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Updated Duplex with Woodwork
For Sale
$195,000
Pending

419 Michigan Ave, Duluth, MN 55806

Income-producing two-level property with remodeled interiors, tenant laundry, and a fenced rear yard.

Property Size2,406 SF
Days on Market16

Property Features for 419 Michigan Ave

General Information

Standard status Pending
Size 2,406 SF
Property subtype Residential Income
Occupancy 100%

Financials

Gross Income $26,700
Average Monthly Rent $1,112

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,922

Amenities

onsite laundry
fenced yard

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Coldwell Banker Realty - Duluth
Listed By: Alysa Bjorklund Wishart
Source: Exprealty
Added: Aug 6 Changed: Aug 20 Last Checked: Aug 20 at 10:21AM

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 Coldwell Banker Realty - Duluth

Investment Insights

Based on property information with market context.

This two-level duplex at 419 Michigan Ave in Duluth includes 2 beds and 1 bath in each unit. Interior improvements include remodeled kitchens and bathrooms, updated plumbing, newer vinyl windows in multiple areas, refreshed flooring and paint, and a newer hot water heater. Original character remains through woodwork, built-ins, and hardwood floors.

Both residences are currently rented. The property also provides onsite laundry for tenants and a small fenced yard behind the building. The practical unit layouts and completed updates offer a straightforward residential income property configuration.

Key Highlights

  • 2 beds and 1 bath in each unit
  • Both units currently rented
  • Remodeled kitchens and bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Law Firm Hair Salon Pharmacy (Bike/Boat/Book/etc) Store Grocery & Convenience 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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

376
Businesses Nearby

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

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 - Income-producing two-level property with remodeled interiors, tenant laundry, and a fenced rear yard.
Where is this duplex located?
The property is located at 419 Michigan Ave Duluth, MN.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 2 beds and 1 bath in each unit; Both units currently rented; Remodeled kitchens and bathrooms
More about this property
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