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.
Exceptional investment opportunity featuring two side-by-side duplexes with strong cash flow. Both properties are structurally and mechanically sound, but could be improved with cosmetic updates. Priced well below the 1% rule, these income-producing properties present an attractive opportunity for investors seeking strong cash flow and upside. Includes convenient coin-operated laundry, providing an additional income stream. Whether you're looking to expand your portfolio or invest in a multi-property package, this is a rare chance to acquire four rental units at an attractive price with significant potential.
Investor opportunity! This fully rented fourplex offers immediate income and strong cash flow potential, meeting the sought-after 1% rule for rental investments. Includes coin operated laundry for additional income.The property is structurally and mechanically sound, providing a solid foundation for value-add improvements. While it could use some cosmetic updates the major components are in place, allowing investors to build equity and maximize rental income with renovations. Whether you're expanding your portfolio or looking for your next value-add investment, this is a great opportunity to acquire a cash-flowing asset with significant upside.
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.
Turnkey Triplex with Lake Views – Duluth Solid income-producing triplex offering upper-level units with genuine lake views from the second and third floors. Updates have been made throughout the building over the years, and the property is currently generating $43,800/year in total rents — a strong opportunity for an investor or owner-occupant looking to grow their portfolio in Duluth. Priced to move.
This charming old duplex features a 1-bedroom apartment on the main level and a 5-bedroom on the 2nd and 3rd floors! Currently rented as a whole to one group of tenants, this ole' lady features hardwood floors - natural woodwork - plus 3rd floor has lake views. Current lease runs through May 31, 2027. Subject to tenants' rights. Some listing photos may include AI-enhanced marketing images for illustrative purposes.
Opportunity knocks! Whether you're looking to grow your investment portfolio or become an owner-occupant while offsetting your mortgage with rental income, this up/down duplex in West Duluth is worth a look. Major mechanical updates make ownership simple, including two brand-new high-efficiency furnaces, updated PEX plumbing, updated electrical service panels, durable metal siding, and metal-wrapped windows and soffits for low-maintenance living. The main level features a spacious, vacant 1-bedroom, 3/4-bath apartment filled with vintage character. A separate laundry room offers the potential to be converted back into a second bedroom, adding even more value and flexibility. Upstairs, the 2-bedroom, 1-bath unit, with private laundry as well, is currently leased for $1,000 per month, providing immediate rental income. With separate utilities for each unit, tenants pay their own expenses, helping keep operating costs low and management straightforward. Outside, you'll find an oversized insulated 2-car garage, plus an attached storage room with its own overhead door. Whether used for additional storage, a workshop, or rented separately for extra income, this versatile space offers even more potential. Don't miss this excellent opportunity to own a solid, low-maintenance duplex with income potential from day one. Schedule your private showing today!
Set in the heart of Congdon, just moments from Lake Superior, this extraordinary residence blends timeless character with over 5,100 square feet of thoughtfully reimagined living. Every space has been designed to gather, entertain, and unwind—from mornings filled with natural light to evenings spent beside the fire or on the deck surrounded by mature pines. The heart of the home is a stunning chef's kitchen, where handcrafted walnut countertops, custom cabinetry, generous gathering spaces, and seamless indoor-outdoor flow make every meal an occasion. Exposed beams, warm wood accents, and sophisticated finishes create a home that feels both elevated and inviting. With six bedrooms, four baths, multiple living areas, private retreats, and flexible spaces for work, guests, or multigenerational living, this home adapts beautifully to every stage of life. Located just blocks from the shoreline, parks, trails, and the charm of one of Duluth's most sought-after neighborhoods, this is more than a home—it's a place where memories are made, traditions begin, and every season offers something extraordinary. Luxury isn't simply what you see. It's how a home makes you feel. Welcome to Congdon
Very nice duplex! Completely remodeled, beautiful hardwood floors, updated electric, newer roof, updated bathrooms, new windows, chimney lined, new water line, privacy fence, greenhouse, shed and 2 car garage shared with each unit. Basement laundry shared. Upstairs unit has beautiful lake views. 1 OSP and street parking out front
Excellent investment opportunity in the heart of Duluth! This well-maintained six-unit apartment building offers a proven rental history and strong income potential in a highly desirable location. Each unit features its own separate electrical service, making utility management simple and efficient. Recent improvements include a newer roof, and the property has been consistently maintained over the years. Tenants appreciate the convenience of off-street parking and easy access to shopping, dining, public transportation, and local amenities. Whether you're looking to expand your investment portfolio or acquire a solid income-producing property, this turnkey multi-family building is one you won't want to miss.
