$6,233 Closing Credit¹
#6118019, Casey Scrignoli, Listing Office: Messina & Associates Real Estate
$235,000 List price
2116 2nd St Duluth, MN 55806
$2,791
Closing credit¹
4,352 sqft
$54 / sqft
Multi-Family
Property details
About 2116 2nd St
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!
Highlights
Home typeTriplex
HeatingSteam, Other
StatusSale Pending
(Pending)
(Pending)
Size4,352 sqft
BasementYes
Year built1900
MLS #6652665
Garage2 spaces
Summary
- MLS Number: 6652665
- MLS Name: NORTHSTAR
- Office Name: RE/MAX Results - Duluth (Main)
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$235,000
2116 2nd St
$2,791
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
9
Congdon Elementary School
Public District KG-5
0.9 mi
•3116 E Superior St
2
Myers-Wilkins Elementary School
Public District PK-5
1.4 mi
•1027 N 8th Ave E
8
Lowell Elementary Spanish Immersion
Public District KG-5
2.3 mi
•2000 Rice Lake Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $83,214. Residents of Duluth, MN typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
23%
<35k
36%
35k-100k
24%
100k-200k
17%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
53%
Single, No Kids
4%
Single, with Kids
25%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
6%
12-17 yrs old
38%
18-34 yrs old
36%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Yoga/pilates
Symphony or Opera
NBA/WNBA
Where do the neighbors shop?
H&M
Chico's
New York & Company
Where do the neighbors go to eat?
Dominos Pizza
Boston Market
Qdoba
What do the neighbors drive?
Audi
Volvo
Infiniti
What do the neighbors listen to?
Alternative
Talk/Personality
Active Rock
All data provided by Home Junction and Claritas
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This home is located at 2116 2nd St in Duluth, MN and zip code 55812 in the Endion neighborhood. This 4,352 square foot home was built in 1900. Features: 0 bathroom. It has been listed on Rocket Homes since January 28, 2025 and is currently priced at $235,000.
Duluth, MN housing market in February 2025 saw over 22 listings sold above listed price, more than 5 sold at listed price and over 33 sold below. The inventory of homes for sale in Duluth, MN between January and February 2025 decreased by 9.6%. The median list price of listings available in February 2025 was $252,197, while the average time on the real estate market was 43 days.
From Rocket Homes Real Estate and based on county public records data.