29 days on rocket

401 2nd St Unit 405, Minneapolis, MN, 55401

$439,000

Home List Price

$5,213*

Closing Credit

2 Bedrooms
1 Full Bath
1,438 SqFt
$305/SqFt
Condo
Schools Nearby

Location

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401 2nd St Unit 405, Minneapolis$439,000

Buyer Closing Credits

$5,213*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached Garage, Covered, Electric Vehicle Charging Station(s), Garage Door Opener, Guest Parking, Heated Garage, Secured, Underground
Attached Garage1 space
Year Built2005
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceGas
MLS #6512364
StatusActive

About 401 2nd St Unit 405

Prime North Loop location in highly desired 5th Ave Lofts. Open floor plan with updates including all new tile backsplash, laundry/mudroom shelving and cabinets, updated lighting and recently freshly painted. Be sure to check out rooftop deck (7th flr) and community/fitness rooms (5th flr), other community spaces on Lower Level of Security Warehouse Loft all of which have been recently updated. Enjoy the North Loop's vibrant neighborhood with easy access to highways, walk to river, parks, shops and amazing restaurant choices all within a few blocks.

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Living Area: 1,438 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Stainless Steel Appliances
  • Basement: Yes
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Assigned, Attached Garage, Covered, Electric Vehicle Charging Station(s), Garage Door Opener, Guest Parking, Heated Garage, Secured, Underground

Utilities

Utilities Information:

  • Heating: Forced Air
  • 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: Washington to 3rd Ave N to 2nd, Just over bridge.

Price Information

Listing Price Info

Price Summary:

  • List Price: $439,000
  • Price Per SqFt: $305/SqFt

HOA Fees:

  • Amount: $728
  • 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

$343.6K

Med. Price/SqFt

$201

Avg. Days On Market

27

# of Sold Homes

1085

401 2nd St Unit 405 vs Minneapolis

29 DAYS ON ROCKET

+2 Days

$439,000

+$95.3K More

$305/SqFt

+$103 More

KEY TAKEAWAY

This property is $95.3K more than the Median Sold Price and $103/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: #6512364

Listing Office:

  • Office Name: Coldwell Banker Realty

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Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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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-4474626
2
/10

  • Northeast Middle School

  • 2955 Hayes St NE

  • 3.12 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-4474627
2
/10

  • Edison High School

  • 700 22nd Ave NE

  • 1.91 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 $101,546. The most common annual income of people living in Minneapolis, MN is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 401 2nd St Unit 405

What is the listing price of this property?

The listing price of 401 2nd St Unit 405 property is $439,000.

What type of property is this?

The property 401 2nd St Unit 405 is a condo located in Minneapolis, Minnesota, 55401.

Is this property for sale now?

Active Listing: 401 2nd St Unit 405 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 401 2nd St Unit 405 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 401 2nd St Unit 405 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 401 2nd St Unit 405 is 1,438 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 401 2nd St Unit 405 is 2005.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55401›401 2nd St Unit 405

This home is located at 401 2nd St Unit 405 in Minneapolis, MN and zip code 55401 in the North Loop neighborhood. This 1,438 square foot home was built in 2005. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 02, 2024 and is currently priced at $439,000.

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 inventory of homes for sale in Minneapolis, MN between March 2024 and April 2024 increased by 15.8%. 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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