6980 Alpine Trl
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
- −$104 at 20% down, 7%
- Break-even price
- $530,445 where cash flow hits $0
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
- 9.3
Each month
- Cash flow
- −$779/mo
- Cash-on-cash
- −13.1%
- Cap rate
- 6.2%
- DSCR
- 0.78×
Break-even
- Price that breaks even
- $431,016
- Rent that breaks even
- $5,949/mo
Long run
- Year 30: property vs stocks
- $1.94M vs $762K
- Cash flow turns positive
- year 7
The deal
- Price
- $550,000
- Cash to close
- $71,500
- Price per unit
- $275,000
- GRM
- 9.3
Each month
- Cash flow
- −$1,198/mo
- Cash-on-cash
- −20.1%
- Cap rate
- 5.2%
- DSCR
- 0.67×
Break-even
- Price that breaks even
- $367,084
- Rent that breaks even
- $6,673/mo
Long run
- Year 30: property vs stocks
- $1.56M vs $1.04M
- Cash flow turns positive
- year 13
The deal
- Price
- $540,000
- Cash to close
- $70,200
- Price per unit
- $270,000
- GRM
- 9.1
Each month
- Cash flow
- −$714/mo
- Cash-on-cash
- −12.2%
- Cap rate
- 6.3%
- DSCR
- 0.80×
Break-even
- Price that breaks even
- $431,016
- Rent that breaks even
- $5,865/mo
Long run
- Year 30: property vs stocks
- $1.96M vs $725K
- Cash flow turns positive
- year 6
The deal
- Price
- $540,000
- Cash to close
- $70,200
- Price per unit
- $270,000
- GRM
- 9.1
Each month
- Cash flow
- −$1,133/mo
- Cash-on-cash
- −19.4%
- Cap rate
- 5.3%
- DSCR
- 0.68×
Break-even
- Price that breaks even
- $367,084
- Rent that breaks even
- $6,579/mo
Long run
- Year 30: property vs stocks
- $1.56M vs $982K
- Cash flow turns positive
- year 12
The deal
- Price
- $550,000
- Cash to close
- $126,500
- Price per unit
- $275,000
- GRM
- 9.3
Each month
- Cash flow
- −$104/mo
- Cash-on-cash
- −1.0%
- Cap rate
- 6.2%
- DSCR
- 0.96×
Break-even
- Price that breaks even
- $530,445
- Rent that breaks even
- $5,083/mo
Long run
- Year 30: property vs stocks
- $2.24M vs $974K
- Cash flow turns positive
- year 3
The deal
- Price
- $550,000
- Cash to close
- $126,500
- Price per unit
- $275,000
- GRM
- 9.3
Each month
- Cash flow
- −$523/mo
- Cash-on-cash
- −5.0%
- Cap rate
- 5.2%
- DSCR
- 0.82×
Break-even
- Price that breaks even
- $451,764
- Rent that breaks even
- $5,702/mo
Long run
- Year 30: property vs stocks
- $1.75M vs $1.13M
- Cash flow turns positive
- year 9
The deal
- Price
- $540,000
- Cash to close
- $124,200
- Price per unit
- $270,000
- GRM
- 9.1
Each month
- Cash flow
- −$51/mo
- Cash-on-cash
- −0.5%
- Cap rate
- 6.3%
- DSCR
- 0.98×
Break-even
- Price that breaks even
- $530,445
- Rent that breaks even
- $5,015/mo
Long run
- Year 30: property vs stocks
- $2.27M vs $950K
- Cash flow turns positive
- year 2
The deal
- Price
- $540,000
- Cash to close
- $124,200
- Price per unit
- $270,000
- GRM
- 9.1
Each month
- Cash flow
- −$470/mo
- Cash-on-cash
- −4.5%
- Cap rate
- 5.3%
- DSCR
- 0.84×
Break-even
- Price that breaks even
- $451,764
- Rent that breaks even
- $5,625/mo
Long run
- Year 30: property vs stocks
- $1.76M vs $1.08M
- Cash flow turns positive
- year 8
The deal
- Price
- $550,000
- Cash to close
- $154,000
- Price per unit
- $275,000
- GRM
- 9.3
Each month
- Cash flow
- $79/mo
- Cash-on-cash
- 0.6%
- Cap rate
- 6.2%
- DSCR
- 1.03×
Break-even
- Price that breaks even
- $565,808
- Rent that breaks even
- $4,849/mo
Long run
- Year 30: property vs stocks
- $2.44M 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
- 9.3
Each month
- Cash flow
- −$340/mo
- Cash-on-cash
- −2.6%
- Cap rate
- 5.2%
- DSCR
- 0.88×
Break-even
- Price that breaks even
- $481,882
- Rent that breaks even
- $5,439/mo
Long run
- Year 30: property vs stocks
- $1.87M vs $1.25M
- Cash flow turns positive
- year 6
The deal
- Price
- $540,000
- Cash to close
- $151,200
- Price per unit
- $270,000
- GRM
- 9.1
Each month
- Cash flow
- $129/mo
- Cash-on-cash
