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Lowry Hill East

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
7
Median price per unit
$225K
Typical cash flow
−$270
median per month, 20% down
Crime, last 12 months
74 per 1,000
647 incidents · −3% vs. prior year
Renter households
90%
Median gross rent
$1,250
all unit sizes
Median household income
$58K
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.

Duplex Price cut: $34,900
−$83/mo cash flow
Close · cap 6.2% · 20% down
$450,000
2 units6 bd3 ba3,200 sqft
2725 Dupont Ave S, Minneapolis
Lowry Hill East
Rents: 6 rentals within 1.25 mi
Duplex New listing
−$952/mo cash flow
Overpriced · cap 4.0% · 20% down
$489,000
2 units7 bd2 ba2,824 sqft
2814 Colfax Ave S, Minneapolis
Lowry Hill East
Rents: 7 rentals within 2.75 mi
Duplex
−$2,112/mo cash flow
Far off · cap 3.4% · 20% down
$849,900
2 units8 bd4 ba3,753 sqft
2441 Dupont Ave S, Minneapolis
Lowry Hill East
Rents: 6 rentals within 1.5 mi

Ways to slice it

Best cash flow now

Monthly cash flow at 20% down.

  1. 2725 Dupont Ave S −$83/mo
  2. 1108 W 28th St serious flag −$270/mo
  3. 2814 Colfax Ave S −$952/mo
  4. 2441 Dupont Ave S −$2,112/mo
  5. 2109 Aldrich Ave S serious flag −$4,044/mo

Best long-term

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

  1. 2725 Dupont Ave S 2.27× stocks
  2. 1108 W 28th St serious flag 1.80× stocks
  3. 2814 Colfax Ave S 0.80× stocks
  4. 2441 Dupont Ave S 0.65× stocks
  5. 2109 Aldrich Ave S serious flag 0.44× stocks

Value-add

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

  1. 2725 Dupont Ave S Long time on market: room to negotiate.
  2. 2441 Dupont Ave S The seller bought for $381,000 in May 2002, so they can take a lower offer and still come out well ahead.
  3. 2109 Aldrich Ave S serious flag The seller bought for $238,782 in Jan 2019, so they can take a lower offer and still come out well ahead.

Proceed with caution

Decent numbers, serious flags.

  1. 1108 W 28th St Priced well above what the numbers support: negative cash flow at the ask

Needs more info

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

  1. 2720 Dupont Ave S The city's rental license covers 4 unit(s); this analysis counts 5.
  2. 2740 Lyndale Ave S The city's rental license covers 4 unit(s); this analysis counts 5.

All listings

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

  1. 2725 Dupont Ave S

    $450,000 · 2 units
    Close
    Cash flow −$83/mo Cap 6.2% Break-even price $434K Yr 30 vs stocks 2.27× Positive in yr 3

    Nice-looking 2-4 duplex in a great location, but at $450K it loses about $100 a month as a rental and breaks even at roughly $431K.

  2. 1108 W 28th St

    $409,900 · 2 units
    Close
    Cash flow −$270/mo Cap 5.6% Break-even price $359K Yr 30 vs stocks 1.80× Positive in yr 6

    Nice, updated old Uptown duplex, but at $409,900 it loses money, so it only works if the rents are well above our estimate or the price falls near $359K.

    Priced well above what the numbers support: negative cash flow at the ask

  3. 2814 Colfax Ave S

    $489,000 · 2 units
    Overpriced
    Cash flow −$952/mo Cap 4.0% Break-even price $310K Yr 30 vs stocks 0.80× Positive in yr 21

  4. 2441 Dupont Ave S

    $849,900 · 2 units
    Far off
    Cash flow −$2,112/mo Cap 3.4% Break-even price $453K Yr 30 vs stocks 0.65× Positive in yr 25

    Lovely, updated duplex, but at $849,900 it loses over $2,000 a month as a rental, so it only works as an owner-occupant purchase at a much lower price.

  5. 2109 Aldrich Ave S

    $1,149,000 · 3 units
    Far off
    Cash flow −$4,044/mo Cap 2.2% Break-even price $389K Yr 30 vs stocks 0.44× Positive in 30+ yrs

    Newer building, but at $1.149M it loses about $4K a month on our numbers, and only a documented rent roll far above our estimate could change that.

    Description gives no rents, occupancy, lease terms or expenses

  6. 2720 Dupont Ave S

    $674,900 · 5 units
    Close
    Cash flow −$251/mo Cap 5.9% Break-even price $628K Yr 30 vs stocks 2.06× Positive in yr 4

    Nice cosmetic work in a great location, but the numbers don't work at the ask and the unit count is murky.

    Needs more info: The city's rental license covers 4 unit(s); this analysis counts 5.

  7. 2740 Lyndale Ave S

    $650,000 · 5 units
    Close
    Cash flow −$118/mo Cap 6.2% Break-even price $628K Yr 30 vs stocks 2.25× Positive in yr 3

    Decent location and a reportedly remodeled building, but at $650K it loses money monthly, so it only works at a lower price once rents, unit count and the flat roof check out.

    Needs more info: The city's rental license covers 4 unit(s); this analysis counts 5.

Monthly cash flow

−$4,500−$4,000−$3,500−$3,000−$2,500−$2,000−$1,500−$1,000−$500$0break-even2725 Dupont Ave S−$831108 W 28th St−$2702814 Colfax Ave S−$9522441 Dupont Ave S−$2,1122109 Aldrich Ave S−$4,044

What's changing

Nothing curated for this neighborhood yet.