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1127 E 3rd St, Duluth, MN 55805

Duluth
Local realty services provided by:CENTURY 21 Atwood
1127 E 3rd St,Duluth, MN 55805
$349,900
  • 5 Beds
  • 3 Baths
  • 2,388 sq. ft.
  • Multi-family
  • Active
Listed by: neal jacobi
Office: heirloom realty, llc.
MLS#:6125077
Source:MN_DAAR

Price summary

  • Price:$349,900
  • Price per sq. ft.:$146.52

About this home

Turnkey triplex in the heart of East Hillside with two units leased and one vacant. Move in, lease up, or refresh to increase rents. This solid stucco two-story has been well maintained and offers a classic Duluth multi-family footprint with good bones and strong income from day one. Unit 1 is a 2 bed/1 bath leased at $1,125/mo. Unit 2 is a vacant 1 bed/1 bath ready for an owner-occupant or new tenant at market. Unit 3 is a 2 bed/1 bath leased at $1,200/mo. Tenants pay all utilities except electric. Off-street parking on site. At $349,900, this one pencils under the 1% rule at market rents. Walkable to Chester Park, Chester Creek trails, UMD, and downtown Duluth with convenient access to bus service. Strong rental demand in this corridor makes this a low-risk hold with long-term upside.

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Home facts

  • Year built:1881
  • Listing ID #:6125077
  • Added:54 day(s) ago
  • Updated:July 06, 2026 at 03:24 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Basement:Yes
  • Basement Description:Full
  • Living area:2,388 sq. ft.

Heating and cooling

  • Heating:Boiler, Natural Gas

Structure and exterior

  • Year built:1881
  • Building area:2,388 sq. ft.
  • Lot area:0.16 Acres
  • Construction Materials:Stucco
  • Foundation Description:Stone

Utilities

  • Water:City

Finances and disclosures

  • Price:$349,900
  • Price per sq. ft.:$146.52
  • Tax amount:$5,132 (2026)
2026, Lake Superior Area REALTORS, Inc. MN_DAAR Member Broker: Kevin Sharkey

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