7217 Zane Ave N
Duplex · 2 units: 3 bed / 1 bath and 2 bed / 1 bath unit split estimated · 2,108 sq ft
Brooklyn Park, MN · View the listing ↗
Photos courtesy of Keller Williams Classic Realty, via Realtor.com.
- Asking price
- $399,000 2 units · $200K per unit
- Monthly cash flow
- −$308 at 20% down, 7%
- Estimated rent
- $3,500/mo medium confidence
- Break-even price
- $341,042 where cash flow hits $0
First look
This is a 1978 up/down duplex in Brooklyn Park asking $399K, and at 20% down our model shows about -$328/mo cash flow with a 5.4% cap rate. Break-even price is around $337K, so the ask is roughly $62K too high for the rents (our mid estimates are $1,975 and $1,500). The listing says 'excellent rental history' but gives no actual rents, lease terms, or utility setup, so get the rent roll first. It has been listed 89 days, which gives room to negotiate toward break-even. I'd only show it if the seller will move well down in price or the real rents beat our estimates. Also confirm the legal unit count, since we couldn't match a county parcel.
Things to consider
- Price is above what the rents support Our model shows negative cash flow at the ask, and break-even is about $62K lower. At today's rates this only works with a big price cut or higher actual rents.
- Rents are unverified The listing praises rental history but gives no numbers. Cash flow depends on actual rents, so get the rent roll and leases.Listing says: “this property has an excellent rental history and great cash-flow potential”
- Unit count and taxes are unverified We couldn't match a county parcel, so taxes and legal unit count are unconfirmed. Non-homestead taxes could be higher than the current bill.
- Utilities and mechanicals unknown If the owner pays heat or water, expenses rise. Older systems in a 1978 building may need replacement.
- Negotiating leverage 89 days listed gives room to offer closer to break-even.
From the photos
Based on 1 of the listing photos. Photos can hide as much as they show; an inspection is the real answer.
Condition and repairs
- doneUpdated vinyl sidingListing says: featuring updated vinyl siding and vinyl windows
- doneVinyl windowsListing says: featuring updated vinyl siding and vinyl windows
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
- $399,000
- Cash to close
- $51,870
- Price per unit
- $199,500
- GRM
- 9.5
Each month
- Cash flow
- −$798/mo
- Cash-on-cash
- −18.5%
- Cap rate
- 5.5%
- DSCR
- 0.69×
Break-even
- Price that breaks even
- $277,115
- Rent that breaks even
- $4,498/mo
Long run
- Year 30: property vs stocks
- $1.17M vs $699K
- Cash flow turns positive
- year 12
The deal
- Price
- $399,000
- Cash to close
- $51,870
- Price per unit
- $199,500
- GRM
- 9.5
Each month
- Cash flow
- −$1,094/mo
- Cash-on-cash
- −25.3%
- Cap rate
- 4.6%
- DSCR
- 0.58×
Break-even
- Price that breaks even
- $231,911
- Rent that breaks even
- $5,030/mo
Long run
- Year 30: property vs stocks
- $990K vs $979K
- Cash flow turns positive
- year 19
The deal
- Price
- $389,000
- Cash to close
- $50,570
- Price per unit
- $194,500
- GRM
- 9.3
Each month
- Cash flow
- −$733/mo
- Cash-on-cash
- −17.4%
- Cap rate
- 5.6%
- DSCR
- 0.71×
Break-even
- Price that breaks even
- $277,115
- Rent that breaks even
- $4,416/mo
Long run
- Year 30: property vs stocks
- $1.18M vs $648K
- Cash flow turns positive
- year 11
The deal
- Price
- $389,000
- Cash to close
- $50,570
- Price per unit
- $194,500
- GRM
- 9.3
Each month
- Cash flow
- −$1,029/mo
- Cash-on-cash
- −24.4%
- Cap rate
- 4.7%
- DSCR
- 0.60×
Break-even
- Price that breaks even
- $231,911
- Rent that breaks even
- $4,938/mo
Long run
- Year 30: property vs stocks
- $981K vs $914K
- Cash flow turns positive
- year 18
The deal
- Price
- $399,000
- Cash to close
- $91,770
- Price per unit
- $199,500
- GRM
- 9.5
Each month
- Cash flow
- −$308/mo
- Cash-on-cash
- −4.0%
- Cap rate
- 5.5%
