421 10th St, Cloquet, MN 55720

$320,000
4
BD
2
BA
1,982
SqFt

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List Price
$320,000
Status
ACTIVE
Type
Multifamily
Bedrooms
4
Bathrooms
2
Living Area
1,982
Acres
0.17
Year Built
1925

Property Description

This well-maintained duplex offers a great opportunity for investors with two occupied units and established rental income. Featuring four total bedrooms, two bathrooms, and nearly 2,000 finished square feet above grade, the property provides spacious living areas and a functional layout across both units. The main-level unit offers two bedrooms and one bathroom and is currently leased for $1,625 per month through June 2027, while the upper-level unit features two bedrooms and one bathroom and is leased for $1,300 per month through August 2027. Built in 1925, the property sits on a 50x144 lot and includes a two-car garage along with additional off-street parking. The generous backyard adds valuable outdoor space for tenants, while the established leases make this an appealing option for a buyer looking to add an income-producing property to their portfolio. Conveniently located in Cloquet, this duplex combines rental income, practical living space, and long-term investment potential in one property.

Additional Information

School District
Cloquet #94
Sewer
Public Sewer
Heating
Forced Air, Natural Gas
Water
City
Basement
Full
Garage Spaces
2

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Listing courtesy of RE/MAX Results.