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Multi-Residential Homes for Sale in St. Louis, MN

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Welcome to your dedicated resource for multi-residential homes for sale in St. Louis, MN. This page is your live portal for listings that match the exact homes for sale you demand, filtering out irrelevant properties to save you time. As a local St. Louis, MN agent, MN Direct Properties specializes in the unique market dynamics of this area, offering insights into amenities, home values, and investment potential. Start exploring the multi-residential properties currently available below, or contact a local agent to discuss the details that matters most to your search.

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All Multi-Residential Homes for Sale in St. Louis, MN

$139,900
4 Beds ⋅ 3 Baths ⋅ 7116117 MLS

419 9th Street S, Virginia

Listing courtesy of Yellow Tree Properties.

$640,000
4 Beds ⋅ 4 Baths ⋅ 7112816 MLS
Impeccably maintained four unit multifamily property featuring extensive updates and strong investment appeal. Each of the four identical units showcases refinished hardwood floors, preserved original woodwork, and an updated faux clay roof that enhances the building’s architectural character. All units include two exits for convenience and safety. The lower level offers a large tuck under garage with two dedicated parking stalls per unit, each equipped with its own opener. Shared amenities include a coin operated washer and dryer located adjacent to four private storage rooms, providing valuable tenant convenience. Major mechanical improvements include electrical and plumbing updates and a full conversion from fuel oil to natural gas, supporting efficiency and long term reliability. Exterior features include a durable brick façade, seamless gutters, and a repaired architectural eyebrow accent at the roofline, reflecting consistent care and maintenance. This property is a turnkey, well updated asset offering historic charm, modern improvements, and stable rental potential.

1529 E 5th Street, Duluth

Listing courtesy of RE/MAX Results Duluth.

$124,900
2 Beds ⋅ 2 Baths ⋅ 7111272 MLS

205 4th Street N, Virginia

Listing courtesy of Yellow Tree Properties.

$320,000
4 Beds ⋅ 2 Baths ⋅ 7101886 MLS
Very nice duplex! Completely remodeled, beautiful hardwood floors, updated electric, newer roof, updated bathrooms, new windows, chimney lined, new water line, privacy fence, greenhouse, shed and 2 car garage shared with each unit. Basement laundry shared. Upstairs unit has beautiful lake views. 1 OSP and street parking out front

25 E 7th Street, Duluth

Listing courtesy of RE/MAX Results.

$219,500
4 Beds ⋅ 2 Baths ⋅ 7083132 MLS
Great up/down duplex with panoramic views of Lake Superior and just minutes to colleges, Canal Park, downtown and Hermantown. Each unit has 2 bedrooms, 1 bath and recent updates to the kitchen and baths. Main floor unit includes a dishwasher and stackable washer and dryer. Great cash flow opportunity or owner occupy. Main floor unit on a month to month and upper unit just vacated. Upper unit could rent for around $1,300/month. Electric is separate and could be paid by tenants.

303 W 4th Street, Duluth

Listing courtesy of Green Door Group.

$549,900
10 Beds ⋅ 3 Baths ⋅ 7080469 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.

$256,000
7 Beds ⋅ 4 Baths ⋅ 7064870 MLS
A piece of history set back on 3 city lots on the corner of 4th Avenue and James Street. This Triplex has been loved and cared for for over 30 years. The main floor has a 3 bedroom apartment and an efficiency apartment each with their own off street parking spots, kitchens, bathrooms, and access to the basement for separate laundry areas. The upstairs is a 4+ bedroom with in unit laundry and a huge attic space that could be storage or it has the potential to be 2 extra bedrooms and has amazing views. The yard is huge with a beautiful stone retaining wall on the south side, a big garden, blister-rust resistant white pines and a beautiful sugar maple tree. This property is easily customizable to combine the entire 1st level or add a bedroom to the efficiency. Grab yourself a piece of history and a rare cash flowing rental property in the amazing town of Ely!

429 S 4th Avenue E, Ely

Listing courtesy of GRAND PROPERTIES REAL ESTATE.

$275,000
4 Beds ⋅ 2 Baths ⋅ 7042430 MLS
OPPORTUNITY sits quietly just minutes from Canal Park—this duplex delivers the income potential investors are looking for. Positioned in a highly desirable Duluth location, this up/down duplex offers a strong blend of immediate cash flow and long-term equity growth. Each unit features 2 bedrooms and 1 bathroom with functional layouts that consistently attract tenants. Rental income is already in place with the upper unit leased at $1,095/month and the lower unit bringing in $1,075/month. The lower unit is currently undergoing updates, including fresh paint —providing a clear path to increased rental value and enhanced appeal. Additional highlights include basement laundry with separate washer and dryer for each unit, adding convenience and tenant independence. The lower unit is also now rented locking in a secure lease for the next 12 months along with the longer tenured upper unit. With its prime location, solid rental structure, and value-add potential, this property stands out as a smart addition to any portfolio. Schedule your private showing today and secure your next investment opportunity.

224 E 6th Street, Duluth

Listing courtesy of eXp Realty.

$239,900
3 Beds ⋅ 2 Baths ⋅ 7055732 MLS
Check out this east end investment property. Two separate dwellings on one lot. Both units have separate utilities. Close to the universities, hospitals, on a bus line and close to all downtown amenities. St. Lukes hospital (Aspirus) on some off the surrounding lots.

1026 E 3rd Street, Duluth

Listing courtesy of RE/MAX Results Duluth.

$500,000
10 Beds ⋅ 4 Baths ⋅ 7042356 MLS

2417 Vermilion Road, Duluth

Listing courtesy of RE/MAX Results.

$425,000
8 Beds ⋅ 4 Baths ⋅ 7036812 MLS
Outstanding multi-family opportunity in the heart of Babbitt! This well-maintained 4-plex offers the perfect setup for both investors and owner-occupants. Live comfortably in the spacious owner’s unit while rental income from the additional units and detached garages helps offset your monthly mortgage expenses, or maximize the property as a full income-producing investment. The property has seen numerous recent improvements, including new roofs on both buildings, updated siding, and fresh exterior paint, providing peace of mind for years to come. Tenants enjoy access to a shared laundry area, while the owner’s unit features private laundry and a cozy gas fireplace that adds warmth and character to the space. Additional upgrades include newer windows and other key updates throughout the property. Conveniently located near lakes, parks, snowmobile and ATV trails, and endless outdoor recreation, this property combines strong rental potential with a desirable northern Minnesota location. Whether you’re a first-time buyer looking to build equity while tenants contribute toward your housing costs or an investor searching for a solid addition to your portfolio, this property offers exceptional opportunity and long-term potential.

12 Linney Street, Babbitt

Listing courtesy of Anchor Realty.

$95,000
4 Beds ⋅ 2 Baths ⋅ 7032844 MLS
Fully leased upper/lower duplex, well maintained with long term tenants. Off street parking on side of property.

130 E 16th Street, Hibbing

Listing courtesy of Andrea Olsson Properties.

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