11708 Highway
Duplex · 2 units: 2 bed / 2 bath ×2 unit split estimated · 2,819 sq ft
Plymouth, MN · View the listing ↗
Photos, via Realtor.com.
- Asking price
- $500,000 2 units · $250K per unit
- Monthly cash flow
- −$419 at 20% down, 7%
- Break-even price
- $421,288 where cash flow hits $0
First look
This is a side-by-side duplex in Plymouth, listed at $500K, and it doesn't work at today's rates. Our underwriting at the ask with 20% down shows about -$419/month cash flow and a 5.4% cap rate, and the break-even price is around $421K, so the ask is roughly $79K too high. The description gives no current rents or lease status, and our $2,025 mid estimate per 2-bed is only an estimate. I couldn't match the parcel, so confirm the taxes, the unit count and the rental license before anything else. It's worth a showing only if the seller moves a lot on price or the rent roll beats our estimates.
Things to consider
- Price doesn't match the income At the ask, we estimate negative cash flow of about $419/month with a 5.4% cap rate. The price has to drop sharply or rents have to beat our estimates.
- R-1 zoning on a duplex If this is non-conforming, rebuild rights, financing and rental licensing could all be affected. Verify with the city before offering.Listing says: “Zoning R 1”
- Rents are unstated Our $2,025 mid estimate per unit is not a real rent roll. Get leases and the trailing-12 income and expenses before trusting any cash flow figure.
- Updates are uneven between sides Only the right side is described as freshly painted with new flooring. The left side may need work, which affects turnover costs and achievable rent.Listing says: “right side just painted and new flooring 2025”
- Taxes and unit count unverified We couldn't match a county parcel. Taxes could be higher for an investor than the listing implies, which would worsen cash flow.
From the photos
Based on 1 of the listing photos. Photos can hide as much as they show; an inspection is the real answer.
Condition and repairs
- doneNewer roofListing says: Well cared for, newer roof, right side just painted and new flooring 2025.
- doneRight side repainted and new flooring in 2025Listing says: right side just painted and new flooring 2025
AI-assisted first read of the listing description and photos (Claude), checked against public records. Every rent and repair above quotes the listing; verify with the agent, leases and an inspection.
The numbers
Edit rents, costs and assumptions
Default: 20% down (no PMI), offer at asking, self-managed, 7.00% for 30 years, buyer pays closing costs (3%).
The deal
- Price
- $500,000
- Cash to close
- $65,000
- Price per unit
- $250,000
- GRM
- 10.3
Each month
- Cash flow
- −$1,033/mo
- Cash-on-cash
- −19.1%
- Cap rate
- 5.4%
- DSCR
- 0.68×
Break-even
- Price that breaks even
- $342,320
- Rent that breaks even
- $5,374/mo
Long run
- Year 30: property vs stocks
- $1.46M vs $896K
- Cash flow turns positive
- year 12
The deal
- Price
- $500,000
- Cash to close
- $65,000
- Price per unit
- $250,000
- GRM
- 10.3
Each month
- Cash flow
- −$1,375/mo
- Cash-on-cash
- −25.4%
- Cap rate
- 4.6%
- DSCR
- 0.58×
Break-even
- Price that breaks even
- $290,012
- Rent that breaks even
- $6,028/mo
Long run
- Year 30: property vs stocks
- $1.25M vs $1.22M
- Cash flow turns positive
- year 18
The deal
- Price
- $490,000
- Cash to close
- $63,700
- Price per unit
- $245,000
- GRM
- 10.1
Each month
- Cash flow
- −$967/mo
- Cash-on-cash
- −18.2%
- Cap rate
- 5.5%
- DSCR
- 0.70×
Break-even
- Price that breaks even
- $342,320
- Rent that breaks even
- $5,290/mo
Long run
- Year 30: property vs stocks
- $1.47M vs $844K
- Cash flow turns positive
- year 11
The deal
- Price
- $490,000
- Cash to close
- $63,700
- Price per unit
- $245,000
- GRM
- 10.1
Each month
- Cash flow
- −$1,310/mo
- Cash-on-cash
- −24.7%
- Cap rate
- 4.7%
