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    Two-Unit Duplex with In-Place Rentals Title is generated by Realmo AI

    224 E 6th St, Duluth, MN 55805

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    Claim this Listing
    New
    For Sale
    $275,000

    MULTI_FAMILY - Duluth, MN

    Property size:
    1,936 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $142/SF
    Added:
    Jun 17, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 18 at 4:06 pm

    Property Features for 224 E 6th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 4, Basement
    Patio and Porch features
    Porch
    Exterior features
    Porch
    Basement
    Unfinished, Block
    Standard status
    Active
    APN
    010127004710
    Size
    1,936 SF
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    2368

    Utilities

    Heating system
    Radiant, Oil, Natural Gas

    Building Details

    Year built
    1916
    Floors in Building
    2
    Number of units
    2
    Roof type
    Shingle

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    Listing Contact
    Jordan Kirschner

    Listing agent Jordan Kirschner

    Listing office eXp Realty, LLC- MN White Bear Lake, MN

    Listing date Jun 17, 2026

    MLS# 6126139 Listing URL

    Copyright © 2026 Lake Superior Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Up/down duplex with 2 bedrooms and 1 bathroom in each unit
    • Rental income in place: upper unit leased at $1,095/month; lower unit $1,075/month
    • Lower unit updates underway, including fresh paint and new stainless steel kitchen appliances
    • Basement laundry with separate washer and dryer for each unit
    • Lower unit is rented with a secure 12‑month lease
    • Porch, shingle roof; heated with natural gas, radiant, and oil; built in 1916

    Overview

    This up/down duplex offers two separate 2-bedroom, 1-bathroom units with functional layouts. The property includes basement laundry with separate washer and dryer for each unit, supporting tenant convenience and independence. The lower unit is currently undergoing updates, including fresh paint and new stainless steel kitchen appliances, and it is also now rented with a lease term through the next 12 months. The upper unit is leased at $1,095 per month, and the lower unit is leased at $1,075 per month.

    Located in Duluth, the property sits quietly just minutes from Canal Park, providing an easy fit for tenants who want to be near area destinations. Access and frontage details are not provided in the available information.

    For investors or owner-operators seeking a straightforward duplex configuration, the current in-place rental structure and the ongoing lower-unit improvements can help support continued leasing and tenant appeal. Each unit’s dedicated laundry setup is a practical feature that many renters value, and the unit-by-unit lease status helps define near-term occupancy. For a closer look at the updates and finishes underway, schedule a private showing.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $26.1k $13.50
    − Vacancy −$1.5k −$0.77
    EGI $24.6k $12.73
    − OpEx −$7.4k −$3.82
    NOI $17.3k $8.91
    1,936 SF · lease $13.50/SF/yr · vacancy 5.70% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $246.5K
    $215.7K – $287.5K (±1% cap)
    NOI $17,252 @ 7.0% cap · market cap 6.27%
    Second Best
    Apartment 5plus
    $226.5K
    $198.2K – $264.2K (±1% cap)
    NOI $15,854 @ 7.0% cap · market cap 5.77%
    Theoretical Best
    Specialty Retail
    $751.0K
    $657.1K – $876.2K (±1% cap)
    NOI $52,570 @ 7.0% cap · market cap 19.12%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Duluth
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.101172
    Latitude
    46.793394

    FAQs

    What type of property is this?
    Duplex - Up/down duplex with two leased units, basement laundry, and ongoing lower-unit updates for practical rental readiness.
    Where is this duplex located?
    The property is located at 224 E 6th St Duluth, MN.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Up/down duplex with 2 bedrooms and 1 bathroom in each unit; Rental income in place: upper unit leased at $1,095/month; lower unit $1,075/month; Lower unit updates underway, including fresh paint and new stainless steel kitchen appliances
    More about this property
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