210 7th Ave NE
Duplex · 2 units: 3 bed / 1 bath ×2 unit split estimated · 2,244 sq ft
Waseca, MN · View the listing ↗
Photos, via Realtor.com.
- Asking price
- $149,900 2 units · $75K per unit
- Monthly cash flow
- $510 at 20% down, 7%
- Estimated rent
- $2,500/mo medium confidence
- Break-even price
- $245,673 where cash flow hits $0
First look
This is a 1915 Waseca duplex of two 3-bed/1-bath units at $149,900, and our numbers look strong on paper: about $510/month cash flow and a 10.5% cap rate at asking, with rents estimated near $1,250 per unit. But those rents are our estimates, since the listing gives no tenant rents or lease terms, and we couldn't match a county parcel, so taxes and unit count are unverified. It has sat 311 days, which usually means a reason beyond price. The photos show an older building with grassy overgrowth, dated baths and some scuffed walls, and the basement, kitchens and roof were never shown. Get the rent roll, taxes and an inspection before deciding. It's worth a showing if the taxes and rents hold up.
Things to consider
- Rents are our estimate, not actual Cash flow of $510/month rests on estimated rents of about $1,250 per unit. Actual leases could be lower or higher, so get the rent roll.
- Taxes and unit count unverified No parcel match means the tax figure in our model may be off. Taxes can swing cash flow noticeably on a $150K building.
- Long time on market gives leverage Nearly a year listed means the seller may accept a lower offer. It could also signal condition or tenant issues.
- Building age and exterior condition A 1915 building with weathered siding, foundation staining and a rear stair may need near-term capital spending. Budget reserves.From photo 2
- Boilers described as updated, but unverified Heating is a major expense in Minnesota. Confirm age, one boiler or two, and who pays for heat.Listing says: “updates including updated boilers and PVC for the sewer system”
From the photos
Based on 10 of the listing photos. Photos can hide as much as they show; an inspection is the real answer.
Condition and repairs
- doneUpdated boilersListing says: updates including updated boilers and PVC for the sewer system
- donePVC sewer lineListing says: updates including updated boilers and PVC for the sewer system
- doneNew hot water heater in the 210 unitListing says: A new hot water heater was recently installed in the 210 unit.
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
- $149,900
- Cash to close
- $19,487
- Price per unit
- $74,950
- GRM
- 5.0
Each month
- Cash flow
- $326/mo
- Cash-on-cash
- 20.1%
- Cap rate
- 10.5%
- DSCR
- 1.33×
Break-even
- Price that breaks even
- $199,623
- Rent that breaks even
- $2,077/mo
Long run
- Year 30: property vs stocks
- $1.28M vs $148K
- Cash flow turns positive
- year 1
The deal
- Price
- $149,900
- Cash to close
- $19,487
- Price per unit
- $74,950
- GRM
- 5.0
Each month
- Cash flow
- $114/mo
- Cash-on-cash
- 7.0%
- Cap rate
- 8.8%
- DSCR
- 1.12×
Break-even
- Price that breaks even
- $167,334
- Rent that breaks even
- $2,333/mo
Long run
- Year 30: property vs stocks
- $947K vs $148K
- Cash flow turns positive
- year 1
The deal
- Price
- $139,900
- Cash to close
- $18,187
- Price per unit
- $69,950
- GRM
- 4.7
Each month
- Cash flow
- $391/mo
- Cash-on-cash
- 25.8%
- Cap rate
- 11.2%
- DSCR
- 1.43×
Break-even
- Price that breaks even
- $199,623
- Rent that breaks even
- $1,992/mo
Long run
- Year 30: property vs stocks
- $1.32M vs $138K
- Cash flow turns positive
- year 1
The deal
- Price
- $139,900
- Cash to close
- $18,187
- Price per unit
- $69,950
- GRM
- 4.7
Each month
- Cash flow
- $180/mo
- Cash-on-cash
- 11.9%
- Cap rate
- 9.4%
- DSCR
- 1.20×
Break-even
- Price that breaks even
- $167,334
- Rent that breaks even
- $2,238/mo
Long run
- Year 30: property vs stocks
- $993K vs $138K
- Cash flow turns positive
- year 1
The deal
- Price
- $149,900
- Cash to close
- $34,477
- Price per unit
- $74,950
- GRM
- 5.0
