Greater Minnesota › Two Harbors

Two Harbors

Greater Minnesota city. Every 2–4 unit listing here, run through the same numbers at 20% down and 7%.

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Neighborhood profile

Listings we track
2
Median price per unit
$195K
Typical cash flow
$189
median per month, 20% down
Rent rules
No cap
Rents can reset to market at renewal

Crime, rental-license and Census neighborhood figures are only available for St. Paul and Minneapolis so far.

Map

Top picks

Ranked on real rent estimates (nearby comparable rentals or our own research). Listings with a serious red flag are under Proceed with caution instead, however good the numbers look.

Ways to slice it

Best cash flow now

Monthly cash flow at 20% down.

  1. 508 4th Ave $578/mo
  2. 621 3rd Ave serious flag −$201/mo

Best long-term

Year-30 wealth vs. the same money in stocks.

  1. 508 4th Ave 3.91× stocks
  2. 621 3rd Ave serious flag 2.06× stocks

Value-add

Under-rented, needs work, or room to negotiate.

  1. 508 4th Ave Current rents are below market.

Proceed with caution

Decent numbers, serious flags.

Nothing here right now.

All listings

2 listings. Filter by price or units, or switch the down payment.

  1. 508 4th Ave

    $324,900 · 2 units
    Cash flows
    Cash flow $578/mo Cap 8.5% Break-even price $434K Yr 30 vs stocks 3.91× Positive in yr 2

    Updated lower unit and exterior on an 1888 duplex with decent modeled numbers, but rents, taxes and systems are all unverified, so get the rent roll before getting excited.

  2. 621 3rd Ave

    $455,900 · 2 units
    Close
    Cash flow −$201/mo Cap 5.9% Break-even price $418K Yr 30 vs stocks 2.06× Positive in yr 5

    A nicely refreshed duplex priced on unverified STR gross income; at long-term rents it loses money, so get the books before you get excited.

    Income is gross short-term rental revenue, not net. Seller's figure with no expenses, vacancy, platform fees, or taxes shown.

Monthly cash flow

−$500$0$500$1,000break-even508 4th Ave$578621 3rd Ave−$201

What's changing

Nothing curated for this city yet.