Building Details

Year built 1900

Number of units 2

Building materials Wood Frame

Roof type Shingle

Listing Agency: z' Up North Realty Show Phone

Listed By: Brittany Bakken · License #40701562 Show Phone

Added: Jul 7 Changed: Aug 3 Last Checked: Aug 26 at 9:06PM

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MLS# 149540

Copyright © 2026 Range 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 duplex offers two separate 2-bedroom, 1-bath units. The upper unit includes two bedrooms and one bathroom, while the lower unit includes two bedrooms, one bathroom, and laundry. The home is constructed with wood frame materials and has a shingle roof. Built in 1900, the property includes a garage, with parking next to the 1-stall garage and a large yard.

Parking is provided via offsite, garage, and on-street options. Exterior features include the garage, and the property is zoned Res.

Updates have been made in each unit. There is also potential to add a third unit above the garage to create additional income opportunities, depending on feasibility and approvals.

Key Highlights

• 1650 SF duplex with two 2‑bedroom, 1‑bath units
• Lower unit includes laundry in addition to two bedrooms and one bath
• Large yard with parking next to the 1‑stall garage

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Nail Salon Auto Repair Shop Pharmacy

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

100%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

183

Businesses Nearby

Explore this area Business Placement

Demographics for 55734, MN

5,964

Population

3,516

Households

1.7

Avg Household Size

46

Median Age

25%

College-Educated

96%

High-School Grad

78.2 sq mi

ZIP Area

76

Density / Sq Mi

$65,750

Median Household Income

$47,015

Median Earnings

$851

Median Rent

$143,700

Median Home Value

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 - Wood-frame duplex in Res zoning with two 2-bedroom units, laundry in lower unit, and garage-area parking.

Where is this duplex located?

The property is located at 205 Fayal Rd Eveleth, MN.

What is the asking price?

The asking price for this property is $99,900.

What are key features of this property?

This property features: 1650 SF duplex with two 2‑bedroom, 1‑bath units; Lower unit includes laundry in addition to two bedrooms and one bath; Large yard with parking next to the 1‑stall garage