1181 Edgcumbe Rd #1712 · St. Paul, MN 55105

$119,900

2 bd · 1.0 ba · 913 sqft · Condo public records · 71 Days on market

Built 1980 $807/mo HOA · 27% of rent

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Why this score? — see what drove the B- 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Rent growth +3.3/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Enjoy the view of all of St. Paul & beyond our your 17th floor windows! Ease of single-level living is at your fingertips in this charming oversized one bedroom, one-bath condo, thoughtfully designed for comfort and convenience. The open-concept living and dining area creates a bright, welcoming space, complemented by updated windows that bring in natural light. The galley style kitchen features attractive stainless steel appliances with ample cabinet and countertop space making meal prep and storage a breeze. The spacious primary bedroom was created by combining two bedrooms, offering an expansive retreat with plenty of room to relax. Storage is abundant throughout, with multiple large closets, including two oversized hallway storage closets and a dedicated linen closet—perfect for keeping everything organized. Spacious full bath rounds out this wonderful unit. Additional highlights include in-unit washer and dryer hookups for everyday convenience. Residents enjoy a variety of amenities, including secure 24-hour controlled access, elevators, a fitness center, resident lounge, library, sauna, guest suite, and a sunny atrium—ideal for relaxing year-round. Located next to scenic Wilder Park, you’ll have easy access to pickleball and tennis courts, ball fields, seasonal skating, and nearby biking trails along the Mississippi River. The magnificence of the view cannot be overstated! Watch the seasons change right out your window! Situated in the desirable Macalester-Groveland neighborhood, you’re just blocks from Grand Avenue’s shops and dining, as well as Trader Joe’s, Kowalski’s and major freeway access. Affordable, low-maintenance living in a prime city location—don’t miss this opportunity!

Key facts

• $807 HOA
• Garage
• Built 1980

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $120k.

Deal economics

• At list price, monthly cash flow is $741 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $120k).
• Recommended offer: $113k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• St. Paul Public School District (urban): math 21% / reading 33% proficiency, ranked #270 of 301 in MN (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+3.1%/yr); 124 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 1,202 units permitted in Ramsey County in 2024 (880 in 5+ unit buildings).
• This rent runs 33% of the median local income ($107k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $829 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Ramsey County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.1% rent growth), your $34k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 71 days — a 6% lower offer ($113k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 32y 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 27% of rent.

Recommended offer $112,706 (6.0% below list)

Questions for the listing agent

1. It's been on market 71 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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.
7. 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.
8. 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: 2.48% ✓
• Cap rate: 13.71%
• Cash-on-cash: 26.50%
• DSCR: 2.18
• GRM: 3.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.15% rent growth · sell at horizon

5-year hold

• IRR: 20.9%
• Equity multiple: 1.86×
• Total profit: $28,761
• Equity at exit: $17,877

10-year hold

• IRR: 29.3%
• Equity multiple: 3.68×
• Total profit: $89,818
• Equity at exit: $10,367

Cash invested: $33,572 (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 55105

• Rents YoY: 3.1%
• Active inventory: 124
• Price-to-rent: 3.4×

Monthly cashflow live

• Estimated rent: $2,971 high
• Mortgage (P&I): −$629
• Tax from tax record: −$120 /mo · $1,442/yr
• Insurance: −$50
• HOA: −$807
• Vacancy / Maint / Mgmt: −$624
• Net cashflow: $741

Break-even live

Break-even rent $2,033

Max offer price $119,900

Occupancy floor 70%

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: $29,975
• Closing costs: $3,597
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
470 Lexington Pkwy S Saint Paul, MN	2.0	1.0–2.0	1175	$3,500	$2.98	2d	19	0.34mi
695 Grand Ave Saint Paul, MN	1.0–2.0	1.0–2.0	1130	$5,795	$5.13	18d	10	1.10mi
740 Victoria St S Saint Paul, MN	3.0	1.0–2.0	1076	$2,906	$2.70	2d	39	1.14mi
150 Snelling Ave N St Paul, MN	2.0	1.0–2.0	741	$2,598	$3.51	2d	8	1.30mi
1555 Selby Ave Saint Paul, MN	3.0	1.0–2.0	1129	$3,428	$3.04	2d	7	1.32mi

