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224 E 6th St, Duluth, MN, 55805

4beds
2baths
1,936sqft
$275,000
$142price/sqft
$2,074/moest. monthly cost
$82,960/yrincome needed

About This Home

OPPORTUNITY sits quietly just minutes from Canal Park—this duplex delivers the income potential investors are looking for. Positioned in a highly desirable Duluth location, this up/down duplex offers a strong blend of immediate cash flow and long-term equity growth. Each unit features 2 bedrooms and 1 bathroom with functional layouts that consistently attract tenants. Rental income is already in place with the upper unit leased at $1,095/month and the lower unit bringing in $1,075/month. The lower unit is currently undergoing updates, including fresh paint and new stainless steel kitchen appliances—providing a clear path to increased rental value and enhanced appeal. Additional highlights include basement laundry with separate washer and dryer for each unit, adding convenience and tenant independence. The currently vacant lower unit also offers flexibility for owner-occupants or investors looking to set new lease terms at market rates. With its prime location, solid rental structure, and value-add potential, this property stands out as a smart addition to any portfolio. Schedule your private showing today and secure your next investment opportunity.

Getting Around

73
WalkingVery Walkable
50
TransitGood Transit
40
BikeSomewhat Bikeable

Schools

1/10
Myers-Wilkins ElementaryGrades PK-50.6 mi
3/10
5/10

Construction

Condition

  • Year built: 1916

Materials

  • Roof: Age Over 8 Years

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex Up and Down

Interior

Basement

  • Has basement: Yes
  • Basement: Block,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Features

  • Finished area below ground: 976
  • Finished area above ground: 1,936

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 1,936
  • Total interior livable area: 1,936 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 010127004710
  • Zoning description: Residential-Multi-Family
  • Foundation area: 976

Features

  • Levels: Two
  • Pool features: None
  • Patio & porch: Porch

Lot

  • Lot size: 3,484 sqft
  • Lot size dimensions: 25 x 140

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Hail
    HailModerate

How This Home’s Risks Compare

Lightning
Hail

FEMA Declared Disasters in St. Louis County and Minnesota

Fire
Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,390$16,680
Home Insurance *$157$1,884
Property Taxes $357$4,284
Electricity $170$2,050
Total$2,074$24,888
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$71,108/yr
40% on housing$62,220/yr
45% on housing$55,306/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 2.8%
2.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$142This listing

vs Other Active Listings

Avg $/sqft

ZIP 55805$138
St. Louis County$177

vs Homes Sold Last Month

Median $/sqft

ZIP 55805
St. Louis County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-23Listed for sale$275,000
2016-06-11Listing removed$745
2016-03-05Listing removed$825
2016-02-25Price change$825
2016-02-23Listed for rent$845
2015-04-24Listing removed$795
2015-03-03Price change$795
2015-02-12Listed for rent$775
2014-08-08Sold$90,000
2012-10-09Sold$90,000
2005-06-27Sold$103,000

For Sale by Agent

AgentJordan Kirschner
BrokerageeXp Realty

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