2174 8th St
Duplex · 2 units: 2 bed / 1 bath and 1 bed / 1 bath unit split estimated · 1,284 sq ft
White Bear Lake, MN · View the listing ↗
Photos courtesy of Edina Realty, Inc., via Realtor.com.
- Asking price
- $275,000 2 units · $138K per unit
- Monthly cash flow
- −$74 at 20% down, 7%
- Break-even price
- $261,158 where cash flow hits $0
First look
This is a small 1889 up/down in White Bear Lake, asking $275K with 52 days on market. Our underwriting at the ask shows about -$74/month cash flow with 20% down and a 6.1% cap rate, and break-even is about $261K, so it doesn't work at today's rates without a modest price cut. The description gives no rents, no lease terms, no utility split and no system ages, so the first job is getting the rent roll and checking how heat and electric are metered. The photos show cosmetic flooring and paint over original-era bones, so budget for a real inspection of the foundation, wiring and heating. It's worth a showing only if the seller will move toward the break-even price or the rents come in at or above our estimates.
Things to consider
- Cash flow is negative at the asking price Our underwriting shows -$74/month and break-even near $261K, so the price needs to come down or rents need to beat our estimates.
- Income is unverified With no stated rents, you can't tell if the building is occupied or what it earns. Our estimates run about $1,425 for the 2-bed and $1,300 for the 1-bed.
- Taxes and unit count are unverified We couldn't match a county parcel, so tax is a guess. Non-homestead taxes could be much higher than an owner-occupant bill.
- Old building with cosmetic updates only New flooring and paint can hide age. Foundation, wiring and plumbing on an 1889 house can mean large repair bills.
- Mixed unit sizes with a small upper unit A 1-bed upper and 2-bed lower should rent steadily, but the 1-bed likely turns over more often.Listing says: “The upper-level unit is a true one-bedroom offering a living room, efficiency kitchen, full bathroom”
- Owner-occupy angle could change the math Living in one unit can improve financing and cash flow, but compare the rent saved against our investor numbers.Listing says: “the opportunity to owner-occupy while generating rental income”
From the photos
Based on 10 of the listing photos. Photos can hide as much as they show; an inspection is the real answer.
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
- $275,000
- Cash to close
- $35,750
- Price per unit
- $137,500
- GRM
- 8.4
Each month
- Cash flow
- −$411/mo
- Cash-on-cash
- −13.8%
- Cap rate
- 6.1%
- DSCR
- 0.77×
Break-even
- Price that breaks even
- $212,205
- Rent that breaks even
- $3,259/mo
Long run
- Year 30: property vs stocks
- $931K vs $393K
- Cash flow turns positive
- year 8
The deal
- Price
- $275,000
- Cash to close
- $35,750
- Price per unit
- $137,500
- GRM
- 8.4
Each month
- Cash flow
- −$642/mo
- Cash-on-cash
- −21.5%
- Cap rate
- 5.1%
- DSCR
- 0.64×
Break-even
- Price that breaks even
- $177,010
- Rent that breaks even
- $3,661/mo
Long run
- Year 30: property vs stocks
- $740K vs $560K
- Cash flow turns positive
- year 15
The deal
- Price
- $265,000
- Cash to close
- $34,450
- Price per unit
- $132,500
- GRM
- 8.1
Each month
- Cash flow
- −$346/mo
- Cash-on-cash
- −12.0%
- Cap rate
- 6.3%
- DSCR
- 0.80×
Break-even
- Price that breaks even
- $212,205
- Rent that breaks even
- $3,174/mo
Long run
- Year 30: property vs stocks
- $949K vs $355K
- Cash flow turns positive
- year 6
The deal
- Price
- $265,000
- Cash to close
- $34,450
- Price per unit
- $132,500
- GRM
- 8.1
Each month
- Cash flow
- −$576/mo
- Cash-on-cash
- −20.1%
- Cap rate
- 5.3%
- DSCR
- 0.67×
Break-even
- Price that breaks even
- $177,010
- Rent that breaks even
- $3,566/mo
Long run
- Year 30: property vs stocks
- $739K vs $503K
- Cash flow turns positive
- year 13
The deal
- Price
- $275,000
- Cash to close
- $63,250
- Price per unit
