2116 W 2nd St 2122 W 2nd St
Duluth, MN 55806
- 2 beds
- 1 bath
- 4,352 sqft
- 10,890 sqft lot
- $54 per sqft
- 1900 build
- – on site
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Knock knock! Opportunity knocks in the rare Investment opportunity with this unique Commercial & Multi-Family property in a thriving Duluth Market! Seize the rare and lucrative investment in the heart of Duluth's craft district. It's not often you can buy two buildings for the price of one that has a potential GRI of over $60,000! This would be a versatile addition to any investors portfolio. The two buildings are connected through a rock-solid adjoining basement that has a distinct vault room, tall ceilings and endless possibilities! The commercial building can provide immediate cash flow as it's occupied by a long-term tenant who'd love to stay! The heated garage was built in 1997, and the roofs were last redone in 2014 ensuring long-term durability. The triplex boiler is 10 years old (currently off/winterized) but feature mostly new boiler and plumbing lines, as well as much of the electrical has been updated and upgraded throughout!! The main level triplex 2 BR apartment (owner occupied) is nearly ready to be rented while you creatively design and complete the upper two units just waiting for your finishing. This property presents a tremendous opportunity for a savvy investor or entrepreneur looking to capitalize on Duluth's growing market!
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Last updated Mar 7, 2025
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MLS# 6117616 —
The Building
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Construction Status:Previously Owned
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Construction Type:Concrete Block, Stone
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Roof:Flat, Rubber
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Stories:2
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Exterior:Other, Wood
Interior
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Basement Style:Full
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Basement Features:Unfinished, Walkout, Shared Access, Owner Access, Storage, Apartment, Bath, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
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Basement Material:Concrete Block
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# of Overhead Doors:3
Financial & Terms
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Potential Short Sale:no
Location
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Latitude:46.767689
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Longitude:-92.126963
The Property
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Property Style:Up & Down
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Subtype:Multi-Family
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0.25Acres:
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Classification:NonHomestead
Listing Agent
- Contact info:
- Agent phone:
- (218) 310-2590
Beds
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Total Bedrooms:4
The Listing
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Terms:Cash, Conventional
Heating & Cooling
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Heat:Boiler, Natural Gas, Electric
Utilities
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Sewer:City
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Water:City
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Internet Options:Cable
Schools
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School District:Duluth #709
Parking
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Garage Type:Attached
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Garage Features:Heat, Insultation, Slab
Extra Units
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# of Units:4
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Unit 1:Unit 1
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Unit 1 SqFt:900 Sqft
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Unit 2:Unit 2
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Unit 3:Unit 3
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Unit 4:Unit 4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/7/25
Mar 7, 2025
|
Sold | DAAR | $236,000 | 0.4% |
|
1/30/25
Jan 30, 2025
|
Pending | DAAR | $235,000 | |
|
1/25/25
Jan 25, 2025
|
Listed / Active | DAAR | $235,000 |