Very nice duplex! Completely remodeled, beautiful hardwood floors, updated electric, newer roof, updated bathrooms, new windows, chimney lined, new water line, privacy fence, greenhouse, shed, new plumbing stack and 2 car garage shared with each unit. Basement laundry shared. Upstairs unit has beautiful lake views. 1 OSP and street parking out front
Turnkey, high-performing 3-unit investment opportunity in Duluthâ??s high-demand Central Hillside corridor! Grossing an impressive $3,400 per month, this uniquely structured multi-family property features two distinct buildings on a single parcel, offering unparalleled tenant privacy and an historically low vacancy rate. The front building is an exceptionally layout-efficient duplex consisting of a 1-bedroom, 1-bathroom unit and a 2-bedroom, 1-bathroom unit. The completely detached rear building features a private, single-family style 2-bedroom, 1-bathroom home (714 1/2). Savvy investors will appreciate the separated mechanics: all units boast completely split electric and gas meters, leaving the owner responsible only for water and sewer, a massive operational advantage through northern winters. An active, clean City of Duluth rental license is already in place for a seamless ownership transfer. Centrally located just minutes from the major medical district, downtown waterfront, and local universities. Start or add to your portfolio, or live in one unit and let the others pay your mortgage. Schedule your showing today and capitalize on immediate, proven cash flow! Being sold completely "as-is".
This well-maintained triplex offers an outstanding investment opportunity in a highly desirable location near local colleges, medical centers, downtown amenities, and major employment hubs. Featuring three licensed rental units, the property provides strong income potential, flexibility, and long-term rental appeal. Unit 1 is currently vacant and being marketed for rent at $1,600 per month with the owner paying utilities, offering an excellent opportunity to secure a new tenant at market rent or occupy the unit yourself. Unit 2 is leased at $1,300 per month through July 30, 2027, providing stable long-term income. Unit 3 is currently vacant and being marketed for rent at $1,200 per month with all utilities included, creating additional upside for future cash flow. All three units have solid rental histories, and the property maintains a current rental license. Tenants enjoy comfortable living spaces, ample off-street parking, and shared access to a full basement with laundry facilities accessible through a secure coded exterior entrance—an uncommon and highly desirable amenity for rental properties in this area. Whether you're looking to expand your investment portfolio, occupy one unit while generating income from the others, or secure a versatile multi-family property in a strong rental market, this triplex checks all the boxes. With two vacant units offering immediate leasing or owner-occupancy opportunities and one unit providing stable income through 2027, this property presents an attractive combination of flexibility and investment potential. Schedule your showing today!
Great up/down duplex with panoramic views of Lake Superior and just minutes to colleges, Canal Park, downtown and Hermantown. Each unit has 2 bedrooms, 1 bath and recent updates to the kitchen and baths. Main floor unit includes a dishwasher and stackable washer and dryer. Great cash flow opportunity or owner occupy. Main floor unit on a month to month and upper unit just vacated. Upper unit could rent for around $1,300/month. Electric is separate and could be paid by tenants.
