2620 Kentucky Ave S · St. Louis Park, MN 55426

$225,000

3 bd · 1.5 ba · 1,440 sqft · Other public records · 38 Days on market

Built 1951 6,534 sqft lot $156/sqft · 41% below area Est $407k · 45% under

---

Why this score? — see what drove the D+ 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).

• ARV discount +15.0/15.0
• Cash flow +13.8/30.0
• Schools +4.4/10.0
• 1% rule +4.3/10.0
• DSCR +4.2/10.0
• Rent growth +3.0/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Exceptional gem with updates galore! Perfectly nestled in the heart of St. Louis Park, this 1 ½ story adorable bungalow offers the ideal blend of character, comfort, and convenience. Just minutes from West End, Ridgedale Mall, walking trails and parks, schools, and great restaurants—with easy highway access and only 15 minutes to downtown Minneapolis—you’ll love how this home offers the best of both worlds: city amenities with a peaceful neighborhood feel. Step inside to discover a home filled with charm, natural light, and thoughtful updates throughout. The inviting main level features refinished gleaming hardwood floors, fresh paint, white enamel trim, new light fixtures, and a beautifully updated kitchen complete with a cozy eat-in nook. The bright living spaces are warm and welcoming, perfect for both everyday living and entertaining. Upstairs, the spacious primary suite offers a walk-in closet and private ½ bath—bright, airy, and filled with natural light. The refinished lower level expands your living space with a newly added 4th bedroom, comfortable family room, ample storage, and stylish finishes. The outdoor spaces are equally impressive. Enjoy a brand-new fully fenced backyard, patio pavers, an inviting fire pit, and an additional storage shed—the outdoor haven is perfect for relaxing, gathering with friends, or hosting family get-togethers. Your own private retreat right in the city! With 4 bedrooms, 2 bathrooms, countless updates, and a prime location, this home blends charm and functionality beautifully—move-in ready and waiting for its next chapter!

Key facts

• Hvac
• Washer and dryer
• Hot water heater

Tags

• NEW ROOF
• HVAC
• WINDOWS
• HOT WATER HEATER
• WASHER AND DRYER
• HARDWOOD FLOORS

Property features AI

Finance

• Financial info: Property is free and clear (no mortgage noted)
• HOA & community: Land is leased with a lease amount of $30

Exterior

• Parking: Detached or attached garage with concrete surface and garage door opener; 2-car garage (dimensions approximately 17 x 19)
• Utilities: City water (connected); City sewer (connected); Natural gas; Electric service with circuit breakers (Xcel Energy)
• Home design: Residential property; One and one-half levels; Pitched asphalt roof (age 8 years or less)
• Construction: Block construction; Block foundation
• Exterior features: Vinyl exterior; Patio; Storage shed; No pool; No fencing

Interior

• Kitchen: Dishwasher; Range; Microwave; Refrigerator; Stainless steel appliances; Eat-in kitchen
• Bedrooms: 4 bedrooms total; One bedroom located on the lower level; One bedroom located on the upper level; At least one bedroom on the main level
• Flooring: Hardwood floors
• Bathrooms: One full bathroom on the main floor; Half bathroom in the primary; Half bathroom on the upper level
• Heating & cooling: Forced air heating; Central air conditioning
• Interior features: Hardwood floors; Partially finished basement; Kitchen window; Patio access; Water softener (owned)
• Laundry & utility: Washer and dryer hookups; Washer included; Dryer included; Gas dryer hookup; Laundry sink; Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath other listed at $225k.

