1122 E 5th Street, Duluth, MN 55805

$309,900
Property Type: Multi-Family Bedrooms: 5 Baths: 4 Square Footage: 2,518 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $309,900 List Date: 5/28/2026 Last Modified: 6/21/2026

Overview

Description

Fantastic opportunity in the heart of Duluth! This well maintained duplex offers the perfect blend of character, location, and long term investment strength. Both units feature beautiful hardwood floors that stand out and add warmth and charm throughout. The upper unit is a spacious 3 bedroom, 2 bath, leased through 5/20/27 at $1,700/month, while the lower 2 bedroom, 2 bath unit is leased through 7/28/26 at $1,100/month, creating an ideal owner occupied option or strong midterm potential. Tenants pay all utilities, keeping operating costs low. The property offers ample off street parking with room for a future garage pending city approval. Located minutes from downtown, hospitals, public transportation, and UMD, this location consistently attracts a deep pool of potential tenants. A truly exciting, well cared for property with outstanding long term investment potential. Call today before it’s gone!

Listing Details MLS# 7081629

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1906
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1127
Above Ground SqFt
2518
Total SqFt
2518
Foundation Size
1128
Style
(MF) Duplex Up and Down
Total Finished Sqft
2518.00
Power Company
Minnesota Power
Lot Dimensions
50x130
Acres
0.14
Assessment Pending
No
# Carport Spaces
0
Below Grd Total SqFt
0
Garage Stalls
0

Property Features

Accessible: None Basement: Other Construction Materials: Stone Construction Status: Previously Owned Exterior: Aluminum Siding Foundation: Stone Fuel: Natural Gas Heating: Boiler; Radiant Laundry: Common Area; Electric Dryer Hookup; In Basement; Washer Hookup Lock Box Type: Combo Lot Description: Public Transit (w/in 6 blks) Owner Pays: Lawn; Maintenance/Repair; Management; Snow Removal Parking Characteristics: Gravel Lot Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less Sewer: City Sewer/Connected Stories: Two Tenant Pays: All Utilities Unit 1 Amenities: Hardwood Floors; Main Floor Primary Bedroom Unit 1 Appliances: Dishwasher; Range; Refrigerator Unit 1 Bath Description: Main Floor 1/2 Bath; Main Floor Full Bath Unit 1 Dining Room Description: Eat In Kitchen Unit 1 Special Search: Main Floor Bedroom; Main Floor Primary Unit 2 Amenities: Hardwood Floors Unit 2 Appliances: Dishwasher; Range; Refrigerator Unit 2 Bath Description: Upper Level 1/2 Bath; Upper Level Full Bath Water: City Water/Connected

Contract Information

Contingency
Inspection
Original List Price
309900
ListPrice
309900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1122
Street Direction Prefix
E
Street Name
5th
Street Suffix
Street
Postal City
Duluth
County
St. Louis
State
MN
Zip Code
55805
Complex/Dev/Subdivision
Portland Div Of Duluth

Assessments

Assessment Balance
34
Tax With Assessments
4562

Basement

Foundation Dimensions
24x47
Other
Yes

More Information

Building Information

Finished SqFt Above Ground
2518

Income and Expenses

Annual Electric Expense
2760
Annual Fuel Expense
3245.97
Annual Gross Expenses
8176
Annual Gross Income
33600
Annual Water/Sewer Expense
2169.62
Annual Caretaker Expense
0
Annual Insurance Expense
0
Annual Maintenance Expense
0
Annual Repair Expense
0
Annual Trash 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
2026-07-28
Leased?
Yes
Level
Main Level
Unit Number
Yes
1/2 Baths
Yes
Annual Rent
13200
Finished SqFt
1127
Full Baths
Yes
Monthly Expense
316
Monthly Rent
1100
No. of Units Like This
Yes
Total Baths
2
Total Bedrooms
2
Total Rooms
7

Unit 2

Furnished?
No
Lease Expiration Date
2027-05-20
Leased?
Yes
Level
2nd Level
Unit Number
2
1/2 Baths
Yes
Annual Rent
20400
Finished SqFt
1391
Full Baths
Yes
Monthly Expense
365
Monthly Rent
1700
No. of Units Like This
Yes
Total Baths
2
Total Bedrooms
3
Total Rooms
9

Unit Details

Total Units
2

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
LOTS 10 AND 11
Listing City
Duluth
Map Page
999
Municipality
Duluth
School District
Duluth
School District Phone
218-336-8700
Zip Plus 4
8889
Property ID Number
010383016730
Tax Year
2026
Tax Amount
4528
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Fantastic opportunity in the heart of Duluth! This well maintained duplex offers the perfect blend of character, location, and long term investment strength. Both units feature beautiful hardwood floors that stand out and add warmth and charm throughout. The upper unit is a spacious 3 bedroom, 2 bath, leased through 5/20/27 at $1,700/month, while the lower 2 bedroom, 2 bath unit is leased through 7/28/26 at $1,100/month, creating an ideal owner occupied option or strong midterm potential. Tenants pay all utilities, keeping operating costs low. The property offers ample off street parking with room for a future garage pending city approval. Located minutes from downtown, hospitals, public transportation, and UMD, this location consistently attracts a deep pool of potential tenants. A truly exciting, well cared for property with outstanding long term investment potential. Call today before it’s gone!
Directions
From London Rd, turn uphill onto 12th Ave E. Continue to E 5th St. Turn left onto E 5th St. Property will be on your left.

Accessible

None
Yes

Construction Materials

Stone
Yes

Construction Status

Previously Owned
Yes

Exterior

Aluminum Siding
Yes

Foundation

Stone
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes
Radiant
Yes

Laundry

Common Area
Yes
Electric Dryer Hookup
Yes
In Basement
Yes
Washer Hookup
Yes

Lock Box Type

Combo
Yes

Lot Description

Public Transit (w/in 6 blks)
Yes

Owner Pays

Lawn
Yes
Maintenance/Repair
Yes
Management
Yes
Snow Removal
Yes

Parking Characteristics

Gravel Lot
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age 8 Years or Less
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

No. of Ranges

Two
Yes

No. of Refrigerators

Two
Yes

Tenant Pays

All Utilities
Yes

Unit 1 Amenities

Hardwood Floors
Yes
Main Floor Primary Bedroom
Yes

Unit 1 Appliances

Dishwasher
Yes
Range
Yes
Refrigerator
Yes

Unit 1 Bath Description

Main Floor 1/2 Bath
Yes
Main Floor Full Bath
Yes

Unit 1 Dining Room Description

Eat In Kitchen
Yes

Unit 1 Special Search

Main Floor Bedroom
Yes
Main Floor Primary
Yes

Unit 2 Amenities

Hardwood Floors
Yes

Unit 2 Appliances

Dishwasher
Yes
Range
Yes
Refrigerator
Yes

Unit 2 Bath Description

Upper Level 1/2 Bath
Yes
Upper Level Full Bath
Yes

Documents

IDX
Listing Office: Coldwell Banker Realty - Dulut
Last Updated: June - 21 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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