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For sale 3 days ago

$325,000

6+ bd 2 ba 2819 sqft

1513 Jefferson St, Duluth, MN 55812

Residential Duplex Occupied

Current Rent **

$3,090

Projected Rent **

$3,089

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent: $1,595
  • Bedroom: 3 bd
  • Bathroom: 1 ba
  • Square Footage: 1456 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No
Unit 2 Details
  • Current Rent: $1,495
  • Bedroom: 3 bd
  • Bathroom: 1 ba
  • Square Footage: 1363 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No

Historic Duplex in heart of East End

Prime location & charm galore come together at this historic up & down duplex in the heart of East End! Offering 6 BR, 2 BA and spacious units, this investment could be the perfect owner occupy purchase or a gem of an addition to your portfolio. Boasting gorgeous turn of the century wood work, tall ceilings, open-flow floor plans, a huge front porch, hardwood floors, many original details/fixtures; PLUS, prudent updates including: newer F/A nat. gas furnace (serves ML) & water heater (2017), quality vinyl windows, updated electrical (3 meters), above-grade laundry and vinyl exterior shake and strip siding. Licensed through May 1, 2027.

Location:

1513 Jefferson St, Duluth, MN 55812

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.