Real Estate Investing in Duluth, Minnesota (55808)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55808 (Duluth, MN)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Duluth, MN (55808)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 55808 Duluth
In practical terms, ZIP 55808 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $230K median. It rewards specialists, not generalists.
Rent of $1,107/mo on a $230K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 55808 sits below the stated 0.0% once reality is priced in.
Within MN, ZIP 55808 trails on several market indicators that neighboring Saint Louis County submarkets outperform. The gap is real and substantial enough to shape underwriting.
Who lives in 55808 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
New investors are better served looking at Duluth's stable or hybrid ZIPs before stepping into 55808. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Duluth:
Property Strategy for 55808
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $188,828 | $1,230 | 4.7% | +8.7% | $94,414 |
| 3BR | $246,118 | $1,690 | 4.9% | +8.0% | $82,039 |
| 4BR | $271,430 | $2,060 | 5.5% | +7.4% | $67,857 |
Market Trends
Home Value History (with trend line)
📊 How Does 55808 Compare?
| Metric | 55808 | Duluth | Duluth, MN-WI | Minnesota |
|---|---|---|---|---|
| Home Value | $229,847 | $278,655 | N/A | $340,597 |
| 5-Year CAGR | 6.1% | 6.2% | N/A | 4.9% |
| Avg Rent | $1,107 | $1,528 | N/A | - |
| Cap Rate | 3.8% | 4.0% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 55808 (Duluth, MN). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 55808 (Duluth, MN)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $229,847 |
| Monthly Rent | $1,107 |
| Price-to-Rent | 17.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.8% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +10.4% ▲ |
| 3-Year CAGR | +4.8% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.8%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 55808
Population: 5,325
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 55808
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 3,531 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much rent can I charge in Duluth, MN?
Investors in Duluth, MN typically see rents near $1,107/mo per month against $230K home values - a solid setup for rental cash flow.
What is the typical home price in Duluth, MN?
Duluth, MN home values average about $230K. That price point suits investors targeting rentals with $1,107/mo in monthly income.
Do landlords face vacancy issues in Duluth, MN?
Vacancy in Duluth, MN is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,107/mo.
How strict are landlord regulations in Duluth, MN?
MN ranks as a balanced state for landlord-tenant law. Duluth generally follows the statewide framework, so landlords face reasonable operating rules.
What is the smart move for investors in Duluth, MN?
The best-fit strategy in Duluth, MN is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 55808 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 55808 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 55808 ranks in Duluth, MN-WI
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 55808 (Duluth)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 55808 (Duluth, MN).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.