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.
For sale
$399,900
2403 & 2407 W 3rd St, Duluth, MN 55806
2beds
1baths
3,830sqft
Multi Family
Built in 1903
-- sqft lot
$-- Zestimate®
$104/sqft
$-- HOA
What's special
Convenient coin-operated laundry
- 6 hours |
- 29 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Adam Paulson 218-626-5913,
RE/MAX Results
Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6126832
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Boiler
Features
- Basement: Full
Interior area
- Total interior livable area: 3,830 sqft
- Finished area above ground: 3,830
- Finished area below ground: 0
Property
Parking
- Parking features: None
Lot
- Size: 9,147 Square Feet
- Dimensions: 90 x 100
Details
- Parcel number: 010118001580, 010118001570, 010118001560
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Fiber Board, Asphalt, Frame/Wood
- Foundation: Stone
Condition
- Year built: 1903
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: $104/sqft
- Annual tax amount: $5,778
- Date on market: 7/17/2026
- Tenant pays: Electricity
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Listed for sale | $399,900$104/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #6126832 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Lincoln Park
Nearby schools
GreatSchools rating
- 7/10Piedmont Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 4/10Lincoln Park Middle SchoolGrades: 6-8Distance: 0.8 mi
- 5/10Denfeld Senior High SchoolGrades: 9-12Distance: 1.8 mi
- $140,5004 bd2 ba918 sqft2407 W 3rd St, Duluth, MN 55806Off Market
- $15,9004 bd2 ba1k sqft2413 W 3rd St, Duluth, MN 55806Off Market
- $157,1004 bd2 ba1k sqft2403 W 3rd St, Duluth, MN 55806Off Market
- $171,0004 bd2 ba1.8k sqft2409 W 3rd St, Duluth, MN 55806Sold
- $--1 bd1 ba500 sqft319 N 24th Ave W #1, Duluth, MN 55806Off Market
- $200,4004 bd2 ba1.5k sqft313 N 24th Ave W, Duluth, MN 55806Off Market
- $--6,969.6 Square Feet3 Xx St W, Duluth, MN 55806Off Market
- $--1 bd1 ba600 sqft317 N 24th Ave W #2, Duluth, MN 55806Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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