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King Field

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
3
Median price per unit
$262K
Typical cash flow
−$1,517
median per month, 20% down
Crime, last 12 months
37 per 1,000
286 incidents · −9% vs. prior year
Renter households
38%
Median gross rent
$1,343
all unit sizes
Median household income
$98K
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 2 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.

Duplex
−$1,517/mo cash flow
Far off · cap 2.9% · 20% down
$524,950
2 units4 bd3 ba2,270 sqft
3917 Garfield Ave, Minneapolis
King Field
Rents: 13 rentals within 0.75 mi

Ways to slice it

Best cash flow now

Monthly cash flow at 20% down.

  1. 3827 Blaisdell Ave serious flag −$1,436/mo
  2. 3917 Garfield Ave −$1,517/mo
  3. 100 W 40th St serious flag −$2,045/mo

Best long-term

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

  1. 3827 Blaisdell Ave serious flag 0.56× stocks
  2. 3917 Garfield Ave 0.54× stocks
  3. 100 W 40th St serious flag 0.52× stocks

Value-add

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

  1. 3917 Garfield Ave Long time on market: room to negotiate.
  2. 3827 Blaisdell Ave serious flag Long time on market: room to negotiate.
  3. 100 W 40th St serious flag The seller bought for $290,000 in Dec 2008, so they can take a lower offer and still come out well ahead.

Proceed with caution

Decent numbers, serious flags.

  1. 3827 Blaisdell Ave No rent roll, tenant status or lease terms given, so income is unverified

All listings

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

  1. 3917 Garfield Ave

    $524,950 · 2 units
    Far off
    Cash flow −$1,517/mo Cap 2.9% Break-even price $240K Yr 30 vs stocks 0.54× Positive in 30+ yrs

    A nice-looking updated duplex, but at about $525K it loses roughly $1,500 a month as a rental; it only works for an owner-occupant at a much lower price.

  2. 3827 Blaisdell Ave

    $517,000 · 2 units
    Far off
    Cash flow −$1,436/mo Cap 3.1% Break-even price $247K Yr 30 vs stocks 0.56× Positive in 30+ yrs

    Lovely building, but at $517K the rents we estimate can't carry it; it only works at a far lower price.

    No rent roll, tenant status or lease terms given, so income is unverified

  3. 100 W 40th St

    $675,000 · 2 units
    Far off
    Cash flow −$2,045/mo Cap 2.8% Break-even price $291K Yr 30 vs stocks 0.52× Positive in 30+ yrs

    A well-kept King Field duplex that only works as an owner-occupant purchase; as a pure rental, $675K is far above what the rents support.

    Lower-level unit is non-conforming, so it likely can't be legally rented. The license covers only 2 units.

Monthly cash flow

−$2,500−$2,000−$1,500−$1,000−$500$0break-even3827 Blaisdell Ave−$1,4363917 Garfield Ave−$1,517100 W 40th St−$2,045

What's changing

Nothing curated for this neighborhood yet.