401 S 1st St #616 · 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 +12.9/15.0
- Appreciation +4.8/10.0
- Rent growth +3.9/5.0
- Livability +3.9/5.0
- Schools +3.5/10.0
- Cash flow +3.4/30.0
- 1% rule +2.7/10.0
- Condition / age +2.5/5.0
- DSCR +0.0/10.0
$259,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Ready to move downtown? This turn-key condo has granite, ss appliances, newer back splash, cherry cabinets in open kitchen. Private balcony has skyline views. Bedroom has newer carpet & walk-in closet. Located steps from the river, easy access to light rail, walking distance to numerous local restaurants, bars, theaters, shopping, sports venues & more! Water Works park scheduled to open in 2019 directly across street. Great community amenities within building. Don't miss this opportunity!
Key facts
- $647 HOA
- Garage
- Built 1989
Property features AI
Finance
- Other: Shared building rooms: amusement/party room, community room, exercise room, media room
- HOA & community: HOA: Sudler; Monthly HOA fee of $647; HOA covers air conditioning, heating, gas, water, sewer, cable TV, internet, parking, grounds maintenance, snow removal, professional management, shared amenities and recreation facility; Association amenities include elevator(s), fire sprinkler system, patio, sauna and other community spaces
Exterior
- Parking: Assigned heated underground garage parking; One garage space
- Security: 24-hour guard; Controlled access; Lobby entrance
- Utilities: City water connected; City sewer connected; Natural gas
- Home design: Residential attached property; One story; Panoramic/City-facing unit
- Construction: Concrete construction; Poured concrete foundation; Built with concrete materials
- Exterior features: Stone exterior; Riverfront location (road between waterfront and home)
Interior
- Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Stainless steel appliances
- Bedrooms: One bedroom (Main level) — approximately 12 x 14
- Bathrooms: One full bathroom (Main floor)
- Interior features: All living facilities on one level; Accessible elevator installed; No internal stairs; Indoor fire sprinklers; Primary bedroom with walk-in closet; Panoramic and city views; Balcony
- Laundry & utility: In-unit washer and dryer
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $260k.
Deal economics
- At list price, monthly cash flow is $-797 ($-10k/yr) — negative.
- To cash-flow at today's rent, offer at most $119k (54.2% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $201k (22.7% below list).
- Recommended offer: $119k (54.2% 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 $710 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 49 days — a 3% lower offer ($252k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts since 21y 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 32% 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 49 days. Have you received any prior offers? Is the seller open to a 54% 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
- 2.61%
- Cash-on-cash
- -13.14%
- DSCR
- 0.42
- GRM
- 10.8
CMA / ARV
- ARV (median comp)
- $295,058
- List price
- $259,900
- Delta
- -11.92%
- Verdict
- UNDERPRICED
- Comps
- 4 within 1.0 mi
Projected returns pro-forma
-0.42% appreciation · 5.49% rent growth · sell at horizon
- IRR
- -17.5%
- Equity multiple
- 0.20×
- Total profit
- $-57,862
- Equity at exit
- $70,076
- IRR
- -8.2%
- Equity multiple
- 0.13×
- Total profit
- $-63,380
- Equity at exit
- $80,046
Cash invested: $72,772 (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
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
- $2,009 high interval (Pro) →
- Mortgage (P&I)
- −$1,363
- Tax from tax record
- −$265 /mo · $3,186/yr
- Insurance
- −$108
- HOA
- −$647
- Vacancy / Maint / Mgmt
- −$422
- Net cashflow
- $-797
Break-even live
Sensitivity live
