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$425,000
8 Beds ⋅ 4 Baths ⋅ 7133459 MLS
OUTSTANDING 4-PLEX INVESTMENT OPPORTUNITY IN THE HEART OF BABBITT! Well-maintained multi-family property offering an excellent opportunity for investors or an owner-occupant looking to build equity while rental income helps offset expenses. The spacious owner’s unit provides comfortable living space, while the additional units and detached garages offer strong income potential. Numerous recent improvements include new roofs on both buildings, updated siding, fresh exterior paint, newer windows, and additional updates throughout. Tenants have access to a shared laundry area, while the owner’s unit features private laundry and a cozy gas fireplace. The property is conveniently located near lakes, parks, snowmobile and ATV trails, and year-round outdoor recreation, making it an attractive location for renters and outdoor enthusiasts. Whether you're looking to house-hack and have tenants help with the mortgage or add a solid income-producing property to your investment portfolio, this 4-plex offers flexibility, desirable improvements, and long-term potential. Don't miss this opportunity to own income-producing real estate in Babbitt!

12 Linney Street, Babbitt

Listing courtesy of Anchor Realty.

$489,900
6 Beds ⋅ 2 Baths ⋅ 7132230 MLS
Beautifully updated 6-bedroom, 2-bath home with nearly 2,500 finished square feet and plenty of character throughout. The spacious main living area features hardwood floors, a fireplace, large windows, and eye-catching original architectural details. The remodeled kitchen offers dark cabinetry, solid-surface countertops, newer appliances, and generous workspace. Additional highlights include updated electrical, plumbing, bathrooms, windows and doors, plus a detached two-stall garage with additional finished space above. Situated on a corner lot in Duluth and conveniently located near area colleges, shopping, dining, and everyday amenities, this home offers a great blend of classic charm, space, and modern updates.

1801 E 2nd Street, Duluth

Listing courtesy of RE/MAX Results.

$549,900
10 Beds ⋅ 3 Baths ⋅ 7129180 MLS
Welcome to 1432 E 4th St- a high-performing duplex investment opportunity located in the heart of Duluth’s East Hillside neighborhood near local colleges, downtown Duluth, and Lake Superior. This spacious multi-unit property offers an ideal setup for student housing or long-term rentals with strong income potential and a functional layout designed to accommodate large tenant groups. Situated on a lot and a half, the property also offers ample off-street parking for residents, a highly desirable feature for multi-tenant housing. The property also features a newer roof, adding additional value and peace of mind for future ownership. This classic Duluth property has been meticulously maintained and is filled with amazing character, beautiful original woodwork, and stunning hardwood floors throughout, offering timeless charm that tenants appreciate while showcasing the pride of ownership carried throughout the property. The upper unit features 5 bedrooms and 1 bathroom, including 3 bedrooms on the main level and a large upper finished attic space that features 2 additional bedrooms, along with a fireplace that adds warmth and character to the living space. The upper unit also includes two refrigerators and a dishwasher, providing added convenience for larger tenant groups. The lower unit offers 5 bedrooms, with 2 bedrooms located on the main floor and an additional 3 bedrooms on the lower level, providing excellent flexibility and rental capacity. The lower unit also features its own fireplace, along with two refrigerators and a dishwasher. Both fireplaces are non-functional and serve as decorative features only, adding character without operational use. The building is serviced by two separate boilers, allowing independent heating systems for each unit. A common laundry area located in the basement is shared between both units for added convenience. The property is currently leased for $4,700 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 rental income and stability for the next owner. In addition to its strong investment performance, the property could also make an excellent future owner-occupied opportunity once current tenants move out, offering flexibility for a variety of ownership goals.

1432 E 4th Street, Duluth

Listing courtesy of RE/MAX Results.

$389,900
6 Beds ⋅ 3 Baths ⋅ 7128360 MLS
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.

1931 E Superior Street, Duluth

Listing courtesy of RE/MAX Results.

$2,150,000
9 Beds ⋅ 9 Baths ⋅ 7109212 MLS
A once-in-a-generation opportunity to own one of Duluth's most iconic historic estates. Originally commissioned by Edward Congdon in 1916, this extraordinary residence is a treasured piece of Duluth history located in the heart of Congdon Park. Cherished by only five owners, it masterfully blends timeless craftsmanship with exceptional modern updates. From the moment you enter the grand foyer, you'll appreciate the elegance and scale that define this spectacular home. The main level is designed for both refined entertaining and comfortable everyday living, featuring an impressive living room with exquisite built-ins and access to the charming enclosed porch, an elegant formal dining room, a distinguished office/library, powder room, wet bar and beverage room, and a stunning butler's pantry leading to the beautifully remodeled chef's kitchen, a dream space for culinary enthusiasts. The second floor offers five en-suite bedrooms, including a spectacular primary suite complete with a private sitting room, full bath, and an extraordinary walk-in closet. A separate guest wing provides three additional bedrooms and an updated 3/4 bath, creating exceptional flexibility for guests, home offices, or multi-generational living. The third floor offers even more possibilities with abundant space for additional bedrooms, offices, hobbies, or storage. Modern conveniences complement the home's historic grandeur, including a working elevator, spacious lower level with laundry, additional bedroom, three-quarter bath, workshop, extensive storage, and an impressive mechanical room. Surrounded by a stately brick privacy wall, the estate also features a circular driveway and exceptional six-stall subway-tiled garages, including three attached heated brick stalls with hot and cold water and floor drains and a half bath. Located walking distance to schools, and minutes to shopping, and dining, this is a truly rare offering where history, luxury, and modern comfort come together.

