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McKinley

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
$132K
Typical cash flow
$137
median per month, 20% down
Crime, last 12 months
45 per 1,000
145 incidents · −9% vs. prior year
Renter households
31%
Median gross rent
$1,333
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.

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. 3339 Aldrich Ave N serious flag $137/mo
  2. 3606 Bryant Ave N serious flag −$488/mo

Best long-term

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

  1. 3339 Aldrich Ave N serious flag 2.87× stocks
  2. 3606 Bryant Ave N serious flag 0.88× stocks

Value-add

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

  1. 3339 Aldrich Ave N serious flag Long time on market: room to negotiate.
  2. 3606 Bryant Ave N serious flag Long time on market: room to negotiate.

Proceed with caution

Decent numbers, serious flags.

  1. 3339 Aldrich Ave N Priced above what the rents support.

Needs more info

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

  1. 3247 Aldrich Ave N The city's rental license covers 1 unit(s); this analysis counts 2.

All listings

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

  1. 3339 Aldrich Ave N

    $275,000 · 2 units
    Cash flows
    Cash flow $137/mo Cap 7.0% Break-even price $301K Yr 30 vs stocks 2.87× Positive in yr 1

    A recently updated old duplex that cash flows modestly at $275K, so worth pursuing if the foundation and electrical inspection come back clean.

    Priced above what the rents support. Our break-even is about $39K under ask.

  2. 3606 Bryant Ave N

    $264,900 · 2 units
    Overpriced
    Cash flow −$488/mo Cap 4.2% Break-even price $173K Yr 30 vs stocks 0.88× Positive in yr 18

    Cosmetically fresh duplex, but at $264,900 it loses about $488 a month on our numbers, so only a big price cut or much higher real rents makes it work.

    Price is far above what rents support; owner would lose money monthly at asking.

  3. 3247 Aldrich Ave N

    $265,000 · 2 units
    Cash flows
    Cash flow $957/mo Cap 10.7% Break-even price $445K Yr 30 vs stocks 5.65× Positive in yr 1

    Numbers look strong at ask with new boilers and rents below our estimates, but verify the rental license, the attic bedroom and the actual leases before offering.

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

Monthly cash flow

−$500$0$500break-even3339 Aldrich Ave N$1373606 Bryant Ave N−$488

What's changing

Nothing curated for this neighborhood yet.