Minneapolis › Harrison

Harrison

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
5
Median price per unit
$160K
Typical cash flow
$72
median per month, 20% down
Crime, last 12 months
76 per 1,000
245 incidents · +27% vs. prior year
Renter households
76%
Median gross rent
$1,177
all unit sizes
Median household income
$64K
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.

Ways to slice it

Best cash flow now

Monthly cash flow at 20% down.

  1. 501 Newton Ave N serious flag $273/mo
  2. 2224 4th Ave N $255/mo
  3. 226 Gramercy Ave $72/mo
  4. 2218 4th Ave N serious flag −$50/mo
  5. 2313 Glenwood Ave serious flag −$388/mo

Best long-term

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

  1. 2224 4th Ave N 3.28× stocks
  2. 501 Newton Ave N serious flag 3.19× stocks
  3. 226 Gramercy Ave 2.58× stocks
  4. 2218 4th Ave N serious flag 2.33× stocks
  5. 2313 Glenwood Ave serious flag 1.30× stocks

Value-add

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

  1. 2224 4th Ave N Long time on market: room to negotiate.
  2. 226 Gramercy Ave The seller bought for $190,000 in Aug 2017, so they can take a lower offer and still come out well ahead.
  3. 2313 Glenwood Ave serious flag Long time on market: room to negotiate.

Proceed with caution

Decent numbers, serious flags.

  1. 501 Newton Ave N Priced far above the $243K break-even; negative cash flow at ask.

All listings

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

  1. 2224 4th Ave N

    $260,000 · 2 units
    Cash flows
    Cash flow $255/mo Cap 7.6% Break-even price $308K Yr 30 vs stocks 3.28× Positive in yr 1

    Workable at ask with about $255/mo cash flow, but no rent data and a year on market, so get a rent roll first.

  2. 226 Gramercy Ave

    $400,000 · 3 units
    Cash flows
    Cash flow $72/mo Cap 6.6% Break-even price $413K Yr 30 vs stocks 2.58× Positive in yr 1

    A clean, updated triplex, but at $400K the cash flow is almost nothing and two units are empty, so push on price or buy it to live in.

  3. 501 Newton Ave N

    $325,000 · 2 units
    Cash flows
    Cash flow $273/mo Cap 7.4% Break-even price $376K Yr 30 vs stocks 3.19× Positive in yr 1

    Nice-looking old duplex, and $325K is about $51K below what our rents support, so it can work as an investment if the rents and condition check out.

    Priced far above the $243K break-even; negative cash flow at ask.

  4. 2218 4th Ave N

    $400,000 · 2 units
    Close
    Cash flow −$50/mo Cap 6.2% Break-even price $391K Yr 30 vs stocks 2.33× Positive in yr 2

    Big units with dated finishes, and at $400K it runs slightly negative; it works near $391K or with rents a bit above our estimate.

    No rents, leases or expenses given despite the 'cash-flowing' claim

  5. 2313 Glenwood Ave

    $320,000 · 2 units
    Overpriced
    Cash flow −$388/mo Cap 4.9% Break-even price $247K Yr 30 vs stocks 1.30× Positive in yr 11

    Charming old duplex, but at $320K it loses money; it only works near $247K or with proven higher rents.

    Priced well above what rents support: negative cash flow and break-even about $73K under ask.

Monthly cash flow

−$500$0$500break-even501 Newton Ave N$2732224 4th Ave N$255226 Gramercy Ave$722218 4th Ave N−$502313 Glenwood Ave−$388

What's changing

Nothing curated for this neighborhood yet.