1432 E 4th Street, Duluth, MN 55805 (MLS# 7129180)

1432 E 4th Street, Duluth, MN 55805

New Listing

$549,900

Property Type: Multi-Family Bedrooms: 10 Baths: 3 Square Footage: 3,183 Lot Size (sq. ft.): 10,454 Status: Active

Current Price: $549,900 List Date: 8/18/2026 Last Modified: 8/19/2026

Overview

Description

Welcome to 1432 E 4th St- a high-performing duplex investment opportunity located in the heart of Duluth’s East Hillside neighborhood near local colleges, downtown Duluth, and Lake Superior. This spacious multi-unit property offers an ideal setup for student housing or long-term rentals with strong income potential and a functional layout designed to accommodate large tenant groups. Situated on a lot and a half, the property also offers ample off-street parking for residents, a highly desirable feature for multi-tenant housing. The property also features a newer roof, adding additional value and peace of mind for future ownership. This classic Duluth property has been meticulously maintained and is filled with amazing character, beautiful original woodwork, and stunning hardwood floors throughout, offering timeless charm that tenants appreciate while showcasing the pride of ownership carried throughout the property. The upper unit features 5 bedrooms and 1 bathroom, including 3 bedro ... (Read more) Welcome to 1432 E 4th St- a high-performing duplex investment opportunity located in the heart of Duluth’s East Hillside neighborhood near local colleges, downtown Duluth, and Lake Superior. This spacious multi-unit property offers an ideal setup for student housing or long-term rentals with strong income potential and a functional layout designed to accommodate large tenant groups. Situated on a lot and a half, the property also offers ample off-street parking for residents, a highly desirable feature for multi-tenant housing. The property also features a newer roof, adding additional value and peace of mind for future ownership. This classic Duluth property has been meticulously maintained and is filled with amazing character, beautiful original woodwork, and stunning hardwood floors throughout, offering timeless charm that tenants appreciate while showcasing the pride of ownership carried throughout the property. The upper unit features 5 bedrooms and 1 bathroom, including 3 bedrooms on the main level and a large upper finished attic space that features 2 additional bedrooms, along with a fireplace that adds warmth and character to the living space. The upper unit also includes two refrigerators and a dishwasher, providing added convenience for larger tenant groups. The lower unit offers 5 bedrooms, with 2 bedrooms located on the main floor and an additional 3 bedrooms on the lower level, providing excellent flexibility and rental capacity. The lower unit also features its own fireplace, along with two refrigerators and a dishwasher. Both fireplaces are non-functional and serve as decorative features only, adding character without operational use. The building is serviced by two separate boilers, allowing independent heating systems for each unit. A common laundry area located in the basement is shared between both units for added convenience. The property is currently leased for $4,700 per month with tenants paying all utilities, creating strong cash flow potential and low owner expense responsibility. Current lease terms run from June 1, 2026 through May 19, 2027, offering immediate rental income and stability for the next owner. In addition to its strong investment performance, the property could also make an excellent future owner-occupied opportunity once current tenants move out, offering flexibility for a variety of ownership goals.

Listing Details MLS# 7129180

General Property Information

Lot Measurement: Acres
Multiple PIDs?: Yes
Owner Occupied: No
Waterfront YN: No
Year Built: 1910
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Main Floor Total SqFt: 2228
Above Ground SqFt: 2228
Below Grd Total SqFt: 955
Total SqFt: 3183
Foundation Size: 3183
Style: (MF) Duplex Up and Down
Total Finished Sqft: 3183.00
Lot Dimensions: 75x140
Acres: 0.24
Assessment Pending: Yes
Garage Stalls: 0

Property Features

Accessible: None Basement: Partially Finished Construction Status: Previously Owned Exterior: Brick/Stone Foundation: Stone Fuel: Natural Gas Heating: Boiler Laundry: In Basement Owner Pays: Lawn Rental License Type: Standard Sewer: City Sewer/Connected Shared Rooms: Other Tenant Pays: Electricity; Fuel; Sewer; Snow Removal; Trash Collection; Water Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 549900
ListPrice: 549900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1432
Street Direction Prefix: E
Street Name: 4th
Street Suffix: Street
Postal City: Duluth
County: St. Louis
State: MN
Zip Code: 55805
Complex/Dev/Subdivision: Endion Div Of Duluth

