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4120 Parklawn Ave #319
D Composite 41.46
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
  • Schools +6.6/10.0
  • 1% rule +6.1/10.0
  • Cash flow +4.6/30.0
  • Livability +4.0/5.0
  • Rent growth +2.6/5.0
  • Condition / age +2.5/5.0
  • DSCR +0.0/10.0
  • Appreciation +0.0/10.0

$129,000

4120 Parklawn Ave #319 · Edina, MN 55435
1 bd · 1.0 ba · 764 sqft · Condo public records · 346 Days on market
Built 1970 $169/sqft · 30% below area Est $184k · 30% under $631/mo HOA · 44% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

The Heatherton of Edina Condominiums are located in the south-east corner of Edina, a first ring suburb of Minneapolis. It’s situated along Nine-Mile Creek Regional Trail, which crosses some of the most scenic wetlands and woodlands of south-western suburbs like Hopkins, Edina, Minnetonka, and Richfield. The property is less than a half-mile away from Centennial Lakes Park. MetroTransit Bus Route 6 stops directly in front of the Heatherton. The building is also about a quarter mile away from France Avenue, which is the main commercial corridor in Edina; Centennial Lakes commercial center is just a couple blocks away and Southdale Center, a retail hub that attracts people from across the Twin Cities region, is just over one mile away! This sunny 1 bedroom, 1 bathroom condo at the Heatherton building is well situated for a person who wants close access to the core cities, but also wants to come home to a suburban environment. The sloped ceiling in the living room peaks at just over 13 feet, creating a bright, airy ambiance and the passthrough opening between the kitchen and the living room adds an additional degree of openness. The sizeable bedroom and balcony in the unit add to the appeal. The amenities in the building include a new pool, a community room with a pool table, coin-operated laundry, an attached, conditioned parking garage with bicycle storage, and more!

Key facts

  • France avenue
  • Southdale center
  • Sloped ceiling

Tags

NINE-MILE CREEK REGIONAL TRAILCENTENNIAL LAKES PARKMETROTRANSIT BUS ROUTE 6FRANCE AVENUESOUTHDALE CENTERSLOPED CEILING

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 1-bed/1.0-bath condo listed at $129k.

Deal economics

  • At list price, monthly cash flow is $-325 ($-4k/yr) — negative.
  • To cash-flow at today's rent, offer at most $72k (44.5% below list).
  • Meets the 1% rule at list price ($1k rent vs $129k).
  • Recommended offer: $72k (44.5% below list) — sets the bar for cash-flow.
  • Cap rate 3.3% vs local median 1.7% in Edina — 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 80/100 on livability (#82 in MN, #1,926 nationally) — a professional / high-income tenant draw. Strengths: crime A+, commute A+, employment A+; Watch: amenities F, cost of living F.
  • Edina Public School District (suburban): math 69% / reading 75% proficiency, ranked #5 of 301 in MN (top 2%) — strong family-tenant draw, lease renewals of 3-5y typical; only 7% free/reduced lunch — higher-income household profile.
  • Zoned schools: Normandale Elementary (math 76% / reading 79%, grade A, #21 of 857 statewide, top 3%, 657 students, 7% FRL); South View Middle (math 58% / reading 71%, grade A-, #14 of 258 statewide, top 6%, 987 students, 22% FRL); Edina Senior High (math 57% / reading 76%, grade B, #21 of 471 statewide, top 5%, 2,720 students, 20% FRL).
  • Market conditions: Rents flat; 66 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 7d 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 $892 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

  • It's been on market 346 days — a 12% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 26y 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 44% of rent.
  • Climate carrying-cost: moderate flood risk — expect insurance premiums to compound above CPI over the hold.
Recommended offer $71,615 (44.5% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 346 days. Have you received any prior offers? Is the seller open to a 44% concession, seller financing, or rate buy-down credit?
  3. Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. 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?
  6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  8. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  9. 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?
  10. 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.
  11. 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.
  12. 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
1.11%
Cap rate
3.27%
Cash-on-cash
-10.79%
DSCR
0.52
GRM
7.5

CMA / ARV

ARV (median comp)
$183,500
List price
$129,000
Delta
-29.70%
Verdict
UNDERPRICED
Comps
2 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.42% rent growth · sell at horizon

5-year hold
IRR
-41.1%
Equity multiple
-0.24×
Total profit
$-44,860
Equity at exit
$19,234
10-year hold
IRR
Equity multiple
-1.17×
Total profit
$-78,374
Equity at exit
$11,154

Cash invested: $36,120 (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.

