4135 W 124th St
Duplex · 2 units: 3 bed / 2 bath ×2 unit split estimated · 3,116 sq ft
Savage, MN · View the listing ↗
Photos, via Realtor.com.
- Asking price
- $550,000 2 units · $275K per unit
- Monthly cash flow
- −$515 at 20% down, 7%
- Break-even price
- $453,318 where cash flow hits $0
First look
The listing sells 'turn-key' and 'fully leased' but gives no rents, no lease terms and no utility info, so there is no income to verify yet. Our estimate is about $2,000 per side, and at $550K that runs about -$555/month with a 5.2% cap rate. Break-even is near $446K, roughly $104K below ask. Photos show clean cosmetic updates, but they skip the exterior, roof, mechanicals and electrical. Don't book a showing until you have the rent roll, leases, and taxes, since we couldn't match a county parcel.
Things to consider
- Numbers don't work at ask Our underwriting shows negative cash flow and a break-even price far below the $550K ask. Price would need to fall a lot.
- Income is unverified The listing says it's leased but states no rents. Without a rent roll and leases, you're underwriting on our estimates.Listing says: “now fully leased and generating immediate cash flow”
- Cosmetic updates may hide older systems Paint, floors and baths are visible. A 1960 building still needs roof, furnace, plumbing and electrical checks.
- Taxes and unit count are unverified No parcel match means taxes could differ from our assumptions, and the rental license status is unknown.
- Lower-level bedroom count may be overstated Six beds across two units depends on basement rooms having egress and closets. This affects rent and legality.From photo 7
From the photos
Based on 7 of the listing photos. Photos can hide as much as they show; an inspection is the real answer.
Condition and repairs
- doneFresh paint, new hardwood flooring, new carpet, updated light fixturesListing says: Recent upgrades across both sides include fresh custom paint, pristine new hardwood flooring, plush new carpet, updated light fixtures
- doneRemodeled bathrooms with new vanities, tile floors and tiled tub/shower surroundsListing says: fully remodeled bathrooms, featuring brand-new vanities, stylish tile floors, and custom tiled tub/shower surrounds
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
- $550,000
- Cash to close
- $71,500
- Price per unit
- $275,000
- GRM
- 11.3
Each month
- Cash flow
- −$1,190/mo
- Cash-on-cash
- −20.0%
- Cap rate
- 5.3%
- DSCR
- 0.67×
Break-even
- Price that breaks even
- $368,346
- Rent that breaks even
- $5,537/mo
Long run
- Year 30: property vs stocks
- $1.58M vs $1.02M
- Cash flow turns positive
- year 13
The deal
- Price
- $550,000
- Cash to close
- $71,500
- Price per unit
- $275,000
- GRM
- 11.3
Each month
- Cash flow
- −$1,533/mo
- Cash-on-cash
- −25.7%
- Cap rate
- 4.5%
- DSCR
- 0.57×
Break-even
- Price that breaks even
- $316,038
- Rent that breaks even
- $6,192/mo
Long run
- Year 30: property vs stocks
- $1.38M vs $1.35M
- Cash flow turns positive
- year 18
The deal
- Price
- $540,000
- Cash to close
- $70,200
- Price per unit
- $270,000
- GRM
- 11.1
Each month
- Cash flow
- −$1,124/mo
- Cash-on-cash
- −19.2%
- Cap rate
- 5.4%
- DSCR
- 0.68×
Break-even
- Price that breaks even
- $368,346
- Rent that breaks even
- $5,455/mo
Long run
- Year 30: property vs stocks
- $1.59M vs $971K
- Cash flow turns positive
- year 12
The deal
- Price
- $540,000
- Cash to close
- $70,200
- Price per unit
- $270,000
- GRM
- 11.1
Each month
- Cash flow
- −$1,467/mo
- Cash-on-cash
- −25.1%
- Cap rate
- 4.6%
- DSCR
- 0.59×
Break-even
- Price that breaks even
- $316,038
- Rent that breaks even
- $6,101/mo
Long run
- Year 30: property vs stocks
- $1.37M vs $1.29M
- Cash flow turns positive
- year 18
The deal
- Price
- $550,000
- Cash to close
- $126,500
- Price per unit
- $275,000
- GRM
- 11.3
Each month
- Cash flow
- −$515/mo
- Cash-on-cash
- −4.9%
- Cap rate
- 5.3%
- DSCR
- 0.82×
Break-even
- Price that breaks even
- $453,318
- Rent that breaks even
- $4,693/mo
Long run
- Year 30: property vs stocks
- $1.77M vs $1.12M
- Cash flow turns positive
- year 8
The deal
- Price
- $550,000
- Cash to close
- $126,500
- Price per unit
- $275,000
- GRM
- 11.3
Each month
