5911 Oxford St #7 · St. Louis Park, MN 55416

$119,000

1 bd · 1.0 ba · 771 sqft · Condo public records · 2 Days on market

Built 1965 $154/sqft · 26% below area Est $162k · 26% under $359/mo HOA · 23% of rent ↓ 2% since listing

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +17.9/30.0
• ARV discount +15.0/15.0
• 1% rule +7.9/10.0
• DSCR +5.6/10.0
• Schools +4.4/10.0
• Rent growth +3.1/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Ready to own for less than rent? LOW HOA makes this gem extremely affordable! This wonderful condo is in a charming 12-unit building, tucked away on a quiet street, yet close to everything. You're within a mile of Target, Lunds, the post office, Bunny's Restaurant, and more. Future light rail station projected to open in summer 2027-plus you're just a quick 10-minute drive to downtown Minneapolis. Inside, you'll love how bright and open the living + dining space is, flowing seamlessly into a kitchen featuring stainless steel appliances, a butcher block countertop, and plenty of storage. Speaking of storage - the unit has a large closet in the entryway, an oversized linen closet in the hallw

Key facts

• $359 HOA
• Garage
• Built 1965

Tags

• BRIGHT MOVE-IN-READY CONDO
• CHARMING 12-UNIT BUILDING
• LARGE EAST-FACING BALCONY
• STAINLESS STEEL APPLIANCES
• BUTCHER BLOCK COUNTERTOPS
• PLENTY OF CABINET STORAGE

Property features AI

Finance

• Financial info: Cash mortgage type indicated
• HOA & community: Oxford Gardens (self-managed); Monthly association fee of $359; Association fee covers gas, hazard insurance, heating, lawn care, grounds maintenance, snow removal and water; Association amenities include coin-op laundry (owned)

Exterior

• Parking: Shared garage/stall; One garage space (approx. 21x11)
• Utilities: City water (in street); City sewer, connected; Natural gas
• Home design: Attached residential property; Main floor entry with primary bedroom on main; More than two stories
• Construction: Block foundation
• Exterior features: Covered porch/deck; Deck; Stone exterior

Interior

• Kitchen: Cooktop; Range; Microwave; Refrigerator; Stainless steel appliances
• Bedrooms: One bedroom on the main level (14x12)
• Bathrooms: Main floor full bathroom
• Heating & cooling: Hot water heating; Wall-mounted air conditioning unit(s)
• Interior features: Finished basement with storage space; Main floor primary bedroom; Informal dining area; Covered deck; Stone exterior accents; Grab bars in bathroom
• Laundry & utility: Coin-op laundry available (owned) in the association/common area

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $119k.

Deal economics

• At list price, monthly cash flow is $100 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $119k).
• Cap rate 7.3% vs local median 3.1% in St. Louis Park — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• St. Louis Park Public School District (suburban): math 45% / reading 55% proficiency, ranked #100 of 301 in MN (top 33%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+2.3%/yr); 205 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 4,651 units permitted in Hennepin County in 2024 (2,443 in 5+ unit buildings).
• This rent is only 17% of the median local income ($106k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $823 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Hennepin County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
• 7 sale attempts since 23y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: HOA is 23% of rent.

Recommended offer $119,000

Questions for the listing agent

1. Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.29% ✓
• Cap rate: 7.30%
• Cash-on-cash: 3.59%
• DSCR: 1.16
• GRM: 6.4

CMA / ARV

• ARV (median comp): $161,876
• List price: $119,000
• Delta: -19.69%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 2.26% rent growth · sell at horizon

5-year hold

• IRR: -11.6%
• Equity multiple: 0.58×
• Total profit: $-13,861
• Equity at exit: $17,743

10-year hold

• IRR: -3.6%
• Equity multiple: 0.77×
• Total profit: $-7,656
• Equity at exit: $10,289

Cash invested: $33,320 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 46 Balanced
• State Minnesota: 46 Balanced · D+2
• County: — inherits STATE
• City: — inherits STATE

2024 reforms strengthened tenant protections; ramsey/hennepin courts paced moderate to slow.