- DSCR
- 0.59×
Break-even
- Price that breaks even
- $290,012
- Rent that breaks even
- $5,934/mo
Long run
- Year 30: property vs stocks
- $1.25M vs $1.15M
- Cash flow turns positive
- year 18
The deal
- Price
- $500,000
- Cash to close
- $115,000
- Price per unit
- $250,000
- GRM
- 10.3
Each month
- Cash flow
- −$419/mo
- Cash-on-cash
- −4.4%
- Cap rate
- 5.4%
- DSCR
- 0.84×
Break-even
- Price that breaks even
- $421,288
- Rent that breaks even
- $4,587/mo
Long run
- Year 30: property vs stocks
- $1.65M vs $994K
- Cash flow turns positive
- year 8
The deal
- Price
- $500,000
- Cash to close
- $115,000
- Price per unit
- $250,000
- GRM
- 10.3
Each month
- Cash flow
- −$762/mo
- Cash-on-cash
- −7.9%
- Cap rate
- 4.6%
- DSCR
- 0.71×
Break-even
- Price that breaks even
- $356,913
- Rent that breaks even
- $5,145/mo
Long run
- Year 30: property vs stocks
- $1.35M vs $1.23M
- Cash flow turns positive
- year 14
The deal
- Price
- $490,000
- Cash to close
- $112,700
- Price per unit
- $245,000
- GRM
- 10.1
Each month
- Cash flow
- −$366/mo
- Cash-on-cash
- −3.9%
- Cap rate
- 5.5%
- DSCR
- 0.86×
Break-even
- Price that breaks even
- $421,288
- Rent that breaks even
- $4,519/mo
Long run
- Year 30: property vs stocks
- $1.66M vs $952K
- Cash flow turns positive
- year 7
The deal
- Price
- $490,000
- Cash to close
- $112,700
- Price per unit
- $245,000
- GRM
- 10.1
Each month
- Cash flow
- −$708/mo
- Cash-on-cash
- −7.5%
- Cap rate
- 4.7%
- DSCR
- 0.73×
Break-even
- Price that breaks even
- $356,913
- Rent that breaks even
- $5,069/mo
Long run
- Year 30: property vs stocks
- $1.35M vs $1.18M
- Cash flow turns positive
- year 13
The deal
- Price
- $500,000
- Cash to close
- $140,000
- Price per unit
- $250,000
- GRM
- 10.3
Each month
- Cash flow
- −$253/mo
- Cash-on-cash
- −2.2%
- Cap rate
- 5.4%
- DSCR
- 0.90×
Break-even
- Price that breaks even
- $449,374
- Rent that breaks even
- $4,374/mo
Long run
- Year 30: property vs stocks
- $1.77M vs $1.12M
- Cash flow turns positive
- year 5
The deal
- Price
- $500,000
- Cash to close
- $140,000
- Price per unit
- $250,000
- GRM
- 10.3
Each month
- Cash flow
- −$595/mo
- Cash-on-cash
- −5.1%
- Cap rate
- 4.6%
- DSCR
- 0.76×
Break-even
- Price that breaks even
- $380,707
- Rent that breaks even
- $4,906/mo
Long run
- Year 30: property vs stocks
- $1.42M vs $1.31M
- Cash flow turns positive
- year 12
The deal
- Price
- $490,000
- Cash to close
- $137,200
- Price per unit
- $245,000
- GRM
- 10.1
Each month
- Cash flow
- −$203/mo
- Cash-on-cash
- −1.8%
- Cap rate
- 5.5%
- DSCR
- 0.92×
Break-even
- Price that breaks even
- $449,374
- Rent that breaks even
- $4,310/mo
Long run
- Year 30: property vs stocks
- $1.78M vs $1.08M
- Cash flow turns positive
- year 5
The deal
- Price
- $490,000
- Cash to close
- $137,200
- Price per unit
- $245,000
- GRM
- 10.1
Each month
- Cash flow
- −$545/mo
- Cash-on-cash
- −4.8%
- Cap rate
- 4.7%
- DSCR
- 0.78×
Break-even
- Price that breaks even
- $380,707
- Rent that breaks even
- $4,834/mo
Long run
- Year 30: property vs stocks
- $1.42M vs $1.25M
- Cash flow turns positive
- year 11
Monthly
Monthly breakdown
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Listing | −$478 |
| Insurance Estimate | −$209 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$324 |
| Capital reserve (8% of rent) | −$324 |
| Net operating income | $2,242 |
| Mortgage (principal + interest) | −$2,994 |
| PMI | −$281 |
| Cash flow | −$1,033 |
| Principal paid down (equity, not cash) | $381 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Listing | −$478 |
| Insurance Estimate | −$209 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$324 |
| Capital reserve (8% of rent) | −$324 |
| Property management | −$343 |
| Net operating income | $1,900 |
| Mortgage (principal + interest) | −$2,994 |
| PMI | −$281 |
| Cash flow | −$1,375 |