| Price | -10% $-650 | -5% $-723 | +0% $-797 | +5% $-870 | +10% $-944 |
|---|---|---|---|---|---|
| Rent | -10% $-955 | -5% $-876 | +0% $-797 | +5% $-717 | +10% $-638 |
| Rate | -1.0pp $-666 | -0.5pp $-731 | base $-797 | +0.5pp $-864 | +1.0pp $-933 |
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
- $64,975
- Closing costs
- $7,797
- 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 | 3d | 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 | 3d | 11 | 0.21mi |
| 111 S Marquette Ave Minneapolis, MN | 1.0–2.0 | 1.0–2.0 | 970 | $1,516 | $1.56 | 3d | 12 | 0.23mi |
| 205 Park Ave Minneapolis, MN | 1.0–2.0 | 1.0–2.0 | 859 | $1,809 | $2.11 | 8d | 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 |
| 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 | 20d | 9 | 0.35mi |
| 700 S 4th St Minneapolis, MN | 2.0 | 1.0–2.0 | 897 | $2,688 | $2.99 | 2d | 26 | 0.36mi |
| 120 Hennepin Ave Minneapolis, MN | 2.0 | 1.0–2.0 | 960 | $2,590 | $2.70 | 8d | 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 | 2d | 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 | 2d | 9 | 0.46mi |
| 120 N 2nd St Minneapolis, MN | 1.0–2.0 | 1.0–2.5 | 1039 | $1,591 | $1.53 | 2d | 19 | 0.48mi |
| 200 University Ave SE Minneapolis, MN | 3.0 | 1.0–3.0 | 1554 | $3,878 | $2.49 | 2d | 25 | 0.50mi |
| 608 2nd Ave S Minneapolis, MN | 2.0 | 1.0–2.0 | 999 | $1,823 | $1.82 | 3d | 34 | 0.51mi |
| 650 Portland Ave Minneapolis, MN | 2.0 | 1.0–2.0 | 1104 | $2,825 | $2.56 | 3d | 18 | 0.51mi |
| 431 S 7th St #2610 Minneapolis, MN | 1.0 | 1.0 | 430 | $1,250 | $2.91 | 24d | 1 | 0.57mi |
| 431 S 7th St Minneapolis, MN | 1.0 | 1.0 | 430 | $1,250 | $2.91 | 44d | 2 | 0.57mi |
| 431 S 7th St Minneapolis, MN | 1.0 | 1.0 | 430 | $1,250 | $2.91 | 11d | 2 | 0.57mi |
| 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 | 2d | 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 | 44d | 1 | 0.68mi |
| 600 University Ave SE Minneapolis, MN | 1.0–2.0 | 1.0 | 600 | $1,188 | $1.98 | 3d | 13 | 0.68mi |
| 1010 S 7th St Minneapolis, MN | 2.0 | 1.0–2.0 | 834 | $1,928 | $2.31 | 44d | 1 | 0.69mi |
| 337 N Washington Ave Minneapolis, MN | 2.0 | 1.0–2.0 | 796 | $2,114 | $2.65 | 2d | 30 | 0.69mi |
| 609 S 9th St #2 Minneapolis, MN | 1.0 | 1.0 | 600 | $1,095 | $1.82 | 44d | 1 | 0.71mi |
| 90 S 9th St Minneapolis, MN | 2.0 | 1.0 | 838 | $1,650 | $1.97 | 4d | 2 | 0.73mi |
| 20 6th St NE Minneapolis, MN | 2.0 | 1.0–2.0 | 858 | $2,206 | $2.57 | 2d | 9 | 0.73mi |
HOA detail condo
- Monthly dues
- $647 · $7,764/yr
- Likely covers
- water
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 32 events
-
2026-06-18days on market $259,900 Active 49 DOM
-
2026-06-17days on market $259,900 Active 48 DOM
-
2026-06-16days on market $259,900 Active 47 DOM
-
2026-06-15days on market $259,900 Active 46 DOM
-
2026-06-13days on market $259,900 Active 44 DOM
-
2026-06-09days on market $259,900 Active 40 DOM
-
2026-06-08days on market $259,900 Active 39 DOM
-
2026-06-07days on market $259,900 Active 38 DOM
-
2026-06-04days on market $259,900 Active 35 DOM
-
2026-06-03days on market $259,900 Active 34 DOM
-
2026-06-02days on market $259,900 Active 33 DOM
-
2026-06-01days on market $259,900 Active 32 DOM
-
2026-05-31days on market $259,900 Active 31 DOM
-
2026-04-30$259,900 Active 1071-char remark
-
2018-08-21soldstatus $246,000
-
2018-08-15soldstatus $246,000 Sold 501-char remark
Show marketing remark (501 chars)
Ready to move downtown? This turn-key condo has granite, ss appliances, newer back splash, cherry cabinets in open kitchen. Private balcony has skyline views. Bedroom has newer carpet & walk-in closet. Located steps from the river, easy access to light rail, walking distance to numerous local restaurants, bars, theaters, shopping, sports venues & more! Water Works park scheduled to open in 2019 directly across street. Great community amenities within building. Don't miss this opportunity!