- 1.0%
- Cap rate
- 6.3%
- DSCR
- 1.05×
Break-even
- Price that breaks even
- $565,808
- Rent that breaks even
- $4,785/mo
Long run
- Year 30: property vs stocks
- $2.47M 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
- 9.1
Each month
- Cash flow
- −$290/mo
- Cash-on-cash
- −2.3%
- Cap rate
- 5.3%
- DSCR
- 0.89×
Break-even
- Price that breaks even
- $481,882
- Rent that breaks even
- $5,367/mo
Long run
- Year 30: property vs stocks
- $1.88M vs $1.21M
- Cash flow turns positive
- year 6
Monthly
Monthly breakdown
| Rent | $4,950 |
| Vacancy (6%) | −$297 |
| Collected | $4,653 |
| Property tax Listing | −$605 |
| Insurance Estimate | −$203 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$396 |
| Capital reserve (8% of rent) | −$396 |
| Net operating income | $2,823 |
| Mortgage (principal + interest) | −$3,293 |
| PMI | −$309 |
| Cash flow | −$779 |
| Principal paid down (equity, not cash) | $419 |
| Rent | $4,950 |
| Vacancy (6%) | −$297 |
| Collected | $4,653 |
| Property tax Listing | −$605 |
| Insurance Estimate | −$203 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$396 |
| Capital reserve (8% of rent) | −$396 |
| Property management | −$419 |
| Net operating income | $2,404 |
| Mortgage (principal + interest) | −$3,293 |
| PMI | −$309 |
| Cash flow | −$1,198 |
| Principal paid down (equity, not cash) | $419 |
| Rent | $4,950 |
| Vacancy (6%) | −$297 |
| Collected | $4,653 |
| Property tax Listing | −$605 |
| Insurance Estimate | −$203 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$396 |
| Capital reserve (8% of rent) | −$396 |
| Net operating income | $2,823 |
| Mortgage (principal + interest) | −$3,233 |
| PMI | −$304 |
| Cash flow | −$714 |
| Principal paid down (equity, not cash) | $411 |
| Rent | $4,950 |
| Vacancy (6%) | −$297 |
| Collected | $4,653 |
| Property tax Listing | −$605 |
| Insurance Estimate | −$203 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$396 |
| Capital reserve (8% of rent) | −$396 |
| Property management | −$419 |
| Net operating income | $2,404 |
| Mortgage (principal + interest) | −$3,233 |
| PMI | −$304 |
| Cash flow | −$1,133 |
| Principal paid down (equity, not cash) | $411 |
| Rent | $4,950 |
| Vacancy (6%) | −$297 |
| Collected | $4,653 |
| Property tax Listing | −$605 |
| Insurance Estimate | −$203 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$396 |
| Capital reserve (8% of rent) | −$396 |
| Net operating income | $2,823 |
| Mortgage (principal + interest) | −$2,927 |
| Cash flow | −$104 |
| Principal paid down (equity, not cash) | $372 |
| Rent | $4,950 |
| Vacancy (6%) | −$297 |
| Collected | $4,653 |
| Property tax Listing | −$605 |
| Insurance Estimate | −$203 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$396 |
| Capital reserve (8% of rent) | −$396 |
| Property management | −$419 |
| Net operating income | $2,404 |
| Mortgage (principal + interest) | −$2,927 |
| Cash flow | −$523 |
| Principal paid down (equity, not cash) | $372 |
| Rent | $4,950 |
| Vacancy (6%) | −$297 |
| Collected | $4,653 |
| Property tax Listing | −$605 |
| Insurance Estimate | −$203 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$396 |
| Capital reserve (8% of rent) | −$396 |
| Net operating income | $2,823 |
| Mortgage (principal + interest) | −$2,874 |
| Cash flow | −$51 |
| Principal paid down (equity, not cash) | $366 |
| Rent | $4,950 |
| Vacancy (6%) | −$297 |
| Collected | $4,653 |
| Property tax Listing | −$605 |
| Insurance Estimate | −$203 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$396 |
| Capital reserve (8% of rent) | −$396 |
| Property management | −$419 |
| Net operating income | $2,404 |
| Mortgage (principal + interest) | −$2,874 |
| Cash flow | −$470 |
| Principal paid down (equity, not cash) | $366 |
| Rent | $4,950 |
