MLS# LSA6126831 - 2 and 4 S 16th Ave E Duluth, MN 55812

Investor opportunity! This fully rented fourplex offers immediate income and strong cash flow potential, meeting the sought-after 1% rule for rental investments. Includes coin operated laundry for additional income.The property is structurally and mechanically sound, providing a solid foundation for value-add improvements. While it could use some cosmetic updates the major components are in place, allowing investors to build equity and maximize rental income with renovations. Whether you're expanding your portfolio or looking for your next value-add investment, this is a great opportunity to acquire a cash-flowing asset with significant upside.

RE/MAX Results is the brokerage office representing the owner for this listing.
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Move It Real Estate - Grand Rapids is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Move It Real Estate - Grand Rapids, a broker participant of Lake Superior Area REALTORS®, Inc. Data last updated: 7/18/2026 4:01:00 AM.