519 S 9th St
Duplex · 2 units: 2 bed / 1 bath and 1 bed / 1 bath unit split estimated · 1,408 sq ft
Brainerd, MN · View the listing ↗
Photos courtesy of KELLER WILLIAMS REALTY BRAINERD LAK - Broker, via Realtor.com.
- Asking price
- $209,900 2 units · $105K per unit
- Monthly cash flow
- −$297 at 20% down, 7%
- Estimated rent
- $1,775/mo medium confidence
- Break-even price
- $154,187 where cash flow hits $0
First look
This is a small up/down duplex built in 1888, listed at $209,900 after 184 days on market. Our underwriting shows about -$297/month at the ask with a 4.7% cap rate, and break-even is near $154K, so the price is roughly $55K too high for these rents. The description gives no rents, lease terms, taxes or utility details, so get the rent roll and leases first. Photos show a dated panel, window A/C units and a small, tight kitchen, so budget for updates. It's only worth a showing if the seller will come down hard on price.
Things to consider
- Price is well above what rents support Our numbers show negative cash flow and a break-even price about $55K under the ask. Offering near break-even is the only way this works.
- Income is unknown No rents or leases are stated, so you'd be relying on our estimates of $975 for a 2-bed and $800 for a 1-bed. Verify with the rent roll.
- Taxes and unit count are unverified The address didn't match a county parcel, so taxes could differ from our assumptions and change cash flow.
- 1888 building with dated systems Budget reserves for the panel, heating and cooling, roof and plumbing. Older small panels and wall heaters can hurt insurability and tenant comfort.From photo 7
- Long time on market gives leverage 184 days means the seller likely has no strong buyer at this price. A lower offer with inspection contingencies is reasonable.
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 flooring and carpet in the lower unitListing says: Lower level is a one bedroom with new flooring & carpet
- doneNew refrigerator in the lower unitListing says: new refrigerator, tile countertops, washer/dryers, full bath
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
- $209,900
- Cash to close
- $27,287
- Price per unit
- $104,950
- GRM
- 9.9
Each month
- Cash flow
- −$554/mo
- Cash-on-cash
- −24.4%
- Cap rate
- 4.7%
- DSCR
- 0.60×
Break-even
- Price that breaks even
- $125,286
- Rent that breaks even
- $2,495/mo
Long run
- Year 30: property vs stocks
- $529K vs $493K
- Cash flow turns positive
- year 18
The deal
- Price
- $209,900
- Cash to close
- $27,287
- Price per unit
- $104,950
- GRM
- 9.9
Each month
- Cash flow
- −$704/mo
- Cash-on-cash
- −31.0%
- Cap rate
- 3.8%
- DSCR
- 0.49×
Break-even
- Price that breaks even
- $102,361
- Rent that breaks even
- $2,803/mo
Long run
- Year 30: property vs stocks
- $483K vs $680K
- Cash flow turns positive
- year 26
The deal
- Price
- $199,900
- Cash to close
- $25,987
- Price per unit
- $99,950
- GRM
- 9.4
Each month
- Cash flow
- −$489/mo
- Cash-on-cash
- −22.6%
- Cap rate
- 4.9%
- DSCR
- 0.63×
Break-even
- Price that breaks even
- $125,286
- Rent that breaks even
- $2,410/mo
Long run
- Year 30: property vs stocks
- $522K vs $430K
- Cash flow turns positive
- year 16
The deal
- Price
- $199,900
- Cash to close
- $25,987
- Price per unit
- $99,950
- GRM
- 9.4
Each month
- Cash flow
- −$639/mo
- Cash-on-cash
- −29.5%
- Cap rate
- 4.0%
- DSCR
- 0.51×
Break-even
- Price that breaks even
- $102,361
- Rent that breaks even
- $2,707/mo
Long run
- Year 30: property vs stocks
- $465K vs $605K
- Cash flow turns positive
- year 25
The deal
- Price
- $209,900
- Cash to close
- $48,277
- Price per unit
- $104,950
- GRM
- 9.9
Each month
- Cash flow
- −$297/mo
- Cash-on-cash
- −7.4%
- Cap rate
- 4.7%
- DSCR
- 0.73×
Break-even
- Price that breaks even
- $154,187
- Rent that breaks even
- $2,160/mo
