Login

507 N 56th Ave W, Duluth, MN 55807

Local realty services provided by:CENTURY 21 Atwood
507 N 56th Ave W,Duluth, MN 55807
$239,900
  • 6 Beds
  • 2 Baths
  • 3,200 sq. ft.
  • Multi-family
  • Active
Listed by: emilie silker
Office: realty group llc. - forest lake
MLS#:6123373
Source:MN_DAAR

Price summary

  • Price:$239,900
  • Price per sq. ft.:$74.97

About this home

Cash-Flowing Investment Property with Upside Potential Excellent opportunity to acquire a high-performing investment property currently operating as a furnished, month-to-month rental with a proven income history. The main home features 5 bedrooms, each rented individually at approximately $690/month, producing consistent demand and minimal vacancy. Tenants have been respectful and reliable, with typical turnover limited to one to two rooms per month, allowing for flexibility and rent optimization. The property has seen a lot of updates in recent years, including remodeled bathrooms, a remodeled kitchen, and a new roof, and replaced exterior and interior doors, in 2017 HVAC, plumbing, electrical, sheetrock and windows were also done. An ADU on the property is already generating income at $800/month, with clear upside for increased rents once completed. The ADU currently has electricity and water connected but was not fully or properly finished and will require a lot of additional

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1910
  • Listing ID #:6123373
  • Added:12 day(s) ago
  • Updated:January 29, 2026 at 06:38 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Living area:3,200 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1910
  • Building area:3,200 sq. ft.
  • Lot area:0.07 Acres

Utilities

  • Water:City

Finances and disclosures

  • Price:$239,900
  • Price per sq. ft.:$74.97
  • Tax amount:$2,020 (2026)
2026, Lake Superior Area REALTORS, Inc.

New listings near 507 N 56th Ave W