2210 Aldrich Ave N · Minneapolis, MN
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $888 – $1,650
Heat risk 2/10 · Minimal
- Hot days now (above 99°F)
- 7 days/yr
- Hot days in 30 yrs
- 14 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +25.9/30.0
- ARV discount +15.0/15.0
- DSCR +8.7/10.0
- 1% rule +7.6/10.0
- Rent growth +4.3/5.0
- Livability +3.9/5.0
- Schools +3.5/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$155,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
BACK ON THE MARKET DUE TO BUYER'S FINANCING! House appraised for over list price!!! Welcome to 2210 Aldrich Ave N — an affordable opportunity you don’t see every day. Priced to sell, this 3-bedroom, 2-bath home makes homeownership possible for less than many pay in rent. Step inside to a bright, inviting layout that’s ready for the next family to settle right in. Outside, you’ll love the convenience of a detached 2-car garage—perfect for Minnesota winters, extra storage, or weekend projects. Whether you’re a first-time buyer, looking to downsize, or ready to stop renting and start building equity, this home checks all the boxes: affordable, functional, and move-in ready. At this price, it won’t last—schedule your showing today and make owning a home a reality!
Key facts
- 7,840 sq ft lot
- 2 garage spots
- Built 1904
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.5-bath single-family listed at $156k.
Deal economics
- At list price, monthly cash flow is $382 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $156k).
- Recommended offer: $147k (6.0% below list) — sets the bar for market timing.
- Cap rate 9.2% 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 fast (+7.3%/yr); 133 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 4,651 units permitted in Hennepin County in 2024 (2,443 in 5+ unit buildings).
- This rent runs 39% of the median local income ($60k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
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.
- At projected returns (-3.0% appreciation + 7.3% rent growth), your $44k cash investment doubles in ~8 years — after that, you're playing with house money.
Negotiation context
- It's been on market 68 days — a 6% lower offer ($147k) is reasonable based on typical stale-listing flexibility.
- 16 sale attempts since 33y ago; this cycle's ask has dropped $9k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $80k; list at $156k implies a 95% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1904 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 68 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Built in 1904 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.26% ✓
- Cap rate
- 9.23%
- Cash-on-cash
- 10.50%
- DSCR
- 1.47
- GRM
- 6.6
CMA / ARV
- ARV (median comp)
- $261,853
- List price
- $155,900
- Delta
- -40.46%
- Verdict
- UNDERPRICED
- Comps
- 2 within 1.0 mi
Projected returns pro-forma
-3.0% appreciation · 7.35% rent growth · sell at horizon
- IRR
- 4.6%
- Equity multiple
- 1.19×
- Total profit
- $8,134
- Equity at exit
- $23,245
- IRR
- 17.9%
- Equity multiple
- 2.81×
- Total profit
- $79,076
- Equity at exit
- $13,479
Cash invested: $43,652 (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 55411
- Home prices YoY
- -8.7%
- Rents YoY
- 7.3%
- Active inventory
- 133
- Price-to-rent
- 6.6×
Monthly cashflow live
- Estimated rent
- $1,965 high interval (Pro) →
- Mortgage (P&I)
- −$818
- Tax from tax record
- −$288 /mo · $3,458/yr
- Insurance
