Old Brick Duplex Building For Sale By Owner in Duluth, MN

Property Description

Brick Duplex with Full Walk-Out Basement for Sale by Owner – FSBO in Duluth, MN | Investor Opportunity in Form District ATTENTION REAL ESTATE INVESTORS! Rare opportunity to own a classic up/down brick duplex in the heart of Duluth’s Central East Hillside, located on 4th Street in a Form District—making it eligible for a Short-Term Rental (STR) license without being on the City of Duluth’s waitlist.
This solid multi-family investment property is perfectly positioned within walking distance to Lake Superior, local parks, hospitals, shopping, and restaurants.
The property also sits on a major public transportation line, making it convenient for tenants or guests to travel throughout the city.
Property Highlights: Full walk-out basement with potential for finishing into an efficiency unit or used as storage Two spacious 2 bed / 1 bath units filled with original character: hardwood floors, built-in hutches, and pantries Potential to easily convert units into 3 bed / 2 bath layouts Each unit has separate utilities: 3 electric meters (including house meter), 2 newer boilers, and new water heaters Coin-operated laundry + new stackable washer/dryer in basement 3-car garage with alley access Both front and back (butler's) entrances Mostly updated windows throughout the property Currently tenant-occupied with long-term leases through December 31st; tenants pay their own gas and electric Bonus Investment Potential: Adjacent 25' x 140' vacant lot is also available with the sale—perfect for building an additional income-producing unit or accessory dwelling.
Whether you're looking to owner-occupy, long-term rent, mid-term rent, or pursue short-term vacation rental income, this Duluth duplex checks all the boxes.
Don't miss this rare FSBO opportunity to own a beautiful brick duplex with expansion potential in one of Duluth’s most desirable rental zones!

Details & Amenities

Property Address

1214 E 4th St, Duluth, MN 55805, USA, City - St. Louis County