Greater Minnesota › Virginia

Virginia

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

Compare with other cities →

Neighborhood profile

Listings we track
6
Median price per unit
$45K
Typical cash flow
$486
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. 116 2nd St S serious flag $1,397/mo
  2. 824 13th St N serious flag $894/mo
  3. 118 2nd St S serious flag $687/mo
  4. 904 S 3rd Ave $285/mo
  5. 205 4th St N $262/mo

+ 1 more in the full list below

Best long-term

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

  1. 116 2nd St S serious flag 21.24× stocks
  2. 824 13th St N serious flag 13.24× stocks
  3. 118 2nd St S serious flag 12.84× stocks
  4. 904 S 3rd Ave 4.59× stocks
  5. 205 4th St N 4.41× stocks

+ 1 more in the full list below

Value-add

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

  1. 904 S 3rd Ave Long time on market: room to negotiate.

Proceed with caution

Decent numbers, serious flags.

  1. 1208 S 2nd Ave W No actual rents or expenses given; numbers are 'approximated'

All listings

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

  1. 205 4th St N

    $109,900 · 2 units
    Cash flows
    Cash flow $262/mo Cap 9.2% Break-even price $159K Yr 30 vs stocks 4.41× Positive in yr 1
  2. 904 S 3rd Ave

    $109,900 · 2 units
    Cash flows
    Cash flow $285/mo Cap 9.5% Break-even price $163K Yr 30 vs stocks 4.59× Positive in yr 1

    Cheap duplex with a strong modeled return and updated systems, but rents, taxes and exterior condition are unverified, so confirm those before offering.

  3. 1208 S 2nd Ave W

    $270,000 · 4 units
    Cash flows
    Cash flow $234/mo Cap 7.4% Break-even price $314K Yr 30 vs stocks 3.10× Positive in yr 1

    Numbers look workable at $270K if the rents are near $975 a door, but the listing gives no actual rents or expenses, so nothing is proven yet.

    No actual rents or expenses given; numbers are 'approximated'

  4. 824 13th St N

    $71,900 · 2 units
    Cash flows
    Cash flow $894/mo Cap 21.3% Break-even price $240K Yr 30 vs stocks 13.24× Positive in yr 1

    Cheap and apparently rented, but it's a forced three-property bundle with rough exteriors and no rent data, so the price tag tells you little until you see the whole package.

    Priced under $100K: usually means major repairs, a fire or condemned building, a contract-for-deed or partial-interest sale, or a listing error. Find out why before anything else.

  5. 116 2nd St S

    $64,500 · 3 units
    Cash flows
    Cash flow $1,397/mo Cap 32.4% Break-even price $327K Yr 30 vs stocks 21.24× Positive in yr 1

    Cheap triplex that only works if the package, the rents and the building condition hold up, so verify everything before getting excited about the 32% cap.

    Priced under $100K: usually means major repairs, a fire or condemned building, a contract-for-deed or partial-interest sale, or a listing error. Find out why before anything else.

  6. 118 2nd St S

    $56,900 · 2 units
    Cash flows
    Cash flow $687/mo Cap 20.9% Break-even price $186K Yr 30 vs stocks 12.84× Positive in yr 1

    Cheap on paper, but a forced three-property bundle with no rents and rough-looking exteriors means this is a due-diligence project, not a bargain yet.

    Priced under $100K: usually means major repairs, a fire or condemned building, a contract-for-deed or partial-interest sale, or a listing error. Find out why before anything else.

Monthly cash flow

−$500$0$500$1,000$1,500break-even116 2nd St S$1,397824 13th St N$894118 2nd St S$687904 S 3rd Ave$285205 4th St N$2621208 S 2nd Ave W$234

What's changing

Nothing curated for this city yet.