6117 France Ave S
Duplex · 2 units: 4 bed / 2 bath ×2 unit split estimated · 4,482 sq ft
Edina, MN · View the listing ↗
Photos courtesy of Fish Mls Realty - Broker, via Realtor.com.
- Asking price
- $619,500 2 units · $310K per unit
- Monthly cash flow
- $439 at 20% down, 7%
- Estimated rent
- $6,300/mo low confidence
- Break-even price
- $701,897 where cash flow hits $0
First look
This is a side-by-side Edina duplex with two big 4-bed/2-bath units, asking $619,500. Our underwriting at 20% down and the ask price shows about $439/mo cash flow and a 7.24% cap rate, using rent estimates of $3,150 per unit. That only works if those rents are real, because the listing states none. Tenants pay all utilities and each unit has its own garage and washer/dryer, which keeps owner costs low. Taxes are unverified because the parcel didn't match, so get the real tax bill first. The photos show a clean, cosmetic refresh, so check the systems behind it. It's worth a showing if the rents and taxes hold up.
Things to consider
- Rents are unproven Cash flow of about $439/mo depends on our $3,150-per-unit estimate. If actual rents are lower, the deal weakens quickly at this price.
- Taxes are unknown The parcel didn't match, so the real tax bill, especially the non-homestead rate, could cut cash flow materially.
- Bedroom count needs verification Eight beds in the listing may include basement rooms that lack egress. A smaller legal count would reduce rents and may affect licensing.Listing says: “additional basement family room and private office/den”
- Updates look cosmetic Paint, flooring and counters are cheap to refresh but say nothing of the roof, mechanicals or foundation. Budget for an inspection.From photo 10
- Low owner expenses Separate meters and tenant-paid utilities, lawn and snow reduce costs and make the numbers easier to forecast.Listing says: “so tenants cover all utilities, lawn care, and snow removal”
- Break-even price is above the ask Our break-even is about $702K against the $619.5K ask, giving some cushion if the rents and taxes check out.
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
- doneFresh interior and exterior paintListing says: It received fresh interior/exterior paint and brand-new luxury vinyl plank flooring in the lower levels.
- doneKitchens renovated with granite counters and stainless appliancesListing says: Both units have been renovated with granite countertops and updated stainless steel appliances.
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
- $619,500
- Cash to close
- $80,535
- Price per unit
- $309,750
- GRM
- 8.2
Each month
- Cash flow
- −$322/mo
- Cash-on-cash
- −4.8%
- Cap rate
- 7.2%
- DSCR
- 0.92×
Break-even
- Price that breaks even
- $570,331
- Rent that breaks even
- $6,718/mo
Long run
- Year 30: property vs stocks
- $2.86M vs $666K
- Cash flow turns positive
- year 4
The deal
- Price
- $619,500
- Cash to close
- $80,535
- Price per unit
- $309,750
- GRM
- 8.2
Each month
- Cash flow
- −$855/mo
- Cash-on-cash
- −12.7%
- Cap rate
- 6.2%
- DSCR
- 0.79×
Break-even
- Price that breaks even
- $488,962
- Rent that breaks even
- $7,548/mo
Long run
- Year 30: property vs stocks
- $2.21M vs $847K
- Cash flow turns positive
- year 7
The deal
- Price
- $609,500
- Cash to close
- $79,235
- Price per unit
- $304,750
- GRM
- 8.1
Each month
- Cash flow
- −$257/mo
- Cash-on-cash
- −3.9%
- Cap rate
- 7.4%
- DSCR
- 0.94×
Break-even
- Price that breaks even
- $570,331
- Rent that breaks even
- $6,633/mo
Long run
- Year 30: property vs stocks
