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2525-2527 W 2nd St, Duluth, MN 55806

Duluth
Local realty services provided by:CENTURY 21 Atwood
2525-2527 W 2nd St,Duluth, MN 55806
$314,900
  • 4 Beds
  • 4 Baths
  • 2,960 sq. ft.
  • Multi-family
  • Active
Listed by: jordan decaro
Office: re/max results
MLS#:6128481
Source:MN_DAAR

Price summary

  • Price:$314,900
  • Price per sq. ft.:$106.39

About this home

Fully leased fourplex with a rental license already in place. All four units are 1 bedroom, 1 bath, approximately 740 sq ft each, with current rents of $850, $865, $850, and $900, for $3,465/month in gross rent. Tenants pay their own electric and trash. The owner covers fuel, water, and sewer. The property has natural gas forced-air heat, low-maintenance vinyl siding, a full stone basement, and 4 off-street parking spaces, which is hard to find on this stretch of W 2nd St. Staggered lease expirations through 2027 give a new owner steady income and flexibility to adjust rents over time. Annual taxes are $3,686. It’s a solid hold for a seasoned investor or a turnkey first step into multifamily in Duluth. Call the listing office to schedule a showing.

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Home facts

  • Year built:1886
  • Listing ID #:6128481
  • Added:6 day(s) ago
  • Updated:October 21, 2026 at 02:51 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Basement Description:Full
  • Living area:2,960 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1886
  • Building area:2,960 sq. ft.
  • Lot area:0.16 Acres
  • Construction Materials:Vinyl
  • Foundation Description:Stone

Utilities

  • Water:City

Finances and disclosures

  • Price:$314,900
  • Price per sq. ft.:$106.39
  • Tax amount:$3,686 (2026)
2026, Lake Superior Area REALTORS, Inc. MN_DAAR Member Broker: Kevin Sharkey

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