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1916 Lawn Street
Duluth MN 55812 US

$325,000

Pending Listing ID 7032254
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5 bed
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2.00 Bath (1 Full)
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Lot: 0.11 Acres
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Single Family Residence

$325,000

Pending Listing ID 7032254
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1916 Lawn Street 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. Initial price of $339, 900 was a typo.

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Property Features

  • Facts
  • Lot Size: 0.11 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 1
  • Exterior Finish: Stucco, Wood

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 325000
  • unparsedaddress: 1916 Lawn Street
  • postalcity: Duluth
  • stateorprovince: MN
  • country: US
  • postalcode: 55812
  • bathroomsfull: 1
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 1
  • lotsizeacres: 0.11
  • lotsizeunits: Acres
  • lotsizearea: 0.11
  • livingarea: 1922
  • livingareaunits: Square Feet
  • latitude: 46.813921
  • longitude: -92.087098
  • listagentfullname: David G Meyer
  • listagentemail: David@Meyerpg.com
  • listagentkey: 3yd-RMLSMN-506013009
  • listagentmlsid: 506013009
  • listagentpreferredphone: 6128490687
  • listagentofficephone: 9522267700
  • listofficekey: 3yd-RMLSMN-26004
  • listofficemlsid: 26004
  • disclaimer: Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RMLSMN
  • yearbuilt: 1929
  • listingcontractdate: 2026-03-21
  • listagenturl: https://www.therealestateadvantage.com/
  • countyorparish: St. Louis-MN
  • parcelnumber: 010263000440
  • appliances: Dryer, Range, Refrigerator
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Driveway
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • exteriorfeatures: Stucco, Wood
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -92.0871, 46.813923
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Listing Changed: 3/31/2026 3:02:47 PM GMT
Source Updated Date: 4/1/2026 1:05:12 PM GMT

Courtesy of: David G Meyer, RE/MAX Advantage Plus, David@Meyerpg.com

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.