Great opportunity to own a well-established 5-bedroom, 2-bathroom rental property conveniently located just 1.5 miles from both UMD and CSS. Situated on a quiet street, this single-family home offers six off-street parking spaces, additional on-street parking, and a bus stop just one block away. The property is currently leased through May 2027 at $2,850 per month, with tenants paying utilities, and has maintained a zero-vacancy history since the current ownership began in 1991. The functional layout offers 1,766 finished square feet with five bedrooms, a full upper-level bathroom, and a 3/4 bathroom in the basement. Updates and amenities include a walk-in shower, two refrigerators, dishwasher, washer and dryer, dehumidifier, new washing machine and dishwasher, plus a new roof installed in 2023. An active City of Duluth rental license is in place through 11/1/2027, with the most recent inspection completed 8/15/2025. 2026 property taxes are $2,910 and insurance is approximately $1,297 annually. With a long rental history, convenient location near both campuses, ample parking, and established rental income, this property offers a great opportunity for an investor looking to add a proven rental to their portfolio.
| MLS # | 7151969 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1915 |
| Days On Site | 28 |
| Listing Provided By | RE/MAX Results | Jordan R DeCaro |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,767 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | Residential-Single Family |
| Acreage | 0.08 |
| Cooling | None |
|---|---|
| Heating | Boiler |
| Parking Features | On-Street Parking Only |
|---|
| Property | 2876 |
|---|
| State | MN |
|---|---|
| County | St. Louis |
| City | Duluth |
| Zip Code | 55805 |
| Community Name | Chester Park Div Of Duluth |
| School District | 709 |
| High School | Duluth |
| Listing VS Median (in Chester Park Div Of Duluth) | |
Price: $279,900 low | high Med: $279,900 sqft: 1,767 low | high Med: 1,767 $ / sqft: $158 low | high Med: $158 On site: 28 low | high Med: 28 | |
| State | MN |
|---|---|
| County | St. Louis |
| City | Duluth |
| Zip Code | 55805 |
| Community Name | Chester Park Div Of Duluth |
| School District | 709 |
| High School | Duluth |
| Listing VS Median (in Chester Park Div Of Duluth) | |
Price: $279,900 low | high Med: $279,900 sqft: 1,767 low | high Med: 1,767 $ / sqft: $158 low | high Med: $158 On site: 28 low | high Med: 28 | |