Near - North

Neighborhood profile

Listings we track

7

Median price per unit

$165K

Typical cash flow

$580

median per month, 20% down

Crime, last 12 months

73 per 1,000

497 incidents · +18% vs. prior year

Renter households

53%

Median gross rent

—

all unit sizes

Median household income

$66K

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

+$1,275/mo cash flow

Cash flows · cap 10.2% · 20% down

$399,900

2 units10 bd4 ba3,080 sqft

1111 17th Ave N, Minneapolis

Near - North

Rents: 25 rentals within 3 mi

Duplex New listing

+$600/mo cash flow

Cash flows · cap 8.3% · 20% down

$379,000

2 units9 bd4 ba3,600 sqft

822 Penn Ave N, Minneapolis

Near - North

Rents: 6 rentals within 3 mi

Ways to slice it

Needs more info

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

All listings

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

1. 1111 17th Ave N

   $399,900 · 2 units
   Cash flows
   Cash flow $1,275/mo Cap 10.2% Break-even price $640K Yr 30 vs stocks 5.30× Positive in yr 1

2. 822 Penn Ave N

   $379,000 · 2 units
   Cash flows
   Cash flow $600/mo Cap 8.3% Break-even price $492K Yr 30 vs stocks 3.85× Positive in yr 1

   Priced at a discount to its history and the numbers look workable, but the 9-bedroom claim and the $2,500 lower rent need proof before you trust the income.

3. 1622 Girard Ave N

   $330,000 · 2 units
   Cash flows
   Cash flow $509/mo Cap 8.2% Break-even price $426K Yr 30 vs stocks 3.81× Positive in yr 1

   Positive at the ask, with about $509 a month of cash flow under our numbers, but the listing gives no rents or system details to prove it.

   Description gives no rents, lease status or expenses, so income can't be verified. 'Cash cow' is a claim, not a number.

4. 820 18th Ave N

   $285,000 · 2 units
   Cash flows
   Cash flow $580/mo Cap 8.8% Break-even price $394K Yr 30 vs stocks 4.26× Positive in yr 1

   Clean cosmetic flip priced well above what it sold for in 2022, but about $580/month positive at ask, so it can work if the systems and rents hold up.

   Asking price is far above the 2022 sale price and county value; the numbers don't work at ask

5. 1237 Knox Ave N

   $400,000 · 2 units
   Close
   Cash flow −$68/mo Cap 6.2% Break-even price $387K Yr 30 vs stocks 2.29× Positive in yr 3

   A fresh flip priced about $6K above what the rents support; only worth a look as a house hack or at a slightly lower price.

   Asking price is far above county market value of $324K and above our break-even price.

6. 1227 Morgan Ave N

   $319,900 · 2 units
   Close
   Cash flow −$55/mo Cap 6.2% Break-even price $310K Yr 30 vs stocks 2.28× Positive in yr 3

   Charming, intact duplex, but at $319,900 it loses a little money on our numbers, so it works at a slightly lower price with verified rents.

   No rents, leases or occupancy stated. Income can't be checked and the listing leans on 'cash-flow potential'.

7. 1016 Newton Ave N

   $600,000 · 5 units
   Cash flows
   Cash flow $1,568/mo Cap 9.5% Break-even price $895K Yr 30 vs stocks 4.78× Positive in yr 1

   The numbers look strong on paper, but the rents are unverified and the unit count doesn't match the city license, so check both before getting excited.

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

Monthly cash flow

What's changing

Nothing curated for this neighborhood yet.