Minneapolis › Seward

Seward

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
4
Median price per unit
$175K
Typical cash flow
−$1,152
median per month, 20% down
Crime, last 12 months
69 per 1,000
518 incidents · +1% vs. prior year
Renter households
67%
Median gross rent
$986
all unit sizes
Median household income
$59K
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.

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. 2303 22nd Ave S serious flag −$699/mo
  2. 2208 Milwaukee Ave serious flag −$1,529/mo

Best long-term

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

  1. 2303 22nd Ave S serious flag 0.81× stocks
  2. 2208 Milwaukee Ave serious flag 0.59× stocks

Value-add

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

Nothing flagged as value-add.

Proceed with caution

Decent numbers, serious flags.

  1. 2303 22nd Ave S Description gives no rents, lease status or occupancy, so income is unverified.

Needs more info

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

  1. 2316 25th Ave S The city's rental license covers 4 unit(s); this analysis counts 5.
  2. 3101 E 24th St The city's rental license covers 4 unit(s); this analysis counts 5.

All listings

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

  1. 2303 22nd Ave S

    $350,000 · 2 units
    Overpriced
    Cash flow −$699/mo Cap 4.0% Break-even price $219K Yr 30 vs stocks 0.81× Positive in yr 20

    Nice-looking Victorian duplex, but at $350K it loses about $700 a month as a rental, so it only works if you live there.

    Description gives no rents, lease status or occupancy, so income is unverified.

  2. 2208 Milwaukee Ave

    $569,900 · 2 units
    Far off
    Cash flow −$1,529/mo Cap 3.2% Break-even price $283K Yr 30 vs stocks 0.59× Positive in yr 29

    Only works as an owner-occupied buy with proven furnished-rental income; as a pure investment it loses over $1,500 a month at asking.

    The $3,400 income comes from furnished, short-term-style rentals, which are less stable than standard leases and may not fit a rental license.

  3. 2316 25th Ave S

    $799,900 · 5 units
    Overpriced
    Cash flow −$1,304/mo Cap 4.4% Break-even price $555K Yr 30 vs stocks 1.00× Positive in yr 16

    Nicely updated building, but at $799,900 it loses money on our numbers, and the NOI claim and unit count both need proof.

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

  4. 3101 E 24th St

    $875,000 · 5 units
    Overpriced
    Cash flow −$1,000/mo Cap 5.0% Break-even price $687K Yr 30 vs stocks 1.36× Positive in yr 11

    Big 3-bedroom units with parking, but the ask is far above value and the unit count doesn't match the license, so don't offer until the rents and legal count are proven.

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

Monthly cash flow

−$2,000−$1,500−$1,000−$500$0break-even2303 22nd Ave S−$6992208 Milwaukee Ave−$1,529

What's changing

Nothing curated for this neighborhood yet.