ZIP-level market 55435

Rents YoY
0.4%
Active inventory
66
Price-to-rent
7.5×

Monthly cashflow live

Estimated rent
$1,438 high interval (Pro) →
Mortgage (P&I)
$676
Tax from tax record
$99 /mo · $1,193/yr
Insurance
$54
HOA
$631
Vacancy / Maint / Mgmt
$302
Net cashflow
$-325

Break-even live

Break-even rent $1,849
Max offer price $71,615
Occupancy floor

Sensitivity live

Price -10% $-252 -5% $-288 +0% $-325 +5% $-361 +10% $-398
Rent -10% $-438 -5% $-382 +0% $-325 +5% $-268 +10% $-211
Rate -1.0pp $-260 -0.5pp $-292 base $-325 +0.5pp $-358 +1.0pp $-392

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
$32,250
Closing costs
$3,870
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
4200 Parklawn Ave Unit 4205 Minneapolis, MN 1.0 1.0 750 $1,235 $1.65 46d 1 0.07mi
4200 Parklawn Ave Unit 4207 Minneapolis, MN 1.0 1.0 750 $1,185 $1.58 46d 1 0.07mi
4141 Parklawn Ave Minneapolis, MN 1.0–2.0 1.0 820 $1,299 $1.58 7d 8 0.08mi
7340 Gallagher Dr Minneapolis, MN 2.0 1.0–2.0 719 $1,688 $2.35 4d 12 0.10mi
4201 Parklawn Ave Unit 305 Minneapolis, MN 1.0 1.0 827 $1,295 $1.57 26d 1 0.10mi
4251 Parklawn Ave Unit 106 Edina, MN 1.0 1.0 700 $1,245 $1.78 46d 1 0.12mi
4480 Parklawn Ave Minneapolis, MN 1.0–3.0 1.0–2.0 950 $1,520 $1.60 4d 4 0.28mi
7161 France Ave S Minneapolis, MN 2.0 1.0–2.0 782 $2,052 $2.62 1d 8 0.43mi
7230 York Ave S Minneapolis, MN 1.0–2.0 1.0–2.0 985 $1,400 $1.42 1d 9 0.49mi
3650 Hazelton Rd Minneapolis, MN 2.0 1.0–2.5 1194 $4,644 $3.89 0d 17 0.51mi
7330 York Ave S #101 Minneapolis, MN 1.0 1.0 700 $1,295 $1.85 46d 1 0.53mi
7330 York Ave S #101 Minneapolis, MN 1.0 1.0 700 $1,295 $1.85 26d 1 0.53mi
4620 77th St W Minneapolis, MN 1.0–2.0 1.0–2.0 856 $1,859 $2.17 0d 30 0.54mi
4040 W 70th St Minneapolis, MN 1.0–2.0 1.0 834 $1,184 $1.42 4d 7 0.55mi
4660 77th St W Minneapolis, MN 1.0–2.0 1.0–2.0 723 $1,599 $2.21 0d 35 0.62mi
3400 Edinborough Way Unit 617 Bloomington, MN 2.0 2.0 925 $2,140 $2.31 6d 1 0.68mi
3400 Edinborough Way Unit 711 Bloomington, MN 1.0 1.0 531 $1,465 $2.76 46d 1 0.68mi
3400 Edinborough Way Unit 609 Bloomington, MN 1.0 1.0 531 $1,425 $2.68 20d 1 0.68mi
3400 Edinborough Way Unit 701 Bloomington, MN 1.0 1.0 620 $1,570 $2.53 26d 1 0.68mi
3400 Edinborough Way Unit 709 Bloomington, MN 1.0 1.0 531 $1,445 $2.72 46d 1 0.68mi
3400 Edinborough Way Unit 601 Bloomington, MN 1.0 1.0 620 $1,580 $2.55 20d 1 0.68mi
7201 York Ave S Minneapolis, MN 1.0–3.0 1.0–3.0 1135 $1,640 $1.44 0d 16 0.69mi