- $137,500
- GRM
- 8.4
Each month
- Cash flow
- −$74/mo
- Cash-on-cash
- −1.4%
- Cap rate
- 6.1%
- DSCR
- 0.95×
Break-even
- Price that breaks even
- $261,158
- Rent that breaks even
- $2,821/mo
Long run
- Year 30: property vs stocks
- $1.07M vs $491K
- Cash flow turns positive
- year 3
The deal
- Price
- $275,000
- Cash to close
- $63,250
- Price per unit
- $137,500
- GRM
- 8.4
Each month
- Cash flow
- −$304/mo
- Cash-on-cash
- −5.8%
- Cap rate
- 5.1%
- DSCR
- 0.79×
Break-even
- Price that breaks even
- $217,844
- Rent that breaks even
- $3,169/mo
Long run
- Year 30: property vs stocks
- $818K vs $593K
- Cash flow turns positive
- year 10
The deal
- Price
- $265,000
- Cash to close
- $60,950
- Price per unit
- $132,500
- GRM
- 8.1
Each month
- Cash flow
- −$20/mo
- Cash-on-cash
- −0.4%
- Cap rate
- 6.3%
- DSCR
- 0.99×
Break-even
- Price that breaks even
- $261,158
- Rent that breaks even
- $2,752/mo
Long run
- Year 30: property vs stocks
- $1.10M vs $466K
- Cash flow turns positive
- year 2
The deal
- Price
- $265,000
- Cash to close
- $60,950
- Price per unit
- $132,500
- GRM
- 8.1
Each month
- Cash flow
- −$251/mo
- Cash-on-cash
- −4.9%
- Cap rate
- 5.3%
- DSCR
- 0.82×
Break-even
- Price that breaks even
- $217,844
- Rent that breaks even
- $3,091/mo
Long run
- Year 30: property vs stocks
- $825K vs $545K
- Cash flow turns positive
- year 9
The deal
- Price
- $275,000
- Cash to close
- $77,000
- Price per unit
- $137,500
- GRM
- 8.4
Each month
- Cash flow
- $18/mo
- Cash-on-cash
- 0.3%
- Cap rate
- 6.1%
- DSCR
- 1.01×
Break-even
- Price that breaks even
- $278,568
- Rent that breaks even
- $2,702/mo
Long run
- Year 30: property vs stocks
- $1.17M vs $586K
- Cash flow turns positive
- year 1
The deal
- Price
- $275,000
- Cash to close
- $77,000
- Price per unit
- $137,500
- GRM
- 8.4
Each month
- Cash flow
- −$213/mo
- Cash-on-cash
- −3.3%
- Cap rate
- 5.1%
- DSCR
- 0.84×
Break-even
- Price that breaks even
- $232,367
- Rent that breaks even
- $3,035/mo
Long run
- Year 30: property vs stocks
- $871K vs $647K
- Cash flow turns positive
- year 8
The deal
- Price
- $265,000
- Cash to close
- $74,200
- Price per unit
- $132,500
- GRM
- 8.1
Each month
- Cash flow
- $68/mo
- Cash-on-cash
- 1.1%
- Cap rate
- 6.3%
- DSCR
- 1.05×
Break-even
- Price that breaks even
- $278,568
- Rent that breaks even
- $2,637/mo
Long run
- Year 30: property vs stocks
- $1.20M vs $565K
- Cash flow turns positive
- year 1
The deal
- Price
- $265,000
- Cash to close
- $74,200
- Price per unit
- $132,500
- GRM
- 8.1
Each month
- Cash flow
- −$163/mo
- Cash-on-cash
- −2.6%
- Cap rate
- 5.3%
- DSCR
- 0.88×
Break-even
- Price that breaks even
- $232,367
- Rent that breaks even
- $2,963/mo
Long run
- Year 30: property vs stocks
- $883K vs $603K
- Cash flow turns positive
- year 6
Monthly
Monthly breakdown
| Rent | $2,725 |
| Vacancy (6%) | −$164 |
| Collected | $2,562 |
| Property tax Listing | −$284 |
| Insurance Estimate | −$194 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$218 |
| Capital reserve (9% of rent) | −$245 |
| Net operating income | $1,390 |
| Mortgage (principal + interest) | −$1,647 |
| PMI | −$155 |
| Cash flow | −$411 |
| Principal paid down (equity, not cash) | $210 |
| Rent | $2,725 |
| Vacancy (6%) | −$164 |
| Collected | $2,562 |
| Property tax Listing | −$284 |
| Insurance Estimate | −$194 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$218 |
| Capital reserve (9% of rent) | −$245 |
| Property management | −$231 |
| Net operating income | $1,159 |
| Mortgage (principal + interest) | −$1,647 |
| PMI | −$155 |
| Cash flow | −$642 |
| Principal paid down (equity, not cash) | $210 |
| Rent | $2,725 |
| Vacancy (6%) | −$164 |
| Collected | $2,562 |
| Property tax Listing | −$284 |
| Insurance Estimate | −$194 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$218 |
| Capital reserve (9% of rent) | −$245 |
| Net operating income | $1,390 |
