Standish
Minneapolis neighborhood. Every 2–4 unit listing here, run through the same numbers at 20% down and 7%.
Neighborhood profile
- Listings we track
- 5
- Median price per unit
- $220K
- Typical cash flow
- −$989 median per month, 20% down
- Crime, last 12 months
- 40 per 1,000 276 incidents · −1% vs. prior year
- Renter households
- 18%
- Median gross rent
- $1,455 all unit sizes
- Median household income
- $96K
- 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.
- 3847 Cedar Ave S serious flag −$895/mo
- 3829 28th Ave S serious flag −$989/mo
- 3622 Longfellow Ave serious flag −$1,128/mo
- 3852 Standish Ave serious flag −$1,254/mo
Best long-term
Year-30 wealth vs. the same money in stocks.
- 3847 Cedar Ave S serious flag 0.81× stocks
- 3622 Longfellow Ave serious flag 0.70× stocks
- 3852 Standish Ave serious flag 0.69× stocks
- 3829 28th Ave S serious flag 0.60× stocks
Value-add
Under-rented, needs work, or room to negotiate.
- 3847 Cedar Ave S serious flag The seller bought for $200,000 in Jul 2007, so they can take a lower offer and still come out well ahead.
- 3829 28th Ave S serious flag The seller bought for $59,500 in Dec 2002, so they can take a lower offer and still come out well ahead.
Proceed with caution
Decent numbers, serious flags.
- 3847 Cedar Ave S Description pitches owner-occupants and investors with no rents or occupancy given, so income is unverified
- 3829 28th Ave S No rents, lease dates or expenses are given, so income can't be verified.
Needs more info
Left out of the rankings until a data problem is resolved.
- 3809 28th Ave S The city's rental license covers 4 unit(s); this analysis counts 5.
All listings
5 listings. Filter by price or units, or switch the down payment.
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Overpriced
3847 Cedar Ave S
$439,900 · 2 unitsCash flow −$895/mo Cap 3.9% Break-even price $272K Yr 30 vs stocks 0.81× Positive in yr 20Updated systems are nice, but at $439,900 the rents can't carry it; this only works at a price far closer to $272K.
Description pitches owner-occupants and investors with no rents or occupancy given, so income is unverified
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Far off
3829 28th Ave S
$374,990 · 2 unitsCash flow −$989/mo Cap 3.2% Break-even price $189K Yr 30 vs stocks 0.60× Positive in yr 29Charming 1920s side-by-side, but at $375K it loses roughly $1,000 a month in our model, so it only works at a much lower price or with strong verified rents.
No rents, lease dates or expenses are given, so income can't be verified.
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Far off
3852 Standish Ave
$529,900 · 2 unitsCash flow −$1,254/mo Cap 3.5% Break-even price $294K Yr 30 vs stocks 0.69× Positive in yr 24At $529,900 this small duplex loses about $1,250 a month on our numbers, so it only works at a far lower price.
Seller paid $452,500 in Aug 2023 and now asks $529,900, while the county values the property at $369,300. The ask is far above what the property supports.
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Far off
3622 Longfellow Ave
$489,900 · 2 unitsCash flow −$1,128/mo Cap 3.6% Break-even price $278K Yr 30 vs stocks 0.70× Positive in yr 24Nice-looking updated duplex, but at $489,900 it loses about $1,100 a month, so it only works with a big price cut or rents far above our estimates.
No rents, lease terms or expenses given for an investor pitch
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Overpriced
3809 28th Ave S
$614,990 · 5 unitsCash flow −$670/mo Cap 5.1% Break-even price $489K Yr 30 vs stocks 1.39× Positive in yr 10Pretty, well-kept building, but at $615K it loses about $670 a month and needs a price near $490K to make sense.
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.