2 and 4 S 16th Ave E, Duluth, MN 55812
Property image
Property image
FOR SALE

$399,900

  • 1 Bed
  • 1 Bath
  • 2,872 sqft

2 and 4 S 16th Ave E, Duluth, MN 55812

Endion

Home Highlights

Property Type
Multi-Family
Year Built
1891
Price/Sqft
$139
Parking
None

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
Commute Destination

About this House

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.
Last check for updates: about 3 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

Home Details for 2 and 4 S 16th Ave E

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 2Days on Market: 45

Property Information

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

Price & Status

Price
List Price: $399,900Price Per Sqft: $139
Status Change & Dates
Possession Timing: Subject To Tenant Rights

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: Duluth
School Information
High School District: Duluth #709

Agent Information

Listing Agent
Listing ID: 6126831

HOA

No HOA

Lot Information

Lot Area: 3484.8 sqft

Business

Expense
Tenant Pays: Electricity

Rental Terms, Policies & Fees

Owner Pays: Gas, Repairs, Water

Miscellaneous

BasementMls Number: 6126831Attribution Contact: ***Above Grade Unfinished Area: 2872

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.
  • Kcmccc
    "The proximity to commercial businesses is challenging, but has its upsides. The proximity to the lakewalk is a plus. The streets are often quiet. Many of the neighbors are nice and welcoming. "
  • Tim.Nelson1967
    "Lots of dog walkers. It’s a Quiet neighborhood that doesn’t appreciate barking or pooping in yards. "
  • Jessedykhuis
    "Congdon is safe and beautiful. Convenient and still residential. The homes are well crafted and the yards spacious. Schools are great! "

Market trends in Duluth

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$304K
$11.67K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$204
$10
MoM
Available listings
280
24
MoM

Home Value

Trulia Estimate
$370K
Since last month
Decreased$14K (-3.5%)
Since last year
Decreased$14K (-3.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -4% in the last 10 years
MonthEstimated value
2026
August 2026$370K
August 2026$369K
July 2026$384K

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
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 home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.01
$350,000
10
4
3,590
Recently Sold
0.05
$507,800
12
4
-
Off Market
0.06
$270,900
1
2
-
Off Market
0.07
$351,500
6
2
2,821
Off Market
0.07
$300,000
4
1.5
1,630
Off Market
0.08
$325,000
3
3
2,588
Recently Sold
0.07
$699,000
4
4
4,566
For Sale
0.07
$449,000
5
2
3,103
Recently Sold
0.10
$376,300
4
4
-
Off Market
0.09
$225,000
2
1
775
For Sale
0.12
$543,600
8
4
6,880
Off Market

Price and Tax history

DateEventPrice
Jul 17, 2026
Source: Lake Superior Area Realtors as distributed by MLS GRID #6126831
Listed For Sale
$399,900

LGBTQ Local Legal Protections

Adam Paulson, RE/MAX Results
Agent Phone: (218) 626-5913
Based on information submitted to the MLS GRID as of 2026-09-01 11:12:35 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

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Frequently asked questions about 2 and 4 S 16th Ave E

  • What is the estimated monthly payment for 2 and 4 S 16th Ave E?
    Based on a $399,900 list price with 20% down at today's rates, the estimated monthly payment for 2 and 4 S 16th Ave E in Duluth, MN is approximately $2,545 (about $2,113 principal & interest, $357 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 2 and 4 S 16th Ave E compare to homes in Duluth?
    2 and 4 S 16th Ave E in Duluth, MN is listed at $399,900, about 32% above the $304K median sale price in Duluth.
  • What do residents say about the Endion neighborhood?
    Residents describe the Endion neighborhood in Duluth, MN as pedestrian-friendly, dog-friendly, and easy to park in. See homes for sale in Endion, Duluth.
  • What are the closest schools to 2 and 4 S 16th Ave E?
    The closest schools to 2 and 4 S 16th Ave E in Duluth, MN are Congdon Park Elementary School (rated 8/10), East Senior High School (rated 10/10), Ordean East Middle School (rated 7/10).
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.