- $2.89M vs $640K
- Cash flow turns positive
- year 4
The deal
- Price
- $609,500
- Cash to close
- $79,235
- Price per unit
- $304,750
- GRM
- 8.1
Each month
- Cash flow
- −$790/mo
- Cash-on-cash
- −12.0%
- Cap rate
- 6.3%
- DSCR
- 0.80×
Break-even
- Price that breaks even
- $488,962
- Rent that breaks even
- $7,452/mo
Long run
- Year 30: property vs stocks
- $2.24M vs $812K
- Cash flow turns positive
- year 6
The deal
- Price
- $619,500
- Cash to close
- $142,485
- Price per unit
- $309,750
- GRM
- 8.2
Each month
- Cash flow
- $439/mo
- Cash-on-cash
- 3.7%
- Cap rate
- 7.2%
- DSCR
- 1.13×
Break-even
- Price that breaks even
- $701,897
- Rent that breaks even
- $5,730/mo
Long run
- Year 30: property vs stocks
- $3.38M vs $1.08M
- Cash flow turns positive
- year 1
The deal
- Price
- $619,500
- Cash to close
- $142,485
- Price per unit
- $309,750
- GRM
- 8.2
Each month
- Cash flow
- −$94/mo
- Cash-on-cash
- −0.8%
- Cap rate
- 6.2%
- DSCR
- 0.97×
Break-even
- Price that breaks even
- $601,759
- Rent that breaks even
- $6,438/mo
Long run
- Year 30: property vs stocks
- $2.56M vs $1.09M
- Cash flow turns positive
- year 3
The deal
- Price
- $609,500
- Cash to close
- $140,185
- Price per unit
- $304,750
- GRM
- 8.1
Each month
- Cash flow
- $492/mo
- Cash-on-cash
- 4.2%
- Cap rate
- 7.4%
- DSCR
- 1.15×
Break-even
- Price that breaks even
- $701,897
- Rent that breaks even
- $5,661/mo
Long run
- Year 30: property vs stocks
- $3.42M vs $1.07M
- Cash flow turns positive
- year 1
The deal
- Price
- $609,500
- Cash to close
- $140,185
- Price per unit
- $304,750
- GRM
- 8.1
Each month
- Cash flow
- −$41/mo
- Cash-on-cash
- −0.4%
- Cap rate
- 6.3%
- DSCR
- 0.99×
Break-even
- Price that breaks even
- $601,759
- Rent that breaks even
- $6,360/mo
Long run
- Year 30: property vs stocks
- $2.60M vs $1.07M
- Cash flow turns positive
- year 2
The deal
- Price
- $619,500
- Cash to close
- $173,460
- Price per unit
- $309,750
- GRM
- 8.2
Each month
- Cash flow
- $645/mo
- Cash-on-cash
- 4.5%
- Cap rate
- 7.2%
- DSCR
- 1.21×
Break-even
- Price that breaks even
- $748,690
- Rent that breaks even
- $5,463/mo
Long run
- Year 30: property vs stocks
- $3.62M vs $1.32M
- Cash flow turns positive
- year 1
The deal
- Price
- $619,500
- Cash to close
- $173,460
- Price per unit
- $309,750
- GRM
- 8.2
Each month
- Cash flow
- $112/mo
- Cash-on-cash
- 0.8%
- Cap rate
- 6.2%
- DSCR
- 1.04×
Break-even
- Price that breaks even
- $641,876
- Rent that breaks even
- $6,137/mo
Long run
- Year 30: property vs stocks
- $2.79M vs $1.32M
- Cash flow turns positive
- year 1
The deal
- Price
- $609,500
- Cash to close
- $170,660
- Price per unit
- $304,750
- GRM
- 8.1
Each month
- Cash flow
- $695/mo
- Cash-on-cash
- 4.9%
- Cap rate
- 7.4%
- DSCR
- 1.23×
Break-even
- Price that breaks even
- $748,690
- Rent that breaks even
- $5,398/mo
Long run
- Year 30: property vs stocks
- $3.65M vs $1.30M
- Cash flow turns positive
- year 1
The deal
- Price
- $609,500
- Cash to close
- $170,660
- Price per unit
- $304,750
- GRM
- 8.1
Each month
- Cash flow
- $162/mo
- Cash-on-cash
- 1.1%
- Cap rate
- 6.3%
- DSCR
- 1.05×
Break-even
- Price that breaks even
- $641,876
- Rent that breaks even
- $6,064/mo
Long run
- Year 30: property vs stocks
- $2.82M vs $1.30M
- Cash flow turns positive
- year 1
Monthly
Monthly breakdown
| Rent | $6,300 |
| Vacancy (6%) | −$378 |
| Collected | $5,922 |
| Property tax Listing | −$642 |
| Insurance Estimate | −$243 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (9% of rent) | −$567 |
