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Listed by Len Sarvela Edina Realty, Inc. - Duluth
$ 655,000
Est. payment | /mo
7 Beds
4 Baths
3,032 SqFt
$ 655,000
Est. payment | /mo
7 Beds
4 Baths
3,032 SqFt
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,032 sqft
Price per Sqft $216
MLS Listing ID LSA6125186
Bedrooms 7
HOA Y/N No
Year Built 1891
Annual Tax Amount $5,308
Tax Year 2026
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 100x150
Property Sub-Type Fourplex
Source lsar
Property Description
Experience this well-maintained Victorian four-plex, an ideal owner-occupancy opportunity or 1031 exchange investment with clean title, clear financials, and a flexible closing timeline. Blending historic architectural charm with modern rental stability, this property is positioned for immediate cash flow and long-term equity growth. In addition to the four residential units, a carriage house above the garage offers exciting potential for a fifth income-producing unit. The property also features a heated two-stall garage and dedicated workshop space, providing added functionality and value. Investors will appreciate the adjacent buildable lot, which presents the opportunity for future multifamily development and additional income potential. Ample off-street parking accommodates residents and guests with ease. The location is highly desirable for both tenants and owner-occupants, situated on a city bus route and within walking distance of the Lakewalk, Canal Park, and St. Luke's and Essentia Health facilities. This rare offering combines character, convenience, expansion potential, and strong investment fundamentals in one exceptional property.
Location
State MN
County St. Louis County
Area Lsar
Direction East Superior St to 1727
Rooms
Basement Crawl Space
Interior
Heating Boiler
Exterior
Exterior Feature Fenced Yard
Garage Spaces 2.0
View Y/N No
Roof Type Asphalt Shingle
Garage Yes
Building
Lot Description Tree Coverage - Medium
Story 2
Foundation Stone
Sewer Public Sewer
Water City
Structure Type Vinyl
Schools
High Schools Duluth #709
School District Duluth #709
NEARBY SCHOOL & BUSINESS
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