4214 Queen Ave S

Minneapolis, MN · Linden Hills · Find the listing ↗

Far off

Needs more info before these numbers mean much. The city's rental license covers 1 unit(s); this analysis counts 3.

Asking price: $1,895,000
Monthly cash flow: −$9,912
Estimated rent: $3,750/mo
Break-even price: $32,779

Adjust these numbers in the calculator See the full breakdown

The numbers

Default: 20% down (no PMI), offer at asking, self-managed, 7.00% for 30 years, buyer pays closing costs (3%).

Estimated rent per unit Estimate

2 bed / 1.5 bath (est.)$1,350 $1,150–$1,550
2 bed / 1.5 bath (est.)$1,350 $1,150–$1,550
1 bed / 1.5 bath (est.)$1,050 $900–$1,200

Rough screening estimate from bedroom count only ($750 + $300 per bedroom, ±15%). Not comparable-rental data; a RentCast estimate replaces it for the top candidates. Confidence: low.

Rent rules: No rent cap.

Price: $1,895,000
Monthly cash flow: −$9,912
Cash to close: $435,850
Cap rate: 0.1%
Cash-on-cash: −27.3%
DSCR: 0.02×
GRM: 42.1
Price per unit: $631,667
Price that breaks even: $32,779
Rent that breaks even: $16,457/mo
Cash flow turns positive: not within 30 years
Year 30: property vs stocks: $4.32M vs $14.73M

Monthly breakdown

Rent	$3,750
Vacancy (6%)	−$225
Collected	$3,525
Property tax Public record	−$2,143
Insurance Estimate	−$293
Water, sewer, trash Estimate	−$255
Lawn care ($120 × 6 mo ÷ 12)	−$60
Repairs (8% of rent)	−$300
Capital reserve (8% of rent)	−$300
Net operating income	$174
Mortgage (principal + interest)	−$10,086
Cash flow	−$9,912
Principal paid down (equity, not cash)	$1,283

Cash flow each year

Rents +3%/yr, costs +3.5%/yr. Red bars are months you'd cover out of pocket.

30 years: this property vs. the same money in stocks

This propertyStocks at 7%

Year 30 (loan paid off): property $4.32M, stocks $14.73M. Stocks win.

How those totals add up

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$4,599,662
Minus 6% selling cost	−$275,980
Minus loan still owedTenants' rent paid down all $1,705,500 of principal by year 30	$0
Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth	$0
What you'd walk away with	$4,323,683
If you put the same money in stocks
Cash to close ($246,350) invested at 7%	$1,875,279
Monthly shortfalls ($4,169,974 total by yr 30) investedThe money you'd have put into the building while it lost money	$13,173,590
What you'd walk away with	$15,048,869
Building minus stocks	−$10,725,186

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$4,599,662
Minus 6% selling cost	−$275,980
Minus loan still owedTenants' rent paid down all $1,705,500 of principal by year 30	$0
Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth	$0
What you'd walk away with	$4,323,683
If you put the same money in stocks
Cash to close ($246,350) invested at 7%	$1,875,279
Monthly shortfalls ($4,351,094 total by yr 30) investedThe money you'd have put into the building while it lost money	$13,667,072
What you'd walk away with	$15,542,351
Building minus stocks	−$11,218,668

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$4,575,390
Minus 6% selling cost	−$274,523
Minus loan still owedTenants' rent paid down all $1,696,500 of principal by year 30	$0
Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth	$0
What you'd walk away with	$4,300,866
If you put the same money in stocks
Cash to close ($245,050) invested at 7%	$1,865,383
Monthly shortfalls ($4,148,148 total by yr 30) investedThe money you'd have put into the building while it lost money	$13,103,977
What you'd walk away with	$14,969,360
Building minus stocks	−$10,668,494

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$4,575,390
Minus 6% selling cost	−$274,523
Minus loan still owedTenants' rent paid down all $1,696,500 of principal by year 30	$0
Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth	$0
What you'd walk away with	$4,300,866
If you put the same money in stocks
Cash to close ($245,050) invested at 7%	$1,865,383
Monthly shortfalls ($4,329,268 total by yr 30) investedThe money you'd have put into the building while it lost money	$13,597,459
What you'd walk away with	$15,462,842
Building minus stocks	−$11,161,976

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$4,599,662
Minus 6% selling cost	−$275,980
Minus loan still owedTenants' rent paid down all $1,516,000 of principal by year 30	$0
Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth	$0
What you'd walk away with	$4,323,683
If you put the same money in stocks
Cash to close ($435,850) invested at 7%	$3,317,801
Monthly shortfalls ($3,664,940 total by yr 30) investedThe money you'd have put into the building while it lost money	$11,414,681
What you'd walk away with	$14,732,483
Building minus stocks	−$10,408,800

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$4,599,662
Minus 6% selling cost	−$275,980
Minus loan still owedTenants' rent paid down all $1,516,000 of principal by year 30	$0
Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth	$0
What you'd walk away with	$4,323,683
If you put the same money in stocks
Cash to close ($435,850) invested at 7%	$3,317,801
Monthly shortfalls ($3,846,059 total by yr 30) investedThe money you'd have put into the building while it lost money	$11,908,163
What you'd walk away with	$15,225,964
Building minus stocks	−$10,902,281

