REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Alexander Dempsey

alex@inter-state.realestate +1(715) 681-2879

Listed by Steve Braman RE/MAX Results

$235,000

Est. payment - /mo

5 Beds

3 Baths

2,920 SqFt

Save

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 2,920 sqft

Price per Sqft $80

MLS Listing ID LSA6123758

Bedrooms 5

HOA Y/N No

Year Built 1900

Annual Tax Amount $2,155

Tax Year 2025

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 70 x 50

Property Sub-Type Other

Source lsar

Property Description

Investor Opportunity with Built-In Upside! Situated on a corner lot directly across from the park, this value-add property offers the potential for three income streams in one strategic location. The unfinished duplex has already been taken down to the studs with demo complete, creating a true blank slate for your vision. Layout plans are available in the photos and supplements, allowing you to move forward with a clear path to completion. Next door sits an occupied single-family rental providing immediate income while you finish the duplex. Once completed, the property has the potential to generate revenue from two duplex units plus the existing single-family home. The newly completed 20th Street bridge enhances accessibility and connectivity, making this location even more desirable for tenants and future occupants. In addition, the property is zoned Mixed-Use, opening the door to expanded possibilities beyond traditional residential rentals—whether that's office, retail, live/work, or other income-producing concepts (buyer to verify intended use). Ideal for investors, contractors, or entrepreneurs looking to build equity and long-term cash flow in a thriving community. Strong fundamentals, prime positioning, and significant upside for the right buyer.

Location

State MN

County St. Louis County

Area Lsar

Direction corner of 25th Ave West & 3rd St

Rooms

Basement Crawl Space

Interior

Heating Natural Gas

Exterior

Parking Features On Street, None

Garage Spaces 1.0

View Y/N No

Roof Type Asphalt Shingle,Rubber

Garage Yes

Building

Lot Description Corner Lot, Pub. Transit (w/in 6 blk)

Story 2

Foundation Other

Sewer Public Sewer

Water City

Structure Type Slate

Schools

High Schools Duluth #709

School District Duluth #709

Others

Acceptable Financing Cash

Listing Terms Cash

Read Less Info

Nearby Locations

GET MORE INFORMATION

Alexander Dempsey

+1(715) 681-2879

Team Lead

2502 W 3rd St Duluth, MN 55806

Alexander Dempsey

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

GET MORE INFORMATION