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433 S 7th St #1627
C- Composite 53.96
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 +16.8/30.0
  • 1% rule +10.0/10.0
  • ARV discount +7.5/15.0
  • DSCR +5.2/10.0
  • 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

$173,900

433 S 7th St #1627 · Minneapolis, MN 55415
2 bd · 2.0 ba · 940 sqft · Condo public records · 118 Days on market
Built 1985 $968/mo HOA · 34% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to Unit 1627 at Centre Village Condos. Experience the best of downtown living in this stunning, perfectly positioned to capture breathtaking city view with both sunrise and sunset vistas. Enjoy the peace and privacy of a corner unit with no neighbor noise, one of the best 2-bedroom floor plans in the building! Enjoy amazing views of downtown and US Bank stadium. The building and common areas were recently remodeled. 15th-floor amenities include outdoor pool, new fitness center, whirlpool, sauna & patio/deck grilling area. One of only a few condo buildings that connect to the Skyway. HOA includes everything free laundry cable internet heat water but not electric service. Pets allowed. The building offers direct skyway access, connecting you effortlessly to Minneapolis' vibrant events, top restaurants, and entertainment venues - no need to brave the weather! Centre Village Condos is renowned for its unbeatable location. You'll be steps away from US Bank Stadium, the Guthrie Theater, and the Mill City Museum. Nearby dining hotspots include Eastside Eat + Drink, Zen Box Izakaya, and Finnegans Brew Co. For your daily needs, Trader Joe's and Whole Foods Target are just a short walk away. Whether you're seeking a serene urban retreat or a lively downtown lifestyle, this move-in-ready condo offers is all. Don't miss your chance to live in one of Minneapolis' most desirable communities - schedule your tour today!

Key facts

  • $968 HOA
  • 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 $174k.

Deal economics

  • At list price, monthly cash flow is $111 ($1k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $174k).
  • Recommended offer: $158k (9.0% below list) — sets the bar for market timing.
  • Cap rate 7.1% 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 $5k 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 118 days — a 9% lower offer ($158k) is reasonable based on typical stale-listing flexibility.
  • 9 sale attempts since 31y 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 34% of rent.
Recommended offer $158,249 (9.0% below list)

Questions for the listing agent

  1. It's been on market 118 days. Have you received any prior offers? Is the seller open to a 9% 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
1.63%
Cap rate
7.06%
Cash-on-cash
2.74%
DSCR
1.12
GRM
5.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold
IRR
-12.2%
Equity multiple
0.56×
Total profit
$-21,474
Equity at exit
$25,929
10-year hold
IRR
-3.5%
Equity multiple
0.77×
Total profit
$-11,141
Equity at exit
$15,036

Cash invested: $48,692 (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
5.1×

Monthly cashflow live

Estimated rent
$2,830 high interval (Pro) →
Mortgage (P&I)
$912
Tax from tax record
$172 /mo · $2,060/yr
Insurance
$72
HOA
$968
Vacancy / Maint / Mgmt
$594
Net cashflow
$111

Break-even live

Break-even rent $2,689
Max offer price $173,900
Occupancy floor 91%

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
$43,475
Closing costs
$5,217
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 2d 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
609 S 9th St #2 Minneapolis, MN 1.0 1.0 600 $1,095 $1.82 43d 1 0.20mi
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
929 Portland Ave #1408 Minneapolis, MN 1.0 1.0 680 $1,485 $2.18 43d 1 0.24mi
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 4d 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 2d 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 2d 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
501 E 14th St Minneapolis, MN 1.0 1.0 510 $1,055 $2.07 43d 1 0.39mi
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 2d 15 0.44mi
240 Chicago Ave Minneapolis, MN 2.0 1.0–2.0 825 $3,036 $3.68 2d 11 0.45mi
225 Portland Ave Minneapolis, MN 2.0 1.0–2.0 837 $3,420 $4.08 3d 70 0.45mi
1010 S 7th St Minneapolis, MN 2.0 1.0–2.0 834 $2,725 $3.27 43d 1 0.47mi
728 E 16th St #34 Minneapolis, MN 1.0 1.0 593 $950 $1.60 43d 1 0.47mi
736 E 16th St Minneapolis, MN 1.0–2.0 1.0 650 $1,100 $1.69 24d 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
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
115 2nd Ave S Minneapolis, MN 1.0 1.0 508 $1,371 $2.70 2d 15 0.57mi
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

HOA detail condo

Monthly dues
$968 · $11,616/yr
Likely covers
waterelectricinternetcablepoolgym
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 32 events

