Property Description Excellent investment opportunity in the heart of Duluth! This well-maintained six-unit apartment building offers a proven rental history and strong income potential in a highly desirable location. Each unit features its own separate electrical service, making utility management simple and efficient. Recent improvements include a newer roof, and the property has been consistently maintained over the years. Tenants appreciate the convenience of off-street parking and easy access to shopping, dining, public transportation, and local amenities. Whether you're looking to expand your investment portfolio or acquire a solid income-producing property, this turnkey multi-family building is one you won't want to miss.
Details
Contract Information
Status: Active
Current Price: 699000
Contingency: None
ListPrice: 699000
List Date: 2026-06-30
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 6
Owner Occupied: No
Waterfront YN: No
Year Built: 1891
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 4566
Power Company: Minnesota Power
For Sale or Lease: For Sale
Acres: 0.1
Lot Dimensions: 50x93
Assessment Pending: No
Location Tax and Other Information
Postal City: Duluth
County: St. Louis
State: MN
Zip Code: 55812
Complex/Dev/Subdivision: Endion Div Of Duluth
Assessments
Tax With Assessments: 7594
Basement
Foundation Dimensions: 38x50
Building Information
Building Finished SqFt: 4566
Building SqFt: 4566
Income and Expenses
Annual Fuel Expense: 3921.92
Annual Water/Sewer Expense: 2287.19
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Sale Options
Sale Includes: Building
Unit 1
Unit Number: 1
Monthly Rent: 1085
Level: Main Level
Unit Total SqFt: 650
Leased?: Yes
Lease Expiration Date: 2099-12-31
Unit 2
Lease Expiration Date: 2099-12-31
Leased?: Yes
Level: Main Level
Monthly Rent: 750
Unit Number: 2
Unit Total SqFt: 750
Unit 3
Lease Expiration Date: 2026-10-01
Leased?: Yes
Level: Main Level
Monthly Rent: 950
Unit Number: 3
Unit Total SqFt: 700
Unit 4
Lease Expiration Date: 2027-05-01
Leased?: Yes
Level: 2nd Level
Monthly Rent: 1300
Unit Number: 4
Unit Details
Total Units: 6
Property Features
Accessible: None
Basement: Owner Access; Storage Space
CMU Style: Low Rise
Construction Status: Previously Owned
Current Use: Residential
Exterior: Vinyl; Wood
Foundation: Stone
Fuel: Natural Gas
Heating: Baseboard; Boiler; Hot Water
On Site Utilities: Electric Common; Heating Common; Hot Water Common