2326 Bryant Ave N
Duplex · 2 units: 3 bed / 1 bath ×2 unit split estimated · 2,827 sq ft
Minneapolis, MN · Hawthorne · View the listing ↗
Photos courtesy of NRT-Minnesota (CB Burnet), via Realtor.com.
- Asking price
- $264,900 2 units · $132K per unit
- Monthly cash flow
- $851 at 20% down, 7%
- Estimated rent
- $4,050/mo medium confidence
- Break-even price
- $424,840 where cash flow hits $0
First look
This is a Minneapolis up/down duplex asking $264,900, about what the seller paid in 2022 ($260K), and it has sat 71 days. Our numbers look strong on paper (about $851/mo cash flow, 10.2% cap) but they lean on rent estimates of $2,025 per unit, and the only real rent in the listing is a past $1,900 for the upper. Interior photos show cosmetic updates (new flooring, paint, siding) over a 1904 building, so the bones and systems are the question. The Tier 2 rental license means more inspections, so get the violation history first. It's worth a showing if the rent roll and inspection history hold up.
Things to consider
- Rents are unverified Cash flow depends on the $2,025 estimate per unit, but only a past upper rent of $1,900 is cited. Underwriting at actual rents could look very different.Listing says: “The upper level unit rented for $1900 per month!”
- Tier 2 rental license More frequent inspections and repair orders can add cost and risk. Find out what drove the grade.
- Cosmetic remodel over a 1904 building New siding, paint and flooring don't tell you about the roof, wiring, plumbing or foundation. Get a full inspection.Listing says: “newly remodeled main floor and second floor duplex”
- Price is near the 2022 sale price and well below break-even The seller paid $260K in 2022 and the county values it near $251K, so the ask is fair but not a bargain. After 71 days there is room to negotiate.
- Separate utilities help expenses Tenants pay their own utilities, so owner costs are mostly taxes, insurance and repairs. Taxes are about $4,770 on non-homestead.Listing says: “separate utilities and convenient location within blocks to mass transit”
From the photos
Based on 10 of the listing photos. Photos can hide as much as they show; an inspection is the real answer.
Rents the listing states
- Upper: $1,900Listing says: The upper level unit rented for $1900 per month!
Condition and repairs
- doneMain and second floor remodelListing says: newly remodeled main floor and second floor duplex
- doneNew sidingListing says: New siding, new windows in several locations
- doneNew windows in several locations (not all)Listing says: new windows in several locations
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
- $264,900
- Cash to close
- $34,437
- Price per unit
- $132,450
- GRM
- 5.5
Each month
- Cash flow
- $526/mo
- Cash-on-cash
- 18.3%
- Cap rate
- 10.2%
- DSCR
- 1.30×
Break-even
- Price that breaks even
- $345,206
- Rent that breaks even
- $3,367/mo
Long run
- Year 30: property vs stocks
- $2.20M vs $262K
- Cash flow turns positive
- year 1
The deal
- Price
- $264,900
- Cash to close
- $34,437
- Price per unit
- $132,450
- GRM
- 5.5
Each month
- Cash flow
- $183/mo
- Cash-on-cash
- 6.4%
- Cap rate
- 8.7%
- DSCR
- 1.11×
Break-even
- Price that breaks even
- $292,898
- Rent that breaks even
- $3,782/mo
Long run
- Year 30: property vs stocks
- $1.67M vs $262K
- Cash flow turns positive
- year 1
The deal
- Price
- $254,900
- Cash to close
- $33,137
- Price per unit
- $127,450
- GRM
- 5.2
Each month
- Cash flow
- $592/mo
- Cash-on-cash
- 21.4%
- Cap rate
- 10.6%
- DSCR
- 1.35×
Break-even
- Price that breaks even
- $345,206
- Rent that breaks even
- $3,282/mo
Long run
- Year 30: property vs stocks
- $2.25M vs $252K
- Cash flow turns positive
- year 1
The deal
- Price
- $254,900
- Cash to close
- $33,137
- Price per unit
- $127,450
- GRM
- 5.2
Each month
- Cash flow
- $249/mo
- Cash-on-cash
- 9.0%
- Cap rate
- 9.0%
- DSCR
- 1.15×
Break-even
- Price that breaks even
- $292,898
- Rent that breaks even
- $3,687/mo
Long run
- Year 30: property vs stocks
- $1.71M vs $252K
- Cash flow turns positive
- year 1
The deal
- Price
- $264,900
- Cash to close
- $60,927
- Price per unit
- $132,450
- GRM
- 5.5
Each month
- Cash flow
- $851/mo
- Cash-on-cash
- 16.8%
- Cap rate
- 10.2%
- DSCR
- 1.60×
Break-even
- Price that breaks even
- $424,840
- Rent that breaks even
- $2,944/mo
Long run
