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433 S 7th St #1801
C Composite 58.97
Why this score? — see what drove the C 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 +15.0/30.0
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +4.6/10.0
  • Livability +3.9/5.0
  • Schools +3.5/10.0
  • Rent growth +3.2/5.0
  • Condition / age +2.5/5.0
  • Appreciation +1.4/10.0

$184,900

433 S 7th St #1801 · Minneapolis, MN 55415
2 bd · 2.0 ba · 1,115 sqft · Condo public records · 62 Days on market
Built 1985 $166/sqft · 48% below area Est $358k · 48% under $1135/mo HOA · 36% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Beautiful corner unit with an AMAZING view.Building amenities on the 15th floor include outdoor pool, large spacious decks with grills, party / game room, hot tub, sauna, gym, bike storage, personal storage locker and much more. This condo features new stainless steel appliances, sink, flooring and new windows for the entire unit. Enjoy entertaining with this open concept living including a large owners suite with bath & walk-in closet and a second bedroom / den / home office. Indoor or outdoor ramp parking available for $159 per mo.

Key facts

  • $1,135 HOA
  • Community pool
  • Built 1985

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath condo listed at $185k.

Deal economics

  • At list price, monthly cash flow is $56 ($671/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $185k).
  • Recommended offer: $174k (6.0% below list) — sets the bar for market timing.
  • Cap rate 6.7% vs local median 3.1% 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.
  • Market conditions: Rents rising (+2.6%/yr); 81 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 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 $1k of loan paydown is wiped out by about $6k 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.

Negotiation context

  • It's been on market 62 days — a 6% lower offer ($174k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 18y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Watch-outs: HOA is 36% of rent.
Recommended offer $173,806 (6.0% below list)

Questions for the listing agent

  1. It's been on market 62 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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.
  8. 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.
  9. 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
1.68%
Cap rate
6.66%
Cash-on-cash
1.30%
DSCR
1.06
GRM
4.9

CMA / ARV

ARV (median comp)
$358,399
List price
$184,900
Delta
-48.41%
Verdict
UNDERPRICED
Comps
14 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 2.65% rent growth · sell at horizon

5-year hold
IRR
-14.5%
Equity multiple
0.48×
Total profit
$-26,756
Equity at exit
$27,569
10-year hold
IRR
-6.1%
Equity multiple
0.61×
Total profit
$-20,166
Equity at exit
$15,987

Cash invested: $51,772 (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 55415

Home prices YoY
-2.4%
Rents YoY
2.6%
Active inventory
81
Price-to-rent
4.9×

Monthly cashflow live

Estimated rent
$3,114 high interval (Pro) →
Mortgage (P&I)
$970
Tax from tax record
$223 /mo · $2,671/yr
Insurance
$77
HOA
$1,135
Vacancy / Maint / Mgmt
$654
Net cashflow
$56

