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East End 5-Plex 1109 E 3rd St 5 Unit Apartment Building $399,000 ($79,800/Unit) Duluth, MN 55805
Investment Highlights
- Income Opportunity.
- 4 Car Detached Garage.
Executive Summary
Excellent East End 5-Plex! This one is priced to sell! 4-1 Bedroom Apartments, and 1-2 BR. Perfect Owner-Occupied building. Off-street parking, 4 Car detached garage. Long-term tenants in 1 BR units, Main floor 2 BR is currently vacant. Take a look at this one today.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$8,058
|
$2.21
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$8,058
|
$2.21
|
Financial Summary (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $8,058 |
| Annual Per SF | $2.21 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $8,058 |
| Annual Per SF | $2.21 |
Property Facts
| Price | $399,000 | Apartment Style | Low-Rise |
| Price Per Unit | $79,800 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| No. Units | 5 | Building Size | 3,646 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1895 |
| Zoning | R3 | ||
| Price | $399,000 |
| Price Per Unit | $79,800 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,646 SF |
| No. Stories | 2 |
| Year Built | 1895 |
| Zoning | R3 |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Recycling
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 1 | - | - |
1 1
Walk Score®
Very Walkable (81)
Bike Score®
Very Bikeable (76)
Property Taxes
| Parcel Number | 010383011640 | Total Assessment | $329,600 (2024) |
| Land Assessment | $28,600 (2024) | Annual Taxes | $8,058 ($2.21/SF) |
| Improvements Assessment | $301,000 (2024) | Tax Year | 2025 |
Property Taxes
Parcel Number
010383011640
Land Assessment
$28,600 (2024)
Improvements Assessment
$301,000 (2024)
Total Assessment
$329,600 (2024)
Annual Taxes
$8,058 ($2.21/SF)
Tax Year
2025
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East End 5-Plex | 1109 E 3rd St
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