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About This Home

This 10-bedroom, 4-bathroom multi-family at 2417 Vermilion Rd in Duluth, MN is listed for $500,000 ($172 per sqft). Built in 2003, the home offers 2,912 sqft of living space on a 0.36 acres lot.

Agent Description

High-Capacity Duplex with Exceptional Income Potential in Excellent Condition Welcome to 2417 Vermilion Rd—an impressive duplex offering spacious layouts and outstanding rental potential. With identical units, this property is ideal for investors seeking consistency and strong occupancy appeal.

Each unit features 5 bedrooms and 2 full bathrooms, providing ample space for tenants and maximizing rental income. The open-concept living area flows seamlessly into the kitchen, creating a functional and inviting space for everyday living and gathering.

Both units mirror each other in layout and design, making management straightforward and efficient. Shared laundry is conveniently located in the basement, and the tuck-under garage offers excellent storage space for the owner or landlord. The duplex is equipped with electric heat and an air exchanger, supporting efficiency and year-round comfort.

With plenty of off-street parking, this property becomes even more attractive—when paired with the neighboring single family rental at 2425 Vermilion Rd, offering a unique opportunity to expand your investment portfolio side-by-side. With plenty of off-street parking and large unit sizes that are hard to find, this property stands out as a high-performing investment opportunity.

Spacious, functional, and income-generating—this is a property you don’t want to miss. ***THIS PROPERTY MUST BE PURCHASED WITH 2425 Vermilion Rd***

Key Features

  • Built in 2003
  • 0.36 acre lot
  • 2 stories
  • 6 parking spaces

Property Details

2 stories
4 full
6 spaces
2003

Amenities

Basement

Monthly Cost Estimate

$2,674/mo

20% down · 6.5% · 30 years

Principal$362
Interest$2,167
Insurance$146

Estimates only. Actual payments may vary.

Location

2417 Vermilion Rd

Duluth, MN 55803

Property Details

Parking

Off Street

Heating

Electric (Heating)

Appliances

DishwasherRangeRefrigeratorWasher

Questions & Answers

This 10-bedroom, 4-bathroom multi-family at 2417 Vermilion Rd is listed at $500,000 ($172/sqft). The estimated monthly payment is $2,167 based on 20% down at 6.5% interest.

Key features include: Built in 2003, 0.36 acre lot, 2 stories, 6 parking spaces.

This property is listed by Tracy Ramsay and can be reached at 2183906747 or tracy@tracyramsay.com.

TR

Tracy Ramsay

Agent at RE/MAX Results

(218) 390-6747

Listed by RE/MAX Results · View on Broker Site

MLS# 6124160· Source: listhub· Updated today

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.

2417 Vermilion Rd, Duluth, MN 55803

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