$2,791

closing credit¹

2116 W 2nd St Duluth, MN 55806

$235,000
4,352 sqft
0.3 acres
$54 / sqft
Multi-Family

Property details

About 2116 W 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 typeMulti Family
HeatingSteam, Natural Gas, Electric
StatusSale Pending
(PENDING)
Size4,352 sqft
Lot size0.25 Acres
MLS #6117616
Attached garage2 spaces

Summary

  • MLS Number: 6117616
  • Office Name: RE/MAX Results
  • Listing Agent: Steve Braman

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2025 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 10:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of snow covered garage

$235,000

2116 W 2nd St

$2,791

closing credit¹

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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

7

Lowell Elementary School

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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $83,214. The majority of Duluth, MN residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically 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/pilatesYoga/pilates
  • Symphony or OperaSymphony or Opera
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • H&MH&M
  • Chico'sChico's
  • New York & CompanyNew York & Company

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • Boston MarketBoston Market
  • QdobaQdoba

What do the neighbors drive?

  • AudiAudi
  • VolvoVolvo
  • InfinitiInfiniti

What do the neighbors listen to?

  • AlternativeAlternative
  • Talk/PersonalityTalk/Personality
  • Active RockActive Rock
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 2116 W 2nd St in Duluth, MN and zip code 55812 in the Endion neighborhood. This 4,352 square foot home sits on a 0.25 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 25, 2025 and is currently priced at $235,000.

In January 2025 more than 21 listings in Duluth, MN were sold above the asking price. During the same period more than 14 listings were sold at asking price, while more than 41 were sold below. The number of homes for sale in Duluth, MN decreased by 7.7% between December and January 2025. In January 2025 median list price was $300,000 and the average listing age was 37 days.

From Rocket Homes Real Estate and based on county public records data.

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