| Principal paid down (equity, not cash) | $381 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Listing | −$478 |
| Insurance Estimate | −$209 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$324 |
| Capital reserve (8% of rent) | −$324 |
| Net operating income | $2,242 |
| Mortgage (principal + interest) | −$2,934 |
| PMI | −$276 |
| Cash flow | −$967 |
| Principal paid down (equity, not cash) | $373 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Listing | −$478 |
| Insurance Estimate | −$209 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$324 |
| Capital reserve (8% of rent) | −$324 |
| Property management | −$343 |
| Net operating income | $1,900 |
| Mortgage (principal + interest) | −$2,934 |
| PMI | −$276 |
| Cash flow | −$1,310 |
| Principal paid down (equity, not cash) | $373 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Listing | −$478 |
| Insurance Estimate | −$209 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$324 |
| Capital reserve (8% of rent) | −$324 |
| Net operating income | $2,242 |
| Mortgage (principal + interest) | −$2,661 |
| Cash flow | −$419 |
| Principal paid down (equity, not cash) | $339 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Listing | −$478 |
| Insurance Estimate | −$209 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$324 |
| Capital reserve (8% of rent) | −$324 |
| Property management | −$343 |
| Net operating income | $1,900 |
| Mortgage (principal + interest) | −$2,661 |
| Cash flow | −$762 |
| Principal paid down (equity, not cash) | $339 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Listing | −$478 |
| Insurance Estimate | −$209 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$324 |
| Capital reserve (8% of rent) | −$324 |
| Net operating income | $2,242 |
| Mortgage (principal + interest) | −$2,608 |
| Cash flow | −$366 |
| Principal paid down (equity, not cash) | $332 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Listing | −$478 |
| Insurance Estimate | −$209 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$324 |
| Capital reserve (8% of rent) | −$324 |
| Property management | −$343 |
| Net operating income | $1,900 |
| Mortgage (principal + interest) | −$2,608 |
| Cash flow | −$708 |
| Principal paid down (equity, not cash) | $332 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Listing | −$478 |
| Insurance Estimate | −$209 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$324 |
| Capital reserve (8% of rent) | −$324 |
| Net operating income | $2,242 |
| Mortgage (principal + interest) | −$2,495 |
| Cash flow | −$253 |
| Principal paid down (equity, not cash) | $317 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Listing | −$478 |
| Insurance Estimate | −$209 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$324 |
| Capital reserve (8% of rent) | −$324 |
| Property management | −$343 |
| Net operating income | $1,900 |
| Mortgage (principal + interest) | −$2,495 |
| Cash flow | −$595 |
| Principal paid down (equity, not cash) | $317 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Listing | −$478 |
| Insurance Estimate | −$209 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$324 |
| Capital reserve (8% of rent) | −$324 |
| Net operating income | $2,242 |
| Mortgage (principal + interest) | −$2,445 |
| Cash flow | −$203 |
| Principal paid down (equity, not cash) | $311 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Listing | −$478 |
| Insurance Estimate | −$209 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$324 |
| Capital reserve (8% of rent) | −$324 |
| Property management | −$343 |
| Net operating income | $1,900 |
| Mortgage (principal + interest) | −$2,445 |
| Cash flow | −$545 |
| Principal paid down (equity, not cash) | $311 |
Cash flow each year
Rents +3%/yr, costs +3.5%/yr. Red bars are months you'd cover out of pocket.
