Property profile

2231 3RD ST Duluth, MN 55806

OFF-MARKET
Apartment House
Property ID
US46-0160606
5,644 SF Built 1890
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Property summary

AI-generated overview

This Lincoln Park multi-family property is a 7-plex building containing approximately 5,644 square feet of living area on a 0.4-acre lot. The building has spacious two-bedroom units, each with its own water heater, and is served by a boiler heat system with heat zoning by floor. A sprinkler system is installed, and each unit includes a separate electrical panel. Off-street parking is provided via a paved (blacktop) parking lot for tenants, and there are coin-operated laundry facilities with two sets of washer and dryer units. The property also includes a four-stall garage.

Property profile

Verified
Property type Apartment House
Year built 1890
Total area 5,644 SF
APN 010-1180-01040
UPID US46-0160606

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Apartment Building

Location

2231 3RD ST Duluth, MN 55806
Duluth metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2022
Last sale
$425,000
1 recorded transaction
2022
$425,000
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