1426 - 1428 E 1st Street, Duluth, MN 55805

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1893
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Residential-Multi-Family
Foundation Size: 2064
For Sale or Lease: For Sale
Acres: 0.11
Lot Dimensions: 50x100
Assessment Pending: No
Other Parking Spaces: 0
Garage Stalls: 0

Property Features

Accessible: None Air Conditioning: None CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Residential Exterior: Vinyl Foundation: Stone Fuel: Natural Gas Heating: Boiler; Hot Water; Radiator Loan Terms: Contract for Deed Lock Box Type: None On Site Utilities: Electric Common; Heating Common Owner Pays: All Utilities; Electricity; Gas; Insurance; Lawn; Lawn; Maintenance/Repair; Management; Sewer; Taxes; Trash Collection; Water Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 475000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1426 - 1428
Street Direction Prefix: E
Street Name: 1st
Street Suffix: Street
Postal City: Duluth
County: St. Louis
State: MN
Zip Code: 55805
Complex/Dev/Subdivision: Endion Div Of Duluth

Assessments

Tax With Assessments: 5238
Assessment Balance: 0

Building Information

Building Finished SqFt: 4828
Building SqFt: 4828

More Information

Income and Expenses

Annual Electric Expense: 6936
Annual Fuel Expense: 5568
Annual Gross Income: 64800
Annual Insurance Expense: 3912
Annual Trash Expense: 1800

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Sale Options

Sale Includes: Building, Land

Unit 1

Unit Number: Yes
Monthly Rent: 1000
Three-Quarter Baths: Yes
Total Bathrooms: Yes
Level: Main Level
Leased?: Yes
Lease Expiration Date: 2026-04-30
No. of 1 Bedroom Units: Yes

Unit 2

Full Baths: Yes
Lease Expiration Date: 2026-07-03
Leased?: Yes
Level: 2nd Level
Monthly Rent: 1100
Total Bathrooms: Yes
Total Bedrooms: Yes
Unit Number: 2

Unit 3

No. of 3 Bedroom Units: Yes
Full Baths: Yes
Lease Expiration Date: 2026-05-31
Leased?: Yes
Level: 2nd Level
Monthly Rent: 900
Total Bathrooms: Yes
Unit Number: 3

Unit 4

Lease Expiration Date: 2026-04-30
Leased?: Yes
Level: Main Level
Monthly Rent: 1000
Three-Quarter Baths: Yes
Total Bathrooms: Yes
Unit Number: 4

Unit 5

Full Baths: Yes
Lease Expiration Date: 2026-02-23
Leased?: Yes
Monthly Rent: 1450
Total Bathrooms: Yes
Total Bedrooms: 3
Unit Number: 5

Unit Details

Total Units: 5

Unit Information

No. of Efficiency Units: 3

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: N 100 FT
Listing City: Duluth
Map Page: 999
Municipality: Duluth
School District: Duluth
School District Phone: 218-336-8700
Zip Plus 4: 2138
Property ID Number: 010148004880
Tax Year: 2025
Tax Amount: 5238
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Own a little piece of Duluth with this rare find 5 unit apartment complex near Lake Superior boardwalk. All units are rented and the roof have been recently replaced. Three studio units, a single one bedroom and a single three bedroom. Rents total $5400/month. Owner pays utilities. Beautiful hardwoods and spacious apartments ranging from 444 sq ft to 1090 sq ft. Near the University of Minnesota Duluth and College of St. Scholastica in Duluth’s East End. The East End offers a variety of parks, restaurants, shops, and cafes. Leif Erikson Park/Duluth Rose Garden offers access to exceptional views of Lake Superior, and close proximity to Lake walk and Downtown. Very near Chester Creek offering hikers stunning waterfall views and hiking.
Directions: E 1st Street

Accessible

None: Yes

Air Conditioning

None: Yes

Construction Status

Previously Owned: Yes

Exterior

Vinyl: Yes

Foundation

Stone: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes
Hot Water: Yes
Radiator: Yes

Lock Box Type

None: Yes

Owner Pays

All Utilities: Yes
Electricity: Yes
Gas: Yes
Insurance: Yes
Lawn: Yes
Maintenance/Repair: Yes
Management: Yes
Sewer: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes

On Site Utilities

Electric Common: Yes
Heating Common: Yes

CMU Style

Apartments/Multi Family: Yes

Current Use

Residential: Yes

Loan Terms

Contract for Deed: Yes