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740 Portland Ave Unit 1614, Minneapolis, MN, 55415

$949,900

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
3,175 SqFt
$299/SqFt
Condo
Schools Nearby

Location

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740 Portland Ave Unit 1614, Minneapolis$949,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached Garage, Garage Door Opener, Heated Garage, Underground
Attached Garage2 spaces
Year Built2017
HeatingForced Air
CoolingCentral Air
MLS #6497040
StatusActive

About 740 Portland Ave Unit 1614

Welcome to this exquisite corner unit penthouse with over 3,100 finished square feet in the demand Portland Tower located in the heart of downtown. Only available due to work relocation, Unit #1614 is two units combined into one open and spacious masterpiece with stunning skyline views. The unit boasts a gourmet eat-in kitchen, formal and informal dining areas, sitting room, three bedrooms + den that include and gorgeous master suite with large closet and ¾ bath. Four bathrooms, foyer, west bar, floor to ceiling windows, laundry room, two outdoor balconies and two private heated parking spaces along with 2 large storage units. Building amenities consist of a community room, fitness center, 6th floor roof deck with fire bowls, pet relief area, guest parking, etc. Portland Tower is located directly across the street from skyway access and just steps away from U.S. Bank Stadium, Commons Park, the Armory, an abundance of trails, restaurants, bars and more.

Property Details

Property Features

Property Information:

  • Year Built: 2017
  • Living Area: 3,175 SqFt

Listing Office:

  • Office Name: Prudden & Company

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Assigned, Attached Garage, Garage Door Opener, Heated Garage, 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: Building on corner of 8th Street and Portland Avenue. Guest parking off 8th Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $949,900
  • Price Per SqFt: $299/SqFt

HOA Fees:

  • Amount: $1830
  • 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

740 Portland Ave Unit 1614 vs Minneapolis

59 DAYS ON ROCKET

+21 Days

$949,900

+$608.6K More

$299/SqFt

+$97 More

KEY TAKEAWAY

This property is $608.6K more than the Median Sold Price and $97/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: #6497040

Listing Office:

  • Office Name: Prudden & Company

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Last updated on: 4/30/2024, 10:22:17 AM 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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Recommended Financing

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Rate/APR

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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-3640680
2
/10

  • Northeast Middle School

  • 2955 Hayes St NE

  • 3.70 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-3640681
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. Typical income of Minneapolis, MN residents is less than $35k annually. 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 1614

What is the listing price of this property?

The listing price of 740 Portland Ave Unit 1614 property is $949,900.

What type of property is this?

The property 740 Portland Ave Unit 1614 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Active Listing: 740 Portland Ave Unit 1614 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 1614 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 1614 has 3 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 740 Portland Ave Unit 1614 is 3,175 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 740 Portland Ave Unit 1614 is 2017.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›740 Portland Ave Unit 1614

This home is located at 740 Portland Ave Unit 1614 in Minneapolis, MN and zip code 55415 in the Elliot Park neighborhood. This 3,175 square foot home was built in 2017. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $949,900.

In March 2024, from all listings sold in Minneapolis, MN there were more than 380 sold above asking price, over 317 sold below and more than 165 were sold right at the asked price. The number of homes for sale in Minneapolis, MN increased by 15.5% between February 2024 and March 2024. In March 2024 median list price was $341,287 and the average listing age was 38 days.

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

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