🏢 Co-op
10113 W 34th St #338 · Minnetonka, MN
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $888 – $1,650
Heat risk 2/10 · Minimal
- Hot days now (above 98°F)
- 7 days/yr
- Hot days in 30 yrs
- 14 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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 +18.9/30.0
- 1% rule +10.0/10.0
- ARV discount +7.5/15.0
- DSCR +5.9/10.0
- Schools +4.6/10.0
- Livability +3.8/5.0
- Rent growth +3.3/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$70,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Cheaper than rent with motivated sellers—this is an opportunity you don’t want to miss! NO RENTALS – Co-Op Ownership (Buyer Purchasing Shares) Priced below tax value and even less than the current owner originally paid, this unit is positioned for a quick sale. Association dues cover property taxes, heat, A/C, water/sewer, garbage, snow removal, and building insurance, offering incredible value. When you factor in that property taxes are included, the remaining monthly cost is very reasonable—making this truly cheaper than rent. The unit is in great condition and move-in ready. Enjoy additional amenities, including a party room and shared common spaces. Includes Garage Unit #18 and Storage Unit Door D. HOA requires a credit & background check with all offers; buyer to assume the application fee. I have a mortgage company that will give you the mortgage. Buyer’s agent to verify all information, including building details and HOA/CIC information.
Key facts
- $673 HOA
- Garage
- Pool
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $70k.
Deal economics
- At list price, monthly cash flow is $71 ($854/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $70k).
- Recommended offer: $62k (12.0% below list) — sets the bar for market timing.
- Cap rate 7.5% vs local median 2.4% in Minnetonka — 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 75/100 on livability (#187 in MN, #3,994 nationally) — a middle-class / working-renter tenant base. Strengths: schools A+, employment A+, housing A+; Watch: amenities F, cost of living F, health & safety F.
- Hopkins Public School District (suburban): math 48% / reading 57% proficiency, ranked #75 of 301 in MN (top 25%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Market conditions: Rents rising (+3.3%/yr); 122 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 6d 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 ($105k/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 $484 of loan paydown is wiped out by about $2k 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 307 days — a 12% lower offer ($62k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 9y ago; this cycle's ask has dropped $25k (26%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: HOA is 44% of rent.
Questions for the listing agent
- It's been on market 307 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 2.17% ✓
- Cap rate
- 7.51%
- Cash-on-cash
- 4.36%
- DSCR
- 1.19
- GRM
- 3.8
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 3.28% rent growth · sell at horizon
- IRR
- -8.2%
- Equity multiple
- 0.70×
- Total profit
- $-5,961
- Equity at exit
- $10,437
- IRR
- 2.8%
- Equity multiple
- 1.21×
- Total profit
- $4,121
- Equity at exit
- $6,052
Cash invested: $19,600 (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
ZIP-level market 55305
- Rents YoY
- 3.3%
- Active inventory
- 122
- Price-to-rent
- 3.8×
Monthly cashflow live
- Estimated rent
- $1,519 high interval (Pro) →
- Mortgage (P&I)
- −$367
- Tax from tax record
- −$60 /mo · $715/yr
- Insurance
- −$29
- HOA
- −$673
- Vacancy / Maint / Mgmt
- −$319
- Net cashflow
- $71