| Mortgage (principal + interest) | −$1,587 |
| PMI | −$149 |
| Cash flow | −$346 |
| Principal paid down (equity, not cash) | $202 |
| Rent | $2,725 |
| Vacancy (6%) | −$164 |
| Collected | $2,562 |
| Property tax Listing | −$284 |
| Insurance Estimate | −$194 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$218 |
| Capital reserve (9% of rent) | −$245 |
| Property management | −$231 |
| Net operating income | $1,159 |
| Mortgage (principal + interest) | −$1,587 |
| PMI | −$149 |
| Cash flow | −$576 |
| Principal paid down (equity, not cash) | $202 |
| Rent | $2,725 |
| Vacancy (6%) | −$164 |
| Collected | $2,562 |
| Property tax Listing | −$284 |
| Insurance Estimate | −$194 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$218 |
| Capital reserve (9% of rent) | −$245 |
| Net operating income | $1,390 |
| Mortgage (principal + interest) | −$1,464 |
| Cash flow | −$74 |
| Principal paid down (equity, not cash) | $186 |
| Rent | $2,725 |
| Vacancy (6%) | −$164 |
| Collected | $2,562 |
| Property tax Listing | −$284 |
| Insurance Estimate | −$194 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$218 |
| Capital reserve (9% of rent) | −$245 |
| Property management | −$231 |
| Net operating income | $1,159 |
| Mortgage (principal + interest) | −$1,464 |
| Cash flow | −$304 |
| Principal paid down (equity, not cash) | $186 |
| Rent | $2,725 |
| Vacancy (6%) | −$164 |
| Collected | $2,562 |
| Property tax Listing | −$284 |
| Insurance Estimate | −$194 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$218 |
| Capital reserve (9% of rent) | −$245 |
| Net operating income | $1,390 |
| Mortgage (principal + interest) | −$1,410 |
| Cash flow | −$20 |
| Principal paid down (equity, not cash) | $179 |
| Rent | $2,725 |
| Vacancy (6%) | −$164 |
| Collected | $2,562 |
| Property tax Listing | −$284 |
| Insurance Estimate | −$194 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$218 |
| Capital reserve (9% of rent) | −$245 |
| Property management | −$231 |
| Net operating income | $1,159 |
| Mortgage (principal + interest) | −$1,410 |
| Cash flow | −$251 |
| Principal paid down (equity, not cash) | $179 |
| Rent | $2,725 |
| Vacancy (6%) | −$164 |
| Collected | $2,562 |
| Property tax Listing | −$284 |
| Insurance Estimate | −$194 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$218 |
| Capital reserve (9% of rent) | −$245 |
| Net operating income | $1,390 |
| Mortgage (principal + interest) | −$1,372 |
| Cash flow | $18 |
| Principal paid down (equity, not cash) | $175 |
| Rent | $2,725 |
| Vacancy (6%) | −$164 |
| Collected | $2,562 |
| Property tax Listing | −$284 |
| Insurance Estimate | −$194 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$218 |
| Capital reserve (9% of rent) | −$245 |
| Property management | −$231 |
| Net operating income | $1,159 |
| Mortgage (principal + interest) | −$1,372 |
| Cash flow | −$213 |
| Principal paid down (equity, not cash) | $175 |
| Rent | $2,725 |
| Vacancy (6%) | −$164 |
| Collected | $2,562 |
| Property tax Listing | −$284 |
| Insurance Estimate | −$194 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$218 |
| Capital reserve (9% of rent) | −$245 |
| Net operating income | $1,390 |
| Mortgage (principal + interest) | −$1,322 |
| Cash flow | $68 |
| Principal paid down (equity, not cash) | $168 |
| Rent | $2,725 |
| Vacancy (6%) | −$164 |
| Collected | $2,562 |
| Property tax Listing | −$284 |
| Insurance Estimate | −$194 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$218 |
| Capital reserve (9% of rent) | −$245 |
| Property management | −$231 |
| Net operating income | $1,159 |
| Mortgage (principal + interest) | −$1,322 |
| Cash flow | −$163 |
| Principal paid down (equity, not cash) | $168 |
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
- $627,447
- Rental profits, invested at 7%
- $303,221
Sells for $667,497 (value up 3% a year), minus 6% selling cost ($40,050). Rent paid down $247,500 of loan.