6725 York Ave S Minneapolis, MN 2.0 1.0–2.0 994 $2,335 $2.35 0d 18 1.07mi
8045 Xerxes Ave S Unit G1 Minneapolis, MN 1.0 1.0 676 $1,005 $1.49 1d 1 1.07mi
5100 W 82nd St Minneapolis, MN 2.0 1.0–2.0 870 $1,865 $2.14 1d 15 1.11mi
7400 Penn Ave S Minneapolis, MN 1.0–2.0 1.0 725 $1,175 $1.62 18d 2 1.18mi
3250 W 66th St Minneapolis, MN 1.0–2.0 1.0–2.0 904 $1,830 $2.02 1d 3 1.20mi
6705 Vincent Ave S Minneapolis, MN 2.0 2.0 1050 $2,075 $1.98 46d 1 1.20mi
8200 Stanley Rd Minneapolis, MN 1.0–2.0 1.0 790 $1,205 $1.52 5d 6 1.21mi
7421 Penn Ave S Apt 7 Minneapolis, MN 1.0 1.0 680 $1,050 $1.54 26d 1 1.21mi
7620 Penn Ave S Minneapolis, MN 1.0 1.0 662 $1,282 $1.94 1d 75 1.21mi
7501 Penn Ave S Minneapolis, MN 1.0 1.0 608 $995 $1.64 15d 1 1.22mi
7515 Penn Ave S Unit 7515-101 Minneapolis, MN 1.0 1.0 608 $995 $1.64 26d 1 1.22mi
7444 Oliver Ave S Minneapolis, MN 1.0 1.0 700 $1,095 $1.56 4d 1 1.25mi
7520 Oliver Ave S Unit 10 Minneapolis, MN 1.0 1.0 550 $985 $1.79 20d 1 1.25mi
6400 Barrie Rd Minneapolis, MN 1.0–3.0 1.0–2.0 1015 $1,440 $1.42 1d 11 1.29mi
6455 York Ave S Minneapolis, MN 1.0–2.0 1.0–2.0 1121 $1,595 $1.42 5d 4 1.33mi
6455 York Ave S Minneapolis, MN 1.0 1.0 982 $1,499 $1.53 46d 2 1.33mi
8101 Normandale Lake Blvd Minneapolis, MN 2.0 1.0–2.0 918 $2,256 $2.46 0d 21 1.35mi
8050 Queen Ave S Minneapolis, MN 1.0 1.0 700 $1,250 $1.79 15d 1 1.36mi

HOA detail condo

Monthly dues
$631 · $7,572/yr
Likely covers
pool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 36 events

  1. 2026-06-18
    days on market $129,000 Active 346 DOM
  2. 2026-06-17
    days on market $129,000 Active 345 DOM
  3. 2026-06-16
    days on market $129,000 Active 344 DOM
  4. 2026-06-15
    days on market $129,000 Active 343 DOM
  5. 2026-06-13
    days on market $129,000 Active 341 DOM
  6. 2026-06-13
    days on market $129,000 Active 340 DOM
  7. 2026-06-09
    days on market $129,000 Active 337 DOM
  8. 2026-06-08
    days on market $129,000 Active 336 DOM
  9. 2026-06-07
    days on market $129,000 Active 335 DOM
  10. 2026-06-04
    days on market $129,000 Active 332 DOM
  11. 2026-06-03
    days on market $129,000 Active 331 DOM
  12. 2026-06-02
    days on market $129,000 Active 330 DOM
  13. 2026-06-01
    days on market $129,000 Active 329 DOM
  14. 2026-05-31
    days on market $129,000 Active 328 DOM
  15. 2025-12-02
    price $129,000 1394-char remark
    Show marketing remark (1394 chars)

