401 S 1st St #215 · Minneapolis, MN
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
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 D- 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).
- ARV discount +14.4/15.0
- Appreciation +4.8/10.0
- Cash flow +4.0/30.0
- Rent growth +3.9/5.0
- Livability +3.9/5.0
- Schools +3.5/10.0
- 1% rule +2.7/10.0
- Condition / age +2.5/5.0
- DSCR +0.0/10.0
$269,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Start your day off with breathtaking river views in this charming 1 BR condo at the ever popular Riverwest, located steps from the Stone Arch Bridge and overlooking the soon-to-be Water Works park project. This turn key unit features an open layout with private balcony, luxury finishes such as granite countertops, hardwood floors and new in-unit washer/dryer. Building amenities include 24 hr security, off leash dog park, and a state of the art fitness center, 2 party rooms, outdoor pool with grilling stations, hot tub, sauna and tons of guest parking – All this for incredibly reasonable HOA dues. You won’t find a better value/location in all of Downtown!
Key facts
- Outdoor pool
- Large walk-in closet
- Updated bathroom
Tags
Property features AI
Finance
- HOA & community: HOA managed by Sudler Property Management; Monthly association fee of $597; HOA covers air conditioning, cable TV, controlled access, hazard insurance, heating, internet, lawn care, grounds maintenance, parking, professional management, sewer, shared amenities, snow removal, and water; Shared amenities include community/amusement/party room and exercise room, elevator(s), lobby entrance, sauna, car wash
Exterior
- Parking: Attached heated garage (1 space)
- Security: 24-hour guard; Controlled access; Fire sprinkler system
- Utilities: City water connected; City sewer connected; Natural gas
- Home design: Attached residential property; One story; Main-level entry
- Construction: Poured concrete foundation; Built with stone exterior
- Exterior features: Stone exterior; Below-ground heated shared pool; River view
Interior
- Kitchen: Center island; Dishwasher; Microwave; Range; Refrigerator
- Bedrooms: Main floor primary bedroom (15 x 12)
- Flooring: Tile floors
- Bathrooms: Main floor full bathroom
- Heating & cooling: Forced air heating; Central air conditioning
- Interior features: Accessible elevator installed; Living/Dining room layout; Walk-in closet; Tile floors; City view; Balcony; Center island in kitchen
- Laundry & utility: Washer and dryer (hookup); Washer; Dryer
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $270k.
Deal economics
- At list price, monthly cash flow is $-750 ($-9k/yr) — negative.
- To cash-flow at today's rent, offer at most $137k (49.1% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $208k (23.1% below list).
- Recommended offer: $137k (49.1% below list) — sets the bar for cash-flow.
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 fast (+5.5%/yr); 160 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
- In year one you build about $737 of equity ($2k loan paydown + $-1k appreciation (-0.4% local appreciation)).
- 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 55 days — a 3% lower offer ($262k) is reasonable based on typical stale-listing flexibility.
- 9 sale attempts since 20y 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 29% of rent.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 55 days. Have you received any prior offers? Is the seller open to a 49% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- 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?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- 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
