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$350,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 3 Units
  • 5 Total Beds
  • Updated 2 days ago
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Excellent opportunity for owner-occupant to lower your cost of living or an investor. Licensed tri-plex centrally located in Duluth with a park view across the street and glimpses of the lake where you can watch the ships go by. Unit #1 has one bedroom, a full bathroom, living room, dining room, kitchen and a den. Unit #2 has two bedrooms, a 3/4 bath, living room, kitchen, dining room, and outdoor balcony. Unit #3 has two bedrooms, a full bathroom, living room and kitchen. There are two off street parking spaces off the alley. New roof and updated unit #3 in 2023. Current rents are $3,755 per month. Owner expenses $288 per month (trash and some utilities) and owner handles lawn and snow care. All units pay their own electricity.

Full Property Details for 1023 E 5th St

General

  • Price: $350,000
  • Taxes: $4,888 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: 1402
  • MLS ID: 6124115
  • Updated: 3/19/2026
  • Added to Site: 3 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 5

Parking

  • Parking Features: Off Street

Location

  • Area: R
  • County: St. Louis County
  • Driving Directions: Across from Portland Square on 5th St

School Information

  • High School District: Duluth #709

Heating & Cooling

  • Heating Type: Baseboard, Boiler, Natural Gas, Electric

Utilities

  • Sewer: Public Sewer
  • Water: City

Structural Information

  • Construction: Frame/Wood
  • Exterior Const.: Vinyl
  • Basement: Yes
  • Basement Desc.: Full
  • Foundation: Concrete
  • Roof: Asphalt Shingle
  • Stories/Levels: 2.25
  • Square Feet: 3,091
  • Year Built: 1906

Lot Features

  • Lot Size (Acres): 0.08
  • Lot Dimensions: 25 x 140
  • Development Status: Previously Owned

Financial Considerations

  • Price Per Sq. Ft.: $113.23
  • Tax Amount: $4,888
  • Tax Year: 2026
  • Terms: Cash, Conventional
  • Owner Pays: Lawn Care, Snow Removal, Trash Collection, Water, Sewer
  • Tenant Pays: Electricity

Disclosures and Reports

  • Condo: Yes
  • Legal Description: Lot 12, Block 113, PORTLAND DIVISION OF DULUTH AND LOT 12, Block 113 1/2, AUDITOR'S RE-ARRANGEMENT OF PART OF PORTLAND DIVISION OF DULUTH
  • Disclosures/Reports: Disc./Condition Report, LBP Disclosure
  • Property ID: 010-3830-18790

Listed by RE/MAX Results

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— 1023 E 5th St —

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Schools serving 1023 E 5th St

School District:Duluth Public School District
NameGradesDistance
Myers-Wilkins Elementary
1027 North 8th Avenue East, Duluth, MN 55805
PK-50.5 mi
Ordean East Middle School
2900 East 4th Street, Duluth, MN 55812
6-81.7 mi
East Senior High School
301 North 40th Avenue East, Duluth, MN 55804
9-122.8 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 1023 E 5th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/19/2026
Listed
$350,000
21.32%
MLS
8/01/2022
Sold
$288,500
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1023 E 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,878
—
$290,200
16%
2025
$4,878
12%
$251,100
8%
2024
$4,352
2%
$232,000
22%
2023
$4,268
11%
$190,400
2%
2022
$3,848
2%
$185,800
—
2020
$3,780
8%
$185,800
7%
2019
$3,494
24%
$173,100
17%
2018
$2,814
-7%
$148,000
-8%
2017
$3,038
-5%
$160,300
-8%
2016
$3,204
-3%
$173,900
—
2015
$3,288
—
$173,900
—
2014
$3,274
2%
$173,900
—
2013
$3,215
—
$173,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1023 E 5th St, Duluth, MN 55805 (MLS# 6124115) is a Multi-Family property with 3 units containing 5 bedrooms and 0 full bathrooms. 1023 E 5th St is currently listed for $350,000 and was received on March 19, 2026. Want to learn more about 1023 E 5th St? Do you have questions about finding other Multi-Family real estate for sale in Duluth? You can browse all Duluth real estate or contact a Coldwell Banker agent to request more information.

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