Listing
$419,000
227 So••••• Ave (Sign up for 50 free credits to unlock)Two Harbors, MN 55616
Property Description
Fantastic Location NEAR LAKE SUPERIOR & SHORT WALK TO AGATE BAY, Lighthouse, Breakwaters & walking trail along LK. SUP./Burlington Bay! This BEAUTIFUL 3 Unit (triplex) 5BR/3Bath offers many options of Owner Occupancy while managing your own building & subsidizing your mortgage payment! All 3 units have updated (exterior/interior): NEW SIDING, 2 Eves w/NEW SOFFITS, NEW NAT. GAS HEATING SYSTEM & WATER HEATER, NEW MINI SPILTS ON EACH LEVEL, NEW ROOFING, UPDATED tiled baths while featuring a majority of recently refinished hardwood flooring in units 1 & 2! Improvements include HIGH EFFICIENT Mini-Splits in all 3 units inviting the modern UPDATES with A/C comfort. Both main floor & 2nd level are accommodated w/NEW STACKABLE WASHERS/DRYERS & a 3rd laundry area in basement is dedicated for unit 3. Owner (licensed real estate broker) has kept main floor unit month to month & 2 units vacant for ease of showings & for buyer to choose tenancy.
Property Facts & Features
- Property Type
- Multi Family
- Status
- Closed
- Listed
- Jul 20, 2026
- Sold
- Oct 14, 2026
- Price per Sq Ft
- $203/sqft
- ZIP Code
- 55616
- Full Baths
- 2
- Parking
- Off Street
- Heating
- Boiler, Ductless/Mini Split, Natural Gas
- Property Tax (2026)
- $3,214/yr
- Assessed Value
- $240,500
- County
- Lake
- School District
- Lake Superior Public School Dist.
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Bedrooms
- Bedrooms: 5
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
Land Info
- Lot Description: Tree Coverage - Light, Level
- Lot Size Acres: 0.14
- Lot Size Dimensions: 50 x 125
- Lot Size Square Feet: 6098
Utilities
- Sewer: City
- Water Source: City
Other Rooms
- Basement Features: Poured Concrete
- Basement Description: Full
Rental Info
- Tenant Pays: Lawn
Home Features
- View: Lake Superior, Typical
- Other Equipment: Water Heater - Gas
Multi-Unit Info
- Number of Units: 3
- Bedrooms in Unit-1: 2
- Bedrooms in Unit-2: 2
- Bedrooms in Unit-3: 1
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Total Bathrooms in Unit-3: 1
- Full Bathrooms in Unit-2: 1
- Full Bathrooms in Unit-3: 1
- Unit-1 Square Feet: 780
- Unit-2 Square Feet: 780
- Unit-3 Square Feet: 500
- Unit 1 Total Actual Rent: 1215
Garage and Parking
- Parking Features: Off Street
School Information
- School District: Lake Superior #381
Heating and Cooling
- Heating Features: Boiler, Ductless/Mini Split, Natural Gas
Other Property Info
- Annual Tax Amount: 3214
- Source Listing Status: Sold
- County: Lake County
- Directions: Due road construction: 7th Ave (main) to 5th Street (right), to 4th Ave (left) then right on 2nd Street to South Ave or right into alley.
- Tax Year: 2026
- Area: LSAR
- Source Neighborhood: LSAR
- Parcel Number: 23-7640-31030
- Property Subtype: Triplex
Building and Construction
- Total Square Feet Living: 2060
- Year Built: 1912
- Above Grade Finished Area: 2060
- Building Exterior Type: Wood
- Property Age: 114
- Roof: Asphalt Shingles
- Levels or Stories: 2.25 - 2.75 Story
- Structure Type: Up & Down
Exterior and Lot Features
- Road Frontage Type: City
Location
Lat 47.01902 · Lng -91.66456