| Capital reserve (8% of rent) | −$504 |
| Net operating income | $3,736 |
| Mortgage (principal + interest) | −$3,709 |
| PMI | −$348 |
| Cash flow | −$322 |
| Principal paid down (equity, not cash) | $472 |
| Rent | $6,300 |
| Vacancy (6%) | −$378 |
| Collected | $5,922 |
| Property tax Listing | −$642 |
| Insurance Estimate | −$243 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (9% of rent) | −$567 |
| Capital reserve (8% of rent) | −$504 |
| Property management | −$533 |
| Net operating income | $3,203 |
| Mortgage (principal + interest) | −$3,709 |
| PMI | −$348 |
| Cash flow | −$855 |
| Principal paid down (equity, not cash) | $472 |
| Rent | $6,300 |
| Vacancy (6%) | −$378 |
| Collected | $5,922 |
| Property tax Listing | −$642 |
| Insurance Estimate | −$243 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (9% of rent) | −$567 |
| Capital reserve (8% of rent) | −$504 |
| Net operating income | $3,736 |
| Mortgage (principal + interest) | −$3,650 |
| PMI | −$343 |
| Cash flow | −$257 |
| Principal paid down (equity, not cash) | $464 |
| Rent | $6,300 |
| Vacancy (6%) | −$378 |
| Collected | $5,922 |
| Property tax Listing | −$642 |
| Insurance Estimate | −$243 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (9% of rent) | −$567 |
| Capital reserve (8% of rent) | −$504 |
| Property management | −$533 |
| Net operating income | $3,203 |
| Mortgage (principal + interest) | −$3,650 |
| PMI | −$343 |
| Cash flow | −$790 |
| Principal paid down (equity, not cash) | $464 |
| Rent | $6,300 |
| Vacancy (6%) | −$378 |
| Collected | $5,922 |
| Property tax Listing | −$642 |
| Insurance Estimate | −$243 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (9% of rent) | −$567 |
| Capital reserve (8% of rent) | −$504 |
| Net operating income | $3,736 |
| Mortgage (principal + interest) | −$3,297 |
| Cash flow | $439 |
| Principal paid down (equity, not cash) | $420 |
| Rent | $6,300 |
| Vacancy (6%) | −$378 |
| Collected | $5,922 |
| Property tax Listing | −$642 |
| Insurance Estimate | −$243 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (9% of rent) | −$567 |
| Capital reserve (8% of rent) | −$504 |
| Property management | −$533 |
| Net operating income | $3,203 |
| Mortgage (principal + interest) | −$3,297 |
| Cash flow | −$94 |
| Principal paid down (equity, not cash) | $420 |
| Rent | $6,300 |
| Vacancy (6%) | −$378 |
| Collected | $5,922 |
| Property tax Listing | −$642 |
| Insurance Estimate | −$243 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (9% of rent) | −$567 |
| Capital reserve (8% of rent) | −$504 |
| Net operating income | $3,736 |
| Mortgage (principal + interest) | −$3,244 |
| Cash flow | $492 |
| Principal paid down (equity, not cash) | $413 |
| Rent | $6,300 |
| Vacancy (6%) | −$378 |
| Collected | $5,922 |
| Property tax Listing | −$642 |
| Insurance Estimate | −$243 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (9% of rent) | −$567 |
| Capital reserve (8% of rent) | −$504 |
| Property management | −$533 |
| Net operating income | $3,203 |
| Mortgage (principal + interest) | −$3,244 |
| Cash flow | −$41 |
| Principal paid down (equity, not cash) | $413 |
| Rent | $6,300 |
| Vacancy (6%) | −$378 |
| Collected | $5,922 |
| Property tax Listing | −$642 |
| Insurance Estimate | −$243 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (9% of rent) | −$567 |
| Capital reserve (8% of rent) | −$504 |
| Net operating income | $3,736 |
| Mortgage (principal + interest) | −$3,091 |
| Cash flow | $645 |
| Principal paid down (equity, not cash) | $393 |
