$1,390,000

231 N Central Ave Duluth, MN 55807

Cody Neighborhood

Estimated payment $8,544/month

2 Beds
7 Baths
120,257 Sq Ft
$12 Price per Sq Ft

About This Home

Exceptional Mixed-Use Investment Property. Rare opportunity to own a versatile commercial/residential building, located next to a high traffic regional grocery store in the thriving West Duluth Business District. Property is located next to bars/restaurants, movie theater, grocery store, liquor store, gas stations, and more. This expansive residential unit offers generous living areas and includes a private racquetball court, full size indoor swimming pool, bar/pool table and steam room. The flexible layout provides excellent potential for owner-occupancy, long-term rental, or lucrative short-term rental income. The residential space comes complete with heated indoor parking garage, private residential elevator, two kitchens, 3 large sun decks, and a fireplace. The commercial unit is currently utilized as a laundromat, but the space lends itself to a variety of retail, franchise, or office options. Seller is open to leaving laundry machines or removing them based on buyers needs. Whether you're looking to expand your portfolio or create a live/work investment property opportunity

Listing Agent

Gary Olson

EasyLiving LLC Brokerage Phone: Listed on: 03/10/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1991

Parking

  • 2

Home Design

  • Flat Roof Shape
  • Rubber Roof

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 10-4470-02880 and 010-4470-02710

Property Details

Home Type

Multi-Family

Year Built

Built in 1991

Lot Details

0.43 Acres

Parking

2

Listing Details

  • Directions: 232 N Central Ave
  • Tax Year: 2025
  • View Type:Pond View: Typical
  • Reso Roof: Flat, Rubber
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Wall Oven, Washer

Utilities

  • Sewer: Public Sewer

Lot Info

  • Parcel Number: 10-4470-02880 and 010-4470-02710

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2026 03/10/26 For Sale $1,390,000 -- $12 / Sq Ft
Source: Lake Superior Area REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $736,696 Commercial Partners Title
Special Warranty Deed $736,696 Commercial Partners Title
Warranty Deed $736,696 Commercial Partners Title
Warranty Deed $858,257 First American Title Insuran
Limited Warranty Deed -- None Available
Deed $1,428,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $589,356 New Conventional
Closed $589,356 New Conventional
Source: Public Records

Source: Lake Superior Area REALTORS®

MLS Number: 6123952

APN: 010447003040

Minnesota St Louis County Duluth 55807 Cody

231 N Central Ave, Duluth, MN

For Sale

MultiFamily

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Listing Agent
Gary Olson
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EasyLiving LLC
(218) 587-6329
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