Turnkey, high-performing 3-unit investment opportunity in Duluth’s high-demand Central Hillside corridor! Grossing an impressive $3,400 per month, this uniquely structured multi-family property features two distinct buildings on two city parcels, 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). 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".
60 days
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254
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6
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Zillow last checked:
Listing updated:
Listed by:
Alec Erickson218-481-2781,
Tim Collelo Realty, LLC
Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6126192
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 3
Heating
Natural Gas
Appliances
Laundry: In Basement
Features
Basement: Full
Interior area
Total interior livable area: 2,350 sqft
Finished area above ground: 2,350
Finished area below ground: 0
Property
Parking
Parking features: None
Lot
Size: 6,969 Square Feet
Dimensions: 6,969 sqft
Details
Parcel number: 010385000950, 010385000940
Construction
Type & style
Home type: MultiFamily
Property subtype: Triplex
Materials
Vinyl, Frame/Wood
Foundation: Concrete Perimeter
Condition
Year built: 1886
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: $128/sqft
Tax assessed value: $273,600
Annual tax amount: $2,545
Date on market: 6/19/2026
Cumulative days on market: 61 days
Tenant pays: Electricity
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$2,360/mo
Price history
Date
Event
Price
8/4/2026
Price change
$299,900-6.3%$128/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6126192Report a problem
6/19/2026
Listed for sale
$320,000+276.5%$136/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6126192Report a problem