Each month
- Cash flow
- $510/mo
- Cash-on-cash
- 17.7%
- Cap rate
- 10.5%
- DSCR
- 1.64×
Break-even
- Price that breaks even
- $245,673
- Rent that breaks even
- $1,838/mo
Long run
- Year 30: property vs stocks
- $1.41M vs $262K
- Cash flow turns positive
- year 1
The deal
- Price
- $149,900
- Cash to close
- $34,477
- Price per unit
- $74,950
- GRM
- 5.0
Each month
- Cash flow
- $298/mo
- Cash-on-cash
- 10.4%
- Cap rate
- 8.8%
- DSCR
- 1.37×
Break-even
- Price that breaks even
- $205,935
- Rent that breaks even
- $2,065/mo
Long run
- Year 30: property vs stocks
- $1.09M vs $262K
- Cash flow turns positive
- year 1
The deal
- Price
- $139,900
- Cash to close
- $32,177
- Price per unit
- $69,950
- GRM
- 4.7
Each month
- Cash flow
- $563/mo
- Cash-on-cash
- 21.0%
- Cap rate
- 11.2%
- DSCR
- 1.76×
Break-even
- Price that breaks even
- $245,673
- Rent that breaks even
- $1,769/mo
Long run
- Year 30: property vs stocks
- $1.45M vs $245K
- Cash flow turns positive
- year 1
The deal
- Price
- $139,900
- Cash to close
- $32,177
- Price per unit
- $69,950
- GRM
- 4.7
Each month
- Cash flow
- $351/mo
- Cash-on-cash
- 13.1%
- Cap rate
- 9.4%
- DSCR
- 1.47×
Break-even
- Price that breaks even
- $205,935
- Rent that breaks even
- $1,987/mo
Long run
- Year 30: property vs stocks
- $1.12M vs $245K
- Cash flow turns positive
- year 1
The deal
- Price
- $149,900
- Cash to close
- $41,972
- Price per unit
- $74,950
- GRM
- 5.0
Each month
- Cash flow
- $560/mo
- Cash-on-cash
- 16.0%
- Cap rate
- 10.5%
- DSCR
- 1.75×
Break-even
- Price that breaks even
- $262,051
- Rent that breaks even
- $1,773/mo
Long run
- Year 30: property vs stocks
- $1.47M vs $320K
- Cash flow turns positive
- year 1
The deal
- Price
- $149,900
- Cash to close
- $41,972
- Price per unit
- $74,950
- GRM
- 5.0
Each month
- Cash flow
- $348/mo
- Cash-on-cash
- 10.0%
- Cap rate
- 8.8%
- DSCR
- 1.47×
Break-even
- Price that breaks even
- $219,664
- Rent that breaks even
- $1,992/mo
Long run
- Year 30: property vs stocks
- $1.14M vs $320K
- Cash flow turns positive
- year 1
The deal
- Price
- $139,900
- Cash to close
- $39,172
- Price per unit
- $69,950
- GRM
- 4.7
Each month
- Cash flow
- $610/mo
- Cash-on-cash
- 18.7%
- Cap rate
- 11.2%
- DSCR
- 1.87×
Break-even
- Price that breaks even
- $262,051
- Rent that breaks even
- $1,708/mo
Long run
- Year 30: property vs stocks
- $1.50M vs $298K
- Cash flow turns positive
- year 1
The deal
- Price
- $139,900
- Cash to close
- $39,172
- Price per unit
- $69,950
- GRM
- 4.7
Each month
- Cash flow
- $398/mo
- Cash-on-cash
- 12.2%
- Cap rate
- 9.4%
- DSCR
- 1.57×
Break-even
- Price that breaks even
- $219,664
- Rent that breaks even
- $1,919/mo
Long run
- Year 30: property vs stocks
- $1.18M vs $298K
- Cash flow turns positive
- year 1
Monthly
Monthly breakdown
| Rent | $2,500 |
| Vacancy (6%) | −$150 |
| Collected | $2,350 |
| Property tax Listing | −$171 |
| Insurance Estimate | −$216 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$200 |
| Capital reserve (9% of rent) | −$225 |
| Net operating income | $1,308 |
| Mortgage (principal + interest) | −$898 |
| PMI | −$84 |
| Cash flow | $326 |
| Principal paid down (equity, not cash) | $114 |
| Rent | $2,500 |
| Vacancy (6%) | −$150 |
| Collected | $2,350 |
| Property tax Listing | −$171 |
| Insurance Estimate | −$216 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$200 |
| Capital reserve (9% of rent) | −$225 |
| Property management | −$212 |
| Net operating income | $1,096 |
| Mortgage (principal + interest) | −$898 |
| PMI | −$84 |
| Cash flow | $114 |
| Principal paid down (equity, not cash) | $114 |
| Rent | $2,500 |
| Vacancy (6%) | −$150 |
| Collected | $2,350 |
| Property tax Listing | −$171 |
| Insurance Estimate | −$216 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$200 |
| Capital reserve (9% of rent) | −$225 |
| Net operating income | $1,308 |
| Mortgage (principal + interest) | −$838 |
| PMI | −$79 |
| Cash flow | $391 |