| Rent | $6,300 |
| Vacancy (6%) | −$378 |
| Collected | $5,922 |
| Property tax Listing | −$642 |
| Insurance Estimate | −$243 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (9% of rent) | −$567 |
| Capital reserve (8% of rent) | −$504 |
| Property management | −$533 |
| Net operating income | $3,203 |
| Mortgage (principal + interest) | −$3,091 |
| Cash flow | $112 |
| Principal paid down (equity, not cash) | $393 |
| Rent | $6,300 |
| Vacancy (6%) | −$378 |
| Collected | $5,922 |
| Property tax Listing | −$642 |
| Insurance Estimate | −$243 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (9% of rent) | −$567 |
| Capital reserve (8% of rent) | −$504 |
| Net operating income | $3,736 |
| Mortgage (principal + interest) | −$3,041 |
| Cash flow | $695 |
| Principal paid down (equity, not cash) | $387 |
| Rent | $6,300 |
| Vacancy (6%) | −$378 |
| Collected | $5,922 |
| Property tax Listing | −$642 |
| Insurance Estimate | −$243 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (9% of rent) | −$567 |
| Capital reserve (8% of rent) | −$504 |
| Property management | −$533 |
| Net operating income | $3,203 |
| Mortgage (principal + interest) | −$3,041 |
| Cash flow | $162 |
| Principal paid down (equity, not cash) | $387 |
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
- $1,413,468
- Rental profits, invested at 7%
- $1,448,395
Sells for $1,503,689 (value up 3% a year), minus 6% selling cost ($90,221). Rent paid down $557,550 of loan.
$734,236 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $613,053
- Monthly shortfalls, invested
- $52,605
$80,535 put into an index fund instead of the down payment and closing costs.
$7,725 you'd have paid in while the building lost money, invested instead.
The building comes out $2,196,204 ahead after 30 years.
- Your equity when you sell
- $1,413,468
- Rental profits, invested at 7%
- $801,067
Sells for $1,503,689 (value up 3% a year), minus 6% selling cost ($90,221). Rent paid down $557,550 of loan.
$458,522 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $613,053
- Monthly shortfalls, invested
- $234,327
$80,535 put into an index fund instead of the down payment and closing costs.
$36,292 you'd have paid in while the building lost money, invested instead.
The building comes out $1,367,155 ahead after 30 years.
- Your equity when you sell
- $1,390,651
- Rental profits, invested at 7%
- $1,502,305
Sells for $1,479,416 (value up 3% a year), minus 6% selling cost ($88,765). Rent paid down $548,550 of loan.
$753,704 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $603,157
- Monthly shortfalls, invested
- $36,903
$79,235 put into an index fund instead of the down payment and closing costs.
$5,367 you'd have paid in while the building lost money, invested instead.
The building comes out $2,252,897 ahead after 30 years.
- Your equity when you sell
- $1,390,651
- Rental profits, invested at 7%
- $844,800
Sells for $1,479,416 (value up 3% a year), minus 6% selling cost ($88,765). Rent paid down $548,550 of loan.
$476,147 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $603,157
- Monthly shortfalls, invested
- $208,447
$79,235 put into an index fund instead of the down payment and closing costs.
$32,091 you'd have paid in while the building lost money, invested instead.
The building comes out $1,423,848 ahead after 30 years.
- Your equity when you sell
- $1,413,468
- Rental profits, invested at 7%
- $1,970,800
Sells for $1,503,689 (value up 3% a year), minus 6% selling cost ($90,221). Rent paid down $495,600 of loan.
