Licensed Triplex with Front
For Sale
$259,000
201 E McCuen St, Duluth, MN 55808
MULTI-FAMILY, Duluth, MN
Property Size2,288 SF
Lot Size0.12 Acres
Price / SF$113.20
Days on Market48
Property Features for 201 E McCuen St
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Basement, Bathroom 2, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 3
Lot features
Corner Lot
Elementary school district
Duluth #709
Middle school district
Duluth #709
High school district
Duluth #709
Directions
Take Commonwealth Avenue, left on McCuen St, house on left.
Subdivision
LSAR
Standard status
Active
APN
010-3430-01940
Size
2,288 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3534
Utilities
Heating system
Natural Gas, Forced Air, Electric (Heating)
Amenities
front porch
Building Details
Year built
1914
Floors in Building
2
Number of units
3
Roof type
Shingle
Listing Agency:
RE/MAX Results · RE/MAX International
(952) 829-2900
Listed By:
Mark Sams · License #40913067
(218) 393-4414
Added: Aug 19
Changed: Sep 14
Last Checked: Oct 5 at 3:06PM
MLS# 6127447
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.
Investment Insights
Based on property information with market context.
This 2,288-square-foot triplex sits on a 0.12-acre lot and was built in 1914. The property includes vinyl siding, a shingle roof, a spacious front porch, and a basement. The room inventory identifies four bedrooms and three bathrooms, while heating is provided through electric, natural gas, and forced-air systems.
The triplex is fully licensed and configured as a rental property. Its exterior improvements include a newer roof and durable vinyl siding, with the front porch adding covered outdoor space. The property is located in Duluth, Minnesota, in St. Louis County.
The triplex is fully licensed and configured as a rental property. Its exterior improvements include a newer roof and durable vinyl siding, with the front porch adding covered outdoor space. The property is located in Duluth, Minnesota, in St. Louis County.
Key Highlights
- Fully licensed triplex
- 2,288 square feet on a 0.12‑acre lot
- Four bedrooms, three bathrooms, and a basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,389
Cap Rate
7.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$407,780
$407.8K
Cap Rate 7%
$291,271
$291.3K
Cap Rate 9%
$226,544
$226.5K
Market Conditions
NOI Build-Up for 2,288 SF
Gross rent
$30.9K $13.50/SF
− Vacancy
−$1.8K −$0.77/SF
EGI
$29.1K $12.73/SF
− OpEx
−$8.7K −$3.82/SF
NOI
$20.4K $8.91/SF
Area
St. Louis County, MN
Vacancy
5.70%
Lease Rate
$13.50 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$407,780
Cap Rate 7%
$291,271
Cap Rate 9%
$226,544
Alternative Uses
Best Use
Multifamily LT 5
$291.3K
$254.9K – $339.8K
NOI $20,389 @ 7.0% cap · market cap 7.87%
Second Best
Apartment 5plus
$267.7K
$234.2K – $312.3K
NOI $18,737 @ 7.0% cap · market cap 7.23%
Theoretical Best
Specialty Retail
$887.6K
$776.6K – $1.04M
NOI $62,129 @ 7.0% cap · market cap 23.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Explore this area
Business Placement
Demographics for 55808, MN
5,943
Population
2,786
Households
2.1
Avg Household Size
40
Median Age
21%
College-Educated
93%
High-School Grad
12.0 sq mi
ZIP Area
495
Density / Sq Mi
$59,808
Median Household Income
$45,987
Median Earnings
$933
Median Rent
$157,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property with vinyl siding, a basement, and electric, natural gas, and forced-air heating.
Where is this triplex located?
The property is located at 201 E McCuen St Duluth, MN.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Fully licensed triplex; 2,288 square feet on a 0.12‑acre lot; Four bedrooms, three bathrooms, and a basement