HOA detail condo

• Monthly dues: $807 · $9,684/yr
• Likely covers: gym
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 22 events

1. 2026-06-18
   days on market $119,900 Active 71 DOM
2. 2026-06-17
   days on market $119,900 Active 70 DOM
3. 2026-06-16
   days on market $119,900 Active 69 DOM
4. 2026-06-15
   days on market $119,900 Active 68 DOM
5. 2026-06-13
   days on market $119,900 Active 66 DOM
6. 2026-06-09
   days on market $119,900 Active 62 DOM
7. 2026-06-08
   days on market $119,900 Active 61 DOM
8. 2026-06-07
   days on market $119,900 Active 60 DOM
9. 2026-06-04
   pricedays on market $119,900 Active 57 DOM
10. 2026-06-03
    days on market $124,900 Active 56 DOM
11. 2026-06-02
    days on market $124,900 Active 55 DOM
12. 2026-06-01
    days on market $124,900 Active 54 DOM
13. 2026-05-31
    days on market $124,900 Active 53 DOM
14. 2026-04-09
    listed $124,900 Active 1776-char remark

    Show marketing remark (1776 chars)

    Enjoy the view of all of St. Paul & beyond our your 17th floor windows! Ease of single-level living is at your fingertips in this charming oversized one bedroom, one-bath condo, thoughtfully designed for comfort and convenience. The open-concept living and dining area creates a bright, welcoming space, complemented by updated windows that bring in natural light. The galley style kitchen features attractive stainless steel appliances with ample cabinet and countertop space making meal prep and storage a breeze. The spacious primary bedroom was created by combining two bedrooms, offering an expansive retreat with plenty of room to relax. Storage is abundant throughout, with multiple large closets, including two oversized hallway storage closets and a dedicated linen closet—perfect for keeping everything organized. Spacious full bath rounds out this wonderful unit. Additional highlights include in-unit washer and dryer hookups for everyday convenience. Residents enjoy a variety of amenities, including secure 24-hour controlled access, elevators, a fitness center, resident lounge, library, sauna, guest suite, and a sunny atrium—ideal for relaxing year-round. Located next to scenic Wilder Park, you’ll have easy access to pickleball and tennis courts, ball fields, seasonal skating, and nearby biking trails along the Mississippi River. The magnificence of the view cannot be overstated! Watch the seasons change right out your window! Situated in the desirable Macalester-Groveland neighborhood, you’re just blocks from Grand Avenue’s shops and dining, as well as Trader Joe’s, Kowalski’s and major freeway access. Affordable, low-maintenance living in a prime city location—don’t miss this opportunity!

15. 2026-04-07
    historical $124,900 1776-char remark

    Show marketing remark (1776 chars)

    Enjoy the view of all of St. Paul & beyond our your 17th floor windows! Ease of single-level living is at your fingertips in this charming oversized one bedroom, one-bath condo, thoughtfully designed for comfort and convenience. The open-concept living and dining area creates a bright, welcoming space, complemented by updated windows that bring in natural light. The galley style kitchen features attractive stainless steel appliances with ample cabinet and countertop space making meal prep and storage a breeze. The spacious primary bedroom was created by combining two bedrooms, offering an expansive retreat with plenty of room to relax. Storage is abundant throughout, with multiple large closets, including two oversized hallway storage closets and a dedicated linen closet—perfect for keeping everything organized. Spacious full bath rounds out this wonderful unit. Additional highlights include in-unit washer and dryer hookups for everyday convenience. Residents enjoy a variety of amenities, including secure 24-hour controlled access, elevators, a fitness center, resident lounge, library, sauna, guest suite, and a sunny atrium—ideal for relaxing year-round. Located next to scenic Wilder Park, you’ll have easy access to pickleball and tennis courts, ball fields, seasonal skating, and nearby biking trails along the Mississippi River. The magnificence of the view cannot be overstated! Watch the seasons change right out your window! Situated in the desirable Macalester-Groveland neighborhood, you’re just blocks from Grand Avenue’s shops and dining, as well as Trader Joe’s, Kowalski’s and major freeway access. Affordable, low-maintenance living in a prime city location—don’t miss this opportunity!