Break-even live

Break-even rent $3,043
Max offer price $184,900
Occupancy floor 93%

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
$46,225
Closing costs
$5,547
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
433 S 7th St Minneapolis, MN 2.0 2.0 1057 $2,548 $2.41 14d 1 0.01mi
650 Portland Ave Minneapolis, MN 2.0 1.0–2.0 1104 $4,141 $3.75 3d 18 0.07mi
521 S 7th St Minneapolis, MN 1.0–2.0 1.0–1.5 784 $2,375 $3.03 1d 2 0.08mi
600 5th Ave S Minneapolis, MN 1.0–2.0 1.0–2.0 915 $3,315 $3.62 1d 9 0.08mi
615 S 8th St Minneapolis, MN 2.0 1.0–2.5 1248 $6,125 $4.91 1d 52 0.13mi
511 S 4th St Minneapolis, MN 2.0 1.0–2.0 882 $2,945 $3.34 2d 11 0.22mi
929 Portland Ave Minneapolis, MN 2.0 2.0 1120 $2,499 $2.23 43d 1 0.23mi
608 2nd Ave S Minneapolis, MN 2.0 1.0–2.0 999 $2,300 $2.30 2d 34 0.23mi
101 S 5th St Minneapolis, MN 3.0 1.0–2.0 1249 $3,169 $2.54 2d 35 0.31mi
515 E Grant St Minneapolis, MN 1.0–2.0 1.0 820 $1,696 $2.07 1d 10 0.31mi
90 S 9th St Minneapolis, MN 2.0 1.0 838 $2,000 $2.39 3d 2 0.33mi
1400 Park Ave Minneapolis, MN 2.0 1.0–2.0 875 $2,630 $3.01 3d 21 0.34mi
1111 3rd Ave S Unit 1511914P Minneapolis, MN 4.0 1.0–2.0 1081 $7,396 $6.84 2d 2 0.36mi
700 S 4th St Minneapolis, MN 2.0 1.0–2.0 897 $3,995 $4.45 1d 26 0.36mi
465 Nicollet Mall Minneapolis, MN 2.0 1.0–3.0 1153 $4,620 $4.01 1d 14 0.37mi
250 Portland Ave Minneapolis, MN 1.0–2.0 1.0–2.0 902 $3,372 $3.74 2d 11 0.38mi
400 Marquette Ave Minneapolis, MN 3.0 1.0–2.0 1103 $4,260 $3.86 1d 14 0.38mi
95 S 10th St Minneapolis, MN 2.0 1.0–2.0 688 $2,321 $3.37 2d 31 0.38mi
250 Park Ave #215 Minneapolis, MN 1.0 1.0 961 $2,350 $2.45 14d 1 0.38mi
313 Washington Ave S Minneapolis, MN 2.0 1.0–2.0 836 $3,110 $3.72 2d 9 0.39mi
365 Nicollet Mall Minneapolis, MN 3.0 1.0–3.5 1656 $7,058 $4.26 3d 33 0.40mi
240 Park Ave Minneapolis, MN 1.0–2.0 1.0–2.0 1047 $3,875 $3.70 3d 2 0.41mi
1117 Marquette Ave Minneapolis, MN 1.0–2.0 1.0–2.0 953 $1,869 $1.96 1d 15 0.44mi
240 Chicago Ave Minneapolis, MN 2.0 1.0–2.0 825 $3,036 $3.68 1d 11 0.45mi
225 Portland Ave Minneapolis, MN 2.0 1.0–2.0 837 $3,420 $4.08 3d 70 0.45mi
1518 Park Ave Minneapolis, MN 3.0 1.0 1200 $1,850 $1.54 13d 1 0.45mi
1518 Park Ave Minneapolis, MN 3.0 1.0 1200 $1,850 $1.54 10d 1 0.45mi
1010 S 7th St Minneapolis, MN 2.0 1.0–2.0 834 $2,725 $3.27 43d 1 0.47mi
736 E 16th St Minneapolis, MN 1.0–2.0 1.0 650 $1,100 $1.69 23d 2 0.48mi
811 Washington Ave S Minneapolis, MN 1.0–2.0 1.0–2.0 862 $3,099 $3.60 19d 9 0.48mi
736 E 16th St #21 Minneapolis, MN 2.0 1.0 757 $1,150 $1.52 43d 1 0.48mi
205 Park Ave Minneapolis, MN 1.0–2.0 1.0–2.0 859 $3,158 $3.68 7d 5 0.49mi
729 E 16th St Apt 11 Minneapolis, MN 1.0 1.0 1050 $1,195 $1.14 43d 1 0.50mi
735 E 16th St #2 Minneapolis, MN 3.0 1.0 1296 $1,650 $1.27 24d 1 0.50mi
270 Hennepin Ave Minneapolis, MN 3.0 1.0–3.0 1505 $6,755 $4.49 2d 54 0.56mi
1423 11th Ave S Minneapolis, MN 1.0–2.0 1.0 818 $1,800 $2.20 2d 29 0.56mi
1225 Lasalle Ave #602 Minneapolis, MN 2.0 2.0 1118 $2,300 $2.06 43d 1 0.60mi
111 S Marquette Ave Minneapolis, MN 1.0–2.0 1.0–2.0 970 $2,420 $2.49 2d 12 0.60mi
212 10th Ave S Minneapolis, MN 3.0 1.0–2.5 1490 $6,415 $4.31 1d 10 0.61mi
222 Hennepin Ave Minneapolis, MN 1.0–2.0 1.0–2.0 994 $4,175 $4.20 1d 12 0.63mi

