4165 Aldrich Ave N
Duplex · 2 units: 3 bed / 1 bath and 2 bed / 1 bath unit split estimated · 2,172 sq ft
Minneapolis, MN · Webber - Camden · View the listing ↗
Photos courtesy of Keller Williams Realty, via Realtor.com.
- Asking price
- $330,000 2 units · $165K per unit
- Monthly cash flow
- −$46 at 20% down, 7%
- Estimated rent
- $3,400/mo medium confidence
- Break-even price
- $321,424 where cash flow hits $0
First look
This is a Minneapolis up/down duplex at $330K with a 3-bed and a 2-bed, both occupied, but the listing gives no rents and no lease terms. Our rent estimates total about $3,400/mo at the midpoint. At the asking price with 20% down, our underwriting shows roughly -$46/mo and a 6.2% cap rate, and break-even is near $321K. That is about $9K under ask, so the deal is close to working at today's rates, and a modest price cut or rents slightly above our estimates would get it there. The seller paid $250K in 2021, so there is not much room for a big markup. The photos show a charming 1925 exterior but an older, mixed-condition interior with radiators, so get the rent roll, leases, boiler age and the heating bill before a showing. I would tour it if the price drops a bit or the rent roll comes in above our numbers.
Things to consider
- Price is modestly above break-even Our break-even is near $321K against a $330K ask, and cash flow is slightly negative at 20% down. You would need a small price cut or somewhat higher rents.
- No rent roll in the listing Without actual rents and lease dates you can't verify income. Our estimates are only a guide.Listing says: “This property is fully occupied, offering immediate rental income”
- Heating is a hot-water boiler system If the owner pays heat on a single boiler, it is a big expense, and boiler age is a major replacement cost.
- Taxes are high as non-homestead The tax bill takes a large share of income and reduces the cap rate.
- Small gain over 2021 purchase price The seller bought at $250K and asks $330K, so ask what the 2023 update included and whether it justifies the markup.
- Rental license is active at 2 units This is a positive: the license matches the unit count. Confirm the license transfers cleanly at sale.
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
- doneProperty updated in 2023 (scope not specified)Listing says: Income-producing up-down duplex updated in 2023.
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
- $330,000
- Cash to close
- $42,900
- Price per unit
- $165,000
- GRM
- 8.1
Each month
- Cash flow
- −$451/mo
- Cash-on-cash
- −12.6%
- Cap rate
- 6.2%
- DSCR
- 0.79×
Break-even
- Price that breaks even
- $261,175
- Rent that breaks even
- $3,978/mo
Long run
- Year 30: property vs stocks
- $1.15M vs $451K
- Cash flow turns positive
- year 7
The deal
- Price
- $330,000
- Cash to close
- $42,900
- Price per unit
- $165,000
- GRM
- 8.1
Each month
- Cash flow
- −$738/mo
- Cash-on-cash
- −20.7%
- Cap rate
- 5.2%
- DSCR
- 0.66×
Break-even
- Price that breaks even
- $217,262
- Rent that breaks even
- $4,462/mo
Long run
- Year 30: property vs stocks
- $902K vs $646K
- Cash flow turns positive
- year 14
The deal
- Price
- $320,000
- Cash to close
- $41,600
- Price per unit
- $160,000
- GRM
- 7.8
Each month
- Cash flow
- −$385/mo
- Cash-on-cash
- −11.1%
- Cap rate
- 6.4%
- DSCR
- 0.82×
Break-even
- Price that breaks even
- $261,175
- Rent that breaks even
- $3,894/mo
Long run
- Year 30: property vs stocks
- $1.18M vs $416K
- Cash flow turns positive
- year 6
The deal
- Price
- $320,000
- Cash to close
- $41,600
- Price per unit
- $160,000
- GRM
- 7.8
Each month
- Cash flow
- −$673/mo
- Cash-on-cash
- −19.4%
- Cap rate
- 5.3%
- DSCR
- 0.68×
Break-even
- Price that breaks even
- $217,262
- Rent that breaks even
- $4,368/mo
Long run
- Year 30: property vs stocks
- $902K vs $590K
- Cash flow turns positive
- year 13
The deal
- Price
- $330,000
- Cash to close
- $75,900
- Price per unit
- $165,000
- GRM
- 8.1
