South Uptown

Neighborhood profile

Listings we track

7

Median price per unit

$250K

Typical cash flow

−$1,135

median per month, 20% down

Crime, last 12 months

57 per 1,000

337 incidents · −13% vs. prior year

Renter households

69%

Median gross rent

$1,337

all unit sizes

Median household income

$72K

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.

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

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. 3040 Fremont Ave S

   $424,900 · 2 units
   Overpriced
   Cash flow −$703/mo Cap 4.4% Break-even price $293K Yr 30 vs stocks 0.99× Positive in yr 16

   Pretty and walkable, but at $424,900 it loses money every month and is priced about $130K over break-even.

   Description blends two buildings and doesn't give unit-level rents or leases, so income can't be verified.

2. 3429 Aldrich Ave S

   $349,900 · 2 units
   Overpriced
   Cash flow −$660/mo Cap 4.1% Break-even price $226K Yr 30 vs stocks 0.85× Positive in yr 19

   Nicely finished, but at $349,900 it loses about $640 a month; this only works at a much lower price, if the permits and tax issues check out.

   Property taxes have been delinquent since 2024. Expect penalties and a payoff at closing; ask why.

3. 3044 Fremont Ave S

   $499,900 · 2 units
   Far off
   Cash flow −$1,135/mo Cap 3.7% Break-even price $287K Yr 30 vs stocks 0.71× Positive in yr 23

   Nicely refreshed Uptown duplex, but at $499,900 it loses money every month and only works at a much lower price.

   No rents, lease terms or expenses given for this property

4. 3524 Lyndale Ave S

   $795,000 · 2 units
   Far off
   Cash flow −$3,033/mo Cap 1.8% Break-even price $225K Yr 30 vs stocks 0.41× Positive in 30+ yrs

   Beautiful renovation, but at $795K it loses thousands a month at our rents, so it only works at a far lower price.

   Price far above county value and the rents these units can support

5. 3504 Lyndale Ave S

   $675,000 · 2 units
   Far off
   Cash flow −$1,911/mo Cap 3.0% Break-even price $316K Yr 30 vs stocks 0.56× Positive in yr 30

   Nicely rebuilt, but at $675K the rents cover only a fraction of the cost, so this works as a live-in purchase and not as an investment.

   Price is far above what the rents support

6. 3126 Emerson Ave S

   $569,000 · 2 units
   Far off
   Cash flow −$1,305/mo Cap 3.6% Break-even price $324K Yr 30 vs stocks 0.71× Positive in yr 23

   Little information and a one-unit rental license on a 324-day listing at $569K that loses about $1,305/month on estimated rents: get the rent roll and licensing sorted before spending time on it.

   Rental license shows 1 unit, not 2. Confirm the second unit is legal to rent.

7. 3012 Bryant Ave S

   $599,000 · 5 units
   Cash flows
   Cash flow $554/mo Cap 7.5% Break-even price $703K Yr 30 vs stocks 3.23× Positive in yr 1

   Well-located Uptown building with a unit-count mismatch and no rent data, so verify the license and rent roll before trusting the 7.5% cap.

   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.