Great duplex opportunity in Duluth with the big-ticket updates already done. This fully updated up/down duplex features two 2-bedroom, 1-bath units, each offering approximately 1,022 square feet. With the lower unit currently vacant and the upper unit on a month-to-month lease, the setup works well for both owner-occupants looking to offset a mortgage and investors ready to add a low-maintenance rental property to their portfolio. The improvements here go far beyond cosmetic updates. Sewer lines have been replaced from the top floor to the basement, new water supply lines were run from the street to the upper level, and the building was completely rewired with two 200-amp electrical services plus an additional 60-amp service. Both units feature remodeled kitchens and bathrooms, updated appliances, new water heaters, their own washer and dryer, and new drywall throughout. A new sump pump has also been installed. The lower unit includes backup electric heat, while a forced-air gas furnace serves as the primary heating source for the building. Rental history for the lower unit is $1,300/month, with the upper unit currently rented at $1,150/month. Tenants pay all utilities except garbage. The vacant lower unit gives flexibility for an owner-occupant or the opportunity to rent immediately at market rate. Located in the heart of Duluth’s growing Craft District, this property offers strong walkability to breweries, restaurants, entertainment, and public transit. If you’ve been looking for an income property in a high-demand rental location with the major work already completed, 2815 W 3rd St deserves a close look.
Listing courtesy of Alicia Lokke, Messina & Associates Real Estate
