211 Sunset Ave NW · Altura, MN 55910

$150,000

2 bd · 2.0 ba · 1,232 sqft · SingleFamily public records · 17 Days on market

Built 1997 5,662 sqft lot

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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).

• Cash flow +9.1/30.0
• ARV discount +7.5/15.0
• Appreciation +6.5/10.0
• Schools +3.6/10.0
• Livability +3.3/5.0
• 1% rule +2.5/10.0
• DSCR +2.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

Welcome to this unique twin home opportunity in a peaceful small-town setting, ideally located between Winona and Rochester. Both sides of this property are available for purchase, offering incredible flexibility—perfect for multi-generational living, investing, or owner-occupying one side while renting the other. This wonderful home features an inviting open-concept layout, seamlessly connecting the kitchen and living room for easy everyday living and entertaining. Upstairs, you’ll find two generously sized bedrooms, including a spacious primary bedroom with a desirable walk-in closet. A full bathroom serves the upper level, while a convenient half bath is located on the m

Key facts

• Walk-in closet
• New roof installed
• Open-concept layout

Tags

• TWIN HOME OPPORTUNITY
• PEACEFUL SMALL-TOWN SETTING
• OPEN-CONCEPT LAYOUT
• WALK-IN CLOSET
• NEW ROOF INSTALLED

Property features AI

Exterior

• Parking: Attached garage (1 car)
• Utilities: City water; City sewer; Natural gas; Electric service with circuit breakers
• Home design: Residential attached property; Two levels; Entry on main level
• Construction: Poured concrete foundation; Block basement with egress window(s), full and unfinished
• Exterior features: Vinyl exterior; Porch; Lot approximately 50 x 120 (0.13 acres)

Interior

• Kitchen: Dishwasher; Range; Microwave; Refrigerator; Kitchen sized 16.7 x 13
• Bedrooms: 2 bedrooms (both on the upper level)
• Bathrooms: One full bathroom on the upper level; Half bath on the main level
• Heating & cooling: Forced air heating; Central air conditioning
• Interior features: Ceiling fans; Kitchen window; Primary bedroom with walk-in closet; Porch
• Laundry & utility: Washer and dryer included; Washer hookup; Laundry sink; Laundry in basement

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $-116 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $130k (13.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $113k (24.8% below list).
• Recommended offer: $113k (24.8% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 66/100 on livability (#514 in MN) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A, employment B+; Watch: health & safety C-, amenities F, commute F.
• Lewiston-Altura Public School District (rural): math 31% / reading 51% proficiency, ranked #208 of 301 in MN (top 69%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 5 active listings in the ZIP; 37 units permitted in Winona County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $5k of equity ($1k loan paydown + $4k appreciation (2.9% local appreciation)).
• Winona County population projected to shrink 9% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• By year 7, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 17 days — a 2% lower offer ($148k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 18y 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.

Recommended offer $112,830 (24.8% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 0.75% ✗
• Cap rate: 5.37%
• Cash-on-cash: -3.30%
• DSCR: 0.85
• GRM: 11.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

2.94% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 4.3%
• Equity multiple: 1.24×
• Total profit: $10,231
• Equity at exit: $66,941

10-year hold

• IRR: 7.5%
• Equity multiple: 2.13×
• Total profit: $47,352
• Equity at exit: $102,772

Cash invested: $42,000 (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 55910

• Home prices YoY: 1.6%
• Active inventory: 5
• Price-to-rent: 11.1×

Monthly cashflow live

• Estimated rent: $1,128 medium
• Mortgage (P&I): −$787
• Tax from tax record: −$158 /mo · $1,894/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$237
• Net cashflow: $-116

Break-even live

Break-even rent $1,275

Max offer price $129,580

Occupancy floor —

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Listing history 6 events

1. 2026-05-18
   status Pending 1028-char remark
2. 2026-05-11
   historical Contingent - Inspection 1028-char remark
3. 2026-05-01
   listed $150,000 Active 1028-char remark
4. 2018-12-10
   historical
5. 2008-09-30
   listed $101,900
6. 2008-09-30
   listed $101,900

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

Tax reassessment forecast MN · Partial reset (capped growth)

• Current annual tax: $1,894 · $158/mo
• Projected year-2 tax: $1,894 · $158/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 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 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,540
• − Mortgage interest: −$8,402
• − Property taxes: −$1,894
• − Insurance: −$750
• − Repairs & maintenance: −$1,083
• − Management: −$1,083
• − Depreciation: −$4,364
• Taxable loss: −$4,037
• Est. tax savings @ 24.0%: +$969
• After-tax cash flow: $-418/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: Lewiston-Altura Public School District
• NCES district ID: 2718090
• Math proficiency: 31% ▼ -18.00%
• Reading proficiency: 51% ▼ -12.00%
• Median HH income: $58,763
• Composite: 36.09/100
• National rank: #4760
• State rank: #208 of 301 in MN

Livability — Altura

• Score: 66/100
• State rank: #514
• US rank: #12368

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Altura, MN
• Population (ZIP): 1,232

Population outlook (Winona County) Hauer SSP2

• Today (2025): 50,614 people
• By 2030: 50,243 · -0.7%
• By 2040: 48,142 · -4.9%
• By 2050: 45,872 · -9.4%
• By 2075: 42,416 · -16.2%
• By 2100: 40,031 · -20.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Hispanic / Latino 5% Two or more races 2%
• Common ancestry: Portuguese 12% Lithuanian 3% Romanian 3%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 1%

Political lean MEDSL · Winona

• 2024 margin: Toss-up / Even · D 46.6% · R 51.5% · Other 1.8%
• 2008→2024 swing: -24.0pp toward R · 2008: 19.1pp · 2024: -4.9pp
• All cycles: 2024: R+4.9 2020: D+0.4 2016: R+2.9 2012: D+12.9 2008: D+19.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 2.94%
• Current HPI: 182.83
• Rent YoY: —
• Metro: —
• 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

+49.4% since first listed

8 events — show timeline

• 2026-06-05 Sold (Public Records) $152,250 Public Records
• 2026-06-05 Sold (MLS) $152,250 NORTHSTARMLS as Distributed by MLS Grid
• 2026-05-18 Pending — NORTHSTARMLS as Distributed by MLS Grid
• 2026-05-11 Contingent — NORTHSTARMLS as Distributed by MLS Grid
• 2026-05-01 Listed $150,000 NORTHSTARMLS as Distributed by MLS Grid
• 2018-12-10 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 2008-09-30 Listed $101,900 NORTHSTARMLS as Distributed by MLS Grid
• 2008-09-30 Listed $101,900 NORTHSTARMLS as Distributed by MLS Grid

Property tax history

+5.6%/yr

Latest (2025): $1,894 · +28.3% YoY. Source: county tax records.