- −$65
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$413
- Net cashflow
- $382
Break-even live
Sensitivity live
| Price | -10% $470 | -5% $426 | +0% $382 | +5% $338 | +10% $294 |
|---|---|---|---|---|---|
| Rent | -10% $227 | -5% $304 | +0% $382 | +5% $460 | +10% $537 |
| Rate | -1.0pp $461 | -0.5pp $422 | base $382 | +0.5pp $342 | +1.0pp $301 |
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
- $38,975
- Closing costs
- $4,677
- 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 |
|---|---|---|---|---|---|---|---|---|
| 835 W Broadway Ave Minneapolis, MN | 1.0–2.0 | 1.0–2.0 | 849 | $2,150 | $2.53 | 4d | 7 | 0.25mi |
| 2124 Fremont Ave N Minneapolis, MN | 2.0 | 1.0 | 1050 | $1,580 | $1.50 | 3d | 1 | 0.32mi |
| 2620 Emerson Ave N Minneapolis, MN | 3.0 | 1.0 | 877 | $1,900 | $2.17 | 0d | 1 | 0.41mi |
| 318 N 27th Ave #2 Minneapolis, MN | 3.0 | 1.0 | 1200 | $1,800 | $1.50 | 5d | 1 | 0.43mi |
| 318 N 27th Ave #2 Minneapolis, MN | 3.0 | 1.0 | 1200 | $1,800 | $1.50 | 44d | 1 | 0.43mi |
| 1510 N 22nd Ave #1 Minneapolis, MN | 3.0 | 1.0 | 1500 | $1,875 | $1.25 | 23d | 1 | 0.53mi |
| 1510 N 22nd Ave #1 Minneapolis, MN | 3.0 | 1.0 | 1500 | $1,875 | $1.25 | 5d | 1 | 0.53mi |
| 1523 22nd Ave N Minneapolis, MN | 3.0 | 1.0 | 943 | $1,695 | $1.80 | 15d | 1 | 0.54mi |
| 2900 N Colfax Ave Unit 2 Minneapolis, MN | 2.0 | 1.0 | 1200 | $1,345 | $1.12 | 25d | 1 | 0.54mi |
| 2035 W River Rd Minneapolis, MN | 1.0–4.0 | 2.0 | 1034 | $2,117 | $2.05 | 0d | 12 | 0.57mi |
| 2703 Humboldt Ave N Minneapolis, MN | 3.0 | 1.0 | 1218 | $1,450 | $1.19 | 23d | 1 | 0.62mi |
| 3001 N 3rd St Apt 1 Minneapolis, MN | 2.0 | 1.0 | 900 | $1,250 | $1.39 | 21d | 1 | 0.67mi |
| 1407 N Girard Ave Unit 2 Minneapolis, MN | 2.0 | 1.0 | 1472 | $1,900 | $1.29 | 18d | 1 | 0.73mi |
| 2324 Logan Ave N Minneapolis, MN | 4.0 | 1.5 | 1400 | $2,300 | $1.64 | 45d | 1 | 0.77mi |
| 2000 W Broadway Ave Minneapolis, MN | 2.0 | 1.0 | 952 | $1,350 | $1.42 | 8d | 4 | 0.80mi |
| 3211 N 6th St Unit 2 Minneapolis, MN | 4.0 | 1.0 | 900 | $1,450 | $1.61 | 25d | 1 | 0.80mi |
| 3105 N Girard Ave Unit 2 Minneapolis, MN | 4.0 | 1.0 | 1250 | $2,300 | $1.84 | 25d | 1 | 0.82mi |
| 1429 Knox Ave N Unit 1429 Minneapolis, MN | 4.0 | 1.0 | 1260 | $1,995 | $1.58 | 44d | 1 | 0.85mi |
| 414 N 33rd Ave Unit 2 Minneapolis, MN | 2.0 | 1.0 | 1246 | $1,600 | $1.28 | 44d | 1 | 0.92mi |
| 915 Washington Ave N Minneapolis, MN | 2.0 | 2.0–2.5 | 1215 | $2,549 | $2.10 | 2d | 5 | 0.95mi |
| 107 13th Ave NE Minneapolis, MN | 1.0–2.0 | 1.0–2.0 | 731 | $2,282 | $3.12 | 0d | 9 | 0.95mi |
| 1215 Marshall St NE Minneapolis, MN | 2.0 | 1.0–2.0 | 772 | $2,531 | $3.28 | 4d | 7 | 0.98mi |
| 1507 N Newton Ave Unit 2 Minneapolis, MN | 4.0 | 1.0 | 1068 | $1,499 | $1.40 | 44d | 1 | 0.98mi |
| 2947 Morgan Ave N Minneapolis, MN | 2.0 | 1.0 | 1106 | $1,950 | $1.76 | 0d | 1 | 0.99mi |
| 2947 Morgan Ave N Minneapolis, MN | 2.0 | 1.0 | 1106 | $1,950 | $1.76 | 15d | 1 | 0.99mi |
| 1237 Knox Ave N Unit 1237 Minneapolis, MN | 3.0 | 1.0 | 1196 | $1,900 | $1.59 | 5d | 1 | 1.01mi |
| 815 N 2nd St Minneapolis, MN | 2.0 | 1.0–2.0 | 721 | $2,650 | $3.67 | 2d | 26 | 1.01mi |
| 2211 Queen Ave N Unit 1 Minneapolis, MN | 3.0 | 1.0 | 983 | $1,695 | $1.72 | 18d | 1 | 1.02mi |
| 3114 Morgan Ave N Minneapolis, MN | 4.0 | 2.0 | 1362 | $2,000 | $1.47 | 15d | 1 | 1.05mi |
| 2323 26th Ave N Minneapolis, MN | 2.0 | 1.0 | 807 | $1,717 | $2.13 | 15d | 3 | 1.06mi |
| 730 Washington Ave N Minneapolis, MN | 1.0–2.0 | 1.0 | 913 | $2,750 | $3.01 | 5d | 2 | 1.07mi |
