Minneapolis › Whittier

Whittier

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
23
Median price per unit
$194K
Typical cash flow
−$883
median per month, 20% down
Crime, last 12 months
76 per 1,000
1,136 incidents · +1% vs. prior year
Renter households
89%
Median gross rent
$1,376
all unit sizes
Median household income
$58K
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 5 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.

Ways to slice it

Best cash flow now

Monthly cash flow at 20% down.

  1. 2644 Garfield Ave serious flag $13/mo
  2. 2015 2nd Ave S serious flag −$167/mo
  3. 2635 Pillsbury Ave S serious flag −$466/mo
  4. 19 W 25th St −$523/mo
  5. 2641 Pillsbury Ave S −$684/mo

+ 13 more in the full list below

Best long-term

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

  1. 2644 Garfield Ave serious flag 2.47× stocks
  2. 2015 2nd Ave S serious flag 2.05× stocks
  3. 2635 Pillsbury Ave S serious flag 1.59× stocks
  4. 19 W 25th St 1.40× stocks
  5. 2017 Grand Ave S serious flag 1.16× stocks

+ 13 more in the full list below

Value-add

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

  1. 19 W 25th St Long time on market: room to negotiate.
  2. 2505 Blaisdell Ave Long time on market: room to negotiate.
  3. 2507 Lyndale Ave S Long time on market: room to negotiate.
  4. 2501 Blaisdell Ave Long time on market: room to negotiate.
  5. 2700 Pillsbury Ave S serious flag The seller bought for $250,000 in May 2013, so they can take a lower offer and still come out well ahead.

+ 5 more in the full list below

Proceed with caution

Decent numbers, serious flags.

  1. 2644 Garfield Ave Price is well above the underwriting break-even, and the seller paid $457K in 2018, so the ask likely anchors to that.
  2. 2015 2nd Ave S No rents, lease terms or expenses given.
  3. 2635 Pillsbury Ave S Studio is nonconforming and not a licensed unit, so it can't be counted as rent
  4. 2700 Pillsbury Ave S Description gives no rents, lease terms, or expenses, so income is unverified.

Needs more info

Left out of the rankings until a data problem is resolved.

  1. 2125 Harriet Ave The city's rental license covers 4 unit(s); this analysis counts 5.
  2. 2317 Garfield Ave The city's rental license covers 1 unit(s); this analysis counts 2.
  3. 2621 2nd Ave S The city's rental license covers 4 unit(s); this analysis counts 5.
  4. 2641 Lyndale Ave S The city's rental license covers 4 unit(s); this analysis counts 5.
  5. 2824 Pillsbury Ave S The city's rental license covers 4 unit(s); this analysis counts 5.

All listings

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

  1. 2644 Garfield Ave

    $337,799 · 2 units
    Cash flows
    Cash flow $13/mo Cap 6.4% Break-even price $340K Yr 30 vs stocks 2.47× Positive in yr 1

    Nice old-house character, and at $337,799 the numbers just about break even, so it only works if the rents are real and you check the basement and licensing.

    Price is well above the underwriting break-even, and the seller paid $457K in 2018, so the ask likely anchors to that.

  2. 19 W 25th St

    $479,900 · 2 units
    Overpriced
    Cash flow −$523/mo Cap 5.1% Break-even price $382K Yr 30 vs stocks 1.40× Positive in yr 10
  3. 2015 2nd Ave S

    $449,900 · 4 units
    Close
    Cash flow −$167/mo Cap 5.9% Break-even price $419K Yr 30 vs stocks 2.05× Positive in yr 4

    Updated exterior and a new boiler are good, but at $449,900 it loses money, and with no rents given you'd be paying for numbers you can't see.

    No rents, lease terms or expenses given. Income can't be checked.

  4. 2635 Pillsbury Ave S

    $520,000 · 2 units
    Close
    Cash flow −$466/mo Cap 5.3% Break-even price $432K Yr 30 vs stocks 1.59× Positive in yr 8

    Pretty and clean, but priced about $88K over where the numbers work, and the studio adds no legal income.

