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2210 Aldrich Ave N
B Composite 71.39
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

2210 Aldrich Ave N · Minneapolis, MN 55411
3 bd · 1.5 ba · 1,101 sqft · SingleFamily public records · 68 Days on market
Built 1904 7,840 sqft lot $142/sqft · 28% below area Est $262k · 40% under

🖨 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

DETACHED 2-CAR GARAGEMOVE-IN-READY OPPORTUNITYBRIGHT INVITING LAYOUT

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 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.
Recommended offer $146,546 (6.0% below list)

Questions for the listing agent

  1. 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?
  2. Built in 1904 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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.
  7. 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.
  8. 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

5-year hold
IRR
4.6%
Equity multiple
1.19×
Total profit
$8,134
Equity at exit
$23,245
10-year hold
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
Tenant Opportunity to Purchase; renter's protections.

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

Break-even rent $1,482
Max offer price $155,900
Occupancy floor 76%

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

AddressBedsBaths SqftRent$/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

  1. 2026-05-10
    status 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!

  2. 2026-05-04
    historical 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!

  3. 2026-05-04
    status 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!

  4. 2026-05-04
    historical 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!

  5. 2026-04-14
    price $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!

  6. 2026-04-08
    status 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!

  7. 2026-04-05
    historical 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!

  8. 2026-03-28
    status 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!

  9. 2026-02-26
    status 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!

  10. 2026-02-17
    historical 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!

  11. 2026-02-01
    listed $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!

  12. 2026-01-07
    status Active
  13. 2026-01-07
    historical
  14. 2026-01-03
    status Pending
  15. 2026-01-03
    listed $150,000 Active
  16. 2021-11-16
    historical
  17. 2021-08-30
    listed $175,000 Active
  18. 2020-04-09
    soldstatus $80,000
  19. 2020-03-17
    soldstatus $80,000 Sold
  20. 2020-02-24
    status Pending
  21. 2020-02-17
    listed $89,000 Active
  22. 2018-05-25
    soldstatus $65,000
  23. 2009-07-27
    historical
  24. 2009-03-30
    listed $14,000
  25. 2003-08-15
    historical
  26. 2003-05-19
    listed $119,900
  27. 2003-05-18
    historical
  28. 2003-04-24
    listed $124,900
  29. 2003-04-23
    historical
  30. 2002-11-25
    listed $124,900
  31. 1998-08-26
    soldstatus $28,000
  32. 1998-07-29
    soldstatus $28,000
  33. 1998-07-10
    historical
  34. 1998-05-07
    listed $29,900
  35. 1996-01-10
    soldstatus $49,000
  36. 1995-12-15
    soldstatus $40,000
  37. 1995-12-15
    soldstatus $25,000
  38. 1995-11-30
    soldstatus $40,000
  39. 1995-07-24
    historical
  40. 1995-07-18
    listed $49,000
  41. 1995-06-27
    soldstatus $25,000
  42. 1995-05-19
    historical
  43. 1995-04-20
    listed $29,900
  44. 1994-10-21
    historical
  45. 1993-07-29
    listed $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

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Walkable amenities ~0.75 mi

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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
combined federal + state — saved on this device
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

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)
27,741
Household income
$60,225
Rent vs Own
47.3% rent · 52.7% 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

Price history

+421.4% since first listed
45 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%/yr

Latest (2025): $3,458 · +41.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…