722 E 3rd Street, Duluth, MN 55805

$265,000
Property Type: Multi-Family Bedrooms: 3 Baths: 2 Square Footage: 3,324 Lot Size (sq. ft.): 3,485 Status: Pending
Current Price: $265,000 List Date: 3/06/2026 Last Modified: 4/11/2026

Overview

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.

Listing Details MLS# 7028751

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
Yes
Waterfront Present
No
Year Built
1891
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1108
Above Ground SqFt
2216
Below Grd Total SqFt
1108
Total SqFt
3324
Foundation Size
1108
Style
(MF) Duplex Up and Down
Total Finished Sqft
2259.00
Lake/Waterfront Name
Superior
Power Company
Minnesota Power
Garage Stalls
Yes
Lot Dimensions
25X140
Acres
0.08
Assessment Pending
No

Property Features

Accessible: None Basement: Full; Shared Access; Single Tenant Access; Storage Space; Unfinished Construction Status: Previously Owned Electric: Circuit Breakers Exterior: Brick/Stone; Cedar; Shakes; Wood Fencing: Chain Link; Full; Privacy; Wood; Other Foundation: Concrete Block; Stone Fuel: Natural Gas Heating: Boiler; Hot Water Laundry: In Unit; Main Level; Other; Upper Level Lot Description: Tree Coverage - Light Owner Pays: Fuel; Maintenance/Repair; Sewer; Water Parking Characteristics: Tuckunder Garage; Other Road Frontage: City Street; Paved Streets; Sidewalks; Street Lights Road Responsibility: Public Maintained Road Roof: Flat; Rubber Sellers Terms: Cash; Conventional; FHA Sewer: City Sewer/Connected Stories: Two Tenant Pays: Broadband; Cable TV; Electricity; Trash Collection Unit 1 Amenities: Countertops-Solid Surface; Ceiling Fan(s); Hardwood Floors; Main Floor Primary Bedroom; Natural Woodwork; Primary Bedroom Walk-in Closet Unit 1 Appliances: Stainless Steel Appliances; Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Bath Description: Main Floor 3/4 Bath Unit 1 Cooling: None Unit 1 Dining Room Description: Separate/Formal Dining Rm Unit 1 Family Room Characteristics: Great Room; Main Level Unit 1 Special Search: Main Floor Bedroom; All Living Fac. on One Level; Main Floor Laundry; Main Floor Primary Unit 2 Amenities: Ceiling Fan(s); Hardwood Floors; Kitchen Window; Natural Woodwork; Paneled Doors; Tile Floors Unit 2 Appliances: Dryer; Range; Refrigerator; Washer Unit 2 Bath Description: Upper Level Full Bath Unit 2 Dining Room Description: Informal Dining Room Unit 2 Family Room Characteristics: Family Room Unit 2 Special Search: 3 BR on One Level Water: City Water/Connected

Contract Information

Off Market Date
2026-03-17
Contingency
None
Original List Price
265000
ListPrice
265000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
722
Street Direction Prefix
E
Street Name
3rd
Street Suffix
Street
Postal City
Duluth
County
St. Louis
State
MN
Zip Code
55805
Complex/Dev/Subdivision
Portland Div Of Duluth

Assessments

Tax With Assessments
2370
Assessment Balance
0

Building Information

Finished SqFt Above Ground
2216
Finished SqFt Below Ground
43

More Information

Lake Details

Lake Acres
1636356
Lake Depth
No

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
330
Tuckunder Garage
Yes
Other
Yes

Unit 1

Furnished?
No
Leased?
No
Level
Main Level
Unit Number
Yes
3/4 Baths
Yes
Finished SqFt
1108
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
6

Unit 2

Furnished?
No
Lease Expiration Date
2026-06-30
Leased?
Yes
Level
2nd Level
Unit Number
2
Annual Rent
15000
Finished SqFt
1108
Full Baths
Yes
Monthly Rent
1250
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
7

Unit Details

Total Units
2

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
LOT: 0011 BLOCK:066
Listing City
Duluth
Map Page
999
Municipality
Duluth
School District
Duluth
School District Phone
218-336-8700
DNR Lake ID#
16000100
DNR Lake Classification
General Development
Property ID Number
010383009810
Tax Year
2025
Tax Amount
2370
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
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.
Directions
35w to Lake Av (N) to Superior St (E) to 8th Av E (N) to E 3rd St (W) to home on left

Accessible

None
Yes

Basement

Full
Yes
Shared Access
Yes
Single Tenant Access
Yes
Storage Space
Yes
Unfinished
Yes

Construction Status

Previously Owned
Yes

Electric

Circuit Breakers
Yes

Exterior

Brick/Stone
Yes
Cedar
Yes
Shakes
Yes
Wood
Yes

Fencing

Chain Link
Yes
Full
Yes
Privacy
Yes
Wood
Yes
Other
Yes

Foundation

Concrete Block
Yes
Stone
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes
Hot Water
Yes

Lake/Waterfront

Lake Superior
Yes
Lake View
Yes

Laundry

In Unit
Yes
Main Level
Yes
Other
Yes
Upper Level
Yes

Lot Description

Tree Coverage - Light
Yes

Owner Pays

Fuel
Yes
Maintenance/Repair
Yes
Sewer
Yes
Water
Yes

Patio, Porch and Deck Features

Deck
Yes

Road Frontage

City Street
Yes
Paved Streets
Yes
Sidewalks
Yes
Street Lights
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Flat
Yes
Rubber
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Income and Expenses

Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Gross Expenses
0
Annual Gross Income
0
Annual Insurance Expense
0
Annual Maintenance Expense
0
Annual Net Income
0
Annual Repair Expense
0
Annual Trash Expense
0
Annual Water/Sewer Expense
0
Total Annual Expenses
0

No. of Ranges

One Per Unit
Yes

No. of Refrigerators

One Per Unit
Yes

Tenant Pays

Broadband
Yes
Cable TV
Yes
Electricity
Yes
Trash Collection
Yes

Unit 1 Amenities

Countertops-Solid Surface
Yes
Ceiling Fan(s)
Yes
Hardwood Floors
Yes
Main Floor Primary Bedroom
Yes
Natural Woodwork
Yes
Primary Bedroom Walk-in Closet
Yes

Unit 1 Appliances

Stainless Steel Appliances
Yes
Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 1 Bath Description

Main Floor 3/4 Bath
Yes

Unit 1 Cooling

None
Yes

Unit 1 Dining Room Description

Separate/Formal Dining Rm
Yes

Unit 1 Family Room Characteristics

Great Room
Yes
Main Level
Yes

Unit 1 Special Search

Main Floor Bedroom
Yes
All Living Fac. on One Level
Yes
Main Floor Laundry
Yes
Main Floor Primary
Yes

Unit 2 Amenities

Ceiling Fan(s)
Yes
Hardwood Floors
Yes
Kitchen Window
Yes
Natural Woodwork
Yes
Paneled Doors
Yes
Tile Floors
Yes

Unit 2 Appliances

Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 2 Bath Description

Upper Level Full Bath
Yes

Unit 2 Dining Room Description

Informal Dining Room
Yes

Unit 2 Family Room Characteristics

Family Room
Yes

Unit 2 Special Search

3 BR on One Level
Yes
Listing Office: RE/MAX Advantage Plus
IDX
Last Updated: April - 11 - 2026
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