Additional Parcels Information

Property ID #2: 010148006720

Assessments

Assessment Balance: 34
Tax With Assessments: 6392

More Information

Basement

Foundation Dimensions: 26X46+7X11
Partially Finished: Yes

Building Information

Finished SqFt Above Ground: 2228
Finished SqFt Below Ground: 955

Income and Expenses

Annual Electric Expense: 1320
Annual Fuel Expense: 1164
Annual Gross Income: 56400
Annual Trash Expense: 120
Annual Water/Sewer Expense: 1979.02
Annual Caretaker Expense: 0
Annual Gross Expenses: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Net Income: 0
Annual Repair Expense: 0
Total Annual Expenses: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Unit 1

Furnished?: No
Lease Expiration Date: 2027-05-19
Leased?: Yes
Unit Number: Yes
Annual Rent: 28200
Finished SqFt: 2228
Full Baths: 2
Monthly Rent: 2350
No. of Units Like This: Yes
Total Baths: 2
Total Bedrooms: 5
Total Rooms: 10

Unit 2

Furnished?: No
Lease Expiration Date: 2027-05-19
Leased?: Yes
Unit Number: 2
Annual Rent: 28200
Finished SqFt: 1466
Full Baths: Yes
Monthly Rent: 2350
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 5
Total Rooms: 9

Unit Details

Total Units: 2

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT: 0008 BLOCK:090 ENDION DIVISION OF DULUTH
Listing City: Duluth
Map Page: 999
Municipality: Duluth
School District: Duluth
School District Phone: 218-336-8700
Zip Plus 4: 1864
Property ID Number: 010148006730
Tax Year: 2026
Tax Amount: 6358
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Welcome to 1432 E 4th St- a high-performing duplex investment opportunity located in the heart of Duluth’s East Hillside neighborhood near local colleges, downtown Duluth, and Lake Superior. This spacious multi-unit property offers an ideal setup for student housing or long-term rentals with strong income potential and a functional layout designed to accommodate large tenant groups. Situated on a lot and a half, the property also offers ample off-street parking for residents, a highly desirable feature for multi-tenant housing. The property also features a newer roof, adding additional value and peace of mind for future ownership. This classic Duluth property has been meticulously maintained and is filled with amazing character, beautiful original woodwork, and stunning hardwood floors throughout, offering timeless charm that tenants appreciate while showcasing the pride of ownership carried throughout the property. The upper unit features 5 bedrooms and 1 bathroom, including 3 bedrooms on the main level and a large upper finished attic space that features 2 additional bedrooms, along with a fireplace that adds warmth and character to the living space. The upper unit also includes two refrigerators and a dishwasher, providing added convenience for larger tenant groups. The lower unit offers 5 bedrooms, with 2 bedrooms located on the main floor and an additional 3 bedrooms on the lower level, providing excellent flexibility and rental capacity. The lower unit also features its own fireplace, along with two refrigerators and a dishwasher. Both fireplaces are non-functional and serve as decorative features only, adding character without operational use. The building is serviced by two separate boilers, allowing independent heating systems for each unit. A common laundry area located in the basement is shared between both units for added convenience. The property is currently leased for $4,700 per month with tenants paying all utilities, creating strong cash flow potential and low owner expense responsibility. Current lease terms run from June 1, 2026 through May 19, 2027, offering immediate rental income and stability for the next owner. In addition to its strong investment performance, the property could also make an excellent future owner-occupied opportunity once current tenants move out, offering flexibility for a variety of ownership goals.
Directions: 4th St to property

Accessible

None: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes

Foundation

Stone: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes

Laundry

In Basement: Yes

Owner Pays

Lawn: Yes

Parking Characteristics

Garage Dimensions: No

Rental License Type

Standard: Yes

Sewer

City Sewer/Connected: Yes

Shared Rooms

Other: Yes

Water

City Water/Connected: Yes

Tenant Pays

Electricity: Yes
Fuel: Yes
Sewer: Yes
Snow Removal: Yes
Trash Collection: Yes
Water: Yes

Listing Office: RE/MAX Results

Last Updated: August - 19 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

1432 E 4th Street, Duluth, MN 55805 (MLS# 7129180)