30 years
How those totals add up
- Your equity when you sell
- $1,140,813
- Rental profits, invested at 7%
- $323,741
Sells for $1,213,631 (value up 3% a year), minus 6% selling cost ($72,818). Rent paid down $450,000 of loan.
$212,054 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $494,797
- Monthly shortfalls, invested
- $400,966
$65,000 put into an index fund instead of the down payment and closing costs.
$67,744 you'd have paid in while the building lost money, invested instead.
The building comes out $568,791 ahead after 30 years.
- Your equity when you sell
- $1,140,813
- Rental profits, invested at 7%
- $113,822
Sells for $1,213,631 (value up 3% a year), minus 6% selling cost ($72,818). Rent paid down $450,000 of loan.
$87,257 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $494,797
- Monthly shortfalls, invested
- $724,007
$65,000 put into an index fund instead of the down payment and closing costs.
$138,556 you'd have paid in while the building lost money, invested instead.
The building comes out $35,831 ahead after 30 years.
- Your equity when you sell
- $1,117,997
- Rental profits, invested at 7%
- $351,394
Sells for $1,189,359 (value up 3% a year), minus 6% selling cost ($71,362). Rent paid down $441,000 of loan.
$225,926 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $484,901
- Monthly shortfalls, invested
- $359,006
$63,700 put into an index fund instead of the down payment and closing costs.
$59,789 you'd have paid in while the building lost money, invested instead.
The building comes out $625,485 ahead after 30 years.
- Your equity when you sell
- $1,117,997
- Rental profits, invested at 7%
- $128,293
Sells for $1,189,359 (value up 3% a year), minus 6% selling cost ($71,362). Rent paid down $441,000 of loan.
$96,598 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $484,901
- Monthly shortfalls, invested
- $668,866
$63,700 put into an index fund instead of the down payment and closing costs.
$126,071 you'd have paid in while the building lost money, invested instead.
The building comes out $92,524 ahead after 30 years.
- Your equity when you sell
- $1,140,813
- Rental profits, invested at 7%
- $505,079
Sells for $1,213,631 (value up 3% a year), minus 6% selling cost ($72,818). Rent paid down $400,000 of loan.
$296,217 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $875,409
- Monthly shortfalls, invested
- $118,212
$115,000 put into an index fund instead of the down payment and closing costs.
$18,652 you'd have paid in while the building lost money, invested instead.
The building comes out $652,270 ahead after 30 years.
- Your equity when you sell
- $1,140,813
- Rental profits, invested at 7%
- $213,147
Sells for $1,213,631 (value up 3% a year), minus 6% selling cost ($72,818). Rent paid down $400,000 of loan.
$146,534 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $875,409
- Monthly shortfalls, invested
- $359,241
$115,000 put into an index fund instead of the down payment and closing costs.
$64,578 you'd have paid in while the building lost money, invested instead.
The building comes out $119,311 ahead after 30 years.
- Your equity when you sell
- $1,117,997
- Rental profits, invested at 7%
- $541,320
Sells for $1,189,359 (value up 3% a year), minus 6% selling cost ($71,362). Rent paid down $392,000 of loan.
$311,353 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $857,901
- Monthly shortfalls, invested
- $94,122
$112,700 put into an index fund instead of the down payment and closing costs.
$14,627 you'd have paid in while the building lost money, invested instead.
The building comes out $707,293 ahead after 30 years.
- Your equity when you sell
- $1,117,997
- Rental profits, invested at 7%
- $233,688
Sells for $1,189,359 (value up 3% a year), minus 6% selling cost ($71,362). Rent paid down $392,000 of loan.
$157,659 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $857,901
- Monthly shortfalls, invested
- $319,450
$112,700 put into an index fund instead of the down payment and closing costs.
$56,542 you'd have paid in while the building lost money, invested instead.
The building comes out $174,334 ahead after 30 years.
- Your equity when you sell
- $1,140,813
- Rental profits, invested at 7%
- $625,618
Sells for $1,213,631 (value up 3% a year), minus 6% selling cost ($72,818). Rent paid down $375,000 of loan.
$344,971 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $1,065,716
- Monthly shortfalls, invested
- $50,216
$140,000 put into an index fund instead of the down payment and closing costs.