  1. 2026-06-01
    days on market $173,900 Active 118 DOM
  2. 2026-05-31
    days on market $173,900 Active 117 DOM
  3. 2026-03-10
    price $173,900 1440-char remark
    Show marketing remark (1440 chars)

    Welcome to Unit 1627 at Centre Village Condos. Experience the best of downtown living in this stunning, perfectly positioned to capture breathtaking city view with both sunrise and sunset vistas. Enjoy the peace and privacy of a corner unit with no neighbor noise, one of the best 2-bedroom floor plans in the building! Enjoy amazing views of downtown and US Bank stadium. The building and common areas were recently remodeled. 15th-floor amenities include outdoor pool, new fitness center, whirlpool, sauna & patio/deck grilling area. One of only a few condo buildings that connect to the Skyway. HOA includes everything free laundry cable internet heat water but not electric service. Pets allowed. The building offers direct skyway access, connecting you effortlessly to Minneapolis' vibrant events, top restaurants, and entertainment venues - no need to brave the weather! Centre Village Condos is renowned for its unbeatable location. You'll be steps away from US Bank Stadium, the Guthrie Theater, and the Mill City Museum. Nearby dining hotspots include Eastside Eat + Drink, Zen Box Izakaya, and Finnegans Brew Co. For your daily needs, Trader Joe's and Whole Foods Target are just a short walk away. Whether you're seeking a serene urban retreat or a lively downtown lifestyle, this move-in-ready condo offers is all. Don't miss your chance to live in one of Minneapolis' most desirable communities - schedule your tour today!

  4. 2026-02-03
    listed $182,900 Active 1440-char remark
    Show marketing remark (1440 chars)

    Welcome to Unit 1627 at Centre Village Condos. Experience the best of downtown living in this stunning, perfectly positioned to capture breathtaking city view with both sunrise and sunset vistas. Enjoy the peace and privacy of a corner unit with no neighbor noise, one of the best 2-bedroom floor plans in the building! Enjoy amazing views of downtown and US Bank stadium. The building and common areas were recently remodeled. 15th-floor amenities include outdoor pool, new fitness center, whirlpool, sauna & patio/deck grilling area. One of only a few condo buildings that connect to the Skyway. HOA includes everything free laundry cable internet heat water but not electric service. Pets allowed. The building offers direct skyway access, connecting you effortlessly to Minneapolis' vibrant events, top restaurants, and entertainment venues - no need to brave the weather! Centre Village Condos is renowned for its unbeatable location. You'll be steps away from US Bank Stadium, the Guthrie Theater, and the Mill City Museum. Nearby dining hotspots include Eastside Eat + Drink, Zen Box Izakaya, and Finnegans Brew Co. For your daily needs, Trader Joe's and Whole Foods Target are just a short walk away. Whether you're seeking a serene urban retreat or a lively downtown lifestyle, this move-in-ready condo offers is all. Don't miss your chance to live in one of Minneapolis' most desirable communities - schedule your tour today!

  5. 2026-01-26
    historical $182,900 1440-char remark
    Show marketing remark (1440 chars)

    Welcome to Unit 1627 at Centre Village Condos. Experience the best of downtown living in this stunning, perfectly positioned to capture breathtaking city view with both sunrise and sunset vistas. Enjoy the peace and privacy of a corner unit with no neighbor noise, one of the best 2-bedroom floor plans in the building! Enjoy amazing views of downtown and US Bank stadium. The building and common areas were recently remodeled. 15th-floor amenities include outdoor pool, new fitness center, whirlpool, sauna & patio/deck grilling area. One of only a few condo buildings that connect to the Skyway. HOA includes everything free laundry cable internet heat water but not electric service. Pets allowed. The building offers direct skyway access, connecting you effortlessly to Minneapolis' vibrant events, top restaurants, and entertainment venues - no need to brave the weather! Centre Village Condos is renowned for its unbeatable location. You'll be steps away from US Bank Stadium, the Guthrie Theater, and the Mill City Museum. Nearby dining hotspots include Eastside Eat + Drink, Zen Box Izakaya, and Finnegans Brew Co. For your daily needs, Trader Joe's and Whole Foods Target are just a short walk away. Whether you're seeking a serene urban retreat or a lively downtown lifestyle, this move-in-ready condo offers is all. Don't miss your chance to live in one of Minneapolis' most desirable communities - schedule your tour today!

