New search
Property profile & analytics
OFF-MARKET
Residential income homes
2617 3rd St, Duluth, MN 55806-1840
Entity Owned
4-yr Hold
Property ID
US46-1105511
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1906
Total area
3,688 SF
Lot
0.16 ac (7,000 SF)
Zoning code
R3
APN
010-1180-02140
UPID
US46-1105511
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Zenith City Design and Renovation LLC General Contractor
-
Salyards Mansion Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Harrison Land Co LLC · 4 yrs held
Harrison Land Co LLC
since 2021
Last sale
$305,000
7 recorded transactions
Zoning & alternative use
R3 · Duluth, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Duluth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Duluth submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$4,912
Tax year 2024
Assessed value
$235,300
Assessed 2022
Previous assessed
$209,800
+12.2% YoY
Effective rate
2.09%
On assessed value
Assessed land
$28,000
Assessed improvement
$207,300
Land market value
$28,000
Improvement market value
$207,300
Total market value
$235,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1906
Heating
FORCED AIR
Cooling
NONE
Stories
2
Units
4
Total area
3,688 SF
Lot
0.16 ac (7,000 SF)
Zoning code
R3
APN
010-1180-02140
UPID
US46-1105511
Jurisdiction
ST LOUIS
Zoning & alternative use
R3 · Duluth, MN
Zoning R3 · permitted uses
R3 · Duluth, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Duluth. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1906
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
4
Lot
0.16 ac
Current owner
From public records · entity-resolved
Harrison Land Co LLC
Entity
Mailing address
5024 S PYRITE RD, FLAGSTAFF, AZ 86005-7097
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2021
$1,250,500
Harrison Land Co LLC
Timothy J Allen
Warranty Deed
$1,080,400 · Members Cooperative Cu
Dec 7, 2021
$305,000
Dv3c Properties LLC
Aw Yount Properties LLC
Warranty Deed
—
Jan 3, 2018
—
Timothy J Allen
—
Deed
related
$335,000 · Western Nat'l Bk
Aug 15, 2016
—
Ag Thomson House LLC
—
Deed
related
$108,000 · Private Individual
Feb 5, 2014
$149,900
Aw Yount Properties LLC
Oxson Properties LLC
Warranty Deed
$130,000 · Republic Bk
Apr 1, 2005
—
Oxson Properties LLC
Fox,william S & Jane
Quit Claim Deed
related
—
Jan 11, 2005
$225,172
William S Fox
Rlh Investments INC
Warranty Deed
$180,000 · Wells Fargo Bank NA
—
—
Aw Yount Properties LLC
—
Loan Modification
related
$180,000 · Republic Bk
—
—
Aw Yount Properties LLC
—
Deed Of Trust
related
$393,000 · Bell Bk
—
—
2617perties LLC
—
Loan Modification
related
—
—
—
Aw Yount Properties LLC
—
Deed Of Trust
related
$393,000 · Bell Bk
—
—
Aw Yount Properties LLC
—
Loan Modification
related
$402,500 · Bell Bk
—
—
Aw Yount Properties LLC
—
Loan Modification
related
$402,500 · Bell Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2617 3rd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