Deal economics

• At list price, monthly cash flow is $22 ($259/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $210k (6.8% below list).
• Recommended offer: $210k (6.8% below list) — sets the bar for 1% rule.
• Cap rate 6.4% 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 D — 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 (+1.9%/yr); 138 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 5d 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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

• It's been on market 38 days — a 3% lower offer ($218k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 34y 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: built in 1951 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $209,656 (6.8% below list)

Questions for the listing agent

1. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 7% concession, seller financing, or rate buy-down credit?
2. Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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 for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.93% ✗
• Cap rate: 6.41%
• Cash-on-cash: 0.41%
• DSCR: 1.02
• GRM: 8.9

CMA / ARV

• ARV (median comp): $406,980
• List price: $225,000
• Delta: -44.71%
• Verdict: UNDERPRICED
• Comps: 11 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 1.87% rent growth · sell at horizon

5-year hold

• IRR: -16.9%
• Equity multiple: 0.41×
• Total profit: $-37,361
• Equity at exit: $33,548

10-year hold

• IRR: -11.1%
• Equity multiple: 0.37×
• Total profit: $-39,890
• Equity at exit: $19,454

Cash invested: $63,000 (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 55426

• Rents YoY: 1.9%
• Active inventory: 138
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $2,097 high
• Mortgage (P&I): −$1,180
• Tax from tax record: −$361 /mo · $4,332/yr
• Insurance: −$94
• HOA: −$0
• Vacancy / Maint / Mgmt: −$440
• Net cashflow: $22

Break-even live

Break-even rent $2,069

Max offer price $225,000

Occupancy floor 94%

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: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2501 Nevada Ave Unit 2255-022 St Louis Park, MN	2.0	1.0	925	$1,350	$1.46	17d	1	0.24mi
29XX Nevada Ave S St Louis Park, MN	1.0–2.0	1.0	865	$1,550	$1.79	5d	19	0.26mi
2501 Nevada Ave Unit 2255-001 St Louis Park, MN	2.0	1.0	925	$1,275	$1.38	16d	1	0.28mi
2601 Georgia Ave S Minneapolis, MN	3.0	2.0	1700	$2,699	$1.59	5d	1	0.28mi
2700 Florida Ave S Minneapolis, MN	4.0	3.0	1800	$2,899	$1.61	5d	1	0.33mi
2727 Rhode Island Ave S Minneapolis, MN	1.0–2.0	1.0	875	$1,400	$1.60	5d	7	0.42mi
