Residential Income

Two Harbors, MN Residential Income Properties for Sale

Notify Me
List
Map
Duluth, MN Port Wing, WI Brimson, MN Poplar, WI Herbster, WI Hermantown, MN Beaver Bay, MN South Range, WI
6 properties
Furnished Duplex with Deck
Updated: Aug 5
Furnished Duplex with Deck

621 3rd Ave, Two Harbors, MN 55616

$455,900
2,473 sqft 0.10 AC lot
2,473‑square‑foot duplex on a 0.1‑acre lot
Lower unit has 3 bedrooms, 3 bathrooms, kitchen, and dining area
Upper unit includes 1 bedroom and 1 bathroom
Private laundry and separate utilities for both units
Furnished property with deck, garage, backyard, and off‑street parking
View details
Updated Duplex with Three-Bedroom Unit
Updated: Sep 9
Updated Duplex with Three-Bedroom Unit

508 4th Ave, Two Harbors, MN 55616

$324,900
1,746 sqft 0.16 AC lot
1,746‑square‑foot duplex on a 0.16‑acre lot
Upper apartment includes three bedrooms and a private entry
Lower residence updated with new flooring, kitchen, and bathroom
Exterior improvements include new siding, windows, decking, and stairs
Basement provides storage and on‑site laundry
View details
Updated Duplex with Private Entry
Updated Duplex with Private Entry

508 4th Ave, Two Harbors, MN 55616

$324,900
924 sqft

Two-unit property with refreshed interiors, exterior improvements, basement storage, and on-site laundry.

View details
Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Updated Furnished Duplex
Updated Furnished Duplex

621 3RD Avenue, Two Harbors, MN 55616

$455,900
2,473 sqft

Two-unit property with separate utilities, private laundry, outdoor space, garage, and off-street parking in Two Harbors.

View details
Updated Triplex With Mini-Splits
Updated Triplex With Mini-Splits

227 South Ave, Two Harbors, MN 55616

$419,000
2,060 sqft

Three residential units feature refreshed finishes, upgraded mechanical systems, and dedicated laundry areas.

View details
Burlington Bay Lake Superior Condos
Burlington Bay Lake Superior Condos

1412 Burlington Road, Two Harbors, MN 55616

Contact for pricing
1,250 sqft

Condos with lake views, indoor pool, hot tub, and more.

View details
Based on your search, we've compiled 49 Potential Opportunities for your consideration. Besides 6 Active listings in Two Harbors, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 35 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.

Duplex Property with Deck
Duplex Property with Deck

225 N 26th Ave E, Duluth, MN 55812

$999,000
5,169 sqft 0.32 AC lot

Multiple living areas and flexible rooms support work, guests, or multigenerational living.

View details
Duplex with Five-Bedroom Units
Duplex with Five-Bedroom Units

2417 Vermilion Rd, Duluth, MN 55803

$500,000
2,912 sqft 0.36 AC lot

The matching residences each have two full bathrooms and share basement laundry facilities.

View details
Two-Unit Duplex with Matching Layouts
Two-Unit Duplex with Matching Layouts

2417 Vermilion Rd, Duluth, MN 55803

$500,000
2,912 sqft

Each residence includes five bedrooms, two full bathrooms, and an open-concept living and kitchen area.

View details
Residential Income Property
Residential Income Property

1727 E Superior Street, Duluth, MN 55812

$655,000
3,032 sqft

Residential property with multi-family and single-family zoning, natural gas service, and a full fence.

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.

Duluth Acre Lot with Views
Duluth Acre Lot with Views

E 2nd St, Duluth, MN 55812

$399,000
1.01 AC lot

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

View details
Hermantown Acreage for Residential Use
Hermantown Acreage for Residential Use

3969 Haines Rd lot: 3.98 Surveyed Acres, Hermantown, MN 55811

$220,000
3.98 AC lot

3.98 acre lot in Hermantown for residential development.

View details
Residential Lot in Superior, WI
Residential Lot in Superior, WI

44 N 21st St E, Superior, WI 54880

$45,000
0.52 AC lot

Half-acre residential lot with utilities in a convenient location.

View details
Residential Lot in Superior, WI
Residential Lot in Superior, WI

36 N 21st St E, Superior, WI 54880

$47,500
0.52 AC lot

Half-acre residential lot with utilities nearby, ideal for building.

View details

Off-Market Properties in Two Harbors, MN

Consider similar Off-Market properties in Two Harbors, 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.