- Cash flow
- −$857/mo
- Cash-on-cash
- −8.1%
- Cap rate
- 4.5%
- DSCR
- 0.71×
Break-even
- Price that breaks even
- $388,943
- Rent that breaks even
- $5,248/mo
Long run
- Year 30: property vs stocks
- $1.49M vs $1.37M
- Cash flow turns positive
- year 14
The deal
- Price
- $540,000
- Cash to close
- $124,200
- Price per unit
- $270,000
- GRM
- 11.1
Each month
- Cash flow
- −$461/mo
- Cash-on-cash
- −4.5%
- Cap rate
- 5.4%
- DSCR
- 0.84×
Break-even
- Price that breaks even
- $453,318
- Rent that breaks even
- $4,627/mo
Long run
- Year 30: property vs stocks
- $1.78M vs $1.08M
- Cash flow turns positive
- year 8
The deal
- Price
- $540,000
- Cash to close
- $124,200
- Price per unit
- $270,000
- GRM
- 11.1
Each month
- Cash flow
- −$804/mo
- Cash-on-cash
- −7.8%
- Cap rate
- 4.6%
- DSCR
- 0.72×
Break-even
- Price that breaks even
- $388,943
- Rent that breaks even
- $5,174/mo
Long run
- Year 30: property vs stocks
- $1.49M vs $1.31M
- Cash flow turns positive
- year 13
The deal
- Price
- $550,000
- Cash to close
- $154,000
- Price per unit
- $275,000
- GRM
- 11.3
Each month
- Cash flow
- −$332/mo
- Cash-on-cash
- −2.6%
- Cap rate
- 5.3%
- DSCR
- 0.88×
Break-even
- Price that breaks even
- $483,539
- Rent that breaks even
- $4,465/mo
Long run
- Year 30: property vs stocks
- $1.90M vs $1.25M
- Cash flow turns positive
- year 6
The deal
- Price
- $550,000
- Cash to close
- $154,000
- Price per unit
- $275,000
- GRM
- 11.3
Each month
- Cash flow
- −$674/mo
- Cash-on-cash
- −5.3%
- Cap rate
- 4.5%
- DSCR
- 0.75×
Break-even
- Price that breaks even
- $414,873
- Rent that breaks even
- $4,992/mo
Long run
- Year 30: property vs stocks
- $1.56M vs $1.45M
- Cash flow turns positive
- year 12
The deal
- Price
- $540,000
- Cash to close
- $151,200
- Price per unit
- $270,000
- GRM
- 11.1
Each month
- Cash flow
- −$282/mo
- Cash-on-cash
- −2.2%
- Cap rate
- 5.4%
- DSCR
- 0.90×
Break-even
- Price that breaks even
- $483,539
- Rent that breaks even
- $4,402/mo
Long run
- Year 30: property vs stocks
- $1.91M vs $1.21M
- Cash flow turns positive
- year 5
The deal
- Price
- $540,000
- Cash to close
- $151,200
- Price per unit
- $270,000
- GRM
- 11.1
Each month
- Cash flow
- −$624/mo
- Cash-on-cash
- −5.0%
- Cap rate
- 4.6%
- DSCR
- 0.77×
Break-even
- Price that breaks even
- $414,873
- Rent that breaks even
- $4,923/mo
Long run
- Year 30: property vs stocks
- $1.56M vs $1.39M
- Cash flow turns positive
- year 11
Monthly
Monthly breakdown
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Listing | −$382 |
| Insurance Estimate | −$215 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$284 |
| Capital reserve (7% of rent) | −$284 |
| Net operating income | $2,413 |
| Mortgage (principal + interest) | −$3,293 |
| PMI | −$309 |
| Cash flow | −$1,190 |
| Principal paid down (equity, not cash) | $419 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Listing | −$382 |
| Insurance Estimate | −$215 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$284 |
| Capital reserve (7% of rent) | −$284 |
| Property management | −$343 |
| Net operating income | $2,070 |
| Mortgage (principal + interest) | −$3,293 |
| PMI | −$309 |
| Cash flow | −$1,533 |
| Principal paid down (equity, not cash) | $419 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Listing | −$382 |
| Insurance Estimate | −$215 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$284 |
| Capital reserve (7% of rent) | −$284 |
| Net operating income | $2,413 |
| Mortgage (principal + interest) | −$3,233 |
| PMI | −$304 |
| Cash flow | −$1,124 |
| Principal paid down (equity, not cash) | $411 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Listing | −$382 |
| Insurance Estimate | −$215 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$284 |
| Capital reserve (7% of rent) | −$284 |
| Property management | −$343 |
| Net operating income | $2,070 |
| Mortgage (principal + interest) | −$3,233 |
| PMI | −$304 |
| Cash flow | −$1,467 |
| Principal paid down (equity, not cash) | $411 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Listing | −$382 |
| Insurance Estimate | −$215 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$284 |
| Capital reserve (7% of rent) | −$284 |
