Minneapolis › Audubon Park

Audubon Park

Minneapolis neighborhood. Every 2–4 unit listing here, run through the same numbers at 20% down and 7%.

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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.

  1. 2742 Taylor St NE serious flag −$158/mo
  2. 2545 Fillmore St NE serious flag −$305/mo
  3. 2533 Polk St NE −$382/mo
  4. 2515 Fillmore St NE serious flag −$501/mo
  5. 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.

  1. 2742 Taylor St NE serious flag 2.03× stocks
  2. 2545 Fillmore St NE serious flag 1.77× stocks
  3. 2533 Polk St NE 1.60× stocks
  4. 2515 Fillmore St NE serious flag 1.37× stocks
  5. 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.

  1. 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.
  2. 2623 Polk St NE serious flag Long time on market: room to negotiate.

Proceed with caution

Decent numbers, serious flags.

  1. 2742 Taylor St NE Cosmetic flip with no mention of systems (boiler, electrical, plumbing, roof, foundation)
  2. 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.

  1. 2742 Taylor St NE

    $375,000 · 2 units
    Close
    Cash flow −$158/mo Cap 5.9% Break-even price $345K Yr 30 vs stocks 2.03× Positive in yr 5

    Pretty 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)

  2. 2533 Polk St NE

    $440,000 · 2 units
    Close
    Cash flow −$382/mo Cap 5.3% Break-even price $368K Yr 30 vs stocks 1.60× Positive in yr 8

    Fine house-hack candidate with one finished side, but at $440K it loses money as a rental, so it needs a lower price.

  3. 2545 Fillmore St NE

    $439,900 · 2 units
    Close
    Cash flow −$305/mo Cap 5.6% Break-even price $383K Yr 30 vs stocks 1.77× Positive in yr 7

    A 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.

  4. 2515 Fillmore St NE

    $439,900 · 2 units
    Overpriced
    Cash flow −$501/mo Cap 5.0% Break-even price $346K Yr 30 vs stocks 1.37× Positive in yr 10

    Nice-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.

  5. 3010 Tyler St NE

    $465,000 · 2 units
    Overpriced
    Cash flow −$830/mo Cap 4.2% Break-even price $309K Yr 30 vs stocks 0.92× Positive in yr 17

    Nice, 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

  6. 2623 Polk St NE

    $409,900 · 2 units
    Overpriced
    Cash flow −$718/mo Cap 4.3% Break-even price $275K Yr 30 vs stocks 0.95× Positive in yr 17

    Nicely 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

−$1,000−$500$0break-even2742 Taylor St NE−$1582545 Fillmore St NE−$3052533 Polk St NE−$3822515 Fillmore St NE−$5012623 Polk St NE−$7183010 Tyler St NE−$830

What's changing

Nothing curated for this neighborhood yet.