    The Heatherton of Edina Condominiums are located in the south-east corner of Edina, a first ring suburb of Minneapolis. It’s situated along Nine-Mile Creek Regional Trail, which crosses some of the most scenic wetlands and woodlands of south-western suburbs like Hopkins, Edina, Minnetonka, and Richfield. The property is less than a half-mile away from Centennial Lakes Park. MetroTransit Bus Route 6 stops directly in front of the Heatherton. The building is also about a quarter mile away from France Avenue, which is the main commercial corridor in Edina; Centennial Lakes commercial center is just a couple blocks away and Southdale Center, a retail hub that attracts people from across the Twin Cities region, is just over one mile away! This sunny 1 bedroom, 1 bathroom condo at the Heatherton building is well situated for a person who wants close access to the core cities, but also wants to come home to a suburban environment. The sloped ceiling in the living room peaks at just over 13 feet, creating a bright, airy ambiance and the passthrough opening between the kitchen and the living room adds an additional degree of openness. The sizeable bedroom and balcony in the unit add to the appeal. The amenities in the building include a new pool, a community room with a pool table, coin-operated laundry, an attached, conditioned parking garage with bicycle storage, and more!

  16. 2025-07-07
    listed $130,000 Active 1394-char remark
    Show marketing remark (1394 chars)

    The Heatherton of Edina Condominiums are located in the south-east corner of Edina, a first ring suburb of Minneapolis. It’s situated along Nine-Mile Creek Regional Trail, which crosses some of the most scenic wetlands and woodlands of south-western suburbs like Hopkins, Edina, Minnetonka, and Richfield. The property is less than a half-mile away from Centennial Lakes Park. MetroTransit Bus Route 6 stops directly in front of the Heatherton. The building is also about a quarter mile away from France Avenue, which is the main commercial corridor in Edina; Centennial Lakes commercial center is just a couple blocks away and Southdale Center, a retail hub that attracts people from across the Twin Cities region, is just over one mile away! This sunny 1 bedroom, 1 bathroom condo at the Heatherton building is well situated for a person who wants close access to the core cities, but also wants to come home to a suburban environment. The sloped ceiling in the living room peaks at just over 13 feet, creating a bright, airy ambiance and the passthrough opening between the kitchen and the living room adds an additional degree of openness. The sizeable bedroom and balcony in the unit add to the appeal. The amenities in the building include a new pool, a community room with a pool table, coin-operated laundry, an attached, conditioned parking garage with bicycle storage, and more!

  17. 2023-11-06
    soldstatus $132,000 Sold 808-char remark
    Show marketing remark (808 chars)

    You are going to fall in love with this one bedroom condo with vaulted ceilings on the third floor. It is move-in ready and features modern engineered flooring and carpet. The white trim/doors and grey paint flow nicely through most of the unit. Generous size balcony deck that looks out on the southern side of the property at trees and grass and other beautiful sites from the 3rd floor. Laundry and a storage unit are located just down the hall. The heated garage will keep your car warm all winter and cooler in the summer. Enjoy the shared carwash station as well. This building is located close to everything you might need like shops, restaurants, outdoor and indoor activities and even the bus line! New pool is currently under construction! Reserves are covering the remodel according to management.

  18. 2023-11-06
    soldstatus $132,000
    Show marketing remark (808 chars)

    You are going to fall in love with this one bedroom condo with vaulted ceilings on the third floor. It is move-in ready and features modern engineered flooring and carpet. The white trim/doors and grey paint flow nicely through most of the unit. Generous size balcony deck that looks out on the southern side of the property at trees and grass and other beautiful sites from the 3rd floor. Laundry and a storage unit are located just down the hall. The heated garage will keep your car warm all winter and cooler in the summer. Enjoy the shared carwash station as well. This building is located close to everything you might need like shops, restaurants, outdoor and indoor activities and even the bus line! New pool is currently under construction! Reserves are covering the remodel according to management.

