2403 & 2407 W 3rd St, Duluth, MN 55806
Property image
Property image
FOR SALE

$399,900

  • 2 Beds
  • 1 Bath
  • 3,830 sqft

2403 & 2407 W 3rd St, Duluth, MN 55806

Lincoln Park
Est. Mortgage $2,569/mo*
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Home Highlights

Multi-Family
Built in 1903
$104/sqft

Local Information

  • Map ViewExplore the area around 2403 & 2407 W 3rd St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Exceptional investment opportunity featuring two side-by-side duplexes with strong cash flow. Both properties are structurally and mechanically sound, but could be improved with cosmetic updates. Priced well below the 1% rule, these income-producing properties present an attractive opportunity for investors seeking strong cash flow and upside. Includes convenient coin-operated laundry, providing an additional income stream. Whether you're looking to expand your portfolio or invest in a multi-property package, this is a rare chance to acquire four rental units at an attractive price with significant potential.
Last check for updates: about 21 hours ago
Listing courtesy of Adam Paulson, (218) 626-5913
RE/MAX Results
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6126832
Also Listed on Lake Superior Area Realtors as distributed by MLS GRID.

Home Details for 2403 & 2407 W 3rd St

Interior Features

Interior Details
Basement: Full
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1
Dimensions and Layout
Living Area: 3830 Square Feet
Heating & Cooling
Heating: BoilerHas HeatingHeating Fuel: Boiler
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): 3830 Square Feet

Days on Market

Cumulative Days on Market: 2Days on Market: 61

Property Information

Year Built
Year Built: 1903
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Fiber Board, Asphalt, Frame/Wood
Property Information
Parcel Number: 010118001580, 010118001570, 010118001560

Price & Status

Price
List Price: $399,900Price Per Sqft: $104
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: 6126832

HOA

No HOA

Lot Information

Lot Area: 9147.6 sqft

Business

Expense
Tenant Pays: Electricity

Rental Terms, Policies & Fees

Owner Pays: Gas, Grounds Care, Trash Collection

Miscellaneous

BasementMls Number: 6126832Attribution Contact: ***Above Grade Unfinished Area: 3830

Around this home

Neighborhood Overview

Lincoln Park
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Lincoln Park

At least 54 Trulia users voted on each feature.

  • 91 % Say there are sidewalks

  • 85 % Say it's dog friendly

  • 80 % Say car is needed

  • 79 % Say yards are well-kept

  • 66 % Say kids play outside

  • 66 % Say there's wildlife

  • 63 % Say parking is easy

  • 61 % Say it's walkable to restaurants

  • 52 % Say neighbors are friendly

  • 49 % Say there's holiday spirit

  • 44 % Say people would walk alone at night

  • 37 % Say it's quiet

  • 36 % Say streets are well-lit

  • 33 % Say they plan to stay for at least 5 years

  • 30 % Say there are community events

  • 19 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • LincolnParker3910
    "Lots of families around. The playground at Lincoln Park is full of kids and families from sun up to sun down. I’d say every other house has a family in it. Lots of chalk drawings on the sidewalk. "
    1
    Flag
  • Maddielozinski1
    "Easy access to public transportation, when no construction short commute to downtown and mall district and west Duluth"
    0
    Flag
  • Fludbudd
    "It’s dog friendly as long as you clean up behind them. Lot’s of well mannered dogs . Only problem. No dog park in the area. "
    2
    Flag
  • Matt M.
    "There are good hiking trails and paths for walking your dog. The dogs in the neighborhood are leashed and friendly. "
    0
    Flag
  • Fludbudd
    "It’s quiet slow pace most of the time. Petty crime mostly. Things like car windows broken. Garage trespassing petty theft in the area but it’s livable "
    0
    Flag
  • Blmaruska
    "Lincoln Park great trail and park for dogs. Dogs in yards are leashed. Most streets are residential and slow. Good for dogs. "
    1
    Flag
  • Elora W.
    "They would not like unleashed dogs as there are lots of dogs in the neighborhood. Most people are respectful about their animals in the community."
    0
    Flag
  • Kia V.
    "Our neighborhood has a lot of different walks of life. The bus routes are strong and reliable. The night time isn’t always the safest in this area."
    1
    Flag
  • Dayton U.
    "On the boarder of a higher crime area. Middle school up the street, resulting in some vandalism by kids as the walk home from school in loud groups."
    0
    Flag
  • Kyra
    "This neighborhood is very family friendly and welcoming. My neighbors are very friendly and helpful and the bus line is very close and easy to get to work."
    0
    Flag
  • Nick F.
    "Neighbors walking dogs daily, best not to keep them outside alone though as mailman tends to complain about the barking even if they are behind a enclosed fence. "
    0
    Flag
  • Neilartcaron
    "Great spot for dogs! Not a lot of traffic, and access to the Superior Hiking Trail. The only downside is lack of dog friendly fields or parks to play ball/frisbee."
    0
    Flag
  • Ttr d.
    "Lots of places to walk your dog. Many parks, especially beautiful Lincoln Park and many nearby trails. Most people seem conscientious of picking up after their dogs, but still a lot don’t. Negative is bad sidewalks and unkept homes to walk by in certain areas. "
    0
    Flag
  • Scottadamski
    "I grew up here and would like to make this my permanent home but rent is very high compared with the wages earned."
    3
    Flag
  • Lillirose113
    "The neighbors are a hoot. From possessive parking spot on the street to not obeying leash laws. There’s always something to make your eyes roll."
    1
    Flag
  • m l.
    "Quiet neighborhood, friendly neighbors, easy access to freeway, 15 minutes or less to anywhere. "
    1
    Flag