Methodology + full state rankings →

ZIP-level market 55416

• Rents YoY: 2.3%
• Active inventory: 205
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $1,539 high
• Mortgage (P&I): −$624
• Tax from tax record: −$83 /mo · $1,000/yr
• Insurance: −$50
• HOA: −$359
• Vacancy / Maint / Mgmt: −$323
• Net cashflow: $100

Break-even live

Break-even rent $1,413

Max offer price $119,000

Occupancy floor 89%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $29,750
• Closing costs: $3,570
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5855 Highway 7 Minneapolis, MN	3.0	1.0–2.0	991	$1,818	$1.83	1d	40	0.34mi
5924 W 35th St Unit A Minneapolis, MN	1.0	1.0	750	$995	$1.33	18d	1	0.36mi
5600 Camerata Way Minneapolis, MN	1.0–2.0	1.0–2.0	1037	$1,608	$1.55	2d	27	0.42mi
5707 Highway 7 Minneapolis, MN	1.0–2.0	1.0–2.0	1007	$1,675	$1.66	2d	9	0.47mi
6224 Hamilton St Apt 7 Minneapolis, MN	2.0	1.0	850	$1,395	$1.64	24d	1	0.48mi
3601 Park Center Blvd Minneapolis, MN	1.0–2.0	1.0–2.0	942	$1,578	$1.68	2d	22	0.53mi
4800 Excelsior Blvd Minneapolis, MN	2.0	1.0–2.0	890	$2,310	$2.59	1d	10	0.61mi
3820 Grand Way St Louis Park, MN	1.0–2.0	1.0–3.0	1301	$1,795	$1.38	1d	35	0.71mi
3510 Belt Line Blvd Minneapolis, MN	1.0	1.0	809	$2,254	$2.78	22d	7	0.76mi
6922 Meadowbrook Blvd St Louis Park, MN	2.0	1.0	817	$1,550	$1.90	1d	53	0.78mi
4525 Park Commons Dr Minneapolis, MN	2.0	1.0	994	$2,295	$2.31	43d	1	0.82mi
7201 Walker St Minneapolis, MN	1.0–3.0	1.0–2.0	1078	$1,689	$1.57	1d	22	0.83mi
3440 Belt Line Blvd Minneapolis, MN	1.0	1.0	706	$1,856	$2.63	2d	14	0.85mi
5700 W Lake St Minneapolis, MN	2.0	1.5	1000	$1,499	$1.50	12d	1	0.87mi
3624 Lynn Ave St Louis Park, MN	2.0	1.0–2.0	687	$1,085	$1.58	24d	7	0.88mi
3000 Highway 100 S Minneapolis, MN	1.0–2.0	1.0–1.5	867	$1,175	$1.35	15d	3	0.94mi
7450 Highway 7 Saint Louis Park, MN	1.0–2.0	1.0–2.0	900	$1,542	$1.71	3d	15	0.95mi
5621 Minnetonka Blvd Minneapolis, MN	1.0–2.0	1.0	800	$1,279	$1.60	12d	2	0.97mi
4320 W 36 1/2 St Minneapolis, MN	1.0–2.0	1.0	685	$1,050	$1.53	15d	3	0.98mi
7450 Minnesota 7 Unit 372 Minneapolis, MN	2.0	2.0	1110	$2,100	$1.89	24d	1	0.99mi
7450 Minnesota 7 Unit 208 Minneapolis, MN	1.0	1.0	890	$1,695	$1.90	24d	1	0.99mi
7450 Minnesota 7 Unit 272 Minneapolis, MN	2.0	2.0	1110	$2,077	$1.87	24d	1	0.99mi
7450 Minnesota 7 Unit 115 Minneapolis, MN	1.0	1.0	890	$1,736	$1.95	24d	1	0.99mi
7450 Minnesota 7 Unit 360 Minneapolis, MN	1.0	1.0	630	$1,542	$2.45	18d	1	0.99mi
4501 Park Glen Rd St Louis Park, MN	1.0–2.0	1.0–2.0	904	$1,434	$1.59	2d	23	0.99mi
4320 W 36th 1/2 St Unit 204 Minneapolis, MN	1.0	1.0	550	$1,000	$1.82	24d	1	1.00mi
4320 W 36th 1/2 St Unit 103 Minneapolis, MN	2.0	1.0	820	$1,250	$1.52	43d	1	1.00mi
4320 W 36th 1/2 St Unit 102 Minneapolis, MN	1.0	1.0	550	$975	$1.77	24d	1	1.00mi
4820 MN-7 St Louis Park, MN	1.0–2.0	1.0–1.5	875	$1,340	$1.53	2d	13	1.03mi
5108 Minnetonka Blvd Unit 802 St Louis Park, MN	1.0	1.0	675	$1,225	$1.81	43d	1	1.08mi
5108 Minnetonka Blvd Unit 805 St Louis Park, MN	1.0	1.0	675	$1,095	$1.62	43d	1	1.08mi
8224 W 30th ST Golden Valley, MN	2.0	1.0–1.5	875	$1,318	$1.51	1d	27	1.09mi
4380 Brookside Ct Edina, MN	1.0	1.0	900	$1,750	$1.94	18d	1	1.11mi
3504 Minikahda Ct St Louis Park, MN	2.0	1.0	565	$1,270	$2.25	3d	9	1.16mi
7400 Oak Park Village Dr Minneapolis, MN	1.0–3.0	1.0–2.5	1163	$1,515	$1.30	3d	5	1.17mi
4301 Park Glen Rd Minneapolis, MN	2.0	1.0–2.0	781	$1,604	$2.05	2d	11	1.19mi
3016 Lynn Ave Apt 3B Minneapolis, MN	1.0	1.0	650	$1,115	$1.72	43d	1	1.26mi
4505 W 36th St St Louis Park, MN	1.0	1.0	700	$1,269	$1.81	3d	3	1.28mi
3920 Excelsior Blvd Minneapolis, MN	2.0	1.0–2.0	1050	$2,267	$2.16	1d	16	1.30mi
1328 Lake St NE Hopkins, MN	1.0–2.0	1.0–1.5	770	$1,310	$1.70	2d	10	1.33mi