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$4,575,390
Minus 6% selling cost	−$274,523
Minus loan still owedTenants' rent paid down all $1,508,000 of principal by year 30	$0
Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth	$0
What you'd walk away with	$4,300,866
If you put the same money in stocks
Cash to close ($433,550) invested at 7%	$3,300,293
Monthly shortfalls ($3,645,779 total by yr 30) investedThe money you'd have put into the building while it lost money	$11,354,350
What you'd walk away with	$14,654,643
Building minus stocks	−$10,353,777

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$4,575,390
Minus 6% selling cost	−$274,523
Minus loan still owedTenants' rent paid down all $1,508,000 of principal by year 30	$0
Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth	$0
What you'd walk away with	$4,300,866
If you put the same money in stocks
Cash to close ($433,550) invested at 7%	$3,300,293
Monthly shortfalls ($3,826,899 total by yr 30) investedThe money you'd have put into the building while it lost money	$11,847,832
What you'd walk away with	$15,148,125
Building minus stocks	−$10,847,259

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$4,599,662
Minus 6% selling cost	−$275,980
Minus loan still owedTenants' rent paid down all $1,421,250 of principal by year 30	$0
Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth	$0
What you'd walk away with	$4,323,683
If you put the same money in stocks
Cash to close ($530,600) invested at 7%	$4,039,063
Monthly shortfalls ($3,438,005 total by yr 30) investedThe money you'd have put into the building while it lost money	$10,700,134
What you'd walk away with	$14,739,196
Building minus stocks	−$10,415,513

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$4,599,662
Minus 6% selling cost	−$275,980
Minus loan still owedTenants' rent paid down all $1,421,250 of principal by year 30	$0
Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth	$0
What you'd walk away with	$4,323,683
If you put the same money in stocks
Cash to close ($530,600) invested at 7%	$4,039,063
Monthly shortfalls ($3,619,125 total by yr 30) investedThe money you'd have put into the building while it lost money	$11,193,615
What you'd walk away with	$15,232,678
Building minus stocks	−$10,908,995

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$4,575,390
Minus 6% selling cost	−$274,523
Minus loan still owedTenants' rent paid down all $1,413,750 of principal by year 30	$0
Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth	$0
What you'd walk away with	$4,300,866
If you put the same money in stocks
Cash to close ($527,800) invested at 7%	$4,017,748
Monthly shortfalls ($3,420,042 total by yr 30) investedThe money you'd have put into the building while it lost money	$10,643,573
What you'd walk away with	$14,661,321
Building minus stocks	−$10,360,455

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$4,575,390
Minus 6% selling cost	−$274,523
Minus loan still owedTenants' rent paid down all $1,413,750 of principal by year 30	$0
Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth	$0
What you'd walk away with	$4,300,866
If you put the same money in stocks
Cash to close ($527,800) invested at 7%	$4,017,748
Monthly shortfalls ($3,601,161 total by yr 30) investedThe money you'd have put into the building while it lost money	$11,137,055
What you'd walk away with	$15,154,803
Building minus stocks	−$10,853,937

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.

Red flags and opportunities

Watch for

highThe city's rental license covers 1 unit(s); this analysis counts 3. Public record: Minneapolis Active Rental Licenses: 4214 QUEEN AVE S, units=1
mediumAsking is $1,862,221 above the price where cash flow breaks even ($32,779) at the default scenario. Based on: Derived: price $1,895,000 vs. break-even $32,779

Opportunities

The seller bought for $830,000 in May 2015, so they can take a lower offer and still come out well ahead. Public record: Hennepin County parcel 0802824140133: last sale 2015-05-01, $830,000
Long time on market: room to negotiate. Based on: Listing data: 127 days on market

Questions for the agent

Can we see the current leases and a rent roll, with move-in dates?
What did water/sewer/trash, heat and electric cost the owner over the last 12 months?
How old are the roof, boiler or furnaces, water heaters and electrical panels?
Is the building licensed as a rental for this many units, and when was the last city inspection?
Any special assessments pending, and will the seller pay them off at closing?

Standard questions worth asking about any building.

What the records say

Where each number comes from

Property tax / yr Public recordHennepin County record, current payable year (non-homestead)	$25,710
Insurance / yr Estimateestimate. from units, square feet and age; get a quote	$3,516
Water, sewer, trash / mo Estimateestimate. $85/unit/mo, owner-paid	$255
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%

County record Public record

Recorded as	triplex
Living units	3
Year built	1951
Market value (2026)	$1,359,100
Property tax	$25,710
Special assessments	none
Homestead	no
Last sale	2015-05-01 · $830,000

Source: Hennepin County parcel records.

City rental license

ShrtTrmLic: 1 unit(s), Tier 1, status active, renews 2027-03-01.CHOWN: 2 unit(s), Tier 1, status active, renews 2027-03-01.

Nearest highway

I 35W, about 2802 m away.

Crime in Linden Hills

117 incidents in the last 12 months (14 per 1,000 residents), −19% vs. the year before. Minneapolis police incidents, all reported offenses (definitions differ from St. Paul's, so don't compare across cities).

Status history

2026-05-28New at $1,895,000