2824 79th Ave N

13 photos

Photos, via Realtor.com.

Asking price: $528,000
Monthly cash flow: −$181
Estimated rent: $4,850/mo
Break-even price: $493,995

Adjust the numbers See the full breakdown

From the listing

Spacious Side-by-Side Duplex - Fully Leased, Turnkey Investment! Rare opportunity to own a fully leased, side-by-side duplex offering oversized units (one 4 bedroom, one 5-bedroom) - floor plans that consistently command premium rents compared to typical, smaller units. 2824 has been completely renovated, while 2828 has undergone extensive updates as well. Each unit enjoys its own private garage, its own outdoor deck, and access to a generous lot with a shared yard - a rare combination for a duplex and a strong draw for tenants seeking single-family-style space and privacy. The location is a standout: walkable to multiple parks (including a dog park), close to shopping and restaurant, and offering convenient access to major highways. With both units leased and generating income from day one, this is a low-maintenance addition for an investor's portfolio or a strong owner-occupant house-hack opportunity. Set up a showing today!

Description from Realtor.com, MLS #7131872. 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: $528,000
Cash to close: $121,440
Price per unit: $264,000
GRM: 9.1

Each month

Cash flow: −$181/mo
Cash-on-cash: −1.8%
Cap rate: 6.0%
DSCR: 0.94×

Break-even

Price that breaks even: $493,995
Rent that breaks even: $5,079/mo

Long run

Year 30: property vs stocks: $2.02M vs $951K
Cash flow turns positive: year 4

Monthly

Monthly breakdown

Rent	$4,850
Vacancy (6%)	−$291
Collected	$4,559
Property tax Listing	−$713
Insurance Estimate	−$259
Water, sewer, trash Estimate	−$170
Lawn care ($120 × 6 mo ÷ 12)	−$60
Repairs (8% of rent)	−$388
Capital reserve (7% of rent)	−$340
Net operating income	$2,629
Mortgage (principal + interest)	−$2,810
Cash flow	−$181
Principal paid down (equity, not cash)	$358

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	$1,281,595
Minus 6% selling cost	−$76,896
Minus loan still owedTenants' rent paid down all $475,200 of principal by year 30	$0
Plus rental profits, invested at 7%$330,012 of profit by year 30, before investment growth	$555,164
What you'd walk away with	$1,759,863
If you put the same money in stocks
Cash to close ($68,640) invested at 7%	$522,505
Monthly shortfalls ($39,752 total by yr 30) investedThe money you'd have put into the building while it lost money	$251,654
What you'd walk away with	$774,160
Building minus stocks	$985,703

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,281,595
Minus 6% selling cost	−$76,896
Minus loan still owedTenants' rent paid down all $475,200 of principal by year 30	$0
Plus rental profits, invested at 7%$154,962 of profit by year 30, before investment growth	$221,047
What you'd walk away with	$1,425,746
If you put the same money in stocks
Cash to close ($68,640) invested at 7%	$522,505
Monthly shortfalls ($98,950 total by yr 30) investedThe money you'd have put into the building while it lost money	$555,773
What you'd walk away with	$1,078,278
Building minus stocks	$347,468

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,257,322
Minus 6% selling cost	−$75,439
Minus loan still owedTenants' rent paid down all $466,200 of principal by year 30	$0
Plus rental profits, invested at 7%$346,538 of profit by year 30, before investment growth	$593,560
What you'd walk away with	$1,775,442
If you put the same money in stocks
Cash to close ($67,340) invested at 7%	$512,609
Monthly shortfalls ($34,453 total by yr 30) investedThe money you'd have put into the building while it lost money	$220,437
What you'd walk away with	$733,046
Building minus stocks	$1,042,396

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,257,322
Minus 6% selling cost	−$75,439
Minus loan still owedTenants' rent paid down all $466,200 of principal by year 30	$0
Plus rental profits, invested at 7%$166,965 of profit by year 30, before investment growth	$242,581
What you'd walk away with	$1,424,464
If you put the same money in stocks
Cash to close ($67,340) invested at 7%	$512,609
Monthly shortfalls ($89,127 total by yr 30) investedThe money you'd have put into the building while it lost money	$507,694
What you'd walk away with	$1,020,304
Building minus stocks	$404,160

