MLS: #7025989, Listed By: Nicholas Burns, Coldwell Banker Realty - Dulut, Source:FargoMoorhead Area Association of REALTORS

Active

1316 E 2nd Street

Duluth, MN 55805

$264,900 $1,116/Mo

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Overview

Bed

Bath

1,868

Sqft

0.16

Acre(Lot)

Description

Well-maintained and recently refreshed, this strong-performing 5-bedroom, 2-bath single-family rental is a turnkey investment opportunity! Fully leased and properly licensed generating $2,375/month in base rent, plus a $50/month tenant-paid garbage fee, offering simple and predictable income. Tucked further back from the road means more peaceful living and a larger front yard for entertaining! A nice wrap around driveway brings you to an attached 2 stall garage, offering ample parking and flex space. Recent updates include fresh interior paint throughout and kitchen improvements completed last year: featuring new flooring, countertops, and sink. New roof in 2023! Inside and out, this property is ready to go, easy to own and simple to maintain! Ideally located just minutes from the hospital and the UMD campus, this property benefits from consistent rental demand. A solid, low-maintenance asset well-suited for investors seeking reliable cash flow in a prime location.

Property Details

Property Type : Residential

Price : $264,900

AD Id : 75596093

MLS Id : 7025989

Beds : 5

Lot Size : 0.16 Acre

Living Area Size : 1,868

Year Built : 1915

Garage : 2

County : Saint Louis

Subdivision: Inglenook

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 5

Bathroom Information

Total Baths: 2 Full Baths: 2

Room Information

Rooms Total: 10 Has Basement: Yes Basement: Partially Finished, Concrete
Roofing Information

Shingle
Interior Features

Roof: Shingle
Heating & Cooling

Has Heating: Yes Heating: Radiant Cooling: None

Building Information

Year Built: 1915 Building Area Total: 2242 Stories: 2 Private Pool: No

Lot Information

Lot Dimensions: 50 x 140 Main Square Feet: 0.16 Acres Lot Size Acres: 0.16 Lot Size Square Feet: 6969.6

Property Information

Subdivision: Endion Div Of Duluth Source Property Type: Residential Property SubType: Single Family Residence Levels: Two Property Age: 111

Listing Price Information

Listing Price: $264900

Tax Information

Parcel Number: 010148005150 Annual Tax: $3106

Garage Information

Has Garage: Yes Garage Space: 2

Location Information

Direction: from downtown, E 2nd st toward toward N 4th Ave W, house will be on right. WaterSource: Public

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At $141.81 per sq.ft.,this listing is priced below average compared to other homes from Duluth.

The average homes price in Duluth is $370202.62 with avg. price / sq.ft of $2102.04.

The average homes price in Saint Louis County is $373818.81 with avg. price / sq.ft of $2100.74.

How much is this property worth?

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1324 E 2nd Street, Duluth, MN, 55805	$274,900	4	2	1,573	1,573 SqFt
1027 E 9th Street, Duluth, MN, 55805	$250,000	2	2	1,259	1,259 SqFt
409 E 6th Street, Duluth, MN, 55805	$169,900	4	2	1,194	1,194 SqFt
706 E 11th Street, Duluth, MN, 55805	$229,900	2	1	1,154	1,154 SqFt

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ByOwner last updated this listing 04/06/2026 @ 23:04

MLS: 7025989 LISTED BY: Nicholas Burns, Coldwell Banker Realty - Dulut 218-728-5161 SOURCE: FargoMoorhead Area Association of REALTORS