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722 E 3rd Street, 
Duluth, MN 55805

$265,000


3

Beds


2

Baths


2,259

Sq Ft


Multi-Family

Coming Soon

Listed by

Paul Docauer

RE/MAX Advantage Plus

763-755-1100

Last updated:

March 2, 2026, 09:05 PM

MLS#

7028751

Source:

NSMLS

About This Home

722 E 3rd Street

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.

Home Facts

Multi-Family

2 Baths

3 Bedrooms

Built in 1891

Price Summary

265,000

$117 per Sq. Ft.

MLS #:

7028751

Last Updated:

March 2, 2026, 09:05 PM

Added:

2 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Interior

Living Area:

2,259 Sq. Ft.


Structure

Structure

Building Area:

3,324 Sq. Ft.

Year Built:

1891


Lot

Lot Size (Sq. Ft):

3,484


Finances & Disclosures

Finances

Price:

$265,000

Price per Sq. Ft:

$117 per Sq. Ft.

Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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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.