- 0.77% ✗
- Cap rate
- 2.96%
- Cash-on-cash
- -11.91%
- DSCR
- 0.47
- GRM
- 10.8
CMA / ARV
- ARV (median comp)
- $318,588
- List price
- $269,900
- Delta
- -15.28%
- Verdict
- UNDERPRICED
- Comps
- 7 within 1.0 mi
Projected returns pro-forma
-0.42% appreciation · 5.49% rent growth · sell at horizon
- IRR
- -16.1%
- Equity multiple
- 0.27×
- Total profit
- $-55,246
- Equity at exit
- $72,773
- IRR
- -6.9%
- Equity multiple
- 0.26×
- Total profit
- $-55,589
- Equity at exit
- $83,125
Cash invested: $75,572 (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 55401
- Home prices YoY
- -0.2%
- Rents YoY
- 5.5%
- Active inventory
- 160
- Price-to-rent
- 10.8×
Monthly cashflow live
- Estimated rent
- $2,076 high interval (Pro) →
- Mortgage (P&I)
- −$1,415
- Tax from tax record
- −$265 /mo · $3,186/yr
- Insurance
- −$112
- HOA
- −$597
- Vacancy / Maint / Mgmt
- −$436
- Net cashflow
- $-750
Break-even live
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
- $67,475
- Closing costs
- $8,097
- 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
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 115 2nd Ave S Minneapolis, MN | 1.0 | 1.0 | 508 | $1,371 | $2.70 | 2d | 15 | 0.16mi |
| 313 Washington Ave S Minneapolis, MN | 2.0 | 1.0–2.0 | 836 | $2,288 | $2.73 | 2d | 9 | 0.17mi |
| 225 Portland Ave Minneapolis, MN | 2.0 | 1.0–2.0 | 837 | $2,410 | $2.88 | 3d | 70 | 0.20mi |
| 250 Portland Ave Minneapolis, MN | 1.0–2.0 | 1.0–2.0 | 902 | $1,950 | $2.16 | 2d | 11 | 0.21mi |
| 111 S Marquette Ave Minneapolis, MN | 1.0–2.0 | 1.0–2.0 | 970 | $1,516 | $1.56 | 2d | 12 | 0.23mi |
| 205 Park Ave Minneapolis, MN | 1.0–2.0 | 1.0–2.0 | 859 | $1,809 | $2.11 | 7d | 5 | 0.25mi |
| 240 Park Ave Minneapolis, MN | 1.0–2.0 | 1.0–2.0 | 1047 | $2,075 | $1.98 | 3d | 2 | 0.26mi |
| 250 Park Ave #215 Minneapolis, MN | 1.0 | 1.0 | 961 | $2,350 | $2.45 | 14d | 1 | 0.27mi |
| 240 Chicago Ave Minneapolis, MN | 2.0 | 1.0–2.0 | 825 | $2,164 | $2.62 | 2d | 11 | 0.33mi |
| 511 S 4th St Minneapolis, MN | 2.0 | 1.0–2.0 | 882 | $2,215 | $2.51 | 2d | 11 | 0.34mi |
| 811 Washington Ave S Minneapolis, MN | 1.0–2.0 | 1.0–2.0 | 862 | $1,660 | $1.93 | 19d | 9 | 0.35mi |
| 700 S 4th St Minneapolis, MN | 2.0 | 1.0–2.0 | 897 | $2,688 | $2.99 | 1d | 26 | 0.36mi |
| 120 Hennepin Ave Minneapolis, MN | 2.0 | 1.0–2.0 | 960 | $2,590 | $2.70 | 7d | 10 | 0.36mi |
| 365 Nicollet Mall Minneapolis, MN | 3.0 | 1.0–3.5 | 1656 | $4,363 | $2.63 | 3d | 33 | 0.39mi |
| 400 Marquette Ave Minneapolis, MN | 3.0 | 1.0–2.0 | 1103 | $2,905 | $2.63 | 2d | 14 | 0.41mi |
| 222 Hennepin Ave Minneapolis, MN | 1.0–2.0 | 1.0–2.0 | 994 | $2,040 | $2.05 | 2d | 12 | 0.43mi |
| 212 10th Ave S Minneapolis, MN | 3.0 | 1.0–2.5 | 1490 | $4,242 | $2.85 | 1d | 10 | 0.44mi |
| 110 N 1st St Minneapolis, MN | 1.0–2.0 | 1.0–2.0 | 885 | $1,719 | $1.94 | 2d | 20 | 0.44mi |
| 465 Nicollet Mall Minneapolis, MN | 2.0 | 1.0–3.0 | 1153 | $3,030 | $2.63 | 2d | 14 | 0.45mi |
| 101 S 5th St Minneapolis, MN | 3.0 | 1.0–2.0 | 1249 | $2,289 | $1.83 | 2d | 35 | 0.45mi |
| 270 Hennepin Ave Minneapolis, MN | 3.0 | 1.0–3.0 | 1505 | $4,088 | $2.72 | 2d | 54 | 0.46mi |
| 600 5th Ave S Minneapolis, MN | 1.0–2.0 | 1.0–2.0 | 915 | $1,440 | $1.57 | 1d | 9 | 0.46mi |
| 120 N 2nd St Minneapolis, MN | 1.0–2.0 | 1.0–2.5 | 1039 | $1,591 | $1.53 | 1d | 19 | 0.48mi |
| 200 University Ave SE Minneapolis, MN | 3.0 | 1.0–3.0 | 1554 | $3,878 | $2.49 | 1d | 25 | 0.50mi |
| 608 2nd Ave S Minneapolis, MN | 2.0 | 1.0–2.0 | 999 | $1,823 | $1.82 | 2d | 34 | 0.51mi |
| 650 Portland Ave Minneapolis, MN | 2.0 | 1.0–2.0 | 1104 | $2,825 | $2.56 | 3d | 18 | 0.51mi |