Long run
- Year 30: property vs stocks
- $573K vs $502K
- Cash flow turns positive
- year 13
The deal
- Price
- $209,900
- Cash to close
- $48,277
- Price per unit
- $104,950
- GRM
- 9.9
Each month
- Cash flow
- −$447/mo
- Cash-on-cash
- −11.1%
- Cap rate
- 3.8%
- DSCR
- 0.60×
Break-even
- Price that breaks even
- $125,974
- Rent that breaks even
- $2,427/mo
Long run
- Year 30: property vs stocks
- $497K vs $660K
- Cash flow turns positive
- year 22
The deal
- Price
- $199,900
- Cash to close
- $45,977
- Price per unit
- $99,950
- GRM
- 9.4
Each month
- Cash flow
- −$243/mo
- Cash-on-cash
- −6.4%
- Cap rate
- 4.9%
- DSCR
- 0.77×
Break-even
- Price that breaks even
- $154,187
- Rent that breaks even
- $2,091/mo
Long run
- Year 30: property vs stocks
- $573K vs $447K
- Cash flow turns positive
- year 11
The deal
- Price
- $199,900
- Cash to close
- $45,977
- Price per unit
- $99,950
- GRM
- 9.4
Each month
- Cash flow
- −$393/mo
- Cash-on-cash
- −10.3%
- Cap rate
- 4.0%
- DSCR
- 0.63×
Break-even
- Price that breaks even
- $125,974
- Rent that breaks even
- $2,349/mo
Long run
- Year 30: property vs stocks
- $484K vs $591K
- Cash flow turns positive
- year 20
The deal
- Price
- $209,900
- Cash to close
- $58,772
- Price per unit
- $104,950
- GRM
- 9.9
Each month
- Cash flow
- −$227/mo
- Cash-on-cash
- −4.6%
- Cap rate
- 4.7%
- DSCR
- 0.78×
Break-even
- Price that breaks even
- $164,467
- Rent that breaks even
- $2,069/mo
Long run
- Year 30: property vs stocks
- $604K vs $534K
- Cash flow turns positive
- year 11
The deal
- Price
- $209,900
- Cash to close
- $58,772
- Price per unit
- $104,950
- GRM
- 9.9
Each month
- Cash flow
- −$377/mo
- Cash-on-cash
- −7.7%
- Cap rate
- 3.8%
- DSCR
- 0.64×
Break-even
- Price that breaks even
- $134,372
- Rent that breaks even
- $2,325/mo
Long run
- Year 30: property vs stocks
- $510K vs $673K
- Cash flow turns positive
- year 19
The deal
- Price
- $199,900
- Cash to close
- $55,972
- Price per unit
- $99,950
- GRM
- 9.4
Each month
- Cash flow
- −$177/mo
- Cash-on-cash
- −3.8%
- Cap rate
- 4.9%
- DSCR
- 0.82×
Break-even
- Price that breaks even
- $164,467
- Rent that breaks even
- $2,005/mo
Long run
- Year 30: property vs stocks
- $609K vs $483K
- Cash flow turns positive
- year 9
The deal
- Price
- $199,900
- Cash to close
- $55,972
- Price per unit
- $99,950
- GRM
- 9.4
Each month
- Cash flow
- −$327/mo
- Cash-on-cash
- −7.0%
- Cap rate
- 4.0%
- DSCR
- 0.67×
Break-even
- Price that breaks even
- $134,372
- Rent that breaks even
- $2,252/mo
Long run
- Year 30: property vs stocks
- $499K vs $607K
- Cash flow turns positive
- year 17
Monthly
Monthly breakdown
| Rent | $1,775 |
| Vacancy (6%) | −$106 |
| Collected | $1,668 |
| Property tax Listing | −$119 |
| Insurance Estimate | −$197 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$142 |
| Capital reserve (9% of rent) | −$160 |
| Net operating income | $821 |
| Mortgage (principal + interest) | −$1,257 |
| PMI | −$118 |
| Cash flow | −$554 |
| Principal paid down (equity, not cash) | $160 |
| Rent | $1,775 |
| Vacancy (6%) | −$106 |
| Collected | $1,668 |
| Property tax Listing | −$119 |
| Insurance Estimate | −$197 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$142 |
| Capital reserve (9% of rent) | −$160 |
| Property management | −$150 |
| Net operating income | $670 |
| Mortgage (principal + interest) | −$1,257 |
| PMI | −$118 |
| Cash flow | −$704 |
| Principal paid down (equity, not cash) | $160 |
| Rent | $1,775 |
| Vacancy (6%) | −$106 |
| Collected | $1,668 |
| Property tax Listing | −$119 |
| Insurance Estimate | −$197 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$142 |
| Capital reserve (9% of rent) | −$160 |
| Net operating income | $821 |
| Mortgage (principal + interest) | −$1,197 |
| PMI | −$112 |
| Cash flow | −$489 |
