157 10th Ave N

11 photos

Photos courtesy of RE/MAX Results, via Realtor.com.

Asking price: $199,000
Monthly cash flow: −$41
Estimated rent: $2,400/mo
Break-even price: $191,345

Adjust the numbers See the full breakdown

From the listing

Excellent opportunity to expand your investment portfolio with this up/down duplex in the heart of Waite Park! Each unit offers comfortable living spaces with strong rental appeal, making this a great option for both seasoned investors and owner-occupants looking to offset their mortgage. Convenient location near shopping, dining, parks, and major roadways provides easy access for tenants. Property features separate living spaces, off-street parking, natural gas heat, and in-unit laundry. Tenants pay most utilities, helping maximize cash flow potential. Garage stalls can be rented for additional income opportunity. Whether you're looking for steady rental income or future value-add potential, this duplex is packed with possibilities!

Listing courtesy of RE/MAX Results (Kerby & Cristina Real Estate Experts). Description from Realtor.com, MLS #7074655. Believed reliable but not guaranteed; confirm with the listing agent. View on Realtor.com ↗

The numbers

Edit rents, costs and assumptions

Default: 20% down (no PMI), offer at asking, self-managed, 7.00% for 30 years, buyer pays closing costs (3%).

The deal

Price: $199,000
Cash to close: $45,770
Price per unit: $99,500
GRM: 6.9

Each month

Cash flow: −$41/mo
Cash-on-cash: −1.1%
Cap rate: 6.1%
DSCR: 0.96×

Break-even

Price that breaks even: $191,345
Rent that breaks even: $2,453/mo

Long run

Year 30: property vs stocks: $766K vs $353K
Cash flow turns positive: year 3

Monthly

Monthly breakdown

Rent	$2,400
Vacancy (6%)	−$144
Collected	$2,256
Property tax Listing	−$385
Insurance Estimate	−$215
Water, sewer, trash Estimate	−$170
Lawn care ($120 × 6 mo ÷ 12)	−$60
Repairs (8% of rent)	−$192
Capital reserve (9% of rent)	−$216
Net operating income	$1,018
Mortgage (principal + interest)	−$1,059
Cash flow	−$41
Principal paid down (equity, not cash)	$135

Cash flow each year

Rents +3%/yr, costs +3.5%/yr. Red bars are months you'd cover out of pocket.

30 years

How those totals add up

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$483,025
Minus 6% selling cost	−$28,982
Minus loan still owedTenants' rent paid down all $179,100 of principal by year 30	$0
Plus rental profits, invested at 7%$119,782 of profit by year 30, before investment growth	$205,421
What you'd walk away with	$659,465
If you put the same money in stocks
Cash to close ($25,870) invested at 7%	$196,929
Monthly shortfalls ($12,985 total by yr 30) investedThe money you'd have put into the building while it lost money	$82,964
What you'd walk away with	$279,893
Building minus stocks	$379,572

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$483,025
Minus 6% selling cost	−$28,982
Minus loan still owedTenants' rent paid down all $179,100 of principal by year 30	$0
Plus rental profits, invested at 7%$35,912 of profit by year 30, before investment growth	$48,297
What you'd walk away with	$502,341
If you put the same money in stocks
Cash to close ($25,870) invested at 7%	$196,929
Monthly shortfalls ($45,030 total by yr 30) investedThe money you'd have put into the building while it lost money	$241,668
What you'd walk away with	$438,597
Building minus stocks	$63,744

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$458,753
Minus 6% selling cost	−$27,525
Minus loan still owedTenants' rent paid down all $170,100 of principal by year 30	$0
Plus rental profits, invested at 7%$137,275 of profit by year 30, before investment growth	$248,499
What you'd walk away with	$679,727
If you put the same money in stocks
Cash to close ($24,570) invested at 7%	$187,033
Monthly shortfalls ($8,651 total by yr 30) investedThe money you'd have put into the building while it lost money	$56,430
What you'd walk away with	$243,463
Building minus stocks	$436,264

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$458,753
Minus 6% selling cost	−$27,525
Minus loan still owedTenants' rent paid down all $170,100 of principal by year 30	$0
Plus rental profits, invested at 7%$46,630 of profit by year 30, before investment growth	$66,229
What you'd walk away with	$497,456
If you put the same money in stocks
Cash to close ($24,570) invested at 7%	$187,033
Monthly shortfalls ($33,923 total by yr 30) investedThe money you'd have put into the building while it lost money	$189,987
What you'd walk away with	$377,020
Building minus stocks	$120,436

