5 months on rocket

232 Franklin Ave Unit 103, Minneapolis, MN, 55404

$165,000

Home List Price

$1,959*

Closing Credit

1 Bedroom
1 Full Bath
950 SqFt
$174/SqFt
Condo

Location

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232 Franklin Ave Unit 103, Minneapolis$165,000

Buyer Closing Credits

$1,959*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingUnderground
Garage1 space
Year Built1982
HeatingForced Air
CoolingCentral Air
FireplaceTwo Sided, Wood Burning
MLS #6530127
StatusActive

About 232 Franklin Ave Unit 103

Welcome to this clean and spacious condo right on the edge of downtown Mpls. Underground parking? Check. In unit laundry? Check. Forced air heat and AC? Also check. Enjoy time in the spacious dining or living room or relax on the private deck in the summer months. The large kitchen has plenty of counter space and cabinets, and there's additional storage in the lower level storage room as well. The bedroom is spacious with ample closet space and has nice natural light with the new window. Enjoy views from the roof top deck or get your sweat on in the main level exercise/bike storage area. You're just steps from Loring Park, The Walker, The Sculpture Gardens, and all the fun shops and restaurants in the area. You'll love the convenience and quick access to anything. Come see it!

Property Details

Property Features

Property Information:

  • Year Built: 1982
  • Living Area: 950 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Basement: No
  • Fireplace: Two Sided, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Underground

Virtual/3D Tour

  • 3D Tour: 232 Franklin Ave Unit 103
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Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: W on Franklin from Hennepin Ave in MPLS

Price Information

Listing Price Info

Price Summary:

  • List Price: $165,000
  • Price Per SqFt: $174/SqFt

HOA Fees:

  • Amount: $438
  • 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

232 Franklin Ave Unit 103 vs Minneapolis

167 DAYS ON ROCKET

+134 Days

$165,000

-$184.9K Less

$174/SqFt

-$28 Less

KEY TAKEAWAY

This property is $184.9K less than the Median Sold Price and $28/SqFt less than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6530127

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 12/22/2024, 2:22:49 PM 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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Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

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-1000607
2
/10

  • Emerson Elementary School

  • 120 W 15th St

  • 0.40 miles

  • Public Magnet Grades PK-5

school-card-donut-1000608
2
/10

  • Whittier International Baccalaureate World School

  • 315 W 26th St

  • 0.55 miles

  • Public Magnet Grades PK-5

school-card-donut-1000609
2
/10

  • Hennepin Elementary School

  • 2123 Clinton Ave

  • 0.55 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,762. The most common annual income of people living in Minneapolis, MN is less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 232 Franklin Ave Unit 103

What is the listing price of this property?

The listing price of 232 Franklin Ave Unit 103 property is $165,000.

What type of property is this?

The property 232 Franklin Ave Unit 103 is a condo located in Minneapolis, Minnesota, 55404.

Is this property for sale now?

Active Listing: 232 Franklin Ave Unit 103 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 232 Franklin Ave Unit 103 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 232 Franklin Ave Unit 103 is 950 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 232 Franklin Ave Unit 103 is 1982.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55404›232 Franklin Ave Unit 103

This home is located at 232 Franklin Ave Unit 103 in Minneapolis, MN and zip code 55404 in the Powderhorn neighborhood. This 950 square foot home was built in 1982. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since July 08, 2024 and is currently priced at $165,000.

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 inventory of homes for sale in Minneapolis, MN between October 2024 and November 2024 decreased by 6.1%. In November 2024 median list price was $349,986 and the average listing age was 33 days.

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

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