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12 E 5th St, Duluth, MN 55805

$209,900
•
  • 5

    bed

  • 3

    bath

  • 2,250

    Sqft ($93/Sqft)

Multi-family for sale 1 hour
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About 12 E 5th St

Property type Multi-family
Neighborhood
Year built 1891
HOA fee $0/month
Lot size 6,970 Sqft
Movoto estimate
Property description
Investment opportunity in a convenient Duluth location! This 2,250 sq. ft. triplex offers three separate units and plenty of upside. Unit A features 2 bedrooms and 1 bath, Unit B offers 2 bedrooms and 1 bath, and Unit C offers 1 bedroom and 1 bath. Extra Info The property is conveniently located near downtown Duluth, area hospitals, bus lines, and other amenities. It also has a strong rental history, with the units historically showing solid occupancy. Extra Info Recent improvements include a roof replacement in 2019, a water heater in 2024, and a newer shower surround in Unit A. The property is in need of significant updating and repair, including siding, furnace, ceiling tiles, bathrooms, flooring, and additional cosmetic improvements throughout. Extra Info With its existing three-unit layout, established rental history, and opportunity to renovate and reposition the property, this could be a great project for an investor, contractor, or owner looking to build equity and increase future rental income. Bring your ideas and make the most of the potential here.
Listed by
Listing Agent - Eric Redlinger
Listing Office - Coldwell Banker Burnet
Source: Northstar MLS mls logo
MLS#7160321 • last updated 1 hour ago
Movoto checked Northstar MLS for data 13 minutes ago
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Overview
Heating Forced Air
Levels/Style Two
MLS # 7160321
Type Residential Income
SubType Triplex
Property Tax 2754
Tax Assessment 2754
Foreclosure (Y/N) No
Short Sale (Y/N) No
Interior
Total # of Bathrooms 3
# Bedrooms 5
Accessibility Features None
Exterior
Parking Desc Parking Lot
Amenities / Utilities
Green Features: Certified Status Pending
Water Source City Water/Connected
Location
Waterfront Lake View
County St. Louis
Subdivision Duluth Proper 1st Div East 5th
High School District Duluth
APN 10101001080
Zoning Residential-Multi-Family
Multifamily Details
Tenant Pays Broadband, Lawn Care, Snow Removal
Owner Pays Electricity, Fuel, Insurance, Taxes, Trash Collection
Total # of Units 3
Annual Gross Income 36600
Expense: Trash 600
Operating Expense 8400
Expense: Insurance 700
Expense: Maintenance 500
Expense: Water/ Sewer 1800
Expense: Electricity 2100
Expense: Fuel 2200
Expense: Other 500
Net Operating Income 28200
Lot/ Land Details
Present Use Yearly
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2/10
Myers-Wilkins Elementary
public Grades PK, K-5
Duluth Public School District
3/10
Lincoln Park Middle School
public Grades 6-8
Duluth Public School District
5/10
Denfeld Senior High School
public Grades 9-12
Duluth Public School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Duluth Proper 1st Div East 5th

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