- DSCR
- 0.85×
Break-even
- Price that breaks even
- $341,042
- Rent that breaks even
- $3,886/mo
Long run
- Year 30: property vs stocks
- $1.32M vs $782K
- Cash flow turns positive
- year 7
The deal
- Price
- $399,000
- Cash to close
- $91,770
- Price per unit
- $199,500
- GRM
- 9.5
Each month
- Cash flow
- −$605/mo
- Cash-on-cash
- −7.9%
- Cap rate
- 4.6%
- DSCR
- 0.72×
Break-even
- Price that breaks even
- $285,409
- Rent that breaks even
- $4,345/mo
Long run
- Year 30: property vs stocks
- $1.07M vs $989K
- Cash flow turns positive
- year 14
The deal
- Price
- $389,000
- Cash to close
- $89,470
- Price per unit
- $194,500
- GRM
- 9.3
Each month
- Cash flow
- −$255/mo
- Cash-on-cash
- −3.4%
- Cap rate
- 5.6%
- DSCR
- 0.88×
Break-even
- Price that breaks even
- $341,042
- Rent that breaks even
- $3,819/mo
Long run
- Year 30: property vs stocks
- $1.33M vs $741K
- Cash flow turns positive
- year 6
The deal
- Price
- $389,000
- Cash to close
- $89,470
- Price per unit
- $194,500
- GRM
- 9.3
Each month
- Cash flow
- −$551/mo
- Cash-on-cash
- −7.4%
- Cap rate
- 4.7%
- DSCR
- 0.73×
Break-even
- Price that breaks even
- $285,409
- Rent that breaks even
- $4,271/mo
Long run
- Year 30: property vs stocks
- $1.06M vs $931K
- Cash flow turns positive
- year 13
The deal
- Price
- $399,000
- Cash to close
- $111,720
- Price per unit
- $199,500
- GRM
- 9.5
Each month
- Cash flow
- −$176/mo
- Cash-on-cash
- −1.9%
- Cap rate
- 5.5%
- DSCR
- 0.91×
Break-even
- Price that breaks even
- $363,778
- Rent that breaks even
- $3,720/mo
Long run
- Year 30: property vs stocks
- $1.42M vs $883K
- Cash flow turns positive
- year 5
The deal
- Price
- $399,000
- Cash to close
- $111,720
- Price per unit
- $199,500
- GRM
- 9.5
Each month
- Cash flow
- −$472/mo
- Cash-on-cash
- −5.1%
- Cap rate
- 4.6%
- DSCR
- 0.76×
Break-even
- Price that breaks even
- $304,436
- Rent that breaks even
- $4,160/mo
Long run
- Year 30: property vs stocks
- $1.12M vs $1.04M
- Cash flow turns positive
- year 12
The deal
- Price
- $389,000
- Cash to close
- $108,920
- Price per unit
- $194,500
- GRM
- 9.3
Each month
- Cash flow
- −$126/mo
- Cash-on-cash
- −1.4%
- Cap rate
- 5.6%
- DSCR
- 0.94×
Break-even
- Price that breaks even
- $363,778
- Rent that breaks even
- $3,657/mo
Long run
- Year 30: property vs stocks
- $1.44M vs $848K
- Cash flow turns positive
- year 4
The deal
- Price
- $389,000
- Cash to close
- $108,920
- Price per unit
- $194,500
- GRM
- 9.3
Each month
- Cash flow
- −$422/mo
- Cash-on-cash
- −4.6%
- Cap rate
- 4.7%
- DSCR
- 0.78×
Break-even
- Price that breaks even
- $304,436
- Rent that breaks even
- $4,090/mo
Long run
- Year 30: property vs stocks
- $1.12M vs $990K
- Cash flow turns positive
- year 11
Monthly
Monthly breakdown
| Rent | $3,500 |
| Vacancy (6%) | −$210 |
| Collected | $3,290 |
| Property tax Listing | −$561 |
| Insurance Estimate | −$194 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$245 |
| Capital reserve (7% of rent) | −$245 |
| Net operating income | $1,815 |
| Mortgage (principal + interest) | −$2,389 |
| PMI | −$224 |
| Cash flow | −$798 |
| Principal paid down (equity, not cash) | $304 |
| Rent | $3,500 |
| Vacancy (6%) | −$210 |
| Collected | $3,290 |
| Property tax Listing | −$561 |
| Insurance Estimate | −$194 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$245 |
| Capital reserve (7% of rent) | −$245 |
| Property management | −$296 |
| Net operating income | $1,519 |
| Mortgage (principal + interest) | −$2,389 |
| PMI | −$224 |
| Cash flow | −$1,094 |
| Principal paid down (equity, not cash) | $304 |
| Rent | $3,500 |
| Vacancy (6%) | −$210 |
| Collected | $3,290 |
| Property tax Listing | −$561 |
| Insurance Estimate | −$194 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$245 |
| Capital reserve (7% of rent) | −$245 |
| Net operating income | $1,815 |
| Mortgage (principal + interest) | −$2,329 |
| PMI | −$219 |