Welcome to 1432 E 4th St- a high-performing duplex investment opportunity located in the heart of Duluth’s East Hillside neighborhood near local colleges, downtown Duluth, and Lake Superior. This spacious multi-unit property offers an ideal setup for student housing or long-term rentals with strong income potential and a functional layout designed to accommodate large tenant groups. Situated on a lot and a half, the property also offers ample off-street parking for residents, a highly desirable feature for multi-tenant housing. The property also features a newer roof, adding additional value and peace of mind for future ownership. This classic Duluth property has been meticulously maintained and is filled with amazing character, beautiful original woodwork, and stunning hardwood floors throughout, offering timeless charm that tenants appreciate while showcasing the pride of ownership carried throughout the property. The upper unit features 5 bedrooms and 1 bathroom, including 3 bedrooms on the main level and a large upper finished attic space that features 2 additional bedrooms, along with a fireplace that adds warmth and character to the living space. The upper unit also includes two refrigerators and a dishwasher, providing added convenience for larger tenant groups. The lower unit offers 5 bedrooms, with 2 bedrooms located on the main floor and an additional 3 bedrooms on the lower level, providing excellent flexibility and rental capacity. The lower unit also features its own fireplace, along with two refrigerators and a dishwasher. Both fireplaces are non-functional and serve as decorative features only, adding character without operational use. The building is serviced by two separate boilers, allowing independent heating systems for each unit. A common laundry area located in the basement is shared between both units for added convenience. The property is currently leased for $4,700 per month with tenants paying all utilities, creating strong cash flow potential and low owner expense responsibility. Current lease terms run from June 1, 2026 through May 19, 2027, offering immediate rental income and stability for the next owner. In addition to its strong investment performance, the property could also make an excellent future owner-occupied opportunity once current tenants move out, offering flexibility for a variety of ownership goals.
Experience this well maintained Victorian four plex that is perfect for owner occupancy or investment opportunity. Combining architectural character with modern rental stability, this property is positioned for both immediate cash flow and long-term equity growth. Along with the four plex, the value-added benefits of this property include a carriage house located above the garage that offers the potential of a fifth unit of rental income. There is a workshop and two stall garage that is heated. There is an adjacent buildable lot that could add the potential for an additional multi-family building. And let's not forget about the convenience of ample off-street parking spots for all the units. The location is exceptional for tenants and owner-occupants alike. It is located on a city bus route and is walking distance to the Lake walk, Canal Park and St. Lukes Essentia Health.
Turnkey triplex in the heart of East Hillside with two units leased and one vacant. Move in, lease up, or refresh to increase rents. This solid stucco two-story has been well maintained and offers a classic Duluth multi-family footprint with good bones and strong income from day one. Unit 1 is a 2 bed/1 bath leased at $1,125/mo. Unit 2 is a vacant 1 bed/1 bath ready for an owner-occupant or new tenant at market. Unit 3 is a 2 bed/1 bath leased at $1,200/mo. Tenants pay all utilities except electric. Off-street parking on site. At $349,900, this one pencils under the 1% rule at market rents. Walkable to Chester Park, Chester Creek trails, UMD, and downtown Duluth with convenient access to bus service. Strong rental demand in this corridor makes this a low-risk hold with long-term upside.
Unbelievable opportunity to owner occupy and potentially short term or Air B & B rent this property out (see City Of Duluth web site for all rental requirements or ask your Realtor about the associated documents). Or Owner occupy one unit and rent the other and then use the owner occupancy vacation rental rules and take a 2 week vacation and rent out your unit (again, see City Of Duluth web site for all rental requirements or ask your Realtor about the associated documents)? All kinds of potential in this four bedroom, two bath up/down fully rehabbed inside and out duplex! Both units also have new appliances and are currently rented, one lease ends in July the other in August. Off street parking, street parking, back yard is just waiting for someone to make it a great outdoor space.
OPPORTUNITY sits quietly just minutes from Canal Park—this duplex delivers the income potential investors are looking for. Positioned in a highly desirable Duluth location, this up/down duplex offers a strong blend of immediate cash flow and long-term equity growth. Each unit features 2 bedrooms and 1 bathroom with functional layouts that consistently attract tenants. Rental income is already in place with the upper unit leased at $1,095/month and the lower unit bringing in $1,075/month. The lower unit is currently undergoing updates, including fresh paint —providing a clear path to increased rental value and enhanced appeal. Additional highlights include basement laundry with separate washer and dryer for each unit, adding convenience and tenant independence. The lower unit is also now rented locking in a secure lease for the next 12 months along with the longer tenured upper unit. With its prime location, solid rental structure, and value-add potential, this property stands out as a smart addition to any portfolio. Schedule your private showing today and secure your next investment opportunity.