$177,872 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $272,138
- Monthly shortfalls, invested
- $120,674
$35,750 put into an index fund instead of the down payment and closing costs.
$18,926 you'd have paid in while the building lost money, invested instead.
The building comes out $537,857 ahead after 30 years.
- Your equity when you sell
- $627,447
- Rental profits, invested at 7%
- $112,122
Sells for $667,497 (value up 3% a year), minus 6% selling cost ($40,050). Rent paid down $247,500 of loan.
$78,680 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $272,138
- Monthly shortfalls, invested
- $288,172
$35,750 put into an index fund instead of the down payment and closing costs.
$51,348 you'd have paid in while the building lost money, invested instead.
The building comes out $179,260 ahead after 30 years.
- Your equity when you sell
- $604,632
- Rental profits, invested at 7%
- $344,624
Sells for $643,225 (value up 3% a year), minus 6% selling cost ($38,593). Rent paid down $238,500 of loan.
$195,029 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $262,242
- Monthly shortfalls, invested
- $92,464
$34,450 put into an index fund instead of the down payment and closing costs.
$14,257 you'd have paid in while the building lost money, invested instead.
The building comes out $594,549 ahead after 30 years.
- Your equity when you sell
- $604,632
- Rental profits, invested at 7%
- $134,100
Sells for $643,225 (value up 3% a year), minus 6% selling cost ($38,593). Rent paid down $238,500 of loan.
$90,828 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $262,242
- Monthly shortfalls, invested
- $240,536
$34,450 put into an index fund instead of the down payment and closing costs.
$41,670 you'd have paid in while the building lost money, invested instead.
The building comes out $235,953 ahead after 30 years.
- Your equity when you sell
- $627,447
- Rental profits, invested at 7%
- $446,921
Sells for $667,497 (value up 3% a year), minus 6% selling cost ($40,050). Rent paid down $220,000 of loan.
$233,546 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $481,475
- Monthly shortfalls, invested
- $9,123
$63,250 put into an index fund instead of the down payment and closing costs.
$1,310 you'd have paid in while the building lost money, invested instead.
The building comes out $583,771 ahead after 30 years.
- Your equity when you sell
- $627,447
- Rental profits, invested at 7%
- $190,295
Sells for $667,497 (value up 3% a year), minus 6% selling cost ($40,050). Rent paid down $220,000 of loan.
$119,129 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $481,475
- Monthly shortfalls, invested
- $111,094
$63,250 put into an index fund instead of the down payment and closing costs.
$18,507 you'd have paid in while the building lost money, invested instead.
The building comes out $225,174 ahead after 30 years.
- Your equity when you sell
- $604,632
- Rental profits, invested at 7%
- $499,875
Sells for $643,225 (value up 3% a year), minus 6% selling cost ($38,593). Rent paid down $212,000 of loan.
$251,642 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $463,967
- Monthly shortfalls, invested
- $1,746
$60,950 put into an index fund instead of the down payment and closing costs.
$245 you'd have paid in while the building lost money, invested instead.
