




2417 Vermilion Rd, Duluth, MN, 55803
About This Home
High-Capacity Duplex with Exceptional Income Potential in Excellent Condition Welcome to 2417 Vermilion Rd—an impressive duplex offering spacious layouts and outstanding rental potential. With identical units, this property is ideal for investors seeking consistency and strong occupancy appeal. Each unit features 5 bedrooms and 2 full bathrooms, providing ample space for tenants and maximizing rental income. The open-concept living area flows seamlessly into the kitchen, creating a functional and inviting space for everyday living and gathering. Both units mirror each other in layout and design, making management straightforward and efficient. Shared laundry is conveniently located in the basement, and the tuck-under garage offers excellent storage space for the owner or landlord. The duplex is equipped with electric heat and an air exchanger, supporting efficiency and year-round comfort. With plenty of off-street parking, this property becomes even more attractive—when paired with the neighboring single family rental at 2425 Vermilion Rd, offering a unique opportunity to expand your investment portfolio side-by-side. With plenty of off-street parking and large unit sizes that are hard to find, this property stands out as a high-performing investment opportunity. Spacious, functional, and income-generating—this is a property you don’t want to miss. ***THIS PROPERTY MUST BE PURCHASED WITH 2425 Vermilion Rd***
Getting Around
Schools
Construction
Condition
- Property condition: Previously Owned
- Year built: 2003
Materials
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
- Construction materials: Vinyl,Frame/Wood
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Appliances
- Appliances included: Dishwasher,Range,Refrigerator
- Laundry features: Common Area,In Basement
Basement
- Has basement: Yes
- Basement: Full,Walkout
Bedrooms & Bathrooms
- Bedrooms: 10
- Bathrooms: 4
Features
- Finished area below ground: 0
- Finished area above ground: 2,912
Heating
- Heating features: Electric
Interior Area
- Total interior livable area: 2,912 sqft
Property
Details
- Parcel number: 010387000160
Lot
- Lot size: 0.36 Acres
- Lot size dimensions: 90 x 175
Parking
- Total spaces: 6
- Parking features: Off Street,Tuckunder
- Has garage: Yes
- Attached garage spaces: 6
- Covered spaces: 6
- Has uncovered spaces: Yes
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
- Inland Flooding
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in St. Louis County and Minnesota
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,528 | $30,336 |
| Home Insurance * | $182 | $2,184 |
| Property Taxes | $438 | $5,256 |
| Electricity | $245 | $2,947 |
| Total | $3,393 | $40,716 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
No market data available for this area
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-24 | Listed for sale | $500,000 |
| 2019-11-14 | Listing removed | $1,500 |
| 2019-11-05 | Listed for rent | $1,500 |
| 2003-10-23 | Sold | $44,000 |
| 2003-02-21 | Sold | $38,000 |
| 2002-10-18 | Sold | $15,000 |
