2 And 4 S 16th Ave E, Duluth, MN
$399,900
6
Beds
2,872
Square feet
0.08
Acres
About 2 And 4 S 16th Ave E
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.
Features of 2 And 4 S 16th Ave E
| MLS® # | 6126831 |
|---|---|
| Price | $399,900 |
| Bedrooms | 6 |
| Bathrooms | 0.00 |
| Square Footage | 2,872 |
| Acres | 0.08 |
| Year Built | 1891 |
| Type | Single Family |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 2 And 4 S 16th Ave E |
|---|---|
| City | Duluth |
| County | St. Louis County |
| State | MN |
| Zip Code | 55812 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | No |
| Basement | Full |
Exterior
| Construction | Wood |
|---|
School Information
| District | Duluth #709 |
|---|
Additional Information
| Date Listed | July 17th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $5,238 |
| Tax Year | 2026 |
| Office | RE/MAX Results |
Listing Details
| Office | RE/MAX Results |
|---|