$320,000

Estimated payment $1,937/month

5 Beds
3 Baths
1,600 Sq Ft
$200 Price per Sq Ft

About This Home

Turnkey, high-performing 3-unit investment opportunity in Duluth’s high-demand Central Hillside corridor! Grossing an impressive $3,400 per month, this uniquely structured multi-family property features two distinct buildings on a single parcel, offering unparalleled tenant privacy and an historically low vacancy rate. The front building is an exceptionally layout-efficient duplex consisting of a 1-bedroom, 1-bathroom unit and a 2-bedroom, 1-bathroom unit. The completely detached rear building features a private, single-family style 2-bedroom, 1-bathroom home (714 1/2). Savvy investors will appreciate the separated mechanics: all units boast completely split electric and gas meters, leaving the owner responsible only for water and sewer, a massive operational advantage through northern winters. An active, clean City of Duluth rental license is already in place for a seamless ownership transfer. Centrally located just minutes from the major medical district, downtown waterfront, and local universities. Start or add to your portfolio, or live in one unit and let the others pay your mortgage. Schedule your showing today and capitalize on immediate, proven cash flow! Being sold completely "as-is".

Listing Agent

Alec Erickson

Tim Collelo Realty, LLC Brokerage Phone: License #MN - 40994944 Listed on: 06/19/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,545

Year Built

  • Built in 1886

Parking

  • No Garage

Home Design

  • Triplex
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Laundry in Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Public Water Access
  • 6,970 Sq Ft Lot

Community Details

  • 3 Units
  • Gross Income $40,800

Listing and Financial Details

  • The owner pays for fuel, sewer, snow removal, trash collection, water
  • Assessor Parcel Number 010-3850-00950, 010-3850-00940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,545

Year Built

Built in 1886

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Directions: Head on N Sixth Ave E and turn on E Sixth St.
  • Tax Year: 2026
  • Year Built: 1886
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Lot Size: 6,969 sqft
  • Co List Office Mls Id: LSA232
  • Above Grade Finished Sq Ft: 1600
  • Special Features: None

Interior Features

  • Owner Pays: Fuel, Snow Removal, Trash Collection, Water, Sewer
  • Total Bedrooms: 5
  • Stories: 2

Exterior Features

  • Construction Type: Vinyl
  • Foundation Details: Poured Concrete

Utilities

  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Water Source: City

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Parcel Number: 010-3850-00950, 010-3850-00940

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 40800

Tax Info

  • Tax Annual Amount: 2545

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
06/19/2026 06/19/26 For Sale $320,000 -- $200 / Sq Ft
Source: Lake Superior Area REALTORS®

Source: Lake Superior Area REALTORS®

MLS Number: 6126192

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