HOA detail condo

• Monthly dues: $359 · $4,308/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 32 events

1. 2026-06-18
   days on market $119,000 Active 2 DOM
2. 2026-06-17
   pricedays on marketlisting id $119,000 Active 1 DOM
3. 2026-06-16
   days on market $130,000 Active 68 DOM
4. 2026-06-15
   days on market $130,000 Active 67 DOM
5. 2026-06-13
   days on market $130,000 Active 65 DOM
6. 2026-06-09
   days on market $130,000 Active 61 DOM
7. 2026-06-08
   days on market $130,000 Active 60 DOM
8. 2026-06-07
   days on market $130,000 Active 59 DOM
9. 2026-06-04
   days on market $130,000 Active 56 DOM
10. 2026-06-03
    days on market $130,000 Active 55 DOM
11. 2026-06-02
    days on market $130,000 Active 54 DOM
12. 2026-06-01
    days on market $130,000 Active 53 DOM
13. 2026-05-31
    days on market $130,000 Active 52 DOM
14. 2026-04-09
    listed $130,000 Active 1200-char remark
15. 2026-04-09
    historical
16. 2026-02-26
    price $147,500
17. 2026-02-13
    listed $150,000 Active
18. 2026-02-10
    historical
19. 2017-09-07
    soldstatus $106,000 Sold
20. 2017-09-07
    soldstatus $106,000
21. 2017-08-06
    status Pending
22. 2017-08-01
    historical
23. 2017-07-28
    status Active
24. 2017-07-20
    status Pending
25. 2017-07-17
    historical Contingent - Inspection
26. 2017-07-13
    listed $110,000 Active
27. 2004-04-28
    soldstatus $121,900
28. 2004-04-28
    soldstatus $121,900
29. 2004-03-13
    historical
30. 2004-02-13
    listed $121,900
31. 2004-02-12
    historical
32. 2003-05-16
    listed $121,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MN · Partial reset (capped growth)

• Current annual tax: $1,000 · $83/mo
• Projected year-2 tax: $1,167 · $97/mo
• Expected delta: +$166/yr (+$14/mo · 16.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥98°F today · 14 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,468
• − Mortgage interest: −$6,666
• − Property taxes: −$1,000
• − Insurance: −$595
• − Repairs & maintenance: −$1,477
• − Management: −$1,477
• − HOA: −$4,308
• − Depreciation: −$3,462
• Taxable loss: −$518
• Est. tax savings @ 24.0%: +$124
• After-tax cash flow: $1,322/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: St. Louis Park Public School District
• NCES district ID: 2733780
• Math proficiency: 45% ▼ -8.00%
• Reading proficiency: 55% ▼ -4.00%
• Median HH income: $65,785
• Composite: 44.26/100
• National rank: #2840
• State rank: #100 of 301 in MN