    Studio is nonconforming and not a licensed unit, so it can't be counted as rent

  5. 2505 Blaisdell Ave

    $449,900 · 2 units
    Overpriced
    Cash flow −$835/mo Cap 4.2% Break-even price $293K Yr 30 vs stocks 0.88× Positive in yr 18
  6. 2507 Lyndale Ave S

    $569,900 · 4 units
    Overpriced
    Cash flow −$883/mo Cap 4.5% Break-even price $404K Yr 30 vs stocks 1.04× Positive in yr 15

    A 4-plex with some character, but at $569,900 it loses about $864 a month, and it only starts to work at around $408K.

  7. 2501 Blaisdell Ave

    $425,900 · 1 units
    Far off
    Cash flow −$1,550/mo Cap 2.0% Break-even price $135K Yr 30 vs stocks 0.42× Positive in 30+ yrs
  8. 2700 Pillsbury Ave S

    $734,900 · 3 units
    Overpriced
    Cash flow −$1,396/mo Cap 4.1% Break-even price $473K Yr 30 vs stocks 0.86× Positive in yr 19

    Pretty building, but at $734,900 it loses about $1,400 a month on our numbers, so it only works at a far lower price.

    Description gives no rents, lease terms, or expenses, so income is unverified.

  9. 2641 Pillsbury Ave S

    $299,900 · 2 units
    Far off
    Cash flow −$684/mo Cap 3.6% Break-even price $171K Yr 30 vs stocks 0.69× Positive in yr 25

    Rents are believable, but at $299,900 this loses money every month, so it only works at a much lower price.

  10. 2541 3rd Ave S

    $499,900 · 2 units
    Overpriced
    Cash flow −$990/mo Cap 4.0% Break-even price $314K Yr 30 vs stocks 0.82× Positive in yr 20

    Rents in place look strong, but at $499,900 the numbers lose money each month, so it only works at a much lower price.

  11. 2017 Grand Ave S

    $675,000 · 4 units
    Overpriced
    Cash flow −$941/mo Cap 4.7% Break-even price $498K Yr 30 vs stocks 1.16× Positive in yr 13

    Nice-looking old four-plex in a good area, but at $675K it loses about $940 a month and would need to be near $498K to break even.

    Description gives no rents, occupancy or lease terms, yet calls the building 'turnkey' and 'high-performing'

  12. 2720 Grand Ave S

    $389,000 · 2 units
    Overpriced
    Cash flow −$696/mo Cap 4.2% Break-even price $258K Yr 30 vs stocks 0.91× Positive in yr 17

    Charming and fully rented, but at $389K it loses money in our model and the listing gives no numbers to prove otherwise.

    No rents, lease terms or expenses given. 'Solid returns' is a claim with nothing behind it.

  13. 2542 Garfield Ave

    $349,000 · 2 units
    Far off
    Cash flow −$885/mo Cap 3.3% Break-even price $183K Yr 30 vs stocks 0.62× Positive in yr 29

    Nice location with a new roof and siding, but $349K is nearly double what the rents support, so it only works as an owner-occupant buy or at a much lower price.

    Price is far above what rents support

  14. 2024 Harriet Ave

    $499,000 · 2 units
    Far off
    Cash flow −$1,308/mo Cap 3.2% Break-even price $253K Yr 30 vs stocks 0.60× Positive in yr 29

    Nice old duplex with newer boilers, but at $499K it loses over $1,300 a month on our numbers and the price needs to fall dramatically.

    Description gives no rents, lease status or occupancy, so income is unverified.

  15. 2121 Harriet Ave

    $575,000 · 2 units
    Far off
    Cash flow −$1,848/mo Cap 2.5% Break-even price $228K Yr 30 vs stocks 0.48× Positive in 30+ yrs

    Well-updated, good-looking duplex, but at $575K it loses roughly $1,850 a month on our numbers and needs a much lower price.

