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401 2nd St Unit 5104, Minneapolis, MN, 55401

$699,000

Home List Price

$8,301*

Closing Credit

2 Bedrooms
2 Full Baths
2,412 SqFt
$290/SqFt
Condo
Schools Nearby

Location

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401 2nd St Unit 5104, Minneapolis$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached Garage, Concrete, Electric, Electric Vehicle Charging Station(s), Garage Door Opener, Guest Parking, Heated Garage, Insulated Garage, Other, Parking Garage, Secured, Underground
Attached Garage2 spaces
Year Built2005
HeatingBaseboard, Radiant
CoolingCentral Air
MLS #6498799
StatusActive

About 401 2nd St Unit 5104

Sunny east-facing unit with open floor plan! One of the largest plans in the building! Immaculate 2 bedroom PLUS den (den has French doors for privacy plus Murphy bed and built-in desk) with 2 car parking and views towards downtown! Full bath off the primary suite with walk thru closets, HUGE 2nd bedroom closet, Murphy bed in office for potential 3rd bedroom. Over 2400 sq. ft! the only floor plan that has windows to the east and west for tons of natural light all day! Hardwood floors, freshly painted in Jan 2024! Huge laundry room, front entry, and a gourmet kitchen! Open floor plan, private patio with views of the city! Association has dog run, 2 community rooms, rooftop patio, 2 workout rooms...professionally managed and all the updates! Building has had new roof, 2 workout facilities with new equipment plus a Peloton, 2 new building AC units, new rooftop sun shades on 7th floor. Electric car charging stations on P1, and so much more!

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Living Area: 2,412 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Assigned, Attached Garage, Concrete, Electric, Electric Vehicle Charging Station(s), Garage Door Opener, Guest Parking, Heated Garage, Insulated Garage, Other, Parking Garage, Secured, Underground

Utilities

Utilities Information:

  • Heating: Baseboard, Radiant
  • 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 Ave to 5th Ave - go North and is on the corner...Main lobby is at 401 North 2nd Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000
  • Price Per SqFt: $290/SqFt

HOA Fees:

  • Amount: $1126
  • 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 5104 vs Minneapolis

51 DAYS ON ROCKET

+24 Days

$699,000

+$355.3K More

$290/SqFt

+$88 More

KEY TAKEAWAY

This property is $355.3K more than the Median Sold Price and $88/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: #6498799

Listing Office:

  • Office Name: Edina Realty, Inc.

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Property Sales & Tax

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$4,682

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

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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-4557231
2
/10

  • Northeast Middle School

  • 2955 Hayes St NE

  • 3.12 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-4557232
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. The majority of families are single, no kids. Most 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 5104

What is the listing price of this property?

The listing price of 401 2nd St Unit 5104 property is $699,000.

What type of property is this?

The property 401 2nd St Unit 5104 is a condo located in Minneapolis, Minnesota, 55401.

Is this property for sale now?

Active Listing: 401 2nd St Unit 5104 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 5104 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 5104 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 401 2nd St Unit 5104 is 2,412 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 401 2nd St Unit 5104 is 2005.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55401›401 2nd St Unit 5104

This home is located at 401 2nd St Unit 5104 in Minneapolis, MN and zip code 55401 in the North Loop neighborhood. This 2,412 square foot home was built in 2005. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 11, 2024 and is currently priced at $699,000.

In April 2024 more than 519 listings in Minneapolis, MN were sold above the asking price. During the same period more than 228 listings were sold at asking price, while more than 337 were sold below. The number of listings 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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