9 days on rocket

740 Portland Ave Unit 1006, Minneapolis, MN, 55415

$409,900

Home List Price

$4,868*

Closing Credit

2 Bedrooms
1 Full Bath
1,176 SqFt
$349/SqFt
Condo
Schools Nearby

Location

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740 Portland Ave Unit 1006, Minneapolis$409,900

Buyer Closing Credits

$4,868*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached Garage, Electric Vehicle Charging Station(s), Secured, Underground
Attached Garage1 space
Year Built2016
HeatingForced Air
CoolingCentral Air
MLS #6520967
StatusActive

About 740 Portland Ave Unit 1006

Charming 2 bedroom condo on the 10th floor in Portland Towers can't be missed. The open floor plan flows smoothly from kitchen to breakfast nook to living room. The balcony is ideal for grilling and enjoying dinner, or enjoying a morning coffee while the city wakes up. Kitchen features stainless steel appliances, built in wine fridge, center island, tile backsplash, and abundant storage, including drawers cleverly built under the bench in the breakfast bar. Owner's suite includes plush carpeting, walk in closet, and luxurious bathroom with dual vanities and walk-in shower. 2nd bedroom is ideal for a media room or home office. Parking stall with EV charge is included. Portland Towers hosts many fine amenities, including a party room, exercise room, pet spa, secured bike storage, and shared deck ideal for entertaining. The prime location is nestled between historic Elliot Park and the bustling business core. Walkable access to restaurants, events, and green spaces.

Property Details

Property Features

Property Information:

  • Year Built: 2016
  • Living Area: 1,176 SqFt

Listing Office:

  • Office Name: Keller Williams Integrity Realty

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Oven, Washer, Wine Cooler
  • Basement: No

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, Electric Vehicle Charging Station(s), Secured, Underground

Lot Features

Lot Information:

  • Lot: Irregular Lot

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 Ave to Portland Ave, corner of Portland Ave and 8th St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $409,900
  • Price Per SqFt: $349/SqFt

HOA Fees:

  • Amount: $760
  • 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

740 Portland Ave Unit 1006 vs Minneapolis

9 DAYS ON ROCKET

-18 Days

$409,900

+$66.2K More

$349/SqFt

+$147 More

KEY TAKEAWAY

This property is $66.2K more than the Median Sold Price and $147/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: #6520967

Listing Office:

  • Office Name: Keller Williams Integrity Realty

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Property Sales & Tax

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$2,873

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,295

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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-6363837
2
/10

  • Northeast Middle School

  • 2955 Hayes St NE

  • 3.70 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-6363838
2
/10

  • Edison High School

  • 700 22nd Ave NE

  • 2.60 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 $39,366. Most Minneapolis, MN residents have annual incomes less than $35k. The most common type of family is 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 740 Portland Ave Unit 1006

What is the listing price of this property?

The listing price of 740 Portland Ave Unit 1006 property is $409,900.

What type of property is this?

The property 740 Portland Ave Unit 1006 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Active Listing: 740 Portland Ave Unit 1006 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 740 Portland Ave Unit 1006 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 740 Portland Ave Unit 1006 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 740 Portland Ave Unit 1006 is 1,176 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 740 Portland Ave Unit 1006 is 2016.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›740 Portland Ave Unit 1006

This home is located at 740 Portland Ave Unit 1006 in Minneapolis, MN and zip code 55415 in the Elliot Park neighborhood. This 1,176 square foot home was built in 2016. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $409,900.

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 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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