The building comes out $638,793 ahead after 30 years.
- Your equity when you sell
- $604,632
- Rental profits, invested at 7%
- $220,087
Sells for $643,225 (value up 3% a year), minus 6% selling cost ($38,593). Rent paid down $212,000 of loan.
$132,816 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $463,967
- Monthly shortfalls, invested
- $80,554
$60,950 put into an index fund instead of the down payment and closing costs.
$13,033 you'd have paid in while the building lost money, invested instead.
The building comes out $280,197 ahead after 30 years.
- Your equity when you sell
- $627,447
- Rental profits, invested at 7%
- $541,492
Sells for $667,497 (value up 3% a year), minus 6% selling cost ($40,050). Rent paid down $206,250 of loan.
$265,168 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $586,144
$77,000 put into an index fund instead of the down payment and closing costs.
The building comes out $582,796 ahead after 30 years.
- Your equity when you sell
- $627,447
- Rental profits, invested at 7%
- $243,847
Sells for $667,497 (value up 3% a year), minus 6% selling cost ($40,050). Rent paid down $206,250 of loan.
$143,200 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $586,144
- Monthly shortfalls, invested
- $60,951
$77,000 put into an index fund instead of the down payment and closing costs.
$9,646 you'd have paid in while the building lost money, invested instead.
The building comes out $224,199 ahead after 30 years.
- Your equity when you sell
- $604,632
- Rental profits, invested at 7%
- $598,053
Sells for $643,225 (value up 3% a year), minus 6% selling cost ($38,593). Rent paid down $198,750 of loan.
$283,131 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $564,829
$74,200 put into an index fund instead of the down payment and closing costs.
The building comes out $637,855 ahead after 30 years.
- Your equity when you sell
- $604,632
- Rental profits, invested at 7%
- $278,066
Sells for $643,225 (value up 3% a year), minus 6% selling cost ($38,593). Rent paid down $198,750 of loan.
$157,440 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $564,829
- Monthly shortfalls, invested
- $38,609
$74,200 put into an index fund instead of the down payment and closing costs.
$5,922 you'd have paid in while the building lost money, invested instead.
The building comes out $279,258 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 $931K, stocks $393K. The property wins.
Year 30 (loan paid off): property $740K, stocks $560K. The property wins.
Year 30 (loan paid off): property $949K, stocks $355K. The property wins.
Year 30 (loan paid off): property $739K, stocks $503K. The property wins.
Year 30 (loan paid off): property $1.07M, stocks $491K. The property wins.
Year 30 (loan paid off): property $818K, stocks $593K. The property wins.
Year 30 (loan paid off): property $1.10M, stocks $466K. The property wins.
Year 30 (loan paid off): property $825K, stocks $545K. The property wins.
Year 30 (loan paid off): property $1.17M, stocks $586K. The property wins.
Year 30 (loan paid off): property $871K, stocks $647K. The property wins.
Year 30 (loan paid off): property $1.20M, stocks $565K. The property wins.
