About This Home

This 8-bedroom, 4-bathroom residential multi family at 2403 & 2407 W 3rd St in Duluth, MN is listed for $399,900 ($104 per sqft). Built in 1903, the home offers 3,830 sqft of living space on a 0.21 acres lot.

Key Features

  • Built in 1903
  • 0.21 acre lot
  • 2 stories

Property Details

2 stories
1 full
1903
Listing Description

Exceptional investment opportunity featuring two side-by-side duplexes with strong cash flow. Both properties are structurally and mechanically sound, but could be improved with cosmetic updates. Priced well below the 1% rule, these income-producing properties present an attractive opportunity for investors seeking strong cash flow and upside.

Includes convenient coin-operated laundry, providing an additional income stream. Whether you're looking to expand your portfolio or invest in a multi-property package, this is a rare chance to acquire four rental units at an attractive price with significant potential.

Monthly Cost Estimate

$2,139/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,733
Insurance$117

Estimates only. Actual payments may vary.

Location

2403 & 2407 W 3rd St

Duluth, MN 55806

Questions & Answers

This 8-bedroom, 4-bathroom residential multi family at 2403 & 2407 W 3rd St is listed at $399,900 ($104/sqft). The estimated monthly payment is $2,139 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1903, 0.21 acre lot, 2 stories.

This property is listed by Adam Paulson.

AP

Adam Paulson

Agent at RE/MAX Results

Listed by RE/MAX Results · Broker phone: (952) 829-2900 · View on Broker Site · Broker website

MLS# 6126832· Source: Lake Superior Association of REALTORS®· Added to PropertySimple today

Copyright © 2026 Lake Superior Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2403 & 2407 W 3rd St, Duluth, MN 55806

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