6800 Cedar Lake Rd S Minneapolis, MN	1.0–3.0	1.0–2.0	1017	$3,200	$3.14	1d	11	0.51mi
3057 Kentucky Ave S Minneapolis, MN	4.0	2.0	1636	$2,595	$1.59	5d	1	0.56mi
6510 Cedar Lake Rd S Minneapolis, MN	3.0	1.5	1633	$2,495	$1.53	22d	1	0.62mi
7920 Minnetonka Blvd Minneapolis, MN	2.0	1.0–2.0	865	$2,902	$3.35	1d	13	0.65mi
3125 Quebec Ave S Minneapolis, MN	4.0	2.0	1700	$3,099	$1.82	17d	1	0.72mi
7908 W 31st St Minneapolis, MN	3.0	2.0	1800	$2,200	$1.22	17d	1	0.75mi
7400 Oak Park Village Dr Minneapolis, MN	1.0–3.0	1.0–2.5	1163	$2,405	$2.07	2d	5	0.82mi
2220 Ridge Dr Minneapolis, MN	2.0	2.0	1080	$1,985	$1.84	17d	1	0.87mi
1435 Hampshire Ave S St Louis Park, MN	1.0–2.0	1.0–2.0	930	$1,935	$2.08	1d	13	0.89mi
8216 W 31st St Unit 08 Minneapolis, MN	2.0	1.0	950	$1,250	$1.32	5d	1	0.93mi
8216 W 31st St Unit 07 Minneapolis, MN	2.0	1.0	950	$1,250	$1.32	24d	1	0.93mi
3117 Virginia Ave S Unit 102 Minneapolis, MN	2.0	1.0	970	$1,425	$1.47	43d	1	0.93mi
1351 Hampshire Ave S Minneapolis, MN	1.0–2.0	1.0	920	$1,675	$1.82	2d	14	0.93mi
3033 Xylon Ave S Minneapolis, MN	2.0	1.0	837	$1,262	$1.51	5d	2	0.94mi
1360 Hampshire Ave S Minneapolis, MN	1.0–2.0	1.0–1.5	825	$1,655	$2.01	5d	1	0.94mi
3251 Louisiana Ave S #116 Minneapolis, MN	2.0	2.0	1503	$2,499	$1.66	5d	1	0.94mi
3071 Zarthan Ave S Saint Louis Park, MN	2.0	1.5	1360	$1,995	$1.47	24d	1	1.01mi
5700 W Lake St Minneapolis, MN	2.0	1.5	1000	$1,499	$1.50	12d	1	1.05mi
5621 Minnetonka Blvd Minneapolis, MN	1.0–2.0	1.0	800	$1,509	$1.89	12d	2	1.06mi
2524 Minneapolis, MN	1.0–2.0	1.0	700	$1,550	$2.21	12d	5	1.06mi
2524 Minnesota 100 Unit 2516-0621 St Louis Park, MN	2.0	1.0	925	$1,500	$1.62	3d	1	1.10mi
2524 Minnesota 100 Unit 2518-0725 St Louis Park, MN	2.0	1.0	1000	$1,675	$1.68	43d	1	1.10mi
2524 Minnesota 100 Unit 2516-0616 St Louis Park, MN	2.0	1.0	950	$1,550	$1.63	3d	1	1.10mi
3000 Highway 100 S Minneapolis, MN	1.0–2.0	1.0–1.5	867	$1,475	$1.70	14d	3	1.15mi
7201 Walker St Minneapolis, MN	1.0–3.0	1.0–2.0	1078	$2,699	$2.50	1d	22	1.21mi
7450 Minnesota 7 Unit 272 Minneapolis, MN	2.0	2.0	1110	$2,077	$1.87	24d	1	1.24mi
7450 Minnesota 7 Unit 320 Minneapolis, MN	2.0	2.0	1170	$2,096	$1.79	24d	1	1.24mi
7450 Minnesota 7 Unit 372 Minneapolis, MN	2.0	2.0	1110	$2,100	$1.89	24d	1	1.24mi
7450 Highway 7 Saint Louis Park, MN	1.0–2.0	1.0–2.0	900	$2,122	$2.36	2d	15	1.29mi
5855 Highway 7 Minneapolis, MN	3.0	1.0–2.0	991	$3,305	$3.34	1d	40	1.39mi
8224 W 30th ST Golden Valley, MN	2.0	1.0–1.5	875	$1,625	$1.86	1d	27	1.41mi
3720 Quebec Ave S Minneapolis, MN	4.0	2.0	1800	$2,550	$1.42	16d	1	1.42mi
5707 Highway 7 Minneapolis, MN	1.0–2.0	1.0–2.0	1007	$2,185	$2.17	2d	9	1.43mi
5310 W 16th St Minneapolis, MN	1.0–2.0	1.0–2.0	857	$2,615	$3.05	1d	10	1.43mi