- Year 30: property vs stocks
- $2.44M vs $464K
- Cash flow turns positive
- year 1
The deal
- Price
- $264,900
- Cash to close
- $60,927
- Price per unit
- $132,450
- GRM
- 5.5
Each month
- Cash flow
- $509/mo
- Cash-on-cash
- 10.0%
- Cap rate
- 8.7%
- DSCR
- 1.36×
Break-even
- Price that breaks even
- $360,465
- Rent that breaks even
- $3,308/mo
Long run
- Year 30: property vs stocks
- $1.91M vs $464K
- Cash flow turns positive
- year 1
The deal
- Price
- $254,900
- Cash to close
- $58,627
- Price per unit
- $127,450
- GRM
- 5.2
Each month
- Cash flow
- $904/mo
- Cash-on-cash
- 18.5%
- Cap rate
- 10.6%
- DSCR
- 1.67×
Break-even
- Price that breaks even
- $424,840
- Rent that breaks even
- $2,875/mo
Long run
- Year 30: property vs stocks
- $2.48M vs $446K
- Cash flow turns positive
- year 1
The deal
- Price
- $254,900
- Cash to close
- $58,627
- Price per unit
- $127,450
- GRM
- 5.2
Each month
- Cash flow
- $562/mo
- Cash-on-cash
- 11.5%
- Cap rate
- 9.0%
- DSCR
- 1.41×
Break-even
- Price that breaks even
- $360,465
- Rent that breaks even
- $3,230/mo
Long run
- Year 30: property vs stocks
- $1.95M vs $446K
- Cash flow turns positive
- year 1
The deal
- Price
- $264,900
- Cash to close
- $74,172
- Price per unit
- $132,450
- GRM
- 5.5
Each month
- Cash flow
- $939/mo
- Cash-on-cash
- 15.2%
- Cap rate
- 10.2%
- DSCR
- 1.71×
Break-even
- Price that breaks even
- $453,163
- Rent that breaks even
- $2,830/mo
Long run
- Year 30: property vs stocks
- $2.54M vs $565K
- Cash flow turns positive
- year 1
The deal
- Price
- $264,900
- Cash to close
- $74,172
- Price per unit
- $132,450
- GRM
- 5.5
Each month
- Cash flow
- $597/mo
- Cash-on-cash
- 9.7%
- Cap rate
- 8.7%
- DSCR
- 1.45×
Break-even
- Price that breaks even
- $384,496
- Rent that breaks even
- $3,179/mo
Long run
- Year 30: property vs stocks
- $2.01M vs $565K
- Cash flow turns positive
- year 1
The deal
- Price
- $254,900
- Cash to close
- $71,372
- Price per unit
- $127,450
- GRM
- 5.2
Each month
- Cash flow
- $989/mo
- Cash-on-cash
- 16.6%
- Cap rate
- 10.6%
- DSCR
- 1.78×
Break-even
- Price that breaks even
- $453,163
- Rent that breaks even
- $2,765/mo
Long run
- Year 30: property vs stocks
- $2.58M vs $543K
- Cash flow turns positive
- year 1
The deal
- Price
- $254,900
- Cash to close
- $71,372
- Price per unit
- $127,450
- GRM
- 5.2
Each month
- Cash flow
- $647/mo
- Cash-on-cash
- 10.9%
- Cap rate
- 9.0%
- DSCR
- 1.51×
Break-even
- Price that breaks even
- $384,496
- Rent that breaks even
- $3,107/mo
Long run
- Year 30: property vs stocks
- $2.05M vs $543K
- Cash flow turns positive
- year 1
Monthly
Monthly breakdown
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Public record | −$398 |
| Insurance Estimate | −$230 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$324 |
| Capital reserve (9% of rent) | −$364 |
| Net operating income | $2,261 |
| Mortgage (principal + interest) | −$1,586 |
| PMI | −$149 |
| Cash flow | $526 |
| Principal paid down (equity, not cash) | $202 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Public record | −$398 |
| Insurance Estimate | −$230 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$324 |
| Capital reserve (9% of rent) | −$364 |
| Property management | −$343 |
| Net operating income | $1,919 |
| Mortgage (principal + interest) | −$1,586 |
| PMI | −$149 |
| Cash flow | $183 |
| Principal paid down (equity, not cash) | $202 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Public record | −$398 |
| Insurance Estimate | −$230 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$324 |
| Capital reserve (9% of rent) | −$364 |
| Net operating income | $2,261 |
| Mortgage (principal + interest) | −$1,526 |
| PMI | −$143 |
| Cash flow | $592 |
| Principal paid down (equity, not cash) | $194 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Public record | −$398 |
| Insurance Estimate | −$230 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$324 |
| Capital reserve (9% of rent) | −$364 |
| Property management | −$343 |
| Net operating income | $1,919 |
| Mortgage (principal + interest) | −$1,526 |
| PMI | −$143 |
| Cash flow | $249 |
| Principal paid down (equity, not cash) | $194 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Public record | −$398 |
| Insurance Estimate | −$230 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$324 |