| Principal paid down (equity, not cash) | $152 |
| Rent | $1,775 |
| Vacancy (6%) | −$106 |
| Collected | $1,668 |
| Property tax Listing | −$119 |
| Insurance Estimate | −$197 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$142 |
| Capital reserve (9% of rent) | −$160 |
| Property management | −$150 |
| Net operating income | $670 |
| Mortgage (principal + interest) | −$1,197 |
| PMI | −$112 |
| Cash flow | −$639 |
| Principal paid down (equity, not cash) | $152 |
| Rent | $1,775 |
| Vacancy (6%) | −$106 |
| Collected | $1,668 |
| Property tax Listing | −$119 |
| Insurance Estimate | −$197 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$142 |
| Capital reserve (9% of rent) | −$160 |
| Net operating income | $821 |
| Mortgage (principal + interest) | −$1,117 |
| Cash flow | −$297 |
| Principal paid down (equity, not cash) | $142 |
| Rent | $1,775 |
| Vacancy (6%) | −$106 |
| Collected | $1,668 |
| Property tax Listing | −$119 |
| Insurance Estimate | −$197 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$142 |
| Capital reserve (9% of rent) | −$160 |
| Property management | −$150 |
| Net operating income | $670 |
| Mortgage (principal + interest) | −$1,117 |
| Cash flow | −$447 |
| Principal paid down (equity, not cash) | $142 |
| Rent | $1,775 |
| Vacancy (6%) | −$106 |
| Collected | $1,668 |
| Property tax Listing | −$119 |
| Insurance Estimate | −$197 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$142 |
| Capital reserve (9% of rent) | −$160 |
| Net operating income | $821 |
| Mortgage (principal + interest) | −$1,064 |
| Cash flow | −$243 |
| Principal paid down (equity, not cash) | $135 |
| Rent | $1,775 |
| Vacancy (6%) | −$106 |
| Collected | $1,668 |
| Property tax Listing | −$119 |
| Insurance Estimate | −$197 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$142 |
| Capital reserve (9% of rent) | −$160 |
| Property management | −$150 |
| Net operating income | $670 |
| Mortgage (principal + interest) | −$1,064 |
| Cash flow | −$393 |
| Principal paid down (equity, not cash) | $135 |
| Rent | $1,775 |
| Vacancy (6%) | −$106 |
| Collected | $1,668 |
| Property tax Listing | −$119 |
| Insurance Estimate | −$197 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$142 |
| Capital reserve (9% of rent) | −$160 |
| Net operating income | $821 |
| Mortgage (principal + interest) | −$1,047 |
| Cash flow | −$227 |
| Principal paid down (equity, not cash) | $133 |
| Rent | $1,775 |
| Vacancy (6%) | −$106 |
| Collected | $1,668 |
| Property tax Listing | −$119 |
| Insurance Estimate | −$197 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$142 |
| Capital reserve (9% of rent) | −$160 |
| Property management | −$150 |
| Net operating income | $670 |
| Mortgage (principal + interest) | −$1,047 |
| Cash flow | −$377 |
| Principal paid down (equity, not cash) | $133 |
| Rent | $1,775 |
| Vacancy (6%) | −$106 |
| Collected | $1,668 |
| Property tax Listing | −$119 |
| Insurance Estimate | −$197 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$142 |
| Capital reserve (9% of rent) | −$160 |
| Net operating income | $821 |
| Mortgage (principal + interest) | −$997 |
| Cash flow | −$177 |
| Principal paid down (equity, not cash) | $127 |
| Rent | $1,775 |
| Vacancy (6%) | −$106 |
| Collected | $1,668 |
| Property tax Listing | −$119 |
| Insurance Estimate | −$197 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$142 |
| Capital reserve (9% of rent) | −$160 |
| Property management | −$150 |
| Net operating income | $670 |
| Mortgage (principal + interest) | −$997 |
| Cash flow | −$327 |
| Principal paid down (equity, not cash) | $127 |
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
- $478,913
- Rental profits, invested at 7%
- $49,937
Sells for $509,482 (value up 3% a year), minus 6% selling cost ($30,569). Rent paid down $188,910 of loan.
