$264,900

1316 E 2nd Street, Duluth, MN 55805

5 beds |
2 baths |
1,868 sqft

Single-Family Home
Built in 1915
6,970sqft lot
2 car garage
$142/sqft
Listed 1 month ago

Property Description

Well-maintained and recently refreshed, this strong-performing 5-bedroom, 2-bath single-family rental is a turnkey investment opportunity! Fully leased and properly licensed generating $2,375/month in base rent, plus a $50/month tenant-paid garbage fee, offering simple and predictable income. Tucked further back from the road means more peaceful living and a larger front yard for entertaining! A nice wrap around driveway brings you to an attached 2 stall garage, offering ample parking and flex space. Recent updates include fresh interior paint throughout and kitchen improvements completed last year: featuring new flooring, countertops, and sink. New roof in 2023! Inside and out, this property is ready to go, easy to own and simple to maintain! Ideally located just minutes from the hospital and the UMD campus, this property benefits from consistent rental demand. A solid, low-maintenance asset well-suited for investors seeking reliable cash flow in a prime location.

Listing Status:: Active
Data Last Updated:: April 1, 2026 at 3:16PM
Listing Office:: Coldwell Banker Realty - Dulut : 218-728-5161
MLS ID:: 7025989

Basement: ConcretePartially Finished
A/C: None
Heating: BoilerRadiant
Fireplace: Fireplaces: 0

Parking: Attached Garage

Roofing: Age 8 Years or LessArchitectural Shingle
General: Two

HOA Amenities: 0.0
Originating MLS: northstar
School District: Duluth
County: St. Louis

Zoning: 010148005150

Water: City Water/Connected
Sewer: City Sewer/Connected

Source: northstar

This listing courtesy of Coldwell Banker Realty - Dulut

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Myers-Wilkins Elementary School

1027 N 8th Ave E, Duluth, MN, 55805

Grades PK-5

0.81 miles away

Chester Creek Academy

714 1/2 W College St, Duluth, MN, 55811

Grades KG-12

1.07 miles away

Chester Creek Academy

714 1/2 W College St, Duluth, MN, 55811

Grades KG-12

1.07 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.