



Great opportunity to own a well-established 5-bedroom, 2-bathroom rental property conveniently located just 1.5 miles from both UMD and CSS. Situated on a quiet street, this single-family home offers six off-street parking spaces, additional on-street parking, and a bus stop just one block away. The property is currently leased through May 2027 at $2,850 per month, with tenants paying utilities, and has maintained a zero-vacancy history since the current ownership began in 1991. The functional layout offers 1,766 finished square feet with five bedrooms, a full upper-level bathroom, and a 3/4 bathroom in the basement. Updates and amenities include a walk-in shower, two refrigerators, dishwasher, washer and dryer, dehumidifier, new washing machine and dishwasher, plus a new roof installed in 2023. An active City of Duluth rental license is in place through 11/1/2027, with the most recent inspection completed 8/15/2025. 2026 property taxes are $2,910 and insurance is approximately $1,297 annually. With a long rental history, convenient location near both campuses, ample parking, and established rental income, this property offers a great opportunity for an investor looking to add a proven rental to their portfolio.
| Year | Tax amount | |
|---|---|---|
| 2026 | USD $2876 | AUD $4,151* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.com.au nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.com.au recommends that you independently verify any information before relying on it.
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Property ID: 110120014557
Original Property ID: 3yd-DAARMN-6128190