12 E 5th St

Duluth MN 55805

2550 sq. ft.

0.16 ac.

Duplex

Currently for sale - view listing

Overview

Investment opportunity in a convenient Duluth location! This 2,250 sq. ft. triplex offers three separate units and plenty of upside. Unit A features 2 bedrooms and 1 bath, Unit B offers 2 bedrooms and 1 bath, and Unit C offers 1 bedroom and 1 bath. Extra Info The property is conveniently located near downtown Duluth, area hospitals, bus lines, and other amenities. It also has a strong rental history, with the units historically showing solid occupancy. Extra Info Recent improvements include a roof replacement in 2019, a water heater in 2024, and a newer shower surround in Unit A. The property is in need of significant updating and repair, including siding, furnace, ceiling tiles, bathrooms, flooring, and additional cosmetic improvements throughout. Extra Info With its existing three-unit layout, established rental history, and opportunity to renovate and reposition the property, this could be a great project for an investor, contractor, or owner looking to build equity and increase future rental income. Bring your ideas and make the most of the potential here.

Features

5 bedrooms

3 bathrooms

2550 sq. ft. floor area

0.16 ac. lot size

Duplex

Property history for 12 E 5th St

2022

Sold

$130,000

28 Jan 2022 by Patrick Walsh, of REMAX Synergy | Forest Lake

2018

Sold

Undisclosed

21 Dec 2018 by Kristi DuCharme, of REMAX Results | Duluth

2010

Sold

$97,000

17 Sep 2010

Happy sellers in Duluth

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