Multifamily

Duluth, MN Multifamily Properties for Sale

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Up-Down Duplex with Balcony
Updated: Jun 8
Up-Down Duplex with Balcony

523 N 1st Ave E, Duluth, MN 55805

$229,000
2,208 sqft 0.05 AC lot
Centrally located up/down duplex in Duluth
Year built 1896
Natural gas heating
Lower unit offers 3 bedrooms
Upper unit offers 2 bedrooms plus a private balcony and lake views
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This listing looks promising.

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523 N 1st Ave E, Duluth, MN 55805

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Duplex with Off-Street Parking
Updated: May 28
Duplex with Off-Street Parking

1432 E 4th St, Duluth, MN 55805

$549,900
3,183 sqft 0.24 AC lot
$4,700/month leased duplex; tenants pay all utilities for low owner utility expense responsibility
Lease runs from June 1, 2026 through May 19, 2027
Upper unit: 5 bedrooms, 1 bathroom; includes 3 bedrooms on the main level plus 2 bedrooms in the finished attic
Lower unit: 5 bedrooms, with 2 on the main floor and 3 on the lower level
Two separate boilers provide independent heating systems for each unit
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Reimagined Multifamily Residence
Reimagined Multifamily Residence

225 N 26th Ave E, Duluth, MN 55812

$1,125,000
5,169 sqft 0.32 AC lot

For-sale residential income property with multiple living areas, a chef’s kitchen, and deck access for indoor-outdoor living.

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Duplex Income Property
Duplex Income Property

2417 Vermilion Rd, Duluth, MN 55803

$500,000
2,912 sqft 0.36 AC lot

Well-maintained duplex with identical 5-bedroom units, basement laundry, and tuck-under garages plus off-street parking.

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Massive Redevelopment Opportunity in Duluth
Massive Redevelopment Opportunity in Duluth

2032 W Superior St, Duluth, MN 55806

$1,595,000
37,000 sqft

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

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Six-Unit Apartment Building
Six-Unit Apartment Building

1530-1532 E 1st St, Duluth, MN 55812

$699,000
4,566 sqft 0.10 AC lot

Well-maintained six-unit building with newer roof and off-street parking, featuring separate electrical service for each unit.

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Triplex with Coded Exterior Laundry
Triplex with Coded Exterior Laundry

1511 E 4th St, Duluth, MN 55812

$359,900
4,244 sqft 0.16 AC lot

Three licensed rental units with a secure coded exterior entrance to shared basement laundry and off-street parking.

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Turnkey Four-Unit Multifamily Property
Turnkey Four-Unit Multifamily Property

1529 E 5th St, Duluth, MN 55812

$640,000
3,050 sqft 0.09 AC lot

Impeccably maintained four-unit building with refinished hardwood, updated mechanicals, and a tuck-under garage with dedicated parking.

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Gary New Duluth Investment Opportunity
Gary New Duluth Investment Opportunity

1321 Commonwealth Avenue, Duluth, MN 55808

$295,000
3,216 sqft 0.23 AC lot

Bar, apartments, and outdoor recreation area for sale.

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Remodeled Duplex with 2-Car Garage
Remodeled Duplex with 2-Car Garage

25 E 7th St, Duluth, MN 55805

$320,000
1,760 sqft 0.16 AC lot

Completely remodeled duplex featuring updated systems, newer roof, updated bathrooms, and a two-car garage shared by each unit.

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Corner Lot Duplex with Single-Family
Corner Lot Duplex with Single-Family

2502 W 3rd St, Duluth, MN 55806

$250,000
2,920 sqft 0.08 AC lot

Demo-to-studs duplex on a corner lot with an adjacent occupied single-family rental for combined residential income.

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Side-by-Side Duplex Investment
Side-by-Side Duplex Investment

2403 & 2407 W 3rd St, Duluth, MN 55806

$399,900
3,830 sqft 0.21 AC lot

Two side-by-side duplexes totaling four rental units, each with coin-operated laundry and room for cosmetic updates.

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Two-Unit Duplex with In-Place Rentals
Two-Unit Duplex with In-Place Rentals

224 E 6th St, Duluth, MN 55805

$275,000
1,936 sqft 0.08 AC lot

Up/down duplex with two leased units, basement laundry, and ongoing lower-unit updates for practical rental readiness.

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Rented Fourplex Income Property
Rented Fourplex Income Property

2 and 4 S 16th Ave E, Duluth, MN 55812

$399,900
2,872 sqft 0.08 AC lot

Fully rented fourplex includes coin-operated laundry for added on-site income.