| Net operating income | $2,413 |
| Mortgage (principal + interest) | −$2,927 |
| Cash flow | −$515 |
| Principal paid down (equity, not cash) | $372 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Listing | −$382 |
| Insurance Estimate | −$215 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$284 |
| Capital reserve (7% of rent) | −$284 |
| Property management | −$343 |
| Net operating income | $2,070 |
| Mortgage (principal + interest) | −$2,927 |
| Cash flow | −$857 |
| Principal paid down (equity, not cash) | $372 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Listing | −$382 |
| Insurance Estimate | −$215 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$284 |
| Capital reserve (7% of rent) | −$284 |
| Net operating income | $2,413 |
| Mortgage (principal + interest) | −$2,874 |
| Cash flow | −$461 |
| Principal paid down (equity, not cash) | $366 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Listing | −$382 |
| Insurance Estimate | −$215 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$284 |
| Capital reserve (7% of rent) | −$284 |
| Property management | −$343 |
| Net operating income | $2,070 |
| Mortgage (principal + interest) | −$2,874 |
| Cash flow | −$804 |
| Principal paid down (equity, not cash) | $366 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Listing | −$382 |
| Insurance Estimate | −$215 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$284 |
| Capital reserve (7% of rent) | −$284 |
| Net operating income | $2,413 |
| Mortgage (principal + interest) | −$2,744 |
| Cash flow | −$332 |
| Principal paid down (equity, not cash) | $349 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Listing | −$382 |
| Insurance Estimate | −$215 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$284 |
| Capital reserve (7% of rent) | −$284 |
| Property management | −$343 |
| Net operating income | $2,070 |
| Mortgage (principal + interest) | −$2,744 |
| Cash flow | −$674 |
| Principal paid down (equity, not cash) | $349 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Listing | −$382 |
| Insurance Estimate | −$215 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$284 |
| Capital reserve (7% of rent) | −$284 |
| Net operating income | $2,413 |
| Mortgage (principal + interest) | −$2,694 |
| Cash flow | −$282 |
| Principal paid down (equity, not cash) | $343 |
| Rent | $4,050 |
| Vacancy (6%) | −$243 |
| Collected | $3,807 |
| Property tax Listing | −$382 |
| Insurance Estimate | −$215 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$284 |
| Capital reserve (7% of rent) | −$284 |
| Property management | −$343 |
| Net operating income | $2,070 |
| Mortgage (principal + interest) | −$2,694 |
| Cash flow | −$624 |
| Principal paid down (equity, not cash) | $343 |
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
- $1,254,894
- Rental profits, invested at 7%
- $328,646
Sells for $1,334,994 (value up 3% a year), minus 6% selling cost ($80,100). Rent paid down $495,000 of loan.
$219,100 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $544,276
- Monthly shortfalls, invested
- $480,516
$71,500 put into an index fund instead of the down payment and closing costs.
$82,245 you'd have paid in while the building lost money, invested instead.
The building comes out $558,748 ahead after 30 years.
- Your equity when you sell
- $1,254,894
- Rental profits, invested at 7%
- $125,844
Sells for $1,334,994 (value up 3% a year), minus 6% selling cost ($80,100). Rent paid down $495,000 of loan.
$96,694 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $544,276
- Monthly shortfalls, invested
- $810,675
$71,500 put into an index fund instead of the down payment and closing costs.
$155,449 you'd have paid in while the building lost money, invested instead.
The building comes out $25,788 ahead after 30 years.
- Your equity when you sell
- $1,232,079
- Rental profits, invested at 7%
- $354,851
Sells for $1,310,722 (value up 3% a year), minus 6% selling cost ($78,643). Rent paid down $486,000 of loan.
$232,559 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $534,380
- Monthly shortfalls, invested
- $437,109
$70,200 put into an index fund instead of the down payment and closing costs.
