2116 W 2nd St Duluth, MN 55806
Lincoln Park Neighborhood
4
Beds
2
Baths
4,352
Sq Ft
10,019
Sq Ft Lot
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
Parking
- 2 Car Garage
Home Design
- Triplex
- Flat Roof Shape
- Rubber Roof
Interior Spaces
- 4,352 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Additional Features
- Lot Dimensions are 188x60
- Boiler Heating System
Community Details
- 4 Units
- Duluth Proper Second Div Subdivision
Listing and Financial Details
- Assessor Parcel Number 010114000945
Similar Homes in Duluth, MN
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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
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 |
| 01/30/2025 01/30/25 | Pending | -- | -- | -- |
| 01/24/2025 01/24/25 | For Sale | $235,000 | -- | $54 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
Steve Braman
Seller's Agent in 2025
Steve Braman
RE/MAX
(218) 310-2590
5 in this area
376 Total Sales
-
gary - kalligher, -
g
Buyer's Agent in 2025
gary - kalligher, -
RE/MAX
2 in this area
25 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6652665
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