Corner Lot Residential Income
For Sale
$235,000
2502 W 3rd St, Duluth, MN 55806
MULTI-FAMILY, Duluth, MN
Property Size2,920 SF
Lot Size0.08 Acres
Price / SF$80.48
Days on Market42
Property Features for 2502 W 3rd St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 5, Bedroom 2, Bedroom 4
Lot features
Corner Lot, Pub. Trans (w/in 6 blks)
Elementary school district
Duluth #709
Middle school district
Duluth #709
High school district
Duluth #709
Directions
corner of 25th Ave West & 3rd St
Subdivision
LSAR
Standard status
Active
APN
010-1140-04240
Size
2,920 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2155
Utilities
Heating system
Natural Gas
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Roof type
Shingle, Rubber
Listing Agency:
RE/MAX Results · RE/MAX International
(952) 829-2900
Listed By:
Steve Braman · License #RA-20553337
(952) 829-2900
Added: Jul 11
Changed: Aug 19
Last Checked: Aug 21 at 1:06AM
MLS# 6123758
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 residential income property on a corner lot in Duluth, MN includes an unfinished duplex that has been taken down to the studs, with demo complete. Layout plans are available in the photos and supplements to support completion. The offering also references an occupied single-family rental next door, with the duplex configuration described as potentially supporting two duplex units plus the existing single-family home once finished.
Public remarks indicate the property sits directly across from a park, and that a newly completed 20th Street bridge enhances accessibility and connectivity.
According to the listing, the property is zoned Mixed-Use, with the buyer instructed to verify intended use.
Public remarks indicate the property sits directly across from a park, and that a newly completed 20th Street bridge enhances accessibility and connectivity.
According to the listing, the property is zoned Mixed-Use, with the buyer instructed to verify intended use.
Key Highlights
- Corner lot directly across from the park, offering immediate adjacent rental income from an occupied single‑family home.
- Unfinished duplex has been taken down to the studs with demo complete, creating a blank‑slate project for completion.
- Layout plans are available in the photos and supplements to help guide the duplex build‑out.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
683
Businesses Nearby
Explore this area
Business Placement
Demographics for 55806, MN
9,761
Population
4,848
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
93%
High-School Grad
3.4 sq mi
ZIP Area
2,871
Density / Sq Mi
$44,962
Median Household Income
$33,868
Median Earnings
$910
Median Rent
$156,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Unfinished duplex on a corner lot in Duluth with demo complete to the studs and layout plans available.
Where is this duplex located?
The property is located at 2502 W 3rd St Duluth, MN.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Corner lot directly across from the park, offering immediate adjacent rental income from an occupied single‑family home.; Unfinished duplex has been taken down to the studs with demo complete, creating a blank‑slate project for completion.; Layout plans are available in the photos and supplements to help guide the duplex build‑out.