| 3315 James Ave N Minneapolis, MN | 4.0 | 1.0 | 1400 | $2,100 | $1.50 | 5d | 1 | 1.10mi |
| 2411 Golden Valley Rd Unit 2 Minneapolis, MN | 4.0 | 2.0 | 1200 | $2,395 | $2.00 | 15d | 1 | 1.12mi |
| 1030 Knox Ave N Apt 2 Minneapolis, MN | 4.0 | 1.0 | 900 | $2,099 | $2.33 | 44d | 1 | 1.12mi |
| 721 N 3rd St Minneapolis, MN | 3.0 | 1.0–2.0 | 972 | $4,630 | $4.76 | 0d | 12 | 1.12mi |
| 3255 N Logan Ave Unit 2 Minneapolis, MN | 2.0 | 1.0 | 900 | $995 | $1.11 | 18d | 1 | 1.14mi |
| 1025 Main St NE Minneapolis, MN | 2.0 | 1.0–2.0 | 732 | $2,729 | $3.73 | 0d | 22 | 1.14mi |
| 1649 Russell Ave N Unit 2 Minneapolis, MN | 3.0 | 1.0 | 1011 | $1,700 | $1.68 | 0d | 1 | 1.14mi |
| 1649 Russell Ave N Unit 2 Minneapolis, MN | 3.0 | 1.0 | 1011 | $1,700 | $1.68 | 21d | 1 | 1.14mi |
| 829 Marshall St NE Minneapolis, MN | 2.0 | 1.0–2.0 | 697 | $2,495 | $3.58 | 14d | 8 | 1.16mi |
Listing history 45 events
-
2026-05-10status Pending 823-char remark
Show marketing remark (823 chars)
BACK ON THE MARKET DUE TO BUYER'S FINANCING! House appraised for over list price!!! Welcome to 2210 Aldrich Ave N — an affordable opportunity you don’t see every day. Priced to sell, this 3-bedroom, 2-bath home makes homeownership possible for less than many pay in rent. Step inside to a bright, inviting layout that’s ready for the next family to settle right in. Outside, you’ll love the convenience of a detached 2-car garage—perfect for Minnesota winters, extra storage, or weekend projects. Whether you’re a first-time buyer, looking to downsize, or ready to stop renting and start building equity, this home checks all the boxes: affordable, functional, and move-in ready. At this price, it won’t last—schedule your showing today and make owning a home a reality!
-
2026-05-04historical Contingent - Inspection 823-char remark
Show marketing remark (823 chars)
BACK ON THE MARKET DUE TO BUYER'S FINANCING! House appraised for over list price!!! Welcome to 2210 Aldrich Ave N — an affordable opportunity you don’t see every day. Priced to sell, this 3-bedroom, 2-bath home makes homeownership possible for less than many pay in rent. Step inside to a bright, inviting layout that’s ready for the next family to settle right in. Outside, you’ll love the convenience of a detached 2-car garage—perfect for Minnesota winters, extra storage, or weekend projects. Whether you’re a first-time buyer, looking to downsize, or ready to stop renting and start building equity, this home checks all the boxes: affordable, functional, and move-in ready. At this price, it won’t last—schedule your showing today and make owning a home a reality!
-
2026-05-04status Active 823-char remark
Show marketing remark (823 chars)
BACK ON THE MARKET DUE TO BUYER'S FINANCING! House appraised for over list price!!! Welcome to 2210 Aldrich Ave N — an affordable opportunity you don’t see every day. Priced to sell, this 3-bedroom, 2-bath home makes homeownership possible for less than many pay in rent. Step inside to a bright, inviting layout that’s ready for the next family to settle right in. Outside, you’ll love the convenience of a detached 2-car garage—perfect for Minnesota winters, extra storage, or weekend projects. Whether you’re a first-time buyer, looking to downsize, or ready to stop renting and start building equity, this home checks all the boxes: affordable, functional, and move-in ready. At this price, it won’t last—schedule your showing today and make owning a home a reality!
