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$325,000

For Sale

4 hours ago

1916 Lawn St, Duluth, MN

House

MLS® 6124189

5 Bed

2 Bath

1922 sqft

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  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1922 sqft
Garage No
Taxes $3,854
Days Active 0
Lot Size 0.11 acres
Approx. Age 1929
Avg. Price Per Sqft $169
MLS® Number 6124189

Property Address: 1916 Lawn St, Duluth, MN, 55812-1156

Average square foot calculated using Size range provided by listing agent.

Description

Excellent cash-flowing rental property located just one block from the main UMD parking lot. This is an ideal opportunity for investors or for parents seeking housing for a student attending UMD or the College of St. Scholastica. Thanks to its highly desirable location, the home has never experienced a vacancy and has been well-maintained. With five bedrooms, the property’s rental income comfortably covers operating expenses and mortgage costs. The main level offers an inviting, open layout, a gas fireplace for cozy evenings and includes an additional refrigerator for tenant convenience. The rental license is active and fully transferable. The floor plan features two bedrooms and a full bath on the main level, along with three bedrooms and a 3/4 bath in the lower level. Most windows were replaced just before the current owners purchased the property. The living room, dining room, and all lower-level lookout windows have been updated within the past 3 years. A significant recent upgrade is the brand-new 2025 boiler, which also functions as an on-demand water heater. This efficient system helps keep heating costs low by eliminating the need to maintain a full tank of hot water and removes the future expense of replacing a traditional water heater. Current rent is $2, 875 per month with the lease expiring on May 31, 2026. All tenants are vacating the property. The next 12 month rental cycle is projected at $3, 000 per month, still below comparable nearby properties, which typically run $50–$75 higher per room. This is an outstanding opportunity to own a strong, income-producing property while also potentially providing housing for a student with a fully transferable rental license. Let this investment work for you or enjoy it as a regular single family home with excellent proximity to campus.
MLS® Number6124189
Laundry Level
Central VacNo
FireplaceNo
Acreage0.11
Exterior
GarageNo
Approx. Age1929
BasementFull
DrivewayConcrete, Gravel
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Rooms

Bedroom 1:Main FloorNot available
Bedroom 3:Lower LevelNot available
Bedroom 2:Lower LevelNot available
Dining Room:Main FloorNot available
Other:Main FloorNot available
Bedroom 4:Lower LevelNot available
Bathroom 2:Lower LevelNot available
Living Room:Main FloorNot available
Kitchen:Main FloorNot available
Other:Main FloorNot available
Bathroom 1:Main FloorNot available

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 26, 2026List Date
$325,000List Price

Home Appraisal

This property is estimated to sell between: $299,000 and $338,000.
Similar properties in this area sold on average for: $299,700
Expect to pay under asking. 80% of similar properties sold for less than the asking price.
Expected to sell in 16 days. Similar properties sold in 16 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
1916 Lawn St, Duluth, MN

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