Market trends in Duluth

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$311K
$8.33KMoM
Sale-to-List Price
100.0%
Price per sq ft
$208
$4MoM
Available listings
295
14MoM

Home Value

Trulia Estimate
$374K
Since last month
Decreased$14K (-3.7%)
Since last year
Decreased$14K (-3.7%)
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
September 2026$370K
August 2026$374K
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
2424 W 2nd St, Duluth, MN
0.12
Multi-Family Home
$250,000
04/30/26
3
2
1,566
2821 W 1st St, Duluth, MN
0.41
Multi-Family Home
$195,000
01/31/26
3
2
1,914
326 N 19th Ave W, Duluth, MN
0.48
Multi-Family Home
$210,000
04/16/26
2
2
1,204
2826 W 3rd St, Duluth, MN
0.40
Multi-Family Home
$149,900
02/26/26
3
2
1,476
2813 Wellington St, Duluth, MN
0.40
Multi-Family Home
$235,000
03/02/26
4
2
2,728
2714 W 2nd St, Duluth, MN
0.30
Multi-Family Home
$175,000
08/24/26
4
2
1,696
2815 W 3rd St, Duluth, MN
0.37
Multi-Family Home
$249,900
07/30/26
4
2
2,044
314 Winnipeg Ave #316, Duluth, MN
0.45
Multi-Family Home
$264,000
08/20/26
4
3
3,285

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
2409 W 3rd St, Duluth, MN 55806
0.01
$171,000
4
2
1,880
Recently Sold
XX W 3rd St, Duluth, MN 55806
0.02
-
-
-
-
Off Market
2400 W 4th St, Duluth, MN 55806
0.06
-
-
-
-
Off Market
324 N 25th Ave W, Duluth, MN 55806
0.07
$258,200
6
2
2,441
Off Market
2502 W 3rd St, Duluth, MN 55806
0.08
$229,900
5
2
2,920
For Sale
2315 W 4th St, Duluth, MN 55806
0.10
$193,200
2
1
1,126
Off Market
2326.5 W 5th St, Duluth, MN 55806
0.10
$172,700
2
1
990
Off Market
2418 W 2nd St, Duluth, MN 55806
0.10
$250,000
3
1.5
1,166
Recently Sold
2326 W 2nd St, Duluth, MN 55806
0.11
$180,000
3
1
1,352
Recently Sold
2322 W 2nd St, Duluth, MN 55806
0.11
$199,500
3
2
1,224
Off Market
2502 W 2nd St, Duluth, MN 55806
0.12
$270,000
7
2
2,496
Recently Sold

Price and Tax history

DateEventPrice
Jul 17, 2026
Source: Lake Superior Area Realtors as distributed by MLS GRID #6126832
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 2026-09-15 23:37:16 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 2403 & 2407 W 3rd St

  • What is the estimated monthly payment for 2403 & 2407 W 3rd St?
    Based on a $399,900 list price with 20% down at today's rates, the estimated monthly payment for 2403 & 2407 W 3rd St in Duluth, MN is approximately $2,625 (about $2,193 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 2403 & 2407 W 3rd St compare to homes in Duluth?
    2403 & 2407 W 3rd St in Duluth, MN is listed at $399,900, about 29% above the $311K median sale price in Duluth.
  • What do residents say about the Lincoln Park neighborhood?
    Residents describe the Lincoln Park neighborhood in Duluth, MN as pedestrian-friendly, dog-friendly, and well-kept. See homes for sale in Lincoln Park, Duluth.
  • What are the closest schools to 2403 & 2407 W 3rd St?
    The closest schools to 2403 & 2407 W 3rd St in Duluth, MN are Denfeld Senior High School (rated 5/10), Lincoln Park Middle School (rated 4/10), Piedmont Elementary School (Pre-K, rated 7/10).
2403 & 2407 W 3rd St, Duluth, MN 55806 is a 2 bedroom, 1 bathroom, 3,830 sqft multi-family built in 1903. 2403 & 2407 W 3rd St is located in Lincoln Park, 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# 6126832.