-
2026-05-04historical Contingent - Inspection 823-char remark
Show marketing remark (823 chars)
BACK ON THE MARKET DUE TO BUYER'S FINANCING! House appraised for over list price!!! Welcome to 2210 Aldrich Ave N — an affordable opportunity you don’t see every day. Priced to sell, this 3-bedroom, 2-bath home makes homeownership possible for less than many pay in rent. Step inside to a bright, inviting layout that’s ready for the next family to settle right in. Outside, you’ll love the convenience of a detached 2-car garage—perfect for Minnesota winters, extra storage, or weekend projects. Whether you’re a first-time buyer, looking to downsize, or ready to stop renting and start building equity, this home checks all the boxes: affordable, functional, and move-in ready. At this price, it won’t last—schedule your showing today and make owning a home a reality!
-
2026-04-14price $155,900 823-char remark
Show marketing remark (823 chars)
BACK ON THE MARKET DUE TO BUYER'S FINANCING! House appraised for over list price!!! Welcome to 2210 Aldrich Ave N — an affordable opportunity you don’t see every day. Priced to sell, this 3-bedroom, 2-bath home makes homeownership possible for less than many pay in rent. Step inside to a bright, inviting layout that’s ready for the next family to settle right in. Outside, you’ll love the convenience of a detached 2-car garage—perfect for Minnesota winters, extra storage, or weekend projects. Whether you’re a first-time buyer, looking to downsize, or ready to stop renting and start building equity, this home checks all the boxes: affordable, functional, and move-in ready. At this price, it won’t last—schedule your showing today and make owning a home a reality!
-
2026-04-08status Active 823-char remark
Show marketing remark (823 chars)
BACK ON THE MARKET DUE TO BUYER'S FINANCING! House appraised for over list price!!! Welcome to 2210 Aldrich Ave N — an affordable opportunity you don’t see every day. Priced to sell, this 3-bedroom, 2-bath home makes homeownership possible for less than many pay in rent. Step inside to a bright, inviting layout that’s ready for the next family to settle right in. Outside, you’ll love the convenience of a detached 2-car garage—perfect for Minnesota winters, extra storage, or weekend projects. Whether you’re a first-time buyer, looking to downsize, or ready to stop renting and start building equity, this home checks all the boxes: affordable, functional, and move-in ready. At this price, it won’t last—schedule your showing today and make owning a home a reality!
-
2026-04-05historical Contingent - Inspection 823-char remark
Show marketing remark (823 chars)
BACK ON THE MARKET DUE TO BUYER'S FINANCING! House appraised for over list price!!! Welcome to 2210 Aldrich Ave N — an affordable opportunity you don’t see every day. Priced to sell, this 3-bedroom, 2-bath home makes homeownership possible for less than many pay in rent. Step inside to a bright, inviting layout that’s ready for the next family to settle right in. Outside, you’ll love the convenience of a detached 2-car garage—perfect for Minnesota winters, extra storage, or weekend projects. Whether you’re a first-time buyer, looking to downsize, or ready to stop renting and start building equity, this home checks all the boxes: affordable, functional, and move-in ready. At this price, it won’t last—schedule your showing today and make owning a home a reality!
-
2026-03-28status Active 823-char remark
Show marketing remark (823 chars)
BACK ON THE MARKET DUE TO BUYER'S FINANCING! House appraised for over list price!!! Welcome to 2210 Aldrich Ave N — an affordable opportunity you don’t see every day. Priced to sell, this 3-bedroom, 2-bath home makes homeownership possible for less than many pay in rent. Step inside to a bright, inviting layout that’s ready for the next family to settle right in. Outside, you’ll love the convenience of a detached 2-car garage—perfect for Minnesota winters, extra storage, or weekend projects. Whether you’re a first-time buyer, looking to downsize, or ready to stop renting and start building equity, this home checks all the boxes: affordable, functional, and move-in ready. At this price, it won’t last—schedule your showing today and make owning a home a reality!
-
2026-02-26status Pending 823-char remark
Show marketing remark (823 chars)
BACK ON THE MARKET DUE TO BUYER'S FINANCING! House appraised for over list price!!! Welcome to 2210 Aldrich Ave N — an affordable opportunity you don’t see every day. Priced to sell, this 3-bedroom, 2-bath home makes homeownership possible for less than many pay in rent. Step inside to a bright, inviting layout that’s ready for the next family to settle right in. Outside, you’ll love the convenience of a detached 2-car garage—perfect for Minnesota winters, extra storage, or weekend projects. Whether you’re a first-time buyer, looking to downsize, or ready to stop renting and start building equity, this home checks all the boxes: affordable, functional, and move-in ready. At this price, it won’t last—schedule your showing today and make owning a home a reality!
