Audubon Park
Minneapolis neighborhood. Every 2–4 unit listing here, run through the same numbers at 20% down and 7%.
Neighborhood profile
- Listings we track
- 6
- Median price per unit
- $220K
- Typical cash flow
- −$441 median per month, 20% down
- Crime, last 12 months
- 29 per 1,000 157 incidents · +10% vs. prior year
- Renter households
- 45%
- Median gross rent
- $1,635 all unit sizes
- Median household income
- $82K
- Rent rules
- No cap Rents can reset to market at renewal
Minneapolis police incidents, all reported offenses (definitions differ from St. Paul's, so don't compare across cities). Per-resident rates use 2020 Census population. Census figures: ACS 2020–2024 5-year, combining 1 tract(s) centered in this neighborhood; medians are household-weighted averages of tract medians.
Map
Top picks
Ranked on real rent estimates (nearby comparable rentals or our own research). Listings with a serious red flag are under Proceed with caution instead, however good the numbers look.
Ways to slice it
Best cash flow now
Monthly cash flow at 20% down.
- 2742 Taylor St NE serious flag −$158/mo
- 2545 Fillmore St NE serious flag −$305/mo
- 2533 Polk St NE −$382/mo
- 2515 Fillmore St NE serious flag −$501/mo
- 2623 Polk St NE serious flag −$718/mo
+ 1 more in the full list below
Best long-term
Year-30 wealth vs. the same money in stocks.
- 2742 Taylor St NE serious flag 2.03× stocks
- 2545 Fillmore St NE serious flag 1.77× stocks
- 2533 Polk St NE 1.60× stocks
- 2515 Fillmore St NE serious flag 1.37× stocks
- 2623 Polk St NE serious flag 0.95× stocks
+ 1 more in the full list below
Value-add
Under-rented, needs work, or room to negotiate.
- 2533 Polk St NE The seller bought for $218,000 in May 2004, so they can take a lower offer and still come out well ahead.
- 2623 Polk St NE serious flag Long time on market: room to negotiate.
Proceed with caution
Decent numbers, serious flags.
- 2742 Taylor St NE Cosmetic flip with no mention of systems (boiler, electrical, plumbing, roof, foundation)
- 2545 Fillmore St NE Unusual ownership (land trust, ground lease or co-op): resale price limits or lease terms can cap your upside.
All listings
6 listings. Filter by price or units, or switch the down payment.
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2742 Taylor St NE
$375,000 · 2 unitsCash flow −$158/mo Cap 5.9% Break-even price $345K Yr 30 vs stocks 2.03× Positive in yr 5Pretty flip, but at $375K it loses about $160 a month and only starts to pencil near $345K, so verify permits and systems before offering anywhere close to ask.
Cosmetic flip with no mention of systems (boiler, electrical, plumbing, roof, foundation)
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Close
2533 Polk St NE
$440,000 · 2 unitsCash flow −$382/mo Cap 5.3% Break-even price $368K Yr 30 vs stocks 1.60× Positive in yr 8Fine house-hack candidate with one finished side, but at $440K it loses money as a rental, so it needs a lower price.
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Close
2545 Fillmore St NE
$439,900 · 2 unitsCash flow −$305/mo Cap 5.6% Break-even price $383K Yr 30 vs stocks 1.77× Positive in yr 7A duplex with upper-unit upside, but it loses money at the ask, and the rents and the ownership flag need proof.
Unusual ownership (land trust, ground lease or co-op): resale price limits or lease terms can cap your upside.
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Overpriced
2515 Fillmore St NE
$439,900 · 2 unitsCash flow −$501/mo Cap 5.0% Break-even price $346K Yr 30 vs stocks 1.37× Positive in yr 10Nice-looking duplex, but at $439,900 it loses about $501 a month by our numbers and only pencils near $346K.
Unusual ownership (land trust, ground lease or co-op): resale price limits or lease terms can cap your upside.
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Overpriced
3010 Tyler St NE
$465,000 · 2 unitsCash flow −$830/mo Cap 4.2% Break-even price $309K Yr 30 vs stocks 0.92× Positive in yr 17Nice, low-maintenance side-by-side, but $465K is about 50% more than the rents support, so only negotiate if the seller comes way down.
No rents or lease terms given; income is unverified
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Overpriced
2623 Polk St NE
$409,900 · 2 unitsCash flow −$718/mo Cap 4.3% Break-even price $275K Yr 30 vs stocks 0.95× Positive in yr 17Nicely redone duplex, but at $409,900 it loses about $718 a month on our numbers, so it only works at a far lower price.
Rents are only estimates, so no income is documented
Monthly cash flow
What's changing
Nothing curated for this neighborhood yet.
