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Hatch Brokered by Real

| Hatch Brokered by Real | Real Brokerage LLC | PLACE

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1931 E Superior St , Duluth, MN 55812
$389,900
Est. Payment: $2,014.41/mo
6 Bed
3 Bath
2300 Sqft
Status: Active | Days on site: 20
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26415 - 498506367
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Hatch Brokered by Real, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Hatch Brokered by Real
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House Description

Welcome to 1931 E Superior St — a prime investment opportunity located in the heart of Duluth’s desirable East Hillside neighborhood. This spacious 6-bedroom, 3-bathproperty offers over 2,300 square feet across three finished levels and has proven to be an exceptional long-term rental asset with no vacancy for nearly 30 years. Its close proximity to local colleges, downtown Duluth, Lake Superior, restaurants, and trail systems makes it an ideal setup for student housing and strong long-term rental demand. The home features a functional layout with multiple living spaces, generously sized bedrooms, and flexible bonus areas that appeal to a wide tenant base. All six bedrooms are large in size, providing comfortable accommodations for renters, while abundant windows throughout bring in natural light and preserve the classic character of the home. The third floor offers great views of Lake Superior, adding additional appeal and character to the property. The home has seen several key updates, including a newer roof, newer siding, new windows, and a new boiler, along with ample off-street parking and newly installed concrete sidewalks in the rear forimproved access and durability. The property also includes two refrigerators and a dishwasher, adding convenience and functionality for tenants. Adding further long-term value, the property is also wired and plumbed with potential to be configured as a triplex, offering future flexibility and upside for investors. The property is currently leased for $3,780 per month with tenants paying all utilities, creating strong cash flow potential and low owner expense responsibility. Current lease terms run from June 1, 2026 through May 19, 2027, offering immediate and stable rental income for the next owner. With its established rental history, consistent occupancy, desirable location near colleges, strong income potential, and future conversion flexibility, 1931 E Superior St presents an outstanding opportunity for investors seeking a proven and dependable Duluth rental property.
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Highlights

Listed by Jordan R DeCaro , 218-428-0861 RE/MAX Results , 218-722-2811. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Residential
Lot/Acreage
0.11

Year Built

1902

County

St. Louis

 Neighborhood

Endion Div Of Duluth

 School District

Duluth

Listing ID

7128360

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:1
  • ▪ 3/4 Bathrooms:2
Above Ground Sq Ft:2300
Below Ground Sq Ft:0
Basement:Full
Other:
  • ▪ Additional:Main Floor Full Bath, Upper Level 3/4 Bath
Water:City Water/Connected

Exterior Features

Lot Dimensions:32x138
Zoning:Residential-Single Family
Sewer:City Sewer/Connected
Parking Features:On-Street Parking Only
Principal Interest
$2,014
Taxes
$422

Home Price

$389,900

Loan Details

30 yrs
6.708%

Down Payment

20%
$77,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,014.41

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,014.41 $421.83 $0.00 $2,436.24
Yearly $24,172.88 $5,062.00 $0.00 $29,234.88
Total $725,186.37 $151,860.00 $0.00 $877,046.37
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Will Provost
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The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-06T04:57:07.000Z

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