130 E 16th Street, Hibbing, MN 55746

$95,000
Property Type: Multi-Family Bedrooms: 4 Baths: 2 Square Footage: 2,892 Lot Size (sq. ft.): 5,663 Status: Active
Current Price: $95,000 List Date: 3/08/2026 Last Modified: 4/12/2026

Overview

Description

Fully leased upper/lower duplex, well maintained with long term tenants. Off street parking on side of property.

Listing Details MLS# 7032844

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1915
Yearly/Seasonal
Yearly
Main Floor Total SqFt
992
Above Ground SqFt
1968
Below Grd Total SqFt
924
Total SqFt
2892
Foundation Size
924
Style
(MF) Duplex Up and Down
Total Finished Sqft
1968.00
Lot Dimensions
50x150
Acres
0.13
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: None Basement: Full Construction Status: Previously Owned Exterior: Vinyl Foundation: Concrete Block Fuel: Natural Gas Heating: Hot Water Lock Box Type: Combo Owner Pays: All Utilities Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Stories: Two Tenant Pays: Broadband; Cable TV; Telephone Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
95000
ListPrice
95000
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
130
Street Direction Prefix
E
Street Name
16th
Street Suffix
Street
Postal City
Hibbing
County
St. Louis
State
MN
Zip Code
55746
Complex/Dev/Subdivision
Park Add To Hibbing

Assessments

Assessment Installment
85
Tax With Assessments
1746
Assessment Balance
0

Building Information

Finished SqFt Above Ground
1968

More Information

Income and Expenses

Annual Electric Expense
966
Annual Fuel Expense
966
Annual Gross Expenses
8296
Annual Gross Income
20760
Annual Insurance Expense
750
Annual Net Income
12464
Annual Trash Expense
483
Annual Water/Sewer Expense
483
Total Annual Expenses
8296
Annual Caretaker Expense
0
Annual Maintenance Expense
0
Annual Repair Expense
0
Misc Monthly Income
0
Misc. Annual Income
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Unit 1

Furnished?
No
Leased?
Yes
Level
Main Level
Unit Number
Yes
Annual Rent
10560
Finished SqFt
992
Full Baths
Yes
Monthly Expense
241
Monthly Rent
880
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit 2

Furnished?
No
Leased?
Yes
Level
2nd Level
Unit Number
2
Annual Rent
10200
Finished SqFt
976
Full Baths
Yes
Monthly Expense
241
Monthly Rent
850
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit Details

Total Units
2

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
Lots 15 and 16, Park Addition to Hibbing
Listing City
Hibbing
Map Page
999
Municipality
Hibbing
School District
Hibbing
School District Phone
218-263-4850
Zip Plus 4
8132
Property ID Number
140014001810
Tax Year
2026
Tax Amount
1661
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Fully leased upper/lower duplex, well maintained with long term tenants. Off street parking on side of property.
Directions
From Howard St go south on 3rd Ave E, left on E 16th St.

Accessible

None
Yes

Basement

Full
Yes

Construction Status

Previously Owned
Yes

Exterior

Vinyl
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Hot Water
Yes

Lock Box Type

Combo
Yes

Owner Pays

All Utilities
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Tenant Pays

Broadband
Yes
Cable TV
Yes
Telephone
Yes
Listing Office: Andrea Olsson Properties
IDX
Last Updated: April - 12 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.