| Cash flow | −$733 |
| Principal paid down (equity, not cash) | $296 |
| Rent | $3,500 |
| Vacancy (6%) | −$210 |
| Collected | $3,290 |
| Property tax Listing | −$561 |
| Insurance Estimate | −$194 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$245 |
| Capital reserve (7% of rent) | −$245 |
| Property management | −$296 |
| Net operating income | $1,519 |
| Mortgage (principal + interest) | −$2,329 |
| PMI | −$219 |
| Cash flow | −$1,029 |
| Principal paid down (equity, not cash) | $296 |
| Rent | $3,500 |
| Vacancy (6%) | −$210 |
| Collected | $3,290 |
| Property tax Listing | −$561 |
| Insurance Estimate | −$194 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$245 |
| Capital reserve (7% of rent) | −$245 |
| Net operating income | $1,815 |
| Mortgage (principal + interest) | −$2,124 |
| Cash flow | −$308 |
| Principal paid down (equity, not cash) | $270 |
| Rent | $3,500 |
| Vacancy (6%) | −$210 |
| Collected | $3,290 |
| Property tax Listing | −$561 |
| Insurance Estimate | −$194 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$245 |
| Capital reserve (7% of rent) | −$245 |
| Property management | −$296 |
| Net operating income | $1,519 |
| Mortgage (principal + interest) | −$2,124 |
| Cash flow | −$605 |
| Principal paid down (equity, not cash) | $270 |
| Rent | $3,500 |
| Vacancy (6%) | −$210 |
| Collected | $3,290 |
| Property tax Listing | −$561 |
| Insurance Estimate | −$194 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$245 |
| Capital reserve (7% of rent) | −$245 |
| Net operating income | $1,815 |
| Mortgage (principal + interest) | −$2,070 |
| Cash flow | −$255 |
| Principal paid down (equity, not cash) | $263 |
| Rent | $3,500 |
| Vacancy (6%) | −$210 |
| Collected | $3,290 |
| Property tax Listing | −$561 |
| Insurance Estimate | −$194 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$245 |
| Capital reserve (7% of rent) | −$245 |
| Property management | −$296 |
| Net operating income | $1,519 |
| Mortgage (principal + interest) | −$2,070 |
| Cash flow | −$551 |
| Principal paid down (equity, not cash) | $263 |
| Rent | $3,500 |
| Vacancy (6%) | −$210 |
| Collected | $3,290 |
| Property tax Listing | −$561 |
| Insurance Estimate | −$194 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$245 |
| Capital reserve (7% of rent) | −$245 |
| Net operating income | $1,815 |
| Mortgage (principal + interest) | −$1,991 |
| Cash flow | −$176 |
| Principal paid down (equity, not cash) | $253 |
| Rent | $3,500 |
| Vacancy (6%) | −$210 |
| Collected | $3,290 |
| Property tax Listing | −$561 |
| Insurance Estimate | −$194 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$245 |
| Capital reserve (7% of rent) | −$245 |
| Property management | −$296 |
| Net operating income | $1,519 |
| Mortgage (principal + interest) | −$1,991 |
| Cash flow | −$472 |
| Principal paid down (equity, not cash) | $253 |
| Rent | $3,500 |
| Vacancy (6%) | −$210 |
| Collected | $3,290 |
| Property tax Listing | −$561 |
| Insurance Estimate | −$194 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$245 |
| Capital reserve (7% of rent) | −$245 |
| Net operating income | $1,815 |
| Mortgage (principal + interest) | −$1,941 |
| Cash flow | −$126 |
| Principal paid down (equity, not cash) | $247 |
| Rent | $3,500 |
| Vacancy (6%) | −$210 |
| Collected | $3,290 |
| Property tax Listing | −$561 |
| Insurance Estimate | −$194 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$245 |
| Capital reserve (7% of rent) | −$245 |
| Property management | −$296 |
| Net operating income | $1,519 |
| Mortgage (principal + interest) | −$1,941 |
| Cash flow | −$422 |
| Principal paid down (equity, not cash) | $247 |
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
- $910,369
- Rental profits, invested at 7%
- $259,512
Sells for $968,478 (value up 3% a year), minus 6% selling cost ($58,109). Rent paid down $359,100 of loan.
