1127 E 3rd St, Duluth, MN 55805 (MLS # 6125077)

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Turnkey triplex in the heart of East Hillside with two units leased and one vacant. Move in, lease up, or refresh to increase rents. This solid stucco two-story has been well maintained and offers a classic Duluth multi-family footprint with good bones and strong income from day one. Unit 1 is a 2 bed/1 bath leased at $1,125/mo. Unit 2 is a vacant 1 bed/1 bath ready for an owner-occupant or new tenant at market. Unit 3 is a 2 bed/1 bath leased at $1,200/mo. Tenants pay all utilities except electric. Off-street parking on site. At $349,900, this one pencils under the 1% rule at market rents. Walkable to Chester Park, Chester Creek trails, UMD, and downtown Duluth with convenient access to bus service. Strong rental demand in this corridor makes this a low-risk hold with long-term upside.

DAYS ON MARKET 22 LAST UPDATED 5/12/2026
YEAR BUILT 1881 COMMUNITY LSAR
COUNTY St. Louis County STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AREA LSAR
BASEMENT Full, Yes
CONSTRUCTION Stucco
HEAT Natural Gas
LOT 6970 sq ft
LOT DIMENSIONS 50 x 140
PARKING None
SEWER Public Sewer
STORIES 2
TAXES 5132
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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SATELLITE VIEW



 
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Listed with Heirloom Realty, LLC

Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice.
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This IDX solution is (c) Diverse Solutions 2026.