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 +9.3/10.0
- 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
$234,900
2219 29th Ave N · Minneapolis, MN 55411
3 bd · 2.0 ba · 1,014 sqft · MultiFamily
public records
· 139 Days on market
Built 1904
1,306 sqft lot
$232/sqft
· 24% above area
Est $300k · 22% under
🖨 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 138 days
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 2 × 3-bed/2.0-bath units multifamily listed at $235k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $936 ($11k/yr) — positive. Per door: $468/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $235k).
- Recommended offer: $207k (12.0% below list) — sets the bar for market timing.
- Cap rate 11.1% 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); 249 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 88d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 80% 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 $66k cash investment doubles in ~6 years — after that, you're playing with house money.
Negotiation context
- It's been on market 139 days — a 12% lower offer ($207k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 32y ago; this cycle's ask has dropped $40k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $7k; list at $235k implies a 3256% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1904 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer
$206,712
(12.0% below list)
Questions for the listing agent
- It's been on market 139 days. Have you received any prior offers? Is the seller open to a 12% 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
- 1.43% ✓
- Cap rate
- 11.07%
- Cash-on-cash
- 17.07%
- DSCR
- 1.76
- GRM
- 5.8
CMA / ARV
- ARV (median comp)
- $299,900
- List price
- $234,900
- Delta
- -21.67%
- Verdict
- UNDERPRICED
- Comps
- 1 within 2.0 mi
Show comp detail 8 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%) | 16mo | $214,500 | $199 | 72 |
| 3020 Queen Ave N | 0.18mi | 2/1.0 (-1) | 956 (-6%) | 18mo | $150,000 | $157 | 58 |
| 3859 Penn Ave N | 1.12mi | 3/1.0 | 980 (-3%) | 8mo | $239,500 | $244 | 49 |
| 1914 Penn Ave N | 0.71mi | 4/1.0 (+1) | 1,066 (+5%) | 2mo | $112,000 | $105 | 48 |
| 4104 Upton Ave N | 1.42mi | 2/1.0 (-1) | 832 (-18%) | 14mo | $245,000 | $294 | 19 |
| 3530 Sheridan Ave N | 0.71mi | 3/1.0 | 1,168 (+15%) | 30mo | $260,000 | $223 | 18 |
| 3123 Dupont Ave N | 0.81mi | 2/1.0 (-1) | 1,200 (+18%) | 22mo | $245,000 | $204 | 13 |
| 2719 N 3rd St | 1.25mi | 2/1.0 (-1) | 816 (-20%) | 35mo | $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
5-year hold
- IRR
- 13.4%
- Equity multiple
- 1.56×
- Total profit
- $36,953
- Equity at exit
- $35,024
10-year hold
- IRR
- 25.4%
- Equity multiple
- 3.71×
- Total profit
- $178,096
- Equity at exit
- $20,310
Cash invested: $65,772 (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
Tenant Opportunity to Purchase; renter's protections.
ZIP-level market 55411
- Home prices YoY
- -8.7%
- Rents YoY
- 7.3%
- Active inventory
- 249
- Price-to-rent
- 11.7×
Monthly cashflow live
↻
- Estimated rent
- $3,352 high interval (Pro) →
- Mortgage (P&I)
- −$1,232
- Tax from tax record
- −$383 /mo · $4,591/yr
- Insurance
- −$98
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$704
- Net cashflow
- $936
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 3 | 2 | $3,352 |
| #1 | 3 | 2 | $1,676 |
| #2 | 3 | 2 | $1,676 |
| Total (2 units) | $3,352 | ||
Break-even live
Break-even rent
$2,168
Max offer price
$234,900
Occupancy floor
67%
Sensitivity live
| Price | -10% $1,069 | -5% $1,002 | +0% $936 | +5% $869 | +10% $803 |
|---|---|---|---|---|---|