$73,878 you'd have paid in while the building lost money, invested instead.
The building comes out $615,441 ahead after 30 years.
- Your equity when you sell
- $1,232,079
- Rental profits, invested at 7%
- $140,316
Sells for $1,310,722 (value up 3% a year), minus 6% selling cost ($78,643). Rent paid down $486,000 of loan.
$106,035 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $534,380
- Monthly shortfalls, invested
- $755,533
$70,200 put into an index fund instead of the down payment and closing costs.
$142,964 you'd have paid in while the building lost money, invested instead.
The building comes out $82,481 ahead after 30 years.
- Your equity when you sell
- $1,254,894
- Rental profits, invested at 7%
- $516,048
Sells for $1,334,994 (value up 3% a year), minus 6% selling cost ($80,100). Rent paid down $440,000 of loan.
$308,640 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $962,950
- Monthly shortfalls, invested
- $157,418
$126,500 put into an index fund instead of the down payment and closing costs.
$25,205 you'd have paid in while the building lost money, invested instead.
The building comes out $650,575 ahead after 30 years.
- Your equity when you sell
- $1,254,894
- Rental profits, invested at 7%
- $233,853
Sells for $1,334,994 (value up 3% a year), minus 6% selling cost ($80,100). Rent paid down $440,000 of loan.
$161,437 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $962,950
- Monthly shortfalls, invested
- $408,182
$126,500 put into an index fund instead of the down payment and closing costs.
$73,611 you'd have paid in while the building lost money, invested instead.
The building comes out $117,615 ahead after 30 years.
- Your equity when you sell
- $1,232,079
- Rental profits, invested at 7%
- $550,178
Sells for $1,310,722 (value up 3% a year), minus 6% selling cost ($78,643). Rent paid down $432,000 of loan.
$323,330 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $945,442
- Monthly shortfalls, invested
- $131,216
$124,200 put into an index fund instead of the down payment and closing costs.
$20,735 you'd have paid in while the building lost money, invested instead.
The building comes out $705,598 ahead after 30 years.
- Your equity when you sell
- $1,232,079
- Rental profits, invested at 7%
- $253,809
Sells for $1,310,722 (value up 3% a year), minus 6% selling cost ($78,643). Rent paid down $432,000 of loan.
$172,377 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $945,442
- Monthly shortfalls, invested
- $367,807
$124,200 put into an index fund instead of the down payment and closing costs.
$65,390 you'd have paid in while the building lost money, invested instead.
The building comes out $172,638 ahead after 30 years.
- Your equity when you sell
- $1,254,894
- Rental profits, invested at 7%
- $641,255
Sells for $1,334,994 (value up 3% a year), minus 6% selling cost ($80,100). Rent paid down $412,500 of loan.
$360,776 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $1,172,287
- Monthly shortfalls, invested
- $75,236
$154,000 put into an index fund instead of the down payment and closing costs.
$11,476 you'd have paid in while the building lost money, invested instead.
The building comes out $648,627 ahead after 30 years.
- Your equity when you sell
- $1,254,894
- Rental profits, invested at 7%
- $309,112
Sells for $1,334,994 (value up 3% a year), minus 6% selling cost ($80,100). Rent paid down $412,500 of loan.
$201,101 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $1,172,287
- Monthly shortfalls, invested
- $276,053
$154,000 put into an index fund instead of the down payment and closing costs.
$47,411 you'd have paid in while the building lost money, invested instead.
The building comes out $115,666 ahead after 30 years.
- Your equity when you sell
- $1,232,079
- Rental profits, invested at 7%
- $679,315
Sells for $1,310,722 (value up 3% a year), minus 6% selling cost ($78,643). Rent paid down $405,000 of loan.
$375,780 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $1,150,973
- Monthly shortfalls, invested
- $56,735
$151,200 put into an index fund instead of the down payment and closing costs.
$8,517 you'd have paid in while the building lost money, invested instead.
The building comes out $703,685 ahead after 30 years.
- Your equity when you sell
- $1,232,079
- Rental profits, invested at 7%
- $332,901
Sells for $1,310,722 (value up 3% a year), minus 6% selling cost ($78,643). Rent paid down $405,000 of loan.
$212,867 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $1,150,973
- Monthly shortfalls, invested
- $243,281
$151,200 put into an index fund instead of the down payment and closing costs.
$41,213 you'd have paid in while the building lost money, invested instead.
The building comes out $170,725 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 $1.58M, stocks $1.02M. The property wins.
Year 30 (loan paid off): property $1.38M, stocks $1.35M. The property wins.
