East Harriet
Minneapolis neighborhood. Every 2–4 unit listing here, run through the same numbers at 20% down and 7%.
Neighborhood profile
- Listings we track
- 4
- Median price per unit
- $285K
- Typical cash flow
- −$1,418 median per month, 20% down
- Crime, last 12 months
- 44 per 1,000 159 incidents · +25% vs. prior year
- Renter households
- 27%
- Median gross rent
- $1,475 all unit sizes
- Median household income
- $127K
- 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.
- 4353 Bryant Ave S serious flag −$1,283/mo
- 4145 Colfax Ave S serious flag −$1,899/mo
Best long-term
Year-30 wealth vs. the same money in stocks.
- 4145 Colfax Ave S serious flag 0.62× stocks
- 4353 Bryant Ave S serious flag 0.48× stocks
Value-add
Under-rented, needs work, or room to negotiate.
- 4353 Bryant Ave S serious flag Long time on market: room to negotiate.
Proceed with caution
Decent numbers, serious flags.
- 4145 Colfax Ave S Taxes of $13.7K on a non-homestead basis eat most of the income
Needs more info
Left out of the rankings until a data problem is resolved.
- 3740 Bryant Ave S The city's rental license covers 2 unit(s); this analysis counts 3.
- 4517 Aldrich Ave S The city's rental license covers 1 unit(s); this analysis counts 2.
All listings
4 listings. Filter by price or units, or switch the down payment.
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Far off
4145 Colfax Ave S
$740,000 · 2 unitsCash flow −$1,899/mo Cap 3.3% Break-even price $383K Yr 30 vs stocks 0.62× Positive in yr 27Beautiful building in a great location, but at $740K it loses about $1,900 a month as a rental, so it only works for an owner-occupant or at a far lower price.
Taxes of $13.7K on a non-homestead basis eat most of the income
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Far off
4353 Bryant Ave S
$399,900 · 2 unitsCash flow −$1,283/mo Cap 2.5% Break-even price $159K Yr 30 vs stocks 0.48× Positive in 30+ yrsNice-looking old duplex, but at $399,900 it loses about $1,300 a month on our numbers, so only worth a look at a far lower price.
Price is far above what the rents support; owner likely loses money each month at ask.
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Overpriced
3740 Bryant Ave S
$455,000 · 3 unitsCash flow −$817/mo Cap 4.2% Break-even price $302K Yr 30 vs stocks 0.89× Positive in yr 18At $455K for a two-license building with an unproven third unit, the numbers lose over $800 a month; only worth a look as a house-hack at a much lower price.
Needs more info: The city's rental license covers 2 unit(s); this analysis counts 3.
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Overpriced
4517 Aldrich Ave S
$750,000 · 2 unitsCash flow −$1,553/mo Cap 3.9% Break-even price $458K Yr 30 vs stocks 0.79× Positive in yr 20Lovely building in a great location, but at $750K the rents cover roughly three-fifths of what the price needs, so it only works as an owner-occupant buy.
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.