Each month
- Cash flow
- −$46/mo
- Cash-on-cash
- −0.7%
- Cap rate
- 6.2%
- DSCR
- 0.97×
Break-even
- Price that breaks even
- $321,424
- Rent that breaks even
- $3,459/mo
Long run
- Year 30: property vs stocks
- $1.34M vs $582K
- Cash flow turns positive
- year 2
The deal
- Price
- $330,000
- Cash to close
- $75,900
- Price per unit
- $165,000
- GRM
- 8.1
Each month
- Cash flow
- −$333/mo
- Cash-on-cash
- −5.3%
- Cap rate
- 5.2%
- DSCR
- 0.81×
Break-even
- Price that breaks even
- $267,381
- Rent that breaks even
- $3,879/mo
Long run
- Year 30: property vs stocks
- $1.00M vs $691K
- Cash flow turns positive
- year 10
The deal
- Price
- $320,000
- Cash to close
- $73,600
- Price per unit
- $160,000
- GRM
- 7.8
Each month
- Cash flow
- $8/mo
- Cash-on-cash
- 0.1%
- Cap rate
- 6.4%
- DSCR
- 1.00×
Break-even
- Price that breaks even
- $321,424
- Rent that breaks even
- $3,390/mo
Long run
- Year 30: property vs stocks
- $1.37M vs $560K
- Cash flow turns positive
- year 1
The deal
- Price
- $320,000
- Cash to close
- $73,600
- Price per unit
- $160,000
- GRM
- 7.8
Each month
- Cash flow
- −$280/mo
- Cash-on-cash
- −4.6%
- Cap rate
- 5.3%
- DSCR
- 0.84×
Break-even
- Price that breaks even
- $267,381
- Rent that breaks even
- $3,803/mo
Long run
- Year 30: property vs stocks
- $1.01M vs $645K
- Cash flow turns positive
- year 8
The deal
- Price
- $330,000
- Cash to close
- $92,400
- Price per unit
- $165,000
- GRM
- 8.1
Each month
- Cash flow
- $64/mo
- Cash-on-cash
- 0.8%
- Cap rate
- 6.2%
- DSCR
- 1.04×
Break-even
- Price that breaks even
- $342,853
- Rent that breaks even
- $3,318/mo
Long run
- Year 30: property vs stocks
- $1.46M vs $703K
- Cash flow turns positive
- year 1
The deal
- Price
- $330,000
- Cash to close
- $92,400
- Price per unit
- $165,000
- GRM
- 8.1
Each month
- Cash flow
- −$224/mo
- Cash-on-cash
- −2.9%
- Cap rate
- 5.2%
- DSCR
- 0.86×
Break-even
- Price that breaks even
- $285,207
- Rent that breaks even
- $3,721/mo
Long run
- Year 30: property vs stocks
- $1.07M vs $761K
- Cash flow turns positive
- year 7
The deal
- Price
- $320,000
- Cash to close
- $89,600
- Price per unit
- $160,000
- GRM
- 7.8
Each month
- Cash flow
- $114/mo
- Cash-on-cash
- 1.5%
- Cap rate
- 6.4%
- DSCR
- 1.07×
Break-even
- Price that breaks even
- $342,853
- Rent that breaks even
- $3,254/mo
Long run
- Year 30: property vs stocks
- $1.49M vs $682K
- Cash flow turns positive
- year 1
The deal
- Price
- $320,000
- Cash to close
- $89,600
- Price per unit
- $160,000
- GRM
- 7.8
Each month
- Cash flow
- −$174/mo
- Cash-on-cash
- −2.3%
- Cap rate
- 5.3%
- DSCR
- 0.89×
Break-even
- Price that breaks even
- $285,207
- Rent that breaks even
- $3,650/mo
Long run
- Year 30: property vs stocks
- $1.08M vs $720K
- Cash flow turns positive
- year 6
Monthly
Monthly breakdown
| Rent | $3,400 |
| Vacancy (6%) | −$204 |
| Collected | $3,196 |
| Property tax Public record | −$516 |
| Insurance Estimate | −$195 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$272 |
| Capital reserve (8% of rent) | −$272 |
| Net operating income | $1,711 |
| Mortgage (principal + interest) | −$1,976 |
| PMI | −$186 |
| Cash flow | −$451 |
| Principal paid down (equity, not cash) | $251 |
| Rent | $3,400 |
| Vacancy (6%) | −$204 |
| Collected | $3,196 |
| Property tax Public record | −$516 |
| Insurance Estimate | −$195 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$272 |
| Capital reserve (8% of rent) | −$272 |
| Property management | −$288 |
| Net operating income | $1,423 |
| Mortgage (principal + interest) | −$1,976 |
| PMI | −$186 |
| Cash flow | −$738 |
| Principal paid down (equity, not cash) | $251 |
| Rent | $3,400 |
| Vacancy (6%) | −$204 |
| Collected | $3,196 |
| Property tax Public record | −$516 |
| Insurance Estimate | −$195 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$272 |
| Capital reserve (8% of rent) | −$272 |
| Net operating income | $1,711 |
| Mortgage (principal + interest) | −$1,916 |
