Minneapolis › Folwell

Folwell

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
1
Median price per unit
$138K
Typical cash flow
−$11
median per month, 20% down
Crime, last 12 months
57 per 1,000
339 incidents · −2% vs. prior year
Renter households
24%
Median gross rent
$1,436
all unit sizes
Median household income
$67K
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 cash flow now

Monthly cash flow at 20% down.

  1. 3236 James Ave N serious flag −$11/mo

Best long-term

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

  1. 3236 James Ave N serious flag 2.40× stocks

Value-add

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

  1. 3236 James Ave N serious flag Long time on market: room to negotiate.

Proceed with caution

Decent numbers, serious flags.

  1. 3236 James Ave N Marketing claims ('great condition', 'numbers work from day one') are unsupported and the numbers don't work at asking.

All listings

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

  1. 3236 James Ave N

    $275,000 · 2 units
    Close
    Cash flow −$11/mo Cap 6.3% Break-even price $273K Yr 30 vs stocks 2.40× Positive in yr 2

    Rents look low versus estimates, and at $275K the deal is roughly break-even monthly, so only consider it near $273K or below and after verifying the licensing and the mechanicals.

    Marketing claims ('great condition', 'numbers work from day one') are unsupported and the numbers don't work at asking.

Monthly cash flow

−$500$0break-even3236 James Ave N−$11

What's changing

Nothing curated for this neighborhood yet.