$7,529 you'd have paid in while the building lost money, invested instead.
The building comes out $650,500 ahead after 30 years.
- Your equity when you sell
- $1,140,813
- Rental profits, invested at 7%
- $282,478
Sells for $1,213,631 (value up 3% a year), minus 6% selling cost ($72,818). Rent paid down $375,000 of loan.
$182,872 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $1,065,716
- Monthly shortfalls, invested
- $240,036
$140,000 put into an index fund instead of the down payment and closing costs.
$41,039 you'd have paid in while the building lost money, invested instead.
The building comes out $117,539 ahead after 30 years.
- Your equity when you sell
- $1,117,997
- Rental profits, invested at 7%
- $666,739
Sells for $1,189,359 (value up 3% a year), minus 6% selling cost ($71,362). Rent paid down $367,500 of loan.
$360,539 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $1,044,401
- Monthly shortfalls, invested
- $34,777
$137,200 put into an index fund instead of the down payment and closing costs.
$5,134 you'd have paid in while the building lost money, invested instead.
The building comes out $705,558 ahead after 30 years.
- Your equity when you sell
- $1,117,997
- Rental profits, invested at 7%
- $306,892
Sells for $1,189,359 (value up 3% a year), minus 6% selling cost ($71,362). Rent paid down $367,500 of loan.
$194,811 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $1,044,401
- Monthly shortfalls, invested
- $207,890
$137,200 put into an index fund instead of the down payment and closing costs.
$35,014 you'd have paid in while the building lost money, invested instead.
The building comes out $172,598 ahead after 30 years.
Future dollars. At 3% inflation, divide year-30 figures by about 2.4 for today's buying power. Rental profits are assumed invested, not spent.
30 years: this property vs. the same money in stocks
Year 30 (loan paid off): property $1.46M, stocks $896K. The property wins.
Year 30 (loan paid off): property $1.25M, stocks $1.22M. The property wins.
Year 30 (loan paid off): property $1.47M, stocks $844K. The property wins.
Year 30 (loan paid off): property $1.25M, stocks $1.15M. The property wins.
Year 30 (loan paid off): property $1.65M, stocks $994K. The property wins.
Year 30 (loan paid off): property $1.35M, stocks $1.23M. The property wins.
Year 30 (loan paid off): property $1.66M, stocks $952K. The property wins.
Year 30 (loan paid off): property $1.35M, stocks $1.18M. The property wins.
Year 30 (loan paid off): property $1.77M, stocks $1.12M. The property wins.
Year 30 (loan paid off): property $1.42M, stocks $1.31M. The property wins.
Year 30 (loan paid off): property $1.78M, stocks $1.08M. The property wins.
Year 30 (loan paid off): property $1.42M, stocks $1.25M. The property wins.
Comparable rentals
The closest rental listings with each unit's bedroom count, as of 2026-10-06. The estimate is the median asking rent of every rental we found nearby (the count is shown for each); houses are left out. Asking rents from Realtor.com rental listings, not signed leases.
2 bed estimate $2,025/mo · range $1,850–$2,900 · 10 rentals within 1.5 mi
| Address | Rent | Bd / Ba | Distance |
|---|---|---|---|
| 1020 W Medicine Lake Dr, Plymouth | $2,219 | 2 / 2 | 0.3 mi |
| 1300 W Medicine Lake Dr, Plymouth | $1,790 | 2 / 2 | 0.3 mi |
| 10010 6th Ave N, Plymouth | $2,895 | 2 / 2 | 1.1 mi |
| 12300 Marion Ln W, Minnetonka | $1,744 | 2 / 2 | 1.2 mi |
| 11816 Wayzata Blvd, Minnetonka | $2,975 | 2 / 2 | 1.3 mi |
| 200 Nathan Ln N, Plymouth | $1,847 | 2 / 2 | 1.3 mi |
| 350 Nathan Ln N, Plymouth | $2,700 | 2 / 2 | 1.3 mi |
| 301 Shelard Pkwy, Saint Louis Park | $1,957 | 2 / 2 | 1.4 mi |
| 12708 Wayzata Blvd, Minnetonka | $1,705 | 2 / 2 | 1.4 mi |
| 275 Shelard Pkwy, Saint Louis Park | $1,679 | 2 / 2 | 1.4 mi |
On the maps, this property and comparable rentals. Comparable rentals and rent estimate: Realtor.com rental listings. Rents are asking rents from listings; check them against the actual leases.
