Duplex
2219 29th Ave N · Minneapolis, MN
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $888 – $1,650
Heat risk 2/10 · Minimal
- Hot days now (above 99°F)
- 7 days/yr
- Hot days in 30 yrs
- 14 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B+ grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- ARV discount +15.0/15.0
- DSCR +10.0/10.0
- 1% rule +9.6/10.0
- Rent growth +4.3/5.0
- Condition / age +4.0/5.0
- Livability +3.9/5.0
- Schools +1.2/10.0
- Appreciation +0.0/10.0
$249,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Fully remodeled up/down duplex offering a great opportunity for owner-occupants or investors alike. The main level unit features beautiful hardwood floors, charming built-ins, white shaker cabinetry, quartz countertops, stainless steel appliances, spacious bedroom, and a full bath. The upper level unit offers additional hardwood flooring, 2 bedrooms, and an updated full bath with a tiled shower surround. Separate utilities for each unit provide added convenience and flexibility. Convenient Minneapolis location with easy access to parks, shopping, dining, and commuter routes.
Key facts
- 1,306 sq ft lot
- Built 1904
- Listed 92 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2 × 3-bed/2.0-bath units multifamily listed at $250k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $1k ($13k/yr) — positive. Per door: $540/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($4k rent vs $250k).
- Recommended offer: $227k (9.0% below list) — sets the bar for market timing.
- Cap rate 11.5% vs local median 3.2% in Minneapolis — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 78/100 on livability (#110 in MN, #2,525 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, housing A+; Watch: cost of living C-, crime F.
- Minneapolis Public School District (urban): math 35% / reading 46% proficiency, ranked #217 of 301 in MN (top 72%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Lucy Laney Elementary (math 8% / reading 17%, grade F, #800 of 857 statewide, top 95%, 339 students, 89% FRL); Franklin Middle (math 2% / reading 8%, grade F, #255 of 258 statewide, top 100%, 287 students, 89% FRL); Henry High (reading 70%, 858 students, 80% FRL) — zoned schools average 86% FRL vs 58% district-wide (28 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 9% at this address vs 40% district-wide (-32 pts) — the specific schools serving this property underperform the Minneapolis Public School District average; the district grade overstates school quality for this exact location.
- Market conditions: Rents rising fast (+7.3%/yr); 194 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 49d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 78% of comp listings sitting > 30 days — soft ceiling on asking rent; 4,651 units permitted in Hennepin County in 2024 (2,443 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
- Hennepin County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (-3.0% appreciation + 7.3% rent growth), your $70k cash investment doubles in ~6 years — after that, you're playing with house money.
Negotiation context
- It's been on market 93 days — a 9% lower offer ($227k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 32y ago; this cycle's ask has dropped $25k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $7k; list at $250k implies a 3470% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1904 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 93 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Built in 1904 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.46% ✓
