1727 E Superior St

Overpriced

53 photos

Photos courtesy of Edina Realty, Inc., via Realtor.com.

Asking price: $655,000
Monthly cash flow: −$1,032
Estimated rent: $4,800/mo
Break-even price: $461,103

Adjust the numbers See the full breakdown

From the listing

Experience this well-maintained Victorian four-plex, an ideal owner-occupancy opportunity or 1031 exchange investment with clean title, clear financials, and a flexible closing timeline. Blending historic architectural charm with modern rental stability, this property is positioned for immediate cash flow and long-term equity growth. In addition to the four residential units, a carriage house above the garage offers exciting potential for a fifth income-producing unit. The property also features a heated two-stall garage and dedicated workshop space, providing added functionality and value. Investors will appreciate the adjacent buildable lot, which presents the opportunity for future multifamily development and additional income potential. Ample off-street parking accommodates residents and guests with ease. The location is highly desirable for both tenants and owner-occupants, situated on a city bus route and within walking distance of the Lakewalk, Canal Park, and St. Luke's and Essentia Health facilities. This rare offering combines character, convenience, expansion potential, and strong investment fundamentals in one exceptional property.

Listing courtesy of Edina Realty, Inc. (LEN SARVELA). Description from Realtor.com, MLS #6125186. Believed reliable but not guaranteed; confirm with the listing agent. View on Realtor.com ↗

The numbers

Edit rents, costs and assumptions

Default: 20% down (no PMI), offer at asking, self-managed, 7.00% for 30 years, buyer pays closing costs (3%).

The deal

Price: $655,000
Cash to close: $150,650
Price per unit: $163,750
GRM: 11.4

Each month

Cash flow: −$1,032/mo
Cash-on-cash: −8.2%
Cap rate: 4.5%
DSCR: 0.70×

Break-even

Price that breaks even: $461,103
Rent that breaks even: $6,140/mo

Long run

Year 30: property vs stocks: $1.75M vs $1.65M
Cash flow turns positive: year 15

Monthly

Monthly breakdown

Rent	$4,800
Vacancy (6%)	−$288
Collected	$4,512
Property tax Listing	−$442
Insurance Estimate	−$399
Water, sewer, trash Estimate	−$340
Lawn care ($120 × 6 mo ÷ 12)	−$60
Repairs (8% of rent)	−$384
Capital reserve (9% of rent)	−$432
Net operating income	$2,454
Mortgage (principal + interest)	−$3,486
Cash flow	−$1,032
Principal paid down (equity, not cash)	$444

Cash flow each year

Rents +3%/yr, costs +3.5%/yr. Red bars are months you'd cover out of pocket.

30 years

How those totals add up

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,589,857
Minus 6% selling cost	−$95,391
Minus loan still owedTenants' rent paid down all $589,500 of principal by year 30	$0
Plus rental profits, invested at 7%$102,645 of profit by year 30, before investment growth	$132,004
What you'd walk away with	$1,626,470
If you put the same money in stocks
Cash to close ($85,150) invested at 7%	$648,184
Monthly shortfalls ($191,440 total by yr 30) investedThe money you'd have put into the building while it lost money	$988,539
What you'd walk away with	$1,636,723
Building minus stocks	−$10,253

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,589,857
Minus 6% selling cost	−$95,391
Minus loan still owedTenants' rent paid down all $589,500 of principal by year 30	$0
Plus rental profits, invested at 7%$14,690 of profit by year 30, before investment growth	$15,890
What you'd walk away with	$1,510,356
If you put the same money in stocks
Cash to close ($85,150) invested at 7%	$648,184
Monthly shortfalls ($335,319 total by yr 30) investedThe money you'd have put into the building while it lost money	$1,504,082
What you'd walk away with	$2,152,265
Building minus stocks	−$641,909

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,565,584
Minus 6% selling cost	−$93,935
Minus loan still owedTenants' rent paid down all $580,500 of principal by year 30	$0
Plus rental profits, invested at 7%$111,485 of profit by year 30, before investment growth	$145,349
What you'd walk away with	$1,616,998
If you put the same money in stocks
Cash to close ($83,850) invested at 7%	$638,288
Monthly shortfalls ($178,455 total by yr 30) investedThe money you'd have put into the building while it lost money	$932,271
What you'd walk away with	$1,570,559
Building minus stocks	$46,439

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,565,584
Minus 6% selling cost	−$93,935
Minus loan still owedTenants' rent paid down all $580,500 of principal by year 30	$0
Plus rental profits, invested at 7%$18,282 of profit by year 30, before investment growth	$20,022
What you'd walk away with	$1,491,672
If you put the same money in stocks
Cash to close ($83,850) invested at 7%	$638,288
Monthly shortfalls ($317,086 total by yr 30) investedThe money you'd have put into the building while it lost money	$1,438,601
What you'd walk away with	$2,076,888
Building minus stocks	−$585,216

