$344,900
$5K PRICE DROP

520 7th Ave Two Harbors, MN 55616

Estimated payment $2,155/month

Total Views 5,773
3 Beds
2 Baths
1,249 Sq Ft
$276 Price per Sq Ft

About This Home

Welcome to your next great investment — or your next great home. This beautifully renovated, fully furnished 3-bedroom, 2-bathroom property nestled in the heart of downtown Two Harbors is as perfect for a growing family as it is for savvy investors. Active short-term rental properties in this beloved North Shore destination are incredibly rare, and finding one that is truly turnkey — furniture, décor, and everything in between already in place — is even rarer. Whether you're looking for a full-time residence, a vacation getaway that pays for itself, or a high-demand addition to your rental portfolio, you can start living or earning from day one. Burlington Bay Beach is just 2 blocks away and Agate Bay Beach and Lighthouse Point only 7 blocks to the south, with downtown shops and dining right outside the door and convenient off-street parking for you and your guests. However you choose to use it, this is the opportunity you've been waiting for on the shores of Lake Superior.

Listing Agent

Krystina Gillman

Kuschel Realty Group LLC Brokerage Phone: Listed on: 03/14/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,768

Year Built

  • Built in 1908

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 70x75

Parking

  • 1

Interior Spaces

  • 1-Story Property

Kitchen

  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 23-7661-36025

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,768

Year Built

Built in 1908

Lot Details

5,227 Sq Ft Lot

Parking

1

Listing Details

  • Directions: HWY 61 N to home on the right
  • Tax Year: 2025
  • Year Built: 1908
  • Property Sub Type: Single Family Detached
  • Property Type: Residential
  • Lot Size: 70x75
  • Road Frontage Type: City Street
  • Co List Office Mls Id: LSA31897
  • Above Grade Finished Sq Ft: 1249
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 74
  • Stories: 1

Exterior Features

  • Disclosures: Other Disclosures, Disc./Condition Report, LBP Disclosure
  • Construction Type: Slate
  • Foundation Details: Concrete

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Water Source: City

Schools

  • Junior High Dist: Lake Superior #381

Lot Info

  • Development Status: Previously Owned
  • Parcel Number: 23-7661-36025

Tax Info

  • Tax Annual Amount: 3768

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $3,768 $265,400 $26,400 $239,000
2024 $965 $272,700 $31,100 $241,600
2023 $934 $203,200 $28,200 $175,000
2022 $2,005 $178,300 $24,600 $153,700
2021 $1,444 $129,800 $24,600 $105,200
2020 $658 $44,000 $24,600 $19,400
2019 $678 $44,000 $24,600 $19,400
2018 $644 $89,100 $24,600 $64,500
2017 $577 $87,800 $23,900 $63,900
2016 $489 $87,900 $23,900 $64,000
2015 $520 $81,500 $21,700 $59,800
2014 $520 $0 $0 $0
2013 $332 $0 $0 $0
2012 $353 $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2026 04/13/26 Price Changed $344,900 -1.4% $276 / Sq Ft
03/14/2026 03/14/26 For Sale $349,900 +27.2% $280 / Sq Ft
01/03/2024 01/03/24 Sold $275,000 0.0% $204 / Sq Ft View Prior Sale
12/01/2023 12/01/23 Pending -- -- --
11/12/2023 11/12/23 For Sale $275,000 +525.0% $204 / Sq Ft
03/02/2020 03/02/20 Sold $44,000 0.0% $38 / Sq Ft View Prior Sale
11/27/2019 11/27/19 Pending -- -- --
07/16/2019 07/16/19 For Sale $44,000 -- $38 / Sq Ft
Source: Lake Superior Area REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $275,000 --
Warranty Deed $161,000 None Available
Deed $44,000 --
Deed $128,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $220,000 New Conventional
Previous Owner $128,800 Stand Alone Refi Refinance Of Original Loan
Previous Owner -- No Value Available
Closed $96,600 No Value Available
Source: Public Records

Source: Lake Superior Area REALTORS®

MLS Number: 6124043

APN: 23-7642-36025

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