$891,614 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $1,084,632
$142,485 put into an index fund instead of the down payment and closing costs.
The building comes out $2,299,635 ahead after 30 years.
- Your equity when you sell
- $1,413,468
- Rental profits, invested at 7%
- $1,150,124
Sells for $1,503,689 (value up 3% a year), minus 6% selling cost ($90,221). Rent paid down $495,600 of loan.
$588,513 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $1,084,632
- Monthly shortfalls, invested
- $8,374
$142,485 put into an index fund instead of the down payment and closing costs.
$1,180 you'd have paid in while the building lost money, invested instead.
The building comes out $1,470,586 ahead after 30 years.
- Your equity when you sell
- $1,390,651
- Rental profits, invested at 7%
- $2,031,131
Sells for $1,479,416 (value up 3% a year), minus 6% selling cost ($88,765). Rent paid down $487,600 of loan.
$910,774 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $1,067,124
$140,185 put into an index fund instead of the down payment and closing costs.
The building comes out $2,354,658 ahead after 30 years.
- Your equity when you sell
- $1,390,651
- Rental profits, invested at 7%
- $1,205,599
Sells for $1,479,416 (value up 3% a year), minus 6% selling cost ($88,765). Rent paid down $487,600 of loan.
$606,988 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $1,067,124
- Monthly shortfalls, invested
- $3,518
$140,185 put into an index fund instead of the down payment and closing costs.
$494 you'd have paid in while the building lost money, invested instead.
The building comes out $1,525,609 ahead after 30 years.
- Your equity when you sell
- $1,413,468
- Rental profits, invested at 7%
- $2,204,394
Sells for $1,503,689 (value up 3% a year), minus 6% selling cost ($90,221). Rent paid down $464,625 of loan.
$965,801 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $1,320,422
$173,460 put into an index fund instead of the down payment and closing costs.
The building comes out $2,297,440 ahead after 30 years.
- Your equity when you sell
- $1,413,468
- Rental profits, invested at 7%
- $1,375,345
Sells for $1,503,689 (value up 3% a year), minus 6% selling cost ($90,221). Rent paid down $464,625 of loan.
$661,520 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $1,320,422
$173,460 put into an index fund instead of the down payment and closing costs.
The building comes out $1,468,391 ahead after 30 years.
- Your equity when you sell
- $1,390,651
- Rental profits, invested at 7%
- $2,260,955
Sells for $1,479,416 (value up 3% a year), minus 6% selling cost ($88,765). Rent paid down $457,125 of loan.
$983,765 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $1,299,107
$170,660 put into an index fund instead of the down payment and closing costs.
The building comes out $2,352,499 ahead after 30 years.
- Your equity when you sell
- $1,390,651
- Rental profits, invested at 7%
- $1,431,906
Sells for $1,479,416 (value up 3% a year), minus 6% selling cost ($88,765). Rent paid down $457,125 of loan.
$679,484 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $1,299,107
$170,660 put into an index fund instead of the down payment and closing costs.
The building comes out $1,523,450 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 $2.86M, stocks $666K. The property wins.
Year 30 (loan paid off): property $2.21M, stocks $847K. The property wins.
Year 30 (loan paid off): property $2.89M, stocks $640K. The property wins.
Year 30 (loan paid off): property $2.24M, stocks $812K. The property wins.
Year 30 (loan paid off): property $3.38M, stocks $1.08M. The property wins.
Year 30 (loan paid off): property $2.56M, stocks $1.09M. The property wins.
Year 30 (loan paid off): property $3.42M, stocks $1.07M. The property wins.
Year 30 (loan paid off): property $2.60M, stocks $1.07M. The property wins.
Year 30 (loan paid off): property $3.62M, stocks $1.32M. The property wins.
Year 30 (loan paid off): property $2.79M, stocks $1.32M. The property wins.
Year 30 (loan paid off): property $3.65M, stocks $1.30M. The property wins.