| PMI | −$180 |
| Cash flow | −$385 |
| Principal paid down (equity, not cash) | $244 |
| Rent | $3,400 |
| Vacancy (6%) | −$204 |
| Collected | $3,196 |
| Property tax Public record | −$516 |
| Insurance Estimate | −$195 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$272 |
| Capital reserve (8% of rent) | −$272 |
| Property management | −$288 |
| Net operating income | $1,423 |
| Mortgage (principal + interest) | −$1,916 |
| PMI | −$180 |
| Cash flow | −$673 |
| Principal paid down (equity, not cash) | $244 |
| Rent | $3,400 |
| Vacancy (6%) | −$204 |
| Collected | $3,196 |
| Property tax Public record | −$516 |
| Insurance Estimate | −$195 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$272 |
| Capital reserve (8% of rent) | −$272 |
| Net operating income | $1,711 |
| Mortgage (principal + interest) | −$1,756 |
| Cash flow | −$46 |
| Principal paid down (equity, not cash) | $223 |
| Rent | $3,400 |
| Vacancy (6%) | −$204 |
| Collected | $3,196 |
| Property tax Public record | −$516 |
| Insurance Estimate | −$195 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$272 |
| Capital reserve (8% of rent) | −$272 |
| Property management | −$288 |
| Net operating income | $1,423 |
| Mortgage (principal + interest) | −$1,756 |
| Cash flow | −$333 |
| Principal paid down (equity, not cash) | $223 |
| Rent | $3,400 |
| Vacancy (6%) | −$204 |
| Collected | $3,196 |
| Property tax Public record | −$516 |
| Insurance Estimate | −$195 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$272 |
| Capital reserve (8% of rent) | −$272 |
| Net operating income | $1,711 |
| Mortgage (principal + interest) | −$1,703 |
| Cash flow | $8 |
| Principal paid down (equity, not cash) | $217 |
| Rent | $3,400 |
| Vacancy (6%) | −$204 |
| Collected | $3,196 |
| Property tax Public record | −$516 |
| Insurance Estimate | −$195 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$272 |
| Capital reserve (8% of rent) | −$272 |
| Property management | −$288 |
| Net operating income | $1,423 |
| Mortgage (principal + interest) | −$1,703 |
| Cash flow | −$280 |
| Principal paid down (equity, not cash) | $217 |
| Rent | $3,400 |
| Vacancy (6%) | −$204 |
| Collected | $3,196 |
| Property tax Public record | −$516 |
| Insurance Estimate | −$195 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$272 |
| Capital reserve (8% of rent) | −$272 |
| Net operating income | $1,711 |
| Mortgage (principal + interest) | −$1,647 |
| Cash flow | $64 |
| Principal paid down (equity, not cash) | $210 |
| Rent | $3,400 |
| Vacancy (6%) | −$204 |
| Collected | $3,196 |
| Property tax Public record | −$516 |
| Insurance Estimate | −$195 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$272 |
| Capital reserve (8% of rent) | −$272 |
| Property management | −$288 |
| Net operating income | $1,423 |
| Mortgage (principal + interest) | −$1,647 |
| Cash flow | −$224 |
| Principal paid down (equity, not cash) | $210 |
| Rent | $3,400 |
| Vacancy (6%) | −$204 |
| Collected | $3,196 |
| Property tax Public record | −$516 |
| Insurance Estimate | −$195 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$272 |
| Capital reserve (8% of rent) | −$272 |
| Net operating income | $1,711 |
| Mortgage (principal + interest) | −$1,597 |
| Cash flow | $114 |
| Principal paid down (equity, not cash) | $203 |
| Rent | $3,400 |
| Vacancy (6%) | −$204 |
| Collected | $3,196 |
| Property tax Public record | −$516 |
| Insurance Estimate | −$195 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$272 |
| Capital reserve (8% of rent) | −$272 |
| Property management | −$288 |
| Net operating income | $1,423 |
| Mortgage (principal + interest) | −$1,597 |
| Cash flow | −$174 |
| Principal paid down (equity, not cash) | $203 |
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
- $752,937
- Rental profits, invested at 7%
- $401,708
Sells for $800,997 (value up 3% a year), minus 6% selling cost ($48,060). Rent paid down $297,000 of loan.
