12 E 5th Street, Duluth, MN 55805 (MLS# 7160321)


$209,900
12 E 5th Street
Duluth, MN 55805
MLS# 7160321
5 beds  |  3 baths  |  2550 sqft


12 E 5th Street, Duluth, MN 55805
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Property Description
Investment opportunity in a convenient Duluth location! This 2,250 sq. ft. triplex offers three separate units and plenty of upside. Unit A features 2 bedrooms and 1 bath, Unit B offers 2 bedrooms and 1 bath, and Unit C offers 1 bedroom and 1 bath. Extra Info The property is conveniently located near downtown Duluth, area hospitals, bus lines, and other amenities. It also has a strong rental history, with the units historically showing solid occupancy. Extra Info Recent improvements include a roof replacement in 2019, a water heater in 2024, and a newer shower surround in Unit A. The property is in need of significant updating and repair, including siding, furnace, ceiling tiles, bathrooms, flooring, and additional cosmetic improvements throughout. Extra Info With its existing three-unit layout, established rental history, and opportunity to renovate and reposition the property, this could be a great project for an investor, contractor, or owner looking to build equity and increase future rental income. Bring your ideas and make the most of the potential here.

Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 209900
Original List Price: 209900
ListPrice: 209900
List Date: 2026-10-14
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1891
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 5
Baths Total: 3
Main Floor Total SqFt: 850
Above Ground SqFt: 1700
Below Grd Total SqFt: 850
Total SqFt: 2550
Foundation Size: 850
Style: (MF) Triplex
Total Finished Sqft: 2250.00
Lake/Waterfront Name: Duluth/Superior Harbor
Lot Dimensions: 50x100
Acres: 0.16
Assessment Pending: No
Location Tax and Other Information
House Number: 12
Street Direction Prefix: E
Street Name: 5th
Street Suffix: Street
Postal City: Duluth
County: St. Louis
State: MN
Zip Code: 55805
Complex/Dev/Subdivision: Duluth Proper 1st Div East 5th
Assessments
Tax With Assessments: 2754
Building Information
Finished SqFt Above Ground: 1700
Finished SqFt Below Ground: 550
Green Verification
Green Certified Status: Pending
Income and Expenses
Annual Electric Expense: 2100
Annual Fuel Expense: 2200
Annual Gross Expenses: 8400
Annual Gross Income: 36600
Annual Insurance Expense: 700
Annual Maintenance Expense: 500
Annual Net Income: 28200
Annual Repair Expense: 500
Annual Trash Expense: 600
Annual Water/Sewer Expense: 1800
Total Annual Expenses: 8400
Lake Details
Lake Acres: 3832
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Unit 1
Furnished?: No
Leased?: No
Unit Number: 1
Annual Rent: 13800
Finished SqFt: 850
Full Baths: 1
Monthly Rent: 1150
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 5
Unit 2
Furnished?: No
Leased?: No
Unit Number: 2
Annual Rent: 13800
Finished SqFt: 850
Full Baths: 1
Monthly Rent: 1150
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 5
Unit 3
Furnished?: No
Leased?: No
Unit Number: 3
3/4 Baths: 1
Annual Rent: 9000
Finished SqFt: 550
Monthly Rent: 750
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 4
Unit Details
Total Units: 3
Property Features
Accessible: None
Construction Status: Previously Owned
Exterior: Cement Board; Wood
Foundation: Combination; Stone
Fuel: Electric; Natural Gas
Heating: Forced Air
Owner Pays: Electricity; Fuel; Insurance; Taxes; Trash Collection
Parking Characteristics: Parking Lot
Rental License Type: Standard
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: Broadband; Lawn; Snow Removal
Water: City Water/Connected
Waterfront Type: Lake View

Listing Office: Coldwell Banker Realty

Last Updated: October - 15 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Sunday 18th of October 2026 11:53 PM

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