  6. 2026-01-26
    historical 1440-char remark
    Show marketing remark (1440 chars)

    Welcome to Unit 1627 at Centre Village Condos. Experience the best of downtown living in this stunning, perfectly positioned to capture breathtaking city view with both sunrise and sunset vistas. Enjoy the peace and privacy of a corner unit with no neighbor noise, one of the best 2-bedroom floor plans in the building! Enjoy amazing views of downtown and US Bank stadium. The building and common areas were recently remodeled. 15th-floor amenities include outdoor pool, new fitness center, whirlpool, sauna & patio/deck grilling area. One of only a few condo buildings that connect to the Skyway. HOA includes everything free laundry cable internet heat water but not electric service. Pets allowed. The building offers direct skyway access, connecting you effortlessly to Minneapolis' vibrant events, top restaurants, and entertainment venues - no need to brave the weather! Centre Village Condos is renowned for its unbeatable location. You'll be steps away from US Bank Stadium, the Guthrie Theater, and the Mill City Museum. Nearby dining hotspots include Eastside Eat + Drink, Zen Box Izakaya, and Finnegans Brew Co. For your daily needs, Trader Joe's and Whole Foods Target are just a short walk away. Whether you're seeking a serene urban retreat or a lively downtown lifestyle, this move-in-ready condo offers is all. Don't miss your chance to live in one of Minneapolis' most desirable communities - schedule your tour today!

  7. 2026-01-21
    listed $182,900 1440-char remark
    Show marketing remark (1440 chars)

    Welcome to Unit 1627 at Centre Village Condos. Experience the best of downtown living in this stunning, perfectly positioned to capture breathtaking city view with both sunrise and sunset vistas. Enjoy the peace and privacy of a corner unit with no neighbor noise, one of the best 2-bedroom floor plans in the building! Enjoy amazing views of downtown and US Bank stadium. The building and common areas were recently remodeled. 15th-floor amenities include outdoor pool, new fitness center, whirlpool, sauna & patio/deck grilling area. One of only a few condo buildings that connect to the Skyway. HOA includes everything free laundry cable internet heat water but not electric service. Pets allowed. The building offers direct skyway access, connecting you effortlessly to Minneapolis' vibrant events, top restaurants, and entertainment venues - no need to brave the weather! Centre Village Condos is renowned for its unbeatable location. You'll be steps away from US Bank Stadium, the Guthrie Theater, and the Mill City Museum. Nearby dining hotspots include Eastside Eat + Drink, Zen Box Izakaya, and Finnegans Brew Co. For your daily needs, Trader Joe's and Whole Foods Target are just a short walk away. Whether you're seeking a serene urban retreat or a lively downtown lifestyle, this move-in-ready condo offers is all. Don't miss your chance to live in one of Minneapolis' most desirable communities - schedule your tour today!

  8. 2023-03-06
    soldstatus $188,950
  9. 2023-03-01
    soldstatus $188,950 Sold 467-char remark
    Show marketing remark (467 chars)

    One of the best 2-bedroom floor plans in the building! Enjoy amazing views of downtown and US Bank Stadium. Seller will pay off the assessment balance for new windows at closing. The building and common areas were recently remodeled. 15th-floor amenities include outdoor pool, new fitness center, whirlpool, sauna & patio/deck grilling area. One of only a few condo buildings that connect to the Skyway. HOA includes everything but electric service. Pets allowed.

  10. 2023-01-29
    status Pending 467-char remark
    Show marketing remark (467 chars)

    One of the best 2-bedroom floor plans in the building! Enjoy amazing views of downtown and US Bank Stadium. Seller will pay off the assessment balance for new windows at closing. The building and common areas were recently remodeled. 15th-floor amenities include outdoor pool, new fitness center, whirlpool, sauna & patio/deck grilling area. One of only a few condo buildings that connect to the Skyway. HOA includes everything but electric service. Pets allowed.

  11. 2023-01-16
    historical Contingent - Inspection 467-char remark
    Show marketing remark (467 chars)

    One of the best 2-bedroom floor plans in the building! Enjoy amazing views of downtown and US Bank Stadium. Seller will pay off the assessment balance for new windows at closing. The building and common areas were recently remodeled. 15th-floor amenities include outdoor pool, new fitness center, whirlpool, sauna & patio/deck grilling area. One of only a few condo buildings that connect to the Skyway. HOA includes everything but electric service. Pets allowed.

  12. 2022-10-20
    listed $189,900 Active 467-char remark
    Show marketing remark (467 chars)

    One of the best 2-bedroom floor plans in the building! Enjoy amazing views of downtown and US Bank Stadium. Seller will pay off the assessment balance for new windows at closing. The building and common areas were recently remodeled. 15th-floor amenities include outdoor pool, new fitness center, whirlpool, sauna & patio/deck grilling area. One of only a few condo buildings that connect to the Skyway. HOA includes everything but electric service. Pets allowed.