HOA detail condo

Monthly dues
$1,135 · $13,620/yr
Likely covers
poolgym
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 44 events

  1. 2026-06-18
    days on market $184,900 Active 62 DOM
  2. 2026-06-17
    days on market $184,900 Active 61 DOM
  3. 2026-06-16
    days on market $184,900 Active 60 DOM
  4. 2026-06-15
    days on market $184,900 Active 59 DOM
  5. 2026-06-13
    days on market $184,900 Active 57 DOM
  6. 2026-06-09
    days on market $184,900 Active 53 DOM
  7. 2026-06-08
    days on market $184,900 Active 52 DOM
  8. 2026-06-07
    days on market $184,900 Active 51 DOM
  9. 2026-06-04
    days on market $184,900 Active 48 DOM
  10. 2026-06-03
    days on market $184,900 Active 47 DOM
  11. 2026-06-02
    days on market $184,900 Active 46 DOM
  12. 2026-06-01
    days on market $184,900 Active 45 DOM
  13. 2026-05-31
    days on market $184,900 Active 44 DOM
  14. 2026-04-17
    listed $184,900 Active 543-char remark
    Show marketing remark (543 chars)

    Beautiful corner unit with an AMAZING view.Building amenities on the 15th floor include outdoor pool, large spacious decks with grills, party / game room, hot tub, sauna, gym, bike storage, personal storage locker and much more. This condo features new stainless steel appliances, sink, flooring and new windows for the entire unit. Enjoy entertaining with this open concept living including a large owners suite with bath & walk-in closet and a second bedroom / den / home office. Indoor or outdoor ramp parking available for $159 per mo.

  15. 2026-04-13
    historical $184,900 543-char remark
    Show marketing remark (543 chars)

    Beautiful corner unit with an AMAZING view.Building amenities on the 15th floor include outdoor pool, large spacious decks with grills, party / game room, hot tub, sauna, gym, bike storage, personal storage locker and much more. This condo features new stainless steel appliances, sink, flooring and new windows for the entire unit. Enjoy entertaining with this open concept living including a large owners suite with bath & walk-in closet and a second bedroom / den / home office. Indoor or outdoor ramp parking available for $159 per mo.

  16. 2025-01-15
    soldstatus $180,000
  17. 2025-01-14
    soldstatus $180,000 Sold 590-char remark
    Show marketing remark (590 chars)

    Beautifully updated CORNER UNIT with views of US Bank Stadium & downtown Minneapolis. This condo features new stainless steel appliances, sink, flooring and new windows for the entire unit. Enjoy entertaining with this open concept living including a large owners suite with bath & walk-in closet and a second bedroom / den / home office. Building amenities on the 15th floor include outdoor pool, large spacious decks with grills, party / game room, hot tub, sauna, gym, bike storage, personal storage locker and much more. Indoor or outdoor ramp parking available for $159 per mo.

  18. 2024-12-24
    status Pending 590-char remark
    Show marketing remark (590 chars)

    Beautifully updated CORNER UNIT with views of US Bank Stadium & downtown Minneapolis. This condo features new stainless steel appliances, sink, flooring and new windows for the entire unit. Enjoy entertaining with this open concept living including a large owners suite with bath & walk-in closet and a second bedroom / den / home office. Building amenities on the 15th floor include outdoor pool, large spacious decks with grills, party / game room, hot tub, sauna, gym, bike storage, personal storage locker and much more. Indoor or outdoor ramp parking available for $159 per mo.

