722 E 3rd Street, Duluth, MN 55805
Local realty services provided by:Better Homes and Gardens Real Estate Advantage One
722 E 3rd Street,Duluth, MN 55805
$265,000
- 3 Beds
- 2 Baths
- 3,324 sq. ft.
- Multi-family
- Active
Listed by: paul l docauer
Office: re/max advantage plus
MLS#:7028751
Source:ND_FMAAR
Price summary
- Price:$265,000
- Price per sq. ft.:$79.72
About this home
Discover the perfect blend of historic character and modern industrial design in this unique up-and-down
duplex. Situated in a prime area for rentals in Duluth near hospitals, bus lines, and downtown, this
property is an ideal addition to a portfolio or a perfect owner-occupy opportunity. Step into the lower
unit a 1 bedroom, 1 bath completely reimagined main-level unit, where classic Duluth architecture meets a
modern open-concept layout with a stunning industrial/unfinished aesthetic. Honestly with the exposed
brick, industrial aesthetic, and the high ceilings it feels like it could be a New York City style
artists loft. The upper-level unit offers a well-maintained, classic apartment layout that is both clean,
spacious and freshly painted since purchase. Unit provides a comfortable living environment and is
currently occupied by a reliable tenant, ensuring immediate rental income for the new owner. While it
retains its original charm, the space is move-in ready and serves as a perfect complement to the modern
industrial main floor. Upper unit rents as a 2 bedroom, but unit has a 3rd bedroom currently being used
as its laundry room complete with new washer/dryer. A new owner could move these machines to the
basement (there are hookups) if a 3rd br is desired for a higher ROI. Both units can access the lower
level walk-out through back hallway/stairway. Basement area has a tuck under parking space, loads of
storage, a 1/2 bath, and possibly future potential to reimagine the space. The backyard space received a
fresh update by removing some unneeded trees, (helped view from units, can now peek a boo Lake Superior)
adding a new deck, fence, & new sod. Making this area a plus for tenants as a back yard space, or kept as
a private yard for a owner occupant buyer. Whether you are a owner occupant looking for your 1st
home/rental property, (live in one side, rent other) or a seasoned investor this property is worth the
time it takes to go check out.
Contact an agent
Home facts
- Year built:1891
- Listing ID #:7028751
- Added:3 day(s) ago
- Updated:March 06, 2026 at 07:00 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Basement:Yes
- Living area:3,324 sq. ft.
Structure and exterior
- Roof:Flat
- Year built:1891
- Building area:3,324 sq. ft.
- Lot area:0.08 Acres
Utilities
- Water:City Water/Connected
- Sewer:City Sewer/Connected
Finances and disclosures
- Price:$265,000
- Price per sq. ft.:$79.72
- Tax amount:$2,370
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