22 days on rocket

1240 2nd St Unit 715, Minneapolis, MN, 55415

$464,900

Home List Price

$5,521*

Closing Credit

2 Bedrooms
1 Full Bath
1,087 SqFt
$428/SqFt
Condo

Location

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1240 2nd St Unit 715, Minneapolis$464,900

Buyer Closing Credits

$5,521*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Covered, Concrete, Shared Driveway, Electric Vehicle Charging Station(s), Garage Door Opener, Guest Parking, Heated Garage, Parking Garage, Secured, Underground
Garage2 spaces
Year Built2019
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6622045
StatusActive

About 1240 2nd St Unit 715

Located in Downtown East, perched just above the Mississippi River, The Legacy Condominiums offer a unique blend of urban sophistication and riverfront tranquility. Now on the market for the first time since its construction in 2019, 1240 S 2nd Street #715 sits on the 7th floor, embodying thoughtful design across 1,087 square feet, with 2 bedrooms and 2 bathrooms tailored for modern living. Step inside to find 9' 7" ceilings and floor-to-ceiling windows, welcoming waves of natural light over true maple hardwood floors. An open, inviting layout flows seamlessly into the kitchen, where upgraded stainless steel appliances, extensive cabinetry, and a center island stand ready for owners and guests alike. Just beyond, a custom-built dining nook with bench storage adds an intimate, versatile space—perfect for meals or game nights. The primary bedroom suite offers peaceful views of the meticulously maintained courtyard, featuring a spacious walk-in closet that leads to a private 3/4 bath with dual vanities and a roomy standing shower. A full bathroom by the entry ensures convenience for visitors. Tucked thoughtfully nearby, a laundry room with pantry storage and stacked washer/dryer brings privacy and functionality. Step out onto your private balcony to enjoy morning coffee or evening views over the iconic Legacy courtyard. The second bedroom provides flexibility, ideal for visitors or a work-from-home office. A rarity in downtown Minneapolis, this unit includes two heated underground parking spaces, one outfitted with an EV charging station added in 2024, plus a private storage room on the same floor as the unit. The Legacy imparts a suite of amenities, including a golf simulator, pool, hot tub, sauna, and a fully equipped exercise room. And on your doorstep, you'll find Mill Ruins Park, Gold Medal Park, and the iconic Stone Arch Bridge, anchoring you to some of downtown's most beloved parks and attractions. 1240 S 2nd Street #715 is your personal high-rise oasis at the city's edge.

Property Details

Property Features

Property Information:

  • Year Built: 2019
  • Living Area: 1,087 SqFt

Listing Office:

  • Office Name: Keller Williams Integrity Realty

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Oven, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Assigned, Covered, Concrete, Shared Driveway, Electric Vehicle Charging Station(s), Garage Door Opener, Guest Parking, Heated Garage, Parking Garage, Secured, Underground

Virtual/3D Tour

  • 3D Tour: 1240 2nd St Unit 715
3D Tour

Lot Features

Lot Information:

  • Lot: Irregular Lot, Few Trees, Zero Lot Line

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I-35W N, take exit 17C on the right toward U of M West Bank. Use the right lane to continue on the ramp toward U of M West Bank. Turn left onto Washington Avenue S, then right onto 12th Avenue S. Turn right onto S 2nd Street, and The Legacy Condominiums building will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $464,900
  • Price Per SqFt: $428/SqFt

HOA Fees:

  • Amount: $669
  • 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

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

1240 2nd St Unit 715 vs Minneapolis

22 DAYS ON ROCKET

-12 Days

$464,900

+$115K More

$428/SqFt

+$226 More

KEY TAKEAWAY

This property is $115K more than the Median Sold Price and $226/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: #6622045

Listing Office:

  • Office Name: Keller Williams Integrity 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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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-329625
3
/10

  • Webster Community School

  • 425 5th St NE

  • 1.29 miles

  • Public District Grades PK-5

school-card-donut-329626
2
/10

  • Hennepin Elementary School

  • 2123 Clinton Ave

  • 1.47 miles

  • Public Charter Grades KG-5

school-card-donut-329627
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. Residents of Minneapolis, MN typically earn between $35k-100k each year. Most families are 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 1240 2nd St Unit 715

What is the listing price of this property?

The listing price of 1240 2nd St Unit 715 property is $464,900.

What type of property is this?

The property 1240 2nd St Unit 715 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Active Listing: 1240 2nd St Unit 715 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 Unit 715 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1240 2nd St Unit 715 is 1,087 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1240 2nd St Unit 715 is 2019.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›1240 2nd St Unit 715

This home is located at 1240 2nd St Unit 715 in Minneapolis, MN and zip code 55415 in the Downtown East neighborhood. This 1,087 square foot home was built in 2019. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $464,900.

In October 2024, from all listings sold in Minneapolis, MN there were more than 356 sold above asking price, over 399 sold below and more than 223 were sold right at the asked price. The inventory of homes for sale in Minneapolis, MN between September 2024 and October 2024 increased by 9.3%. In October 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $349,843.

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

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