232 N Central Ave Duluth, MN 55807
Denfeld NeighborhoodEstimated payment $6,123/month
Highlights
- Heated In Ground Pool
- 1 Car Attached Garage
- Heated Garage
- Corner Lot
- Forced Air Heating System
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,298
Year Built
- Built in 1991
Lot Details
- Lot Dimensions are 50x300
- Corner Lot
Parking
- 1 Car Attached Garage
- Heated Garage
- On-Street Parking
- Parking Lot
Home Design
- Flat Roof Shape
- Rubber Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Partially Finished Basement
Additional Features
- Accessible Elevator Installed
- Heated In Ground Pool
- Forced Air Heating System
Community Details
Overview
- 3 Units
- West Duluth 1St Div Subdivision
Recreation
- Community Indoor Pool
Map
Home Values in the Area
Average Home Value in this Area
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 | $11,028 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/11/2026 03/11/26 | For Sale | $999,999 | -- | $104 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Contract Of Sale | $650,000 | -- | |
| Contract Of Sale | $650,000 | -- |
Source: NorthstarMLS
MLS Number: 7034538
APN: 010447002880
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Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.