-
2018-07-23status Pending 501-char remark
Show marketing remark (501 chars)
Ready to move downtown? This turn-key condo has granite, ss appliances, newer back splash, cherry cabinets in open kitchen. Private balcony has skyline views. Bedroom has newer carpet & walk-in closet. Located steps from the river, easy access to light rail, walking distance to numerous local restaurants, bars, theaters, shopping, sports venues & more! Water Works park scheduled to open in 2019 directly across street. Great community amenities within building. Don't miss this opportunity!
-
2018-07-03historical Contingent - Inspection 501-char remark
Show marketing remark (501 chars)
Ready to move downtown? This turn-key condo has granite, ss appliances, newer back splash, cherry cabinets in open kitchen. Private balcony has skyline views. Bedroom has newer carpet & walk-in closet. Located steps from the river, easy access to light rail, walking distance to numerous local restaurants, bars, theaters, shopping, sports venues & more! Water Works park scheduled to open in 2019 directly across street. Great community amenities within building. Don't miss this opportunity!
-
2018-06-29$250,000 Active 501-char remark
Show marketing remark (501 chars)
Ready to move downtown? This turn-key condo has granite, ss appliances, newer back splash, cherry cabinets in open kitchen. Private balcony has skyline views. Bedroom has newer carpet & walk-in closet. Located steps from the river, easy access to light rail, walking distance to numerous local restaurants, bars, theaters, shopping, sports venues & more! Water Works park scheduled to open in 2019 directly across street. Great community amenities within building. Don't miss this opportunity!
-
2016-04-19soldstatus $213,000
-
2016-04-14soldstatus $213,000 Sold
Show marketing remark (304 chars)
Southern facing condo along the river! Downtown views! The Stone Arch Bridge and riverfront are steps away! Walk to St Anthony Main, Mill City Farmers Market, The Guthrie, Izzy's Ice Cream and more in a matter of minutes! Incoming building next door to be 5 story commercial space and retirement housing.
-
2016-02-05status Pending
Show marketing remark (304 chars)
Southern facing condo along the river! Downtown views! The Stone Arch Bridge and riverfront are steps away! Walk to St Anthony Main, Mill City Farmers Market, The Guthrie, Izzy's Ice Cream and more in a matter of minutes! Incoming building next door to be 5 story commercial space and retirement housing.
-
2016-01-16historical Contingent - Inspection
Show marketing remark (304 chars)
Southern facing condo along the river! Downtown views! The Stone Arch Bridge and riverfront are steps away! Walk to St Anthony Main, Mill City Farmers Market, The Guthrie, Izzy's Ice Cream and more in a matter of minutes! Incoming building next door to be 5 story commercial space and retirement housing.
-
2016-01-04status Active
Show marketing remark (304 chars)
Southern facing condo along the river! Downtown views! The Stone Arch Bridge and riverfront are steps away! Walk to St Anthony Main, Mill City Farmers Market, The Guthrie, Izzy's Ice Cream and more in a matter of minutes! Incoming building next door to be 5 story commercial space and retirement housing.