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,589,857
Minus 6% selling cost	−$95,391
Minus loan still owedTenants' rent paid down all $524,000 of principal by year 30	$0
Plus rental profits, invested at 7%$177,053 of profit by year 30, before investment growth	$253,676
What you'd walk away with	$1,748,142
If you put the same money in stocks
Cash to close ($150,650) invested at 7%	$1,146,786
Monthly shortfalls ($91,285 total by yr 30) investedThe money you'd have put into the building while it lost money	$502,251
What you'd walk away with	$1,649,037
Building minus stocks	$99,105

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,589,857
Minus 6% selling cost	−$95,391
Minus loan still owedTenants' rent paid down all $524,000 of principal by year 30	$0
Plus rental profits, invested at 7%$51,402 of profit by year 30, before investment growth	$61,804
What you'd walk away with	$1,556,269
If you put the same money in stocks
Cash to close ($150,650) invested at 7%	$1,146,786
Monthly shortfalls ($197,468 total by yr 30) investedThe money you'd have put into the building while it lost money	$942,034
What you'd walk away with	$2,088,821
Building minus stocks	−$532,552

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,565,584
Minus 6% selling cost	−$93,935
Minus loan still owedTenants' rent paid down all $516,000 of principal by year 30	$0
Plus rental profits, invested at 7%$187,903 of profit by year 30, before investment growth	$273,351
What you'd walk away with	$1,745,001
If you put the same money in stocks
Cash to close ($148,350) invested at 7%	$1,129,278
Monthly shortfalls ($82,975 total by yr 30) investedThe money you'd have put into the building while it lost money	$461,595
What you'd walk away with	$1,590,873
Building minus stocks	$154,128

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,565,584
Minus 6% selling cost	−$93,935
Minus loan still owedTenants' rent paid down all $516,000 of principal by year 30	$0
Plus rental profits, invested at 7%$57,607 of profit by year 30, before investment growth	$70,293
What you'd walk away with	$1,541,942
If you put the same money in stocks
Cash to close ($148,350) invested at 7%	$1,129,278
Monthly shortfalls ($184,512 total by yr 30) investedThe money you'd have put into the building while it lost money	$890,193
What you'd walk away with	$2,019,471
Building minus stocks	−$477,529

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,589,857
Minus 6% selling cost	−$95,391
Minus loan still owedTenants' rent paid down all $491,250 of principal by year 30	$0
Plus rental profits, invested at 7%$223,410 of profit by year 30, before investment growth	$340,434
What you'd walk away with	$1,834,900
If you put the same money in stocks
Cash to close ($183,400) invested at 7%	$1,396,088
Monthly shortfalls ($59,203 total by yr 30) investedThe money you'd have put into the building while it lost money	$342,028
What you'd walk away with	$1,738,116
Building minus stocks	$96,784

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,589,857
Minus 6% selling cost	−$95,391
Minus loan still owedTenants' rent paid down all $491,250 of principal by year 30	$0
Plus rental profits, invested at 7%$79,036 of profit by year 30, before investment growth	$100,920
What you'd walk away with	$1,595,386
If you put the same money in stocks
Cash to close ($183,400) invested at 7%	$1,396,088
Monthly shortfalls ($146,663 total by yr 30) investedThe money you'd have put into the building while it lost money	$734,170
What you'd walk away with	$2,130,258
Building minus stocks	−$534,872

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,565,584
Minus 6% selling cost	−$93,935
Minus loan still owedTenants' rent paid down all $483,750 of principal by year 30	$0
Plus rental profits, invested at 7%$234,787 of profit by year 30, before investment growth	$362,816
What you'd walk away with	$1,834,465
If you put the same money in stocks
Cash to close ($180,600) invested at 7%	$1,374,773
Monthly shortfalls ($52,617 total by yr 30) investedThe money you'd have put into the building while it lost money	$307,849
What you'd walk away with	$1,682,622
Building minus stocks	$151,843

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,565,584
Minus 6% selling cost	−$93,935
Minus loan still owedTenants' rent paid down all $483,750 of principal by year 30	$0
Plus rental profits, invested at 7%$86,221 of profit by year 30, before investment growth	$111,632
What you'd walk away with	$1,583,281
If you put the same money in stocks
Cash to close ($180,600) invested at 7%	$1,374,773
Monthly shortfalls ($135,885 total by yr 30) investedThe money you'd have put into the building while it lost money	$688,321
What you'd walk away with	$2,063,094
Building minus stocks	−$479,813

Future dollars. At 3% inflation, divide year-30 figures by about 2.4 for today's buying power. Rental profits are assumed invested, not spent.

