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    Duluth, MN Multifamily Properties for Sale

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    Hermantown, MN Cloquet, MN Saginaw, MN
    13 results
    Duluth Duplex: Investment Opportunity
    $549,900
    3,183 SF

    Duluth Duplex: Investment Opportunity

    1432 E 4th St, Duluth, MN 55805

    High-performing duplex in Duluth's East Hillside neighborhood.

    • High‑performing duplex investment property with strong income potential, currently leased for $4,700/month with tenants paying all utilities.
    • Located in the heart of Duluth’s East Hillside neighborhood, near local colleges, downtown Duluth, and Lake Superior.
    • Each unit features 5 bedrooms, two refrigerators, and a dishwasher, accommodating large tenant groups.
    • Ample off‑street parking available, a highly desirable feature for multi‑tenant housing.
    • Features a newer roof, adding value and peace of mind.
    Updated: May 28
    View details
    Spacious Duplex with Income Potential
    $500,000
    2,912 SF

    Spacious Duplex with Income Potential

    2417 Vermilion Rd, Duluth, MN 55803

    High-capacity duplex with excellent income potential in Duluth, Minnesota.

    • High‑capacity duplex with exceptional income potential.
    • Each unit features 5 bedrooms and 2 full bathrooms.
    • Must be purchased with neighboring single‑family rental at 2425 Vermilion Rd, offering portfolio expansion.
    • Identical unit layouts simplify management and ensure consistency.
    • Equipped with electric heat and air exchanger for efficiency.
    Updated: Mar 23
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    Corner Lot Mixed-Use Opportunity
    $250,000
    2,920 SF

    Corner Lot Mixed-Use Opportunity

    Value-add property with income potential in a strategic location.

    2502 W 3rd St, Duluth, MN 55806
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    Versatile Duplex on Corner Lot
    $249,900
    2,648 SF

    Versatile Duplex on Corner Lot

    4-bedroom, 3-bath home with income potential in Duluth, MN.

    1103 99th Ave W, Duluth, MN 55808
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    Duluth Acre Lot with Views
    $425,000
    1.01 Acres

    Duluth Acre Lot with Views

    One acre lot zoned R-2, permit ready for apartments.

    xxx E 2nd St, Duluth, MN 55812
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    East End Investment Property
    $239,900
    849 SF

    East End Investment Property

    Investment property with two separate dwellings on one lot.

    1026 E 3rd St, Duluth, MN 55805
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    Updated Duplex with Two 2BR Units
    $289,900
    1,808 SF

    Updated Duplex with Two 2BR Units

    Well-kept duplex with hardwood floors, updated upper finishes, and in-basement laundry plus garage and off-street parking.

    915 W 3rd St, Duluth, MN 55806
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    Well-Maintained Duplex in Duluth, MN
    $209,900
    2,684 SF

    Well-Maintained Duplex in Duluth, MN

    Duplex with long-term tenants, renovated unit, and convenient location.

    3019 Restormel St, Duluth, MN 55806
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    Duluth Duplex with Lake Views
    $249,000
    2,208 SF

    Duluth Duplex with Lake Views

    Centrally located Duluth duplex with income potential and lake views.

    523 N 1st Ave E, Duluth, MN 55805
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    Spacious Home in Lincoln Park
    $240,000
    2,372 SF

    Spacious Home in Lincoln Park

    Three-story home with flexible layout options in Lincoln Park.

    2424 W 2nd St, Duluth, MN 55806
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    Gary New Duluth Investment Opportunity
    $295,000
    3,216 SF

    Gary New Duluth Investment Opportunity

    Bar, apartments, and outdoor recreation area for sale.

    1321 Commonwealth Avenue, Duluth, MN 55808
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    Massive Redevelopment Opportunity in Duluth
    $1,595,000
    37,000 SF

    Massive Redevelopment Opportunity in Duluth

    37,000 SF property ready for redevelopment in vibrant neighborhood.

    2032 W Superior St, Duluth, MN 55806
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    Downtown Duluth Building with Lakeview
    $749,000
    5,750 SF

    Downtown Duluth Building with Lakeview

    Three-level building in downtown Duluth with potential for various uses.

    118 E Superior St, Duluth, MN 55802
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 13 Active listings in Duluth, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Unit Duplex with Garage
    $209,900
    1,728 SF

    Two-Unit Duplex with Garage

    Well-built duplex with split utilities, newer north-side windows, and separated two-stall garage for tenant use.