| Principal paid down (equity, not cash) | $107 |
| Rent | $2,500 |
| Vacancy (6%) | −$150 |
| Collected | $2,350 |
| Property tax Listing | −$171 |
| Insurance Estimate | −$216 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$200 |
| Capital reserve (9% of rent) | −$225 |
| Property management | −$212 |
| Net operating income | $1,096 |
| Mortgage (principal + interest) | −$838 |
| PMI | −$79 |
| Cash flow | $180 |
| Principal paid down (equity, not cash) | $107 |
| Rent | $2,500 |
| Vacancy (6%) | −$150 |
| Collected | $2,350 |
| Property tax Listing | −$171 |
| Insurance Estimate | −$216 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$200 |
| Capital reserve (9% of rent) | −$225 |
| Net operating income | $1,308 |
| Mortgage (principal + interest) | −$798 |
| Cash flow | $510 |
| Principal paid down (equity, not cash) | $102 |
| Rent | $2,500 |
| Vacancy (6%) | −$150 |
| Collected | $2,350 |
| Property tax Listing | −$171 |
| Insurance Estimate | −$216 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$200 |
| Capital reserve (9% of rent) | −$225 |
| Property management | −$212 |
| Net operating income | $1,096 |
| Mortgage (principal + interest) | −$798 |
| Cash flow | $298 |
| Principal paid down (equity, not cash) | $102 |
| Rent | $2,500 |
| Vacancy (6%) | −$150 |
| Collected | $2,350 |
| Property tax Listing | −$171 |
| Insurance Estimate | −$216 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$200 |
| Capital reserve (9% of rent) | −$225 |
| Net operating income | $1,308 |
| Mortgage (principal + interest) | −$745 |
| Cash flow | $563 |
| Principal paid down (equity, not cash) | $95 |
| Rent | $2,500 |
| Vacancy (6%) | −$150 |
| Collected | $2,350 |
| Property tax Listing | −$171 |
| Insurance Estimate | −$216 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$200 |
| Capital reserve (9% of rent) | −$225 |
| Property management | −$212 |
| Net operating income | $1,096 |
| Mortgage (principal + interest) | −$745 |
| Cash flow | $351 |
| Principal paid down (equity, not cash) | $95 |
| Rent | $2,500 |
| Vacancy (6%) | −$150 |
| Collected | $2,350 |
| Property tax Listing | −$171 |
| Insurance Estimate | −$216 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$200 |
| Capital reserve (9% of rent) | −$225 |
| Net operating income | $1,308 |
| Mortgage (principal + interest) | −$748 |
| Cash flow | $560 |
| Principal paid down (equity, not cash) | $95 |
| Rent | $2,500 |
| Vacancy (6%) | −$150 |
| Collected | $2,350 |
| Property tax Listing | −$171 |
| Insurance Estimate | −$216 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$200 |
| Capital reserve (9% of rent) | −$225 |
| Property management | −$212 |
| Net operating income | $1,096 |
| Mortgage (principal + interest) | −$748 |
| Cash flow | $348 |
| Principal paid down (equity, not cash) | $95 |
| Rent | $2,500 |
| Vacancy (6%) | −$150 |
| Collected | $2,350 |
| Property tax Listing | −$171 |
| Insurance Estimate | −$216 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$200 |
| Capital reserve (9% of rent) | −$225 |
| Net operating income | $1,308 |
| Mortgage (principal + interest) | −$698 |
| Cash flow | $610 |
| Principal paid down (equity, not cash) | $89 |
| Rent | $2,500 |
| Vacancy (6%) | −$150 |
| Collected | $2,350 |
| Property tax Listing | −$171 |
| Insurance Estimate | −$216 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$200 |
| Capital reserve (9% of rent) | −$225 |
| Property management | −$212 |
| Net operating income | $1,096 |
| Mortgage (principal + interest) | −$698 |
| Cash flow | $398 |
| Principal paid down (equity, not cash) | $89 |
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
- $342,016
- Rental profits, invested at 7%
- $933,573
Sells for $363,847 (value up 3% a year), minus 6% selling cost ($21,831). Rent paid down $134,910 of loan.
$389,346 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $148,340
$19,487 put into an index fund instead of the down payment and closing costs.