Listing history 30 events

1. 2026-06-13
   statusdays on market $225,000 Pending 38 DOM
2. 2026-06-09
   days on market $225,000 Contingent - Inspection 36 DOM
3. 2026-06-08
   days on market $225,000 Contingent - Inspection 35 DOM
4. 2026-06-07
   days on market $225,000 Contingent - Inspection 34 DOM
5. 2026-06-04
   days on market $225,000 Contingent - Inspection 31 DOM
6. 2026-06-03
   days on market $225,000 Contingent - Inspection 30 DOM
7. 2026-06-02
   days on market $225,000 Contingent - Inspection 29 DOM
8. 2026-06-01
   days on market $225,000 Contingent - Inspection 28 DOM
9. 2026-05-31
   days on market $225,000 Contingent - Inspection 27 DOM
10. 2026-05-04
    listed $225,000 Active 743-char remark
11. 2025-11-25
    soldstatus $334,500
12. 2025-11-18
    soldstatus $334,500 Sold 1639-char remark

    Show marketing remark (1639 chars)

    Exceptional gem with updates galore! Perfectly nestled in the heart of St. Louis Park, this 1 ½ story adorable bungalow offers the ideal blend of character, comfort, and convenience. Just minutes from West End, Ridgedale Mall, walking trails and parks, schools, and great restaurants—with easy highway access and only 15 minutes to downtown Minneapolis—you’ll love how this home offers the best of both worlds: city amenities with a peaceful neighborhood feel. Step inside to discover a home filled with charm, natural light, and thoughtful updates throughout. The inviting main level features refinished gleaming hardwood floors, fresh paint, white enamel trim, new light fixtures, and a beautifully updated kitchen complete with a cozy eat-in nook. The bright living spaces are warm and welcoming, perfect for both everyday living and entertaining. Upstairs, the spacious primary suite offers a walk-in closet and private ½ bath—bright, airy, and filled with natural light. The refinished lower level expands your living space with a newly added 4th bedroom, comfortable family room, ample storage, and stylish finishes. The outdoor spaces are equally impressive. Enjoy a brand-new fully fenced backyard, patio pavers, an inviting fire pit, and an additional storage shed—the outdoor haven is perfect for relaxing, gathering with friends, or hosting family get-togethers. Your own private retreat right in the city! With 4 bedrooms, 2 bathrooms, countless updates, and a prime location, this home blends charm and functionality beautifully—move-in ready and waiting for its next chapter!

13. 2025-10-13
    status Pending 1639-char remark

    Show marketing remark (1639 chars)

    Exceptional gem with updates galore! Perfectly nestled in the heart of St. Louis Park, this 1 ½ story adorable bungalow offers the ideal blend of character, comfort, and convenience. Just minutes from West End, Ridgedale Mall, walking trails and parks, schools, and great restaurants—with easy highway access and only 15 minutes to downtown Minneapolis—you’ll love how this home offers the best of both worlds: city amenities with a peaceful neighborhood feel. Step inside to discover a home filled with charm, natural light, and thoughtful updates throughout. The inviting main level features refinished gleaming hardwood floors, fresh paint, white enamel trim, new light fixtures, and a beautifully updated kitchen complete with a cozy eat-in nook. The bright living spaces are warm and welcoming, perfect for both everyday living and entertaining. Upstairs, the spacious primary suite offers a walk-in closet and private ½ bath—bright, airy, and filled with natural light. The refinished lower level expands your living space with a newly added 4th bedroom, comfortable family room, ample storage, and stylish finishes. The outdoor spaces are equally impressive. Enjoy a brand-new fully fenced backyard, patio pavers, an inviting fire pit, and an additional storage shed—the outdoor haven is perfect for relaxing, gathering with friends, or hosting family get-togethers. Your own private retreat right in the city! With 4 bedrooms, 2 bathrooms, countless updates, and a prime location, this home blends charm and functionality beautifully—move-in ready and waiting for its next chapter!

14. 2025-10-07
    historical Contingent - Inspection 1639-char remark

    Show marketing remark (1639 chars)

    Exceptional gem with updates galore! Perfectly nestled in the heart of St. Louis Park, this 1 ½ story adorable bungalow offers the ideal blend of character, comfort, and convenience. Just minutes from West End, Ridgedale Mall, walking trails and parks, schools, and great restaurants—with easy highway access and only 15 minutes to downtown Minneapolis—you’ll love how this home offers the best of both worlds: city amenities with a peaceful neighborhood feel. Step inside to discover a home filled with charm, natural light, and thoughtful updates throughout. The inviting main level features refinished gleaming hardwood floors, fresh paint, white enamel trim, new light fixtures, and a beautifully updated kitchen complete with a cozy eat-in nook. The bright living spaces are warm and welcoming, perfect for both everyday living and entertaining. Upstairs, the spacious primary suite offers a walk-in closet and private ½ bath—bright, airy, and filled with natural light. The refinished lower level expands your living space with a newly added 4th bedroom, comfortable family room, ample storage, and stylish finishes. The outdoor spaces are equally impressive. Enjoy a brand-new fully fenced backyard, patio pavers, an inviting fire pit, and an additional storage shed—the outdoor haven is perfect for relaxing, gathering with friends, or hosting family get-togethers. Your own private retreat right in the city! With 4 bedrooms, 2 bathrooms, countless updates, and a prime location, this home blends charm and functionality beautifully—move-in ready and waiting for its next chapter!

