3 months on rocket

2530 1st Ave S Unit N204, Minneapolis, MN, 55404

$200,000

Home List Price

$2,375*

Closing Credit

2 Bedrooms
1 Full Bath
1,000 SqFt
$200/SqFt
Condo

Location

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2530 1st Ave S Unit N204, Minneapolis$200,000

Buyer Closing Credits

$2,375*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Paved, Open
Year Built1964
HeatingBaseboard, Steam
CoolingWall Unit(s)
MLS #6577773
StatusActive

About 2530 1st Ave S Unit N204

Welcome to 2530 1st Ave S, N204, Minneapolis, MN 55404—a beautiful 2 bedroom, 1 bath condo that perfectly blends modern style with the vibrant urban life of the Whittier neighborhood. This 1000 sq ft second-floor unit offers a warm and inviting living space with a stylish kitchen featuring granite countertops and maple cabinets. Enjoy your morning coffee on the private balcony with eastern views, soaking up the abundant natural sunlight that floods the spacious living room and dinette area. Prime Location with Vibrant Lifestyle Located in the heart of Whittier, this condo offers a unique lifestyle in one of Minneapolis's most eclectic and culturally rich neighborhoods. Known for its diverse dining scene, Whittier is home to the famous Eat Street, a stretch of Nicollet Avenue brimming with a variety of international cuisines and unique eateries. You'll find something to delight your taste buds just steps away from your front door. In addition to its culinary delights, Whittier boasts proximity to popular local stores and specialty shops. Explore the local art scene at the Minneapolis Institute of Art, or enjoy the greenery and outdoor activities at nearby Washburn Fair Oaks Park. The neighborhood's walkability and bike-friendly streets make it easy to explore and enjoy the vibrant community. Convenience and Connectivity This condo is ideally located just minutes from downtown Minneapolis, providing easy access to the city's bustling business district, entertainment venues, and cultural attractions. Whether you're commuting for work or heading out for a night on the town, you'll appreciate the convenience of being close to major highways and public transportation options. Investment Opportunity Currently rented until 3/31/2025, this property presents an excellent opportunity for both homeowners and investors. Lock in your purchase price now and benefit from the rising real estate market, potentially gaining significant equity by the time you move in. The building's rental-friendly policy makes it a perfect addition to an investment portfolio, offering the flexibility to continue leasing or move in and enjoy the space yourself. Additional Features Private balcony with lovely eastern views Spacious living room and dinette Modern kitchen with granite countertops and maple cabinets Ample natural light throughout Proximity to downtown Minneapolis, Eat Street, and local stores Access to parks, cultural institutions, and public transportation Don't miss your chance to own a piece of the vibrant Whittier neighborhood. Whether you're looking for a new home or a smart investment, 2530 1st Ave S, N204, Minneapolis, MN 55404 offers the perfect blend of comfort, style, and location. Schedule your showing today and experience all this exceptional condo has to offer!

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Living Area: 1,000 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Paved, Open

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Baseboard, Steam
  • Cooling: Wall Unit(s)

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: Lyndale Ave S to 26th Street, go East to 1st Ave and go North. The building is just up on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $200,000
  • Price Per SqFt: $200/SqFt

HOA Fees:

  • Amount: $423
  • 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

2530 1st Ave S Unit N204 vs Minneapolis

96 DAYS ON ROCKET

+62 Days

$200,000

-$149.8K Less

$200/SqFt

-$2 Less

KEY TAKEAWAY

This property is $149.8K less than the Median Sold Price and $2/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: #6577773

Listing Office:

  • Office Name: RE/MAX Results

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Last updated on: 11/5/2024, 3:22:49 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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Payment Calculator

$1,489

Per Month

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-2083362
1
/10
  • Jefferson Community School

  • 1200 W 26th St

  • 0.89 miles

  • Public District Grades PK-8

High School

school-card-donut-2083363
7
/10
  • Southwest High School

  • 3414 W 47th St

  • 3.48 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,208. Typical income of Minneapolis, MN residents is between $35k-100k annually. The majority of 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 2530 1st Ave S Unit N204

What is the listing price of this property?

The listing price of 2530 1st Ave S Unit N204 property is $200,000.

What type of property is this?

The property 2530 1st Ave S Unit N204 is a condo located in Minneapolis, Minnesota, 55404.

Is this property for sale now?

Active Listing: 2530 1st Ave S Unit N204 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2530 1st Ave S Unit N204 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 2530 1st Ave S Unit N204 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2530 1st Ave S Unit N204 is 1,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2530 1st Ave S Unit N204 is 1964.

Rocket HomesMinnesotaHennepin CountyMinneapolis554042530 1st Ave S Unit N204

This home is located at 2530 1st Ave S Unit N204 in Minneapolis, MN and zip code 55404 in the Powderhorn neighborhood. This 1,000 square foot home was built in 1964. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 01, 2024 and is currently priced at $200,000.

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. The number of homes for sale in Minneapolis, MN increased by 9.3% between September 2024 and October 2024. 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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