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,281,595
Minus 6% selling cost	−$76,896
Minus loan still owedTenants' rent paid down all $422,400 of principal by year 30	$0
Plus rental profits, invested at 7%$434,845 of profit by year 30, before investment growth	$820,151
What you'd walk away with	$2,024,850
If you put the same money in stocks
Cash to close ($121,440) invested at 7%	$924,432
Monthly shortfalls ($3,869 total by yr 30) investedThe money you'd have put into the building while it lost money	$26,559
What you'd walk away with	$950,992
Building minus stocks	$1,073,858

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,281,595
Minus 6% selling cost	−$76,896
Minus loan still owedTenants' rent paid down all $422,400 of principal by year 30	$0
Plus rental profits, invested at 7%$232,746 of profit by year 30, before investment growth	$371,518
What you'd walk away with	$1,576,217
If you put the same money in stocks
Cash to close ($121,440) invested at 7%	$924,432
Monthly shortfalls ($36,017 total by yr 30) investedThe money you'd have put into the building while it lost money	$216,163
What you'd walk away with	$1,140,595
Building minus stocks	$435,622

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,257,322
Minus 6% selling cost	−$75,439
Minus loan still owedTenants' rent paid down all $414,400 of principal by year 30	$0
Plus rental profits, invested at 7%$452,329 of profit by year 30, before investment growth	$869,210
What you'd walk away with	$2,051,093
If you put the same money in stocks
Cash to close ($119,140) invested at 7%	$906,924
Monthly shortfalls ($2,192 total by yr 30) investedThe money you'd have put into the building while it lost money	$15,287
What you'd walk away with	$922,211
Building minus stocks	$1,128,882

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,257,322
Minus 6% selling cost	−$75,439
Minus loan still owedTenants' rent paid down all $414,400 of principal by year 30	$0
Plus rental profits, invested at 7%$246,158 of profit by year 30, before investment growth	$400,173
What you'd walk away with	$1,582,056
If you put the same money in stocks
Cash to close ($119,140) invested at 7%	$906,924
Monthly shortfalls ($30,269 total by yr 30) investedThe money you'd have put into the building while it lost money	$184,487
What you'd walk away with	$1,091,411
Building minus stocks	$490,645

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,281,595
Minus 6% selling cost	−$76,896
Minus loan still owedTenants' rent paid down all $396,000 of principal by year 30	$0
Plus rental profits, invested at 7%$494,271 of profit by year 30, before investment growth	$993,141
What you'd walk away with	$2,197,840
If you put the same money in stocks
Cash to close ($147,840) invested at 7%	$1,125,396
Monthly shortfalls ($64 total by yr 30) investedThe money you'd have put into the building while it lost money	$457
What you'd walk away with	$1,125,852
Building minus stocks	$1,071,988

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,281,595
Minus 6% selling cost	−$76,896
Minus loan still owedTenants' rent paid down all $396,000 of principal by year 30	$0
Plus rental profits, invested at 7%$278,922 of profit by year 30, before investment growth	$474,159
What you'd walk away with	$1,678,858
If you put the same money in stocks
Cash to close ($147,840) invested at 7%	$1,125,396
Monthly shortfalls ($18,963 total by yr 30) investedThe money you'd have put into the building while it lost money	$119,711
What you'd walk away with	$1,245,106
Building minus stocks	$433,752

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,257,322
Minus 6% selling cost	−$75,439
Minus loan still owedTenants' rent paid down all $388,500 of principal by year 30	$0
Plus rental profits, invested at 7%$512,170 of profit by year 30, before investment growth	$1,049,245
What you'd walk away with	$2,231,127
If you put the same money in stocks
Cash to close ($145,040) invested at 7%	$1,104,081
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	$1,104,081
Building minus stocks	$1,127,046

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,257,322
Minus 6% selling cost	−$75,439
Minus loan still owedTenants' rent paid down all $388,500 of principal by year 30	$0
Plus rental profits, invested at 7%$292,964 of profit by year 30, before investment growth	$507,435
What you'd walk away with	$1,689,318
If you put the same money in stocks
Cash to close ($145,040) invested at 7%	$1,104,081
Monthly shortfalls ($15,042 total by yr 30) investedThe money you'd have put into the building while it lost money	$96,427
What you'd walk away with	$1,200,508
Building minus stocks	$488,810

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 $2.02M, stocks $951K. 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.

