1530-1532 E 1st Street, Duluth, MN 55812 (MLS# 7101550)

1530-1532 E 1st Street, Duluth, MN 55812

$699,000
Property Type: Commercial Square Footage: 4,566 Lot Size (sq. ft.): 4,356 Status: Active
Current Price: $699,000 List Date: 6/30/2026 Last Modified: 8/27/2026

Overview

Description

Excellent investment opportunity in the heart of Duluth! This well-maintained six-unit apartment building offers a proven rental history and strong income potential in a highly desirable location. Each unit features its own separate electrical service, making utility management simple and efficient. Recent improvements include a newer roof, and the property has been consistently maintained over the years. Tenants appreciate the convenience of off-street parking and easy access to shopping, dining, public transportation, and local amenities. Whether you're looking to expand your investment portfolio or acquire a solid income-producing property, this turnkey multi-family building is one you won't want to miss.

Listing Details MLS# 7101550

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
6
Owner Occupied
No
Waterfront YN
No
Year Built
1891
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Foundation Size
4566
Power Company
Minnesota Power
For Sale or Lease
For Sale
Acres
0.1
Lot Dimensions
50x93
Assessment Pending
No

Property Features

Accessible: None Basement: Owner Access; Storage Space CMU Style: Low Rise Construction Status: Previously Owned Current Use: Residential Exterior: Vinyl; Wood Foundation: Stone Fuel: Natural Gas Heating: Baseboard; Boiler; Hot Water On Site Utilities: Electric Common; Heating Common; Hot Water Common Potential Use: Other Rental License Type: Standard Roof: Asphalt Shingles Sewer: City Sewer/Connected Stories: Three Or More Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
699000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1530-1532
Street Direction Prefix
E
Street Name
1st
Street Suffix
Street
Postal City
Duluth
County
St. Louis
State
MN
Zip Code
55812
Complex/Dev/Subdivision
Endion Div Of Duluth

Assessments

Tax With Assessments
7594

Basement

Foundation Dimensions
38x50

More Information

Building Information

Building Finished SqFt
4566
Building SqFt
4566

Income and Expenses

Annual Fuel Expense
3921.92
Annual Water/Sewer Expense
2287.19

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building

Unit 1

Unit Number
Yes
Monthly Rent
1085
Level
Main Level
Unit Total SqFt
650
Leased?
Yes
Lease Expiration Date
2099-12-31

Unit 2

Lease Expiration Date
2099-12-31
Leased?
Yes
Level
Main Level
Monthly Rent
750
Unit Number
2
Unit Total SqFt
750

Unit 3

Lease Expiration Date
2026-10-01
Leased?
Yes
Level
Main Level
Monthly Rent
950
Unit Number
3
Unit Total SqFt
700

Unit 4

Lease Expiration Date
2027-05-01
Leased?
Yes
Level
2nd Level
Monthly Rent
1300
Unit Number
4

Unit Details

Total Units
6
IDX
Listing Office: RE/MAX Results Duluth
Last Updated: August - 27 - 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.
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