Year 30 (loan paid off): property $2.82M, stocks $1.30M. 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.
4 bed / 2 bath estimate $3,150/mo · range $2,825–$3,150
| Address | Rent | Bd / Ba | Distance | Match |
|---|---|---|---|---|
| 3617 W 54th St, Edina 55410 off market | $3,300 | 4 / 2 | 0.9 mi | 84% |
| 6116 Zenith Ave S, Edina 55410 off market | $3,145 | 4 / 2 | 0.3 mi | 79% |
| 3 Edina Ct, Edina 55424 off market | $6,995 | 4 / 2.5 | 1.6 mi | 79% |
| 6314 Knox Ave S, Richfield 55423 off market | $2,595 | 4 / 2 | 1.3 mi | 78% |
| 6120 Washburn Ave S, Minneapolis 55410 off market | $4,000 | 4 / 2 | 0.5 mi | 76% |
| 4809 Wilford Way, Edina 55435 off market | $4,800 | 4 / 3.5 | 1.3 mi | 76% |
| 5252 Drew Ave S, Unit 1369957P, Minneapolis 55410 off market | $4,918 | 3 / 2 | 1.1 mi | 75% |
| 6317 Xerxes Ave S, Richfield 55423 off market | $2,225 | 3 / 2 | 0.6 mi | 75% |
| 6017 Halifax Ave S, Minneapolis 55424 off market | $3,995 | 4 / 2 | 0.1 mi | 74% |
| 4225 Valley View Rd, Edina 55424 | $2,350 | 3 / 2 | 0.3 mi | 74% |
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 status or occupancy given. The 'cash flow potential' claim rests on our rent estimates alone. Listing says: checks all the boxes for location, condition, and cash flow potential · 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 6117 FRANCE AVE S
- mediumTaxes and unit count are unverified, and Edina non-homestead taxes on a $600K+ property can be large. Based on: data: county.tax · AI review
- mediumThe '4-bed' count may include a basement office/den or family room. Basement rooms may lack egress, which would lower the real bedroom count and rent. Listing says: additional basement family room and private office/den · AI review
- lowThe highway is about 430 m away, so noise and traffic may affect rents and tenant appeal. Based on: data: highway.distance_m · AI review
Opportunities
- Tenants cover all utilities, lawn care and snow removal, so owner operating costs are low. Listing says: so tenants cover all utilities, lawn care, and snow removal · AI review
- Edina school district and proximity to Southdale support tenant demand and rent levels. Listing says: in the sought-after Edina school district · AI review
- There's no rent cap, so rents can follow the market. Based on: data: underwriting.rent_rule · AI review
Questions for the agent
- Are both units occupied? What are the current rents, lease end dates and deposits?
- What are the actual property taxes, and is any special assessment pending?
- Do the basement rooms have egress windows and closets? Are the units licensed as 4-bedroom rentals in Edina?
- How old are the roof, furnaces, water heaters and electrical panels?
- Are the gas, electric and water meters truly separate? Please provide the last 12 months of utility and maintenance records.
- Why is the seller selling, and has the property been rented before at what rents?
Bottom line
Cleanly refreshed Edina duplex that could cash flow modestly if the rents are real, but the listing gives no rents and unverified taxes. 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. | $7,702 |
| Insurance / yr Estimateestimate. from units, square feet and age; get a quote | $2,920 |
| 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. 8 bedrooms: +1 pt repairs for wear | 9% / 8% |
Price history Realtor.com
On the market since 2026-09-25 (10 days); last sold for $520,000 on 2021-06-10.
| Date | Event | Price |
|---|---|---|
| Listed | $619,500 | |
| Sold public record | $520,000 | |
| Price changed | $520,000 | |
| Listed | $549,900 | |
| Sold public record | $305,000 |
From the listing Listing
| Listed as | duplex side x side |
| Property tax, 2026 | $7,702 |
| County | Hennepin |
| Parcel number | 2002824330100 |
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 Edina on rental licensing before you buy.
Nearest highway
MN 62, about 426 m away.