Menu
Minneapolis › Bancroft

Bancroft

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

Compare with other neighborhoods →

Neighborhood profile

Listings we track
2
Median price per unit
$187K
Typical cash flow
−$624
median per month, 20% down
Crime, last 12 months
37 per 1,000
126 incidents · −8% vs. prior year
Renter households
29%
Median gross rent
$1,363
all unit sizes
Median household income
$91K
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 2 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.

None yet with verified rents. Every listing here is ranked on rough rent estimates for now (tagged “rough” below); those are places with too few rentals nearby to compare.

Ways to slice it

Best cash flow now

Monthly cash flow at 20% down.

None right now.

Best long-term

Year-30 wealth vs. the same money in stocks.

None right now.

Value-add

Under-rented, needs work, or room to negotiate.

Nothing flagged as value-add.

Proceed with caution

Decent numbers, serious flags.

Nothing here right now.

Needs more info

Left out of the rankings until a data problem is resolved.

  1. 1537 E 38th St The city's rental license covers 4 unit(s); this analysis counts 5.
  2. 3952 Bloomington Ave The city's rental license covers 1 unit(s); this analysis counts 2.

All listings

2 listings. Filter by price or units, or switch the down payment.

  1. 1537 E 38th St

    $680,000 · 5 units
    Cash flows
    Cash flow $122/mo Cap 6.6% Break-even price $703K Yr 30 vs stocks 2.62× Positive in yr 1

    Nice-looking renovation, and at $680K it cash flows slightly in our model, but the unit count and license mismatch needs answers before you spend time on it.

    Needs more info: The city's rental license covers 4 unit(s); this analysis counts 5.

  2. 3952 Bloomington Ave

    $475,000 · 2 units
    Far off
    Cash flow −$1,369/mo Cap 2.9% Break-even price $218K Yr 30 vs stocks 0.54× Positive in 30+ yrs

    Nicely updated, but $475K is more than double what long-term rents support, so it works only as an owner-occupant deal or if the STR income is proven.

    Needs more info: The city's rental license covers 1 unit(s); this analysis counts 2.

Monthly cash flow

What's changing

Nothing curated for this neighborhood yet.