$168,712 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $394,848
- Monthly shortfalls, invested
- $304,277
$51,870 put into an index fund instead of the down payment and closing costs.
$51,104 you'd have paid in while the building lost money, invested instead.
The building comes out $470,757 ahead after 30 years.
- Your equity when you sell
- $910,369
- Rental profits, invested at 7%
- $79,177
Sells for $968,478 (value up 3% a year), minus 6% selling cost ($58,109). Rent paid down $359,100 of loan.
$61,390 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $394,848
- Monthly shortfalls, invested
- $584,525
$51,870 put into an index fund instead of the down payment and closing costs.
$112,827 you'd have paid in while the building lost money, invested instead.
The building comes out $10,173 ahead after 30 years.
- Your equity when you sell
- $887,553
- Rental profits, invested at 7%
- $288,303
Sells for $944,205 (value up 3% a year), minus 6% selling cost ($56,652). Rent paid down $350,100 of loan.
$182,899 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $384,952
- Monthly shortfalls, invested
- $263,454
$50,570 put into an index fund instead of the down payment and closing costs.
$43,465 you'd have paid in while the building lost money, invested instead.
The building comes out $527,449 ahead after 30 years.
- Your equity when you sell
- $887,553
- Rental profits, invested at 7%
- $93,163
Sells for $944,205 (value up 3% a year), minus 6% selling cost ($56,652). Rent paid down $350,100 of loan.
$70,515 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $384,952
- Monthly shortfalls, invested
- $528,897
$50,570 put into an index fund instead of the down payment and closing costs.
$100,127 you'd have paid in while the building lost money, invested instead.
The building comes out $66,866 ahead after 30 years.
- Your equity when you sell
- $910,369
- Rental profits, invested at 7%
- $408,507
Sells for $968,478 (value up 3% a year), minus 6% selling cost ($58,109). Rent paid down $319,200 of loan.
$236,918 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $698,577
- Monthly shortfalls, invested
- $82,926
$91,770 put into an index fund instead of the down payment and closing costs.
$12,974 you'd have paid in while the building lost money, invested instead.
The building comes out $537,373 ahead after 30 years.
- Your equity when you sell
- $910,369
- Rental profits, invested at 7%
- $154,960
Sells for $968,478 (value up 3% a year), minus 6% selling cost ($58,109). Rent paid down $319,200 of loan.
$107,348 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $698,577
- Monthly shortfalls, invested
- $289,962
$91,770 put into an index fund instead of the down payment and closing costs.
$52,448 you'd have paid in while the building lost money, invested instead.
The building comes out $76,790 ahead after 30 years.
- Your equity when you sell
- $887,553
- Rental profits, invested at 7%
- $446,021
Sells for $944,205 (value up 3% a year), minus 6% selling cost ($56,652). Rent paid down $311,200 of loan.
$252,317 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $681,068
- Monthly shortfalls, invested
- $60,109
$89,470 put into an index fund instead of the down payment and closing costs.
$9,212 you'd have paid in while the building lost money, invested instead.
The building comes out $592,396 ahead after 30 years.
- Your equity when you sell
- $887,553
- Rental profits, invested at 7%
- $175,089
Sells for $944,205 (value up 3% a year), minus 6% selling cost ($56,652). Rent paid down $311,200 of loan.
$118,342 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $681,068
- Monthly shortfalls, invested
- $249,760
$89,470 put into an index fund instead of the down payment and closing costs.
$44,282 you'd have paid in while the building lost money, invested instead.
The building comes out $131,813 ahead after 30 years.
- Your equity when you sell
- $910,369
- Rental profits, invested at 7%
- $508,342
Sells for $968,478 (value up 3% a year), minus 6% selling cost ($58,109). Rent paid down $299,250 of loan.
$276,533 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $850,441
- Monthly shortfalls, invested
- $32,311
$111,720 put into an index fund instead of the down payment and closing costs.