    No rents or lease terms given, so income can't be verified

  16. 2732 Pillsbury Ave S

    $585,000 · 2 units
    Far off
    Cash flow −$1,822/mo Cap 2.6% Break-even price $243K Yr 30 vs stocks 0.50× Positive in 30+ yrs

    Nicely refreshed duplex, but at $585K it only works if you live in one unit and accept a big monthly carry.

    Priced for an owner-occupant, not an investor. Rents don't support the price.

  17. 2305 Garfield Ave

    $374,900 · 2 units
    Far off
    Cash flow −$806/mo Cap 3.8% Break-even price $224K Yr 30 vs stocks 0.74× Positive in yr 22

    Charming, well-set-up duplex, but at $374,900 it loses about $806 a month as a rental, so it only works as a house hack or at a much lower price.

    Unusual ownership (land trust, ground lease or co-op): resale price limits or lease terms can cap your upside.

  18. 2021 3rd Ave S

    $565,000 · 1 units
    Far off
    Cash flow −$2,683/mo Cap 0.7% Break-even price $61K Yr 30 vs stocks 0.33× Positive in 30+ yrs

    Pretty building with a price far above what the rents can support, so only look if the seller will come down dramatically.

    County records list one condo unit at $131K value and $2,028 tax, not a 4-unit building. The tax bill after a sale could be much higher, and the parcel setup is unclear.

  19. 2125 Harriet Ave

    $949,900 · 5 units
    Far off
    Cash flow −$2,497/mo Cap 3.2% Break-even price $481K Yr 30 vs stocks 0.60× Positive in yr 29

    Beautifully updated, but at $949.9K it loses about $2,497 a month on our numbers, so only the price or the financing can fix it.

    Needs more info: The city's rental license covers 4 unit(s); this analysis counts 5.

  20. 2317 Garfield Ave

    $396,000 · 2 units
    Overpriced
    Cash flow −$594/mo Cap 4.6% Break-even price $284K Yr 30 vs stocks 1.07× Positive in yr 14

    The creative financing is interesting, but the unit count is unverified, the rents are projections, and at $396K the numbers lose money.

    Needs more info: The city's rental license covers 1 unit(s); this analysis counts 2.

  21. 2621 2nd Ave S

    $550,000 · 5 units
    Cash flows
    Cash flow $865/mo Cap 8.3% Break-even price $712K Yr 30 vs stocks 3.79× Positive in yr 1

    Priced well under the last sale and the numbers look good on paper, but get the real rents and settle the 4-versus-5 unit licensing question before you get excited.

    Needs more info: The city's rental license covers 4 unit(s); this analysis counts 5.

  22. 2641 Lyndale Ave S

    $550,000 · 5 units
    Close
    Cash flow −$193/mo Cap 6.0% Break-even price $514K Yr 30 vs stocks 2.07× Positive in yr 4

    Nicely updated mechanicals, but at $550K it's about $36K over what the rents support and the unit count doesn't add up.

    Needs more info: The city's rental license covers 4 unit(s); this analysis counts 5.

  23. 2824 Pillsbury Ave S

    $610,000 · 5 units
    Overpriced
    Cash flow −$1,092/mo Cap 4.2% Break-even price $405K Yr 30 vs stocks 0.90× Positive in yr 18

    Needs more info: The city's rental license covers 4 unit(s); this analysis counts 5.

Monthly cash flow

−$3,000−$2,500−$2,000−$1,500−$1,000−$500$0$500break-even2644 Garfield Ave$132015 2nd Ave S−$1672635 Pillsbury Ave S−$46619 W 25th St−$5232641 Pillsbury Ave S−$6842720 Grand Ave S−$6962305 Garfield Ave−$8062505 Blaisdell Ave−$8352507 Lyndale Ave S−$8832542 Garfield Ave−$8852017 Grand Ave S−$9412541 3rd Ave S−$9902024 Harriet Ave−$1,3082700 Pillsbury Ave S−$1,3962501 Blaisdell Ave−$1,5502732 Pillsbury Ave S−$1,8222121 Harriet Ave−$1,8482021 3rd Ave S−$2,683

What's changing

Nothing curated for this neighborhood yet.