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$380,000
Est. payment /mo
7 Beds
2 Baths
1,963 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,963 sqft
Price per Sqft $193
Subdivision Portland Div Of Town Of Duluth
MLS Listing ID 7152058
Bedrooms 7
Full Baths 2
Year Built 1913
Annual Tax Amount $3,260
Tax Year 2026
Contingent None
Lot Size 3,484 Sqft
Lot Dimensions 25x140
Property Sub-Type Single Family
Property Description
INVESTMENT OPPORTUNITY IN EAST HILLSIDE! This 7-bedroom, 2-bathroom single-family home offers a strong rental history and excellent proximity to both UMD and CSS, located just 1.5 miles from each campus. Originally built as a single-family home, the property was previously converted to a duplex and later converted back to a single-family home. The property remains plumbed for a duplex and features two electrical service panels, offering flexibility for a future owner. The current lease runs through May 2027, providing immediate rental income, and the property has maintained a zero-vacancy history since 1991. Recent improvements include new stove, two refrigerators, dishwasher, new washer and dryer, dehumidifier, and a walkout basement. Capital improvements include a new sewer line and insulation. The property also features four off-street parking spaces, ample street parking, and a bus stop just one block away. An active City of Duluth rental license is in place through7/1/2028, with the last inspection completed 8/15/2025. Current rent is $3,785/month with tenants paying utilities. 2026 property taxes are $3,294 and insurance is approximately $1,441 annually.
Location
State MN
County St. Louis
Zoning Residential-Single Family
Rooms
Basement Full, Partially Finished
Interior
Heating Boiler
Cooling None
Fireplace No
Exterior
Parking Features On-Street Parking Only
Building
Story Two
Foundation 1963
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Duluth
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Listed by Jordan DeCaro • RE/MAX Results
NEARBY SCHOOL & BUSINESS
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