Minneapolis › Fulton

Fulton

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
2
Median price per unit
$290K
Typical cash flow
−$1,563
median per month, 20% down
Crime, last 12 months
11 per 1,000
69 incidents · −14% vs. prior year
Renter households
12%
Median gross rent
$2,312
all unit sizes
Median household income
$167K
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 3 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. 5001 Thomas Ave S serious flag −$957/mo
  2. 4909 Xerxes Ave S serious flag −$2,170/mo

Best long-term

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

  1. 5001 Thomas Ave S serious flag 0.78× stocks
  2. 4909 Xerxes Ave S serious flag 0.51× stocks

Value-add

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

  1. 5001 Thomas Ave S serious flag Long time on market: room to negotiate.

Proceed with caution

Decent numbers, serious flags.

  1. 5001 Thomas Ave S No rents or income figures given, so the 'strong investment appeal' claim can't be checked.

All listings

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

  1. 5001 Thomas Ave S

    $459,900 · 2 units
    Overpriced
    Cash flow −$957/mo Cap 3.9% Break-even price $280K Yr 30 vs stocks 0.78× Positive in yr 21

    Nice-looking duplex in a great location, but $459,900 for two 1-beds renting around $1,700 each is too high for an investor.

    No rents or income figures given, so the 'strong investment appeal' claim can't be checked.

  2. 4909 Xerxes Ave S

    $699,900 · 2 units
    Far off
    Cash flow −$2,170/mo Cap 2.7% Break-even price $292K Yr 30 vs stocks 0.51× Positive in 30+ yrs

    Charming and well located, but at $699,900 it loses about $2,200 a month in our model, so it only works at a far lower price or with proven high rents.

    No rents, leases or expenses given despite touting rental history

Monthly cash flow

−$2,500−$2,000−$1,500−$1,000−$500$0break-even5001 Thomas Ave S−$9574909 Xerxes Ave S−$2,170

What's changing

Nothing curated for this neighborhood yet.