Dooralytics
Minneapolis › East Phillips

East Phillips

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

Compare with other neighborhoods →

Neighborhood profile

Listings we track
2
Median price per unit
$141K
Typical cash flow
−$184
median per month, 20% down
Crime, last 12 months
89 per 1,000
437 incidents · +5% vs. prior year
Renter households
54%
Median gross rent
$1,098
all unit sizes
Median household income
$64K
Rent rules
No cap
Rents can reset to market at renewal

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 1 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.

  1. 1811 E 28th St rough −$94/mo
  2. 2800 Cedar Ave S rough −$274/mo

Best long-term

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

  1. 1811 E 28th St rough 2.10× stocks
  2. 2800 Cedar Ave S rough 1.47× stocks

Value-add

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

Nothing flagged as value-add.

Proceed with caution

Decent numbers, serious flags.

Nothing here right now.

All listings

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

  1. 1811 E 28th St

    $284,900 · 2 units · Rough rents
    Close
    Cash flow −$94/mo Cap 6.0% Break-even price $267K Yr 30 vs stocks 2.10× Positive in yr 4

  2. 2800 Cedar Ave S

    $280,000 · 2 units · Rough rents
    Close
    Cash flow −$274/mo Cap 5.2% Break-even price $229K Yr 30 vs stocks 1.47× Positive in yr 9

Monthly cash flow

−$500$0break-even1811 E 28th St−$942800 Cedar Ave S−$274

What's changing

Nothing curated for this neighborhood yet.