Cleveland
Minneapolis neighborhood. Every 2–4 unit listing here, run through the same numbers at 20% down and 7%.
Neighborhood profile
- Listings we track
- 2
- Median price per unit
- $125K
- Typical cash flow
- $256 median per month, 20% down
- Crime, last 12 months
- 35 per 1,000 109 incidents · −33% vs. prior year
- Renter households
- 23%
- Median gross rent
- $2,153 all unit sizes
- Median household income
- $85K
- 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.
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 long-term
Year-30 wealth vs. the same money in stocks.
- 3614 Russell Ave N serious flag 3.50× stocks
Value-add
Under-rented, needs work, or room to negotiate.
- 3614 Russell Ave N serious flag Long time on market: room to negotiate.
Proceed with caution
Decent numbers, serious flags.
- 3614 Russell Ave N Price is far below 2022 sale and county value.
Needs more info
Left out of the rankings until a data problem is resolved.
- 3229 Penn Ave N 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.
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Cash flows
3614 Russell Ave N
$150,000 · 2 unitsCash flow $207/mo Cap 8.0% Break-even price $189K Yr 30 vs stocks 3.50× Positive in yr 1Cheap on paper with thin modeled cash flow, but the deep discount and the missing rent and license details mean you must find the catch before offering.
Price is far below 2022 sale and county value. Find out why.
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Cash flows
3229 Penn Ave N
$350,000 · 2 unitsCash flow $304/mo Cap 7.4% Break-even price $407K Yr 30 vs stocks 3.24× Positive in yr 1Big 3-bed units, and at $350K it makes money monthly and the price is well below what the rents support, though only one unit has real rent history.
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.