15. 2025-09-30
    price $349,000 1639-char remark

    Show marketing remark (1639 chars)

    Exceptional gem with updates galore! Perfectly nestled in the heart of St. Louis Park, this 1 ½ story adorable bungalow offers the ideal blend of character, comfort, and convenience. Just minutes from West End, Ridgedale Mall, walking trails and parks, schools, and great restaurants—with easy highway access and only 15 minutes to downtown Minneapolis—you’ll love how this home offers the best of both worlds: city amenities with a peaceful neighborhood feel. Step inside to discover a home filled with charm, natural light, and thoughtful updates throughout. The inviting main level features refinished gleaming hardwood floors, fresh paint, white enamel trim, new light fixtures, and a beautifully updated kitchen complete with a cozy eat-in nook. The bright living spaces are warm and welcoming, perfect for both everyday living and entertaining. Upstairs, the spacious primary suite offers a walk-in closet and private ½ bath—bright, airy, and filled with natural light. The refinished lower level expands your living space with a newly added 4th bedroom, comfortable family room, ample storage, and stylish finishes. The outdoor spaces are equally impressive. Enjoy a brand-new fully fenced backyard, patio pavers, an inviting fire pit, and an additional storage shed—the outdoor haven is perfect for relaxing, gathering with friends, or hosting family get-togethers. Your own private retreat right in the city! With 4 bedrooms, 2 bathrooms, countless updates, and a prime location, this home blends charm and functionality beautifully—move-in ready and waiting for its next chapter!

16. 2025-09-29
    status Active 1639-char remark

    Show marketing remark (1639 chars)

    Exceptional gem with updates galore! Perfectly nestled in the heart of St. Louis Park, this 1 ½ story adorable bungalow offers the ideal blend of character, comfort, and convenience. Just minutes from West End, Ridgedale Mall, walking trails and parks, schools, and great restaurants—with easy highway access and only 15 minutes to downtown Minneapolis—you’ll love how this home offers the best of both worlds: city amenities with a peaceful neighborhood feel. Step inside to discover a home filled with charm, natural light, and thoughtful updates throughout. The inviting main level features refinished gleaming hardwood floors, fresh paint, white enamel trim, new light fixtures, and a beautifully updated kitchen complete with a cozy eat-in nook. The bright living spaces are warm and welcoming, perfect for both everyday living and entertaining. Upstairs, the spacious primary suite offers a walk-in closet and private ½ bath—bright, airy, and filled with natural light. The refinished lower level expands your living space with a newly added 4th bedroom, comfortable family room, ample storage, and stylish finishes. The outdoor spaces are equally impressive. Enjoy a brand-new fully fenced backyard, patio pavers, an inviting fire pit, and an additional storage shed—the outdoor haven is perfect for relaxing, gathering with friends, or hosting family get-togethers. Your own private retreat right in the city! With 4 bedrooms, 2 bathrooms, countless updates, and a prime location, this home blends charm and functionality beautifully—move-in ready and waiting for its next chapter!

17. 2025-09-24
    status Pending 1639-char remark

    Show marketing remark (1639 chars)

    Exceptional gem with updates galore! Perfectly nestled in the heart of St. Louis Park, this 1 ½ story adorable bungalow offers the ideal blend of character, comfort, and convenience. Just minutes from West End, Ridgedale Mall, walking trails and parks, schools, and great restaurants—with easy highway access and only 15 minutes to downtown Minneapolis—you’ll love how this home offers the best of both worlds: city amenities with a peaceful neighborhood feel. Step inside to discover a home filled with charm, natural light, and thoughtful updates throughout. The inviting main level features refinished gleaming hardwood floors, fresh paint, white enamel trim, new light fixtures, and a beautifully updated kitchen complete with a cozy eat-in nook. The bright living spaces are warm and welcoming, perfect for both everyday living and entertaining. Upstairs, the spacious primary suite offers a walk-in closet and private ½ bath—bright, airy, and filled with natural light. The refinished lower level expands your living space with a newly added 4th bedroom, comfortable family room, ample storage, and stylish finishes. The outdoor spaces are equally impressive. Enjoy a brand-new fully fenced backyard, patio pavers, an inviting fire pit, and an additional storage shed—the outdoor haven is perfect for relaxing, gathering with friends, or hosting family get-togethers. Your own private retreat right in the city! With 4 bedrooms, 2 bathrooms, countless updates, and a prime location, this home blends charm and functionality beautifully—move-in ready and waiting for its next chapter!

