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Victory

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
2
Median price per unit
$179K
Typical cash flow
−$507
median per month, 20% down
Crime, last 12 months
33 per 1,000
155 incidents · +15% vs. prior year
Renter households
27%
Median gross rent
$1,881
all unit sizes
Median household income
$95K
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.

Duplex
−$157/mo cash flow
Close · cap 5.8% · 20% down
$339,900
2 units6 bd2 ba2,000 sqft
3824 Thomas Ave N, Minneapolis
Victory
Rents: RentCast comps

Ways to slice it

Best cash flow now

Monthly cash flow at 20% down.

  1. 3824 Thomas Ave N −$157/mo
  2. 4255 Thomas Ave N serious flag −$857/mo

Best long-term

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

  1. 3824 Thomas Ave N 1.97× stocks
  2. 4255 Thomas Ave N serious flag 0.69× stocks

Value-add

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

  1. 3824 Thomas Ave N The seller bought for $100 in Apr 2002, so they can take a lower offer and still come out well ahead.
  2. 4255 Thomas Ave N serious flag Long time on market: room to negotiate.

Proceed with caution

Decent numbers, serious flags.

Nothing here right now.

All listings

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

  1. 3824 Thomas Ave N

    $339,900 · 2 units
    Close
    Cash flow −$157/mo Cap 5.8% Break-even price $310K Yr 30 vs stocks 1.97× Positive in yr 5

    A basic, tidy 1965 duplex that loses money at $339,900; it only makes sense near $310K or as an owner-occupant purchase.

  2. 4255 Thomas Ave N

    $374,900 · 2 units
    Far off
    Cash flow −$857/mo Cap 3.6% Break-even price $214K Yr 30 vs stocks 0.69× Positive in yr 24

    A duplex priced like a fourplex, with the extra units unlicensed and utilities bundled, so value it as a duplex at roughly $214K or walk.

    Marketed as 4 units but only 2 are licensed and zoned as a duplex. Income from the other two units could be shut down by the city.

Monthly cash flow

−$1,000−$500$0break-even3824 Thomas Ave N−$1574255 Thomas Ave N−$857

What's changing

Nothing curated for this neighborhood yet.