2 and 4 S 16th Ave E
Duluth, MN 55812
Endion
1 Bed
1 Bath
2,872 sqft
$399,900
$399,900
1 Bed
1 Bath
2,872 sqft
Local Information
- Map ViewExplore the area around 2 and 4 S 16th Ave E.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Description
Investor opportunity! This fully rented fourplex offers immediate income and strong cash flow potential, meeting the sought-after 1% rule for rental investments. Includes coin operated laundry for additional income.The property is structurally and mechanically sound, providing a solid foundation for value-add improvements. While it could use some cosmetic updates the major components are in place, allowing investors to build equity and maximize rental income with renovations. Whether you're expanding your portfolio or looking for your next value-add investment, this is a great opportunity to acquire a cash-flowing asset with significant upside.
Home Highlights
Parking
None
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$139
Listed
Less than a day ago
Home Details for 2 and 4 S 16th Ave E
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Interior Details Basement: Full |
Beds & Baths Number of Bedrooms: 1Number of Bathrooms: 1 |
Dimensions and Layout Living Area: 2872 Square Feet |
Heating & Cooling Heating: Forced AirHas HeatingHeating Fuel: Forced Air |
Gas & Electric Electric: Minnesota Power |
Levels, Entrance, & Accessibility Number of Stories: 2 |
View No View |
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Exterior Home Features Foundation: Stone |
Parking & Garage No CarportNo GarageNo Attached GarageParking: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 2872 Square Feet |
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Days on Market: <1 day on Trulia |
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Year Built Year Built: 1891 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Wood, Frame/Wood |
Property Information Parcel Number: 010146004500 |
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Price List Price: $399,900Price Per Sqft: $139 |
Status Change & Dates Possession Timing: Subject To Tenant Rights |
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MLS Status: ACTIVE |
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Direction & Address City: Duluth |
School Information High School District: Duluth #709 |
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Listing Agent Listing ID: 6126831 |
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No HOA |
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Lot Area: 3484.8 sqft |
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Expense Tenant Pays: Electricity |
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Owner Pays: Gas, Repairs, Water |
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BasementMls Number: 6126831Attribution Contact: ***Above Grade Unfinished Area: 2872 |
Last check for updates: about 17 hours ago
Listing courtesy of Adam Paulson, (218) 626-5913
RE/MAX Results
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6126831
Also Listed on Lake Superior Area Realtors as distributed by MLS GRID.
Market trends in Duluth
Last updated June 2026
Avg. sale price
$292K
$10.67KMoM
Sale-to-List Price
100.0%
0.6%MoM
Price per sq ft
$194
$7MoM
Available listings
256
2MoM
Price History for 2 and 4 S 16th Ave E
| Date | Price | Event | Source |
|---|---|---|---|
| 07/17/2026 | $399,900 | Listed For Sale | Lake Superior Area Realtors as distributed by MLS GRID #6126831 |
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Comparable Sales for 2 and 4 S 16th Ave E
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.08 | Multi-Family Home | $325,000 | 05/22/26 | 3 | 3 | 2,588 | |
0.01 | Multi-Family Home | $350,000 | 07/01/26 | 10 | 4 | 3,590 | |
0.33 | Multi-Family Home | $357,500 | 03/13/26 | 7 | 3 | 3,187 | |
0.29 | Multi-Family Home | $290,000 | 06/12/26 | 4 | 2 | 2,000 | |
0.28 | Multi-Family Home | $340,000 | 06/12/26 | 6 | 4 | 3,000 | |
0.41 | Multi-Family Home | $240,000 | 05/12/26 | 4 | 4 | 2,412 | |
0.50 | Multi-Family Home | $360,000 | 05/11/26 | 4 | 2 | 2,782 | |
0.61 | Multi-Family Home | $350,000 | 05/08/26 | 5 | 3 | 3,091 | |
0.35 | Multi-Family Home | $372,500 | 06/25/26 | 5 | 3 | 2,592 | |
0.35 | Multi-Family Home | $305,000 | 04/16/26 | 6 | 4 | 2,760 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
SOLDJUL 1, 2026Tracy Ramsay, RE/MAX Results
OFF MARKETTony Vatalaro, Evergreen Real Estate, Inc.
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OFF MARKETReed Elling, RE/MAX Results
SOLDMAY 22, 2026Tracy Ramsay, RE/MAX Results
OFF MARKETMike Senarighi, Coldwell Banker East West Duluth
OFF MARKETTrish Kroening, RE/MAX Results
OFF MARKETTeresa Koivula, Century 21 Atwood
FOR SALECorrine Hobbs, Edina Realty, Inc. - Duluth
Assigned Schools
These are the assigned schools for 2 and 4 S 16th Ave E.
- Congdon Park Elementary School
- K-5
- Public
- 474 Students
8/10GreatSchools RatingParent Rating AverageNeed for improvement. Only healthy minds can concentrate on learning. Learning should be fun in the classroom and on the playground. Recess should be a time for relaxing and having fun before returning to the classroom. How can this happen when kids are physically hurt and bullied then expected to sit in a classroom and forget about it and learn with a clear mind.Thank you for listening.Other Review8y ago - East Senior High School
- 9-12
- Public
- 1495 Students
10/10GreatSchools RatingParent Rating AverageThere is no soap in the bathrooms. Vaping out of control. One star, just add soap and it would be 4 stars.Student Review3y ago - Ordean East Middle School
- 6-8
- Public
- 1037 Students
7/10GreatSchools RatingParent Rating Averagethis school is terrible for mental health. im a current student at ordean and i cannot stand the staff or other students, teachers will constantly turn a blind eye to bullying and straight couples yet anyone in a gay relationship will be alienated, called slurs, and harassed, same with anyone who is transgender or of color. the teachers are rude and opinionated, they treat their students terribly and some of the male teachers are even creepy towards girls. the staff spends all of the profits on the building and new websites like “smart pass” which is a way to keep students from going to the bathroom essentially. they do not give students any field trips because of the wasted money and the school is run like a prison. teachers care more about money, summer break, and making students into mindless zombies instead of their students health and mental health. this school is the worst school ive ever been to and i dont suggest anyone goes there.Student Review3y ago 
Check out schools near 2 and 4 S 16th Ave E.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Endion
At least 15 Trulia users voted on each feature.
94 % Say there are sidewalks
91 % Say it's dog friendly
78 % Say car is needed
76 % Say parking is easy
69 % Say it's walkable to restaurants
68 % Say yards are well-kept
67 % Say there's holiday spirit
67 % Say it's walkable to grocery stores
64 % Say there's wildlife
59 % Say streets are well-lit
56 % Say people would walk alone at night
56 % Say they plan to stay for at least 5 years
50 % Say kids play outside
40 % Say it's quiet
40 % Say neighbors are friendly
18 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Adam Paulson, RE/MAX Results
Agent Phone: (218) 626-5913
Based on information submitted to the MLS GRID as of 2026-07-17 18:37:25 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
2 and 4 S 16th Ave E, Duluth, MN 55812 is a 1 bedroom, 1 bathroom, 2,872 sqft multi-family built in 1891. 2 and 4 S 16th Ave E is located in Endion, Duluth. This property is currently available for sale and was listed by Lake Superior Area Realtors as distributed by MLS GRID on Jul 17, 2026. The MLS # for this home is MLS# 6126831.