18. 2025-09-20
    historical Contingent - Inspection 1639-char remark

    Show marketing remark (1639 chars)

    Exceptional gem with updates galore! Perfectly nestled in the heart of St. Louis Park, this 1 ½ story adorable bungalow offers the ideal blend of character, comfort, and convenience. Just minutes from West End, Ridgedale Mall, walking trails and parks, schools, and great restaurants—with easy highway access and only 15 minutes to downtown Minneapolis—you’ll love how this home offers the best of both worlds: city amenities with a peaceful neighborhood feel. Step inside to discover a home filled with charm, natural light, and thoughtful updates throughout. The inviting main level features refinished gleaming hardwood floors, fresh paint, white enamel trim, new light fixtures, and a beautifully updated kitchen complete with a cozy eat-in nook. The bright living spaces are warm and welcoming, perfect for both everyday living and entertaining. Upstairs, the spacious primary suite offers a walk-in closet and private ½ bath—bright, airy, and filled with natural light. The refinished lower level expands your living space with a newly added 4th bedroom, comfortable family room, ample storage, and stylish finishes. The outdoor spaces are equally impressive. Enjoy a brand-new fully fenced backyard, patio pavers, an inviting fire pit, and an additional storage shed—the outdoor haven is perfect for relaxing, gathering with friends, or hosting family get-togethers. Your own private retreat right in the city! With 4 bedrooms, 2 bathrooms, countless updates, and a prime location, this home blends charm and functionality beautifully—move-in ready and waiting for its next chapter!

19. 2025-09-10
    listed $355,000 Active 1639-char remark

    Show marketing remark (1639 chars)

    Exceptional gem with updates galore! Perfectly nestled in the heart of St. Louis Park, this 1 ½ story adorable bungalow offers the ideal blend of character, comfort, and convenience. Just minutes from West End, Ridgedale Mall, walking trails and parks, schools, and great restaurants—with easy highway access and only 15 minutes to downtown Minneapolis—you’ll love how this home offers the best of both worlds: city amenities with a peaceful neighborhood feel. Step inside to discover a home filled with charm, natural light, and thoughtful updates throughout. The inviting main level features refinished gleaming hardwood floors, fresh paint, white enamel trim, new light fixtures, and a beautifully updated kitchen complete with a cozy eat-in nook. The bright living spaces are warm and welcoming, perfect for both everyday living and entertaining. Upstairs, the spacious primary suite offers a walk-in closet and private ½ bath—bright, airy, and filled with natural light. The refinished lower level expands your living space with a newly added 4th bedroom, comfortable family room, ample storage, and stylish finishes. The outdoor spaces are equally impressive. Enjoy a brand-new fully fenced backyard, patio pavers, an inviting fire pit, and an additional storage shed—the outdoor haven is perfect for relaxing, gathering with friends, or hosting family get-togethers. Your own private retreat right in the city! With 4 bedrooms, 2 bathrooms, countless updates, and a prime location, this home blends charm and functionality beautifully—move-in ready and waiting for its next chapter!

20. 2012-11-30
    soldstatus $181,600

    Show marketing remark (267 chars)

    Edina Hm Wrnty incl Fantastic listing w/all the updates, great for 1st time buyer. Hm has been updated so, move in & enjoy ownership immed. New ext & rf, updated kit, SS appl, 2nd lvl mst ste w/1/2 BA, new drive, new walk & steps. Near trail. Quick close.