  19. 2024-12-04
    historical Contingent - Subject to Statutory Rescission 590-char remark
    Show marketing remark (590 chars)

    Beautifully updated CORNER UNIT with views of US Bank Stadium & downtown Minneapolis. This condo features new stainless steel appliances, sink, flooring and new windows for the entire unit. Enjoy entertaining with this open concept living including a large owners suite with bath & walk-in closet and a second bedroom / den / home office. Building amenities on the 15th floor include outdoor pool, large spacious decks with grills, party / game room, hot tub, sauna, gym, bike storage, personal storage locker and much more. Indoor or outdoor ramp parking available for $159 per mo.

  20. 2024-05-27
    price $185,000 590-char remark
    Show marketing remark (590 chars)

    Beautifully updated CORNER UNIT with views of US Bank Stadium & downtown Minneapolis. This condo features new stainless steel appliances, sink, flooring and new windows for the entire unit. Enjoy entertaining with this open concept living including a large owners suite with bath & walk-in closet and a second bedroom / den / home office. Building amenities on the 15th floor include outdoor pool, large spacious decks with grills, party / game room, hot tub, sauna, gym, bike storage, personal storage locker and much more. Indoor or outdoor ramp parking available for $159 per mo.

  21. 2024-02-12
    status Active 590-char remark
    Show marketing remark (590 chars)

    Beautifully updated CORNER UNIT with views of US Bank Stadium & downtown Minneapolis. This condo features new stainless steel appliances, sink, flooring and new windows for the entire unit. Enjoy entertaining with this open concept living including a large owners suite with bath & walk-in closet and a second bedroom / den / home office. Building amenities on the 15th floor include outdoor pool, large spacious decks with grills, party / game room, hot tub, sauna, gym, bike storage, personal storage locker and much more. Indoor or outdoor ramp parking available for $159 per mo.

  22. 2024-02-12
    price $190,000 590-char remark
    Show marketing remark (590 chars)

    Beautifully updated CORNER UNIT with views of US Bank Stadium & downtown Minneapolis. This condo features new stainless steel appliances, sink, flooring and new windows for the entire unit. Enjoy entertaining with this open concept living including a large owners suite with bath & walk-in closet and a second bedroom / den / home office. Building amenities on the 15th floor include outdoor pool, large spacious decks with grills, party / game room, hot tub, sauna, gym, bike storage, personal storage locker and much more. Indoor or outdoor ramp parking available for $159 per mo.

  23. 2024-02-01
    status Pending 590-char remark
    Show marketing remark (590 chars)

    Beautifully updated CORNER UNIT with views of US Bank Stadium & downtown Minneapolis. This condo features new stainless steel appliances, sink, flooring and new windows for the entire unit. Enjoy entertaining with this open concept living including a large owners suite with bath & walk-in closet and a second bedroom / den / home office. Building amenities on the 15th floor include outdoor pool, large spacious decks with grills, party / game room, hot tub, sauna, gym, bike storage, personal storage locker and much more. Indoor or outdoor ramp parking available for $159 per mo.

  24. 2024-01-18
    historical Contingent - Subject to Statutory Rescission 590-char remark
    Show marketing remark (590 chars)

    Beautifully updated CORNER UNIT with views of US Bank Stadium & downtown Minneapolis. This condo features new stainless steel appliances, sink, flooring and new windows for the entire unit. Enjoy entertaining with this open concept living including a large owners suite with bath & walk-in closet and a second bedroom / den / home office. Building amenities on the 15th floor include outdoor pool, large spacious decks with grills, party / game room, hot tub, sauna, gym, bike storage, personal storage locker and much more. Indoor or outdoor ramp parking available for $159 per mo.

