6980 Alpine Trl
Duplex · 2 units: 3 bed / 2 bath ×2 unit split estimated · 2,544 sq ft
Eden Prairie, MN · View the listing ↗
Photos courtesy of Keller Williams Realty, via Realtor.com.
- Asking price
- $550,000 2 units · $275K per unit
- Monthly cash flow
- −$26 at 20% down, 7%
- Estimated rent
- $5,050/mo medium confidence
- Break-even price
- $545,100 where cash flow hits $0
First look
This is a side-by-side Eden Prairie duplex, two 3-bed/2-bath units at $550K. Our rents of about $2,525 each put the cap rate near 6.3% and cash flow at about -$26/month with 20% down, so it doesn't quite work at the ask. Break-even price is about $545K, so you'd need a small cut just to hit zero. The listing gives no rents, no taxes and no systems info, and the county parcel didn't match, so taxes and unit count are unverified. One unit is vacant, which helps if you want to set your own rent. Verify taxes, the furnace and water heater ages, the roof and the rental license before a showing.
Things to consider
- Numbers don't work at the ask Cash flow is slightly negative and the cap rate is about 6.3% at today's rates. You need a price near or below break-even, or higher rents than our mid estimate.
- Rents are unproven The listing states no rents and one unit is vacant. Our estimate has a wide range ($2,075 to $3,900 per unit), so verify with comps and the occupied unit's lease.
- Taxes and unit count are unverified The county parcel didn't match, so the tax bill an investor would pay is unknown and could swing cash flow either way.
- Building systems are unknown for a 1966 build A roof, furnace or panel replacement could be a five-figure hit. The listing mentions only carpet and paint.Listing says: “New carpet and freshly painted inside and out.”
- Kitchens look dated Original-era oak cabinets and laminate counters limit the top of the rent range until updated.From photo 4
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 carpet and fresh paint inside and outListing says: New carpet and freshly painted inside and out.
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
- 9.1
Each month
- Cash flow
- −$701/mo
- Cash-on-cash
- −11.8%
- Cap rate
- 6.3%
- DSCR
- 0.81×
Break-even
- Price that breaks even
- $442,924
- Rent that breaks even
- $5,949/mo
Long run
- Year 30: property vs stocks
- $2.03M vs $728K
- Cash flow turns positive
- year 6
The deal
- Price
- $550,000
- Cash to close
- $71,500
- Price per unit
- $275,000
- GRM
- 9.1
Each month
- Cash flow
- −$1,129/mo
- Cash-on-cash
- −18.9%
- Cap rate
- 5.4%
- DSCR
- 0.69×
Break-even
- Price that breaks even
- $377,700
- Rent that breaks even
- $6,673/mo
Long run
- Year 30: property vs stocks
- $1.61M vs $980K
- Cash flow turns positive
- year 12
The deal
- Price
- $540,000
- Cash to close
- $70,200
- Price per unit
- $270,000
- GRM
- 8.9
Each month
- Cash flow
- −$636/mo
- Cash-on-cash
- −10.9%
- Cap rate
- 6.4%
- DSCR
- 0.82×
Break-even
- Price that breaks even
- $442,924
- Rent that breaks even
- $5,865/mo
Long run
- Year 30: property vs stocks
- $2.05M vs $695K
- Cash flow turns positive
- year 5
The deal
- Price
- $540,000
- Cash to close
- $70,200
- Price per unit
- $270,000
- GRM
- 8.9
Each month
- Cash flow
- −$1,063/mo
- Cash-on-cash
- −18.2%
- Cap rate
- 5.5%
- DSCR
- 0.70×
Break-even
- Price that breaks even
- $377,700
- Rent that breaks even
- $6,579/mo
Long run
- Year 30: property vs stocks
- $1.62M vs $928K
- Cash flow turns positive
- year 11
The deal
- Price
- $550,000
- Cash to close
- $126,500
- Price per unit
- $275,000
- GRM
- 9.1
Each month
- Cash flow
- −$26/mo
- Cash-on-cash
- −0.2%
- Cap rate
- 6.3%
- DSCR
- 0.99×
Break-even
- Price that breaks even
- $545,100
- Rent that breaks even
- $5,083/mo
Long run
- Year 30: property vs stocks
- $2.36M vs $965K
- Cash flow turns positive
- year 2
The deal
- Price
- $550,000
- Cash to close
- $126,500
- Price per unit
- $275,000
- GRM
- 9.1
Each month
- Cash flow
- −$453/mo
- Cash-on-cash
- −4.3%
- Cap rate
- 5.4%
- DSCR
- 0.85×
Break-even