- Cap rate
- 11.48%
- Cash-on-cash
- 18.52%
- DSCR
- 1.82
- GRM
- 5.7
CMA / ARV
- ARV (median comp)
- $299,900
- List price
- $249,900
- Delta
- -16.67%
- Verdict
- UNDERPRICED
- Comps
- 1 within 2.0 mi
Show comp detail 9 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2806 Penn Ave N | 0.07mi | 3/2.0 | 1,080 (+6%) | 15mo | $214,500 | $199 | 74 |
| 3020 Queen Ave N | 0.18mi | 2/1.0 (-1) | 956 (-6%) | 16mo | $150,000 | $157 | 59 |
| 3859 Penn Ave N | 1.12mi | 3/1.0 | 980 (-3%) | 6mo | $239,500 | $244 | 50 |
| 1914 Penn Ave N | 0.71mi | 4/1.0 (+1) | 1,066 (+5%) | 0mo | $112,000 | $105 | 49 |
| 3110 Irving Ave N | 0.53mi | 3/2.0 | 1,248 (+23%) | 36mo | $262,500 | $210 | 30 |
| 4104 Upton Ave N | 1.42mi | 2/1.0 (-1) | 832 (-18%) | 13mo | $245,000 | $294 | 20 |
| 3530 Sheridan Ave N | 0.71mi | 3/1.0 | 1,168 (+15%) | 28mo | $260,000 | $223 | 18 |
| 3123 Dupont Ave N | 0.81mi | 2/1.0 (-1) | 1,200 (+18%) | 20mo | $245,000 | $204 | 14 |
| 2719 N 3rd St | 1.25mi | 2/1.0 (-1) | 816 (-20%) | 34mo | $184,900 | $227 | 11 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 7.35% rent growth · sell at horizon
- IRR
- 15.2%
- Equity multiple
- 1.64×
- Total profit
- $45,023
- Equity at exit
- $37,261
- IRR
- 27.0%
- Equity multiple
- 3.90×
- Total profit
- $202,867
- Equity at exit
- $21,607
Cash invested: $69,972 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (CITY)
- 34 Tenant-Leaning
- State Minnesota
- 46 Balanced · D+2
- County
- — inherits STATE
- City Minneapolis
- 34 Tenant-Leaning · D+50
ZIP-level market 55411
- Home prices YoY
- -8.7%
- Rents YoY
- 7.3%
- Active inventory
- 194
- Price-to-rent
- 11.4×
Monthly cashflow live
- Estimated rent
- $3,642 high interval (Pro) →
- Mortgage (P&I)
- −$1,311
- Tax from tax record
- −$383 /mo · $4,591/yr
- Insurance
- −$104
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$765
- Net cashflow
- $1,080
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 3 | 2 | $3,642 |
| #1 | 3 | 2 | $1,821 |
| #2 | 3 | 2 | $1,821 |
| Total (2 units) | $3,642 | ||
Break-even live
Sensitivity live
| Price | -10% $1,221 | -5% $1,151 | +0% $1,080 | +5% $1,009 | +10% $938 |
|---|---|---|---|---|---|
| Rent | -10% $792 | -5% $936 | +0% $1,080 | +5% $1,224 | +10% $1,368 |
| Rate | -1.0pp $1,206 | -0.5pp $1,143 | base $1,080 | +0.5pp $1,015 | +1.0pp $949 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $62,475
- Closing costs
- $7,497
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2947 Morgan Ave N Minneapolis, MN | 2.0 | 1.0 | 1106 | $1,950 | $1.76 | 63d | 1 | 0.22mi |
| 2947 Morgan Ave N Minneapolis, MN | 2.0 | 1.0 | 1106 | $1,950 | $1.76 | 48d | 1 | 0.22mi |
| 3022 Thomas Ave N Minneapolis, MN | 4.0 | 1.0 | — | $2,300 | — | 73d | 1 | 0.25mi |
| 3014 N Morgan Ave Unit 1 Minneapolis, MN | 3.0 | 1.0 | — | $1,800 | — | 14d | 1 | 0.27mi |
| 2104 Lowry Ave N Unit 1 Minneapolis, MN | 2.0 | 1.0 | 1130 | $1,475 | $1.31 | 25d | 1 | 0.28mi |
| 3114 Morgan Ave N Minneapolis, MN | 4.0 | 2.0 | 1362 | $2,000 | $1.47 | 63d | 1 | 0.30mi |
| 2323 26th Ave N Minneapolis, MN | 2.0 | 1.0 | 807 | $1,717 | $2.13 | 64d | 3 | 0.32mi |
| 3107 N Upton Ave Unit 1 Minneapolis, MN | 2.0 | 1.0 | 950 | $1,800 | $1.89 | 46d | 1 | 0.33mi |
| 3301 Oliver Ave N Minneapolis, MN | 3.0 | 2.0 | — | $1,900 | — | 63d | 1 | 0.37mi |
| 3301 Oliver Ave N Minneapolis, MN | 3.0 | 2.0 | — | $1,800 | — | 46d | 1 | 0.37mi |
| 3318 N Penn Ave Apt 3 Minneapolis, MN | 2.0 | 1.0 | — | $1,100 | — | 73d | 1 | 0.39mi |
| 2356 N Thomas Ave Unit 2 Minneapolis, MN | 3.0 | 1.0 | 1000 | $1,800 | $1.80 | 93d | 1 | 0.45mi |