  25. 2023-11-03
    price $194,000 590-char remark
    Show marketing remark (590 chars)

    Beautifully updated CORNER UNIT with views of US Bank Stadium & downtown Minneapolis. This condo features new stainless steel appliances, sink, flooring and new windows for the entire unit. Enjoy entertaining with this open concept living including a large owners suite with bath & walk-in closet and a second bedroom / den / home office. Building amenities on the 15th floor include outdoor pool, large spacious decks with grills, party / game room, hot tub, sauna, gym, bike storage, personal storage locker and much more. Indoor or outdoor ramp parking available for $159 per mo.

  26. 2023-10-22
    price $200,000 590-char remark
    Show marketing remark (590 chars)

    Beautifully updated CORNER UNIT with views of US Bank Stadium & downtown Minneapolis. This condo features new stainless steel appliances, sink, flooring and new windows for the entire unit. Enjoy entertaining with this open concept living including a large owners suite with bath & walk-in closet and a second bedroom / den / home office. Building amenities on the 15th floor include outdoor pool, large spacious decks with grills, party / game room, hot tub, sauna, gym, bike storage, personal storage locker and much more. Indoor or outdoor ramp parking available for $159 per mo.

  27. 2023-09-15
    price $209,900 590-char remark
    Show marketing remark (590 chars)

    Beautifully updated CORNER UNIT with views of US Bank Stadium & downtown Minneapolis. This condo features new stainless steel appliances, sink, flooring and new windows for the entire unit. Enjoy entertaining with this open concept living including a large owners suite with bath & walk-in closet and a second bedroom / den / home office. Building amenities on the 15th floor include outdoor pool, large spacious decks with grills, party / game room, hot tub, sauna, gym, bike storage, personal storage locker and much more. Indoor or outdoor ramp parking available for $159 per mo.

  28. 2023-09-11
    price $214,900 590-char remark
    Show marketing remark (590 chars)

    Beautifully updated CORNER UNIT with views of US Bank Stadium & downtown Minneapolis. This condo features new stainless steel appliances, sink, flooring and new windows for the entire unit. Enjoy entertaining with this open concept living including a large owners suite with bath & walk-in closet and a second bedroom / den / home office. Building amenities on the 15th floor include outdoor pool, large spacious decks with grills, party / game room, hot tub, sauna, gym, bike storage, personal storage locker and much more. Indoor or outdoor ramp parking available for $159 per mo.

  29. 2023-08-28
    listed $219,900 Active 590-char remark
    Show marketing remark (590 chars)

    Beautifully updated CORNER UNIT with views of US Bank Stadium & downtown Minneapolis. This condo features new stainless steel appliances, sink, flooring and new windows for the entire unit. Enjoy entertaining with this open concept living including a large owners suite with bath & walk-in closet and a second bedroom / den / home office. Building amenities on the 15th floor include outdoor pool, large spacious decks with grills, party / game room, hot tub, sauna, gym, bike storage, personal storage locker and much more. Indoor or outdoor ramp parking available for $159 per mo.

  30. 2016-09-23
    soldstatus $210,000
  31. 2016-09-07
    soldstatus $210,000 Sold
  32. 2016-08-17
    status Pending
  33. 2016-08-08
    historical Contingent - Inspection
  34. 2016-08-05
    listed $209,900 Active
  35. 2010-10-18
    historical
  36. 2010-09-22
    listed $1,600
  37. 2008-05-20
    soldstatus $199,900
  38. 2008-04-24
    soldstatus $199,900
  39. 2008-04-04
    historical
  40. 2008-02-12
    listed $209,900
  41. 2000-05-25
    soldstatus $152,900
  42. 1995-01-17
    soldstatus $77,000
  43. 1991-04-25
    soldstatus $71,900
  44. 1989-12-29
    soldstatus $66,000

ⓘ 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
$2,671 · $223/mo
Projected year-2 tax
$2,671 · $223/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
$37,369
− Mortgage interest
−$10,357
− Property taxes
−$2,671
− Insurance
−$924
− Repairs & maintenance
−$2,990
− Management
−$2,990
− HOA
−$13,620
− Depreciation
−$5,379
Taxable loss
−$1,562
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$375
After-tax cash flow
$1,045/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.

