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507 N 56th Ave W, Duluth, MN 55807

Local realty services provided by:CENTURY 21 Atwood
507 N 56th Ave W,Duluth, MN 55807
$229,900
  • 6 Beds
  • 2 Baths
  • 3,200 sq. ft.
  • Multi-family
  • Active
Listed by: emilie silker
Office: realty group llc. - forest lake
MLS#:6123625
Source:MN_DAAR

Price summary

  • Price:$229,900
  • Price per sq. ft.:$71.84

About this home

Cash-Flowing Investment Property with Upside Potential or a great property for personal use. 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. The property includes a converted garage currently configured as a one-bedroom unit, offering flexible additional living space. This area may serve a variety of uses such as a guest suite, home office, studio, or

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Home facts

  • Year built:1910
  • Listing ID #:6123625
  • Added:1 day(s) ago
  • Updated:February 14, 2026 at 11:19 AM

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:$229,900
  • Price per sq. ft.:$71.84
  • Tax amount:$2,020 (2026)
2026, Lake Superior Area REALTORS, Inc.

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