$37,805 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $207,716
- Monthly shortfalls, invested
- $284,885
$27,287 put into an index fund instead of the down payment and closing costs.
$53,938 you'd have paid in while the building lost money, invested instead.
The building comes out $36,250 ahead after 30 years.
- Your equity when you sell
- $478,913
- Rental profits, invested at 7%
- $4,104
Sells for $509,482 (value up 3% a year), minus 6% selling cost ($30,569). Rent paid down $188,910 of loan.
$3,830 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $207,716
- Monthly shortfalls, invested
- $472,633
$27,287 put into an index fund instead of the down payment and closing costs.
$105,692 you'd have paid in while the building lost money, invested instead.
Stocks come out $197,332 ahead after 30 years.
- Your equity when you sell
- $456,097
- Rental profits, invested at 7%
- $66,377
Sells for $485,210 (value up 3% a year), minus 6% selling cost ($29,113). Rent paid down $179,910 of loan.
$47,948 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $197,820
- Monthly shortfalls, invested
- $231,712
$25,987 put into an index fund instead of the down payment and closing costs.
$42,255 you'd have paid in while the building lost money, invested instead.
The building comes out $92,942 ahead after 30 years.
- Your equity when you sell
- $456,097
- Rental profits, invested at 7%
- $8,725
Sells for $485,210 (value up 3% a year), minus 6% selling cost ($29,113). Rent paid down $179,910 of loan.
$7,771 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $197,820
- Monthly shortfalls, invested
- $407,642
$25,987 put into an index fund instead of the down payment and closing costs.
$87,808 you'd have paid in while the building lost money, invested instead.
Stocks come out $140,639 ahead after 30 years.
- Your equity when you sell
- $478,913
- Rental profits, invested at 7%
- $94,132
Sells for $509,482 (value up 3% a year), minus 6% selling cost ($30,569). Rent paid down $167,920 of loan.
$63,607 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $367,497
- Monthly shortfalls, invested
- $134,254
$48,277 put into an index fund instead of the down payment and closing costs.
$23,799 you'd have paid in while the building lost money, invested instead.
The building comes out $71,294 ahead after 30 years.
- Your equity when you sell
- $478,913
- Rental profits, invested at 7%
- $18,399
Sells for $509,482 (value up 3% a year), minus 6% selling cost ($30,569). Rent paid down $167,920 of loan.
$15,319 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $367,497
- Monthly shortfalls, invested
- $292,103
$48,277 put into an index fund instead of the down payment and closing costs.
$61,242 you'd have paid in while the building lost money, invested instead.
Stocks come out $162,287 ahead after 30 years.
- Your equity when you sell
- $456,097
- Rental profits, invested at 7%
- $117,199
Sells for $485,210 (value up 3% a year), minus 6% selling cost ($29,113). Rent paid down $159,920 of loan.