Break-even live
Sensitivity live
| Price | -10% $111 | -5% $91 | +0% $71 | +5% $51 | +10% $32 |
|---|---|---|---|---|---|
| Rent | -10% $-49 | -5% $11 | +0% $71 | +5% $131 | +10% $191 |
| Rate | -1.0pp $106 | -0.5pp $89 | base $71 | +0.5pp $53 | +1.0pp $35 |
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
- $17,500
- Closing costs
- $2,100
- 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
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 10213 W 34th St Unit 10253-103 Minnetonka, MN | 1.0 | 1.0 | 707 | $1,350 | $1.91 | 6d | 1 | 0.05mi |
| 10213 W 34th St Minnetonka, MN | 1.0 | 1.0 | 707 | $1,295 | $1.83 | 4d | 1 | 0.05mi |
| 10213 W 34th St Unit 10233-304 Minnetonka, MN | 1.0 | 1.0 | 700 | $1,350 | $1.93 | 4d | 1 | 0.05mi |
| 10213 W 34th St Unit 10213-204 Minnetonka, MN | 2.0 | 1.0 | 948 | $1,850 | $1.95 | 4d | 1 | 0.05mi |
| 10213 W 34th St Unit 10233-302 Minnetonka, MN | 2.0 | 1.0 | 953 | $1,650 | $1.73 | 4d | 1 | 0.05mi |
| 10213 W 34th St Unit 10213-302 Minnetonka, MN | 2.0 | 1.0 | 948 | $1,995 | $2.10 | 4d | 1 | 0.05mi |
| 10213 W 34th St Unit 10213-202 Minnetonka, MN | 2.0 | 1.0 | 948 | $1,795 | $1.89 | 4d | 1 | 0.05mi |
| 10100 Minnetonka Blvd Hopkins, MN | 2.0 | 1.0 | 950 | $1,400 | $1.47 | 44d | 1 | 0.20mi |
| 9700 Waterstone Pl Hopkins, MN | 2.0 | 1.0–2.0 | 928 | $1,855 | $2.00 | 0d | 16 | 0.45mi |
| 1301 Highway 7 Hopkins, MN | 1.0–2.0 | 1.0 | 786 | $1,235 | $1.57 | 0d | 13 | 0.73mi |
| 2828 Jordan Ave S Minnetonka, MN | 1.0–3.0 | 1.0–2.0 | 1008 | $1,359 | $1.35 | 6d | 9 | 0.74mi |
| 3601 Phillips Pkwy Minneapolis, MN | 3.0 | 1.0–2.0 | 920 | $1,793 | $1.95 | 2d | 9 | 0.77mi |
| 10401 Cedar Lake Rd #505 Hopkins, MN | 1.0 | 1.0 | 600 | $1,395 | $2.33 | 44d | 1 | 0.80mi |
| 10401 Cedar Lake Rd #505 Hopkins, MN | 1.0 | 1.0 | 600 | $1,295 | $2.16 | 0d | 1 | 0.80mi |
| 10401 Cedar Lk Rd S Minnetonka, MN | 1.0 | 1.0 | 600 | $1,295 | $2.16 | 3d | 1 | 0.80mi |
| 8817 W 35th St Minneapolis, MN | 1.0–2.0 | 1.0 | 787 | $1,175 | $1.49 | 6d | 2 | 0.82mi |
| 8824 W 35th St Unit 9 Minneapolis, MN | 1.0 | 1.0 | 700 | $1,065 | $1.52 | 25d | 1 | 0.82mi |
| 8801 W 35th St Minneapolis, MN | 1.0 | 1.0 | 650 | $1,025 | $1.58 | 44d | 1 | 0.85mi |
| 3544 Aquila Cir Unit 8 St Louis Park, MN | 2.0 | 1.0 | 800 | $1,299 | $1.62 | 44d | 1 | 0.85mi |
| 10201 Cedar Lake Rd S Unit 201-101 Minnetonka, MN | 2.0 | 1.5 | 1038 | $1,499 | $1.44 | 18d | 1 | 0.89mi |
| 421 Van Buren Ave N Hopkins, MN | 1.0–2.0 | 1.0–1.5 | 917 | $1,085 | $1.18 | 0d | 26 | 0.97mi |
| 3033 Xylon Ave S Minneapolis, MN | 2.0 | 1.0 | 837 | $1,262 | $1.51 | 6d | 2 | 1.18mi |
| 8216 W 31st St Unit 08 Minneapolis, MN | 2.0 | 1.0 | 950 | $1,250 | $1.32 | 6d | 1 | 1.21mi |
| 8216 W 31st St Unit 07 Minneapolis, MN | 2.0 | 1.0 | 950 | $1,250 | $1.32 | 25d | 1 | 1.21mi |
| 1045 Hiawatha Ave Hopkins, MN | 2.0 | 1.0–2.0 | 835 | $1,385 | $1.66 | 3d | 5 | 1.22mi |
| 8200 W 31st St Minneapolis, MN | 1.0 | 1.0 | 689 | $1,100 | $1.60 | 44d | 2 | 1.24mi |
| 9 7th Ave S Hopkins, MN | 1.0–2.0 | 1.0 | 710 | $1,018 | $1.43 | 6d | 1 | 1.25mi |
| 3117 Virginia Ave S Unit 102 Minneapolis, MN | 2.0 | 1.0 | 970 | $1,425 | $1.47 | 44d | 1 | 1.25mi |
| 1301 Cambridge St Hopkins, MN | 1.0 | 1.0 | 612 | $1,350 | $2.20 | 6d | 6 | 1.25mi |
| 8201 W 30 1/2 St Minneapolis, MN | 2.0 | 1.0 | 850 | $1,295 | $1.52 | 6d | 1 | 1.25mi |
| 1210 Cambridge St Unit 1220-060 Hopkins, MN | 1.0 | 1.0 | 650 | $999 | $1.54 | 44d | 1 | 1.26mi |
| 1210 Cambridge St Unit 1210-017 Hopkins, MN | 1.0 | 1.0 | 650 | $1,069 | $1.64 | 44d | 1 | 1.26mi |
| 3101 Virginia Ave S Minneapolis, MN | 2.0 | 1.0–1.5 | 850 | $1,360 | $1.60 | 2d | 4 | 1.26mi |
| 3063 Virginia Ave S Minneapolis, MN | 1.0 | 1.0 | 700 | $1,075 | $1.54 | 6d | 1 | 1.27mi |
