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Active NEW!
$640,000
/mo Edit
Multi-family:  Fourplex
4 br • 4 ba • Built 1929
3,050 sqft • 0.09 acres
Duluth schools
MLS# 7112816
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    Property Description

    Impeccably maintained four unit multifamily property featuring extensive updates and strong investment appeal. Each of the four identical units showcases refinished hardwood floors, preserved original woodwork, and an updated faux clay roof that enhances the building’s architectural character. All units include two exits for convenience and safety. The lower level offers a large tuck under garage with two dedicated parking stalls per unit, each equipped with its own opener. Shared amenities include a coin operated washer and dryer located adjacent to four private storage rooms, providing valuable tenant convenience. Major mechanical improvements include electrical and plumbing updates and a full conversion from fuel oil to natural gas, supporting efficiency and long term reliability. Exterior features include a durable brick façade, seamless gutters, and a repaired architectural eyebrow accent at the roofline, reflecting consistent care and maintenance. This property is a turnkey, well updated asset offering historic charm, modern improvements, and stable rental potential.

    Listing

    Contingency: None
    Price per sq ft: $210
    City: Duluth
    County: St. Louis
    State: MN
    Property Style: Fourplex
    Zip Code: 55812
    Subdivision Name: Endion Div Of Duluth

    Interior

    Living Area: 3,050 ft2
    Refrigerators: Four
    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 0
    Foundation Size: 3,050 ft2
    Foundation Dimensions: 61x25
    Handicap Accessible: None
    Road Responsibility: Private Maintained Road
    Heating System: Boiler
    Parking Features: Tuckunder Garage
    Shared Amenities: Coin-op Laundry Owned
    Road Frontage:
    • City Street
    • Sidewalks
    • Storm Sewer
    Exterior Material: Frame
    Roof Details: Asphalt

    Rooms

    Laundry:
    • Common Area
    • In Basement

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.09
    Geolocation: 46.805473, -92.084123
    Lot Dimensions: 96 x 40
    Zoning: Residential-Multi-Family
    Lot Description: Corner Lot

    Schools

    School District: 709
    District Phone: 2183368700

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Cable TV, Electricity

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $5,392
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,392

    Income

    Annual Gross Income: $60,000
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: None

    Units

    Total Units: 4

    Miscellaneous

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

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    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 Duluth.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.