$75,501 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $349,989
- Monthly shortfalls, invested
- $96,991
$45,977 put into an index fund instead of the down payment and closing costs.
$16,533 you'd have paid in while the building lost money, invested instead.
The building comes out $126,318 ahead after 30 years.
- Your equity when you sell
- $456,097
- Rental profits, invested at 7%
- $27,540
Sells for $485,210 (value up 3% a year), minus 6% selling cost ($29,113). Rent paid down $159,920 of loan.
$21,861 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $349,989
- Monthly shortfalls, invested
- $240,912
$45,977 put into an index fund instead of the down payment and closing costs.
$48,623 you'd have paid in while the building lost money, invested instead.
Stocks come out $107,264 ahead after 30 years.
- Your equity when you sell
- $478,913
- Rental profits, invested at 7%
- $125,365
Sells for $509,482 (value up 3% a year), minus 6% selling cost ($30,569). Rent paid down $157,425 of loan.
$79,485 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $447,387
- Monthly shortfalls, invested
- $86,341
$58,772 put into an index fund instead of the down payment and closing costs.
$14,541 you'd have paid in while the building lost money, invested instead.
The building comes out $70,551 ahead after 30 years.
- Your equity when you sell
- $478,913
- Rental profits, invested at 7%
- $30,922
Sells for $509,482 (value up 3% a year), minus 6% selling cost ($30,569). Rent paid down $157,425 of loan.
$24,166 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $447,387
- Monthly shortfalls, invested
- $225,478
$58,772 put into an index fund instead of the down payment and closing costs.
$44,952 you'd have paid in while the building lost money, invested instead.
Stocks come out $163,031 ahead after 30 years.
- Your equity when you sell
- $456,097
- Rental profits, invested at 7%
- $152,578
Sells for $485,210 (value up 3% a year), minus 6% selling cost ($29,113). Rent paid down $149,925 of loan.
$92,137 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $426,073
- Monthly shortfalls, invested
- $56,992
$55,972 put into an index fund instead of the down payment and closing costs.
$9,230 you'd have paid in while the building lost money, invested instead.
The building comes out $125,609 ahead after 30 years.
- Your equity when you sell
- $456,097
- Rental profits, invested at 7%
- $42,761
Sells for $485,210 (value up 3% a year), minus 6% selling cost ($29,113). Rent paid down $149,925 of loan.
$31,845 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $426,073
- Monthly shortfalls, invested
- $180,757
$55,972 put into an index fund instead of the down payment and closing costs.
$34,668 you'd have paid in while the building lost money, invested instead.
Stocks come out $107,972 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 $529K, stocks $493K. The property wins.
Year 30 (loan paid off): property $483K, stocks $680K. Stocks win.
Year 30 (loan paid off): property $522K, stocks $430K. The property wins.
Year 30 (loan paid off): property $465K, stocks $605K. Stocks win.
Year 30 (loan paid off): property $573K, stocks $502K. The property wins.
Year 30 (loan paid off): property $497K, stocks $660K. Stocks win.
Year 30 (loan paid off): property $573K, stocks $447K. The property wins.
Year 30 (loan paid off): property $484K, stocks $591K. Stocks win.
Year 30 (loan paid off): property $604K, stocks $534K. The property wins.
Year 30 (loan paid off): property $510K, stocks $673K. Stocks win.
Year 30 (loan paid off): property $609K, stocks $483K. The property wins.
Year 30 (loan paid off): property $499K, stocks $607K. Stocks win.
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.
