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2525-2527 W 2nd St, 
Duluth, MN 55806

$314,900

4

Beds

4

Baths

2,960

Sq Ft

Multi-Family

Active

Listed by

Jordan Decaro

RE/MAX Results

Last updated:

October 20, 2026, 01:55 AM

MLS#

6128481

Source:

MN DAAR

About This Home

2525-2527 W 2nd St

Fully leased fourplex with a rental license already in place. All four units are 1 bedroom, 1 bath, approximately 740 sq ft each, with current rents of $850, $865, $850, and $900, for $3,465/month in gross rent. Tenants pay their own electric and trash. The owner covers fuel, water, and sewer. The property has natural gas forced-air heat, low-maintenance vinyl siding, a full stone basement, and 4 off-street parking spaces, which is hard to find on this stretch of W 2nd St. Staggered lease expirations through 2027 give a new owner steady income and flexibility to adjust rents over time. Annual taxes are $3,686. It’s a solid hold for a seasoned investor or a turnkey first step into multifamily in Duluth. Call the listing office to schedule a showing.

Home Facts

Multi-Family

4 Baths

4 Bedrooms

Built in 1886

Price Summary

314,900

$106 per Sq. Ft.

MLS #:

6128481

Last Updated:

October 20, 2026, 01:55 AM

Added:

6 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

4

Interior

Living Area:

2,960 Sq. Ft.

Structure

Structure

Building Area:

2,960 Sq. Ft.

Year Built:

1886

Lot

Lot Size (Sq. Ft):

6,969

Finances & Disclosures

Finances

Price:

$314,900

Price per Sq. Ft:

$106 per Sq. Ft.

Source:MN DAAR
2026, Lake Superior Area REALTORS, Inc.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.