$4,806 you'd have paid in while the building lost money, invested instead.
The building comes out $535,959 ahead after 30 years.
- Your equity when you sell
- $910,369
- Rental profits, invested at 7%
- $209,036
Sells for $968,478 (value up 3% a year), minus 6% selling cost ($58,109). Rent paid down $299,250 of loan.
$135,962 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $850,441
- Monthly shortfalls, invested
- $193,588
$111,720 put into an index fund instead of the down payment and closing costs.
$33,280 you'd have paid in while the building lost money, invested instead.
The building comes out $75,376 ahead after 30 years.
- Your equity when you sell
- $887,553
- Rental profits, invested at 7%
- $551,326
Sells for $944,205 (value up 3% a year), minus 6% selling cost ($56,652). Rent paid down $291,750 of loan.
$292,422 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $829,127
- Monthly shortfalls, invested
- $18,734
$108,920 put into an index fund instead of the down payment and closing costs.
$2,732 you'd have paid in while the building lost money, invested instead.
The building comes out $591,018 ahead after 30 years.
- Your equity when you sell
- $887,553
- Rental profits, invested at 7%
- $232,928
Sells for $944,205 (value up 3% a year), minus 6% selling cost ($56,652). Rent paid down $291,750 of loan.
$147,756 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $829,127
- Monthly shortfalls, invested
- $160,919
$108,920 put into an index fund instead of the down payment and closing costs.
$27,111 you'd have paid in while the building lost money, invested instead.
The building comes out $130,435 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 $1.17M, stocks $699K. The property wins.
Year 30 (loan paid off): property $990K, stocks $979K. The property wins.
Year 30 (loan paid off): property $1.18M, stocks $648K. The property wins.
Year 30 (loan paid off): property $981K, stocks $914K. The property wins.
Year 30 (loan paid off): property $1.32M, stocks $782K. The property wins.
Year 30 (loan paid off): property $1.07M, stocks $989K. The property wins.
Year 30 (loan paid off): property $1.33M, stocks $741K. The property wins.
Year 30 (loan paid off): property $1.06M, stocks $931K. The property wins.
Year 30 (loan paid off): property $1.42M, stocks $883K. The property wins.
Year 30 (loan paid off): property $1.12M, stocks $1.04M. The property wins.
Year 30 (loan paid off): property $1.44M, stocks $848K. The property wins.
Year 30 (loan paid off): property $1.12M, stocks $990K. 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 $1,875/mo · range $1,850–$1,875
| Address | Rent | Bd / Ba | Distance | Match |
|---|---|---|---|---|
| 8300 Zane Ave N, Unit 8300-307, Brooklyn Park 55443 off market | $1,695 | 3 / 1.5 | 1.4 mi | 87% |
| 8300 Zane Ave N, Unit 8300-207, Brooklyn Park 55443 off market | $1,695 | 3 / 1.5 | 1.4 mi | 87% |
| 8304 Zane Ave N, Unit 8304-307, Brooklyn Park 55443 off market | $1,695 | 3 / 1.5 | 1.4 mi | 87% |
| 8304 Zane Ave N, Unit 8304-207, Brooklyn Park 55443 off market | $1,650 | 3 / 1.5 | 1.4 mi | 87% |
| 8316 Zane Ave N, Unit 8316-207, Brooklyn Park 55443 off market | $1,695 | 3 / 1.5 | 1.4 mi | 87% |
| 8312 Zane Ave N, Unit 8312-207, Brooklyn Park 55443 off market | $1,725 | 3 / 1.5 | 1.4 mi | 87% |
| 8316 Zane Ave N, Unit 8316-307, Brooklyn Park 55443 off market | $1,695 | 3 / 1.5 | 1.4 mi | 87% |
| 7349 62nd Ave N, New, Hope 55428 off market | $1,695 | 3 / 1.5 | 1.6 mi | 87% |
| 7345 62nd Ave N, New, Hope 55428 off market | $1,750 | 3 / 1.5 | 1.7 mi | 87% |
| 7333 62nd Ave N, New, Hope 55428 off market | $1,695 | 3 / 1.5 | 1.7 mi | 87% |
2 bed / 1 bath estimate $1,625/mo · range $1,475–$1,800
| Address | Rent | Bd / Ba | Distance | Match |
|---|---|---|---|---|
| 7508 7532 68th Ave N, Brooklyn Park 55428 | $1,595 | 2 / 1 | 1.1 mi | 92% |
| 5910 W Broadway Ave, Apt 5, Minneapolis 55428 off market | $1,045 | 2 / 1 | 1.9 mi | 91% |
