4 months on rocket

15 Franklin Ave Unit 417, Minneapolis, MN, 55404

$165,000

Home List Price

$1,959*

Closing Credit

1 Bedroom
1 Full Bath
790 SqFt
$209/SqFt
Condo

Location

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15 Franklin Ave Unit 417, Minneapolis$165,000

Buyer Closing Credits

$1,959*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached Garage, Heated Garage, Underground
Attached Garage1 space
Year Built2006
HeatingForced Air
CoolingCentral Air
MLS #6560265
StatusActive

About 15 Franklin Ave Unit 417

Welcome to this top-floor, south-facing condo offering a spacious studio-style layout that blends modern amenities and urban convenience in the vibrant Whittier neighborhood! Beautiful hardwood floors are found throughout the light-filled unit. The kitchen features stainless steel appliances and lots of storage, and the adjoining living space opens up to a gorgeous balcony - perfect for morning coffee. A huge walk-in closet, in-unit laundry, and full bathroom complete the home. Enjoy a dedicated parking spot in the heated, underground garage, and have peace of mind with low association dues including roof and HVAC system with no assessments! Residents have access to a shared gym and the nearby parks and bike lanes provide ample opportunity for outdoor activities. Pets and rentals allowed! Just blocks from Whittier's famed "Eat Street" and a short distance from downtown, this condo offers the best of city living!

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Living Area: 790 SqFt

Listing Office:

  • Office Name: VSM Real Estate LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Assigned, Attached Garage, Heated Garage, Underground

Lot Features

Lot Information:

  • Lot: Zero Lot Line

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Southwest High School, Public District Grades 9-12
  • Jefferson Community School, Public District Grades PK-8

Other

Directions Information:

  • Directions: From 35W, take exit for Lake Street. Turn north on 1st Avenue. Turn west on Franklin Avenue. Property on SE corner of Franklin Avenue and Nicollet Avenue.

Price Information

Listing Price Info

Price Summary:

  • List Price: $165,000
  • Price Per SqFt: $209/SqFt

HOA Fees:

  • Amount: $357
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

Med. Sold Price

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

15 Franklin Ave Unit 417 vs Minneapolis

131 DAYS ON ROCKET

+97 Days

$165,000

-$184.8K Less

$209/SqFt

+$7 More

KEY TAKEAWAY

This property is $184.8K less than the Median Sold Price and $7/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: #6560265

Listing Office:

  • Office Name: VSM Real Estate LLC

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Property Sales & Tax

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Recommended Financing

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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.

Elementary School

school-card-donut-2123343
1
/10
  • Jefferson Community School

  • 1200 W 26th St

  • 0.98 miles

  • Public District Grades PK-8

High School

school-card-donut-2123344
7
/10
  • Southwest High School

  • 3414 W 47th St

  • 3.80 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,567. Typical income of Minneapolis, MN residents is between $35k-100k annually. Typical family type 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 15 Franklin Ave Unit 417

What is the listing price of this property?

The listing price of 15 Franklin Ave Unit 417 property is $165,000.

What type of property is this?

The property 15 Franklin Ave Unit 417 is a condo located in Minneapolis, Minnesota, 55404.

Is this property for sale now?

Active Listing: 15 Franklin Ave Unit 417 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 15 Franklin Ave Unit 417 are:
Jefferson Community School: GreatSchools Rating 1/10
Southwest High School: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 15 Franklin Ave Unit 417 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 15 Franklin Ave Unit 417 is 790 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 15 Franklin Ave Unit 417 is 2006.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55404›15 Franklin Ave Unit 417

This home is located at 15 Franklin Ave Unit 417 in Minneapolis, MN and zip code 55404 in the Powderhorn neighborhood. This 790 square foot home was built in 2006. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 26, 2024 and is currently priced at $165,000.

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. Between September 2024 and October 2024, Minneapolis, MN real estate market has seen increase in the number of listings by 9.3%. The median list price of listings available in October 2024 was $349,843, while the average time on the real estate market was 34 days.

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

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