4 months on rocket

1240 2nd St S Unit 418, Minneapolis, MN, 55415

$685,000

Home List Price

$8,134*

Closing Credit

2 Bedrooms
1 Full Bath
1,584 SqFt
$432/SqFt
Condo

Location

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1240 2nd St S Unit 418, Minneapolis$685,000

Buyer Closing Credits

$8,134*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Electric Vehicle Charging Station(s), Garage Door Opener, Heated Garage, More Parking Offsite for Fee, Secured, Underground
Garage2 spaces
Year Built2018
HeatingBaseboard, Steam, Hot Water
CoolingCentral Air
MLS #6584523
StatusActive

About 1240 2nd St S Unit 418

Move right into this 2 bed, 2 bath + den condo in Minneapolis’s Mill District! Kitchen features customized cabinets, quartz/granite countertops, stainless steel GE appliances, large center island. Hardwood floors throughout the home. Informal dining room, large west-facing windows, custom blinds, and beautiful city and green views. Den has glass pocket door. Custom closets for plenty of storage. Large primary bedroom with walk-in closet and en suite bathroom. Balcony with room for grill + furniture. Amenities include 24/7 concierge/security, heated resident and guest parking, outdoor pool and hot tub, community room with full kitchen, community patio with grilling area/lawn bowling/fire pits, fitness center and weight room, library, conference room, game room, golf simulator, outdoor dog run, outdoor playground, pet grooming area. Trader Joe’s/Starbucks/Stone Arch Bridge/Guthrie Theater/US Bank Stadium/restaurants/public transportation less than 0.5 mile away!

Property Details

Property Features

Property Information:

  • Year Built: 2018
  • Living Area: 1,584 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Assigned, Electric Vehicle Charging Station(s), Garage Door Opener, Heated Garage, More Parking Offsite for Fee, Secured, Underground

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Baseboard, Steam, Hot Water
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Washington Ave to 11th Ave. N on 11th Ave to S 2nd St. E on S 2nd St to property. On street metered parking for showings.

Price Information

Listing Price Info

Price Summary:

  • List Price: $685,000
  • Price Per SqFt: $432/SqFt

HOA Fees:

  • Amount: $939
  • 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

$349.9K

Med. Price/SqFt

$202

Avg. Days On Market

33

# of Sold Homes

889

1240 2nd St S Unit 418 vs Minneapolis

132 DAYS ON ROCKET

+99 Days

$685,000

+$335K More

$432/SqFt

+$230 More

KEY TAKEAWAY

This property is $335K more than the Median Sold Price and $230/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: #6584523

Listing Office:

  • Office Name: RE/MAX Results

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Last updated on: 12/22/2024, 11:22:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

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$4,425

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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.

Nearby Schools

school-card-donut-957256
3
/10

  • Webster Community School

  • 425 5th St NE

  • 1.29 miles

  • Public District Grades PK-5

school-card-donut-957257
2
/10

  • Hennepin Elementary School

  • 2123 Clinton Ave

  • 1.47 miles

  • Public Charter Grades KG-5

school-card-donut-957258
2
/10

  • Aurora Charter School

  • 2101 E 26th St

  • 1.54 miles

  • Public Charter Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $107,721. The majority of Minneapolis, MN residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1240 2nd St S Unit 418

What is the listing price of this property?

The listing price of 1240 2nd St S Unit 418 property is $685,000.

What type of property is this?

The property 1240 2nd St S Unit 418 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Active Listing: 1240 2nd St S Unit 418 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1240 2nd St S Unit 418 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1240 2nd St S Unit 418 is 1,584 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1240 2nd St S Unit 418 is 2018.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›1240 2nd St S Unit 418

This home is located at 1240 2nd St S Unit 418 in Minneapolis, MN and zip code 55415 in the Downtown East neighborhood. This 1,584 square foot home was built in 2018. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 12, 2024 and is currently priced at $685,000.

In November 2024, from all listings sold in Minneapolis, MN there were more than 283 sold above asking price, over 403 sold below and more than 203 were sold right at the asked price. The number of listings in Minneapolis, MN decreased by 6.1% between October 2024 and November 2024. In November 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $349,986.

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

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