Date
Details
Price
Change
Source
6/24/2026
Listed
$495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Exceptional mixed-use investment opportunity in Carlton! This two-story brick building offers six income-producing units, including two commercial storefronts and four residential apartments. Positioned on Main Street with high visibility and a strong traffic count, the property enjoys a central location in the heart of town and is just two blocks from the local bike trail. The upper residential units have access to a second-story rear deck, while off-street parking provides added convenience for tenants and visitors. A washer and dryer serves the two upper-level apartments. Situated on two lots, this property combines historic character with practical amenities and a diversified income stream. Whether you're expanding an existing portfolio or seeking your next investment property, this well-cared-for asset offers strong appeal and lasting value. Schedule a personal tour today!
Full Property Details
Full Property Details for 206 3rd St
General
- Price: $495,000
- Taxes: $3,946 (2026)
- Status: Active
- Type: Multi-Family
- Source: 1402
- MLS ID: 6126326
- Updated: 6/25/2026
- Added to Site: 3 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: 2nd Floor, Share
Exterior
- Exterior Features: Deck
Parking
- Parking Features: Off Street
Location
- Area: R
- County: Carlton County
- Driving Directions: I-35 to Hwy 45 south to Carlton
School Information
- High School District: Carlton #93
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Construction: Poured Concrete
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Full
- Foundation: Poured Concrete
- Roof: Rubber
- Stories/Levels: 2
- Square Feet: 4,030
- Year Built: 1930
Lot Features
- Property View: City Lights
- Lot Size (Acres): 0.08
- Lot Dimensions: 75 x 50
- Development Status: Previously Owned
Financial Considerations
- Price Per Sq. Ft.: $122.83
- Tax Amount: $3,946
- Tax Year: 2026
- Terms: Cash, Conventional
- Owner Pays: Fuel, Lawn Care, Snow Removal, Trash Collection, Water, Sewer
- Tenant Pays: Electricity
Disclosures and Reports
- Condo: Yes
- Legal Description: S. 45' of N1/2 and N.30' of S 1/2 Lot 10, Block 12 Original Plat
- Property ID: 15-010-2140 and 15-010-2160
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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— 206 3rd St —
NMLS#: 1598647
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Schools
Schools serving 206 3rd St
School District:Carlton Public School District
| Name | Grades | Distance |
|---|---|---|
South Terrace Elementary School 530 Stine Drive, Carlton, MN 55718 | PK-5 | 1 mi |
Carlton Secondary 405 School Avenue, Carlton, MN 55718 | 6-12 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 206 3rd St
Tax History
Tax History for 206 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$3,826
—
$239,200
1%
2026
$3,826
-3%
$237,000
—
2023
$3,964
1%
$237,000
—
2023
$3,926
—
$237,000
23%
2023
$3,926
10%
$193,400
29%
2021
$3,584
-1%
$150,100
1%
2020
$3,628
—
$149,000
1%
2020
$3,628
1%
$147,600
—
2019
$3,600
-10%
$147,600
—
2017
$4,000
4%
$147,600
6%
2017
$3,854
—
$138,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 206 3rd St
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- Condo
- Active
- Updated 3 days ago
- 2Beds
- 1Total Bath
- 1,356Sq. Ft.
- Townhouse
- Active
- Updated 2 days ago
- 2Beds
- 1Total Bath
- 1,356Sq. Ft.
Listed by The Ron Tondryk Team (218) 393-3793
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- Lots/Land
- Active
- Updated 5 days ago
- 5Acres
Listed by Edina Realty, Inc.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 1Total Bath
- 990Sq. Ft.
Listed by My Place Realty, Inc.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 3Total Baths
- 2,589Sq. Ft.
Listed by RE/MAX Results Duluth
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- Single Family
- Closed
- 3Beds
- 2Total Baths
- 2,054Sq. Ft.
Listed by NextHome Perrine & Associates Realty
Sold by Non-MLS
Sold by Non-MLS
206 3rd St, Carlton, MN 55718 (MLS# 6126326) is a Multi-Family property with 6 units containing 6 bedrooms and 0 full bathrooms. 206 3rd St is currently listed for $495,000 and was received on June 24, 2026. This property is listed by The Ron Tondryk Team from our Lake Superior Region Office.Want to learn more about 206 3rd St? Do you have questions about finding other Multi-Family real estate for sale in Carlton? You can browse all Carlton real estate or contact a Coldwell Banker agent to request more information.