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Sold for $236,000 on 03/07/25
  • $236,000

    2116 W 2nd St, Duluth, MN 55806

    2beds
    1baths
    4,352sqft
    Condominium
    Built in 1900
    -- sqft lot
    $248,800 Zestimate®
    $54/sqft
    $1,622 Estimated rent

    Home value

    $248,800

    $216,000 - $289,000

    $1,622/mo

    Zestimate® history
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    $1,622/mo

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    $1,473/mo

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    $1,473/mo

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    What's special

    Knock knock! Opportunity knocks in the rare Investment opportunity with this unique Commercial & Multi-Family property in a thriving Duluth Market! Seize the rare and lucrative investment in the heart of Duluth's craft district. It's not often you can buy two buildings for the price of one that has a potential GRI of over $60,000! This would be a versatile addition to any investors portfolio. The two buildings are connected through a rock-solid adjoining basement that has a distinct vault room, tall ceilings and endless possibilities! The commercial building can provide immediate cash flow as it's occupied by a long-term tenant who'd love to stay! The heated garage was built in 1997, and the roofs were last redone in 2014 ensuring long-term durability. The triplex boiler is 10 years old (currently off/winterized) but feature mostly new boiler and plumbing lines, as well as much of the electrical has been updated and upgraded throughout!! The main level triplex 2 BR apartment (owner occupied) is nearly ready to be rented while you creatively design and complete the upper two units just waiting for your finishing. This property presents a tremendous opportunity for a savvy investor or entrepreneur looking to capitalize on Duluth's growing market!

    Zillow last checked: 8 hours ago

    Listing updated: September 09, 2025 at 01:41pm

    Listed by:

    Steve Braman 218-310-2590,

    RE/MAX Results

    Bought with:

    Gary Kalligher, MN 20158102|WI 56689-94

    RE/MAX Results

    Source: Lake Superior Area Realtors,MLS#: 6117616MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Boiler, Natural Gas, Electric
    Features
    • Basement: Full,Unfinished,Walkout,Shared Access,Owner Access,Storage,Apartment,Bath,Utility Room,Washer Hook-Ups,Dryer Hook-Ups
    Interior area
    • Total interior livable area: 4,352 sqft
    • Finished area above ground: 4,352
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Heat, Insultation, Slab
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: No Stairs External
    Lot
    • Size: 0.25 Acres
    • Dimensions: 188 x 60
    Details
    • Parcel number: 010114000945

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Other, Wood, Concrete Block, Stone
    • Foundation: Concrete Perimeter
    • Roof: Flat,Rubber
    Condition
    • Previously Owned
    • Year built: 1900

    Utilities & green energy

    • Electric: Minnesota Power
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable

    Community & neighborhood

    Location
    • Region: Duluth

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    3/7/2025Sold$236,000+0.4%$54/sqft
    Source: Lake Superior Area Realtors #6117616
    1/30/2025Pending sale$235,000$54/sqft
    Source: Lake Superior Area Realtors #6117616
    1/25/2025Listed for sale$235,000$54/sqft
    Source: Lake Superior Area Realtors #6117616

    Public tax history

    Tax history is unavailable.

    Neighborhood: Lincoln Park

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $248,800
    2% more+ $4,976
    With Zillow Showcase(estimated)
    $253,776