-
2015-12-23historical
Show marketing remark (304 chars)
Southern facing condo along the river! Downtown views! The Stone Arch Bridge and riverfront are steps away! Walk to St Anthony Main, Mill City Farmers Market, The Guthrie, Izzy's Ice Cream and more in a matter of minutes! Incoming building next door to be 5 story commercial space and retirement housing.
-
2015-10-09status Active
Show marketing remark (304 chars)
Southern facing condo along the river! Downtown views! The Stone Arch Bridge and riverfront are steps away! Walk to St Anthony Main, Mill City Farmers Market, The Guthrie, Izzy's Ice Cream and more in a matter of minutes! Incoming building next door to be 5 story commercial space and retirement housing.
-
2015-10-05historical
Show marketing remark (304 chars)
Southern facing condo along the river! Downtown views! The Stone Arch Bridge and riverfront are steps away! Walk to St Anthony Main, Mill City Farmers Market, The Guthrie, Izzy's Ice Cream and more in a matter of minutes! Incoming building next door to be 5 story commercial space and retirement housing.
-
2015-10-01price $214,900
Show marketing remark (304 chars)
Southern facing condo along the river! Downtown views! The Stone Arch Bridge and riverfront are steps away! Walk to St Anthony Main, Mill City Farmers Market, The Guthrie, Izzy's Ice Cream and more in a matter of minutes! Incoming building next door to be 5 story commercial space and retirement housing.
-
2015-09-02$218,500 Active
Show marketing remark (304 chars)
Southern facing condo along the river! Downtown views! The Stone Arch Bridge and riverfront are steps away! Walk to St Anthony Main, Mill City Farmers Market, The Guthrie, Izzy's Ice Cream and more in a matter of minutes! Incoming building next door to be 5 story commercial space and retirement housing.
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2005-12-08soldstatus $204,414
-
2005-12-03historical
-
2005-12-03$199,500
ⓘ 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
- $24,107
- − Mortgage interest
- −$14,558
- − Property taxes
- −$3,186
- − Insurance
- −$1,300
- − Repairs & maintenance
- −$1,929
- − Management
- −$1,929
- − HOA
- −$7,764
- − Depreciation
- −$7,561
- Taxable loss
- −$14,119
- Est. tax savings @ 24.0%
- +$3,389
- After-tax cash flow
- $-6,172/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
+30.3% since first listed19 events — show timeline
- 2026-04-30 Listed $259,900 NORTHSTARMLS as Distributed by MLS Grid
- 2018-08-21 Sold (Public Records) $246,000 Public Records
- 2018-08-15 Sold (MLS) $246,000 NORTHSTARMLS as Distributed by MLS Grid
- 2018-07-23 Pending — NORTHSTARMLS as Distributed by MLS Grid
- 2018-07-03 Contingent — NORTHSTARMLS as Distributed by MLS Grid
- 2018-06-29 Listed $250,000 NORTHSTARMLS as Distributed by MLS Grid
- 2016-04-19 Sold (Public Records) $213,000 Public Records
- 2016-04-14 Sold (MLS) $213,000 NORTHSTARMLS as Distributed by MLS Grid
- 2016-02-05 Pending — NORTHSTARMLS as Distributed by MLS Grid
- 2016-01-16 Contingent — NORTHSTARMLS as Distributed by MLS Grid
- 2016-01-04 Relisted — NORTHSTARMLS as Distributed by MLS Grid
- 2015-12-23 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
- 2015-10-09 Relisted — NORTHSTARMLS as Distributed by MLS Grid
- 2015-10-05 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
- 2015-10-01 Price Changed $214,900 NORTHSTARMLS as Distributed by MLS Grid
- 2015-09-02 Listed $218,500 NORTHSTARMLS as Distributed by MLS Grid
- 2005-12-08 Sold (MLS) $204,414 NORTHSTARMLS as Distributed by MLS Grid
- 2005-12-03 Listed $199,500 NORTHSTARMLS as Distributed by MLS Grid
- 2005-12-03 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
Property tax history
+1.4%/yrLatest (2025): $3,186 · +2.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…