    1301 Cypress Ave, Superior, WI 54880
    View details
    Updated Mixed-Use Investment Opportunity
    $950,000
    3,304 SF

    Updated Mixed-Use Investment Opportunity

    Updated mixed-use property with apartments and commercial spaces in Biwabik,MN.

    400 Main S Street, Biwabik, MN 55708
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    Mixed-Use Building on Winter Street
    $215,000
    2,200 SF

    Mixed-Use Building on Winter Street

    Mixed-use building with storefront and apartment near downtown.

    1717 Winter Street, Superior, WI 54880
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    Biwabik Mixed-Use Investment Opportunity
    $950,000
    3,304 SF

    Biwabik Mixed-Use Investment Opportunity

    Updated mixed-use property with apartments and commercial spaces in Biwabik, MN.

    400 Main Street S, Biwabik, MN 55708
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Near Freeway
    $799,000
    9.20 Acres

    Commercial Land Near Freeway

    9 acre commercial property near freeway in Hinckley, Minnesota.

    101 Morris Avenue, Hinckley, MN 55037
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    Pine River Twp Waterfront Land
    $499,900
    30.20 Acres

    Pine River Twp Waterfront Land

    30.2 acres with 720 feet of shoreline.

    Backus, MN 56435
    View details
    Residential Land in Lakes Country
    $109,900
    10.00 Acres

    Residential Land in Lakes Country

    10 acres near lakes with well, septic, and electric.

    Laporte, MN 56461
    View details
    Land for Multi-Family Housing
    $249,900
    2.16 Acres

    Land for Multi-Family Housing

    2.16 acre lot zoned for multi-family housing development.

    1610 7th Avenue E, Alexandria, MN 56308
    View details

    Off-Market Properties in Duluth, MN

    Consider similar Off-Market properties in Duluth, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    702 54th W Ave
    APARTMENT HOUSE (5+ UNITS)
    9,715 SF Lot: 0.29 Acres
    Estimated value
    $810,000

    702 54th W Ave, Duluth, MN 55807-2000

    View details
    209 27th W Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,272 SF Lot: 0.08 Acres
    Value Estimation by Request

    209 27th W Ave, Duluth, MN 55806-1848

    View details
    317 24th W Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,280 SF Lot: 0.08 Acres
    Value Estimation by Request

    317 24th W Ave, Duluth, MN 55806-1527

    View details
    811 1st St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,481 SF Lot: 0.21 Acres
    Value Estimation by Request

    811 1st St, Duluth, MN 55806-3802

    View details
    102 14th E Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,912 SF Lot: 0.11 Acres
    Value Estimation by Request

    102 14th E Ave, Duluth, MN 55805-2413

    View details
    316 2nd E Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,226 SF Lot: 0.07 Acres
    Value Estimation by Request

    316 2nd E Ave, Duluth, MN 55805-1722

    View details
    2732 3rd St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,518 SF Lot: 0.08 Acres
    Value Estimation by Request

    2732 3rd St, Duluth, MN 55806-3806

    View details
    220 Pecan Ave
    APARTMENT HOUSE (5+ UNITS)
    28,800 SF Lot: 6.42 Acres
    Estimated value
    $3,200,000

    220 Pecan Ave, Duluth, MN 55811-2753

    View details
    432 59th W Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,480 SF Lot: 0.10 Acres
    Value Estimation by Request

    432 59th W Ave, Duluth, MN 55807-3739

    View details
    Duluth, MN 55805
    APARTMENT HOUSE (5+ UNITS)
    53,550 SF Lot: 0.24 Acres
    Estimated value
    $5,460,000

    Duluth, MN 55805

    View details
    2820 3rd St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,907 SF Lot: 0.16 Acres
    Value Estimation by Request

    2820 3rd St, Duluth, MN 55806-1765

    View details

    Duluth, MN Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Duluth, MN, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 69,472 square feet of properties for sale, with an estimated market value of $5,877,400.

    Sale prices for multifamily properties in Duluth, MN start at $209,900, averaging $452,107, and reaching up to $1,595,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Duplexes 9
    Apartment buildings 4
    Short term rental properties 1

    Property Size Breakdown

    The majority of commercial real estate listings in Duluth fall within the 10,000 to 25,000 square foot range.

    Demographics Overview

    Population 119K
    Population Growth (5Y) +1.6%
    Median Household Income $76,777
    College Educated 36.3%

    High-Yield Neighborhoods for Investment

    Identify Duluth submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    55808 $272.5K
    55805 $365.9K
    55812 $425K
    55803 $500K
    55806 $573.7K

    Taxes & Financing

    Tax Rate (average for all types) 2.67%
    Property Tax per SF $14.83 per sq ft
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

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