| Vacancy (6%) | −$297 |
| Collected | $4,653 |
| Property tax Listing | −$605 |
| Insurance Estimate | −$203 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$396 |
| Capital reserve (8% of rent) | −$396 |
| Net operating income | $2,823 |
| Mortgage (principal + interest) | −$2,744 |
| Cash flow | $79 |
| Principal paid down (equity, not cash) | $349 |
| Rent | $4,950 |
| Vacancy (6%) | −$297 |
| Collected | $4,653 |
| Property tax Listing | −$605 |
| Insurance Estimate | −$203 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$396 |
| Capital reserve (8% of rent) | −$396 |
| Property management | −$419 |
| Net operating income | $2,404 |
| Mortgage (principal + interest) | −$2,744 |
| Cash flow | −$340 |
| Principal paid down (equity, not cash) | $349 |
| Rent | $4,950 |
| Vacancy (6%) | −$297 |
| Collected | $4,653 |
| Property tax Listing | −$605 |
| Insurance Estimate | −$203 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$396 |
| Capital reserve (8% of rent) | −$396 |
| Net operating income | $2,823 |
| Mortgage (principal + interest) | −$2,694 |
| Cash flow | $129 |
| Principal paid down (equity, not cash) | $343 |
| Rent | $4,950 |
| Vacancy (6%) | −$297 |
| Collected | $4,653 |
| Property tax Listing | −$605 |
| Insurance Estimate | −$203 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$396 |
| Capital reserve (8% of rent) | −$396 |
| Property management | −$419 |
| Net operating income | $2,404 |
| Mortgage (principal + interest) | −$2,694 |
| Cash flow | −$290 |
| 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
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,334,994 |
| Minus 6% selling cost | −$80,100 |
| Minus loan still owedTenants' rent paid down all $495,000 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$394,826 of profit by year 30, before investment growth | $685,023 |
| What you'd walk away with | $1,939,918 |
| If you put the same money in stocks | |
| Cash to close ($71,500) invested at 7% | $544,276 |
| Monthly shortfalls ($33,838 total by yr 30) investedThe money you'd have put into the building while it lost money | $217,747 |
| What you'd walk away with | $762,023 |
| Building minus stocks | $1,177,895 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,334,994 |
| Minus 6% selling cost | −$80,100 |
| Minus loan still owedTenants' rent paid down all $495,000 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$206,599 of profit by year 30, before investment growth | $307,717 |
| What you'd walk away with | $1,562,612 |
| If you put the same money in stocks | |
| Cash to close ($71,500) invested at 7% | $544,276 |
| Monthly shortfalls ($84,689 total by yr 30) investedThe money you'd have put into the building while it lost money | $491,836 |
| What you'd walk away with | $1,036,113 |
| Building minus stocks | $526,499 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,310,722 |
| Minus 6% selling cost | −$78,643 |
| Minus loan still owedTenants' rent paid down all $486,000 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$412,192 of profit by year 30, before investment growth | $727,437 |
| What you'd walk away with | $1,959,516 |
| If you put the same money in stocks | |
| Cash to close ($70,200) invested at 7% | $534,380 |
| Monthly shortfalls ($29,378 total by yr 30) investedThe money you'd have put into the building while it lost money | $190,548 |
| What you'd walk away with | $724,928 |
| Building minus stocks | $1,234,588 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,310,722 |
| Minus 6% selling cost | −$78,643 |
| Minus loan still owedTenants' rent paid down all $486,000 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$219,729 of profit by year 30, before investment growth | $332,812 |
| What you'd walk away with | $1,564,890 |
