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306 Rainbow St

Duluth, MN 55811

4 bd 2 ba 2,184 sqft Built 1974 Lot 38,333 sqft single_family
Most recent sale
$400,000
Apr 19, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2024 Sold $400,000 LakeSuperiorAreaRealtors
Mar 12, 2024 Listed $399,900 LakeSuperiorAreaRealtors

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $318,300 $43,400 $361,700 $5,114
2025 $291,651 $37,332 $328,983 $4,538
2023 $266,920 $36,403 $303,323 $4,568
2022 $246,362 $33,854 $280,216 $4,642
2021 $227,885 $24,505 $252,390 $4,106
2020 $203,660 $21,690 $225,350 $3,782
2019 $186,791 $21,446 $208,237 $3,474
2018 $186,806 $21,540 $208,346 $3,246
2017 $186,507 $20,023 $206,530 $3,218
2016 $140,700 $33,300 $174,000 $2,660
2015 $140,700 $33,300 $174,000 $2,722
2014 $140,700 $33,300 $174,000 $2,712
2013 $140,700 $33,300 $174,000 $2,649
2011 $202,200 $8,100 $210,300 $2,418
2010 $212,800 $8,500 $221,300 $2,453
2009 $219,400 $8,800 $228,200 $2,593
2008 $219,400 $8,800 $228,200 $2,576
2007 $213,000 $8,500 $221,500 $2,336

Property facts

Year built
1974
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,184 sqft
Lot size
38,333 sqft
ZIP code
55811
City
Duluth
Street
Rainbow St
Coordinates
46.81544, -92.14142

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,276
Gross rental yield
9.83%
Implied cap rate
6.39%
Trend-extrapolated value

Frequently asked questions

When did 306 Rainbow St last sell?
306 Rainbow St most recently sold on Apr 19, 2024 for $400,000.
What is the current tax assessment for 306 Rainbow St?
The most recent total assessment for 306 Rainbow St (year 2026) is $361,700 with $5,114 in property tax.
How does 306 Rainbow St's assessment compare to its last sale price?
The current assessment is 9.6% below the last sale price of $400,000.
When was 306 Rainbow St built?
306 Rainbow St was built in 1974.
How does 306 Rainbow St compare to others on Rainbow St?
We track 8 other properties on Rainbow St. Browse the list under "Other properties on Rainbow St" to compare beds, baths, and sale history.
What are the property facts for 306 Rainbow St?
306 Rainbow St is a 4 bed, 2 bath, 2,184 sqft, 38,333 sqft lot single_family.
Is 306 Rainbow St a flip candidate?
No — 306 Rainbow St does not appear in our flips dataset.
Is 306 Rainbow St a tax-appeal candidate?
No — 306 Rainbow St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.8%
Implied 1-yr
+19.2%
2026 Q3
$482.6K
2026 Q4
$500.2K
ZIP 55811 — Median Price History + Forecast

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