2 bed / 1 bath estimate $975/mo · range $750–$1,200
| Address | Rent | Bd / Ba | Distance | Match |
|---|---|---|---|---|
| 1120 Pine St, Brainerd 56401 off market | $825 | 2 / 1 | 0.2 mi | 94% |
| 922 Broadway St, Brainerd 56401 | $995 | 2 / 1 | 0.3 mi | 94% |
| 916 S 6th St, Brainerd 56401 off market | $850 | 2 / 1 | 0.4 mi | 93% |
| 1509 Norwood St, Brainerd 56401 | $895 | 2 / 1 | 0.5 mi | 93% |
| 1702 Norwood St, Brainerd 56401 off market | $925 | 2 / 1 | 0.6 mi | 93% |
| 501 3rd Ave NE, Brainerd 56401 off market | $995 | 2 / 1 | 0.9 mi | 93% |
| 2100 Breilly Ct, Unit 2219, Brainerd 56401 | $1,449 | 2 / 1 | 0.9 mi | 93% |
| 323 4th Ave NE, Brainerd 56401 off market | $695 | 2 / 1 | 0.9 mi | 93% |
| 2100 Breilly Ct, Unit 2206, Brainerd 56401 off market | $1,399 | 2 / 1 | 0.9 mi | 93% |
| 416 D St NE, Brainerd 56401 off market | $785 | 2 / 1 | 0.9 mi | 93% |
1 bed / 1 bath estimate $800/mo · range $625–$950
| Address | Rent | Bd / Ba | Distance | Match |
|---|---|---|---|---|
| 720 1/2 Laurel St, Brainerd 56401 off market | $625 | 1 / 1 | 0.2 mi | 94% |
| 301 S 7th St, Brainerd 56401 | $625 | 1 / 1 | 0.2 mi | 94% |
| 214 S 8th St, Brainerd 56401 | $620 | 1 / 1 | 0.3 mi | 94% |
| 217 S 7th St, Brainerd 56401 off market | $595 | 1 / 1 | 0.3 mi | 94% |
| 215 N 6th St, Brainerd 56401 off market | $885 | 1 / 1 | 0.5 mi | 93% |
| 215 N 5th St, Brainerd 56401 off market | $795 | 1 / 1 | 0.5 mi | 93% |
| 703 N 4th St, Brainerd 56401 off market | $850 | 1 / 1 | 0.8 mi | 93% |
| 500 Nw 4th St, Apt 103, Brainerd 56401 off market | $1,150 | 1 / 1 | 1.1 mi | 92% |
| 732 F St NE, Brainerd 56401 off market | $850 | 1 / 1 | 1.2 mi | 92% |
| 1102 15th Ave NE, Brainerd 56401 off market | $895 | 1 / 1 | 1.8 mi | 91% |
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, leases or tenant details given, so income is unverified Based on: data: rent_estimate · AI review
- highPrice is far above break-even; negative cash flow at ask 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 519 9TH ST S
- mediumBuilt 1888 with no info on roof, foundation, plumbing or heating system age Based on: data: listing.year_built · AI review
- lowUpper unit heated by a gas wall-mount heater; check condition, venting and whether the lower unit has separate heat Listing says: a gas wall mount heater · AI review
Opportunities
- Long time on market: room to negotiate. Based on: Listing data: 184 days on market
- 184 days on market suggests room to negotiate toward break-even Based on: data: listing.days_on_market · AI review
- Separate laundry in each unit may support rent and reduce turnover Listing says: a stackable washer/dryer · AI review
Questions for the agent
- What are current rents, lease end dates and deposits for each unit?
- Who pays heat, electric, water and trash, and are meters separate?
- What are the actual property taxes and any special assessments?
- How old are the roof, siding, wall heater and electrical panel?
- Is the lower unit legal, with egress windows, and does the city require a rental license?
- Why has it sat 184 days, and have there been price cuts or offers?
Bottom line
An old, small duplex that loses money at the ask; only interesting if the price drops toward $155K and the rents check out. AI-assisted summary
What the records say
Where each number comes from
| Property tax / yr Listinglisting, tax year 2025. 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. | $1,426 |
| Insurance / yr Estimateestimate. from units, square feet and age; get a quote | $2,367 |
| 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 1888: +1 pt capital reserve | 8% / 9% |
Price history Realtor.com
On the market since 2026-04-04 (184 days).
| Date | Event | Price |
|---|---|---|
| Listed | $209,900 |
From the listing Listing
| Listed as | duplex up and down |
| Property tax, 2025 | $1,426 |
| County | Crow Wing |
| Parcel number | 41240987 |
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 Brainerd on rental licensing before you buy.