| 5910 W Broadway Ave, Apt 10, Minneapolis 55428 off market | $1,095 | 2 / 1 | 1.9 mi | 91% |
| 8217/21 Zane Ct N, Brooklyn Park 55443 off market | $1,575 | 2 / 1 | 1.3 mi | 85% |
| 7616 69th Ave N, Apt 1, Minneapolis 55428 off market | $1,475 | 2 / 1 | 1.1 mi | 85% |
| 7616 69th Ave N, Apt 2, Minneapolis 55428 off market | $1,375 | 2 / 1 | 1.1 mi | 85% |
| 6804 63rd Ave N, Apt 202, Brooklyn Park 55428 | $1,425 | 2 / 1 | 1.2 mi | 84% |
| 6810 63rd Ave N, Apt 201, Brooklyn Park 55428 | $1,425 | 2 / 1 | 1.2 mi | 84% |
| 7021 Brooklyn Blvd, Apt 216, Brooklyn Center 55429 off market | $1,399 | 2 / 1 | 0.8 mi | 84% |
| 3907 65th Ave N, Minneapolis 55429 | $1,325 | 2 / 1 | 1.6 mi | 83% |
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
- mediumCouldn't match this address to a county parcel record, so taxes and unit count are unverified. Public record: County parcels: no match for 7217 ZANE AVE N
- mediumDescription gives no actual rents or lease terms despite claiming strong rental history Listing says: this property has an excellent rental history and great cash-flow potential · AI review
- mediumHeat type, utility metering and roof age are not stated Listing says: Both units are completely self-sufficient, each equipped with its own in-unit washer and dryer. · AI review
- lowNearly three months on market suggests the price isn't being accepted Based on: data: listing.days_on_market · AI review
Opportunities
- Negotiating room: 89 days listed and ask is well above our break-even price Based on: data: underwriting.break_even_price · AI review
- House-hack option: live in one unit, rent the other Listing says: live in one unit while letting the other pay your mortgage · AI review
- In-unit laundry in both units and an attached garage help tenant appeal Listing says: each equipped with its own in-unit washer and dryer · AI review
- No rent cap, so rents can follow the market Based on: data: underwriting.rent_rule · AI review
Questions for the agent
- Can you send the current rent roll, lease dates and 12 months of expenses?
- What is the heat source, and are utilities separately metered for each unit?
- How old are the roof, furnace(s) and water heater(s)?
- Is the lower unit a legal, licensed unit, and is it on the city rental license?
- Why has it been on the market 89 days, and has the price been cut?
- How many garage stalls are there, and are they shared between units?
Bottom line
Reasonable, low-maintenance duplex, but $399K is about $62K above what the rents support, so only worth pursuing at a much lower price. AI-assisted summary
What the records say
Where each number comes from
| Property tax / yr Listinglisting, tax year 2026. The tax the listing states. If the seller lives there it may be at the lower homestead rate; an investor owner pays the non-homestead rate, often 20–40% more on the owner's unit. | $6,731 |
| Insurance / yr Estimateestimate. from units, square feet and age; get a quote | $2,327 |
| Water, sewer, trash / mo Estimateestimate. $85/unit/mo, owner-paid | $170 |
| Heat / mo Assumptionassumption. tenants pay heat; confirm with the agent | $0 |
| Lawn care / mo Assumptionassumption. $120/mo for 6 months, spread over 12; no snow removal | $60 |
| Repairs / capital reserve Rulerule. "fully updated" in the description: -1 pts each | 7% / 7% |
Price history Realtor.com
On the market since 2026-07-08 (89 days); last sold for $185,000 on 2016-11-18.
| Date | Event | Price |
|---|---|---|
| Price changed | $399,000 | |
| Listed | $379,000 | |
| Sold | $185,000 | |
| Relisted | $185,000 | |
| Removed | $185,000 | |
| Listed | $185,000 | |
| Sold | $107,000 | |
| Listed | $114,900 | |
| Sold public record | $85,000 |
From the listing Listing
| Listed as | duplex up and down |
| Property tax, 2026 | $6,731 |
| County | Hennepin |
| Parcel number | 2811921320083 |
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 Brooklyn Park on rental licensing before you buy.