1916 Lawn Street

Duluth MN 55812

2520 sq. ft.

0.11 ac.

Single-Family

Last sold for $325,000

David Meyer, last sold this property on 01 May 2026 after 36 days on market.

Overview

Excellent cash-flowing rental property located just one block from the main UMD parking lot. This is an ideal opportunity for investors or for parents seeking housing for a student attending UMD or the College of St. Scholastica. Thanks to its highly desirable location, the home has never experienced a vacancy and has been well-maintained. With five bedrooms, the property’s rental income comfortably covers operating expenses and mortgage costs. The main level offers an inviting, open layout, a gas fireplace for cozy evenings and includes an additional refrigerator for tenant convenience. The rental license is active and fully transferable. The floor plan features two bedrooms and a full bath on the main level, along with three bedrooms and a 3/4 bath in the lower level. Most windows were replaced just before the current owners purchased the property. The living room, dining room, and all lower-level lookout windows have been updated within the past 3 years. A significant recent upgrade is the brand-new 2025 boiler, which also functions as an on-demand water heater. This efficient system helps keep heating costs low by eliminating the need to maintain a full tank of hot water and removes the future expense of replacing a traditional water heater. Current rent is $2,875 per month with the lease expiring on May 31, 2026. All tenants are vacating the property. The next 12 month rental cycle is projected at $3,000 per month, still below comparable nearby properties, which typically run $50–$75 higher per room. This is an outstanding opportunity to own a strong, income-producing property while also potentially providing housing for a student with a fully transferable rental license. Let this investment work for you or enjoy it as a regular single family home with excellent proximity to campus. Initial price of $339,900 was a typo.

Features

5 bedrooms

2 bathrooms

2520 sq. ft. floor area

0.11 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Duluth over the last 12 months, the estimated median property value of 1916 Lawn Street is $315k.

Median value

$315k

Estimated value range

$220k - $910k

Median days on market

Estimated value trend

-22%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Duluth. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1916 Lawn Street

2026

Sold

$325,000

01 May 2026 by David Meyer, of REMAX Advantage Plus | Eagan

Happy sellers in Duluth

We have insufficient information to provide an overview of customer satisfaction for Duluth. Viewing the agent profiles, reviews and sales for Duluth can provide insights for this location.