415 N Hawthorne Road, Duluth

Listing courtesy of Edina Realty, Inc. - Duluth.

$995,000
6 Beds ⋅ 4 Baths ⋅ 7080468 MLS
Experience sweeping 180-degree views of Crane Lake from Lumberjack Lodge, a modern yet cozy 2,820 sq. ft. Northwoods retreat designed for year-round comfort and adventures. This 4-bedroom, 3-bath main home connects in a hotel-style layout to a 2-bedroom, 1-bath suite with full kitchen above the heated 24x30 garage. Most home furnishings are included, making it easy to settle in and start enjoying the lake from day one. The level half acre lot has 122’ of shoreline, firepit and new dock that can accommodate 4 boats. Enjoy direct access to Crane Lake, Voyageurs National Park, Boundary Waters, and even Ontario, Canada right from your dock, plus ATV and snowmobile trails from your front door. Don’t miss out on your chance to make a lifetime of memories in the Northwoods. Currently part of a short-term rental program, this exceptional property also offers income potential.

7498 Bayside Drive, Crane Lake

Listing courtesy of RE/MAX Lake Country.

$845,000
12 Beds ⋅ 12 Baths ⋅ 7045858 MLS
Revenues Up 24% This Year! Make This Renowned Historic Bed & Breakfast Your Own! Vermilion Park Inn is an exquisite sanctuary offering privacy without isolation, luxurious rooms, many with private baths and easy access to Lake Vermilion. Located near America’s renowned Boundary Waters Canoe Area Wilderness and Giants Ridge Championship Golf & Ski Resort, this spectacular property melds luxury with nature, creating a unique opportunity for those seeking a peaceful retreat that fosters deeper connection. Originally built as the Soudan Mining Hospital in 1891, Vermilion Park Inn showcases timeless elegance blending with its pristine natural surroundings. Envision yourself in this sanctuary, designed for celebrations and intimate family moments alike. The open-concept layout welcomes you in, featuring main and lower-level kitchens serving spacious gathering areas. Vermilion Park Inn epitomizes a quietly luxurious lifestyle. Make this bespoke gem your own. Click link for 3D Virtual Tour.

30 Center Street, Soudan

Listing courtesy of Janisch Realty, Inc.

$500,000
10 Beds ⋅ 4 Baths ⋅ 7042356 MLS
High-Capacity Duplex with Exceptional Income Potential in Excellent Condition Welcome to 2417 Vermilion Rd—an impressive duplex offering spacious layouts and outstanding rental potential. With identical units, this property is ideal for investors seeking consistency and strong occupancy appeal. Each unit features 5 bedrooms and 2 full bathrooms, providing ample space for tenants and maximizing rental income. The open-concept living area flows seamlessly into the kitchen, creating a functional and inviting space for everyday living and gathering. Both units mirror each other in layout and design, making management straightforward and efficient.

2417 Vermilion Road, Duluth

Listing courtesy of RE/MAX Results.

$2,400,000
24 Beds ⋅ 11 Baths ⋅ 7031462 MLS
SPECIAL NOTE: This is a busy, thriving resort. Out of respect to the guests and the owners, please schedule all tours through the listing agent. Drive through tours are not encouraged. Have you ever dreamed about what it would be like to live in Voyageurs National Park? To enjoy the northern lights, the Canadian shield rock filled Kabetogama Lake, and guests who come every year to tell you this is their favorite place on earth. Stop dreaming. Idlewild Resort on the south side of Kabetogama adjoins Voyageurs National Park and offers 11 cabins, a year round owner's home, plus 4 RV spaces for more employee housing or rental. The spacious lodge building offers more income opportunity and the resort has a swimming pool - one of only two on the lake! Lots of opportunity for increasing income. The current owners have meticulously maintained and upgraded the cabins and boats, investing over $130K in the past two years! There aren't many places in the entire United States where you can own rental property in a National Park. Don't miss this opportunity to make your dreams a reality!

10060 Gappa Road, Kabetogama

Listing courtesy of Lake Country Resort Sales, Inc..

$2,450,000
6 Beds ⋅ 4 Baths ⋅ 6559212 MLS
Burntside Private Island Retreat With Mainland Dock! Gorgeous Sunrise To Sunset Vistas Of Treasured Burntside Lake. Waters Island retreat offers 20.9 acres of towering pines & 2,140 ft south & west facing shoreline offering island studded views all the way across the main body of the lake, 5 cabins, 4 yurts, short boat ride across calm water to mainland dock w/flat access road, just 7 paved miles south of Ely, & 1 paved mile past the public landing. Burntside is a 126 ft deep, spring fed clear blue water trout lake of 7314 acres & over 100 islands, stocked w/walleye & known for exceptional fishing & as the source of Ely’s drinking water. This is a rare property not often seen for sale on Burntside; a private island retreat with a mainland dock on the south shore of the main body of the lake!

2928 Waters Island and Dock Van Vac Road, Ely

Listing courtesy of Janisch Realty, Inc.

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