The building comes out $1,127,248 ahead after 30 years.
- Your equity when you sell
- $342,016
- Rental profits, invested at 7%
- $604,585
Sells for $363,847 (value up 3% a year), minus 6% selling cost ($21,831). Rent paid down $134,910 of loan.
$268,599 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $148,340
$19,487 put into an index fund instead of the down payment and closing costs.
The building comes out $798,261 ahead after 30 years.
- Your equity when you sell
- $319,200
- Rental profits, invested at 7%
- $1,003,186
Sells for $339,574 (value up 3% a year), minus 6% selling cost ($20,374). Rent paid down $125,910 of loan.
$411,172 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $138,444
$18,187 put into an index fund instead of the down payment and closing costs.
The building comes out $1,183,941 ahead after 30 years.
- Your equity when you sell
- $319,200
- Rental profits, invested at 7%
- $674,198
Sells for $339,574 (value up 3% a year), minus 6% selling cost ($20,374). Rent paid down $125,910 of loan.
$290,425 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $138,444
$18,187 put into an index fund instead of the down payment and closing costs.
The building comes out $854,953 ahead after 30 years.
- Your equity when you sell
- $342,016
- Rental profits, invested at 7%
- $1,072,707
Sells for $363,847 (value up 3% a year), minus 6% selling cost ($21,831). Rent paid down $119,920 of loan.
$429,295 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $262,448
$34,477 put into an index fund instead of the down payment and closing costs.
The building comes out $1,152,275 ahead after 30 years.
- Your equity when you sell
- $342,016
- Rental profits, invested at 7%
- $743,720
Sells for $363,847 (value up 3% a year), minus 6% selling cost ($21,831). Rent paid down $119,920 of loan.
$308,549 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $262,448
$34,477 put into an index fund instead of the down payment and closing costs.
The building comes out $823,287 ahead after 30 years.
- Your equity when you sell
- $319,200
- Rental profits, invested at 7%
- $1,133,039
Sells for $339,574 (value up 3% a year), minus 6% selling cost ($20,374). Rent paid down $111,920 of loan.
$448,456 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $244,940
$32,177 put into an index fund instead of the down payment and closing costs.
The building comes out $1,207,298 ahead after 30 years.
- Your equity when you sell
- $319,200
- Rental profits, invested at 7%
- $804,051
Sells for $339,574 (value up 3% a year), minus 6% selling cost ($20,374). Rent paid down $111,920 of loan.
$327,710 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $244,940
$32,177 put into an index fund instead of the down payment and closing costs.
The building comes out $878,310 ahead after 30 years.
- Your equity when you sell
- $342,016
- Rental profits, invested at 7%
- $1,129,230
Sells for $363,847 (value up 3% a year), minus 6% selling cost ($21,831). Rent paid down $112,425 of loan.
$447,247 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $319,502
$41,972 put into an index fund instead of the down payment and closing costs.
The building comes out $1,151,744 ahead after 30 years.
- Your equity when you sell
- $342,016
- Rental profits, invested at 7%
- $800,242
Sells for $363,847 (value up 3% a year), minus 6% selling cost ($21,831). Rent paid down $112,425 of loan.
$326,500 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $319,502
$41,972 put into an index fund instead of the down payment and closing costs.
The building comes out $822,756 ahead after 30 years.
- Your equity when you sell
- $319,200
- Rental profits, invested at 7%
- $1,185,791
Sells for $339,574 (value up 3% a year), minus 6% selling cost ($20,374). Rent paid down $104,925 of loan.
$465,210 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $298,187
$39,172 put into an index fund instead of the down payment and closing costs.
The building comes out $1,206,803 ahead after 30 years.
- Your equity when you sell
- $319,200
- Rental profits, invested at 7%
- $856,803
Sells for $339,574 (value up 3% a year), minus 6% selling cost ($20,374). Rent paid down $104,925 of loan.
$344,463 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $298,187
$39,172 put into an index fund instead of the down payment and closing costs.
The building comes out $877,815 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 $1.28M, stocks $148K. The property wins.
Year 30 (loan paid off): property $947K, stocks $148K. The property wins.
Year 30 (loan paid off): property $1.32M, stocks $138K. The property wins.
Year 30 (loan paid off): property $993K, stocks $138K. The property wins.
Year 30 (loan paid off): property $1.41M, stocks $262K. The property wins.
Year 30 (loan paid off): property $1.09M, stocks $262K. The property wins.
Year 30 (loan paid off): property $1.45M, stocks $245K. The property wins.
Year 30 (loan paid off): property $1.12M, stocks $245K. The property wins.