| 200 2nd Ave N Minneapolis, MN | 2.0 | 1.0 | 994 | $3,135 | $3.15 | 21d | 1 | 0.52mi |
| 212 N 2nd St Minneapolis, MN | 1.0–2.0 | 1.0–2.0 | 1039 | $2,995 | $2.88 | 24d | 2 | 0.55mi |
| 433 S 7th St Minneapolis, MN | 2.0 | 2.0 | 1057 | $2,548 | $2.41 | 14d | 1 | 0.55mi |
| 521 S 7th St Minneapolis, MN | 1.0–2.0 | 1.0–1.5 | 784 | $1,200 | $1.53 | 2d | 2 | 0.56mi |
| 280 N 2nd St Minneapolis, MN | 1.0 | 1.0 | 1072 | $1,836 | $1.71 | 17d | 2 | 0.58mi |
| 333 E Hennepin Ave Minneapolis, MN | 2.0 | 1.0–2.0 | 786 | $2,458 | $3.13 | 2d | 18 | 0.59mi |
| 316 N 2nd St Minneapolis, MN | 1.0–2.0 | 1.0–2.0 | 795 | $1,417 | $1.78 | 3d | 10 | 0.61mi |
| 360 1st St N Minneapolis, MN | 1.0–2.0 | 1.0–2.0 | 889 | $1,834 | $2.06 | 3d | 11 | 0.62mi |
| 615 S 8th St Minneapolis, MN | 2.0 | 1.0–2.5 | 1248 | $3,672 | $2.94 | 1d | 52 | 0.63mi |
| 401 1st Ave NE Minneapolis, MN | 2.0 | 1.0–2.0 | 922 | $2,726 | $2.95 | 2d | 9 | 0.67mi |
| 401 N 1st St Minneapolis, MN | — | 1.0 | 531 | $1,282 | $2.41 | 43d | 1 | 0.68mi |
| 600 University Ave SE Minneapolis, MN | 1.0–2.0 | 1.0 | 600 | $1,188 | $1.98 | 2d | 13 | 0.68mi |
| 1010 S 7th St Minneapolis, MN | 2.0 | 1.0–2.0 | 834 | $1,928 | $2.31 | 43d | 1 | 0.69mi |
| 337 N Washington Ave Minneapolis, MN | 2.0 | 1.0–2.0 | 796 | $2,114 | $2.65 | 2d | 30 | 0.69mi |
HOA detail condo
- Monthly dues
- $597 · $7,164/yr
- Likely covers
- waterpoolgymsecurity
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 44 events
-
2026-06-18days on market $269,900 Active 55 DOM
-
2026-06-17days on market $269,900 Active 54 DOM
-
2026-06-16days on market $269,900 Active 53 DOM
-
2026-06-15days on market $269,900 Active 52 DOM
-
2026-06-13days on market $269,900 Active 50 DOM
-
2026-06-09days on market $269,900 Active 46 DOM
-
2026-06-08days on market $269,900 Active 45 DOM
-
2026-06-07days on market $269,900 Active 44 DOM
-
2026-06-04days on market $269,900 Active 41 DOM
-
2026-06-03days on market $269,900 Active 40 DOM
-
2026-06-02days on market $269,900 Active 39 DOM
-
2026-06-01days on market $269,900 Active 38 DOM
-
2026-05-31days on market $269,900 Active 37 DOM
-
2026-04-24$269,900 Active 1530-char remark
-
2026-04-24historical
-
2026-01-05$274,900 Active
-
2026-01-01historical
-
2021-04-12soldstatus $259,000 Sold
Show marketing remark (674 chars)
Start your day off with breathtaking river views in this charming 1 BR condo at the ever popular Riverwest, located steps from the Stone Arch Bridge and overlooking the soon-to-be Water Works park project. This turn key unit features an open layout with private balcony, luxury finishes such as granite countertops, hardwood floors and new in-unit washer/dryer. Building amenities include 24 hr security, off leash dog park, and a state of the art fitness center, 2 party rooms, outdoor pool with grilling stations, hot tub, sauna and tons of guest parking – All this for incredibly reasonable HOA dues. You won’t find a better value/location in all of Downtown!
-
2021-04-12soldstatus $259,000
Show marketing remark (674 chars)
Start your day off with breathtaking river views in this charming 1 BR condo at the ever popular Riverwest, located steps from the Stone Arch Bridge and overlooking the soon-to-be Water Works park project. This turn key unit features an open layout with private balcony, luxury finishes such as granite countertops, hardwood floors and new in-unit washer/dryer. Building amenities include 24 hr security, off leash dog park, and a state of the art fitness center, 2 party rooms, outdoor pool with grilling stations, hot tub, sauna and tons of guest parking – All this for incredibly reasonable HOA dues. You won’t find a better value/location in all of Downtown!