- Price that breaks even
- $464,830
- Rent that breaks even
- $5,702/mo
Long run
- Year 30: property vs stocks
- $1.82M vs $1.09M
- Cash flow turns positive
- year 8
The deal
- Price
- $540,000
- Cash to close
- $124,200
- Price per unit
- $270,000
- GRM
- 8.9
Each month
- Cash flow
- $27/mo
- Cash-on-cash
- 0.3%
- Cap rate
- 6.4%
- DSCR
- 1.01×
Break-even
- Price that breaks even
- $545,100
- Rent that breaks even
- $5,015/mo
Long run
- Year 30: property vs stocks
- $2.39M vs $945K
- Cash flow turns positive
- year 1
The deal
- Price
- $540,000
- Cash to close
- $124,200
- Price per unit
- $270,000
- GRM
- 8.9
Each month
- Cash flow
- −$400/mo
- Cash-on-cash
- −3.9%
- Cap rate
- 5.5%
- DSCR
- 0.86×
Break-even
- Price that breaks even
- $464,830
- Rent that breaks even
- $5,625/mo
Long run
- Year 30: property vs stocks
- $1.83M vs $1.05M
- Cash flow turns positive
- year 7
The deal
- Price
- $550,000
- Cash to close
- $154,000
- Price per unit
- $275,000
- GRM
- 9.1
Each month
- Cash flow
- $157/mo
- Cash-on-cash
- 1.2%
- Cap rate
- 6.3%
- DSCR
- 1.06×
Break-even
- Price that breaks even
- $581,440
- Rent that breaks even
- $4,849/mo
Long run
- Year 30: property vs stocks
- $2.56M vs $1.17M
- Cash flow turns positive
- year 1
The deal
- Price
- $550,000
- Cash to close
- $154,000
- Price per unit
- $275,000
- GRM
- 9.1
Each month
- Cash flow
- −$270/mo
- Cash-on-cash
- −2.1%
- Cap rate
- 5.4%
- DSCR
- 0.90×
Break-even
- Price that breaks even
- $495,819
- Rent that breaks even
- $5,439/mo
Long run
- Year 30: property vs stocks
- $1.95M vs $1.23M
- Cash flow turns positive
- year 5
The deal
- Price
- $540,000
- Cash to close
- $151,200
- Price per unit
- $270,000
- GRM
- 8.9
Each month
- Cash flow
- $207/mo
- Cash-on-cash
- 1.6%
- Cap rate
- 6.4%
- DSCR
- 1.08×
Break-even
- Price that breaks even
- $581,440
- Rent that breaks even
- $4,785/mo
Long run
- Year 30: property vs stocks
- $2.60M vs $1.15M
- Cash flow turns positive
- year 1
The deal
- Price
- $540,000
- Cash to close
- $151,200
- Price per unit
- $270,000
- GRM
- 8.9
Each month
- Cash flow
- −$220/mo
- Cash-on-cash
- −1.7%
- Cap rate
- 5.5%
- DSCR
- 0.92×
Break-even
- Price that breaks even
- $495,819
- Rent that breaks even
- $5,367/mo
Long run
- Year 30: property vs stocks
- $1.97M vs $1.19M
- Cash flow turns positive
- year 5
Monthly
Monthly breakdown
| Rent | $5,050 |
| Vacancy (6%) | −$303 |
| Collected | $4,747 |
| Property tax Listing | −$605 |
| Insurance Estimate | −$203 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$404 |
| Capital reserve (8% of rent) | −$404 |
| Net operating income | $2,901 |
| Mortgage (principal + interest) | −$3,293 |
| PMI | −$309 |
| Cash flow | −$701 |
| Principal paid down (equity, not cash) | $419 |
| Rent | $5,050 |
| Vacancy (6%) | −$303 |
| Collected | $4,747 |
| Property tax Listing | −$605 |
| Insurance Estimate | −$203 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$404 |
| Capital reserve (8% of rent) | −$404 |
| Property management | −$427 |
| Net operating income | $2,474 |
| Mortgage (principal + interest) | −$3,293 |
| PMI | −$309 |
| Cash flow | −$1,129 |
| Principal paid down (equity, not cash) | $419 |
| Rent | $5,050 |
| Vacancy (6%) | −$303 |
| Collected | $4,747 |
| Property tax Listing | −$605 |
| Insurance Estimate | −$203 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$404 |
| Capital reserve (8% of rent) | −$404 |
| Net operating income | $2,901 |
| Mortgage (principal + interest) | −$3,233 |
| PMI | −$304 |
| Cash flow | −$636 |
| Principal paid down (equity, not cash) | $411 |
| Rent | $5,050 |
| Vacancy (6%) | −$303 |
| Collected | $4,747 |
| Property tax Listing | −$605 |
| Insurance Estimate | −$203 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$404 |
| Capital reserve (8% of rent) | −$404 |
| Property management | −$427 |
| Net operating income | $2,474 |
| Mortgage (principal + interest) | −$3,233 |
| PMI | −$304 |
| Cash flow | −$1,063 |
| Principal paid down (equity, not cash) | $411 |