-
2026-02-17historical Contingent - Inspection 823-char remark
Show marketing remark (823 chars)
BACK ON THE MARKET DUE TO BUYER'S FINANCING! House appraised for over list price!!! Welcome to 2210 Aldrich Ave N — an affordable opportunity you don’t see every day. Priced to sell, this 3-bedroom, 2-bath home makes homeownership possible for less than many pay in rent. Step inside to a bright, inviting layout that’s ready for the next family to settle right in. Outside, you’ll love the convenience of a detached 2-car garage—perfect for Minnesota winters, extra storage, or weekend projects. Whether you’re a first-time buyer, looking to downsize, or ready to stop renting and start building equity, this home checks all the boxes: affordable, functional, and move-in ready. At this price, it won’t last—schedule your showing today and make owning a home a reality!
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2026-02-01$165,000 Active 823-char remark
Show marketing remark (823 chars)
BACK ON THE MARKET DUE TO BUYER'S FINANCING! House appraised for over list price!!! Welcome to 2210 Aldrich Ave N — an affordable opportunity you don’t see every day. Priced to sell, this 3-bedroom, 2-bath home makes homeownership possible for less than many pay in rent. Step inside to a bright, inviting layout that’s ready for the next family to settle right in. Outside, you’ll love the convenience of a detached 2-car garage—perfect for Minnesota winters, extra storage, or weekend projects. Whether you’re a first-time buyer, looking to downsize, or ready to stop renting and start building equity, this home checks all the boxes: affordable, functional, and move-in ready. At this price, it won’t last—schedule your showing today and make owning a home a reality!
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2026-01-07status Active
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2026-01-07historical
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2026-01-03status Pending
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2026-01-03$150,000 Active
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2021-11-16historical
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2021-08-30$175,000 Active
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2020-04-09soldstatus $80,000
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2020-03-17soldstatus $80,000 Sold
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2020-02-24status Pending
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2020-02-17$89,000 Active
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2018-05-25soldstatus $65,000
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2009-07-27historical
-
2009-03-30$14,000
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2003-08-15historical
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2003-05-19$119,900
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2003-05-18historical
-
2003-04-24$124,900
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2003-04-23historical
-
2002-11-25$124,900
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1998-08-26soldstatus $28,000
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1998-07-29soldstatus $28,000
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1998-07-10historical
-
1998-05-07$29,900
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1996-01-10soldstatus $49,000
-
1995-12-15soldstatus $40,000
-
1995-12-15soldstatus $25,000
-
1995-11-30soldstatus $40,000
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1995-07-24historical
-
1995-07-18$49,000
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1995-06-27soldstatus $25,000
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1995-05-19historical
-
1995-04-20$29,900
-
1994-10-21historical
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1993-07-29$29,900
ⓘ 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
- $3,458 · $288/mo
- Projected year-2 tax
- $3,458 · $288/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
- $23,585
- − Mortgage interest
- −$8,733
- − Property taxes
- −$3,458
- − Insurance
- −$780
- − Repairs & maintenance
- −$1,887
- − Management
- −$1,887
- − Depreciation
- −$4,535
- Taxable income
- $2,306
- Est. tax owed @ 24.0%
- −$553
- After-tax cash flow
- $4,031/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)
- 27,741
- Household income
- $60,225
- Rent vs Own
- Severe rent burden
- 1826.0
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 0.68)
