Minneapolis › Jordan

Jordan

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
9
Median price per unit
$140K
Typical cash flow
$477
median per month, 20% down
Crime, last 12 months
69 per 1,000
591 incidents · +4% vs. prior year
Renter households
41%
Median gross rent
$1,270
all unit sizes
Median household income
$63K
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.

Ways to slice it

Best cash flow now

Monthly cash flow at 20% down.

  1. 1523 22nd Ave N $738/mo
  2. 2226 Girard Ave N serious flag $664/mo
  3. 2308 Logan Ave N $646/mo
  4. 2218 Irving Ave N $573/mo
  5. 2410 James Ave N $477/mo

+ 3 more in the full list below

Best long-term

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

  1. 2226 Girard Ave N serious flag 6.30× stocks
  2. 1523 22nd Ave N 5.45× stocks
  3. 2308 Logan Ave N 4.47× stocks
  4. 2218 Irving Ave N 4.27× stocks
  5. 2410 James Ave N 3.86× stocks

+ 3 more in the full list below

Value-add

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

  1. 2226 Girard Ave N serious flag The seller bought for $40,000 in May 2009, so they can take a lower offer and still come out well ahead.
  2. 2219 29th Ave N serious flag Long time on market: room to negotiate.
  3. 2050 W Broadway Ave serious flag Long time on market: room to negotiate.

Proceed with caution

Decent numbers, serious flags.

Nothing here right now.

Needs more info

Left out of the rankings until a data problem is resolved.

  1. 3126 Logan Ave N The city's rental license covers 1 unit(s); this analysis counts 2.

All listings

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

  1. 2308 Logan Ave N

    $285,000 · 2 units
    Cash flows
    Cash flow $646/mo Cap 9.1% Break-even price $406K Yr 30 vs stocks 4.47× Positive in yr 1
  2. 1523 22nd Ave N

    $214,900 · 2 units
    Cash flows
    Cash flow $738/mo Cap 10.5% Break-even price $353K Yr 30 vs stocks 5.45× Positive in yr 1

    Numbers look attractive at $214,900 with both units empty, but verify mechanicals, the main unit's size, and why it has sat 81 days.

  3. 2218 Irving Ave N

    $279,900 · 2 units
    Cash flows
    Cash flow $573/mo Cap 8.8% Break-even price $387K Yr 30 vs stocks 4.27× Positive in yr 1

    Fresh flip priced about 3x the seller's purchase price; the cash flow is positive but rests on our estimated rents, so verify permits, the upper unit's systems and the assessments before going further.

  4. 2410 James Ave N

    $300,000 · 2 units
    Cash flows
    Cash flow $477/mo Cap 8.3% Break-even price $390K Yr 30 vs stocks 3.86× Positive in yr 1

    A cosmetically refreshed 3/1 up/down with positive cash flow at $300K and a Tier 2 license; worth pursuing once systems are verified, ideally below ask.

  5. 2226 Girard Ave N

    $150,000 · 2 units
    Cash flows
    Cash flow $664/mo Cap 11.7% Break-even price $275K Yr 30 vs stocks 6.30× Positive in yr 1

    The numbers look strong at $150K, but they rest on our rent estimates, so get the real rents, electric costs and roof condition before you get excited.

    No actual rents given. Our underwriting runs on estimates, not a rent roll.

  6. 2631 Girard Ave N

    $289,900 · 2 units
    Cash flows
    Cash flow $397/mo Cap 8.0% Break-even price $365K Yr 30 vs stocks 3.66× Positive in yr 1

    Cleanly flipped duplex with positive cash flow at ask, so the hidden systems and actual rents need to be solid.

    Cosmetic flip with no disclosed scope, permits or mechanical ages

  7. 2219 29th Ave N

    $234,900 · 2 units
    Cash flows
    Cash flow $15/mo Cap 6.5% Break-even price $238K Yr 30 vs stocks 2.49× Positive in yr 1

    Cosmetically fresh duplex, priced about $3K below break-even but well over what the seller paid, so it barely works and only with clear answers on assessments and systems.

    Price is well above the last sale and county value, so the ask leans on the remodel

  8. 2050 W Broadway Ave

    $449,900 · 3 units
    Cash flows
    Cash flow $262/mo Cap 7.1% Break-even price $499K Yr 30 vs stocks 2.93× Positive in yr 1

    A well-rebuilt triplex with clean systems that cash flows modestly at asking, but verify the stated rents and taxes before you commit.

    Total rent is stated with no per-unit breakdown, and it exceeds our estimates (~$4,650 mid).

  9. 3126 Logan Ave N

    $260,000 · 2 units
    Cash flows
    Cash flow $16/mo Cap 6.5% Break-even price $263K Yr 30 vs stocks 2.47× Positive in yr 1

    A tidy old duplex priced right at what the numbers support, so worth a look but better below $260K.

    Needs more info: The city's rental license covers 1 unit(s); this analysis counts 2.

Monthly cash flow

−$500$0$500$1,000break-even1523 22nd Ave N$7382226 Girard Ave N$6642308 Logan Ave N$6462218 Irving Ave N$5732410 James Ave N$4772631 Girard Ave N$3972050 W Broadway Ave$2622219 29th Ave N$15

What's changing

Nothing curated for this neighborhood yet.