1-3/201 6th Street

Duluth MN 55805

2250 sq. ft.

Multi-Family

Last sold for $245,000

David Meyer, last sold this property on 29 December 2025 after 19 days on market.

Overview

Cash flowing triplex. Full occupancy, great location close to downtown. 2 BR's, 1 bath in the middle and upper unit. 1BR in the lower unit. Middle unit has a large pantry that is big enough for a 3rd bedroom. Water Heater was new in 2021. The upper unit has a deck off the back and the middle unit has a front porch. The lower unit has a front sitting area as well. Tenants pay electric. Up the hill a bit so some views of the lake and harbor area. Rents total $41,400 per year - Upper unit $1,200, Middle unit $1,300 and Lower unit is $950/month. Total 2024 expenses = $15,481. Don't miss this great investment opportunity or great for an owner occupant. Financials listed are for the current tenants moving forward. See supplements for previous years P/L - lots of deferred maintenance completed on the building in this owners tenure. 1 water heater for lower level unit and 1 for the middle and upper units. 1 forced air furnace and lower level unit has a supplemental source. No laundry on site. Unit 1 & 2 pay electric, unit 3 is on the house meter. Tenants handle snow removal. Owner handles lawn.

Features

5 bedrooms

3 bathrooms

2250 sq. ft. floor area

Multi-Family

Estimated Value

We need at least 3 similar 5 bedroom multi families sold in Duluth over the last 12 months.

Property history for 1-3/201 6th Street

2025

Sold

$245,000

29 Dec 2025 by David Meyer, of RE/MAX Advantage Plus

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