- Race & ethnicity
- Black 49% White 23% Two or more races 11% Hispanic / Latino 11% Asian 9%
- Hispanic origin (detail)
- Mexican 7% Puerto Rican 1%
- Common ancestry
- Portuguese 3% Lithuanian 2% Italian 1%
- Foreign-born
- 19% · Canada, Guatemala
- Languages at home
- 68% English-only · Other Asian/Pacific 8% Spanish 8%
Political lean MEDSL · Hennepin
- 2024 margin
- Solid D (+42.6) · D 70.2% · R 27.5% · Other 2.3%
- 2008→2024 swing
- +14.0pp toward D · 2008: 28.6pp · 2024: 42.6pp
- All cycles
- 2024: D+42.6 2020: D+43.2 2016: D+35.3 2012: D+27.1 2008: D+28.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -33.91%
- Current HPI
- 356.6758
- Rent YoY
- ▲ 7.35%
- Metro
- Minneapolis-St. Paul-Bloomington, MN-WI
- State GDP YoY
- ▲ 2.41%
- F500 in state
- 34
Industry mix (Fortune 500 HQ in MN)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Healthcare | 2 | $407B |
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| Retail | 2 | $150B |
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| Consumer Goods | 2 | $32B |
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| Industrial Machinery | 2 | $6B |
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| Agriculture | 1 | $40B |
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| Healthcare / Medical Devices | 1 | $32B |
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Price history
+421.4% since first listed45 events — show timeline
- 2026-05-10 Pending — NORTHSTARMLS as Distributed by MLS Grid
- 2026-05-04 Contingent — NORTHSTARMLS as Distributed by MLS Grid
- 2026-05-04 Relisted — NORTHSTARMLS as Distributed by MLS Grid
- 2026-05-04 Contingent — NORTHSTARMLS as Distributed by MLS Grid
- 2026-04-14 Price Changed $155,900 NORTHSTARMLS as Distributed by MLS Grid
- 2026-04-08 Relisted — NORTHSTARMLS as Distributed by MLS Grid
- 2026-04-05 Contingent — NORTHSTARMLS as Distributed by MLS Grid
- 2026-03-28 Relisted — NORTHSTARMLS as Distributed by MLS Grid
- 2026-02-26 Pending — NORTHSTARMLS as Distributed by MLS Grid
- 2026-02-17 Contingent — NORTHSTARMLS as Distributed by MLS Grid
- 2026-02-01 Listed $165,000 NORTHSTARMLS as Distributed by MLS Grid
- 2026-01-07 Relisted — NORTHSTARMLS as Distributed by MLS Grid
- 2026-01-07 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
- 2026-01-03 Pending — NORTHSTARMLS as Distributed by MLS Grid
- 2026-01-03 Listed $150,000 NORTHSTARMLS as Distributed by MLS Grid
- 2021-11-16 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
- 2021-08-30 Listed $175,000 NORTHSTARMLS as Distributed by MLS Grid
- 2020-04-09 Sold (Public Records) $80,000 Public Records
- 2020-03-17 Sold (MLS) $80,000 NORTHSTARMLS as Distributed by MLS Grid
- 2020-02-24 Pending — NORTHSTARMLS as Distributed by MLS Grid
- 2020-02-17 Listed $89,000 NORTHSTARMLS as Distributed by MLS Grid
- 2018-05-25 Sold (Public Records) $65,000 Public Records
- 2009-07-27 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
- 2009-03-30 Listed $14,000 NORTHSTARMLS as Distributed by MLS Grid
- 2003-08-15 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
- 2003-05-19 Listed $119,900 NORTHSTARMLS as Distributed by MLS Grid
- 2003-05-18 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
- 2003-04-24 Listed $124,900 NORTHSTARMLS as Distributed by MLS Grid
- 2003-04-23 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
- 2002-11-25 Listed $124,900 NORTHSTARMLS as Distributed by MLS Grid
- 1998-08-26 Sold (Public Records) $28,000 Public Records
- 1998-07-29 Sold (MLS) $28,000 NORTHSTARMLS as Distributed by MLS Grid
- 1998-07-10 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
- 1998-05-07 Listed $29,900 NORTHSTARMLS as Distributed by MLS Grid
- 1996-01-10 Sold (MLS) $49,000 NORTHSTARMLS as Distributed by MLS Grid
- 1995-12-15 Sold (Public Records) $25,000 Public Records
- 1995-12-15 Sold (Public Records) $40,000 Public Records
- 1995-11-30 Sold (Public Records) $40,000 Public Records
- 1995-07-24 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
- 1995-07-18 Listed $49,000 NORTHSTARMLS as Distributed by MLS Grid
- 1995-06-27 Sold (MLS) $25,000 NORTHSTARMLS as Distributed by MLS Grid
- 1995-05-19 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
- 1995-04-20 Listed $29,900 NORTHSTARMLS as Distributed by MLS Grid
- 1994-10-21 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
- 1993-07-29 Listed $29,900 NORTHSTARMLS as Distributed by MLS Grid
Property tax history
+8.1%/yrLatest (2025): $3,458 · +41.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…