| If you put the same money in stocks | |
| Cash to close ($70,200) invested at 7% | $534,380 |
| Monthly shortfalls ($75,994 total by yr 30) investedThe money you'd have put into the building while it lost money | $447,318 |
| What you'd walk away with | $981,698 |
| Building minus stocks | $583,192 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,334,994 |
| Minus 6% selling cost | −$80,100 |
| Minus loan still owedTenants' rent paid down all $440,000 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$509,112 of profit by year 30, before investment growth | $988,624 |
| What you'd walk away with | $2,243,519 |
| If you put the same money in stocks | |
| Cash to close ($126,500) invested at 7% | $962,950 |
| Monthly shortfalls ($1,544 total by yr 30) investedThe money you'd have put into the building while it lost money | $10,846 |
| What you'd walk away with | $973,796 |
| Building minus stocks | $1,269,723 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,334,994 |
| Minus 6% selling cost | −$80,100 |
| Minus loan still owedTenants' rent paid down all $440,000 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$294,921 of profit by year 30, before investment growth | $490,540 |
| What you'd walk away with | $1,745,435 |
| If you put the same money in stocks | |
| Cash to close ($126,500) invested at 7% | $962,950 |
| Monthly shortfalls ($26,431 total by yr 30) investedThe money you'd have put into the building while it lost money | $164,158 |
| What you'd walk away with | $1,127,108 |
| Building minus stocks | $618,327 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,310,722 |
| Minus 6% selling cost | −$78,643 |
| Minus loan still owedTenants' rent paid down all $432,000 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$527,339 of profit by year 30, before investment growth | $1,042,451 |
| What you'd walk away with | $2,274,529 |
| If you put the same money in stocks | |
| Cash to close ($124,200) invested at 7% | $945,442 |
| Monthly shortfalls ($610 total by yr 30) investedThe money you'd have put into the building while it lost money | $4,342 |
| What you'd walk away with | $949,784 |
| Building minus stocks | $1,324,745 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,310,722 |
| Minus 6% selling cost | −$78,643 |
| Minus loan still owedTenants' rent paid down all $432,000 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$309,441 of profit by year 30, before investment growth | $523,918 |
| What you'd walk away with | $1,755,997 |
| If you put the same money in stocks | |
| Cash to close ($124,200) invested at 7% | $945,442 |
| Monthly shortfalls ($21,790 total by yr 30) investedThe money you'd have put into the building while it lost money | $137,205 |
| What you'd walk away with | $1,082,647 |
| Building minus stocks | $673,350 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,334,994 |
| Minus 6% selling cost | −$80,100 |
| Minus loan still owedTenants' rent paid down all $412,500 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$573,433 of profit by year 30, before investment growth | $1,185,166 |
| What you'd walk away with | $2,440,061 |
| If you put the same money in stocks | |
| Cash to close ($154,000) invested at 7% | $1,172,287 |
| Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money | $0 |
| What you'd walk away with | $1,172,287 |
| Building minus stocks | $1,267,774 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,334,994 |
| Minus 6% selling cost | −$80,100 |
| Minus loan still owedTenants' rent paid down all $412,500 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$346,493 of profit by year 30, before investment growth | $613,065 |
| What you'd walk away with | $1,867,959 |
| If you put the same money in stocks | |
| Cash to close ($154,000) invested at 7% | $1,172,287 |
