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For Sale:  Duluth MLS# 7042330

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Active
$349,900
/mo Edit
Multi-family:  Triplex
3 br • 3 ba • Built 1900
2,588 sqft • 0.127 acres
MLS# 7042330
763-576-8286
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    Property Description

    Triplex Opportunity with Owner-Occupant Potential Located close to the Lakewalk, stores, and restaurants, this is an excellent opportunity to own a triplex with immediate income and upside potential. This property features three 1-bedroom, 1-bath units, offering a simple and desirable layout for tenants. Two of the units have brand new kitchens and bathrooms, showcasing modern finishes and refreshed interiors that help attract quality renters. The third unit is currently rented, providing instant income for the next owner. (This unit is currently not being shown until your 2nd scheduled showing) The exterior is maintenance-free, allowing for easier ownership and reduced upkeep. This setup makes for an ideal owner-occupant opportunity—live in one of the updated units while collecting rent from the others to help offset your mortgage.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $349,900
    Price per sq ft: $135
    Property Type: Multi-family
    City: Duluth
    Garage Spaces: 0
    County: St. Louis
    Year Built: 1900
    State: MN
    Property Style: Triplex
    Zip Code: 55812
    Subdivision Name: Endion Div Of Duluth

    Interior

    Bedrooms: 3
    Bathrooms: 3
    Finished Area: 2,588 ft2
    Living Area: 2,588 ft2
    Basement Details:
    • Shared Access
    • Storage Space
    • Unfinished

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 0
    Garage Dimensions: 0
    Garage Door Height: 0
    Garage Door Width: 0
    Foundation Size: 2,588 ft2
    Foundation Dimensions: 1x6+2.5x14+2.5x25
    Handicap Accessible: None
    Heating System: Boiler
    Parking Features: On-Street Parking Only

    Lot & Land

    Acres: 0.127
    Geolocation: 46.801196, -92.078586
    Lot Dimensions: 50 x 108
    Zoning: Residential-Multi-Family

    Schools

    School District: 2223
    District Phone: 2183368700

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $2,016
    Annual Fuel Expense: $5,066
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: $400
    Annual Water/Sewer Expense: $5,066

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $4,342
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $4,376

    Income

    Annual Gross Income: None

    Units

    Total Units: 3

    Miscellaneous

    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    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.