NOT LISTED FOR SALE
8 Beds
4 Baths
3,940 Sq Ft
6,970 Sq Ft Lot

Last Sold July 29, 2022

Last sale price $483,000 $123 Per Sq Ft

2 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • 4-minute walk to Endion Park
  • Congdon Elementary School Rated A-
  • 3 Car Detached Garage

About This Home

As of July 2022

INVESTMENT OPPORTUNITY!! This licensed 4-Plex is near UMD. It is nestled on a large lot with a three car detached garage and offers off street parking. Two bedrooms (eight total in the complex) and one full bathroom in each unit. The bedrooms are spacious and there is ample natural light throughout all of the units. There is coin operated laundry in the basement of the building for tenant use. The landlord pays for gas, water, sewer, and common area electric. Tenants pay for their electric. Under the current rental agreement, the complex collects $4,150 in total monthly rent when 100% occupied.

Last Agent to Sell the Property

Michael Messina

Messina & Associates Real Estate Listed on: 06/27/2022

Last Buyer's Agent

Casey Carbert

Edmunds Company, LLP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,128

Year Built

  • Built in 1925

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Corner Lot

Parking

  • 3 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Metal Siding

Interior Spaces

  • 3,940 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Utilities

  • Boiler Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tenant pays for internet service, electric
  • Assessor Parcel Number 010-1480-07120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,128

Year Built

Built in 1925

Lot Details

0

Parking

3

Listing Details

  • Class: MULTI-FAMILY
  • Directions: On the corner of 15th Ave E & E 3rd St.
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 122.59
  • Tax Year: 2022
  • Lot Description Waterfront: No
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 3940
  • Garage Type: Detached
  • Heat: Boiler, Natural Gas
  • Parking Number Garage Spaces: 3
  • TotalBedrooms: 8
  • MediaType: Fourplex
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Material: Stone
  • Basement Style: Full
  • Stories: 2 Story
  • Total Bathrooms: 4
  • Total Fin Square Footage: 3940

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Metal

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Asphalt

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: 2022-06-27
  • Estimated Lot Dimensions: 50x140
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot
  • Parcel Number: 010-1480-07120

Rental Info

  • Tenant Expense: Internet Service, Electric

Tax Info

  • Tax Amount: 5128

Range of Values:

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List Price
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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
07/29/2022 07/29/22 Sold $483,000 -8.7% $123 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $529,000 -- $134 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6103834