$232,000
SOLD MAY 7, 2024
3 Beds
2 Baths
2,640 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$88 Per Sq Ft

19% Above List Price

5 Days on Market

Highlights

  • City Lights View
  • Lower Floor Utility Room
  • High Speed Internet
  • No HOA
  • 1 Car Attached Garage
  • Satellite Dish

About This Home

As of May 2024

Welcome to 722 E 3rd St. This incoming producing duplex has loads to offer including prime location near hospitals and bus lines, a newly remodeled lower unit, in unit laundry, and flexible lease options. As of April 1st, rents will be $1200/mo + electric in the lower unit and $925/mo + electric in the upper unit. Both units are on a month to month lease. The owner pays for water/sewer/gas/garbage and common area electric. There are 2 off street parking spaces in the back of the property as well. You’re one step away from adding to your existing portfolio or even an owner occupy scenario with one of the units. Schedule a tour today.

Last Agent to Sell the Property

Kevin Kalligher

RE/MAX Results

RE/MAX Results

Last Buyer's Agent

Paul Docauer

RE/MAX Advantage Plus - Blaine

RE/MAX Advantage Plus - Blaine

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,951

Year Built

  • Built in 1891

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 25x140

Parking

  • 1 Car Attached Garage
  • Tuck Under Garage
  • Shared Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Side-by-Side
  • Flat Roof Shape
  • Pillar, Post or Pier Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Rubber Roof

Interior Spaces

  • 2,640 Sq Ft Home
  • 2-Story Property
  • Lower Floor Utility Room
  • Laundry in unit
  • City Lights Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Heating System Uses Natural Gas
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electric, internet service
  • Assessor Parcel Number 010-3830-09810

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,951

Year Built

Built in 1891

Lot Details

0

Parking

1

Listing Details

  • Class: MULTI-FAMILY
  • Directions: Take Lake Ave N to E 2nd St. Take 2nd St to 7th Ave E and turn left. Turn left on 3rd Street.
  • InternetOptions: Cable, DSL, Satellite
  • L O1 Office Phone1 Number: 218-722-2811
  • List Price/ Sq Ft: 87.88
  • Taxes With Assessments: 2976
  • Tax Year: 2024
  • View Type:Pond View: City Lights, Typical
  • Lot Description Waterfront: No
  • CondoPropertyType: Side by Side
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2640
  • F I R E P L A C E2: No
  • Garage Type: Attached, Tuckunder
  • Heat: Natural Gas
  • Laundry: In Unit
  • Parking Number Garage Spaces: 1
  • Reso Roof: Flat, Rubber
  • TotalBedrooms: 3
  • MediaType: Duplex
  • Year Built: 1891
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Owner Access, Storage, Utility Room
  • Basement Material: Poured Concrete
  • Basement Style: Full, Posts
  • Stories: 2 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2640

Exterior Features

  • Road Frontage: City, Paved, Street Lights
  • Construction Status: Previously Owned
  • Exterior: Other

Garage/Parking

  • Parking Driveway: Driveway - Concrete, Off Street, Driveway - Shared, Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Association/Amenities

  • AmenitiesFireplace1: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2024-03-13
  • Estimated Lot Dimensions: 25x140
  • Estimated Number of Acres: 0.15
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-3830-09810

Rental Info

  • Tenant Expense: Cable TV, Electric, Internet Service

Tax Info

  • Tax Amount: 2951

Map

Range of Values:

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Average Value
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Sold 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
05/07/2024 05/07/24 Sold $232,000 +19.0% $88 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $195,000 -- $74 / Sq Ft
Source: Lake Superior Area REALTORS®

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Source: Lake Superior Area REALTORS®

MLS Number: 6112635