16. 2019-06-03
    soldstatus $115,000
17. 2004-09-22
    soldstatus $145,000
18. 1995-07-28
    soldstatus $64,500
19. 1995-07-28
    soldstatus $70,000
20. 1995-05-30
    soldstatus $70,000
21. 1995-05-02
    historical
22. 1994-08-12
    listed $79,000

ⓘ 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: $1,442 · $120/mo
• Projected year-2 tax: $1,442 · $120/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 ≥99°F today · 14 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $35,655
• − Mortgage interest: −$6,716
• − Property taxes: −$1,442
• − Insurance: −$600
• − Repairs & maintenance: −$2,852
• − Management: −$2,852
• − HOA: −$9,684
• − Depreciation: −$3,488
• Taxable income: $8,020
• Est. tax owed @ 24.0%: −$1,925
• After-tax cash flow: $6,972/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. Paul Public School District
• NCES district ID: 2733840
• Math proficiency: 21% ▼ -11.00%
• Reading proficiency: 33% ▼ -7.00%
• Median HH income: $48,316
• Composite: 23.51/100
• National rank: #7868
• State rank: #270 of 301 in MN

Livability — St. Paul

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

Census & demographics

• Census place: St. Paul, MN
• County: Ramsey County · 542,837 people
• City population: 280,599
• Metro: Minneapolis-St. Paul-Bloomington, MN-WI
• Population (ZIP): 28,617
• Household income: $107,248
• Rent vs Own: 33.4% rent · 66.6% own
• Severe rent burden: 909.0

Population outlook (Ramsey County) Hauer SSP2

• Today (2025): 603,431 people
• By 2030: 636,459 · +5.5%
• By 2040: 700,596 · +16.1%
• By 2050: 765,819 · +26.9%
• By 2075: 929,297 · +54.0%
• By 2100: 1,053,924 · +74.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Two or more races 7% Hispanic / Latino 5% Asian 4% Black 3%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Portuguese 11% Romanian 4% Lithuanian 4%
• Foreign-born: 4% · Canada, China, South Korea
• Languages at home: 91% English-only · Spanish 4% German/W. Germanic 1% Other Asian/Pacific 1%

Political lean MEDSL · Ramsey

• 2024 margin: Solid D (+43.3) · D 70.5% · R 27.2% · Other 2.3%
• 2008→2024 swing: +9.4pp toward D · 2008: 33.9pp · 2024: 43.3pp
• All cycles: 2024: D+43.3 2020: D+45.4 2016: D+39.4 2012: D+35.3 2008: D+33.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -562.23%
• Current HPI: 223.6008
• Rent YoY: ▲ 3.15%
• 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

+58.1% since first listed

9 events — show timeline

• 2026-04-09 Listed $124,900 NORTHSTARMLS as Distributed by MLS Grid
• 2026-04-07 Coming Soon $124,900 NORTHSTARMLS as Distributed by MLS Grid
• 2019-06-03 Sold (Public Records) $115,000 Public Records
• 2004-09-22 Sold (Public Records) $145,000 Public Records
• 1995-07-28 Sold (Public Records) $70,000 Public Records
• 1995-07-28 Sold (Public Records) $64,500 Public Records
• 1995-05-30 Sold (MLS) $70,000 NORTHSTARMLS as Distributed by MLS Grid
• 1995-05-02 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 1994-08-12 Listed $79,000 NORTHSTARMLS as Distributed by MLS Grid

Property tax history

+5.8%/yr

Latest (2025): $1,442 · -7.1% YoY. Source: county tax records.