| Rent | -10% $671 | -5% $803 | +0% $936 | +5% $1,068 | +10% $1,201 |
| Rate | -1.0pp $1,054 | -0.5pp $995 | base $936 | +0.5pp $875 | +1.0pp $813 |
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
- $58,725
- Closing costs
- $7,047
- 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 |
|---|---|---|---|---|---|---|---|---|
| 2900 Russell Ave N Minneapolis, MN | 4.0 | 2.0 | 1100 | $2,300 | $2.09 | 10d | 1 | 0.08mi |
| 2947 Morgan Ave N Minneapolis, MN | 2.0 | 1.0 | 1106 | $1,950 | $1.76 | 109d | 1 | 0.22mi |
| 2947 Morgan Ave N Minneapolis, MN | 2.0 | 1.0 | 1106 | $1,950 | $1.76 | 95d | 1 | 0.22mi |
| 3022 Thomas Ave N Minneapolis, MN | 4.0 | 1.0 | — | $2,300 | — | 120d | 1 | 0.25mi |
| 3014 N Morgan Ave Unit 1 Minneapolis, MN | 3.0 | 1.0 | — | $1,800 | — | 60d | 1 | 0.27mi |
| 2104 Lowry Ave N Unit 1 Minneapolis, MN | 2.0 | 1.0 | 1130 | $1,475 | $1.31 | 71d | 1 | 0.28mi |
| 3114 Morgan Ave N Minneapolis, MN | 4.0 | 2.0 | 1362 | $2,000 | $1.47 | 110d | 1 | 0.30mi |
| 2323 26th Ave N Minneapolis, MN | 2.0 | 1.0 | 807 | $1,717 | $2.13 | 110d | 3 | 0.32mi |
| 3107 N Upton Ave Unit 1 Minneapolis, MN | 2.0 | 1.0 | 950 | $1,800 | $1.89 | 93d | 1 | 0.33mi |
| 3022 Vincent Ave N Minneapolis, MN | 3.0 | 2.0 | 1832 | $2,210 | $1.21 | 10d | 1 | 0.36mi |
| 3301 Oliver Ave N Minneapolis, MN | 3.0 | 2.0 | — | $1,900 | — | 110d | 1 | 0.37mi |
| 3301 Oliver Ave N Minneapolis, MN | 3.0 | 2.0 | — | $1,800 | — | 93d | 1 | 0.37mi |
| 3318 N Penn Ave Apt 3 Minneapolis, MN | 2.0 | 1.0 | — | $1,100 | — | 120d | 1 | 0.39mi |
| 3311 N Sheridan Ave #2 Minneapolis, MN | 2.0 | 1.0 | 1000 | $1,550 | $1.55 | 44d | 1 | 0.41mi |
| 1918 Hillside Ave N Unit B Minneapolis, MN | 3.0 | 2.5 | 1600 | $2,450 | $1.53 | 10d | 1 | 0.41mi |
| 3334 N Penn Ave Unit 1 Minneapolis, MN | 2.0 | 1.0 | 600 | $1,500 | $2.50 | 10d | 1 | 0.42mi |
| 3255 N Logan Ave Unit 2 Minneapolis, MN | 2.0 | 1.0 | 900 | $895 | $0.99 | 44d | 1 | 0.43mi |
| 3331 Newton Ave N Minneapolis, MN | 3.0 | 1.0 | — | $1,750 | — | 30d | 1 | 0.43mi |
| 2356 N Thomas Ave Unit 2 Minneapolis, MN | 3.0 | 1.0 | 1000 | $1,800 | $1.80 | 139d | 1 | 0.45mi |
| 2324 Logan Ave N Minneapolis, MN | 4.0 | 1.5 | 1400 | $2,300 | $1.64 | 140d | 1 | 0.52mi |
| 2334 Upton Ave N Minneapolis, MN | 4.0 | 1.0 | 1356 | $2,285 | $1.69 | 6d | 1 | 0.52mi |
| 3236 N James Ave Unit 2 Minneapolis, MN | 2.0 | 1.0 | 800 | $1,395 | $1.74 | 84d | 1 | 0.52mi |
| 2703 Humboldt Ave N Minneapolis, MN | 3.0 | 1.0 | 1218 | $1,450 | $1.19 | 117d | 1 | 0.54mi |
| 2649 Humboldt Ave N Minneapolis, MN | 3.0 | 1.0 | — | $1,800 | — | 95d | 1 | 0.55mi |
| 3315 James Ave N Minneapolis, MN | 4.0 | 1.0 | 1400 | $2,100 | $1.50 | 99d | 1 | 0.55mi |
| 2211 Queen Ave N Unit 1 Minneapolis, MN | 3.0 | 1.0 | 983 | $1,695 | $1.72 | 113d | 1 | 0.56mi |
| 3338 Knox Ave N Minneapolis, MN | 3.0 | 1.0 | 1342 | $1,825 | $1.36 | 4d | 1 | 0.56mi |
| 3015 Girard Ave N Minneapolis, MN | 2.0 | 1.0 | 901 | $1,450 | $1.61 | 44d | 1 | 0.59mi |
| 2000 W Broadway Ave Minneapolis, MN | 2.0 | 1.0 | 952 | $1,350 | $1.42 | 0d | 3 | 0.60mi |
| 3241 Humboldt Ave N Minneapolis, MN | 2.0 | 2.0 | — | $1,650 | — | 40d | 1 | 0.60mi |
| 3241 Humboldt Ave N Minneapolis, MN | 2.0 | 1.0 | — | $1,400 | — | 95d | 1 | 0.60mi |
| 3241 Humboldt Ave N Minneapolis, MN | 2.0 | 2.0 | — | $1,650 | — | 43d | 1 | 0.60mi |
| 3105 N Girard Ave Unit 2 Minneapolis, MN | 4.0 | 1.0 | 1250 | $2,300 | $1.84 | 120d | 1 | 0.60mi |
| 2720 Girard Ave N Minneapolis, MN | 4.0 | 2.0 | — | $2,200 | — | 139d | 1 | 0.62mi |
| 2627 Girard Ave N Minneapolis, MN | 3.0 | 1.0 | 1235 | $1,795 | $1.45 | 44d | 1 | 0.62mi |