| 2324 Logan Ave N Minneapolis, MN | 4.0 | 1.5 | 1400 | $2,300 | $1.64 | 93d | 1 | 0.52mi |
| 3236 N James Ave Unit 2 Minneapolis, MN | 2.0 | 1.0 | 800 | $1,395 | $1.74 | 38d | 1 | 0.52mi |
| 2703 Humboldt Ave N Minneapolis, MN | 3.0 | 1.0 | 1218 | $1,450 | $1.19 | 71d | 1 | 0.54mi |
| 2649 Humboldt Ave N Minneapolis, MN | 3.0 | 1.0 | — | $1,800 | — | 48d | 1 | 0.55mi |
| 3315 James Ave N Minneapolis, MN | 4.0 | 1.0 | 1400 | $2,100 | $1.50 | 53d | 1 | 0.55mi |
| 2211 Queen Ave N Unit 1 Minneapolis, MN | 3.0 | 1.0 | 983 | $1,695 | $1.72 | 67d | 1 | 0.56mi |
| 2000 W Broadway Ave Minneapolis, MN | 2.0 | 1.0 | 902 | $1,350 | $1.50 | 8d | 2 | 0.60mi |
| 3241 Humboldt Ave N Minneapolis, MN | 2.0 | 1.0 | — | $1,400 | — | 48d | 1 | 0.60mi |
| 3105 N Girard Ave Unit 2 Minneapolis, MN | 4.0 | 1.0 | 1250 | $2,300 | $1.84 | 73d | 1 | 0.60mi |
| 2720 Girard Ave N Minneapolis, MN | 4.0 | 2.0 | — | $2,200 | — | 93d | 1 | 0.62mi |
| 2937 Fremont Ave N Unit 2939 Minneapolis, MN | 3.0 | 1.0 | — | $1,850 | — | 38d | 1 | 0.64mi |
| 2330 N Irving Ave Minneapolis, MN | 2.0 | 1.0 | 1600 | $1,375 | $0.86 | 57d | 1 | 0.66mi |
| 2330 N Irving Ave Minneapolis, MN | 2.0 | 1.0 | 1600 | $1,375 | $0.86 | 8d | 1 | 0.66mi |
| 2330 N Irving Ave Minneapolis, MN | 2.0 | 1.0 | 1600 | $1,375 | $0.86 | 41d | 1 | 0.66mi |
| 2006 N Penn Ave Unit 2 Minneapolis, MN | 2.0 | 1.0 | — | $1,300 | — | 73d | 1 | 0.69mi |
| 2006 N Penn Ave Unit 1 Minneapolis, MN | 2.0 | 1.0 | — | $1,225 | — | 42d | 1 | 0.69mi |
| 1510 N 22nd Ave #1 Minneapolis, MN | 3.0 | 1.0 | 1500 | $1,670 | $1.11 | 35d | 1 | 0.72mi |
| 1510 N 22nd Ave #1 Minneapolis, MN | 3.0 | 1.0 | 1500 | $1,875 | $1.25 | 71d | 1 | 0.72mi |
| 1523 22nd Ave N Minneapolis, MN | 3.0 | 1.0 | 943 | $1,695 | $1.80 | 64d | 1 | 0.73mi |
| 1523 N 22nd Ave Unit 2 Minneapolis, MN | 3.0 | 1.0 | 943 | $1,695 | $1.80 | 42d | 1 | 0.73mi |
| 1914 Russell Ave N Minneapolis, MN | 3.0 | 1.0 | — | $1,875 | — | 18d | 1 | 0.74mi |
| 2620 N Emerson Ave Unit 1 Minneapolis, MN | 3.0 | 1.0 | 877 | $1,900 | $2.17 | 34d | 1 | 0.76mi |
| 2620 N Emerson Ave Unit 1 Minneapolis, MN | 3.0 | 1.0 | 877 | $1,900 | $2.17 | 21d | 1 | 0.76mi |
| 2620 Emerson Ave N Unit 2 Minneapolis, MN | 3.0 | 1.0 | — | $1,900 | — | 17d | 1 | 0.77mi |
| 2620 Emerson Ave N Minneapolis, MN | 3.0 | 1.0 | — | $1,900 | — | 26d | 1 | 0.77mi |
| 2620 Emerson Ave N Unit 2 Minneapolis, MN | 3.0 | 1.0 | — | $1,900 | — | 73d | 1 | 0.77mi |
| 2620 Emerson Ave N Minneapolis, MN | 3.0 | 1.0 | 877 | $1,900 | $2.17 | 10d | 1 | 0.77mi |
| 2620 Emerson Ave N Minneapolis, MN | 3.0 | 1.0 | 877 | $1,900 | $2.17 | 48d | 1 | 0.77mi |
Property features AI
Finance
- Other
- Neighborhood number 36Directions: Penn to 29th and west to home
- Financial info
- Owner-occupied: NoTotal units: 2Unit 1: 1 bedroom, 1 bathroom, about 1,014 unit areaUnit 2: 2 bedrooms, 1 bathroom, about 749 unit areaAbove-grade finished area approximately 1,599Below-grade area approximately 587Building total area approximately 2,186Living area approximately 1,599
- HOA & community
- No HOA information provided
Exterior
- Parking
- No parking details provided
- Security
- No security details provided
- Utilities
- City water connectedCity sewer connectedElectric and natural gas available
- Home design
- Residential income property (duplex, up-and-down)Two levels
- Construction
- Block foundationFoundation area approximately 507
- Exterior features
- Metal sidingVinyl sidingLot roughly 35 x 40 (0.03 acres)
Interior
- Kitchen
- No specific kitchen appliance details provided
