Menu
Minneapolis › Sheridan

Sheridan

Minneapolis neighborhood. Every 2–4 unit listing here, run through the same numbers at 20% down and 7%.

Compare with other neighborhoods →

Neighborhood profile

Listings we track
2
Median price per unit
$188K
Typical cash flow
−$397
median per month, 20% down
Crime, last 12 months
48 per 1,000
160 incidents · −4% vs. prior year
Renter households
68%
Median gross rent
$1,669
all unit sizes
Median household income
$79K
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. 1300 Grand St NE serious flag $371/mo
  2. 1222 Washington St NE serious flag −$1,166/mo

Best long-term

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

  1. 1300 Grand St NE serious flag 3.12× stocks
  2. 1222 Washington St NE serious flag 0.56× stocks

Value-add

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

  1. 1300 Grand St NE serious flag Long time on market: room to negotiate.

Proceed with caution

Decent numbers, serious flags.

  1. 1300 Grand St NE Ask is far above the last sale and county value

All listings

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

  1. 1300 Grand St NE

    $500,000 · 3 units
    Cash flows
    Cash flow $371/mo Cap 7.3% Break-even price $570K Yr 30 vs stocks 3.12× Positive in yr 1

    Pretty and mostly updated, and $500K is below break-even on our rent estimates, so it can work if the rents prove out.

    Ask is far above the last sale and county value

  2. 1222 Washington St NE

    $419,000 · 2 units
    Far off
    Cash flow −$1,166/mo Cap 3.0% Break-even price $200K Yr 30 vs stocks 0.56× Positive in 30+ yrs

    Nice location and a solid duplex layout, but at $419K it loses over $1,100 a month on our numbers and needs a large price cut.

    Priced far above what the rents support, and above the 2009 sale price. Break-even is about half the ask.

Monthly cash flow

−$1,500−$1,000−$500$0$500break-even1300 Grand St NE$3711222 Washington St NE−$1,166

What's changing

Nothing curated for this neighborhood yet.