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Duplex with Separate Utilities
Duplex with Separate Utilities

1026 E 3rd St, Duluth, MN 55805

$239,900
849 sqft 0.08 AC lot

Two dwellings on one lot, each with separate utilities, offering straightforward residential income flexibility.

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3-Unit Multifamily Investment Property
3-Unit Multifamily Investment Property

714 E 6th St, Duluth, MN 55805

$320,000
1,600 sqft 0.16 AC lot

Three units across two buildings with split electric and gas meters, plus an active City of Duluth rental license.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 16 Active listings in Duluth, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 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.

Five-Unit Apartment Building
Five-Unit Apartment Building

1028 Banks Ave, Superior, WI 54880

$329,000
2,260 sqft 0.09 AC lot

Fully leased five-plex with updated apartments, poured-concrete basement, and recent roof and boiler upgrades.

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Mixed-Use Commercial Building
Mixed-Use Commercial Building

601 Belknap St, Superior, WI 54880

$295,000
2,000 sqft 0.14 AC lot

Flexible main-level office/retail space with two upper apartments, plus a detached 24-by-24 garage and off-street parking.

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Corner 5-Plex Income Property
Corner 5-Plex Income Property

1028 Banks Ave, Superior, WI 54880

$329,000

Fully leased 5-plex with three 1-bedroom units and two studios in a corner location.

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Residential Income Duplex with Garage
Residential Income Duplex with Garage

1303 Baxter Ave, Superior, WI 54880

$179,500

Duplex with off-street parking, detached garage, spacious yard, and a 2024 roof for an owner-occupied income setup.

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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 Development Land Parcel
Commercial Development Land Parcel

101 Morris Avenue, Hinckley, MN 55037

$799,000
9.20 AC lot

Approximately 9.2-acre commercial land parcel near highway access in Hinckley, Minnesota.

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Aitkin Lots & Land
Aitkin Lots & Land

L 3&4 B3 London Town, Aitkin, MN 56431

Contact for pricing
0.14 AC lot

Double lot in Sherwood Forest with shared amenities.

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Residential Land in Lakes Country
Residential Land in Lakes Country

30371 Old Sunset Drive, Laporte, MN 56461

$109,900
10.00 AC lot

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

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Land for Multi-Family Housing
Land for Multi-Family Housing

1610 7th Avenue E, Alexandria, MN 56308

$249,900
2.16 AC lot

2.16 acre lot zoned for multi-family housing development.

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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)

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

$810,000
Estimated value
9,715 sqft 0.29 AC lot
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209 27th W Ave
APARTMENT HOUSE (UNDER 5 UNITS)

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

Value Estimation by Request
4,272 sqft 0.08 AC lot
View details
317 24th W Ave
APARTMENT HOUSE (UNDER 5 UNITS)

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

Value Estimation by Request
3,280 sqft 0.08 AC lot
View details
811 1st St
APARTMENT HOUSE (UNDER 5 UNITS)

811 1st St, Duluth, MN 55806-3802

Value Estimation by Request
3,481 sqft 0.21 AC lot
View details
102 14th E Ave
APARTMENT HOUSE (UNDER 5 UNITS)

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

Value Estimation by Request
4,912 sqft 0.11 AC lot
View details
316 2nd E Ave
APARTMENT HOUSE (UNDER 5 UNITS)

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

Value Estimation by Request
4,226 sqft 0.07 AC lot
View details
2732 3rd St
APARTMENT HOUSE (UNDER 5 UNITS)

2732 3rd St, Duluth, MN 55806-3806

Value Estimation by Request
2,518 sqft 0.08 AC lot
View details
220 Pecan Ave
APARTMENT HOUSE (5+ UNITS)

220 Pecan Ave, Duluth, MN 55811-2753

$3,200,000
Estimated value
28,800 sqft 6.42 AC lot
View details

Duluth, MN Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Duluth, MN, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 76,175 square feet of properties for sale, with an estimated market value of $7,647,700.

Sale prices for multifamily properties in Duluth, MN start at $229,000, averaging $509,846, 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

Commercial property segments ranked by active listings on the market

Duplexes 9
Apartment buildings 4
Quadplexes 3
Triplexes 1

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 average listing prices of real estate assets

Neighborhood Average Price
55808 $295K
55805 $322.8K
55803 $500K
55812 $529.5K
55806 $589.8K

Taxes & Financing

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

Listings Trend

New vs delisted commercial listings in St. Louis County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in St. Louis County

Retail

Office

Property Size Breakdown

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

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