Year 30 (loan paid off): property $1.59M, stocks $971K. The property wins.
Year 30 (loan paid off): property $1.37M, stocks $1.29M. The property wins.
Year 30 (loan paid off): property $1.77M, stocks $1.12M. The property wins.
Year 30 (loan paid off): property $1.49M, stocks $1.37M. The property wins.
Year 30 (loan paid off): property $1.78M, stocks $1.08M. The property wins.
Year 30 (loan paid off): property $1.49M, stocks $1.31M. The property wins.
Year 30 (loan paid off): property $1.90M, stocks $1.25M. The property wins.
Year 30 (loan paid off): property $1.56M, stocks $1.45M. The property wins.
Year 30 (loan paid off): property $1.91M, stocks $1.21M. The property wins.
Year 30 (loan paid off): property $1.56M, stocks $1.39M. 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.
3 bed estimate $2,025/mo · range $1,950–$2,425 · 19 rentals within 4.75 mi
| Address | Rent | Bd / Ba | Distance |
|---|---|---|---|
| 2525 Williams Dr, Burnsville | $1,930 | 3 / 2 | 1.1 mi |
| 13870 Glendale Trl, Savage | $1,655 | 3 / 2 | 1.7 mi |
| 1024 W Burnsville Pkwy, Burnsville | $1,985 | 3 / 2 | 2.0 mi |
| 13958 Edgewood Ave, Savage | $2,469 | 3 / 2 | 2.3 mi |
| 14125 Louisiana Ave S, Savage | $2,290 | 3 / 2 | 2.6 mi |
| 9801 Harrison Rd, Bloomington | $2,300 | 3 / 2 | 3.4 mi |
| 14977 Louisiana Ave S, Savage | $1,623 | 3 / 2 | 3.5 mi |
| 700 Evergreen Dr, Burnsville | $1,870 | 3 / 2 | 3.8 mi |
| 13304 Parkwood Dr Apt 204, Burnsville | $1,975 | 3 / 2 | 4.0 mi |
| 13328 Parkwood Dr Apt 215, Burnsville | $1,750 | 3 / 2 | 4.0 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 or lease terms disclosed despite 'fully leased' claim Listing says: now fully leased and generating immediate cash flow · AI review
- highPrice looks well above what estimated rents support 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 4135 124TH ST W
- mediumRenovation scope and permits unknown; 'top-to-bottom' claim is unsupported by detail on systems Listing says: comprehensively renovated top-to-bottom · AI review
- lowSales-pressure language with no hard numbers Listing says: schedule your private showing today before this premier income-producer is gone · AI review
Opportunities
- No rent cap, so rents can follow the market Based on: data: underwriting.rent_rule · AI review
- Side-by-side layout with identical units makes the rent roll and maintenance simple to compare Listing says: Both units feature identical, highly functional layouts · AI review
Questions for the agent
- What are the current rents, lease end dates and deposits for each side?
- Can I see the rent roll, signed leases and trailing-12 expenses?
- Who pays heat, water, electric and trash, and are meters separate?
- Were the renovations permitted, and who did the work and when?
- What are the roof, furnace, water heater and panel ages?
- Why is the owner selling, and what were taxes last year?
Bottom line
Cosmetically fresh side-by-side, but with no rents shown and about -$555/month at ask, it only works at a much lower price. 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. | $4,588 |
| Insurance / yr Estimateestimate. from units, square feet and age; get a quote | $2,579 |
| 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. "fully updated" in the description: -1 pts each | 7% / 7% |
Price history Realtor.com
On the market since 2026-09-12 (23 days); last sold for $315,000 on 2018-10-12; listed for rent at $2,100/mo on 2026-08-06.
| Date | Event | Price |
|---|---|---|
| Removed | — | |
| Listed | $550,000 | |
| Listed for rent | $2,100/mo | |
| Removed | — | |
| Listed for rent | $2,100/mo | |
| Removed | — | |
| Listed for rent | $2,100/mo | |
| Removed | — | |
| Listed for rent | $2,000/mo | |
| Removed | — | |
| Listed for rent | $2,000/mo | |
| Removed | — | |
| Listed for rent | $2,000/mo | |
| Sold | $315,000 | |
| Relisted | $315,000 | |
| Removed | $315,000 | |
| Listed | $315,000 |
From the listing Listing
| Listed as | duplex side x side |
| Property tax, 2026 | $4,588 |
| County | Scott |
| Parcel number | 260060390 |
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 Savage on rental licensing before you buy.