| 3055 Virginia Ave S Unit 3063-18 St Louis Park, MN | 1.0 | 1.0 | 700 | $1,075 | $1.54 | 6d | 1 | 1.27mi |
| 3055 Virginia Ave S Unit 3055-2 St Louis Park, MN | 1.0 | 1.0 | 550 | $1,199 | $2.18 | 25d | 1 | 1.27mi |
| 3055 Virginia Ave S St Louis Park, MN | 1.0 | 1.0 | 675 | $1,075 | $1.59 | 44d | 1 | 1.27mi |
| 3055 Virginia Ave S Unit 3055-12 St Louis Park, MN | 1.0 | 1.0 | 675 | $1,075 | $1.59 | 24d | 1 | 1.27mi |
| 1125 Hiawatha Ave Hopkins, MN | 1.0 | 1.0 | 670 | $1,120 | $1.67 | 0d | 2 | 1.27mi |
| 1118 Mainstreet Hopkins, MN | 2.0 | 1.0–2.0 | 774 | $2,398 | $3.10 | 0d | 17 | 1.29mi |
HOA detail condo
- Monthly dues
- $673 · $8,076/yr
- Likely covers
- watersewertrashsnow removalinsurance
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 28 events
-
2026-06-21days on market $70,000 Active 307 DOM
-
2026-06-18days on market $70,000 Active 304 DOM
-
2026-06-17days on market $70,000 Active 303 DOM
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2026-06-16days on market $70,000 Active 302 DOM
-
2026-06-15days on market $70,000 Active 301 DOM
-
2026-06-13days on market $70,000 Active 299 DOM
-
2026-06-13days on market $70,000 Active 298 DOM
-
2026-06-09days on market $70,000 Active 295 DOM
-
2026-06-08days on market $70,000 Active 294 DOM
-
2026-06-07days on market $70,000 Active 293 DOM
-
2026-06-04days on market $70,000 Active 290 DOM
-
2026-06-03days on market $70,000 Active 289 DOM
-
2026-06-02days on market $70,000 Active 288 DOM
-
2026-06-01days on market $70,000 Active 287 DOM
-
2026-05-31days on market $70,000 Active 286 DOM
-
2026-03-10price $75,000 997-char remark
Show marketing remark (997 chars)
Cheaper than rent with motivated sellers—this is an opportunity you don’t want to miss! NO RENTALS – Co-Op Ownership (Buyer Purchasing Shares) Priced below tax value and even less than the current owner originally paid, this unit is positioned for a quick sale. Association dues cover property taxes, heat, A/C, water/sewer, garbage, snow removal, and building insurance, offering incredible value. When you factor in that property taxes are included, the remaining monthly cost is very reasonable—making this truly cheaper than rent. The unit is in great condition and move-in ready. Enjoy additional amenities, including a party room and shared common spaces. Includes Garage Unit #18 and Storage Unit Door D. HOA requires a credit & background check with all offers; buyer to assume the application fee. I have a mortgage company that will give you the mortgage. Buyer’s agent to verify all information, including building details and HOA/CIC information.
-
2025-12-01price $80,000 997-char remark
Show marketing remark (997 chars)
Cheaper than rent with motivated sellers—this is an opportunity you don’t want to miss! NO RENTALS – Co-Op Ownership (Buyer Purchasing Shares) Priced below tax value and even less than the current owner originally paid, this unit is positioned for a quick sale. Association dues cover property taxes, heat, A/C, water/sewer, garbage, snow removal, and building insurance, offering incredible value. When you factor in that property taxes are included, the remaining monthly cost is very reasonable—making this truly cheaper than rent. The unit is in great condition and move-in ready. Enjoy additional amenities, including a party room and shared common spaces. Includes Garage Unit #18 and Storage Unit Door D. HOA requires a credit & background check with all offers; buyer to assume the application fee. I have a mortgage company that will give you the mortgage. Buyer’s agent to verify all information, including building details and HOA/CIC information.