| Rent | $5,050 |
| Vacancy (6%) | −$303 |
| Collected | $4,747 |
| Property tax Listing | −$605 |
| Insurance Estimate | −$203 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$404 |
| Capital reserve (8% of rent) | −$404 |
| Net operating income | $2,901 |
| Mortgage (principal + interest) | −$2,927 |
| Cash flow | −$26 |
| Principal paid down (equity, not cash) | $372 |
| Rent | $5,050 |
| Vacancy (6%) | −$303 |
| Collected | $4,747 |
| Property tax Listing | −$605 |
| Insurance Estimate | −$203 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$404 |
| Capital reserve (8% of rent) | −$404 |
| Property management | −$427 |
| Net operating income | $2,474 |
| Mortgage (principal + interest) | −$2,927 |
| Cash flow | −$453 |
| Principal paid down (equity, not cash) | $372 |
| Rent | $5,050 |
| Vacancy (6%) | −$303 |
| Collected | $4,747 |
| Property tax Listing | −$605 |
| Insurance Estimate | −$203 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$404 |
| Capital reserve (8% of rent) | −$404 |
| Net operating income | $2,901 |
| Mortgage (principal + interest) | −$2,874 |
| Cash flow | $27 |
| Principal paid down (equity, not cash) | $366 |
| Rent | $5,050 |
| Vacancy (6%) | −$303 |
| Collected | $4,747 |
| Property tax Listing | −$605 |
| Insurance Estimate | −$203 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$404 |
| Capital reserve (8% of rent) | −$404 |
| Property management | −$427 |
| Net operating income | $2,474 |
| Mortgage (principal + interest) | −$2,874 |
| Cash flow | −$400 |
| Principal paid down (equity, not cash) | $366 |
| Rent | $5,050 |
| Vacancy (6%) | −$303 |
| Collected | $4,747 |
| Property tax Listing | −$605 |
| Insurance Estimate | −$203 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$404 |
| Capital reserve (8% of rent) | −$404 |
| Net operating income | $2,901 |
| Mortgage (principal + interest) | −$2,744 |
| Cash flow | $157 |
| Principal paid down (equity, not cash) | $349 |
| Rent | $5,050 |
| Vacancy (6%) | −$303 |
| Collected | $4,747 |
| Property tax Listing | −$605 |
| Insurance Estimate | −$203 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$404 |
| Capital reserve (8% of rent) | −$404 |
| Property management | −$427 |
| Net operating income | $2,474 |
| Mortgage (principal + interest) | −$2,744 |
| Cash flow | −$270 |
| Principal paid down (equity, not cash) | $349 |
| Rent | $5,050 |
| Vacancy (6%) | −$303 |
| Collected | $4,747 |
| Property tax Listing | −$605 |
| Insurance Estimate | −$203 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$404 |
| Capital reserve (8% of rent) | −$404 |
| Net operating income | $2,901 |
| Mortgage (principal + interest) | −$2,694 |
| Cash flow | $207 |
| Principal paid down (equity, not cash) | $343 |
| Rent | $5,050 |
| Vacancy (6%) | −$303 |
| Collected | $4,747 |
| Property tax Listing | −$605 |
| Insurance Estimate | −$203 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$404 |
| Capital reserve (8% of rent) | −$404 |
| Property management | −$427 |
| Net operating income | $2,474 |
| Mortgage (principal + interest) | −$2,694 |
| Cash flow | −$220 |
| 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%
- $772,423
Sells for $1,334,994 (value up 3% a year), minus 6% selling cost ($80,100). Rent paid down $495,000 of loan.
$433,790 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $544,276
- Monthly shortfalls, invested
- $183,818
$71,500 put into an index fund instead of the down payment and closing costs.
$28,271 you'd have paid in while the building lost money, invested instead.
The building comes out $1,299,224 ahead after 30 years.
- Your equity when you sell
- $1,254,894
- Rental profits, invested at 7%
- $359,754
Sells for $1,334,994 (value up 3% a year), minus 6% selling cost ($80,100). Rent paid down $495,000 of loan.
$235,090 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $544,276
- Monthly shortfalls, invested
- $435,704
$71,500 put into an index fund instead of the down payment and closing costs.
