Duplex in Hibbing with an additional dwelling on the property now available for sale! Discover the potential of this versatile property that features a lower unit boasting 2 to possibly 3 bedrooms, 1 bathroom, a cozy living room with a fireplace, an elegant dining room, a kitchen, and a basement equipped with a convenient washer and dryer. The upper unit offers 1bedroom, 1bathroom, and an additional small room, a spacious living room, with a fireplace, a dining room, a kitchen, and a generously sized storage closet. Tucked away in the back, a standalone house offers 1 bedroom, 1 bathroom, a comfortable living room, and a kitchen. Please note that, unfortunately, we do not have available pictures of the upper unit as it is currently occupied. Situated on a corner lot, this property also features a one stall garage for added convenience. The lower unit of the main house comes complete with an attached deck, perfect for enjoying outdoor moments. Priced at $169,900 this property presents an excellent opportunity for rental income. Whether you plan to reside in the lower unit or explore the potential of all three rentals, this investment will pay your mortgage with the income generated from the units. Don’t miss out on this fantastic real estate opportunity, schedule a viewing today. Please call or text , 218-969–3611 or 218-969-0609.
Sold for $148,863
$148,863
2927 2nd Ave W, Hibbing, MN 55746
4beds
1,500sqft
MultiFamily
Built in 1930
-- sqft lot
$165,700 Zestimate®
$99/sqft
$1,171 Estimated rent
Home value
$165,700
$139,000 - $192,000
$1,171/mo
Zestimate® history
Owner options
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$1,171/mo
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$1,171/mo
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$762/mo
Est. payment
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$762/mo
Est. payment
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List your homeWhat's special
Elegant dining room
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Other
Cooling
- Central
Appliances
- Included: Dryer, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Carpet, Hardwood
- Basement: Unfinished
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,500 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Stucco
Details
- Parcel number: 140017000490
Construction
Type & style
- Home type: MultiFamily
Materials
- Wood
- Roof: Shake / Shingle
Condition
- Year built: 1930
Community & HOA
Location
- Region: Hibbing
Financial & listing details
- Price per square foot: $99/sqft
- Tax assessed value: $128,200
- Annual tax amount: $1,938
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2024 | Sold | $148,863-12.4%$99/sqft |
Source: Public Record Report a problem | ||
| 1/30/2024 | Pending sale | $169,900$113/sqft |
Source: Owner Report a problem | ||
| 12/5/2023 | Listed for sale | $169,900$113/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,938 +131.3% | $128,200 +3.1% |
| 2023 | $838 +16.1% | $124,300 +37.8% |
| 2022 | $722 +1.7% | $90,200 +14.5% |
| 2021 | $710 | $78,800 -0.1% |
| 2020 | $710 | $78,900 |
| 2019 | $710 -7.8% | $78,900 -11.4% |
| 2018 | $770 -1.8% | $89,100 |
| 2017 | $784 +1.8% | $89,100 +1.3% |
| 2016 | $770 +9.1% | $88,000 +49.9% |
| 2015 | $706 +2.9% | $58,700 -8.6% |
| 2014 | $686 +8.4% | $64,200 +16.1% |
| 2013 | $633 -1.6% | $55,300 |
| 2012 | $643 -8.9% | $55,300 -42.6% |
| 2010 | $706 | $96,400 |
| 2009 | $706 +94.2% | $96,400 +33.9% |
| 2008 | $363 -9.6% | $72,000 +8.3% |
| 2007 | $402 -3.3% | $66,500 |
| 2006 | $415 -21.3% | $66,500 |
| 2004 | $528 +9.3% | $66,500 +7.3% |
| 2003 | $483 +33% | $62,000 +9.9% |
| 2002 | $363 -10% | $56,400 +4.4% |
| 2001 | $403 -5.8% | $54,000 +3.4% |
| 2000 | $428 | $52,200 |
Find assessor info on the county website
Neighborhood: 55746
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Nearby schools
GreatSchools rating
- NAGreenhaven Elementary SchoolGrades: 2-3Distance: 2.6 mi
- 7/10Lincoln Middle SchoolGrades: 4-7Distance: 3.6 mi
- 8/10Hibbing High SchoolGrades: 8-12Distance: 3.8 mi
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- Minnesota
- Saint Louis County
- Hibbing
- 55746
- 2927 2nd Ave W