  19. 2023-10-31
    status Pending 808-char remark
    Show marketing remark (808 chars)

    You are going to fall in love with this one bedroom condo with vaulted ceilings on the third floor. It is move-in ready and features modern engineered flooring and carpet. The white trim/doors and grey paint flow nicely through most of the unit. Generous size balcony deck that looks out on the southern side of the property at trees and grass and other beautiful sites from the 3rd floor. Laundry and a storage unit are located just down the hall. The heated garage will keep your car warm all winter and cooler in the summer. Enjoy the shared carwash station as well. This building is located close to everything you might need like shops, restaurants, outdoor and indoor activities and even the bus line! New pool is currently under construction! Reserves are covering the remodel according to management.

  20. 2023-10-12
    historical Contingent - Inspection 808-char remark
    Show marketing remark (808 chars)

    You are going to fall in love with this one bedroom condo with vaulted ceilings on the third floor. It is move-in ready and features modern engineered flooring and carpet. The white trim/doors and grey paint flow nicely through most of the unit. Generous size balcony deck that looks out on the southern side of the property at trees and grass and other beautiful sites from the 3rd floor. Laundry and a storage unit are located just down the hall. The heated garage will keep your car warm all winter and cooler in the summer. Enjoy the shared carwash station as well. This building is located close to everything you might need like shops, restaurants, outdoor and indoor activities and even the bus line! New pool is currently under construction! Reserves are covering the remodel according to management.

  21. 2023-09-27
    listed $135,000 Active 808-char remark
    Show marketing remark (808 chars)

    You are going to fall in love with this one bedroom condo with vaulted ceilings on the third floor. It is move-in ready and features modern engineered flooring and carpet. The white trim/doors and grey paint flow nicely through most of the unit. Generous size balcony deck that looks out on the southern side of the property at trees and grass and other beautiful sites from the 3rd floor. Laundry and a storage unit are located just down the hall. The heated garage will keep your car warm all winter and cooler in the summer. Enjoy the shared carwash station as well. This building is located close to everything you might need like shops, restaurants, outdoor and indoor activities and even the bus line! New pool is currently under construction! Reserves are covering the remodel according to management.

  22. 2023-09-26
    historical $135,000 808-char remark
    Show marketing remark (808 chars)

    You are going to fall in love with this one bedroom condo with vaulted ceilings on the third floor. It is move-in ready and features modern engineered flooring and carpet. The white trim/doors and grey paint flow nicely through most of the unit. Generous size balcony deck that looks out on the southern side of the property at trees and grass and other beautiful sites from the 3rd floor. Laundry and a storage unit are located just down the hall. The heated garage will keep your car warm all winter and cooler in the summer. Enjoy the shared carwash station as well. This building is located close to everything you might need like shops, restaurants, outdoor and indoor activities and even the bus line! New pool is currently under construction! Reserves are covering the remodel according to management.

  23. 2017-05-09
    soldstatus $100,000
  24. 2017-05-05
    soldstatus $100,000 Sold
  25. 2017-04-27
    status Pending
  26. 2017-04-24
    historical Contingent - Inspection
  27. 2017-04-20
    listed $92,900 Active
  28. 2004-05-28
    soldstatus $114,000
  29. 2004-04-30
    soldstatus $114,000
  30. 2004-03-23
    historical
  31. 2004-03-08
    listed $114,900
  32. 2000-06-26
    soldstatus $86,500
  33. 2000-06-26
    soldstatus $86,500
  34. 2000-05-31
    historical
  35. 2000-05-23
    listed $87,500
  36. 1983-03-01
    soldstatus $52,500

ⓘ 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
$1,193 · $99/mo
Projected year-2 tax
$1,319 · $110/mo
Expected delta
+$126/yr (+$10/mo · 10.6%)