Year 30 (loan paid off): property $883K, stocks $603K. 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 $1,425/mo · range $1,375–$1,500 · 9 rentals within 2.75 mi
| Address | Rent | Bd / Ba | Distance |
|---|---|---|---|
| 1720 4th St, White Bear Lake | $1,311 | 2 / 1 | 1.0 mi |
| 1640 9th St, White Bear Lake | $1,395 | 2 / 1 | 1.1 mi |
| 2520 County Road F E, White Bear Lake | $1,430 | 2 / 1 | 1.9 mi |
| 4008 White Bear Ave Unit 1, White Bear Lake | $1,500 | 2 / 1 | 1.9 mi |
| 1880 Birch St, White Bear Lake | $1,260 | 2 / 1 | 2.1 mi |
| 1816 Birch St, White Bear Lake | $1,339 | 2 / 1 | 2.1 mi |
| 3908 Hoffman Rd, White Bear Lake | $1,190 | 2 / 1 | 2.3 mi |
| 1799 Cedar Ave, White Bear Lake | $1,325 | 2 / 1 | 2.3 mi |
| 3675 Highland Ave, White Bear Lake | $1,300 | 2 / 1 | 2.6 mi |
1 bed estimate $1,300/mo · range $1,175–$1,725 · 8 rentals within 3 mi
| Address | Rent | Bd / Ba | Distance |
|---|---|---|---|
| 4495 Lake Ave S, White Bear Lake | $1,795 | 1 / 1 | 1.0 mi |
| 1720 4th St, White Bear Lake | $1,209 | 1 / 1 | 1.0 mi |
| 2024 County Road F E, White Bear Lake | $950 | 1 / 1 | 1.7 mi |
| 2095 Dotte Dr, White Bear Lake | $1,199 | 1 / 1 | 1.8 mi |
| 1799 Cedar Ave, White Bear Lake | $1,075 | 1 / 1 | 2.3 mi |
| 3675 Highland Ave, White Bear Lake | $1,200 | 1 / 1 | 2.6 mi |
| 3600 Hoffman Rd, White Bear Lake | $1,530 | 1 / 1 | 2.8 mi |
| 4143 Centerville Rd, Vadnais Heights | $1,633 | 1 / 1 | 2.9 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
- highNo rents, lease terms or occupancy status given, so income is unverified Listing says: This up/down duplex offers a rare opportunity to own an income-producing property in the heart of the community. · AI review
- highPriced above our break-even; negative cash flow at the ask Based on: data: underwriting · 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 2174 8TH ST
- medium1889 build with no mention of electrical, plumbing or heating updates Based on: data: listing.year_built · AI review
- lowMarketed partly to owner-occupants, so it may be priced on house value rather than rent Listing says: the opportunity to owner-occupy while generating rental income · AI review
Opportunities
- Detached garage and large corner lot could support garage rent or storage income Listing says: a large detached garage, generous yard space · AI review
- Owner-occupy option: living in one unit lowers the effective cost and could allow owner-occupant financing Listing says: the opportunity to owner-occupy while generating rental income · AI review
- Separate laundry for each unit supports rentability Listing says: a back porch with private laundry · AI review
- 52 days on market gives room to negotiate toward break-even Based on: data: listing.days_on_market · AI review
Questions for the agent
- What are the current rents, lease end dates and is either unit vacant?
- How are heat, electric and water metered, and does the owner pay any?
- What is the age of the roof, furnace or boiler, water heater and electrical panel?
- What were last year's property taxes, and is the tax bill homestead or non-homestead?
- Is the upper unit licensed as a rental with the city, and are there any open violations?
- Has the price been cut, and why has it sat 52 days?
Bottom line
A charming small duplex in a good location, but at $275K it loses money by our numbers and the listing gives nothing to prove the income. 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. | $3,406 |
| Insurance / yr Estimateestimate. from units, square feet and age; get a quote | $2,333 |
| 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 1889: +1 pt capital reserve | 8% / 9% |
Price history Realtor.com
On the market since 2026-08-14 (52 days, relisted 1×); last sold for $212,000 on 2020-02-11; listed for rent at $895/mo on 2018-09-05.
| Date | Event | Price |
|---|---|---|
| Relisted | $275,000 | |
| Removed | $275,000 | |
| Listed | $275,000 | |
| Sold public record | $212,000 | |
| Rental removed | $895/mo | |
| Listed for rent | $895/mo | |
| Rental removed | $895/mo | |
| Rent changed | $895/mo | |
| Listed for rent | $995/mo | |
| Rental removed | $695/mo | |
| Listed for rent | $695/mo | |
| Rental removed | $695/mo | |
| Listed for rent | $695/mo | |
| Rental removed | $695/mo | |
| Listed for rent | $695/mo | |
| Rental removed | $650/mo | |
| Listed for rent | $650/mo | |
| Rental removed | $650/mo | |
| Rent changed | $650/mo | |
| Listed for rent | $695/mo | |
| Rental removed | $695/mo | |
| Listed for rent | $695/mo | |
| Sold | $77,000 | |
| Price changed | $79,900 | |
| Listed | $84,900 |
From the listing Listing
| Listed as | duplex up and down |
| Property tax, 2026 | $3,406 |
| County | Ramsey |
| Parcel number | 143022140072 |
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 White Bear Lake on rental licensing before you buy.