| Capital reserve (9% of rent) | −$364 |
| Net operating income | $2,261 |
| Mortgage (principal + interest) | −$1,410 |
| Cash flow | $851 |
| Principal paid down (equity, not cash) | $179 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Public record | −$398 |
| Insurance Estimate | −$230 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$324 |
| Capital reserve (9% of rent) | −$364 |
| Property management | −$343 |
| Net operating income | $1,919 |
| Mortgage (principal + interest) | −$1,410 |
| Cash flow | $509 |
| Principal paid down (equity, not cash) | $179 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Public record | −$398 |
| Insurance Estimate | −$230 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$324 |
| Capital reserve (9% of rent) | −$364 |
| Net operating income | $2,261 |
| Mortgage (principal + interest) | −$1,357 |
| Cash flow | $904 |
| Principal paid down (equity, not cash) | $173 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Public record | −$398 |
| Insurance Estimate | −$230 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$324 |
| Capital reserve (9% of rent) | −$364 |
| Property management | −$343 |
| Net operating income | $1,919 |
| Mortgage (principal + interest) | −$1,357 |
| Cash flow | $562 |
| Principal paid down (equity, not cash) | $173 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Public record | −$398 |
| Insurance Estimate | −$230 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$324 |
| Capital reserve (9% of rent) | −$364 |
| Net operating income | $2,261 |
| Mortgage (principal + interest) | −$1,322 |
| Cash flow | $939 |
| Principal paid down (equity, not cash) | $168 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Public record | −$398 |
| Insurance Estimate | −$230 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$324 |
| Capital reserve (9% of rent) | −$364 |
| Property management | −$343 |
| Net operating income | $1,919 |
| Mortgage (principal + interest) | −$1,322 |
| Cash flow | $597 |
| Principal paid down (equity, not cash) | $168 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Public record | −$398 |
| Insurance Estimate | −$230 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$324 |
| Capital reserve (9% of rent) | −$364 |
| Net operating income | $2,261 |
| Mortgage (principal + interest) | −$1,272 |
| Cash flow | $989 |
| Principal paid down (equity, not cash) | $162 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Public record | −$398 |
| Insurance Estimate | −$230 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$324 |
| Capital reserve (9% of rent) | −$364 |
| Property management | −$343 |
| Net operating income | $1,919 |
| Mortgage (principal + interest) | −$1,272 |
| Cash flow | $647 |
| Principal paid down (equity, not cash) | $162 |
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
- $604,403
- Rental profits, invested at 7%
- $1,594,255
Sells for $642,982 (value up 3% a year), minus 6% selling cost ($38,579). Rent paid down $238,410 of loan.
$671,114 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $262,143
$34,437 put into an index fund instead of the down payment and closing costs.
The building comes out $1,936,515 ahead after 30 years.
- Your equity when you sell
- $604,403
- Rental profits, invested at 7%
- $1,061,295
Sells for $642,982 (value up 3% a year), minus 6% selling cost ($38,579). Rent paid down $238,410 of loan.
$475,504 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $262,143
$34,437 put into an index fund instead of the down payment and closing costs.
The building comes out $1,403,555 ahead after 30 years.
- Your equity when you sell
- $581,586
- Rental profits, invested at 7%
- $1,663,868
Sells for $618,709 (value up 3% a year), minus 6% selling cost ($37,123). Rent paid down $229,410 of loan.
$692,939 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $252,247
$33,137 put into an index fund instead of the down payment and closing costs.
The building comes out $1,993,208 ahead after 30 years.
- Your equity when you sell
- $581,586
- Rental profits, invested at 7%
- $1,130,908
Sells for $618,709 (value up 3% a year), minus 6% selling cost ($37,123). Rent paid down $229,410 of loan.
$497,330 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $252,247
$33,137 put into an index fund instead of the down payment and closing costs.
