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Minneapolis › Wenonah

Wenonah

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
1
Median price per unit
$300K
Typical cash flow
−$2,213
median per month, 20% down
Crime, last 12 months
30 per 1,000
133 incidents · −1% vs. prior year
Renter households
33%
Median gross rent
$1,163
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. 5424 32nd Ave S serious flag −$2,213/mo

Best long-term

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

  1. 5424 32nd Ave S serious flag 0.65× stocks

Value-add

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

  1. 5424 32nd Ave S serious flag The seller bought for $130,000 in Jun 2021, so they can take a lower offer and still come out well ahead.

Proceed with caution

Decent numbers, serious flags.

  1. 5424 32nd Ave S Claimed $7,500 total rent is about 50% above our estimate of roughly $4,950 for three units.

All listings

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

  1. 5424 32nd Ave S

    $900,000 · 3 units
    Far off
    Cash flow −$2,213/mo Cap 3.4% Break-even price $484K Yr 30 vs stocks 0.65× Positive in yr 26

    A newer, clean triplex, but $900K is about $416K above break-even and the $7,500 rent claim needs hard proof.

    Claimed $7,500 total rent is about 50% above our estimate of roughly $4,950 for three units. No per-unit rents, lease terms or dates given.

Monthly cash flow

−$2,500−$2,000−$1,500−$1,000−$500$0break-even5424 32nd Ave S−$2,213

What's changing

Nothing curated for this neighborhood yet.