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For Sale:  Duluth MLS# 7160896

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Active NEW!
$339,900
/mo Edit
Multi-family:  Triplex
4 br • 3 ba • Built 1891
1,984 sqft • 0.172 acres
Duluth schools
MLS# 7160896
763-576-8286
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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.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $339,900
    Price per sq ft: $171
    Property Type: Multi-family
    City: Duluth
    Garage Spaces: 0
    County: St. Louis
    Year Built: 1891
    State: MN
    Property Style: Triplex
    Zip Code: 55812
    Subdivision Name: Endion Div Of Duluth

    Interior

    Bedrooms: 4
    Bathrooms: 3
    Finished Area: 1,984 ft2
    Living Area: 1,984 ft2
    Basement Details: Full

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 0
    Foundation Size: 1,018 ft2
    Foundation Dimensions: 24x29 14x23
    Handicap Accessible: None
    Heating System:
    • Baseboard
    • Boiler
    Exterior Material: Frame

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.172
    Geolocation: 46.803795, -92.078758
    Lot Dimensions: 50 x 150
    Zoning: Residential-Multi-Family

    Schools

    School District: 709
    District Phone: 2183368700

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $38
    Annual Fuel Expense: $3,208
    Annual Insurance Expense: None
    Annual Maintenance Expense: $9,411
    Annual Trash Expense: $544
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity, Trash Collection

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $5,334
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $5,368

    Income

    Annual Gross Income: $37,614
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: $15,219

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Minnesota Power

    Mortgage Calculator

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    Payment:  /mo

    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.
    Connect with Eric today to get started with your home purchase!

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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.