-
2025-10-26price $85,000 997-char remark
Show marketing remark (997 chars)
Cheaper than rent with motivated sellers—this is an opportunity you don’t want to miss! NO RENTALS – Co-Op Ownership (Buyer Purchasing Shares) Priced below tax value and even less than the current owner originally paid, this unit is positioned for a quick sale. Association dues cover property taxes, heat, A/C, water/sewer, garbage, snow removal, and building insurance, offering incredible value. When you factor in that property taxes are included, the remaining monthly cost is very reasonable—making this truly cheaper than rent. The unit is in great condition and move-in ready. Enjoy additional amenities, including a party room and shared common spaces. Includes Garage Unit #18 and Storage Unit Door D. HOA requires a credit & background check with all offers; buyer to assume the application fee. I have a mortgage company that will give you the mortgage. Buyer’s agent to verify all information, including building details and HOA/CIC information.
-
2025-09-21price $87,000 997-char remark
Show marketing remark (997 chars)
Cheaper than rent with motivated sellers—this is an opportunity you don’t want to miss! NO RENTALS – Co-Op Ownership (Buyer Purchasing Shares) Priced below tax value and even less than the current owner originally paid, this unit is positioned for a quick sale. Association dues cover property taxes, heat, A/C, water/sewer, garbage, snow removal, and building insurance, offering incredible value. When you factor in that property taxes are included, the remaining monthly cost is very reasonable—making this truly cheaper than rent. The unit is in great condition and move-in ready. Enjoy additional amenities, including a party room and shared common spaces. Includes Garage Unit #18 and Storage Unit Door D. HOA requires a credit & background check with all offers; buyer to assume the application fee. I have a mortgage company that will give you the mortgage. Buyer’s agent to verify all information, including building details and HOA/CIC information.
-
2025-08-18$95,000 Active 997-char remark
Show marketing remark (997 chars)
Cheaper than rent with motivated sellers—this is an opportunity you don’t want to miss! NO RENTALS – Co-Op Ownership (Buyer Purchasing Shares) Priced below tax value and even less than the current owner originally paid, this unit is positioned for a quick sale. Association dues cover property taxes, heat, A/C, water/sewer, garbage, snow removal, and building insurance, offering incredible value. When you factor in that property taxes are included, the remaining monthly cost is very reasonable—making this truly cheaper than rent. The unit is in great condition and move-in ready. Enjoy additional amenities, including a party room and shared common spaces. Includes Garage Unit #18 and Storage Unit Door D. HOA requires a credit & background check with all offers; buyer to assume the application fee. I have a mortgage company that will give you the mortgage. Buyer’s agent to verify all information, including building details and HOA/CIC information.
-
2023-07-31soldstatus $115,000 Sold 777-char remark
Show marketing remark (777 chars)
ULTRA AFFORDABLE COOP in FABULOUS MINNETONKA LOCATION! Tip Top Condition and MOVE IN READY! The association dues INCLUDE TAXES, heat and a whole slew of other amenities like a WONDERFUL POOL AREA and a freshly remodeled PARTY/AMUSEMENT ROOM! This 1 Bedroom Unit has been updated and is in pristine condition. There are not stairs into the building and an elevator for access to all floors. THIS IS COOP OWNERSHIP. Don't miss this super affordable opportunity! No pets allowed. Smoking in building is not allowed but there are designated areas outside. Rentals are restricted to family members only. Two year renovation is nearly complete! New roof, new decks, new patios, new carpet, paint, security system, staining on the new decks, landscaping and community room updates!
-
2023-06-28status Pending 777-char remark
Show marketing remark (777 chars)
ULTRA AFFORDABLE COOP in FABULOUS MINNETONKA LOCATION! Tip Top Condition and MOVE IN READY! The association dues INCLUDE TAXES, heat and a whole slew of other amenities like a WONDERFUL POOL AREA and a freshly remodeled PARTY/AMUSEMENT ROOM! This 1 Bedroom Unit has been updated and is in pristine condition. There are not stairs into the building and an elevator for access to all floors. THIS IS COOP OWNERSHIP. Don't miss this super affordable opportunity! No pets allowed. Smoking in building is not allowed but there are designated areas outside. Rentals are restricted to family members only. Two year renovation is nearly complete! New roof, new decks, new patios, new carpet, paint, security system, staining on the new decks, landscaping and community room updates!
