Minneapolis › Standish

Standish

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
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.

  1. 3847 Cedar Ave S serious flag −$895/mo
  2. 3829 28th Ave S serious flag −$989/mo
  3. 3622 Longfellow Ave serious flag −$1,128/mo
  4. 3852 Standish Ave serious flag −$1,254/mo

Best long-term

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

  1. 3847 Cedar Ave S serious flag 0.81× stocks
  2. 3622 Longfellow Ave serious flag 0.70× stocks
  3. 3852 Standish Ave serious flag 0.69× stocks
  4. 3829 28th Ave S serious flag 0.60× stocks

Value-add

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

  1. 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.
  2. 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.

  1. 3847 Cedar Ave S Description pitches owner-occupants and investors with no rents or occupancy given, so income is unverified
  2. 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.

  1. 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.

  1. 3847 Cedar Ave S

    $439,900 · 2 units
    Overpriced
    Cash flow −$895/mo Cap 3.9% Break-even price $272K Yr 30 vs stocks 0.81× Positive in yr 20

    Updated 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

  2. 3829 28th Ave S

    $374,990 · 2 units
    Far off
    Cash flow −$989/mo Cap 3.2% Break-even price $189K Yr 30 vs stocks 0.60× Positive in yr 29

    Charming 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.

  3. 3852 Standish Ave

    $529,900 · 2 units
    Far off
    Cash flow −$1,254/mo Cap 3.5% Break-even price $294K Yr 30 vs stocks 0.69× Positive in yr 24

    At $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.

  4. 3622 Longfellow Ave

    $489,900 · 2 units
    Far off
    Cash flow −$1,128/mo Cap 3.6% Break-even price $278K Yr 30 vs stocks 0.70× Positive in yr 24

    Nice-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

  5. 3809 28th Ave S

    $614,990 · 5 units
    Overpriced
    Cash flow −$670/mo Cap 5.1% Break-even price $489K Yr 30 vs stocks 1.39× Positive in yr 10

    Pretty, 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

−$1,500−$1,000−$500$0break-even3847 Cedar Ave S−$8953829 28th Ave S−$9893622 Longfellow Ave−$1,1283852 Standish Ave−$1,254

What's changing

Nothing curated for this neighborhood yet.