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$483,025
Minus 6% selling cost	−$28,982
Minus loan still owedTenants' rent paid down all $159,200 of principal by year 30	$0
Plus rental profits, invested at 7%$160,494 of profit by year 30, before investment growth	$311,787
What you'd walk away with	$765,831
If you put the same money in stocks
Cash to close ($45,770) invested at 7%	$348,413
Monthly shortfalls ($661 total by yr 30) investedThe money you'd have put into the building while it lost money	$4,622
What you'd walk away with	$353,035
Building minus stocks	$412,796

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$483,025
Minus 6% selling cost	−$28,982
Minus loan still owedTenants' rent paid down all $159,200 of principal by year 30	$0
Plus rental profits, invested at 7%$61,734 of profit by year 30, before investment growth	$94,098
What you'd walk away with	$548,142
If you put the same money in stocks
Cash to close ($45,770) invested at 7%	$348,413
Monthly shortfalls ($17,817 total by yr 30) investedThe money you'd have put into the building while it lost money	$102,761
What you'd walk away with	$451,174
Building minus stocks	$96,968

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$458,753
Minus 6% selling cost	−$27,525
Minus loan still owedTenants' rent paid down all $151,200 of principal by year 30	$0
Plus rental profits, invested at 7%$178,994 of profit by year 30, before investment growth	$367,497
What you'd walk away with	$798,724
If you put the same money in stocks
Cash to close ($43,470) invested at 7%	$330,905
Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money	$0
What you'd walk away with	$330,905
Building minus stocks	$467,819

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$458,753
Minus 6% selling cost	−$27,525
Minus loan still owedTenants' rent paid down all $151,200 of principal by year 30	$0
Plus rental profits, invested at 7%$74,400 of profit by year 30, before investment growth	$119,923
What you'd walk away with	$551,150
If you put the same money in stocks
Cash to close ($43,470) invested at 7%	$330,905
Monthly shortfalls ($11,323 total by yr 30) investedThe money you'd have put into the building while it lost money	$68,254
What you'd walk away with	$399,159
Building minus stocks	$151,991

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$483,025
Minus 6% selling cost	−$28,982
Minus loan still owedTenants' rent paid down all $149,250 of principal by year 30	$0
Plus rental profits, invested at 7%$183,664 of profit by year 30, before investment growth	$382,202
What you'd walk away with	$836,246
If you put the same money in stocks
Cash to close ($55,720) invested at 7%	$424,155
Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money	$0
What you'd walk away with	$424,155
Building minus stocks	$412,091

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$483,025
Minus 6% selling cost	−$28,982
Minus loan still owedTenants' rent paid down all $149,250 of principal by year 30	$0
Plus rental profits, invested at 7%$77,670 of profit by year 30, before investment growth	$126,907
What you'd walk away with	$580,951
If you put the same money in stocks
Cash to close ($55,720) invested at 7%	$424,155
Monthly shortfalls ($9,922 total by yr 30) investedThe money you'd have put into the building while it lost money	$60,533
What you'd walk away with	$484,688
Building minus stocks	$96,263

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$458,753
Minus 6% selling cost	−$27,525
Minus loan still owedTenants' rent paid down all $141,750 of principal by year 30	$0
Plus rental profits, invested at 7%$201,627 of profit by year 30, before investment growth	$438,763
What you'd walk away with	$869,990
If you put the same money in stocks
Cash to close ($52,920) invested at 7%	$402,841
Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money	$0
What you'd walk away with	$402,841
Building minus stocks	$467,149

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$458,753
Minus 6% selling cost	−$27,525
Minus loan still owedTenants' rent paid down all $141,750 of principal by year 30	$0
Plus rental profits, invested at 7%$91,135 of profit by year 30, before investment growth	$157,555
What you'd walk away with	$588,782
If you put the same money in stocks
Cash to close ($52,920) invested at 7%	$402,841
Monthly shortfalls ($5,424 total by yr 30) investedThe money you'd have put into the building while it lost money	$34,620
What you'd walk away with	$437,461
Building minus stocks	$151,321

Future dollars. At 3% inflation, divide year-30 figures by about 2.4 for today's buying power. Rental profits are assumed invested, not spent.

30 years: this property vs. the same money in stocks

This propertyStocks at 7%

Year 30 (loan paid off): property $766K, stocks $353K. The property wins.

Comparable rentals

The closest rental listings with each unit's bedroom count, as of 2026-10-04. The estimate is the median asking rent of every rental we found nearby (the count is shown for each); houses are left out. Asking rents from Realtor.com rental listings, not signed leases.