Year 30 (loan paid off): property $1.47M, stocks $320K. The property wins.
Year 30 (loan paid off): property $1.14M, stocks $320K. The property wins.
Year 30 (loan paid off): property $1.50M, stocks $298K. The property wins.
Year 30 (loan paid off): property $1.18M, stocks $298K. The property wins.
Comparable rentals
Nearby rentals RentCast matched to each unit type, as of 2026-10-05. The estimate above is RentCast's, weighted toward the closest matches.
3 bed / 1 bath estimate $1,250/mo · range $1,050–$1,450
| Address | Rent | Bd / Ba | Distance | Match |
|---|---|---|---|---|
| 512 3rd St NE, Apt C, Waseca 56093 off market | $915 | 2 / 1 | 0.1 mi | 84% |
| 516 3rd St NE, Waseca 56093 off market | $1,445 | 2 / 1 | 0.1 mi | 79% |
| 208 N State St, Unit 6, Waseca 56093 | $1,195 | 2 / 1 | 0.4 mi | 77% |
| 208 N State St, Waseca 56093 off market | $1,195 | 2 / 1 | 0.4 mi | 77% |
| 216 12th St NE, Apt 304, Owatonna 55060 off market | $1,500 | 3 / 1 | 14.1 mi | 75% |
| 1101 2nd St NW, Apt 104, Waseca 56093 off market | $980 | 2 / 1 | 0.4 mi | 74% |
| 1101 2nd St NW, Apt 101, Waseca 56093 off market | $950 | 2 / 1 | 0.4 mi | 74% |
| 121 N State St, Waseca 56093 off market | $995 | 1 / 1 | 0.4 mi | 74% |
| 121 N State St, Unit 7, Waseca 56093 | $995 | 1 / 1 | 0.4 mi | 74% |
| 121 N State St, Unit 3, Waseca 56093 | $800 | 0 / 1 | 0.4 mi | 74% |
On the maps, this property and comparable rentals. Comparable rentals and rent estimate: RentCast. Rents are asking rents from listings; check them against the actual leases.
Red flags and opportunities
Watch for
- mediumCouldn't match this address to a county parcel record, so taxes and unit count are unverified. Public record: County parcels: no match for 210 7TH AVE NE
- mediumNo rents, lease terms or occupancy stated, and photos show lived-in units, so tenants are likely in place. Rents are unverified. Listing says: Both units include functional layouts. · AI review
- medium311 days on market suggests a hidden issue or an overpriced ask. Find out why. Based on: data: listing.days_on_market · AI review
- mediumStucco or parged foundation shows cracking and staining on the rear. Have the foundation inspected. Based on: photo 2 · AI review
- lowExterior shows overgrown yard, a rickety rear wooden stair and clutter. This suggests deferred upkeep. Based on: photo 4 · AI review
Opportunities
- Long time on market: room to negotiate. Based on: Listing data: 311 days on market
- Separate washer/dryer in each unit supports rent and tenant retention. Listing says: Both units also have their own washer and dryer. · AI review
- Price is well under our break-even, and long market time gives room to negotiate. Based on: data: underwriting.break_even_price · AI review
- Off-street parking and yard are a plus for a small-town rental. Listing says: Off-street parking lot and usable yard space add convenience for occupants. · AI review
Questions for the agent
- What are the current rents, lease end dates and deposits for each unit?
- What are the annual property taxes, and is the duplex licensed as a rental in Waseca?
- Who pays heat, water, sewer and trash? Are there separate meters for each unit?
- Why has it been on the market 311 days, and have there been offers or price cuts?
- How old are the boilers, roof, electrical panels and windows? Are there permits for the work?
- Do the units have separate gas and electric meters? Any history of water in the basement?
Bottom line
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. AI-assisted summary
What the records say
Where each number comes from
| Property tax / yr Listinglisting, tax year 2025. 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. | $2,052 |
| Insurance / yr Estimateestimate. from units, square feet and age; get a quote | $2,597 |
| 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. built 1915: +1 pt capital reserve | 8% / 9% |
Price history Realtor.com
On the market since 2025-11-28 (311 days); down $10,000 (6.3%) from the first ask of $159,900; last sold for $67,000 on 2003-01-20.
| Date | Event | Price |
|---|---|---|
| Price changed | $149,900 | |
| Listed | $159,900 | |
| Sold public record | $67,000 |
From the listing Listing
| Listed as | duplex up and down |
| Property tax, 2025 | $2,052 |
| County | Waseca |
| Parcel number | 173780120 |
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 Waseca on rental licensing before you buy.