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Listed price in listed location currency (USD).
$265,000

320

MLS® 7028751

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 2259 sqft
Garage Yes
Taxes $2,370
Days Active 0
Lot Size 
Approx. Age 1891
Avg. Price Per Sqft $117
MLS® Number 7028751

Property Address: 722 E 3rd St, Duluth, MN, 55805-3975

Average square foot calculated using Size range provided by listing agent.

Description

Discover the perfect blend of historic character and modern industrial design in this unique up-and-down duplex. Situated in a prime area for rentals in Duluth near hospitals, bus lines, and downtown, this property is an ideal addition to a portfolio or a perfect owner-occupy opportunity. Step into the lower unit a 1 bedroom, 1 bath completely reimagined main-level unit, where classic Duluth architecture meets a modern open-concept layout with a stunning industrial/unfinished aesthetic. Honestly with the exposed brick, industrial aesthetic, and the high ceilings it feels like it could be a New York City style artists loft. The upper-level unit offers a well-maintained, classic apartment layout that is both clean, spacious and freshly painted since purchase. Unit provides a comfortable living environment and is currently occupied by a reliable tenant, ensuring immediate rental income for the new owner. While it retains its original charm, the space is move-in ready and serves as a perfect complement to the modern industrial main floor. Upper unit rents as a 2 bedroom, but unit has a 3rd bedroom currently being used as its laundry room complete with new washer/dryer. A new owner could move these machines to the basement (there are hookups) if a 3rd BR is desired for a higher ROI. Both units can access the lower level walk-out through back hallway/stairway. Basement area has a tuck under parking space, loads of storage, a 1/2 bath, and possibly future potential to reimagine the space. The backyard space received a fresh update by removing some unneeded trees, (helped view from units, can now peek a boo Lake Superior) adding a new deck, fence, & new sod. Making this area a plus for tenants as a back yard space, or kept as a private yard for a owner occupant buyer. Whether you are a owner occupant looking for your 1st home/rental property, (live in one side, rent other) or a seasoned investor this property is worth the time it takes to go check out.
MLS® Number7028751
Laundry LevelMain Level, Other, In Unit, Upper Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1891
BasementFull, Shared Access, Single Tenant Access, Storage Space, Unfinished, Walkout
DrivewayDriveway - Other Surface, Other, Tuckunder Garage
Garage Spaces1
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 6, 2026List Date
$265,000List Price
Apr 2, 2024End Date
$232,000Sold Price

Sold

Mar 13, 2024List Date
$195,000List Price

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