$73,479 you'd have paid in while the building lost money, invested instead.
The building comes out $634,669 ahead after 30 years.
- Your equity when you sell
- $1,232,079
- Rental profits, invested at 7%
- $818,467
Sells for $1,310,722 (value up 3% a year), minus 6% selling cost ($78,643). Rent paid down $486,000 of loan.
$451,863 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $534,380
- Monthly shortfalls, invested
- $160,248
$70,200 put into an index fund instead of the down payment and closing costs.
$24,519 you'd have paid in while the building lost money, invested instead.
The building comes out $1,355,917 ahead after 30 years.
- Your equity when you sell
- $1,232,079
- Rental profits, invested at 7%
- $387,580
Sells for $1,310,722 (value up 3% a year), minus 6% selling cost ($78,643). Rent paid down $486,000 of loan.
$249,010 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $534,380
- Monthly shortfalls, invested
- $393,917
$70,200 put into an index fund instead of the down payment and closing costs.
$65,573 you'd have paid in while the building lost money, invested instead.
The building comes out $691,361 ahead after 30 years.
- Your equity when you sell
- $1,254,894
- Rental profits, invested at 7%
- $1,101,333
Sells for $1,334,994 (value up 3% a year), minus 6% selling cost ($80,100). Rent paid down $440,000 of loan.
$552,411 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $962,950
- Monthly shortfalls, invested
- $2,227
$126,500 put into an index fund instead of the down payment and closing costs.
$313 you'd have paid in while the building lost money, invested instead.
The building comes out $1,391,051 ahead after 30 years.
- Your equity when you sell
- $1,254,894
- Rental profits, invested at 7%
- $560,782
Sells for $1,334,994 (value up 3% a year), minus 6% selling cost ($80,100). Rent paid down $440,000 of loan.
$328,058 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $962,950
- Monthly shortfalls, invested
- $126,231
$126,500 put into an index fund instead of the down payment and closing costs.
$19,867 you'd have paid in while the building lost money, invested instead.
The building comes out $726,496 ahead after 30 years.
- Your equity when you sell
- $1,232,079
- Rental profits, invested at 7%
- $1,159,438
Sells for $1,310,722 (value up 3% a year), minus 6% selling cost ($78,643). Rent paid down $432,000 of loan.
$571,259 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $945,442
$124,200 put into an index fund instead of the down payment and closing costs.
The building comes out $1,446,074 ahead after 30 years.
- Your equity when you sell
- $1,232,079
- Rental profits, invested at 7%
- $597,384
Sells for $1,310,722 (value up 3% a year), minus 6% selling cost ($78,643). Rent paid down $432,000 of loan.
$343,269 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $945,442
- Monthly shortfalls, invested
- $102,502
$124,200 put into an index fund instead of the down payment and closing costs.
$15,918 you'd have paid in while the building lost money, invested instead.
The building comes out $781,519 ahead after 30 years.
- Your equity when you sell
- $1,254,894
- Rental profits, invested at 7%
- $1,306,495
Sells for $1,334,994 (value up 3% a year), minus 6% selling cost ($80,100). Rent paid down $412,500 of loan.
$617,963 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $1,172,287
$154,000 put into an index fund instead of the down payment and closing costs.
The building comes out $1,389,103 ahead after 30 years.
- Your equity when you sell
- $1,254,894
- Rental profits, invested at 7%
- $694,816
Sells for $1,334,994 (value up 3% a year), minus 6% selling cost ($80,100). Rent paid down $412,500 of loan.
$381,971 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $1,172,287
- Monthly shortfalls, invested
- $52,876
$154,000 put into an index fund instead of the down payment and closing costs.
$7,915 you'd have paid in while the building lost money, invested instead.
The building comes out $724,548 ahead after 30 years.
- Your equity when you sell
- $1,232,079
- Rental profits, invested at 7%
- $1,363,056
Sells for $1,310,722 (value up 3% a year), minus 6% selling cost ($78,643). Rent paid down $405,000 of loan.
$635,927 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $1,150,973
$151,200 put into an index fund instead of the down payment and closing costs.
The building comes out $1,444,161 ahead after 30 years.
- Your equity when you sell
- $1,232,079
- Rental profits, invested at 7%
- $735,938
Sells for $1,310,722 (value up 3% a year), minus 6% selling cost ($78,643). Rent paid down $405,000 of loan.
$397,539 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $1,150,973
- Monthly shortfalls, invested
- $37,437
$151,200 put into an index fund instead of the down payment and closing costs.
$5,520 you'd have paid in while the building lost money, invested instead.