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

Climate risk First Street

  • 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 24% 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 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$17,253
− Mortgage interest
−$7,226
− Property taxes
−$1,193
− Insurance
−$645
− Repairs & maintenance
−$1,380
− Management
−$1,380
− HOA
−$7,572
− Depreciation
−$3,753
Taxable loss
−$5,896
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,415
After-tax cash flow
$-2,483/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
Edina Public School District
NCES district ID
2711250
Math proficiency
69% ▼ -8.00%
Reading proficiency
75% ▼ -2.00%
Median HH income
$100,093
Composite
65.8/100
National rank
#456
State rank
#5 of 301 in MN

Livability — Edina

Score
80/100
State rank
#82
US rank
#1926

Category grades

Amenities F Commute A+ Cost of living F Crime A+ Employment A+ Housing A+ Health & safety C User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Edina, MN
County
Hennepin County · 1,150,272 people
City population
38,943
Metro
Minneapolis-St. Paul-Bloomington, MN-WI
Population (ZIP)
14,192
Household income
$79,884
Rent vs Own
52.4% rent · 47.6% own
Severe rent burden
976.0

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 (75%)
Race & ethnicity
White 75% Asian 9% Black 6% Hispanic / Latino 6% Two or more races 4% Native American 1%
Hispanic origin (detail)
Mexican 4%
Common ancestry
Portuguese 11% Lithuanian 4% Romanian 2%
Foreign-born
17% · Canada, China, South Korea
Languages at home
81% English-only · Spanish 5% Other Asian/Pacific 4% Chinese 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
▼ -158.19%
Current HPI
178.3042
Rent YoY
▲ 0.42%
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

Price history

+145.7% since first listed
22 events — show timeline
  • 2025-12-02 Price Changed $129,000 NORTHSTARMLS as Distributed by MLS Grid
  • 2025-07-07 Listed $130,000 NORTHSTARMLS as Distributed by MLS Grid
  • 2023-11-06 Sold (Public Records) $132,000 Public Records
  • 2023-11-06 Sold (MLS) $132,000 NORTHSTARMLS as Distributed by MLS Grid
  • 2023-10-31 Pending NORTHSTARMLS as Distributed by MLS Grid
  • 2023-10-12 Contingent NORTHSTARMLS as Distributed by MLS Grid
  • 2023-09-27 Listed $135,000 NORTHSTARMLS as Distributed by MLS Grid
  • 2023-09-26 Coming Soon $135,000 NORTHSTARMLS as Distributed by MLS Grid
  • 2017-05-09 Sold (Public Records) $100,000 Public Records
  • 2017-05-05 Sold (MLS) $100,000 NORTHSTARMLS as Distributed by MLS Grid
  • 2017-04-27 Pending NORTHSTARMLS as Distributed by MLS Grid
  • 2017-04-24 Contingent NORTHSTARMLS as Distributed by MLS Grid
  • 2017-04-20 Listed $92,900 NORTHSTARMLS as Distributed by MLS Grid
  • 2004-05-28 Sold (Public Records) $114,000 Public Records
  • 2004-04-30 Sold (MLS) $114,000 NORTHSTARMLS as Distributed by MLS Grid
  • 2004-03-23 Listing Removed NORTHSTARMLS as Distributed by MLS Grid
  • 2004-03-08 Listed $114,900 NORTHSTARMLS as Distributed by MLS Grid
  • 2000-06-26 Sold (Public Records) $86,500 Public Records
  • 2000-06-26 Sold (MLS) $86,500 NORTHSTARMLS as Distributed by MLS Grid
  • 2000-05-31 Listing Removed NORTHSTARMLS as Distributed by MLS Grid
  • 2000-05-23 Listed $87,500 NORTHSTARMLS as Distributed by MLS Grid
  • 1983-03-01 Sold (Public Records) $52,500 Public Records

Property tax history

+6.3%/yr

Latest (2025): $1,193 · -15.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…