Property profile

1812 2ND ST Duluth, MN 55806

OFF-MARKET
Apartment House
Property ID
US46-3203534
3,733 SF Built 1891
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Property summary

AI-generated overview

This is a five-unit multi-family residential property located near Duluth’s Craft Brewery District, in an area with surrounding shops, restaurants, and nightlife. The building contains four one-bedroom units and one three-bedroom, one-bath unit, for a total interior area of 3,733 square feet, set on a 0.32-acre lot. Common laundry hookups are provided in the basement. Building updates include bathroom updates in four of the five bathrooms, replacement of all visible knob-and-tube wiring, and installation of adjustable valves on approximately 80% of the radiators, along with a multi-zone thermostat system configured to allow unit-level calling for heat with landlord-controlled minimum temperatures and remote adjustability (installation referenced as occurring by mid-October). A rental license is valid through 1/1/2028.

Property profile

Verified
Property type Apartment House
Year built 1891
Total area 3,733 SF
APN 010-1140-00090
UPID US46-3203534

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1812 2ND ST Duluth, MN 55806
Duluth metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2021
Last sale
$360,000
1 recorded transaction
2021
$360,000
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