Folwell
Minneapolis neighborhood. Every 2–4 unit listing here, run through the same numbers at 20% down and 7%.
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 long-term
Year-30 wealth vs. the same money in stocks.
- 3236 James Ave N serious flag 2.40× stocks
Value-add
Under-rented, needs work, or room to negotiate.
- 3236 James Ave N serious flag Long time on market: room to negotiate.
Proceed with caution
Decent numbers, serious flags.
- 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.
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Close
3236 James Ave N
$275,000 · 2 unitsCash flow −$11/mo Cap 6.3% Break-even price $273K Yr 30 vs stocks 2.40× Positive in yr 2Rents 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
What's changing
Nothing curated for this neighborhood yet.