Red flags and opportunities
Watch for
- highZoned R-1 (single-family). A duplex here may be a legal non-conforming use. Confirm it can be rented as two units and re-built if damaged. Listing says: Zoning R 1 · AI review
- highPrice is far above what the rents support. Break-even is about $377K against a $500K ask. Based on: data: underwriting.break_even_price · AI review
- mediumCouldn't match this address to a county parcel record, so taxes and unit count are unverified. Public record: County parcels: no match for 11708 HIGHWAY
- mediumNo rents, lease status or utility info given, so income can't be checked against the numbers. Based on: data: rent_estimate · AI review
Opportunities
- Left side wasn't mentioned as updated, so there may be room to refresh it and raise rent. There's no rent cap. Listing says: right side just painted and new flooring 2025 · AI review
- Walkout lower levels with family rooms and laundry on each side add usable space and appeal to tenants. Listing says: Lower level walks out has family room and laundry. · AI review
Questions for the agent
- What are the current rents and lease end dates for each side? Is either month-to-month?
- Is this legally a duplex under R-1 zoning, and does it have a Plymouth rental license?
- How old is the roof, and what are the furnace, water heater and panel ages for each side?
- Who pays utilities, and is there one meter or two for each of gas, electric and water?
- Are the lower-level family rooms finished, permitted space? Is there any history of water in the walkout basements?
- What did the seller pay, and why was it listed at $500K?
Bottom line
Tidy-looking side-by-side, but $500K is about $79K above break-even and the R-1 zoning needs checking, so only a big price cut makes it work. AI-assisted summary
What the records say
Where each number comes from
| Property tax / yr Listinglisting, tax year 2026. The tax the listing states. If the seller lives there it may be at the lower homestead rate; an investor owner pays the non-homestead rate, often 20–40% more on the owner's unit. | $5,736 |
| Insurance / yr Estimateestimate. from units, square feet and age; get a quote | $2,505 |
| Water, sewer, trash / mo Estimateestimate. $85/unit/mo, owner-paid | $170 |
| Heat / mo Assumptionassumption. tenants pay heat; confirm with the agent | $0 |
| Lawn care / mo Assumptionassumption. $120/mo for 6 months, spread over 12; no snow removal | $60 |
| Repairs / capital reserve Rulerule. base rate | 8% / 8% |
Price history Realtor.com
On the market since 2026-09-25 (10 days); last sold for $270,300 on 2015-06-11; listed for rent at $1,799/mo on 2025-11-05.
| Date | Event | Price |
|---|---|---|
| Listed | $500,000 | |
| Removed | — | |
| Rent changed | $1,799/mo | |
| Rent changed | $1,799/mo | |
| Listed for rent | $1,900/mo | |
| Listed for rent | $1,900/mo | |
| Removed | — | |
| Rent changed | $1,600/mo | |
| Listed for rent | $1,500/mo | |
| Rental removed | $1,275/mo | |
| Listed for rent | $1,275/mo | |
| Listed for rent | $1,275/mo | |
| Rental removed | $1,195/mo | |
| Listed for rent | $1,195/mo | |
| Rental removed | $1,195/mo | |
| Rent changed | $1,195/mo | |
| Rental removed | $1,295/mo | |
| Listed for rent | $1,295/mo | |
| Sold public record | $270,300 | |
| Listed for rent | $1,295/mo | |
| Sold public record | $260,000 |
From the listing Listing
| Listed as | duplex side x side |
| Property tax, 2026 | $5,736 |
| County | Hennepin |
| Parcel number | 3511822120020 |
As the listing states it (NorthstarMLS, via Realtor.com). We don't have county records here yet; check the tax, homestead status and special assessments with the county.
Crime, rental-license and vacant-building records are only available for St. Paul and Minneapolis so far. Check with Plymouth on rental licensing before you buy.