For Sale: Duluth MLS# 7159907
Active
NEW!
$174,900
Multi-family: Duplex Up and Down
4 br • 2 ba • Built 1909
1,739 sqft • 0.14 acres
Duluth schools
MLS# 7159907
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Property Description
Fully leased up-and-down duplex in West Duluth, just off Grand Ave. Each unit is a 2-bedroom, 1-bath layout: Unit 1 on the main level (854 sq ft) and Unit 2 upstairs (885 sq ft). Both have character touches like original wood trim and hardwood floors. Both units are on leases running into 2027, bringing in $2, 200/month combined. Tenants pay electric, gas and trash, which keeps the owner expenses to water and sewer. Outside, there is a detached 2-stall garage plus 2 off-street parking spaces on a 50x125 lot. The full walkout basement adds storage potential, and low-maintenance metal siding covers the exterior. The property is rental licensed and ready for an investor looking for steady income from day one.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$174,900
Price per sq ft:
$101
Property Type:
Multi-family
City:
Duluth
Garage Spaces:
2
County:
St. Louis
Year Built:
1909
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55806
Subdivision Name:
Walbanks Addition to Duluth
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
1,739 ft2
Living Area:
1,739 ft2
Basement Details:
- Full
- Walkout
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
0
Foundation Size:
1,739 ft2
Foundation Dimensions:
22x42
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Detached Garage
Road Frontage:
City Street
Exterior Material:
Frame
Roof Details:
Asphalt
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.14
Geolocation:
46.763556, -92.138629
Lot Dimensions:
50 x 125
Zoning:
Residential-Multi-Family
Schools
School District:
709
District Phone:
2183368700
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$483
Annual Fuel Expense:
$3,788
Annual Insurance Expense:
None
Annual Maintenance Expense:
$3,184
Annual Trash Expense:
$556
Annual Water/Sewer Expense:
None
Tenant Expenses:
Electricity, Fuel, Trash Collection
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$4,216
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$4,250
Income
Annual Gross Income:
$25,701
Misc. Annual Income:
None
Rent
Annual Net Income:
$10,904
Units
Total Units:
2
Miscellaneous
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Power Company Name:
Minnesota Power
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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Listing provided by RMLS,
courtesy of RE/MAX Results.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.