| 2937 Fremont Ave N Unit 2939 Minneapolis, MN | 3.0 | 1.0 | — | $1,850 | — | 84d | 1 | 0.64mi |
| 2330 N Irving Ave Minneapolis, MN | 2.0 | 1.0 | 1600 | $1,375 | $0.86 | 103d | 1 | 0.66mi |
| 2330 N Irving Ave Minneapolis, MN | 2.0 | 1.0 | 1600 | $1,375 | $0.86 | 87d | 1 | 0.66mi |
| 2330 N Irving Ave Minneapolis, MN | 2.0 | 1.0 | 1600 | $1,375 | $0.86 | 54d | 1 | 0.66mi |
| 2330 N Irving Ave Minneapolis, MN | 2.0 | 1.0 | 1600 | $1,375 | $0.86 | 10d | 1 | 0.66mi |
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
-
2026-09-23days on market $234,900 Active 139 DOM
-
2026-09-22days on market $234,900 Active 138 DOM
-
2026-09-21days on market $234,900 Active 137 DOM
-
2026-09-20days on market $234,900 Active 136 DOM
-
2026-09-19days on market $234,900 Active 135 DOM
-
2026-09-18days on market $234,900 Active 134 DOM
-
2026-09-17days on market $234,900 Active 133 DOM
-
2026-09-16days on market $234,900 Active 132 DOM
-
2026-09-15days on market $234,900 Active 131 DOM
-
2026-09-14days on market $234,900 Active 130 DOM
-
2026-09-13days on market $234,900 Active 129 DOM
-
2026-09-13price $234,900 Active 128 DOM
-
2026-09-12days on market $244,900 Active 128 DOM
-
2026-09-11days on market $244,900 Active 127 DOM
-
2026-09-05days on market $244,900 Active 121 DOM
-
2026-09-04days on market $244,900 Active 120 DOM
-
2026-09-03days on market $244,900 Active 119 DOM
-
2026-08-31days on market $244,900 Active 116 DOM
-
2026-08-30days on market $244,900 Active 115 DOM
-
2026-08-29days on market $244,900 Active 114 DOM
-
2026-08-28days on market $244,900 Active 113 DOM
-
2026-08-27pricedays on market $244,900 Active 112 DOM
-
2026-08-25days on market $249,900 Active 110 DOM
-
2026-08-24days on market $249,900 Active 109 DOM
-
2026-08-23days on market $249,900 Active 108 DOM
-
2026-08-22days on market $249,900 Active 107 DOM
-
2026-08-21days on market $249,900 Active 106 DOM
-
2026-08-20days on market $249,900 Active 105 DOM
-
2026-08-19days on market $249,900 Active 104 DOM
-
2026-08-18days on market $249,900 Active 103 DOM
-
2026-08-17days on market $249,900 Active 102 DOM
-
2026-08-16days on market $249,900 Active 101 DOM
-
2026-08-15days on market $249,900 Active 100 DOM
-
2026-08-14days on market $249,900 Active 99 DOM
-
2026-08-13days on market $249,900 Active 98 DOM
-
2026-08-12days on market $249,900 Active 97 DOM
-
2026-08-11days on market $249,900 Active 96 DOM
-
2026-08-10days on market $249,900 Active 95 DOM
-
2026-08-09days on market $249,900 Active 94 DOM
-
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
ⓘ 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
- $40,224
- − Mortgage interest
- −$13,158
- − Property taxes
- −$4,591
- − Insurance
- −$1,174
- − Repairs & maintenance
- −$3,218
- − Management
- −$3,218
- − Depreciation
- −$6,833
- Taxable income
- $8,031
combined federal + state — saved on this device
- Est. tax owed @ 24.0%
- −$1,927
- After-tax cash flow
- $9,302/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
80/100
Cosmetic rehab
Est. rehab $5,070–$15,210 screening
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.
F
Composite school gradezoned avg 12/100
Zoned Schools
Elementary
Lucy Laney Elementary
F
MN #800/857
Nat'l #37,719/41,679
Middle
Olson Middle
F
MN #246/258
Nat'l #13,057/14,009
High
Wellstone International High
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
B
Composite livability gradescore 78/100
Livability — Minneapolis
- Score
- 78/100
- State rank
- #110
- US rank
- #2525
Category grades
Amenities A+
Commute A+
Cost of living C-
Crime F
Employment A-
Housing A+
Health & safety A+
User ratings D+
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…