Menu
Greater Minnesota › Waseca

Waseca

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
4
Median price per unit
$67K
Typical cash flow
$404
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.

Duplex
+$510/mo cash flow
Cash flows · cap 10.5% · 20% down
$149,900
2 units6 bd2 ba2,244 sqft
210 7th Ave NE, Waseca
Rents: RentCast comps
Duplex New listing
−$1/mo cash flow
Close · cap 6.4% · 20% down
$245,000
2 units4 bd2 ba2,352 sqft
109 10th Ave SE, Waseca
Rents: RentCast comps

Ways to slice it

Best cash flow now

Monthly cash flow at 20% down.

  1. 610 3rd Ave SE serious flag $722/mo
  2. 210 7th Ave NE $510/mo
  3. 610 Se 3rd Ave serious flag $298/mo
  4. 109 10th Ave SE −$1/mo

Best long-term

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

  1. 610 3rd Ave SE serious flag 6.04× stocks
  2. 210 7th Ave NE 5.39× stocks
  3. 610 Se 3rd Ave serious flag 3.64× stocks
  4. 109 10th Ave SE 2.44× stocks

Value-add

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

  1. 210 7th Ave NE Long time on market: room to negotiate.
  2. 610 Se 3rd Ave serious flag Long time on market: room to negotiate.
  3. 610 3rd Ave SE serious flag Long time on market: room to negotiate.

Proceed with caution

Decent numbers, serious flags.

Nothing here right now.

All listings

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

  1. 210 7th Ave NE

    $149,900 · 2 units
    Cash flows
    Cash flow $510/mo Cap 10.5% Break-even price $246K Yr 30 vs stocks 5.39× Positive in yr 1

    On paper the numbers are strong for Waseca at this price, but rents, taxes and condition are all unverified, and 311 days on market begs the question why.

  2. 109 10th Ave SE

    $245,000 · 2 units
    Close
    Cash flow −$1/mo Cap 6.4% Break-even price $245K Yr 30 vs stocks 2.44× Positive in yr 2

    A clean-looking Waseca duplex that is roughly break-even on cash flow at $245K on our rent estimates, so it's a house-hack or a small-price-cut play, not a strong pure investment.

  3. 610 Se 3rd Ave

    $174,800 · 3 units
    Cash flows
    Cash flow $298/mo Cap 8.4% Break-even price $231K Yr 30 vs stocks 3.64× Positive in yr 2

    The numbers look decent on paper, but until the unit count, rents and taxes are confirmed, treat this as an unverified 1887 house.

    Unit count isn't confirmed. The house looks small for three units, and the county record didn't match.

  4. 610 3rd Ave SE

    $174,800 · 3 units
    Cash flows
    Cash flow $722/mo Cap 11.3% Break-even price $310K Yr 30 vs stocks 6.04× Positive in yr 1

    The modeled numbers look good, but with no rents, no verified unit count and an 1887 build, treat the triplex claim as unproven until you see the rent roll and rental license.

    Triplex claim is unverified; the house looks like a converted single-family home and no county record matched.

Monthly cash flow

−$500$0$500$1,000break-even610 3rd Ave SE$722210 7th Ave NE$510610 Se 3rd Ave$298109 10th Ave SE−$1

What's changing

Nothing curated for this city yet.