1 month on rocket

150 Portland Ave Unit 701, Minneapolis, MN, 55401

$5,995,000

4 Bedrooms
1 Full Bath
5,776 SqFt
$1,038/SqFt
Condo
Schools Nearby

Location

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Property Highlights

Home TypeCondominium
ParkingAttached Garage, Heated Garage, Secured, Underground
Attached Garage4 spaces
Year Built2007
HeatingHot Water
CoolingCentral Air
WaterfrontRiver View
ViewRiver
MLS #6468331
StatusActive

About 150 Portland Ave Unit 701

Located in the historic The Whitney Landmark Residences, this 4BR, 5BA custom loft spans 5,776 sq ft, blending historical elegance with modern luxury. The unit features four en-suite bedrooms, a fitness center, an office, a powder bathroom, flex loft space, and the star of the show, a steel mezzanine and a glass solarium inspired by London's Crystal Palace, which brings the outdoors in. With handcrafted industrial textures and custom finishes, this loft offers panoramic river views and a unique living experience on the Minneapolis Riverfront. High-end furnishings, top-of-the-line appliances, and refined details enhance the space's luxurious ambiance. This unique loft has four premium, heated, secured parking spots and two storage rooms, improving convenience and security. Located steps from serene river walking paths, lush neighborhood parks, the iconic Guthrie Theater, and various cafes and restaurants, this property offers an unparalleled lifestyle.

Property Details

Property Features

Property Information:

  • Year Built: 2007
  • Living Area: 5,776 SqFt

Listing Office:

  • Office Name: DRG

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: River View
  • View: River

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Heated Garage, Secured, Underground

Utilities

Utilities Information:

  • Heating: Hot Water
  • 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: 35W to Washington Ave to Portland Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,995,000
  • Price Per SqFt: $1,038/SqFt

HOA Fees:

  • Amount: $5215
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $8,159
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$341.2K

Med. Price/SqFt

$201

Avg. Days On Market

38

# of Sold Homes

862

150 Portland Ave Unit 701 vs Minneapolis

39 DAYS ON ROCKET

+1 Day

$5,995,000

+$5.6M More

$1,038/SqFt

+$836 More

KEY TAKEAWAY

This property is $5.6M more than the Median Sold Price and $836/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: #6468331

Listing Office:

  • Office Name: DRG

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Property Sales & Tax

Listing History

Nov 05, 2019Home Sold
$2,750,000
Sep 25, 2008Home Sold
$1,150,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,159$588,000
2019$8,836$588,000
2018$9,097$588,000
2017$8,457$549,600

History based on county public records data.

Payment Calculator

$35.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$18K

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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-2266636
2
/10
  • Northeast Middle School

  • 2955 Hayes St NE

  • 3.14 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2266637
2
/10
  • Edison High School

  • 700 22nd Ave NE

  • 2.06 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,167. Residents of Minneapolis, MN typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 150 Portland Ave Unit 701

What is the listing price of this property?

The listing price of 150 Portland Ave Unit 701 property is $5,995,000.

What type of property is this?

The property 150 Portland Ave Unit 701 is a condo located in Minneapolis, Minnesota, 55401.

Is this property for sale now?

Active Listing: 150 Portland Ave Unit 701 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 150 Portland Ave Unit 701 are:
Northeast Middle School: GreatSchools Rating 2/10
Edison High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,159 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 5, 2019 for $2,750,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 150 Portland Ave Unit 701 has 4 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 150 Portland Ave Unit 701 is 5,776 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 150 Portland Ave Unit 701 is 2007.
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Rocket Homes›Minnesota›Hennepin County›Minneapolis›55401›150 Portland Ave Unit 701

This home is located at 150 Portland Ave Unit 701 in Minneapolis, MN and zip code 55401 in the Central neighborhood. This 5,776 square foot home was built in 2007. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 20, 2024 and is currently priced at $5,995,000.

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. In March 2024 in Minneapolis, MN there were 15.5% more homes for sale than in February 2024. While the average time on the market in March 2024 was 38 days, the median list price was $341,287.

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

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