The building comes out $1,460,248 ahead after 30 years.
- Your equity when you sell
- $604,403
- Rental profits, invested at 7%
- $1,840,131
Sells for $642,982 (value up 3% a year), minus 6% selling cost ($38,579). Rent paid down $211,920 of loan.
$741,712 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $463,792
$60,927 put into an index fund instead of the down payment and closing costs.
The building comes out $1,980,742 ahead after 30 years.
- Your equity when you sell
- $604,403
- Rental profits, invested at 7%
- $1,307,171
Sells for $642,982 (value up 3% a year), minus 6% selling cost ($38,579). Rent paid down $211,920 of loan.
$546,103 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $463,792
$60,927 put into an index fund instead of the down payment and closing costs.
The building comes out $1,447,782 ahead after 30 years.
- Your equity when you sell
- $581,586
- Rental profits, invested at 7%
- $1,900,462
Sells for $618,709 (value up 3% a year), minus 6% selling cost ($37,123). Rent paid down $203,920 of loan.
$760,872 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $446,284
$58,627 put into an index fund instead of the down payment and closing costs.
The building comes out $2,035,765 ahead after 30 years.
- Your equity when you sell
- $581,586
- Rental profits, invested at 7%
- $1,367,502
Sells for $618,709 (value up 3% a year), minus 6% selling cost ($37,123). Rent paid down $203,920 of loan.
$565,263 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $446,284
$58,627 put into an index fund instead of the down payment and closing costs.
The building comes out $1,502,805 ahead after 30 years.
- Your equity when you sell
- $604,403
- Rental profits, invested at 7%
- $1,940,017
Sells for $642,982 (value up 3% a year), minus 6% selling cost ($38,579). Rent paid down $198,675 of loan.
$773,435 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $564,616
$74,172 put into an index fund instead of the down payment and closing costs.
The building comes out $1,979,804 ahead after 30 years.
- Your equity when you sell
- $604,403
- Rental profits, invested at 7%
- $1,407,057
Sells for $642,982 (value up 3% a year), minus 6% selling cost ($38,579). Rent paid down $198,675 of loan.
$577,826 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $564,616
$74,172 put into an index fund instead of the down payment and closing costs.
The building comes out $1,446,844 ahead after 30 years.
- Your equity when you sell
- $581,586
- Rental profits, invested at 7%
- $1,996,577
Sells for $618,709 (value up 3% a year), minus 6% selling cost ($37,123). Rent paid down $191,175 of loan.
$791,398 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $543,302
$71,372 put into an index fund instead of the down payment and closing costs.
The building comes out $2,034,862 ahead after 30 years.
- Your equity when you sell
- $581,586
- Rental profits, invested at 7%
- $1,463,617
Sells for $618,709 (value up 3% a year), minus 6% selling cost ($37,123). Rent paid down $191,175 of loan.
$595,789 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $543,302
$71,372 put into an index fund instead of the down payment and closing costs.
The building comes out $1,501,902 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 $2.20M, stocks $262K. The property wins.
Year 30 (loan paid off): property $1.67M, stocks $262K. The property wins.
Year 30 (loan paid off): property $2.25M, stocks $252K. The property wins.
Year 30 (loan paid off): property $1.71M, stocks $252K. The property wins.
Year 30 (loan paid off): property $2.44M, stocks $464K. The property wins.
Year 30 (loan paid off): property $1.91M, stocks $464K. The property wins.
Year 30 (loan paid off): property $2.48M, stocks $446K. The property wins.
Year 30 (loan paid off): property $1.95M, stocks $446K. The property wins.
Year 30 (loan paid off): property $2.54M, stocks $565K. The property wins.
Year 30 (loan paid off): property $2.01M, stocks $565K. The property wins.
Year 30 (loan paid off): property $2.58M, stocks $543K. The property wins.
Year 30 (loan paid off): property $2.05M, stocks $543K. The property wins.
Comparable rentals
Nearby rentals RentCast matched to each unit type, as of 2026-10-02. The estimate above is RentCast's, weighted toward the closest matches.
