518 North Lake Avenue

Duluth, MN 55805

$279,000
Price
4
Beds
2
Baths
1,600 Sq. Ft.
$174 / Sq. Ft.
1,600
Sq. Ft.
$174
per Sq. Ft.

Description

Looking for that hillside duplex with tons of potential? This is it. Views of Lake Superior from both units! Very close to eveything downtown/canal park, and not far up the hill to Central Entrance. Updated kitchens, floors, bathrooms, countertops, decks/stairs, and mechanicals. Tenants pay all utilties. If you are looking for a low maintenance investment, this one could be for you!Looking for that hillside duplex with tons of potential? This is it. Views of Lake Superior from both units! Very close to eveything downtown/canal park, and not far up the hill to Central Entrance. Updated kitchens, floors, bathrooms, countertops, decks/stairs, and mechanicals. Tenants pay all utilties. If you are looking for a low maintenance investment, this one could be for you!
  1. Listed by Aiden Bachand • Bachand Realty

Property Details for 518 North Lake Avenue

Area
LSAR
Geo Subdivision
MN
Waterfront
No
LISTING UPDATED: 10/28/2024 08:25 PM

Property Details for 518 North Lake Avenue

StatusActive
MLS #6114447
Days on Compass155
Taxes$3,904 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / Duplex
Year Built1891
Lot Size0.13 AC / 5,662 SF
CountySt. Louis County

Building Information for 518 North Lake Avenue

Stories-Residences-Year Built1891Building Size-Lot Size0.13 AC / 5,662 SF

Property Information for 518 North Lake Avenue

Summary
Location and General Information
  • City: Duluth
  • State: MN
  • County: St. Louis County
  • Directions: Traveling North on Mesaba Ave, take a right onto W 7th St, take another right onto Lake Ave, building will be on the left hand side after a block.
  • Road Frontage: City
  • View: Lake Superior
  • Zip: 55805
Taxes and HOA Information
  • Association Fee: No
  • Parcel Number: 010-1030-00840
  • Tax Year: 2024
  • Tax Amount: $3,904.00
Parking
  • Garage Type: None
  • Number of Garage Spaces: 0
  • Parking/Driveway: Driveway - Asphalt, Off Street
School Information
  • School District: Duluth #709
Property
Property and Assessments
  • Class: MULTI-FAMILY
  • Classification (MN): NonHomestead
  • Possession: Immediate
  • Terms: Cash, Conventional
  • Type: Duplex
Lot Information
  • Approx Lot Dimension: 55 x 100
  • Approx Number of Acres: 0.13
  • Basement Sq Ft: 800.0
  • Construction Type: Frame/Wood
  • Fin Footage-Above Grade: 1600.0
  • Fin Footage-Below Grade: 0.0
  • Foundation Dimensions: 40 x 20
  • Stories: 2 Story
  • Total Fin Square Footage: 1600.0
  • Year Built: 1891
Utilities
  • Mechanicals: Water Heater - Gas
  • Sewer: City
  • Water: City
Interior and Exterior Features
Exterior Features
  • Amenities-Exterior: Deck
  • Exterior: Vinyl
  • Laundry: In Unit
  • Roof: Composite
Interior Features
  • Basement Features: Unfinished, Owner Access, Utility Room
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
Multi Family
Multi-Family Information
  • Number of Units: 2
Unit 1
  • Total # of Bedrooms 1: 2
  • Total # of Bathrooms 1: 1
  • Full Baths 1: 1
  • 3/4 Baths 1: 0
  • 1/2 Baths 1: 0
  • 1/4 Baths 1: 0
  • Unit Square Footage 1: 800.0
  • Unit Level 1: Lower
  • Unit number 1: Apt 1
  • Appliances 1: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
Unit 2
  • 1/2 Baths 2: 0
  • 1/4 Baths 2: 0
  • 3/4 Baths 2: 0
  • Full Baths 2: 1
  • Total no of Bathrooms 2: 1
  • Total number of Bedrooms 2: 2
  • Unit Square Footage 2: 800.0
  • Unit number 2: Apt 2
  • Unit Level 2: Upper
  • Appliances 2: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
Rental
Rent Information
  • Leased 1: Yes
  • Leased 2: Yes
  • Occupied By: Rental

Property History for 518 North Lake Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 518 North Lake Avenue

Taxable ValueLand$44,700Additions$162,600Total$207,300
Tax Record2024$3,904 ($325 / month)
Home Facts
Total Finished SqFt1,600 SqFtAbove Grade Finished SqFt1,600 SqFtStories2StyleMulti-Family Dwelling (2-4)Year Built1891CountyST. LOUISAPN010-1030-00840

Schools near 518 North Lake Avenue

This home is within Duluth Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Myers-Wilkins Elementary
PublicPK to 5

Lincoln Park Middle School
Public6 to 8

Denfeld Senior High School
Public9 to 12

Duluth Area Learning Center
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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518 North Lake Avenue is a multi-family home for sale in Duluth, MN 55805. This property was listed for sale on June 21, 2024 by Bachand Realty, it's currently listed at $279,000. It has been on the market for a total of 155 days and was last sold on November 1, 2021. This listing's school district is Duluth Public School District. Nearby schools include Myers-Wilkins Elementary, Lincoln Park Middle School and Denfeld Senior High School. 518 North Lake Avenue is a 4-bed, 2-bath, 1,600 sqft multi-family home built in 1891.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bachand Realty

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 10/28/2024 08:25 PM