Menu
Minneapolis › Corcoran

Corcoran

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
$265K
Typical cash flow
−$1,047
median per month, 20% down
Crime, last 12 months
61 per 1,000
275 incidents · −5% vs. prior year
Renter households
44%
Median gross rent
$1,347
all unit sizes
Median household income
$81K
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.

Duplex
−$565/mo cash flow
Overpriced · cap 4.9% · 20% down
$459,990
2 units6 bd3 ba2,614 sqft
3200 23rd Ave S, Minneapolis
Corcoran
Rents: RentCast comps

Ways to slice it

Best cash flow now

Monthly cash flow at 20% down.

  1. 3200 23rd Ave S −$565/mo
  2. 1911 E 32nd St serious flag −$1,530/mo

Best long-term

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

  1. 3200 23rd Ave S 1.28× stocks
  2. 1911 E 32nd St serious flag 1.02× stocks

Value-add

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

  1. 1911 E 32nd St serious flag The seller bought for $130,000 in Jul 2021, so they can take a lower offer and still come out well ahead.

Proceed with caution

Decent numbers, serious flags.

Nothing here right now.

All listings

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

  1. 3200 23rd Ave S

    $459,990 · 2 units
    Overpriced
    Cash flow −$565/mo Cap 4.9% Break-even price $354K Yr 30 vs stocks 1.28× Positive in yr 11

    Pricey for the rents, but if you'd live upstairs and can negotiate well below ask, it's worth a look.

  2. 1911 E 32nd St

    $900,000 · 3 units
    Overpriced
    Cash flow −$1,530/mo Cap 4.3% Break-even price $613K Yr 30 vs stocks 1.02× Positive in yr 15

    Newer, low-maintenance triplex, but $900K is roughly $287K above where the numbers work, so only consider it at a much lower price.

    County market value is $118,800 against a $900K ask. The county value may not reflect the new building, but it is a big gap and could mean taxes rise after reassessment.

Monthly cash flow

−$2,000−$1,500−$1,000−$500$0break-even3200 23rd Ave S−$5651911 E 32nd St−$1,530

What's changing

Nothing curated for this neighborhood yet.