$230,025 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $326,566
- Monthly shortfalls, invested
- $124,541
$42,900 put into an index fund instead of the down payment and closing costs.
$19,311 you'd have paid in while the building lost money, invested instead.
The building comes out $703,539 ahead after 30 years.
- Your equity when you sell
- $752,937
- Rental profits, invested at 7%
- $148,923
Sells for $800,997 (value up 3% a year), minus 6% selling cost ($48,060). Rent paid down $297,000 of loan.
$102,539 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $326,566
- Monthly shortfalls, invested
- $319,180
$42,900 put into an index fund instead of the down payment and closing costs.
$56,041 you'd have paid in while the building lost money, invested instead.
The building comes out $256,115 ahead after 30 years.
- Your equity when you sell
- $730,121
- Rental profits, invested at 7%
- $445,970
Sells for $776,724 (value up 3% a year), minus 6% selling cost ($46,603). Rent paid down $288,000 of loan.
$247,754 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $316,670
- Monthly shortfalls, invested
- $99,189
$41,600 put into an index fund instead of the down payment and closing costs.
$15,215 you'd have paid in while the building lost money, invested instead.
The building comes out $760,231 ahead after 30 years.
- Your equity when you sell
- $730,121
- Rental profits, invested at 7%
- $172,321
Sells for $776,724 (value up 3% a year), minus 6% selling cost ($46,603). Rent paid down $288,000 of loan.
$115,146 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $316,670
- Monthly shortfalls, invested
- $272,964
$41,600 put into an index fund instead of the down payment and closing costs.
$46,822 you'd have paid in while the building lost money, invested instead.
The building comes out $312,807 ahead after 30 years.
- Your equity when you sell
- $752,937
- Rental profits, invested at 7%
- $587,364
Sells for $800,997 (value up 3% a year), minus 6% selling cost ($48,060). Rent paid down $264,000 of loan.
$299,209 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $577,770
- Monthly shortfalls, invested
- $3,897
$75,900 put into an index fund instead of the down payment and closing costs.
$548 you'd have paid in while the building lost money, invested instead.
The building comes out $758,634 ahead after 30 years.
- Your equity when you sell
- $752,937
- Rental profits, invested at 7%
- $249,411
Sells for $800,997 (value up 3% a year), minus 6% selling cost ($48,060). Rent paid down $264,000 of loan.
$153,012 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $577,770
- Monthly shortfalls, invested
- $113,366
$75,900 put into an index fund instead of the down payment and closing costs.
$18,565 you'd have paid in while the building lost money, invested instead.
The building comes out $311,211 ahead after 30 years.
- Your equity when you sell
- $730,121
- Rental profits, invested at 7%
- $643,799
Sells for $776,724 (value up 3% a year), minus 6% selling cost ($46,603). Rent paid down $256,000 of loan.
$317,822 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $560,262
$73,600 put into an index fund instead of the down payment and closing costs.
The building comes out $813,658 ahead after 30 years.
- Your equity when you sell
- $730,121
- Rental profits, invested at 7%
- $281,055
Sells for $776,724 (value up 3% a year), minus 6% selling cost ($46,603). Rent paid down $256,000 of loan.
$167,140 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $560,262
- Monthly shortfalls, invested
- $84,679
$73,600 put into an index fund instead of the down payment and closing costs.
$13,533 you'd have paid in while the building lost money, invested instead.
The building comes out $366,234 ahead after 30 years.
- Your equity when you sell
- $752,937
- Rental profits, invested at 7%
- $707,901
Sells for $800,997 (value up 3% a year), minus 6% selling cost ($48,060). Rent paid down $247,500 of loan.