-
2021-02-25status Pending
Show marketing remark (674 chars)
Start your day off with breathtaking river views in this charming 1 BR condo at the ever popular Riverwest, located steps from the Stone Arch Bridge and overlooking the soon-to-be Water Works park project. This turn key unit features an open layout with private balcony, luxury finishes such as granite countertops, hardwood floors and new in-unit washer/dryer. Building amenities include 24 hr security, off leash dog park, and a state of the art fitness center, 2 party rooms, outdoor pool with grilling stations, hot tub, sauna and tons of guest parking – All this for incredibly reasonable HOA dues. You won’t find a better value/location in all of Downtown!
-
2021-02-04historical Contingent - Subject to Statutory Rescission
Show marketing remark (674 chars)
Start your day off with breathtaking river views in this charming 1 BR condo at the ever popular Riverwest, located steps from the Stone Arch Bridge and overlooking the soon-to-be Water Works park project. This turn key unit features an open layout with private balcony, luxury finishes such as granite countertops, hardwood floors and new in-unit washer/dryer. Building amenities include 24 hr security, off leash dog park, and a state of the art fitness center, 2 party rooms, outdoor pool with grilling stations, hot tub, sauna and tons of guest parking – All this for incredibly reasonable HOA dues. You won’t find a better value/location in all of Downtown!
-
2021-01-27status Active
Show marketing remark (674 chars)
Start your day off with breathtaking river views in this charming 1 BR condo at the ever popular Riverwest, located steps from the Stone Arch Bridge and overlooking the soon-to-be Water Works park project. This turn key unit features an open layout with private balcony, luxury finishes such as granite countertops, hardwood floors and new in-unit washer/dryer. Building amenities include 24 hr security, off leash dog park, and a state of the art fitness center, 2 party rooms, outdoor pool with grilling stations, hot tub, sauna and tons of guest parking – All this for incredibly reasonable HOA dues. You won’t find a better value/location in all of Downtown!
-
2021-01-14historical
Show marketing remark (674 chars)
Start your day off with breathtaking river views in this charming 1 BR condo at the ever popular Riverwest, located steps from the Stone Arch Bridge and overlooking the soon-to-be Water Works park project. This turn key unit features an open layout with private balcony, luxury finishes such as granite countertops, hardwood floors and new in-unit washer/dryer. Building amenities include 24 hr security, off leash dog park, and a state of the art fitness center, 2 party rooms, outdoor pool with grilling stations, hot tub, sauna and tons of guest parking – All this for incredibly reasonable HOA dues. You won’t find a better value/location in all of Downtown!
-
2020-11-13price $264,900
Show marketing remark (674 chars)
Start your day off with breathtaking river views in this charming 1 BR condo at the ever popular Riverwest, located steps from the Stone Arch Bridge and overlooking the soon-to-be Water Works park project. This turn key unit features an open layout with private balcony, luxury finishes such as granite countertops, hardwood floors and new in-unit washer/dryer. Building amenities include 24 hr security, off leash dog park, and a state of the art fitness center, 2 party rooms, outdoor pool with grilling stations, hot tub, sauna and tons of guest parking – All this for incredibly reasonable HOA dues. You won’t find a better value/location in all of Downtown!
-
2020-10-19$269,900 Active
Show marketing remark (674 chars)
Start your day off with breathtaking river views in this charming 1 BR condo at the ever popular Riverwest, located steps from the Stone Arch Bridge and overlooking the soon-to-be Water Works park project. This turn key unit features an open layout with private balcony, luxury finishes such as granite countertops, hardwood floors and new in-unit washer/dryer. Building amenities include 24 hr security, off leash dog park, and a state of the art fitness center, 2 party rooms, outdoor pool with grilling stations, hot tub, sauna and tons of guest parking – All this for incredibly reasonable HOA dues. You won’t find a better value/location in all of Downtown!
