$1,390,000
Total Views 454
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 theatre, 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, this distinctive offering delivers unmatched potential. You must see it to believe it.

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
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Lot Size: 50x300
  • Road Frontage Type: City Street
  • Co List Office Mls Id: LSA31192
  • Above Grade Finished Sq Ft: 118155
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Wall Oven, Washer
  • Owner Pays: Electricity, Fuel, Snow Removal, Trash Collection, Water, Sewer
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 2102

Exterior Features

  • Disclosures: Association Doc
  • Construction Type: Vinyl
  • Foundation Details: Poured Concrete

Garage/Parking

  • Parking Features: Off Street, On Street, Asphalt

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Coin Operated Owned, Share
  • Water Source: City

Schools

  • Junior High Dist: Duluth #709

Lot Info

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

Rental Info

  • Tenant Pays: None

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 10504

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Tax History

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
2024 $10,298 $497,000 $96,600 $400,400
2023 $10,298 $494,900 $96,600 $398,300
2022 $13,910 $494,900 $96,600 $398,300
2021 $13,606 $504,500 $80,300 $424,200
2020 $12,272 $504,500 $80,300 $424,200
2019 $12,280 $528,600 $79,000 $449,600
2018 $11,672 $528,600 $79,000 $449,600
2017 $12,384 $528,600 $79,000 $449,600
2016 $11,138 $528,600 $79,000 $449,600
2015 $11,493 $475,000 $38,400 $436,600
2014 $11,493 $475,000 $38,400 $436,600
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
Contract Of Sale $650,000 --
Contract Of Sale $650,000 --
Source: Public Records

Source: Lake Superior Area REALTORS®

MLS Number: 6123952

APN: 010447002880

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