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

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 · 1,150,272 people
City population
417,555
Metro
Minneapolis-St. Paul-Bloomington, MN-WI
Population (ZIP)
6,900
Household income
$124,921
Rent vs Own
66.3% rent · 33.7% own
Severe rent burden
344.0

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 0.59)
Race & ethnicity
White 61% Black 18% Asian 9% Two or more races 6% Hispanic / Latino 4% Native American 2%
Common ancestry
Portuguese 6% Slovak 2% Romanian 2%
Foreign-born
16% · Canada, South Korea, China
Languages at home
87% English-only · Other Indo-European 4% Spanish 2% Other Asian/Pacific 1%

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
▼ -7.23%
Current HPI
289.6606
Rent YoY
▲ 2.65%
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

Price history

+180.2% since first listed
31 events — show timeline
  • 2026-04-17 Listed $184,900 NORTHSTARMLS as Distributed by MLS Grid
  • 2026-04-13 Coming Soon $184,900 NORTHSTARMLS as Distributed by MLS Grid
  • 2025-01-15 Sold (Public Records) $180,000 Public Records
  • 2025-01-14 Sold (MLS) $180,000 NORTHSTARMLS as Distributed by MLS Grid
  • 2024-12-24 Pending NORTHSTARMLS as Distributed by MLS Grid
  • 2024-12-04 Contingent NORTHSTARMLS as Distributed by MLS Grid
  • 2024-05-27 Price Changed $185,000 NORTHSTARMLS as Distributed by MLS Grid
  • 2024-02-12 Relisted NORTHSTARMLS as Distributed by MLS Grid
  • 2024-02-12 Price Changed $190,000 NORTHSTARMLS as Distributed by MLS Grid
  • 2024-02-01 Pending NORTHSTARMLS as Distributed by MLS Grid
  • 2024-01-18 Contingent NORTHSTARMLS as Distributed by MLS Grid
  • 2023-11-03 Price Changed $194,000 NORTHSTARMLS as Distributed by MLS Grid
  • 2023-10-22 Price Changed $200,000 NORTHSTARMLS as Distributed by MLS Grid
  • 2023-09-15 Price Changed $209,900 NORTHSTARMLS as Distributed by MLS Grid
  • 2023-09-11 Price Changed $214,900 NORTHSTARMLS as Distributed by MLS Grid
  • 2023-08-28 Listed $219,900 NORTHSTARMLS as Distributed by MLS Grid
  • 2016-09-23 Sold (Public Records) $210,000 Public Records
  • 2016-09-07 Sold (MLS) $210,000 NORTHSTARMLS as Distributed by MLS Grid
  • 2016-08-17 Pending NORTHSTARMLS as Distributed by MLS Grid
  • 2016-08-08 Contingent NORTHSTARMLS as Distributed by MLS Grid
  • 2016-08-05 Listed $209,900 NORTHSTARMLS as Distributed by MLS Grid
  • 2010-10-18 Listing Removed NORTHSTARMLS as Distributed by MLS Grid
  • 2010-09-22 Listed $1,600 NORTHSTARMLS as Distributed by MLS Grid
  • 2008-05-20 Sold (Public Records) $199,900 Public Records
  • 2008-04-24 Sold (MLS) $199,900 NORTHSTARMLS as Distributed by MLS Grid
  • 2008-04-04 Listing Removed NORTHSTARMLS as Distributed by MLS Grid
  • 2008-02-12 Listed $209,900 NORTHSTARMLS as Distributed by MLS Grid
  • 2000-05-25 Sold (Public Records) $152,900 Public Records
  • 1995-01-17 Sold (Public Records) $77,000 Public Records
  • 1991-04-25 Sold (Public Records) $71,900 Public Records
  • 1989-12-29 Sold (Public Records) $66,000 Public Records

Property tax history

-0.5%/yr

Latest (2025): $2,671 · +2.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…