-
2020-10-12historical
-
2020-09-18price $272,500
-
2020-08-24historical
-
2020-08-24$275,000 Active
-
2020-08-10price $275,000
-
2020-08-10status Active
-
2020-07-18status Pending
-
2020-06-09historical Contingent - Subject to Statutory Rescission
-
2020-05-20price $279,900
-
2020-05-01$284,900 Active
-
2014-03-14status Pending
-
2014-03-14soldstatus $199,900 Sold
-
2014-03-14soldstatus $199,900
-
2014-01-30historical Contingent - Inspection
-
2014-01-28price $199,900
-
2014-01-03$209,900 Active
-
2007-03-05soldstatus $205,900
-
2007-01-22historical
-
2006-12-06$199,900
ⓘ 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
- $3,186 · $265/mo
- Projected year-2 tax
- $3,186 · $265/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
- $24,915
- − Mortgage interest
- −$15,119
- − Property taxes
- −$3,186
- − Insurance
- −$1,350
- − Repairs & maintenance
- −$1,993
- − Management
- −$1,993
- − HOA
- −$7,164
- − Depreciation
- −$7,852
- Taxable loss
- −$13,741
- Est. tax savings @ 24.0%
- +$3,298
- After-tax cash flow
- $-5,703/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
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)
- 11,816
- Household income
- $113,522
- Rent vs Own
- Severe rent burden
- 610.0
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
- Predominantly White (75%)
- Race & ethnicity
- White 75% Asian 9% Hispanic / Latino 8% Two or more races 6% Black 5%
- Hispanic origin (detail)
- Mexican 4%
- Common ancestry
- Portuguese 10% Romanian 7% Lithuanian 5%
- Foreign-born
- 13% · Canada, China, South Korea
- Languages at home
- 86% English-only · Spanish 6% Other Indo-European 3% Chinese 2%
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
- ▼ -0.42%
- Current HPI
- 233.936
- Rent YoY
- ▲ 5.49%
- 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 |
|
||
| Retail | 2 | $150B |
|
||
| Consumer Goods | 2 | $32B |
|
||
| Industrial Machinery | 2 | $6B |
|
||
| Agriculture | 1 | $40B |
|
||
| Healthcare / Medical Devices | 1 | $32B |
|
||
Price history
+35.0% since first listed31 events — show timeline
- 2026-04-24 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
- 2026-04-24 Listed $269,900 NORTHSTARMLS as Distributed by MLS Grid
- 2026-01-05 Listed $274,900 NORTHSTARMLS as Distributed by MLS Grid
- 2026-01-01 Coming Soon — NORTHSTARMLS as Distributed by MLS Grid
- 2021-04-12 Sold (Public Records) $259,000 Public Records
- 2021-04-12 Sold (MLS) $259,000 NORTHSTARMLS as Distributed by MLS Grid
- 2021-02-25 Pending — NORTHSTARMLS as Distributed by MLS Grid
- 2021-02-04 Contingent — NORTHSTARMLS as Distributed by MLS Grid
- 2021-01-27 Relisted — NORTHSTARMLS as Distributed by MLS Grid
- 2021-01-14 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
- 2020-11-13 Price Changed $264,900 NORTHSTARMLS as Distributed by MLS Grid
- 2020-10-19 Listed $269,900 NORTHSTARMLS as Distributed by MLS Grid
- 2020-10-12 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
- 2020-09-18 Price Changed $272,500 NORTHSTARMLS as Distributed by MLS Grid
- 2020-08-24 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
- 2020-08-24 Listed $275,000 NORTHSTARMLS as Distributed by MLS Grid
- 2020-08-10 Price Changed $275,000 NORTHSTARMLS as Distributed by MLS Grid
- 2020-08-10 Relisted — NORTHSTARMLS as Distributed by MLS Grid
- 2020-07-18 Pending — NORTHSTARMLS as Distributed by MLS Grid
- 2020-06-09 Contingent — NORTHSTARMLS as Distributed by MLS Grid
- 2020-05-20 Price Changed $279,900 NORTHSTARMLS as Distributed by MLS Grid
- 2020-05-01 Listed $284,900 NORTHSTARMLS as Distributed by MLS Grid
- 2014-03-14 Pending — NORTHSTARMLS as Distributed by MLS Grid
- 2014-03-14 Sold (Public Records) $199,900 Public Records
- 2014-03-14 Sold (MLS) $199,900 NORTHSTARMLS as Distributed by MLS Grid
- 2014-01-30 Contingent — NORTHSTARMLS as Distributed by MLS Grid
- 2014-01-28 Price Changed $199,900 NORTHSTARMLS as Distributed by MLS Grid
- 2014-01-03 Listed $209,900 NORTHSTARMLS as Distributed by MLS Grid
- 2007-03-05 Sold (MLS) $205,900 NORTHSTARMLS as Distributed by MLS Grid
- 2007-01-22 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
- 2006-12-06 Listed $199,900 NORTHSTARMLS as Distributed by MLS Grid
Property tax history
+1.5%/yrLatest (2025): $3,186 · +1.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…