  13. 2022-09-06
    historical
  14. 2022-06-13
    price $179,000
  15. 2021-08-02
    price $189,000
  16. 2021-07-21
    price $200,000
  17. 2021-06-21
    listed $210,000 Active
  18. 2021-06-21
    historical
  19. 2021-03-09
    listed $210,000 Active
  20. 2016-06-30
    soldstatus $172,000
  21. 2016-05-27
    soldstatus $172,000 Sold
  22. 2016-05-10
    status Pending
  23. 2016-04-26
    historical Contingent - Inspection
  24. 2016-02-23
    status Active
  25. 2016-01-20
    historical Contingent - Inspection
  26. 2016-01-15
    listed $179,900 Active
  27. 1997-10-28
    soldstatus $89,000
  28. 1997-10-20
    soldstatus $89,000
  29. 1997-08-22
    historical
  30. 1997-08-18
    listed $91,900
  31. 1996-01-11
    historical
  32. 1995-09-11
    listed $82,900

ⓘ 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
$2,060 · $172/mo
Projected year-2 tax
$2,060 · $172/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
$33,955
− Mortgage interest
−$9,741
− Property taxes
−$2,060
− Insurance
−$870
− Repairs & maintenance
−$2,716
− Management
−$2,716
− HOA
−$11,616
− Depreciation
−$5,059
Taxable loss
−$823
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$198
After-tax cash flow
$1,533/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

+109.8% since first listed
30 events — show timeline
  • 2026-03-10 Price Changed $173,900 NORTHSTARMLS as Distributed by MLS Grid
  • 2026-02-03 Listed $182,900 NORTHSTARMLS as Distributed by MLS Grid
  • 2026-01-26 Coming Soon $182,900 NORTHSTARMLS as Distributed by MLS Grid
  • 2026-01-26 Listing Removed NORTHSTARMLS as Distributed by MLS Grid
  • 2026-01-21 Listed $182,900 NORTHSTARMLS as Distributed by MLS Grid
  • 2023-03-06 Sold (Public Records) $188,950 Public Records
  • 2023-03-01 Sold (MLS) $188,950 NORTHSTARMLS as Distributed by MLS Grid
  • 2023-01-29 Pending NORTHSTARMLS as Distributed by MLS Grid
  • 2023-01-16 Contingent NORTHSTARMLS as Distributed by MLS Grid
  • 2022-10-20 Listed $189,900 NORTHSTARMLS as Distributed by MLS Grid
  • 2022-09-06 Listing Removed NORTHSTARMLS as Distributed by MLS Grid
  • 2022-06-13 Price Changed $179,000 NORTHSTARMLS as Distributed by MLS Grid
  • 2021-08-02 Price Changed $189,000 NORTHSTARMLS as Distributed by MLS Grid
  • 2021-07-21 Price Changed $200,000 NORTHSTARMLS as Distributed by MLS Grid
  • 2021-06-21 Listing Removed NORTHSTARMLS as Distributed by MLS Grid
  • 2021-06-21 Listed $210,000 NORTHSTARMLS as Distributed by MLS Grid
  • 2021-03-09 Listed $210,000 NORTHSTARMLS as Distributed by MLS Grid
  • 2016-06-30 Sold (Public Records) $172,000 Public Records
  • 2016-05-27 Sold (MLS) $172,000 NORTHSTARMLS as Distributed by MLS Grid
  • 2016-05-10 Pending NORTHSTARMLS as Distributed by MLS Grid
  • 2016-04-26 Contingent NORTHSTARMLS as Distributed by MLS Grid
  • 2016-02-23 Relisted NORTHSTARMLS as Distributed by MLS Grid
  • 2016-01-20 Contingent NORTHSTARMLS as Distributed by MLS Grid
  • 2016-01-15 Listed $179,900 NORTHSTARMLS as Distributed by MLS Grid
  • 1997-10-28 Sold (Public Records) $89,000 Public Records
  • 1997-10-20 Sold (MLS) $89,000 NORTHSTARMLS as Distributed by MLS Grid
  • 1997-08-22 Listing Removed NORTHSTARMLS as Distributed by MLS Grid
  • 1997-08-18 Listed $91,900 NORTHSTARMLS as Distributed by MLS Grid
  • 1996-01-11 Listing Removed NORTHSTARMLS as Distributed by MLS Grid
  • 1995-09-11 Listed $82,900 NORTHSTARMLS as Distributed by MLS Grid

Property tax history

+0.0%/yr

Latest (2025): $2,060 · +2.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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