Real Estate Investing in Minneapolis, Minnesota (55412)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55412 (Minneapolis, MN)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Flat appreciation: Values have barely moved over 5 years (1.3% CAGR).
What’s happening in Minneapolis, MN (55412)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 55412 Minneapolis
ZIP 55412 in Minneapolis, MN carries a impressive set of headwinds. Home values near $238K and rents of $1,700/mo sit inside a market where underwriting has to be tight.
In practical terms, the numbers look inviting — $238K purchase price, 0.0% nominal cap — the work to hit that pro forma in 55412 is substantial and deserves full respect.
Statewide comparisons place 55412 among MN's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Who lives in 55412 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Minneapolis:
Property Strategy for 55412
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $148,607 | $1,450 | 7.0% | +2.6% | $148,607 |
| 2BR | $197,287 | $1,760 | 6.4% | +3.1% | $98,644 |
| 3BR | $238,579 | $2,330 | 7.0% | +3.1% | $79,526 |
| 4BR | $261,889 | $2,610 | 7.2% | +3.4% | $65,472 |
| 5BR | $275,555 | — | — | +3.7% | $55,111 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 55412 Compare?
| Metric | 55412 | Minneapolis | Minnesota |
|---|---|---|---|
| Home Value | $238,220 | $291,832 | $340,597 |
| 5-Year CAGR | 1.3% | 1.0% | 4.9% |
| Avg Rent | $1,700 | $1,706 | - |
| Cap Rate | 5.6% | 4.3% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 55412 (Minneapolis, MN). Anonymous, moderated, never written by AI.
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Property managers serving Hennepin County
Manage rentals here? List your business →JJS Property Management of Central Minnesota offers a wide choice of apartments in various areas including Avon, Buffalo, Milaca, Monticello, Royalton, Sartell, Sauk Rapids, St. Cloud, and St. Joseph. summary from their website
MGM Property Management, LLC provides property management services for rental properties, homeowner associations, and commercial tenants in the Twin Cities, Rochester, and St. Cloud areas. summary from their website
Simply Residential Property Management offers expert management of single-family, condominiums, and multi-family dwellings throughout the Twin Cities. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $238,220 |
| Monthly Rent | $1,700 |
| Price-to-Rent | 11.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.6% |
| Cap Rate | 5.6% |
| 5-Year IRR | 6.9% |
📈 Home Appreciation
| 1-Year | +4.8% ▲ |
| 3-Year CAGR | +2.4% ▲ |
| 5-Year CAGR | +1.3% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 Rent Trends
| 1-Year | -0.9% ▼ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 55412
Population: 26,182
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 55412
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
North High
OLSON MIDDLE
PILLSBURY ELEMENTARY
BETHUNE ELEMENTARY
Hall Academy Elementary
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 3,134 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the average home sale price in Minneapolis, MN?
Expect median prices around $238K in Minneapolis, MN. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
Does house hacking make sense in Minneapolis, MN?
House hacking in Minneapolis, MN is reasonable to execute. Prices around $238K and rents of $1,700/mo solid owner-occupant economics.
What strategy should investors use in Minneapolis, MN?
A careful cash-flow rentals with hands-on management strategy Minneapolis, MN best. The market produces reliable results for that approach at the $238K price point.
Is Minneapolis, MN good for landlords?
For rental operators, Minneapolis, MN rates as balanced. The regulatory environment standard buy-and-hold operations.
What monthly rent should investors expect in Minneapolis, MN?
Average rent in Minneapolis, MN is approximately $1,700/mo per month. Against $238K home values that yields a reasonable rent-to-price ratio.
You know 55412 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 55412 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 55412 ranks in Minneapolis-St. Paul-Bloomington, MN-WI
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