About This Home
This 6-bedroom, 3-bathroom multi-family at 1511 E 4th St in Duluth, MN is listed for $349,900 ($82 per sqft). Built in 1905, the home offers 4,244 sqft of living space on a 0.16 acres lot.
Key Features
- Built in 1905
- 0.16 acre lot
- 3 stories
Property Details
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!
Monthly Cost Estimate
$1,871/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, 3-bathroom multi-family at 1511 E 4th St is listed at $349,900 ($82/sqft). The estimated monthly payment is $1,871 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1905, 0.16 acre lot, 3 stories.
This property is listed by Jordan Decaro and can be reached at (952) 829-2900.