3 bed estimate $1,375/mo · range $1,200–$1,675 · 17 rentals within 5 mi

Address	Rent	Bd / Ba	Sq ft	Distance	Listed	Type
813 7th St S, Waite Park	$1,490	3 / 2	1,150	1.1 mi	2025-10-15	Apartment
690 Prosper Dr, Waite Park	$1,962	3 / 2	1,200	1.2 mi	2026-01-02	Apartment
1965 Quarry Rd, Saint Cloud	$1,710	3 / 1	1,070	1.9 mi	2024-11-07	Apartment
2121 W Street Germain St Unit Main, Saint Cloud	$1,500	3 / 1	1,100	2.3 mi	2023-09-21	Apartment
914 12th Ave N Unit 1, Saint Cloud	$1,377	3 / 1	1,000	2.8 mi	2026-09-22	Apartment
720 Roberts Rd, Sartell	$2,000	3 / 2	1,285	3.0 mi	2026-09-02	Apartment
402 7th Ave S, Saint Cloud	$420	3 / 2	—	3.5 mi	2025-09-13	Apartment
710 13th St S Apt 2, Saint Cloud	$950	3 / 1	925	3.6 mi	—	Apartment
28 3rd Ave NE, Saint Cloud	$1,300	3 / 1	1,000	3.7 mi	2025-09-26	Apartment
1060 7th St SE, Saint Cloud	$1,075	3 / 1	1,176	4.5 mi	2024-04-15	Apartment

2 bed estimate $1,025/mo · range $975–$1,225 · 11 rentals within 1.5 mi

Address	Rent	Bd / Ba	Sq ft	Distance	Listed	Type
157 10th Ave N, Waite Park	$950	2 / 1	—	0.0 mi	2026-09-29	Apartment
490 3rd St S, Waite Park	$1,295	2 / 1.5	964	0.7 mi	2026-03-05	Apartment
340 2nd Ave S Apt 344, Waite Park	$1,095	2 / 1	—	0.8 mi	—	Apartment
851 Driftwood Dr Apt 1, Saint Cloud	$945	2 / 1	—	0.8 mi	—	Apartment
408 Park Meadows Dr, Waite Park	$1,115	2 / 1	1,000	0.9 mi	2025-10-15	Apartment
813 7th St S, Waite Park	$1,155	2 / 1	850	1.1 mi	2025-10-15	Apartment
601 7th St S, Waite Park	$850	2 / 1	804	1.1 mi	2025-12-17	Apartment
690 Prosper Dr, Waite Park	$1,350	2 / 2	960	1.2 mi	2026-01-02	Apartment
501 7th St S, Waite Park	$900	2 / 1	804	1.2 mi	2025-07-18	Apartment
38 Oxby Ln, Waite Park	$900	2 / 1	—	1.2 mi	2026-07-07	Apartment

On the maps, this property and comparable rentals. Comparable rentals and rent estimate: Realtor.com rental listings. Rents are asking rents from listings; check them against the actual leases.

Red flags and opportunities

Watch for

mediumCouldn't match this address to a county parcel record, so taxes and unit count are unverified. Public record: County parcels: no match for 157 10TH AVE N

Opportunities

Long time on market: room to negotiate. Based on: Listing data: 142 days on market, 2 price cuts

Questions for the agent

Can we see the current leases and a rent roll, with move-in dates?
What did water/sewer/trash, heat and electric cost the owner over the last 12 months?
How old are the roof, boiler or furnaces, water heaters and electrical panels?
Is the building licensed as a rental for this many units, and when was the last city inspection?
Any special assessments pending, and will the seller pay them off at closing?

Standard questions worth asking about any building.

What the records say

Where each number comes from

Property tax / yr Listinglisting, tax year 2026. The tax the listing states. If the seller lives there it may be at the lower homestead rate; an investor owner pays the non-homestead rate, often 20–40% more on the owner's unit.	$4,616
Insurance / yr Estimateestimate. from units, square feet and age; get a quote	$2,579
Water, sewer, trash / mo Estimateestimate. $85/unit/mo, owner-paid	$170
Heat / mo Assumptionassumption. tenants pay heat; confirm with the agent	$0
Lawn care / mo Assumptionassumption. $120/mo for 6 months, spread over 12; no snow removal	$60
Repairs / capital reserve Rulerule. built 1902: +1 pt capital reserve	8% / 9%

Status history

2026-05-16Price cut at $199,000 (was $219,000) · from listing history
2025-07-14Price cut at $219,000 (was $224,000) · from listing history
2026-05-16New at $199,000

From the listing Listing

Listed as	duplex up and down
Property tax, 2026	$4,616
County	Stearns
Parcel number	98610950000

As the listing states it (NorthstarMLS, via Realtor.com). We don't have county records here yet; check the tax, homestead status and special assessments with the county.

Crime, rental-license and vacant-building records are only available for St. Paul and Minneapolis so far. Check with Waite Park on rental licensing before you buy.