$338,180 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $703,372
$92,400 put into an index fund instead of the down payment and closing costs.
The building comes out $757,466 ahead after 30 years.
- Your equity when you sell
- $752,937
- Rental profits, invested at 7%
- $318,427
Sells for $800,997 (value up 3% a year), minus 6% selling cost ($48,060). Rent paid down $247,500 of loan.
$182,982 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $703,372
- Monthly shortfalls, invested
- $57,949
$92,400 put into an index fund instead of the down payment and closing costs.
$9,017 you'd have paid in while the building lost money, invested instead.
The building comes out $310,042 ahead after 30 years.
- Your equity when you sell
- $730,121
- Rental profits, invested at 7%
- $764,461
Sells for $776,724 (value up 3% a year), minus 6% selling cost ($46,603). Rent paid down $240,000 of loan.
$356,144 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $682,058
$89,600 put into an index fund instead of the down payment and closing costs.
The building comes out $812,524 ahead after 30 years.
- Your equity when you sell
- $730,121
- Rental profits, invested at 7%
- $354,863
Sells for $776,724 (value up 3% a year), minus 6% selling cost ($46,603). Rent paid down $240,000 of loan.
$197,668 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $682,058
- Monthly shortfalls, invested
- $37,825
$89,600 put into an index fund instead of the down payment and closing costs.
$5,740 you'd have paid in while the building lost money, invested instead.
The building comes out $365,101 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 $1.15M, stocks $451K. The property wins.
Year 30 (loan paid off): property $902K, stocks $646K. The property wins.
Year 30 (loan paid off): property $1.18M, stocks $416K. The property wins.
Year 30 (loan paid off): property $902K, stocks $590K. The property wins.
Year 30 (loan paid off): property $1.34M, stocks $582K. The property wins.
Year 30 (loan paid off): property $1.00M, stocks $691K. The property wins.
Year 30 (loan paid off): property $1.37M, stocks $560K. The property wins.
Year 30 (loan paid off): property $1.01M, stocks $645K. The property wins.
Year 30 (loan paid off): property $1.46M, stocks $703K. The property wins.
Year 30 (loan paid off): property $1.07M, stocks $761K. The property wins.
Year 30 (loan paid off): property $1.49M, stocks $682K. The property wins.
Year 30 (loan paid off): property $1.08M, stocks $720K. 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 $1,850/mo · range $1,675–$2,025
| Address | Rent | Bd / Ba | Distance | Match |
|---|---|---|---|---|
| 3049 Grand St NE, Minneapolis 55418 off market | $1,600 | 3 / 1 | 1.1 mi | 92% |
| 3118 Morgan Ave N, Minneapolis 55411 off market | $1,900 | 3 / 1 | 1.5 mi | 92% |
| 4165 N Aldrich Ave, Unit 2, Minneapolis 55412 off market | $1,650 | 3 / 1 | 0.0 mi | 88% |
| 1115 33rd Ave N, Minneapolis 55412 off market | $1,380 | 3 / 1 | 1.2 mi | 88% |
| 2742 California St NE, Unit 1, Minneapolis 55418 off market | $1,978 | 3 / 1 | 1.4 mi | 87% |
| 2918 Girard Ave N, Minneapolis 55411 off market | $1,850 | 3 / 1 | 1.5 mi | 86% |
| 3326 Fremont Ave N, Minneapolis 55412 off market | $1,625 | 3 / 1 | 1.1 mi | 85% |
| 3211 N 6th St, Minneapolis 55412 off market | $1,625 | 3 / 1 | 1.2 mi | 85% |
| 3211 6th St N, Minneapolis 55412 off market | $1,625 | 3 / 1 | 1.2 mi | 85% |
| 4209 Bryant Ave N, Unit 2, Minneapolis 55412 off market | $1,400 | 2 / 1 | 0.1 mi | 84% |
2 bed / 1 bath estimate $1,550/mo · range $1,375–$1,725
| Address | Rent | Bd / Ba | Distance | Match |
|---|---|---|---|---|
| 4209 Bryant Ave N, Unit 2, Minneapolis 55412 off market | $1,400 | 2 / 1 | 0.1 mi | 94% |
| 1421 44th Ave N, Minneapolis 55412 off market | $1,685 | 2 / 1 | 0.5 mi | 93% |
