2 months on rocket

1240 2nd St Unit 1601, Minneapolis, MN, 55415

$1,149,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
2,422 SqFt
$474/SqFt
Condo
Schools Nearby

Location

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1240 2nd St Unit 1601, Minneapolis$1,149,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Garage Door Opener, Guest Parking, Heated Garage, Insulated Garage, Underground
Garage2 spaces
Year Built2018
HeatingBaseboard
CoolingCentral Air
MLS #6489863
StatusActive

About 1240 2nd St Unit 1601

Nestled in the heart of the Mill District, this sleek and stylish 2 bed + den condo represents the epitome of modern city living. Step inside and be amazed by south and east facing windows that flood the space with natural light. The open-concept living and dining area provide the ideal space for entertaining guests or relaxing after a long day. The gorgeous chef's kitchen features high-end appliances, sleek cabinetry, an elegant backsplash and ample storage and counter space. Retreat to your luxurious main bedroom complete with private en-suite bathroom and walk-in closet. The natural light in the second bedroom and bathroom make this property perfect for hosting overnight guests. Enjoy an array of top notch building amenities including a fitness center, weight rm, pool, hot tub, sauna, game rm, golf simulator and community room perfect for hosting events. Don't miss this incredible opportunity to own a piece of the Mill District - schedule your private showing today!

Property Details

Property Features

Property Information:

  • Year Built: 2018
  • Living Area: 2,422 SqFt

Listing Office:

  • Office Name: eXp Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Assigned, Garage Door Opener, Guest Parking, Heated Garage, Insulated Garage, Underground

Virtual/3D Tour

  • 3D Tour: 1240 2nd St Unit 1601

3D Tour

Lot Features

Lot Information:

  • Lot: Few Trees, Zero Lot Line

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Edison High School, Public District Grades 9-12
  • Northeast Middle School, Public Magnet Grades 6-8

Other

Directions Information:

  • Directions: From 35W go West on Washington Ave, North to 11th Ave, East to 2nd St to 1240 S 2nd St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,149,000
  • Price Per SqFt: $474/SqFt

HOA Fees:

  • Amount: $1282
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

Med. Sold Price

$343.6K

Med. Price/SqFt

$201

Avg. Days On Market

27

# of Sold Homes

1085

1240 2nd St Unit 1601 vs Minneapolis

85 DAYS ON ROCKET

+58 Days

$1,149,000

+$805.3K More

$474/SqFt

+$272 More

KEY TAKEAWAY

This property is $805.3K more than the Median Sold Price and $272/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6489863

Listing Office:

  • Office Name: eXp Realty

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Last updated on: 5/11/2024, 12:52:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$7,084

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,511

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-10323212
2
/10
  • Northeast Middle School

  • 2955 Hayes St NE

  • 3.24 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-10323213
2
/10
  • Edison High School

  • 700 22nd Ave NE

  • 2.29 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $107,721. The majority of Minneapolis, MN residents have income between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1240 2nd St Unit 1601

What is the listing price of this property?

The listing price of 1240 2nd St Unit 1601 property is $1,149,000.

What type of property is this?

The property 1240 2nd St Unit 1601 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Active Listing: 1240 2nd St Unit 1601 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1240 2nd St Unit 1601 are:
Northeast Middle School: GreatSchools Rating 2/10
Edison High School: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 1240 2nd St Unit 1601 has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1240 2nd St Unit 1601 is 2,422 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1240 2nd St Unit 1601 is 2018.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›1240 2nd St Unit 1601

This home is located at 1240 2nd St Unit 1601 in Minneapolis, MN and zip code 55415 in the Downtown East neighborhood. This 2,422 square foot home was built in 2018. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 15, 2024 and is currently priced at $1,149,000.

In April 2024, from all listings sold in Minneapolis, MN there were more than 519 sold above asking price, over 337 sold below and more than 228 were sold right at the asked price. The number of homes for sale in Minneapolis, MN increased by 15.8% between March 2024 and April 2024. In April 2024 median list price was $343,683 and the average listing age was 27 days.

From Rocket Homes Real Estate and based on county public records data.

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