

    (218) 390-0615

    4 in this area

    85 Total Sales

    Gary Kalligher
    Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6117616

Minnesota St Louis County Duluth 55806 Lincoln Park

2116 W 2nd St Unit 2122 W 2nd St, Duluth, MN

This home is located at 2116 W 2nd St Unit 2122 W 2nd St, Duluth, MN 55806 and is currently priced at $236,000, approximately $54 per square foot. This property was built in 1900. 2116 W 2nd St Unit 2122 W 2nd St is a home located in St. Louis County with nearby schools including Lincoln Park Middle School, Denfeld High School, and Harbor City International School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes