Home › 1625 E 1st Street, Duluth, MN 55812 (MLS# 7160896)

1625 E 1st Street, Duluth, MN 55812 (MLS# 7160896)

$339,900
1625 E 1st Street
Duluth, MN 55812
MLS# 7160896
4 beds  |  3 baths  |  1984 sqft
1625 E 1st Street, Duluth, MN 55812
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Property Description
Fully leased triplex in Duluth’s historic Endion neighborhood, with a rental license in place! Built in 1891, this property has a spacious 2 bedroom, 1 bath main-level unit and two 1 bedroom, 1 bath upper units. All three are leased into 2027 for a combined $3,085/month ($37,020/year). Classic character shines throughout, with hardwood floors, tall windows with decorative transoms, original trim, a fireplace mantel and an updated white kitchen. A covered porch, boiler heat and a full basement round out the features. Owner pays water, sewer and gas. Tenants pay electric and trash. A strong opportunity in a desirable location close to downtown, the Lakewalk and area colleges. Leases must be honored. Call today for financials.

Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 339900
Original List Price: 339900
ListPrice: 339900
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: 4
Baths Total: 3
Main Floor Total SqFt: 1286
Above Ground SqFt: 1984
Total SqFt: 1984
Foundation Size: 1018
Style: (MF) Triplex
Total Finished Sqft: 1984.00
Power Company: Minnesota Power
Lot Dimensions: 50x150
Acres: 0.17
Assessment Pending: Yes
Location Tax and Other Information
House Number: 1625
Street Direction Prefix: E
Street Name: 1st
Street Suffix: Street
Postal City: Duluth
County: St. Louis
State: MN
Zip Code: 55812
Complex/Dev/Subdivision: Endion Div Of Duluth
Assessments
Assessment Balance: 34
Tax With Assessments: 5368
Basement
Foundation Dimensions: 24x29 14x23
Building Information
Finished SqFt Above Ground: 1984
Income and Expenses
Annual Electric Expense: 37.81
Annual Fuel Expense: 3207.69
Annual Gross Expenses: 22776.48
Annual Gross Income: 37613.67
Annual Maintenance Expense: 9411.27
Annual Net Income: 15219.19
Annual Trash Expense: 544.48
Total Annual Expenses: 22776.48
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Unit 1
Furnished?: No
Lease Expiration Date: 2027-10-28
Leased?: Yes
Level: Main Level
Unit Number: 1
Annual Rent: 13200
Finished SqFt: 1033
Full Baths: 1
Monthly Rent: 1100
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 5
Unit 2
Furnished?: No
Lease Expiration Date: 2027-07-26
Leased?: Yes
Level: 2nd Level
Unit Number: 2
Annual Rent: 11820
Finished SqFt: 458
Full Baths: 1
Monthly Rent: 985
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 3
Unit 3
Furnished?: No
Lease Expiration Date: 2027-10-28
Leased?: Yes
Level: 2nd Level
Unit Number: 3
Annual Rent: 12000
Finished SqFt: 493
Full Baths: 1
Monthly Rent: 1000
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 3
Unit Details
Total Units: 3
Property Features
Accessible: None
Basement: Full
Construction Materials: Frame
Construction Status: Previously Owned
Exterior: Wood
Foundation: Stone
Fuel: Natural Gas
Heating: Baseboard; Boiler
Owner Pays: Fuel; Sewer; Water
Sewer: City Sewer/Connected
Tenant Pays: Electricity; Trash Collection
Water: City Water/Connected

Listing Office: RE/MAX Results

Last Updated: October - 19 - 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.

Thursday 22nd of October 2026 06:51 PM

218-998-4400

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