2417 Vermilion Rd Duluth, MN 55803
Woodland NeighborhoodEstimated payment $3,315/month
Highlights
- Public Water Access
- Congdon Elementary School Rated A-
- Laundry Facilities
About This Home
High-Capacity Duplex with Exceptional Income Potential in Excellent Condition Welcome to 2417 Vermilion Rd—an impressive duplex offering spacious layouts and outstanding rental potential. With identical units, this property is ideal for investors seeking consistency and strong occupancy appeal. Each unit features 5 bedrooms and 2 full bathrooms, providing ample space for tenants and maximizing rental income. The open-concept living area flows seamlessly into the kitchen, creating a functional and inviting space for everyday living and gathering. Both units mirror each other in layout and design, making management straightforward and efficient. Shared laundry is conveniently located in the basement, and the tuck-under garage offers excellent storage space for the owner or landlord. The duplex is equipped with electric heat and an air exchanger, supporting efficiency and year-round comfort. With plenty of off-street parking, this property becomes even more attractive—when paired with the neighboring single family rental at 2425 Vermilion Rd, offering a unique opportunity to expand your investment portfolio side-by-side. With plenty of off-street parking and large unit sizes that are hard to find, this property stands out as a high-performing investment opportunity. Spacious, functional, and income-generating—this is a property you don’t want to miss. ***THIS PROPERTY MUST BE PURCHASED WITH 2425 Vermilion Rd***
Listing Agent
RE/MAX Results Brokerage Phone: License #MN 40762684 Listed on: 03/23/2026
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,370
Year Built
- Built in 2003
Parking
- Tuck Under Garage
- Off-Street Parking
Home Design
- Concrete Foundation
- Vinyl Construction Material
Interior Spaces
- 2,912 Sq Ft Home
- 2-Story Property
- Laundry in Basement
- Dishwasher
Bedrooms and Bathrooms
- 10 Bedrooms
- 4 Bathrooms
Outdoor Features
- Public Water Access
Community Details
- 2 Units
- Laundry Facilities
Listing and Financial Details
- The owner pays for janitorial service, lawn care, repairs
- Assessor Parcel Number 010-3870-00160
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $7,404 | $422,000 | $69,200 | $352,800 |
| 2023 | $7,078 | $266,600 | $54,600 | $212,000 |
| 2022 | $4,620 | $231,100 | $47,400 | $183,700 |
| 2021 | $3,826 | $197,500 | $40,700 | $156,800 |
| 2020 | $3,938 | $193,700 | $39,900 | $153,800 |
| 2019 | $5,454 | $193,700 | $39,900 | $153,800 |
| 2018 | $5,046 | $270,900 | $40,700 | $230,200 |
| 2017 | $4,722 | $266,500 | $40,400 | $226,100 |
| 2016 | $4,410 | $0 | $0 | $0 |
| 2015 | $3,909 | $239,900 | $41,500 | $198,400 |
| 2014 | $3,909 | $207,800 | $9,100 | $198,700 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/23/2026 03/23/26 | For Sale | $500,000 | 0.0% | $172 / Sq Ft |
| 02/10/2025 02/10/25 | Off Market | -- | -- | -- |
| 01/12/2025 01/12/25 | For Rent | -- | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $44,000 | A A | |
| Warranty Deed | $38,000 | Arrowhead Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $115,983 | Commercial | |
| Closed | $175,000 | Commercial |
Source: Lake Superior Area REALTORS®
MLS Number: 6124160
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Ask me questions while you tour the home.