3 bed / 1 bath estimate $2,025/mo · range $1,875–$2,175
| Address | Rent | Bd / Ba | Distance | Match |
|---|---|---|---|---|
| 2620 Emerson Ave N, Unit 2, Minneapolis 55411 off market | $1,900 | 3 / 1 | 0.3 mi | 94% |
| 1500 W Broadway Ave, Unit 2, Minneapolis 55411 off market | $1,700 | 3 / 1 | 0.5 mi | 93% |
| 1500 W Broadway Ave, Unit 3, Minneapolis 55411 off market | $1,700 | 3 / 1 | 0.5 mi | 93% |
| 1823 Girard Ave N, Minneapolis 55411 off market | $1,650 | 3 / 1 | 0.5 mi | 93% |
| 3118 Morgan Ave N, Minneapolis 55411 off market | $1,900 | 3 / 1 | 0.9 mi | 93% |
| 1616 Emerson Ave N, Minneapolis 55411 off market | $1,648 | 3 / 1 | 0.6 mi | 89% |
| 816 21st Ave N, Apt 226, Minneapolis 55411 | $2,065 | 3 / 1 | 0.2 mi | 88% |
| 816 21st Ave N, Apt 107, Minneapolis 55411 | $1,788 | 3 / 1 | 0.2 mi | 88% |
| 816 21st Ave N, Apt 336, Minneapolis 55411 | $2,065 | 3 / 1 | 0.2 mi | 88% |
| 816 21st Ave N, Apt 335, Minneapolis 55411 | $2,065 | 3 / 1 | 0.2 mi | 88% |
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
- highRent is described in the past tense; current occupancy and rent are unclear Listing says: The upper level unit rented for $1900 per month! · AI review
- mediumRental license Tier 2: the city has flagged more violations than typical; expect more frequent inspections and repair orders. Public record: Minneapolis Active Rental Licenses: 2326 BRYANT AVE N, grade/tier=Tier 2, status=Active
- mediumWindows replaced only in some places; others may be original Listing says: new windows in several locations · AI review
- mediumListing is vague on systems (roof, furnace, electrical, plumbing) despite 'remodeled' claim Listing says: newly remodeled main floor and second floor duplex · AI review
Opportunities
- Long time on market: room to negotiate. Based on: Listing data: 74 days on market, 2 price cuts
- Separate utilities means tenants carry their own bills, keeping owner expenses low Listing says: separate utilities and convenient location within blocks to mass transit · AI review
- Two-car garage with concrete pad is a plus for tenant appeal and possible garage rent Listing says: two car garage with an excellent concrete pad · AI review
- No rent cap in Minneapolis, and 71 days on market gives room to negotiate Based on: data: underwriting.rent_rule · AI review
Questions for the agent
- What are the current rents, lease terms and move-in dates for both units? Is either vacant?
- Can I see the rental license inspection history and any open violation or repair orders behind the Tier 2 grade?
- What permits were pulled for the remodel, and who did the work?
- How old are the roof, furnace, water heaters and electrical panels? Which windows are still original?
- Are the units separately metered for gas and electric, and is there any shared meter or heat?
- Why has it been on the market 71 days, and has the price changed?
Bottom line
Numbers look good if the rents are real, but the Tier 2 license, cosmetic-looking remodel and vague rent history mean verify before you get excited. AI-assisted summary
What the records say
Where each number comes from
| Property tax / yr Public recordHennepin County record, current payable year (non-homestead) | $4,770 |
| Insurance / yr Estimateestimate. from units, square feet and age; get a quote | $2,757 |
| 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 1904: +1 pt capital reserve | 8% / 9% |
Price history Realtor.com
On the market since 2026-04-29 (159 days); down $55,000 (17.2%) from the first ask of $319,900; last sold for $260,000 on 2022-07-22.
| Date | Event | Price |
|---|---|---|
| Price changed | $264,900 | |
| Price changed | $279,900 | |
| Listed | $289,900 | |
| Removed | $299,000 | |
| Removed | $329,900 | |
| Price changed | $299,000 | |
| Listed | $319,900 | |
| Removed | — | |
| Listed | $299,900 | |
| Sold | $260,000 | |
| Price changed | $299,900 | |
| Listed | $324,900 | |
| Sold public record | $105,000 | |
| Sold public record | $70,000 | |
| Sold public record | $21,113 | |
| Sold public record | $53,560 |
County record Public record
| Recorded as | duplex |
| Living units | 2 |
| Year built | 1904 |
| Market value (2026) | $251,200 |
| Property tax | $4,770 |
| Special assessments | none |
| Homestead | no |
| Last sale | 2022-07-01 · $260,000 |
Source: Hennepin County parcel records.
City rental license
CHOWN: 2 unit(s), Tier 2, status active, renews 2027-03-01.
Nearest highway
I 94, about 614 m away.
Crime in Hawthorne
445 incidents in the last 12 months (79 per 1,000 residents), −1% vs. the year before. Minneapolis police incidents, all reported offenses (definitions differ from St. Paul's, so don't compare across cities).