Livability — St. Louis Park

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: St. Louis Park, MN
• County: Hennepin County · 1,150,272 people
• City population: 60,356
• Metro: Minneapolis-St. Paul-Bloomington, MN-WI
• Population (ZIP): 35,015
• Household income: $105,958
• Rent vs Own: 50.1% rent · 49.9% own
• Severe rent burden: 1213.0

Population outlook (Hennepin County) Hauer SSP2

• Today (2025): 1,405,227 people
• By 2030: 1,492,650 · +6.2%
• By 2040: 1,660,157 · +18.1%
• By 2050: 1,823,498 · +29.8%
• By 2075: 2,221,283 · +58.1%
• By 2100: 2,509,976 · +78.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (79%)
• Race & ethnicity: White 79% Two or more races 9% Hispanic / Latino 8% Black 5% Asian 4%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Portuguese 12% Romanian 5% Lithuanian 4%
• Foreign-born: 8% · Canada, China, South Korea
• Languages at home: 89% English-only · Spanish 4% Other Indo-European 1% Other Asian/Pacific 1%

Political lean MEDSL · Hennepin

• 2024 margin: Solid D (+42.6) · D 70.2% · R 27.5% · Other 2.3%
• 2008→2024 swing: +14.0pp toward D · 2008: 28.6pp · 2024: 42.6pp
• All cycles: 2024: D+42.6 2020: D+43.2 2016: D+35.3 2012: D+27.1 2008: D+28.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -490.63%
• Current HPI: 230.651
• Rent YoY: ▲ 2.26%
• Metro: Minneapolis-St. Paul-Bloomington, MN-WI
• State GDP YoY: ▲ 2.41%
• F500 in state: 34

Industry mix (Fortune 500 HQ in MN)

Industry	F500 HQs	Revenue
▸Healthcare	2	$407B
▸Retail	2	$150B
▸Consumer Goods	2	$32B
▸Industrial Machinery	2	$6B
▸Agriculture	1	$40B
▸Healthcare / Medical Devices	1	$32B

Price history

-2.4% since first listed

21 events — show timeline

• 2026-06-16 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 2026-06-16 Listed $119,000 NORTHSTARMLS as Distributed by MLS Grid
• 2026-04-09 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 2026-04-09 Listed $130,000 NORTHSTARMLS as Distributed by MLS Grid
• 2026-02-26 Price Changed $147,500 NORTHSTARMLS as Distributed by MLS Grid
• 2026-02-13 Listed $150,000 NORTHSTARMLS as Distributed by MLS Grid
• 2026-02-10 Coming Soon — NORTHSTARMLS as Distributed by MLS Grid
• 2017-09-07 Sold (Public Records) $106,000 Public Records
• 2017-09-07 Sold (MLS) $106,000 NORTHSTARMLS as Distributed by MLS Grid
• 2017-08-06 Pending — NORTHSTARMLS as Distributed by MLS Grid
• 2017-08-01 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 2017-07-28 Relisted — NORTHSTARMLS as Distributed by MLS Grid
• 2017-07-20 Pending — NORTHSTARMLS as Distributed by MLS Grid
• 2017-07-17 Contingent — NORTHSTARMLS as Distributed by MLS Grid
• 2017-07-13 Listed $110,000 NORTHSTARMLS as Distributed by MLS Grid
• 2004-04-28 Sold (Public Records) $121,900 Public Records
• 2004-04-28 Sold (MLS) $121,900 NORTHSTARMLS as Distributed by MLS Grid
• 2004-03-13 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 2004-02-13 Listed $121,900 NORTHSTARMLS as Distributed by MLS Grid
• 2004-02-12 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 2003-05-16 Listed $121,900 NORTHSTARMLS as Distributed by MLS Grid

Property tax history

+1.1%/yr

Latest (2025): $1,000 · -8.7% YoY. Source: county tax records.