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About This Home
This 6-bedroom, 1-bathroom multi-family at 1511 E 4th St in Duluth, MN is listed for $359,900 ($85 per sqft). Built in 1905, the home offers 4,244 sqft of living space on a 0.16 acres lot.
This well-maintained triplex offers an outstanding investment opportunity in a highly desirable location near local colleges, medical centers, downtown amenities, and major employment hubs. Featuring three licensed rental units, the property provides strong income potential, flexibility, and long-term rental appeal.
Unit 1 is currently vacant and being marketed for rent at $1,600 per month with the owner paying utilities, offering an excellent opportunity to secure a new tenant at market rent or occupy the unit yourself. Unit 2 is leased at $1,300 per month through July 30, 2027, providing stable long-term income.
Unit 3 is currently vacant and being marketed for rent at $1,200 per month with all utilities included, creating additional upside for future cash flow. All three units have solid rental histories, and the property maintains a current rental license. Tenants enjoy comfortable living spaces, ample off-street parking, and shared access to a full base
ment with laundry facilities accessible through a secure coded exterior entrance—an uncommon and highly desirable amenity for rental properties in this area. Whether you're looking to expand your investment portfolio, occupy one unit while generating income from the others, or secure a versatile multi-family property in a strong rental market, this triplex checks all the boxes.
With two vacant units offering immediate leasing or owner-occupancy opportunities and one unit providing stable income through 2027, this property presents an attractive combination of flexibility and investment potential. Schedule your showing today!
Key Features
- Built in 1905
- 0.16 acre lot
- 3 stories
Property Details
Amenities
Monthly Cost Estimate
$1,925/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1511 E 4th St
Duluth, MN 55812
Property Details
Heating
Questions & Answers
This 6-bedroom, 1-bathroom multi-family at 1511 E 4th St is listed at $359,900 ($85/sqft). The estimated monthly payment is $1,560 based on 20% down at 6.5% interest.
Key features include: Built in 1905, 0.16 acre lot, 3 stories.
This property is listed by Jordan DeCaro and can be reached at 2184280861 or jordan@decarorealestate.com.




