2 and 4 S 16th Ave E Duluth, MN 55812

$399,900
Active
estimated monthly payment
6 Beds  |  4 Baths  |  2,872 Sq Ft  |  Multi Family  |  MLS # 6126831
  • 2 and 4 S 16th Ave E, Duluth, MN 55812 Listing Photo  1
  • 2 and 4 S 16th Ave E, Duluth, MN 55812 Listing Photo  2
  • 2 and 4 S 16th Ave E, Duluth, MN 55812 Listing Photo  3
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  • 2 and 4 S 16th Ave E, Duluth, MN 55812 Listing Photo  7
  • 2 and 4 S 16th Ave E, Duluth, MN 55812 Listing Photo  8
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  • 2 and 4 S 16th Ave E, Duluth, MN 55812 Listing Photo  12
  • 2 and 4 S 16th Ave E, Duluth, MN 55812 Listing Photo  13

About The Listing

Investor opportunity! This fully rented fourplex offers immediate income and strong cash flow potential, meeting the sought-after 1% rule for rental investments. Includes coin operated laundry for additional income.The property is structurally and mechanically sound, providing a solid foundation for value-add improvements. While it could use some cosmetic updates the major components are in place, allowing investors to build equity and maximize rental income with renovations. Whether you're expanding your portfolio or looking for your next value-add investment, this is a great opportunity to acquire a cash-flowing asset with significant upside.


Listing courtesy of RE/MAX Results
Purchase Price
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Property Details

Features

 
 
 
Property Type: Other
Status: Active
Year Built: 1891
MLS #: 6126831
Bedrooms: 6
Square Feet: 2,872
Price Per Square Foot: $139
Garage Spaces: 0
Sewer Description: Public Sewer
Water: City
Heat Type: Forced Air
Basement: Full
Foundation Type: Stone
Construction Description: Wood
Days On Market (Continuous): 2
Latest Update: 07/18/2026
List Date: 07/17/2026
Listing Agent ID: AdamPaulson
Listing Office: RE/MAX Results
Listing Office ID: 31196
Data Source: LSAR - Lake Superior Area REALTORS
Lot Dimensions: 50x70
Lot Size: 0.08 Acres
School District: Duluth #709
Tax Year: 2026
Estimated Taxes: $5,238
City: Duluth
Zip: 55812
Area: LSAR
County: St. Louis County
State: MN

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Listing last updated: 07/18/26

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