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920-922 E 4th St

Duluth, MN 55805

4 beds
1 bath
3,662 sqft
~1/2 acre lot
$116 per sqft
1910 build
– on site

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Situated on a HUGE lot in a Form District, this 9 BR tenant-occupied duplex has exciting short-term or mid-term rental opportunities! Leased/licensed as a long-term rental through summer 2025 w/ gross rents at 52k+, this property allows you to appreciate a solid turnkey investment in an area with vacancy rates at/below 2%. Is location your #1 REI focus? This one's on the bus line & walking distance to Whole Foods Co-op, Portland Square Park & Playground, The Ski-Hut, and about 1/2 a mile to Essentia Health's Vision Northland or Aspirus St. Luke's. With nearly 1/2 an acre to work with, a developer might envision possible subdivision and re-development, wherein parking is relocated to the rear of the building, and the new owner could explore construction of a second investment property. Don't miss your chance to own this cash flowing gem and secure future STR possibilities for your portfolio! Tenants are responsible for all utilities, snow removal and lawn care.

Listing courtesy of DAAR / Edmunds Company, LLP

Last checked: Checking… • Last updated Nov 17, 2024 •

MLS# 6114383 —

The Building

Construction Status:

Previously Owned
Construction Type:

Frame/Wood
Roof:

Asphalt Shingles
Stories:

2
Exterior:

Asphalt

Interior

Laundry:

Basement
Basement Style:

Full
Basement Features:

Walkout, Storage, Washer Hook-Ups, Dryer Hook-Ups
Basement Material:

Poured Concrete
# of Overhead Doors:

3

Financial & Terms

Potential Short Sale:

no

Location

Latitude:

46.798691
Longitude:

-92.090333

The Property

Property Style:

Side by Side
Subtype:

Duplex
Lot Description:

Pub. Trans (w/in 6 blks)
View:

City Lights
0.47

Acres:
Road Frontage:

City
Classification:

NonHomestead

Listing Agent

Contact info:

Beds

Total Bedrooms:

9

Baths

Half Baths:

1

The Listing

Terms:

Cash, Conventional

Heating & Cooling

Heat:

Forced Air, Natural Gas, Electric

Utilities

Sewer:

City
Water:

City
Mechanicals:

Water Heater - Gas

Appliances

Appliances:

Dishwasher, Refrigerator, Range/Stove
Appliances:

Dishwasher, Refrigerator, Range/Stove

Schools

School District:

Duluth #709

The Community

Amenities:

Hardwood Floors

Parking

Garage Type:

None
Parking/Driveway:

Driveway - Gravel, Off Street

Extra Units

# of Units:

2
Unit 1:

920 E 4th St
Unit 1 SqFt:

1,631 Sqft
Unit 1 Total Rooms:

8
Unit 2:

922 E 4th St
Unit 2 SqFt:

2,031 Sqft
Unit 2 Total Rooms:

11
Unit 2 Total Bedrooms:

5
Unit 2 Total Baths:

2
Unit 2 Full Baths:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
8/19/24 Aug 19, 2024	Sold	DAAR	$427,000	0.5%
6/28/24 Jun 28, 2024	Pending	DAAR	$424,900
6/19/24 Jun 19, 2024	Listed / Active	DAAR	$424,900	11.4% (4.6% / YR)

Multifamily Sold on 8/19/2024

$427,000

Listing provided by broker:

Brittany Kuschel

Edmunds Company, LLP

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Listing Courtesy of: DAAR and Edmunds Company, LLP.

The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Duluth MLS / DAAR and Estately assume no responsibility for typographical errors, misprints or misinformation. This property listing is offered without respect to any protected classes in accordance with the law.

920-922 E 4th St

Duluth, MN 55805