915 W 3rd St, Duluth, MN 55806
- Added:
- Jun 4, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 4 at 1:06 pm
Property Features for 915 W 3rd St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Rooms
- Basement, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Parking
- 2
- Parking features
- Off Street
- Patio and Porch features
- Porch
- Interior features
- Hardwood Floors
- EntryLevel
- Main,Upper
- Exterior features
- Porch
- Basement Y/N
- 1
- Standard status
- Active
- APN
- 010-1270-01930
- Size
- 1,808 SF
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 2930
Utilities
- Heating system
- Hot Water (Heating), Natural Gas
Building Details
- Year built
- 1924
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Wood
- Architectural style
- Other
Listing agent Stephanie Linde (218) 343-2506
Listing office Real Estate Consultants 4893 Lakeway Drive, Duluth, MN (218) 724-9000
Listing date Jun 4, 2026
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
- Duplex built in 1924 with 2 units, including a basement with laundry facilities
- Upper unit has 2 BRs and rents for $1,420/mo with a lease through end of July; limited Lake Superior views
- Lower unit has 2 BRs and was previously rented for $1,350/mo; currently vacant for an owner/occupant sale
- Hardwood floors in both units plus a porch at the front
- Upper unit includes a new kitchen and bath; newer hot water heater
- Parking includes a 2‑car garage off the alley plus 2 off‑street parking spots
Overview
The upper unit has limited Lake Superior views. Off-street parking is available with a 2-car garage accessible from the alley, along with two additional parking spots. The home has a quaint front porch, and the property is positioned for convenience to hospitals, downtown activities, and the freeway.
From an owner-occupant standpoint, the main floor 2BR unit can support comfortable living while the upper tenancy helps offset expenses; the upper unit is currently leased through the end of July. For investors, the property provides the opportunity to rent both units, with the lower unit currently vacant following a previous rental history when sold for an owner-occupant scenario. A practical fit for tenants or buyers seeking a maintained, ready-to-operate duplex with in-house laundry and dedicated parking.
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 | $24.4k | $13.50 |
| − Vacancy | −$1.4k | −$0.77 |
| EGI | $23.0k | $12.73 |
| − OpEx | −$6.9k | −$3.82 |
| NOI | $16.1k | $8.91 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Duluth
- County
- St. Louis
- State
- Minnesota
- Longitude
- -92.113495
- Latitude
- 46.780151