30 years: this property vs. the same money in stocks

This propertyStocks at 7%

Year 30 (loan paid off): property $1.75M, stocks $1.65M. The property wins.

Comparable rentals

The closest rental listings with each unit's bedroom count, as of 2026-10-04. The estimate is the median asking rent of every rental we found nearby (the count is shown for each); houses are left out. Asking rents from Realtor.com rental listings, not signed leases.

2 bed estimate $1,225/mo · range $1,100–$1,550 · 9 rentals within 0.75 mi

Address	Rent	Bd / Ba	Sq ft	Distance	Listed	Type
1711 E 1st St, Duluth	$1,295	2 / 1	768	0.1 mi	2026-07-17	Apartment
207 S 17th Ave E Unit 2, Duluth	$1,400	2 / 1	—	0.1 mi	2026-09-28	Apartment
1807 E 3rd St Apt 2, Duluth	$1,095	2 / 1	650	0.2 mi	—	Apartment
1807 E 3rd St Apt 9, Duluth	$1,195	2 / 1	708	0.2 mi	—	Apartment
320 S 19th Ave E Apt B, Duluth	$1,075	2 / 1	—	0.2 mi	2026-09-21	Apartment
1509 E Superior St, Duluth	$1,800	2 / 2	1,032	0.2 mi	2024-05-02	Apartment
1631 E 4th St Apt 1, Duluth	$1,675	2 / 1	—	0.3 mi	—	Apartment
1301 E 3rd St, Duluth	$1,200	2 / 1	1,244	0.5 mi	2026-09-29	Apartment
1206 E 3rd St, Duluth	$1,000	2 / 1	609	0.5 mi	2026-05-29	Apartment

1 bed estimate $1,125/mo · range $1,075–$1,250 · 8 rentals within 0.75 mi

Address	Rent	Bd / Ba	Sq ft	Distance	Listed	Type
1807 E 3rd St Apt 18, Duluth	$1,095	1 / 1	513	0.2 mi	—	Apartment
1807 E 3rd St Apt 5, Duluth	$1,050	1 / 1	495	0.2 mi	—	Apartment
1509 E Superior St, Duluth	$1,245	1 / 1	602	0.2 mi	2024-05-02	Apartment
1501 E 1st St, Duluth	$1,050	1 / 1	400	0.2 mi	2026-03-12	Apartment
1431 E Superior St, Duluth	$1,050	1 / 1	900	0.2 mi	2026-09-29	Apartment
1910 E 4th St Apt B, Duluth	$1,095	1 / 1	—	0.3 mi	—	Apartment
1321 E 1st St, Duluth	$1,335	1 / 1	528	0.4 mi	2025-04-30	Apartment
926 932 E 4th St, Duluth	$1,150	1 / 1	675	0.7 mi	2026-07-28	Apartment

On the maps, this property and comparable rentals. Comparable rentals and rent estimate: Realtor.com rental listings. Rents are asking rents from listings; check them against the actual leases.

Red flags and opportunities

Watch for

mediumCouldn't match this address to a county parcel record, so taxes and unit count are unverified. Public record: County parcels: no match for 1727 SUPERIOR ST E

Opportunities

Long time on market: room to negotiate. Based on: Listing data: 145 days on market

Questions for the agent

Can we see the current leases and a rent roll, with move-in dates?
What did water/sewer/trash, heat and electric cost the owner over the last 12 months?
How old are the roof, boiler or furnaces, water heaters and electrical panels?
Is the building licensed as a rental for this many units, and when was the last city inspection?
Any special assessments pending, and will the seller pay them off at closing?

Standard questions worth asking about any building.

What the records say

Where each number comes from

Property tax / yr Listinglisting, tax year 2026. The tax the listing states. If the seller lives there it may be at the lower homestead rate; an investor owner pays the non-homestead rate, often 20–40% more on the owner's unit.	$5,308
Insurance / yr Estimateestimate. from units, square feet and age; get a quote	$4,794
Water, sewer, trash / mo Estimateestimate. $85/unit/mo, owner-paid	$340
Heat / mo Assumptionassumption. tenants pay heat; confirm with the agent	$0
Lawn care / mo Assumptionassumption. $120/mo for 6 months, spread over 12; no snow removal	$60
Repairs / capital reserve Rulerule. built 1891: +1 pt capital reserve	8% / 9%

Status history

2026-05-13New at $655,000

From the listing Listing

Listed as	fourplex
Property tax, 2026	$5,308
County	St. Louis County
Parcel number	010-1480-01660 & 010-1480-01670

As the listing states it (NorthstarMLS, via Realtor.com). We don't have county records here yet; check the tax, homestead status and special assessments with the county.

Crime, rental-license and vacant-building records are only available for St. Paul and Minneapolis so far. Check with Duluth on rental licensing before you buy.