| Monthly shortfalls ($12,138 total by yr 30) investedThe money you'd have put into the building while it lost money | $79,294 |
| What you'd walk away with | $1,251,581 |
| Building minus stocks | $616,378 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,310,722 |
| Minus 6% selling cost | −$78,643 |
| Minus loan still owedTenants' rent paid down all $405,000 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$591,396 of profit by year 30, before investment growth | $1,241,727 |
| What you'd walk away with | $2,473,805 |
| If you put the same money in stocks | |
| Cash to close ($151,200) invested at 7% | $1,150,973 |
| Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money | $0 |
| What you'd walk away with | $1,150,973 |
| Building minus stocks | $1,322,832 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,310,722 |
| Minus 6% selling cost | −$78,643 |
| Minus loan still owedTenants' rent paid down all $405,000 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$361,462 of profit by year 30, before investment growth | $650,937 |
| What you'd walk away with | $1,883,015 |
| If you put the same money in stocks | |
| Cash to close ($151,200) invested at 7% | $1,150,973 |
| Monthly shortfalls ($9,144 total by yr 30) investedThe money you'd have put into the building while it lost money | $60,605 |
| What you'd walk away with | $1,211,578 |
| Building minus stocks | $671,437 |
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 $1.94M, stocks $762K. The property wins.
Year 30 (loan paid off): property $1.56M, stocks $1.04M. The property wins.
Year 30 (loan paid off): property $1.96M, stocks $725K. The property wins.
Year 30 (loan paid off): property $1.56M, stocks $982K. The property wins.
Year 30 (loan paid off): property $2.24M, stocks $974K. The property wins.
Year 30 (loan paid off): property $1.75M, stocks $1.13M. The property wins.
Year 30 (loan paid off): property $2.27M, stocks $950K. The property wins.
Year 30 (loan paid off): property $1.76M, stocks $1.08M. The property wins.
Year 30 (loan paid off): property $2.44M, stocks $1.17M. The property wins.
Year 30 (loan paid off): property $1.87M, stocks $1.25M. The property wins.
Year 30 (loan paid off): property $2.47M, stocks $1.15M. The property wins.
Year 30 (loan paid off): property $1.88M, stocks $1.21M. The property wins.
Comparable rentals
The closest rental listings with each unit's bedroom count, as of 2026-10-04. The estimate is the median asking rent of every rental we found nearby (the count is shown for each); houses are left out. Asking rents from Realtor.com rental listings, not signed leases.
3 bed estimate $2,475/mo · range $2,075–$3,900 · 9 rentals within 5 mi
| Address | Rent | Bd / Ba | Distance |
|---|---|---|---|
| 14030 Chestnut Dr, Eden Prairie | $2,105 | 3 / 1.5 | 2.2 mi |
| 13905 Chestnut Dr, Eden Prairie | $2,427 | 3 / 2 | 2.3 mi |
| 18900 Stratford Rd, Minnetonka | $1,946 | 3 / 1.5 | 2.8 mi |
| 11050 Red Circle Dr, Minnetonka | $3,985 | 3 / 2 | 3.5 mi |
| 6901-6905 Flying Cloud Dr, Eden Prairie | $3,725 | 3 / 2 | 3.6 mi |
| 10702 Red Circle Dr, Minnetonka | $4,217 | 3 / 2 | 3.7 mi |
| 11001 Bren Rd E, Hopkins | $1,839 | 3 / 2 | 3.7 mi |
| 17830 Valley Cove Ct, Minnetonka | $3,500 | 3 / 2 | 4.2 mi |
| 5180 Lincoln Dr, Edina | $2,195 | 3 / 2 | 4.8 mi |
On the maps, this property and comparable rentals. Comparable rentals and rent estimate: Realtor.com rental listings. 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 6980 ALPINE TRL
Opportunities
None found.
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 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% |
Status history
- Price cut at $550,000 (was $575,000) · from listing history
- New at $550,000
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.