Cash flowing triplex. Full occupancy, great location close to downtown. 2 BR's, 1 bath in the middle and upper unit. 1BR in the lower unit. Middle unit has a large pantry that is big enough for a 3rd bedroom. Water Heater was new in 2021. The upper unit has a deck off the back and the middle unit has a front porch. The lower unit has a front sitting area as well. Tenants pay electric. Up the hill a bit so some views of the lake and harbor area. Rents total $41,400 per year - Upper unit $1,200, Middle unit $1,300 and Lower unit is $950/month. Total 2024 expenses = $15,481. Don't miss this great investment opportunity or great for an owner occupant. Financials listed are for the current tenants moving forward. See supplements for previous years P/L - lots of deferred maintenance completed on the building in this owners tenure. 1 water heater for lower level unit and 1 for the middle and upper units. 1 forced air furnace and lower level unit has a supplemental source. No laundry on site. Unit 1 & 2 pay electric, unit 3 is on the house meter. Tenants handle snow removal. Owner handles lawn.
For sale
$250,000
Duluth, MN 55805
5beds
3baths
2,250sqft
Est.:
Condominium
Built in 1884
-- sqft lot
$-- Zestimate®
$111/sqft
$-- HOA
What's special
Large pantryForced air furnace
- 14 hours |
- 125 |
- 16 |
Zillow last checked: 8 hours ago
Listing updated: 15 hours ago
Listed by:
Paul L Docauer 763-439-8314,
RE/MAX Advantage Plus - Blaine,
Nonmember NONMEMBER,
Nonmember Office
Source: Lake Superior Area Realtors,MLS#: 6123128
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air, Wall Unit(s), Natural Gas
Appliances
- Included: Range, Refrigerator
- Laundry: None
Features
- Basement: Full,Egress Windows,Finished,Walkout,Single Tenant Access,Apartment,Bath,Bedrooms,Kitchen
Interior area
- Total interior livable area: 2,250 sqft
- Finished area above ground: 1,800
- Finished area below ground: 450
Property
Parking
- Parking features: Off Street, On Street, Gravel, None
- Has uncovered spaces: Yes
Features
- Exterior features: Balcony, Rain Gutters
Lot
- Size: 3,484.8 Square Feet
- Dimensions: 25 x 140
- Features: Corner Lot, Tree Coverage - Light
Details
- Parcel number: 010103000340
- Zoning description: Residential
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Vinyl, Concrete Block, Stone
- Foundation: Concrete Perimeter, Stone
- Roof: Asphalt Shingle
Condition
- Previously Owned
- Year built: 1884
Utilities & green energy
- Electric: Minnesota Power
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Duluth
Financial & listing details
- Price per square foot: $111/sqft
- Annual tax amount: $3,528
- Date on market: 12/10/2025
- Listing terms: Cash,Conventional
- Tenant pays: Internet, Cable TV, Electricity, Snow Removal
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/10/2025 | Listed for sale | $250,000+35.1%$111/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6824616 Report a problem | ||
| 12/8/2024 | Listing removed | $184,999+2.8%$82/sqft |
Source:  Lake Superior Area Realtors #6098467 Report a problem | ||
| 12/7/2021 | Sold | $180,000-2.7%$80/sqft |
Source: Lake Superior Area Realtors #6098467 Report a problem | ||
| 10/2/2021 | Pending sale | $184,999$82/sqft |
Source: Lake Superior Area Realtors #6098467 Report a problem | ||
| 9/20/2021 | Contingent | $184,999$82/sqft |
Source: Lake Superior Area Realtors #6098467 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,738 +41.7% | $209,500 +15.4% |
| 2023 | $3,344 +1% | $181,500 +8.7% |
| 2022 | $3,310 +26.4% | $167,000 +2.1% |
BuyAbility℠ payment
Est. payment
$1,526/mo
Principal & interest
$1228
Property taxes
$210
Home insurance
$88
Climate risks
Neighborhood: Central Hillside
Nearby schools
GreatSchools rating
- 1/10Myers-Wilkins ElementaryGrades: PK-5Distance: 0.6 mi
- 3/10Lincoln Park Middle SchoolGrades: 6-8Distance: 3 mi
- 5/10Denfeld Senior High SchoolGrades: 9-12Distance: 4.1 mi
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