5 bed estimate $2,425/mo · range $2,225–$2,625 · 23 rentals within 8.75 mi

Address	Rent	Bd / Ba	Sq ft	Distance	Listed	Type
8016/8020 Zane Ave N, Brooklyn Park	$2,200	4 / 1.5	2,200	1.8 mi	2026-08-18	Apartment
6124 73rd Ave N, Brooklyn Park	$2,250	4 / 2	1,684	2.1 mi	2026-09-09	Duplex triplex
5800 69th Ave N, Minneapolis	$1,830	4 / 3	2,480	2.1 mi	2026-09-22	Apartment
7300 Bass Lake Rd, New Hope	$1,750	4 / 2	1,765	4.1 mi	2026-07-17	Apartment
4199 46th Ave N, Robbinsdale	$2,445	4 / 1.5	1,440	4.2 mi	2024-06-11	Apartment
3706 N Penn Ave Unit 2, Minneapolis	$1,999	4 / 2	1,351	5.4 mi	2026-07-12	Apartment
2604/2606 37th Ave NE, Saint Anthony	$2,395	4 / 2.5	1,700	6.4 mi	2026-08-19	Apartment
2734 N 4th St Unit 1, Minneapolis	$3,200	5 / 3	3,000	6.5 mi	2026-01-16	Duplex triplex
2616 Taylor St NE, Minneapolis	$2,600	5 / 2	—	6.8 mi	2026-10-02	Apartment
2411 Golden Valley Rd Unit 2, Minneapolis	$2,195	5 / 2	—	7.0 mi	2026-07-30	Multi family

4 bed estimate $2,425/mo · range $2,225–$2,625 · 23 rentals within 8.75 mi

Address	Rent	Bd / Ba	Sq ft	Distance	Listed	Type
8016/8020 Zane Ave N, Brooklyn Park	$2,200	4 / 1.5	2,200	1.8 mi	2026-08-18	Apartment
6124 73rd Ave N, Brooklyn Park	$2,250	4 / 2	1,684	2.1 mi	2026-09-09	Duplex triplex
5800 69th Ave N, Minneapolis	$1,830	4 / 3	2,480	2.1 mi	2026-09-22	Apartment
7300 Bass Lake Rd, New Hope	$1,750	4 / 2	1,765	4.1 mi	2026-07-17	Apartment
4199 46th Ave N, Robbinsdale	$2,445	4 / 1.5	1,440	4.2 mi	2024-06-11	Apartment
3706 N Penn Ave Unit 2, Minneapolis	$1,999	4 / 2	1,351	5.4 mi	2026-07-12	Apartment
2604/2606 37th Ave NE, Saint Anthony	$2,395	4 / 2.5	1,700	6.4 mi	2026-08-19	Apartment
2734 N 4th St Unit 1, Minneapolis	$3,200	5 / 3	3,000	6.5 mi	2026-01-16	Duplex triplex
2616 Taylor St NE, Minneapolis	$2,600	5 / 2	—	6.8 mi	2026-10-02	Apartment
2411 Golden Valley Rd Unit 2, Minneapolis	$2,195	5 / 2	—	7.0 mi	2026-07-30	Multi family

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 2824 79TH AVE N

Opportunities

None found.

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.	$8,556
Insurance / yr Estimateestimate. from units, square feet and age; get a quote	$3,111
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. 9 bedrooms: +1 pt repairs for wear; "completely renovated" in the description: -1 pts each	8% / 7%

Status history

2026-09-21New at $528,000

From the listing Listing

Listed as	duplex side x side
Property tax, 2026	$8,556
County	Hennepin
Parcel number	2311921320088

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 Brooklyn Park on rental licensing before you buy.