- Bedrooms
- 3 bedrooms total
- Flooring
- No flooring details provided
- Bathrooms
- 2 full bathrooms (one in each unit)
- Heating & cooling
- Baseboard heatingForced air heating
- Interior features
- Unfinished basementBlock foundation
- Laundry & utility
- No specific laundry/utility details provided
Listing history 50 events
-
2026-08-08days on market $249,900 Active 93 DOM
-
2026-08-06days on market $249,900 Active 91 DOM
-
2026-08-05days on market $249,900 Active 90 DOM
-
2026-08-04days on market $249,900 Active 89 DOM
-
2026-08-03days on market $249,900 Active 88 DOM
-
2026-07-31days on market $249,900 Active 85 DOM
-
2026-07-30days on market $249,900 Active 83 DOM
-
2026-07-28days on market $249,900 Active 82 DOM
-
2026-07-26days on market $249,900 Active 80 DOM
-
2026-07-24days on market $249,900 Active 78 DOM
-
2026-07-23days on market $249,900 Active 77 DOM
-
2026-07-22pricedays on market $249,900 Active 76 DOM
-
2026-07-21days on market $259,900 Active 75 DOM
-
2026-07-20days on market $259,900 Active 74 DOM
-
2026-07-18days on market $259,900 Active 72 DOM
-
2026-07-18days on market $259,900 Active 71 DOM
-
2026-07-16days on market $259,900 Active 70 DOM
-
2026-07-15days on market $259,900 Active 69 DOM
-
2026-07-14days on market $259,900 Active 68 DOM
-
2026-07-13days on market $259,900 Active 67 DOM
-
2026-07-13days on market $259,900 Active 66 DOM
-
2026-07-11days on market $259,900 Active 65 DOM
-
2026-07-10days on market $259,900 Active 64 DOM
-
2026-07-09days on market $259,900 Active 63 DOM
-
2026-07-07days on market $259,900 Active 61 DOM
-
2026-07-06days on market $259,900 Active 60 DOM
-
2026-07-06days on market $259,900 Active 59 DOM
-
2026-07-05days on market $259,900 Active 58 DOM
-
2026-07-03days on market $259,900 Active 57 DOM
-
2026-07-02days on market $259,900 Active 56 DOM
-
2026-07-01days on market $259,900 Active 55 DOM
-
2026-06-30days on market $259,900 Active 54 DOM
-
2026-06-29days on market $259,900 Active 53 DOM
-
2026-06-28days on market $259,900 Active 52 DOM
-
2026-06-27pricedays on market $259,900 Active 51 DOM
-
2026-06-26days on market $269,900 Active 50 DOM
-
2026-06-24days on market $269,900 Active 48 DOM
-
2026-06-22days on market $269,900 Active 46 DOM
-
2026-06-21days on market $269,900 Active 45 DOM
-
2026-06-18days on market $269,900 Active 42 DOM
-
2026-06-17days on market $269,900 Active 41 DOM
-
2026-06-16days on market $269,900 Active 40 DOM
-
2026-06-15days on market $269,900 Active 39 DOM
-
2026-06-13pricedays on market $269,900 Active 37 DOM
-
2026-06-09days on market $274,900 Active 33 DOM
-
2026-06-08days on market $274,900 Active 32 DOM
-
2026-06-07days on market $274,900 Active 31 DOM
-
2026-06-04days on market $274,900 Active 28 DOM
-
2026-06-03days on market $274,900 Active 27 DOM
-
2026-06-02days on market $274,900 Active 26 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast MN · Partial reset (capped growth)
- Current annual tax
- $4,591 · $383/mo
- Projected year-2 tax
- $4,591 · $383/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 2/10 Low 7 d/yr ≥99°F today · 14 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $43,704
- − Mortgage interest
- −$13,998
- − Property taxes
- −$4,591
- − Insurance
- −$1,250
- − Repairs & maintenance
- −$3,496
- − Management
- −$3,496
- − Depreciation
- −$7,270
- Taxable income
- $9,602
- Est. tax owed @ 24.0%
- −$2,305
- After-tax cash flow
- $10,655/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 9 photos
A fully remodeled, move-in-ready duplex with good condition and fresh updates.