21. 2012-05-18
    listed $194,900

    Show marketing remark (267 chars)

    Edina Hm Wrnty incl Fantastic listing w/all the updates, great for 1st time buyer. Hm has been updated so, move in & enjoy ownership immed. New ext & rf, updated kit, SS appl, 2nd lvl mst ste w/1/2 BA, new drive, new walk & steps. Near trail. Quick close.

22. 1998-01-16
    soldstatus $114,000
23. 1997-12-09
    historical
24. 1997-10-27
    listed $114,900
25. 1997-10-24
    historical
26. 1997-10-07
    listed $116,900
27. 1993-03-03
    soldstatus $77,227
28. 1993-03-03
    soldstatus $85,900
29. 1992-09-21
    soldstatus $85,900
30. 1992-08-31
    listed $85,900

ⓘ 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: $4,332 · $361/mo
• Projected year-2 tax: $4,332 · $361/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 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,159
• − Mortgage interest: −$12,603
• − Property taxes: −$4,332
• − Insurance: −$1,125
• − Repairs & maintenance: −$2,013
• − Management: −$2,013
• − Depreciation: −$6,545
• Taxable loss: −$3,473
• Est. tax savings @ 24.0%: +$833
• After-tax cash flow: $1,093/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): 25,251
• Household income: $99,347
• Rent vs Own: 35.7% rent · 64.3% own
• Severe rent burden: 761.0

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 (76%)
• Race & ethnicity: White 76% Two or more races 8% Hispanic / Latino 6% Asian 6% Black 4%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Portuguese 10% Romanian 4% Scottish 3%
• Foreign-born: 8% · Canada, China
• Languages at home: 87% English-only · Spanish 4% Other Indo-European 2% Other Asian/Pacific 2%

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: ▼ -353.30%
• Current HPI: 267.0902
• Rent YoY: ▲ 1.87%
• 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

+161.9% since first listed

23 events — show timeline

• 2026-06-11 Pending — NORTHSTARMLS as Distributed by MLS Grid
• 2026-05-28 Contingent — NORTHSTARMLS as Distributed by MLS Grid
• 2026-05-04 Listed $225,000 NORTHSTARMLS as Distributed by MLS Grid
• 2025-11-25 Sold (Public Records) $334,500 Public Records
• 2025-11-18 Sold (MLS) $334,500 NORTHSTARMLS as Distributed by MLS Grid
• 2025-10-13 Pending — NORTHSTARMLS as Distributed by MLS Grid
• 2025-10-07 Contingent — NORTHSTARMLS as Distributed by MLS Grid
• 2025-09-30 Price Changed $349,000 NORTHSTARMLS as Distributed by MLS Grid
• 2025-09-29 Relisted — NORTHSTARMLS as Distributed by MLS Grid
• 2025-09-24 Pending — NORTHSTARMLS as Distributed by MLS Grid
• 2025-09-20 Contingent — NORTHSTARMLS as Distributed by MLS Grid
• 2025-09-10 Listed $355,000 NORTHSTARMLS as Distributed by MLS Grid
• 2012-11-30 Sold (MLS) $181,600 NORTHSTARMLS as Distributed by MLS Grid
• 2012-05-18 Listed $194,900 NORTHSTARMLS as Distributed by MLS Grid
• 1998-01-16 Sold (MLS) $114,000 NORTHSTARMLS as Distributed by MLS Grid
• 1997-12-09 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 1997-10-27 Listed $114,900 NORTHSTARMLS as Distributed by MLS Grid
• 1997-10-24 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 1997-10-07 Listed $116,900 NORTHSTARMLS as Distributed by MLS Grid
• 1993-03-03 Sold (Public Records) $85,900 Public Records
• 1993-03-03 Sold (Public Records) $77,227 Public Records
• 1992-09-21 Sold (MLS) $85,900 NORTHSTARMLS as Distributed by MLS Grid
• 1992-08-31 Listed $85,900 NORTHSTARMLS as Distributed by MLS Grid

Property tax history

+3.4%/yr

Latest (2025): $4,332 · +8.5% YoY. Source: county tax records.