NOT LISTED FOR SALE

920 E 4th St Duluth, MN 55805

East Hillside Neighborhood
9 Beds
3 Baths
3,662 Sq Ft
0.47 Acres

Last Sold August 19, 2024

Last sale price $427,000 $117 Per Sq Ft

9 Days on Market

Highlights

  • City Lights View
  • 0.47 Acre Lot
  • Wood Flooring
  • East High School Rated 10
  • Property is near public transit
  • 1-minute walk to Portland Square

About This Home

As of August 2024

Situated on a HUGE lot in a Form District, this 9 BR tenant-occupied duplex has exciting short-term or mid-term rental opportunities! Leased/licensed as a long-term rental through summer 2025 w/ gross rents at 52k+, this property allows you to appreciate a solid turnkey investment in an area with vacancy rates at/below 2%. Is location your #1 REI focus? This one's on the bus line & walking distance to Whole Foods Co-op, Portland Square Park & Playground, The Ski-Hut, and about 1/2 a mile to Essentia Health's Vision Northland or Aspirus St. Luke's. With nearly 1/2 an acre to work with, a developer might envision possible subdivision and re-development, wherein parking is relocated to the rear of the building, and the new owner could explore construction of a second investment property. Don't miss your chance to own this cash flowing gem and secure future STR possibilities for your portfolio! Tenants are responsible for all utilities, snow removal and lawn care.

Last Agent to Sell the Property

Brittany Kuschel

Kuschel Realty Group LLC Listed on: 06/19/2024

Co-Listed By

Krystina Gillman

Kuschel Realty Group LLC

Last Buyer's Agent

Brittany Kuschel

Kuschel Realty Group LLC Listed on: 06/19/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,837

Year Built

  • Built in 1910

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 147 x 140

Home Design

  • Duplex
  • Side-by-Side
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • City Lights Views
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Basement Storage

Parking

  • No Garage
  • Gravel Driveway
  • Off-Street Parking

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, fuel, lawn, snow, sewer, trash, water
  • Assessor Parcel Number 010-3830-13180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,837

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: Heading North on I-35 take the Mesaba Ave exit. Continue up the hill on Mesaba Ave until you reach W 4th St. Turn right onto W 4th St and continue for 1.3 miles. Property will be on your right hand side.
  • L O1 Office Phone1 Number: 218-724-7900
  • Taxes With Assessments: 5862
  • Tax Year: 2024
  • View Type:Pond View: City Lights
  • Lot Description Waterfront: No
  • Appliances 1: Dishwasher, Refrigerator, Range/Stove
  • Appliances 2: Dishwasher, Refrigerator, Range/Stove
  • CondoPropertyType: Side by Side
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 3305
  • Below Grade Finished Sq Ft: 357
  • Garage Type: None
  • Heat: Forced Air, Natural Gas, Electric
  • Laundry: Basement
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 9
  • MediaType: Duplex
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Walkout, Storage, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Stories: 2 Story
  • Total Bathrooms: 3
  • Total Fin Square Footage: 3662

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Asphalt

Garage/Parking

  • Parking Driveway: Driveway - Gravel, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Association/Amenities

  • AmenitiesOtherAmenities1: Hardwood Floors

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 147 X 140
  • Estimated Number of Acres: 0.47
  • Cultivated Acreage: LSAR
  • Geo Match Code: 3
  • Lot Description: Pub. Trans (w/in 6 blks)
  • Parcel Number: 010-3830-13180

Rental Info

  • Lease Terms: Cash, Conventional
  • Tenant Expense: Electric, Fuel, Lawn, Snow, Sewer, Trash, Water

Tax Info

  • Tax Amount: 5837

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
08/19/2024 08/19/24 Sold $427,000 +0.5% $117 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $424,900 +11.4% $116 / Sq Ft
12/30/2021 12/30/21 Sold $381,500 +4.5% $89 / Sq Ft View Prior Sale
12/04/2021 12/04/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $364,900 -- $85 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brittany Kuschel

    Seller's Agent in 2024

    Brittany Kuschel

    Kuschel Realty Group LLC

    (218) 260-7744

    4 in this area

    59 Total Sales

    Brittany Kuschel
    Section Image
  • Krystina Gillman

    Seller Co-Listing Agent in 2024

    Krystina Gillman

    Kuschel Realty Group LLC

    (218) 724-7900

    9 in this area

    96 Total Sales

    Krystina Gillman
    Section Image
  • Tracy Ramsay

    Seller's Agent in 2021

    Tracy Ramsay

    RE/MAX

    (218) 390-6747

    12 in this area

    145 Total Sales

    Tracy Ramsay
    Section Image

  • J

    Buyer's Agent in 2021

    Jordan Decaro

    RE/MAX

    (218) 722-2810

    14 in this area

    279 Total Sales

    Jordan Decaro
    Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6114383

Minnesota St Louis County Duluth 55805 East Hillside

920 E 4th St, Duluth, MN

Not Listed for Sale

MultiFamily

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