3 months on rocket

1240 2nd St Unit 601, Minneapolis, MN, 55415

$775,000

Home List Price

$9,203*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,909 SqFt
$406/SqFt
Condo
Schools Nearby

Location

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1240 2nd St Unit 601, Minneapolis$775,000

Buyer Closing Credits

$9,203*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Guest Parking, Heated Garage, Insulated Garage, Storage, Tuckunder Garage
Garage2 spaces
Year Built2018
HeatingZoned
CoolingCentral Air
BasementYes
MLS #6473850
StatusActive

About 1240 2nd St Unit 601

Premium Corner Unit with Panoramic Views of the City. Lots of Windows, Balcony, 10 Ft Ceilings, Bright Open and Spacious Floor Plan. Professionally Managed with Concierge and Security Service, Business Center, Weight and Exercise Room, Golf Simulator, Party Room/Entertainment, Sauna, Outdoor Hot tub and Pool, Dog Run, Dog Wash, Private Playground, Assigned Heated Parking/Guests Parking and Storage Unit. Wonderful Opportunity to Live in Downtown Minneapolis. Close to Theatre's, Stadiums, Parks, Restaurants, Night Life, Walkability, Conveniently Located Near Highways. No Shovels, No Maintenance with Great Amenities!

Property Details

Property Features

Property Information:

  • Year Built: 2018
  • Living Area: 1,909 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Basement: Yes

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, Guest Parking, Heated Garage, Insulated Garage, Storage, Tuckunder Garage

Utilities

Utilities Information:

  • Heating: Zoned
  • 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: South of the Gutherie

Price Information

Listing Price Info

Price Summary:

  • List Price: $775,000
  • Price Per SqFt: $406/SqFt

HOA Fees:

  • Amount: $980
  • Frequency: Monthly
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Housing Market Comparison

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

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Minneapolis, MN

City

Med. Sold Price

$341.2K

Med. Price/SqFt

$201

Avg. Days On Market

38

# of Sold Homes

862

1240 2nd St Unit 601 vs Minneapolis

103 DAYS ON ROCKET

+65 Days

$775,000

+$433.7K More

$406/SqFt

+$204 More

KEY TAKEAWAY

This property is $433.7K more than the Median Sold Price and $204/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: #6473850

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 4/28/2024, 8:22:15 PM 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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Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-2572762
2
/10

  • Northeast Middle School

  • 2955 Hayes St NE

  • 3.24 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2572763
2
/10

  • Edison High School

  • 700 22nd Ave NE

  • 2.29 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $107,721. Typical income of Minneapolis, MN residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1240 2nd St Unit 601

What is the listing price of this property?

The listing price of 1240 2nd St Unit 601 property is $775,000.

What type of property is this?

The property 1240 2nd St Unit 601 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Active Listing: 1240 2nd St Unit 601 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 601 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 601 has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1240 2nd St Unit 601 is 1,909 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1240 2nd St Unit 601 is 2018.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›1240 2nd St Unit 601

This home is located at 1240 2nd St Unit 601 in Minneapolis, MN and zip code 55415 in the Downtown East neighborhood. This 1,909 square foot home was built in 2018. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 16, 2024 and is currently priced at $775,000.

In March 2024 more than 380 listings in Minneapolis, MN were sold above the asking price. During the same period more than 165 listings were sold at asking price, while more than 317 were sold below. The inventory of homes for sale in Minneapolis, MN between February 2024 and March 2024 increased by 15.5%. In March 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $341,287.

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

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