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

3 stories
1 full
1905
Listing Description

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

Principal$253
Interest$1,516
Insurance$102

Estimates only. Actual payments may vary.

Location

1511 E 4th St

Duluth, MN 55812

Property Details

Heating

OilNatural Gas

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.

JD

Jordan Decaro

Agent at RE/MAX Results

(952) 829-2900
Agent website

Listed by RE/MAX Results · Broker phone: (952) 829-2900 · View on Broker Site · Broker website

MLS# 6127851· Source: Lake Superior Association of REALTORS®· 26 days on PropertySimple

Copyright © 2026 Lake Superior Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1511 E 4th St, Duluth, MN 55812

Open this listing in: