Central

Minneapolis neighborhood. Every 2–4 unit listing here, run through the same numbers at 20% down and 7%.

Neighborhood profile

Listings we track: 8
Median price per unit: $181K
Typical cash flow: −$412
Crime, last 12 months: 50 per 1,000
Renter households: 44%
Median gross rent: $1,395
Median household income: $91K
Rent rules: No cap

Minneapolis police incidents, all reported offenses (definitions differ from St. Paul's, so don't compare across cities). Per-resident rates use 2020 Census population. Census figures: ACS 2020–2024 5-year, combining 4 tract(s) centered in this neighborhood; medians are household-weighted averages of tract medians.

Map

Top picks

Ranked on real rent estimates (RentCast comparables or our own research). Listings with a serious red flag are under Proceed with caution instead, however good the numbers look.

None yet with verified rents. Every listing here is ranked on rough rent estimates for now (tagged “rough” below); RentCast estimates for the best leads arrive over the next few nights.

Ways to slice it

Best cash flow now

Monthly cash flow at 20% down.

3605 S 3rd Ave rough $131/mo
3018 Chicago Ave serious flag rough −$154/mo
3620 3rd Ave S rough −$263/mo
3033 Park Ave S rough −$303/mo
3322 Clinton Ave rough −$521/mo

+ 2 more in the full list below

Best long-term

Year-30 wealth vs. the same money in stocks.

3605 S 3rd Ave rough 2.73× stocks
3018 Chicago Ave serious flag rough 2.20× stocks
3620 3rd Ave S rough 1.92× stocks
3033 Park Ave S rough 1.72× stocks
3322 Clinton Ave rough 1.23× stocks

+ 2 more in the full list below

Value-add

Under-rented, needs work, or room to negotiate.

3605 S 3rd Ave rough The seller bought for $166,500 in Jan 2014, so they can take a lower offer and still come out well ahead.
3033 Park Ave S rough Long time on market: room to negotiate.
3327 Oakland Ave rough Long time on market: room to negotiate.

Proceed with caution

Decent numbers, serious flags.

3018 Chicago Ave rough Property taxes have been delinquent since 2025.

Needs more info

Left out of the rankings until a data problem is resolved.

3116 Columbus Ave The city's rental license covers 1 unit(s); this analysis counts 2.

All listings

8 listings. Filter by price or units, or switch the down payment.

3605 S 3rd Ave

$389,900 · 3 units · Rough rents

Cash flows
Cash flow $131/mo Cap 6.8% Break-even price $414K Yr 30 vs stocks 2.73× Positive in yr 1
3033 Park Ave S

$430,000 · 3 units · Rough rents

Close
Cash flow −$303/mo Cap 5.5% Break-even price $373K Yr 30 vs stocks 1.72× Positive in yr 7
3018 Chicago Ave

$584,900 · 3 units · Rough rents

Close
Cash flow −$154/mo Cap 6.1% Break-even price $556K Yr 30 vs stocks 2.20× Positive in yr 3

Property taxes have been delinquent since 2025. Expect penalties and a payoff at closing; ask why.
3620 3rd Ave S

$499,000 · 3 units · Rough rents

Close
Cash flow −$263/mo Cap 5.8% Break-even price $450K Yr 30 vs stocks 1.92× Positive in yr 5
3322 Clinton Ave

$399,900 · 2 units · Rough rents

Overpriced
Cash flow −$521/mo Cap 4.8% Break-even price $302K Yr 30 vs stocks 1.23× Positive in yr 12
3327 Oakland Ave

$339,000 · 2 units · Rough rents

Overpriced
Cash flow −$712/mo Cap 3.9% Break-even price $205K Yr 30 vs stocks 0.76× Positive in yr 22
3129 Clinton Ave

$385,000 · 2 units · Rough rents

Far off
Cash flow −$932/mo Cap 3.5% Break-even price $210K Yr 30 vs stocks 0.65× Positive in yr 26
3116 Columbus Ave

$434,900 · 2 units · Rough rents

Overpriced
Cash flow −$757/mo Cap 4.3% Break-even price $293K Yr 30 vs stocks 0.95× Positive in yr 17

Needs more info: The city's rental license covers 1 unit(s); this analysis counts 2.

Monthly cash flow

What's changing

Nothing curated for this neighborhood yet.