$245,000
SOLD JUL 16, 2024

2502 W 2nd St Duluth, MN 55806

Lincoln Park Neighborhood
7 Beds
2 Baths
2,496 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$98 Per Sq Ft

9% Above List Price

Highlights

  • Corner Lot
  • Fenced Yard
  • 5-minute walk to Lincoln Park
  • No HOA

About This Home

As of July 2024

Rare Craft District well maintained brick up/down duplex! All of the restaurants, cider houses, and breweries are just a few blocks away in walking distance but enough separation to still be in a residential setting. This is a great opportunity with a 4 bedroom unit upstairs & a 3 bedroom unit on the main level. Both units currently rented to established tenants on month to month leases meaning you could purchase as an investment property and continue with immediate income or purchase as an owner occupied duplex and subsidize your mortgage living very inexpensively. Numerous updates have been done including new roof (2021), on demand combo boiler/hot water heater (2021), brick tuckpointing, new fences, unit 1 kitchen remodel, unit 2 hardwood floors refinished, and many plumbing and electrical improvements. Such a great price for the ability to live inexpensively in a market where its almost impossible to find these opportunities. 24 hour notice required for showings...get yours scheduled today!

Last Agent to Sell the Property

Brian Rud

Messina & Associates Real Estate Listed on: 06/13/2024

Last Buyer's Agent

Mike Raivala

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,194

Year Built

  • Built in 1920

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 41 x 50
  • Fenced Yard
  • Corner Lot

Parking

  • No Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Concrete Foundation
  • Poured Concrete
  • Wood Frame Construction

Interior Spaces

  • 2,496 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Bathrooms

Utilities

  • Boiler Heating System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electric, internet service
  • Assessor Parcel Number 010-1140-02070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,194

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: On the corner of N 25th Ave W and W 2nd St.
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 98.16
  • Tax Year: 2024
  • Lot Description Waterfront: No
  • Amenities Exterior: Fenced Yard - Full
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2496
  • Garage Type: None
  • Heat: Boiler
  • TotalBedrooms: 7
  • MediaType: Duplex
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Material: Concrete Block, Poured Concrete
  • Basement Style: Full
  • Stories: 2 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2496

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Brick

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Duluth #709
  • Junior High Dist: Duluth #709

Lot Info

  • Geo Update Timestamp: 2024-06-13
  • Estimated Lot Dimensions: 41 x 50
  • Estimated Number of Acres: 0.05
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot
  • Parcel Number: 010-1140-02070

Rental Info

  • Lease Terms: Cash, Conventional
  • Tenant Expense: Cable TV, Electric, Internet Service

Tax Info

  • Tax Amount: 3194

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Range of Values:

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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 Change Sq Ft Price
07/16/2024 07/16/24 Sold $245,000 +8.9% $98 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $224,900 +60.8% $90 / Sq Ft
03/12/2019 03/12/19 Sold $139,900 0.0% $56 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $139,900 +3.6% $56 / Sq Ft
05/01/2018 05/01/18 Sold $135,000 0.0% $36 / Sq Ft
03/20/2018 03/20/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $135,000 +27.4% $36 / Sq Ft
09/19/2014 09/19/14 Sold $106,000 -3.6% $42 / Sq Ft
09/18/2014 09/18/14 Pending -- -- --
07/14/2014 07/14/14 For Sale $110,000 -- $44 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Brian Rud

    Messina & Associates Real Estate

    (218) 340-5412

    7 in this area

    216 Total Sales

    Brian Rud
    Section Image
  • Mike Raivala

    Buyer's Agent in 2024

    Mike Raivala

    RE/MAX

    (218) 591-6453

    7 in this area

    324 Total Sales

    Mike Raivala
    Section Image
  • Tricia Kroening

    Seller's Agent in 2019

    Tricia Kroening

    RE/MAX

    (218) 393-5900

    2 in this area

    158 Total Sales

    Tricia Kroening
    Section Image

  • N

    Buyer's Agent in 2019

    Nick Sunsdahl

    Edina Realty, Inc. - Duluth

  • T

    Seller's Agent in 2018

    Tom Henderson

    RE/MAX

    (218) 393-1309

    1 in this area

    148 Total Sales

    Tom Henderson
    Section Image

  • M

    Seller's Agent in 2014

    Mike Peller

    Gables & Ivy Real Estate

See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6114263

Minnesota St Louis County Duluth 55806 Lincoln Park

2502 W 2nd St, Duluth, MN

This home is located at 2502 W 2nd St, Duluth, MN 55806 and is currently priced at $245,000, approximately $98 per square foot. This property was built in 1920. 2502 W 2nd St is a home located in St. Louis County with nearby schools including Lincoln Park Middle School, Denfeld High School, and Harbor City International School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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