The building comes out $779,606 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 $2.03M, stocks $728K. The property wins.
Year 30 (loan paid off): property $1.61M, stocks $980K. The property wins.
Year 30 (loan paid off): property $2.05M, stocks $695K. The property wins.
Year 30 (loan paid off): property $1.62M, stocks $928K. The property wins.
Year 30 (loan paid off): property $2.36M, stocks $965K. The property wins.
Year 30 (loan paid off): property $1.82M, stocks $1.09M. The property wins.
Year 30 (loan paid off): property $2.39M, stocks $945K. The property wins.
Year 30 (loan paid off): property $1.83M, stocks $1.05M. The property wins.
Year 30 (loan paid off): property $2.56M, stocks $1.17M. The property wins.
Year 30 (loan paid off): property $1.95M, stocks $1.23M. The property wins.
Year 30 (loan paid off): property $2.60M, stocks $1.15M. The property wins.
Year 30 (loan paid off): property $1.97M, stocks $1.19M. 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 / 2 bath estimate $2,525/mo · range $2,250–$2,800
| Address | Rent | Bd / Ba | Distance | Match |
|---|---|---|---|---|
| 7305-7315 Bagpipe Blvd, Eden Prairie 55346 off market | $2,475 | 3 / 2 | 2.1 mi | 87% |
| 7305 Bagpipe Blvd, Unit 7315, Eden Prairie 55346 off market | $2,600 | 3 / 2 | 2.1 mi | 87% |
| 12300 Singletree Ln, # 2109, Eden Prairie 55344 off market | $2,369 | 3 / 2 | 2.9 mi | 86% |
| 17774 Evener Way, Eden Prairie 55346 | $2,595 | 3 / 2 | 1.1 mi | 79% |
| 7390 Stewart Dr, Eden Prairie 55346 off market | $2,400 | 4 / 2 | 2.0 mi | 79% |
| 6465 Grandview Dr, Eden Prairie 55346 off market | $1,700 | 3 / 2 | 0.9 mi | 78% |
| 7290 Scot Ter, Eden Prairie 55346 | $2,300 | 3 / 2 | 2.1 mi | 78% |
| 7280 Scot Ter, Eden Prairie 55346 off market | $2,400 | 3 / 2 | 2.1 mi | 78% |
| 18890 Barrington Dr, Eden Prairie 55346 off market | $2,745 | 3 / 2 | 1.9 mi | 78% |
| 8004 Timber Lake Dr, Eden Prairie 55347 off market | $1,995 | 2 / 2 | 1.3 mi | 78% |
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
- highNegative cash flow at the asking price even with 20% down Based on: data: underwriting.cash_flow_monthly · 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 6980 ALPINE TRL
- mediumNo rent roll or lease info; one unit is vacant and the other's tenant status is not stated Listing says: a vacant unit means you can move in right away or find the tenant of your choice · AI review
- mediumRoof, furnace, water heater and electrical ages are not given for a 1966 building Based on: data: listing.year_built · AI review
Opportunities
- Vacant unit lets you set rent and screen your own tenant Listing says: a vacant unit means you can move in right away or find the tenant of your choice · AI review
- In-unit laundry and central air in both units support rents toward the mid-to-high estimate Listing says: Both units have central air, in-unit laundry, and two bathrooms. · AI review
- No rent cap, so rents can follow the market Based on: data: underwriting.rent_rule · AI review
Questions for the agent
- What are the current rent and lease terms on the occupied unit, and when does it end?
- What were the last 12 months of taxes, insurance and utilities?
- How old are the roof, furnaces, water heaters and electrical panels?
- Is the property licensed as a rental in Eden Prairie, and is it legally a two-unit property?
- Are utilities separately metered for each unit?
- Why is the family selling after 55 years, and is there room on price?
Bottom line
Clean, well-kept side-by-side duplex, but at $550K it loses money on our numbers and the listing leaves out rents, taxes and system ages. 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. | $7,257 |
| Insurance / yr Estimateestimate. from units, square feet and age; get a quote | $2,436 |
| 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 2026-08-21 (45 days, relisted 1×); down $25,000 (4.3%) from the first ask of $575,000.
| Date | Event | Price |
|---|---|---|
| Listed | $550,000 | |
| Removed | $575,000 | |
| Relisted | $575,000 | |
| Removed | $575,000 | |
| Listed | $575,000 | |
| Removed | $575,000 |
From the listing Listing
| Listed as | duplex side x side |
| Property tax, 2026 | $7,257 |
| County | Hennepin |
| Parcel number | 0511622440004 |
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 Eden Prairie on rental licensing before you buy.