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2023-06-22$115,000 Active 777-char remark
Show marketing remark (777 chars)
ULTRA AFFORDABLE COOP in FABULOUS MINNETONKA LOCATION! Tip Top Condition and MOVE IN READY! The association dues INCLUDE TAXES, heat and a whole slew of other amenities like a WONDERFUL POOL AREA and a freshly remodeled PARTY/AMUSEMENT ROOM! This 1 Bedroom Unit has been updated and is in pristine condition. There are not stairs into the building and an elevator for access to all floors. THIS IS COOP OWNERSHIP. Don't miss this super affordable opportunity! No pets allowed. Smoking in building is not allowed but there are designated areas outside. Rentals are restricted to family members only. Two year renovation is nearly complete! New roof, new decks, new patios, new carpet, paint, security system, staining on the new decks, landscaping and community room updates!
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2019-05-29historical
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2019-04-26$109,900 Active
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2017-03-31soldstatus $67,000 Sold
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2017-03-16status Pending
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2017-02-23$74,900 Active
ⓘ 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
- $715 · $60/mo
- Projected year-2 tax
- $749 · $62/mo
- Expected delta
- +$35/yr (+$3/mo · 4.8%)
ⓘ 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $18,228
- − Mortgage interest
- −$3,921
- − Property taxes
- −$715
- − Insurance
- −$350
- − Repairs & maintenance
- −$1,458
- − Management
- −$1,458
- − HOA
- −$8,076
- − Depreciation
- −$2,036
- Taxable income
- $213
- Est. tax owed @ 24.0%
- −$51
- After-tax cash flow
- $803/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
- Hopkins Public School District
- NCES district ID
- 2714260
- Math proficiency
- 48% ▼ -6.00%
- Reading proficiency
- 57% ▼ -2.00%
- Median HH income
- $66,915
- Composite
- 46.44/100
- National rank
- #2448
- State rank
- #75 of 301 in MN
Livability — Minnetonka
- Score
- 75/100
- State rank
- #187
- US rank
- #3994
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Minnetonka, MN
- County
- Hennepin County · 1,150,272 people
- City population
- 41,857
- Metro
- Minneapolis-St. Paul-Bloomington, MN-WI
- Population (ZIP)
- 21,068
- Household income
- $104,914
- Rent vs Own
- Severe rent burden
- 949.0
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 (78%)
- Race & ethnicity
- White 78% Asian 10% Two or more races 5% Hispanic / Latino 4% Black 4%
- Common ancestry
- Portuguese 11% Lithuanian 3% Romanian 3%
- Foreign-born
- 14% · Canada, China, South Korea
- Languages at home
- 84% English-only · Other Asian/Pacific 6% Other Indo-European 2% Spanish 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
- ▼ -358.96%
- Current HPI
- 231.3421
- Rent YoY
- ▲ 3.28%
- 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 |
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| Retail | 2 | $150B |
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| Consumer Goods | 2 | $32B |
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| Industrial Machinery | 2 | $6B |
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| Agriculture | 1 | $40B |
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| Healthcare / Medical Devices | 1 | $32B |
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Price history
+0.1% since first listed13 events — show timeline
- 2026-03-10 Price Changed $75,000 NORTHSTARMLS as Distributed by MLS Grid
- 2025-12-01 Price Changed $80,000 NORTHSTARMLS as Distributed by MLS Grid
- 2025-10-26 Price Changed $85,000 NORTHSTARMLS as Distributed by MLS Grid
- 2025-09-21 Price Changed $87,000 NORTHSTARMLS as Distributed by MLS Grid
- 2025-08-18 Listed $95,000 NORTHSTARMLS as Distributed by MLS Grid
- 2023-07-31 Sold (MLS) $115,000 NORTHSTARMLS as Distributed by MLS Grid
- 2023-06-28 Pending — NORTHSTARMLS as Distributed by MLS Grid
- 2023-06-22 Listed $115,000 NORTHSTARMLS as Distributed by MLS Grid
- 2019-05-29 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
- 2019-04-26 Listed $109,900 NORTHSTARMLS as Distributed by MLS Grid
- 2017-03-31 Sold (MLS) $67,000 NORTHSTARMLS as Distributed by MLS Grid
- 2017-03-16 Pending — NORTHSTARMLS as Distributed by MLS Grid
- 2017-02-23 Listed $74,900 NORTHSTARMLS as Distributed by MLS Grid
Property tax history
+3.1%/yrLatest (2025): $715 · -22.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…