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Listed by Jordan DeCaro RE/MAX Results
$ 314,900
Est. payment /mo
Active
2525-2527 W 2nd St Duluth, MN 55806
4 Beds
4 Baths
2,960 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,960 sqft
Price per Sqft $106
MLS Listing ID LSA6128481
Bedrooms 4
HOA Y/N No
Year Built 1886
Annual Tax Amount $3,686
Tax Year 2026
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 50x140
Property Sub-Type Fourplex
Source lsar
Property Description
Fully leased fourplex with a rental license already in place. All four units are 1 bedroom, 1 bath, approximately 740 sq ft each, with current rents of $850, $865, $850, and $900, for $3,465/month in gross rent. Tenants pay their own electric and trash. The owner covers fuel, water, and sewer. The property has natural gas forced-air heat, low-maintenance vinyl siding, a full stone basement, and 4 off-street parking spaces, which is hard to find on this stretch of W 2nd St. Staggered lease expirations through 2027 give a new owner steady income and flexibility to adjust rents over time. Annual taxes are $3,686. It's a solid hold for a seasoned investor or a turnkey first step into multifamily in Duluth. Call the listing office to schedule a showing.
Location
State MN
County St. Louis County
Area Lsar
Direction W 2nd St. in Duluth
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Exterior
View Y/N No
Garage No
Building
Story 2
Foundation Stone
Sewer Public Sewer
Water City
Structure Type Vinyl
Schools
High Schools Duluth #709
School District Duluth #709
NEARBY SCHOOL & BUSINESS
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