Opportunity knocks with this proven, turnkey income producing duplex located in the heart of Two Harbors! Generating an annual average of approximately $91,000 in gross short term rental revenue, this beautifully furnished, fully equipped property offers an exceptional opportunity for investors or owner occupants. The spacious lower unit features 3 bedrooms, 3 baths, a large kitchen and dining area. The upper unit offers 1 bedroom and 1 bathroom. Both have private laundry and separate utilities. There's a nice back yard, a deck, garage and additional off-street parking. Ideally located within walking distance to shopping, dining, and Lake Superior! Meticulously updated and maintained throughout, it is sold furnished and ready to continue operating as a short-term rental, transition to long term rental or provide the flexibility to live in one unit while earning income from the other!
Opportunity knocks with this proven, turnkey income producing duplex located in the heart of Two Harbors! Generating an annual average of approximately $91,000 in gross short term rental revenue, this beautifully furnished, fully equipped property offers an exceptional opportunity for investors or owner occupants. The spacious lower unit features 3 bedrooms, 3 baths, a large kitchen and dining area. The upper unit offers 1 bedroom and 1 bathroom. Both have private laundry and separate utilities. There's a nice back yard, a deck, garage and additional off-street parking. Ideally located within walking distance to shopping, dining, and Lake Superior! Meticulously updated and maintained throughout, it is sold furnished and ready to continue operating as a short-term rental, transition to long term rental or provide the flexibility to live in one unit while earning income from the other!
NORTHSTARMLS as Distributed by MLS Grid #7148719
Aug 4, 2026
Listed
$455,900
$184/sq ft
LSAR as distributed by WIREX #6110933
Nov 30, 2023
Sold
$250,000
$101/sq ft
Oct 5, 2023
Listed
$249,000
$101/sq ft
+19
Attention Investors & Owner Occupied Buyers-INVEST WISLEY in This Well Maintained & Updated Two Harbors Duplex Located in the Heart of Many Conveniences w/ Close Proximity to Downtown, Walking Trail/Lighthouse & Lake Superior! This Property Also Boasts a Substantial Amount of Recent Improvements: NEW Roofing, NEW Exterior Paint w/ NEW Soffit & Facia, Majority New Windows, NEW Exterior Basement Wall w/ Drain Tile, NEW Front Exterior Door & NEW Entry Flooring. * * The Upper 1 BR UNIT Has Been Entirely Renovated w/ NEW Kitchen Cabinets, Counters, Appliances Including NEW Mini Split Heating/Cooling & NEW Water Heater, All NEW Painted Walls, NEW Flooring & ALL NEW Bathroom Fixtures! Main Floor 2+ BR Unit is Very Spacious w Large Kitchen, Formal Dining, Main Floor Laundry w/ Many Cabinets & Access to 2nd Level Playroom/Den w/ 3rd Bathroom & Access to Basement. * * 1 Car Garage Adds Value to This Investment. * * Owners Are Keeping Apt. 2 Vacant For Buyer's Convenience or For Owner Occupancy or Choosing Own Tenant. * * Renters Pay Their Own Electricity, Heat, Hot Water & Take Care of Lawn & Snow. Sellers Pay for Water/Sewer & Garbage. * * Each Unit Has its Own Private Laundry. * *
LSAR as distributed by WIREX #6091862
Oct 29, 2020
Sold
$65,000
$26/sq ft
Jul 23, 2020
Listed
$89,000
$36/sq ft
NORTHSTARMLS as Distributed by MLS Grid #DAAR139847
Apr 30, 2008
Listed
$89,900
$36/sq ft
NORTHSTARMLS as Distributed by MLS Grid #DAAR136682
Oct 16, 2007
Listed
$99,900
$40/sq ft
NORTHSTARMLS as Distributed by MLS Grid #3409435
Oct 8, 2007
Listing Removed
—
Jul 12, 2007
Listed
$99,900
$40/sq ft
Public Records
Aug 15, 2001
Sold
$85,000
$34/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$3,488 (−4.5%)
$13,500 + $247,500
$261,000
2025
$3,654 (+293.0%)
$13,500 + $251,000
$264,500
2024
$930 (+4.3%)
$12,200 + $183,500
$195,700
2023
$891 (−59.9%)
$10,600 + $159,500
$170,100
2022
$2,222 (+3.3%)
$10,600 + $105,700
$116,300
2021
$2,151 (+7.0%)
$10,600 + $108,000
$118,600
2020
$2,011 (+12.0%)
$10,600 + $91,400
$102,000
2019
$1,796 (+2.5%)
$10,600 + $82,200
$92,800
2018
$1,753 (+8.0%)
$10,400 + $81,500
$91,900
2017
$1,623 (+4.8%)
$10,400 + $81,600
$92,000
2016
$1,548 (−1.9%)
$9,400 + $76,300
$85,700
2015
$1,578 (+14.1%)
$9,400 + $77,600
$87,000
2013
$1,383
$9,400 + $74,200
$83,600
Public record
Beds
4
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
4,550 Sq. Ft.
Year renovated
1985
Finished Sq. Ft.
2,473
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,473
Year built
1893
Style
Single Family Residential
County
Lake County
APN
23-7660-15115
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 12, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
7 days above 89° expected this year, 12 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Two Harbors, MN • 55616
Average low and high temperatures (°F)
20
5
28
11
40
24
46
32
58
40
66
49
75
60
76
60
67
52
60
43
42
30
27
14
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
83/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 621 3rd Ave
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $230,000 and $595,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $230K to $595K.