| 3841 Thomas Ave N, Apt 1, Minneapolis 55412 off market | $1,150 | 2 / 1 | 1.2 mi | 92% |
| 3107 Dupont Ave N, Unit 1, Minneapolis 55411 off market | $1,550 | 2 / 1 | 1.3 mi | 92% |
| 3318 N Penn Ave, Unit 3, Minneapolis 55412 off market | $1,100 | 2 / 1 | 1.4 mi | 92% |
| 2935 Aldrich Ave N, Unit 1, Minneapolis 55411 off market | $1,300 | 2 / 1 | 1.4 mi | 92% |
| 2635 California St NE, Minneapolis 55418 off market | $1,600 | 2 / 1 | 1.5 mi | 92% |
| 1501 N 44th Ave, Unit 1503, Minneapolis 55412 off market | $1,500 | 2 / 1 | 0.5 mi | 88% |
| 3610 N Queen Ave, Unit 2, Minneapolis 55412 off market | $1,400 | 2 / 1 | 1.2 mi | 87% |
| 2900 Colfax Ave N, Minneapolis 55411 off market | $1,345 | 2 / 1 | 1.5 mi | 87% |
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
- highNo rents, lease terms or expenses given for an 'established income-producing asset' Listing says: This is an established income-producing asset. · AI review
- mediumNon-homestead tax bill is large relative to likely rents Based on: data: county.tax · AI review
- lowHighway about 170 m away (I-94); noise may hurt rents and resale Based on: data: highway · AI review
Opportunities
- Detached 2-car garage could support garage rent or higher unit rents Listing says: Property includes a detached 2-car garage. · AI review
- Minneapolis has no rent cap, so rents can follow the market after turnover Based on: data: underwriting.rent_rule · AI review
- Separate laundry for each unit is a plus for tenants and rents Listing says: The main level unit includes dedicated laundry in the basement · AI review
Questions for the agent
- What are the current rents, lease end dates and security deposits for each unit?
- What was done in the 2023 update, and were permits pulled?
- How is heat set up: one boiler or separate systems, and who pays? What was last winter's gas bill?
- How old are the roof, boiler, water heater and electrical panel?
- Can you share trailing-12 expenses and the tax bill the buyer will pay?
- Why is the seller selling, and is the price negotiable given 17 days on market?
Bottom line
Cute, occupied duplex, but at $330K it is roughly break-even in our model and the listing gives no rent numbers, so it works with a slightly lower price or rents above our estimates. AI-assisted summary
What the records say
Where each number comes from
| Property tax / yr Public recordHennepin County record, current payable year (non-homestead) | $6,192 |
| Insurance / yr Estimateestimate. from units, square feet and age; get a quote | $2,343 |
| 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. base rate | 8% / 8% |
Price history Realtor.com
On the market since 2025-12-24 (285 days, relisted 2×); last sold for $250,000 on 2021-05-12; listed for rent at $1,495/mo on 2025-12-23.
| Date | Event | Price |
|---|---|---|
| Listed | $330,000 | |
| Removed | $299,000 | |
| Removed | — | |
| Price changed | $299,000 | |
| Listed | $325,000 | |
| Removed | — | |
| Listed for rent | $1,495/mo | |
| Removed | — | |
| Rent changed | $1,295/mo | |
| Listed for rent | $1,395/mo | |
| Sold | $250,000 | |
| Relisted | $239,900 | |
| Removed | $239,900 | |
| Listed | $239,900 | |
| Sold | $77,000 | |
| Listed | $77,500 | |
| Sold public record | $83,000 |
County record Public record
| Recorded as | duplex |
| Living units | 2 |
| Year built | 1929 |
| Market value (2026) | $329,100 |
| Property tax | $6,192 |
| Special assessments | none |
| Homestead | no |
| Last sale | 2021-05-01 · $250,000 |
Source: Hennepin County parcel records.
City rental license
CHOWN: 2 unit(s), Tier 1, status active, renews 2027-03-01.
Nearest highway
I 94, about 171 m away.
Crime in Webber - Camden
232 incidents in the last 12 months (41 per 1,000 residents), +5% vs. the year before. Minneapolis police incidents, all reported offenses (definitions differ from St. Paul's, so don't compare across cities).