319 1st Ave NW
Rothsay, MN · View the listing ↗
Photos, via Realtor.com.
Needs more info before these numbers mean much. No reliable rent estimate: too few comparable rentals close by, and no RentCast estimate.
No rent estimate yet, so the numbers can't be run. Run it yourself in the calculator →
First look
Four identical 2-bed/1.5-bath townhouse-style units in Rothsay at $279K, about $70K per door. The listing gives no rents, no expenses and no tenant info, and FACTS has no rent estimate or county record, so the numbers can't be checked yet. Only three of four units are described as updated, and the photos show a mix of new and builder-era finishes, so find out which unit is not done and what it costs. Baseboard electric heat appears in the photos, so tenant-paid electric is likely, but confirm it. Get the rent roll, leases, trailing-12 expenses and tax bill before a showing. Small-town rent levels will decide whether this works at today's rates.
Things to consider
- No income data Without rents and expenses you cannot judge cash flow at $279K. Get the rent roll and 12 months of expenses first.Listing says: “This well-maintained and updated 4-plex”
- One unit still needs updating That unit may rent for less or need capital, so budget for it in the offer.Listing says: “Three of the four units have been fully updated”
- Roof is new A 2025 roof removes a big near-term cost, but ask for the invoice and warranty.Listing says: “a new roof was installed in 2025”
- Taxes and unit count are unverified The parcel did not match county records, so confirm the tax bill, unit count and any rental license rules.
- Electric baseboard heat It is costly to run. If tenants pay, it can limit rents; if the owner pays, it hurts cash flow.From photo 7
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
- doneNew roof installedListing says: a new roof was installed in 2025
- doneThree of four units fully updatedListing says: Three of the four units have been fully updated
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.
Red flags and opportunities
Watch for
- highNo rents, occupancy or lease terms are given, so income cannot be verified. Listing says: This well-maintained and updated 4-plex · 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 319 1ST AVE NW
- mediumOne unit is not updated; scope and cost unknown, and rents between units may differ. Listing says: Three of the four units have been fully updated · AI review
- mediumNo county rent estimate or underwriting is available; value and cash flow are unchecked. Based on: data: rent_estimate · AI review
Opportunities
- Update the remaining unit to match the others and bring its rent in line. Listing says: Three of the four units have been fully updated · AI review
- Identical layouts and private garages and laundry make units easy to manage and attractive to tenants. Listing says: four consistent 2-bedroom floor plans · AI review
Questions for the agent
- Can I see the rent roll, leases and lease end dates for all four units?
- Which unit is not updated, and what work is left?
- Who pays heat, electric, water, sewer and trash? Are meters separate?
- What are the trailing-12 expenses and the current tax bill?
- Are the unit's water heaters and baseboard heat original? What is the roof warranty?
- Why is the owner selling, and has the property had vacancy in the last two years?
Bottom line
Newer roof and identical 2-bed units look solid, but with no rents or expenses, this is not underwritable until you see the rent roll. AI-assisted summary
What the records say
Where each number comes from
Price history Realtor.com
On the market since 2026-09-10 (25 days).
| Date | Event | Price |
|---|---|---|
| Listed | $279,000 |
From the listing Listing
| Listed as | four plex |
| Property tax, 2026 | $3,878 |
| County | Wilkin |
| Parcel number | 294300220 |
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 Rothsay on rental licensing before you buy.