426 1st Ave
GARDEN APT, COURT APT (5+ UNITS)

426 1st Ave, Two Harbors, MN 55616-1614

Estimated value:
$635,000
4,179 sqft
View details
414 1st Ave
GARDEN APT, COURT APT (5+ UNITS)

414 1st Ave, Two Harbors, MN 55616-1614

Estimated value:
$300,000
2,571 sqft
View details
632 1st Ave
GARDEN APT, COURT APT (5+ UNITS)

632 1st Ave, Two Harbors, MN 55616-1506

Estimated value:
$405,000
2,300 sqft
View details
601 1st Ave
GARDEN APT, COURT APT (5+ UNITS)

601 1st Ave, Two Harbors, MN 55616-1568

Estimated value:
$270,000
3,216 sqft
View details
532 1st Ave
GARDEN APT, COURT APT (5+ UNITS)

532 1st Ave, Two Harbors, MN 55616

Estimated value:
$1,405,000
7,290 sqft
View details
602 1st Ave
GARDEN APT, COURT APT (5+ UNITS)

602 1st Ave, Two Harbors, MN 55616-1692

Estimated value:
$140,000
1,775 sqft
View details
123 Waterfront Dr
GARDEN APT, COURT APT (5+ UNITS)

123 Waterfront Dr, Two Harbors, MN 55616-1525

Estimated value:
$155,000
1,000 sqft
View details
15 Waterfront Dr
GARDEN APT, COURT APT (5+ UNITS)

15 Waterfront Dr, Two Harbors, MN 55616-1523

Estimated value:
$135,000
2,552 sqft
View details
420 1st Ave
GARDEN APT, COURT APT (5+ UNITS)

420 1st Ave, Two Harbors, MN 55616-1632

Estimated value:
$245,000
1,879 sqft
View details
402 13th Ave
GARDEN APT, COURT APT (5+ UNITS)

402 13th Ave, Two Harbors, MN 55616-1267

Estimated value:
$1,010,000
23,956 sqft 2.75 AC lot
View details
120 4th Ave
GARDEN APT, COURT APT (5+ UNITS)

120 4th Ave, Two Harbors, MN 55616-1465

Estimated value:
$280,000
6,931 sqft 0.16 AC lot
View details
712 3rd Ave
GARDEN APT, COURT APT (5+ UNITS)

712 3rd Ave, Two Harbors, MN 55616-1557

Estimated value:
$280,000
2,160 sqft
View details
606 1st Ave
GARDEN APT, COURT APT (5+ UNITS)

606 1st Ave, Two Harbors, MN 55616

Estimated value:
$255,000
1,050 sqft
View details
Two Harbors, MN 55616
GARDEN APT, COURT APT (5+ UNITS)

Two Harbors, MN 55616

Estimated value:
$380,000
3,152 sqft
View details
Two Harbors, MN 55616
GARDEN APT, COURT APT (5+ UNITS)

Two Harbors, MN 55616

Estimated value:
$420,000
4,600 sqft
View details
115 7th St
GARDEN APT, COURT APT (5+ UNITS)

115 7th St, Two Harbors, MN 55616-1528

Estimated value:
$260,000
1,300 sqft
View details
431 2nd Ave
GARDEN APT, COURT APT (5+ UNITS)

431 2nd Ave, Two Harbors, MN 55616-1646

Estimated value:
$265,000
2,190 sqft
View details
325 7th St
GARDEN APT, COURT APT (5+ UNITS)

325 7th St, Two Harbors, MN 55616-1533

Estimated value:
$245,000
1,388 sqft
View details

Two Harbors, MN Residential Income Properties Market Trends and Statistics

Explore 41 residential income properties for sale in Two Harbors, MN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 10,926 square feet of properties for sale, with an estimated market value of $1,980,600.

Sale prices for residential income properties in Two Harbors, MN start at $324,900, averaging $396,120, and reaching up to $455,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 6
Duplexes 4
Short term rental properties 3
Triplexes 1

Demographics Overview

Population 7,277
Population Growth (5Y) +5.7%
Median Household Income $77,242
College Educated 33.2%

High-Yield Neighborhoods for Investment

Identify Two Harbors submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
55616 $396.1K

Taxes & Financing

Tax Rate (average for all types) 2.07%
Property Tax per SF $29.64 per SF
Tax Rate vs County Average 0.13 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings

Why this one?
Saved
Reason not saved — we won't ask again