$149,900
SOLD FEB 26, 2026
3 Beds
2 Baths
1,476 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: February 26, 2026

$102 Per Sq Ft

3% Below List Price

8 Days on Market

About This Home

As of February 2026

Investor opportunity with strong upside! This duplex offers immediate income with multiple paths to increased cash flow. The upper unit is currently rented at $800/month on a month-to-month lease, with the tenant paying electric. The lower unit is vacant and ready for cosmetic updates, making it an ideal opportunity for renovation. Utilities are split with two furnaces, two water heaters, and separate electric, helping keep operating expenses efficient. A large detached garage in the rear offers additional income potential or flexible storage options. The property includes two lots, providing added flexibility and future upside rarely found at this price point. This property also presents a strong owner-occupant opportunity, allowing a buyer to live in one unit while improving the property and offsetting expenses with rental income. With solid fundamentals, functional layouts, and clear value-add opportunities, this property is well suited for an investor looking to improve performance and maximize returns.

Last Agent to Sell the Property

Neal Jacobi

Heirloom Realty, LLC Brokerage Phone: License #MN 40724316 Listed on: 01/28/2026

Last Buyer's Agent

Ashlynn Loftis

Messina & Associates Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,501

Year Built

  • Built in 1910

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 140

Parking

  • 2

Home Design

  • 1,476 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 010-1820-00360/00350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,501

Year Built

Built in 1910

Lot Details

7,405 Sq Ft Lot

Parking

2

Listing Details

  • Directions: On 3rd St.
  • Tax Year: 2025
  • Year Built: 1910
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Lot Size: 50 x 140
  • Co List Office Mls Id: LSA30983
  • Above Grade Finished Sq Ft: 1476
  • Special Features: None
  • Stories: 0

Interior Features

  • Owner Pays: Fuel
  • Total Bedrooms: 3

Exterior Features

  • Construction Type: Vinyl
  • Foundation Details: Concrete

Utilities

  • Sewer: Public Sewer
  • Water Source: City

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Development Status: Previously Owned
  • Parcel Number: 010-1820-00360/00350

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1501
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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
02/26/2026 02/26/26 Sold $149,900 -3.2% $102 / Sq Ft
02/05/2026 02/05/26 Pending -- -- --
01/28/2026 01/28/26 For Sale $154,900 -- $105 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $1,530 $140,400 $15,800 $124,600
2023 $1,530 $127,600 $15,200 $112,400
2022 $1,262 $116,500 $13,900 $102,600
2021 $1,998 $100,500 $3,900 $96,600
2020 $1,862 $100,500 $3,900 $96,600
2019 $1,846 $90,900 $3,500 $87,400
2018 $1,910 $90,900 $3,500 $87,400
2017 $662 $90,900 $3,500 $87,400
2016 $652 $400 $400 $0
2015 $657 $38,800 $1,800 $37,000
2014 $657 $38,800 $1,800 $37,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6123449

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