Check out this east end investment property. Two separate dwellings on one lot. Both units have separate utilities. Close to the universities, hospitals, on a bus line and close to all downtown amenities. St. Lukes hospital (Aspirus) on some off the surrounding lots.
Check out this east end investment property. Two separate dwellings on one lot. Both units have separate utilities. Close to the universities, hospitals, on a bus line and close to all downtown amenities. St. Lukes hospital (Aspirus) on some off the surrounding lots.
New Rent Roll: $1100 upper & $1450 Lower Purchase a duplex with rent producing until July 2027 Investor Opportunity Near UMD/Scholastica – Value-Add Duplex on 4th St! Prime location just minutes from University of Minnesota Duluth and The College of St. Scholastica, making this a strong rental demand area. This duplex offers immediate upside potential through rent increases and utility optimization. Upper Unit: 1 bedroom on main level + den/office + walk-up attic bedroom. Open living/dining area, full bath, and additional exterior storage access. Lower Unit: 3 bedrooms, full bath, separate living room and kitchen layout ideal for student or shared housing. License Number: LS-2-0067 Expires 7/1/2027 Income & Expenses: Current rents:$1100/mo Lower & $1450 Upper Electric paid by tenants $340/month total ($165 upper / $175 lower) 2026 Property Taxes: $3,292/year Utilities (owner paid): approx. $81 gas / $56 water / $64 sewer per month Separate electric meters already in place Mechanical/Additional Features: Natural gas furnace Coin-operated washer/dryer for added income potential Additional washer/dryer hookups Separate basement entrance Investment Highlights: High-demand rental corridor near colleges Clear path to increased cash flow with rent adjustments in 2027 Ability to restructure utility responsibilities to improve NOI Ideal for house-hack, student rental, or long-term hold Current tenants pay electric only there are 2 meters $165/mo & $175/mo avg. Comfort Systems Consumption report available Showings: Upper Tenant prefers showings after 4pm. Lower Level is resistant to showings-decor and condition is similar to upper unit but in earth tone colors. Basement is available. Street Parking only for this property Garbage is picked up in the back alley crossing the back neighbors driveway Side Door is to the basement- utilities and Coin Laundry Excellent opportunity to reposition and maximize returns in a proven rental location.
Investor Opportunity with Built-In Upside! Situated on a corner lot directly across from the park, this value-add property offers the potential for three income streams in one strategic location. The unfinished duplex has already been taken down to the studs with demo complete, creating a true blank slate for your vision. Layout plans are available in the photos and supplements, allowing you to move forward with a clear path to completion. Next door sits an occupied single-family rental providing immediate income while you finish the duplex. Once completed, the property has the potential to generate revenue from two duplex units plus the existing single-family home. The newly completed 20th Street bridge enhances accessibility and connectivity, making this location even more desirable for tenants and future occupants. In addition, the property is zoned Mixed-Use, opening the door to expanded possibilities beyond traditional residential rentalsâ??whether thatâ??s office, retail, live/work, or other income-producing concepts (buyer to verify intended use). Ideal for investors, contractors, or entrepreneurs looking to build equity and long-term cash flow in a thriving community. Strong fundamentals, prime positioning, and significant upside for the right buyer.
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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Andrea D. Conner, License # 40471694, Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

2026 Copyright 2026 Lake Superior Area REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Lake Superior Area REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision.
Duluth is located in Minnesota. Duluth, Minnesota has a population of 86,711. Duluth is more family-centric than the surrounding county with 27.83% of the households containing married families with children. The county average for households married with children is 26.31%.
The median household income in Duluth, Minnesota is $58,014. The median household income for the surrounding county is $61,213 compared to the national median of $69,021. The median age of people living in Duluth is 33.9 years.
The average high temperature in July is 76.5 degrees, with an average low temperature in January of 2.3 degrees. The average rainfall is approximately 31.2 inches per year, with 69.5 inches of snow per year.