Value-add opportunities
- Both Landscaping — Enhances curb appeal and adds value ↑
- Both Painting exterior — Fresh paint improves curb appeal and value ↑
- Both Landscaping and exterior maintenance — Maintains and enhances curb appeal and value ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Minneapolis Public School District
- NCES district ID
- 2721240
- Math proficiency
- 35% ▼ -7.00%
- Reading proficiency
- 46% ▼ -1.00%
- Median HH income
- $50,521
- Composite
- 34.92/100
- National rank
- #5067
- State rank
- #217 of 301 in MN
Livability — Minneapolis
- Score
- 78/100
- State rank
- #110
- US rank
- #2525
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Minneapolis, MN
- County
- Hennepin County · 1,405,227 people
- City population
- 417,555
- Metro
- Minneapolis-St. Paul-Bloomington, MN-WI
- Population (ZIP)
- 27,741
- Household income
- $60,225
- Rent vs Own
- Severe rent burden
- 19% of renters
Population outlook (Hennepin County) Hauer SSP2
- Today (2025)
- 1,405,227 people
- By 2030
- 1,492,650 · +6.2%
- By 2040
- 1,660,157 · +18.1%
- By 2050
- 1,823,498 · +29.8%
- By 2075
- 2,221,283 · +58.1%
- By 2100
- 2,509,976 · +78.6%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.68)
- Race & ethnicity
- Black 49% White 23% Two or more races 11% Hispanic / Latino 11% Asian 9%
- Hispanic origin (detail)
- Mexican 7% Puerto Rican 1%
- Common ancestry
- Portuguese 3% Lithuanian 2% Italian 1%
- Foreign-born
- 19% · Canada, Guatemala
- Languages at home
- 68% English-only · Other Asian/Pacific 8% Spanish 8%
Political lean MEDSL · Hennepin
- 2024 margin
- Solid D (+42.6) · D 70.2% · R 27.5% · Other 2.3%
- 2008→2024 swing
- +14.0pp toward D · 2008: 28.6pp · 2024: 42.6pp
- All cycles
- 2024: D+42.6 2020: D+43.2 2016: D+35.3 2012: D+27.1 2008: D+28.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -33.91%
- Current HPI
- 356.6758
- Rent YoY
- ▲ 7.35%
- Metro
- Minneapolis-St. Paul-Bloomington, MN-WI
- State GDP YoY
- ▲ 2.41%
- F500 in state
- 34
Industry mix (Fortune 500 HQ in MN)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Healthcare | 2 | $407B |
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| Retail | 2 | $150B |
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| Consumer Goods | 2 | $32B |
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| Industrial Machinery | 2 | $6B |
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| Agriculture | 1 | $40B |
|
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| Healthcare / Medical Devices | 1 | $32B |
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Price history
+1256.3% since first listed8 events — show timeline
- 2026-06-12 Price Changed $269,900 NORTHSTARMLS as Distributed by MLS Grid
- 2026-05-08 Listed $274,900 NORTHSTARMLS as Distributed by MLS Grid
- 2026-05-07 Coming Soon $274,900 NORTHSTARMLS as Distributed by MLS Grid
- 2014-02-11 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
- 2013-09-07 Listed $80,000 NORTHSTARMLS as Distributed by MLS Grid
- 1994-06-22 Sold (MLS) $7,000 NORTHSTARMLS as Distributed by MLS Grid
- 1994-06-21 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
- 1994-05-09 Listed $19,900 NORTHSTARMLS as Distributed by MLS Grid
Property tax history
+0.4%/yrLatest (2025): $4,591 · +146.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…