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Up/Down Duplex with Basement
For Sale
$298,000

1514 E 5th St, Duluth, MN 55812

Two-unit residential property with private access to each of its three levels and basement.

Property Size3,650 SF
Price / SF$81.64
Days on Market48

Property Features for 1514 E 5th St

General Information

Standard status Active
Size 3,650 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1909
Stories 3
Listing Agency: CMRA, LLC
Listed By: Beth Wentzlaff · License #20251011
Source: Js-realty
Added: Aug 20 Changed: Oct 6 Last Checked: Oct 6 at 12:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CMRA, LLC

Investment Insights

Based on property information with market context.

This 2,390-square-foot duplex is arranged in an up-and-down configuration, with generously sized rooms and private access extending through all three levels and the basement. The layout offers two-unit functionality while also supporting conversion into a single-family residence.

Located at 1514 E 5th St in Duluth, Minnesota, the property combines a multi-level interior with a basement and flexible residential configuration. Its room sizes, access arrangement, and adaptable layout provide a clear physical foundation for either duplex occupancy or single-family use.

Key Highlights

  • 2,390‑square‑foot up/down duplex
  • Private access to all 3 levels and basement
  • Large rooms throughout the property

Property Analytics

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Current Use

DRCC Hillside Nursing Home

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Grocery & Convenience Store Barber Shop Computer & Electronic Repair (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,707
Businesses Nearby

Demographics for 55812, MN

10,571
Population
3,954
Households
2.7
Avg Household Size
27
Median Age
60%
College-Educated
98%
High-School Grad
1.9 sq mi
ZIP Area
5,564
Density / Sq Mi
$66,961
Median Household Income
$16,485
Median Earnings
$1,216
Median Rent
$301,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with private access to each of its three levels and basement.
Where is this duplex located?
The property is located at 1514 E 5th St Duluth, MN.
What is the asking price?
The asking price for this property is $298,000.
What are key features of this property?
This property features: 2,390‑square‑foot up/down duplex; Private access to all 3 levels and basement; Large rooms throughout the property
More about this property
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