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2532 1st Ave S Unit S306, Minneapolis, MN, 55404

$125,000

Home List Price

$1,484*

Closing Credit

1 Bedroom
1 Full Bath
484 SqFt
$258/SqFt
Condo

Location

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2532 1st Ave S Unit S306, Minneapolis$125,000

Buyer Closing Credits

$1,484*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Parking Lot, Open
Year Built1964
HeatingBaseboard
CoolingWindow Unit(s)
MLS #6598305
StatusActive

About 2532 1st Ave S Unit S306

Fantastic investment opportunity at First Ave Flats! This 1 bed, 1 bath, top floor condo has it all. For the price of a studio apartment, you get a full bedroom and separate bath along with hardwood floors and a nicely appointed kitchen. Unit comes with stainless steel appliances and an "OWNED" off-street reserved parking spot. Building has shared laundry and indoor bike storage on lower level. In addition to newer windows and a recent roof replacement, your new condo is in an enviable location. Only one block from the heart of Eat Street, enjoy nearby restaurants such as Pimento Kitchen and Little Tijuana or take in a show at the world-class venue Icehouse. With easy access to downtown and I- 35, why wait? Schedule your showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Living Area: 484 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

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

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Window 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: North on Nicollet Ave, right on 27th St, left on 1st Ave. Note: 1st Ave is torn up, consider parking on Nicollet and walking to 1st Ave Flats.

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000
  • Price Per SqFt: $258/SqFt

HOA Fees:

  • Amount: $331
  • 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

2532 1st Ave S Unit S306 vs Minneapolis

42 DAYS ON ROCKET

+8 Days

$125,000

-$224.8K Less

$258/SqFt

+$56 More

KEY TAKEAWAY

This property is $224.8K less than the Median Sold Price and $56/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: #6598305

Listing Office:

  • Office Name: Edina Realty, Inc.

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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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$1,022

Per Month

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.

Elementary School

school-card-donut-2148771
1
/10

  • Jefferson Community School

  • 1200 W 26th St

  • 0.89 miles

  • Public District Grades PK-8

High School

school-card-donut-2148772
7
/10

  • Southwest High School

  • 3414 W 47th St

  • 3.47 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,208. The most common annual income of people living in Minneapolis, MN is between $35k-100k. 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 2532 1st Ave S Unit S306

What is the listing price of this property?

The listing price of 2532 1st Ave S Unit S306 property is $125,000.

What type of property is this?

The property 2532 1st Ave S Unit S306 is a condo located in Minneapolis, Minnesota, 55404.

Is this property for sale now?

Active Listing: 2532 1st Ave S Unit S306 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2532 1st Ave S Unit S306 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 2532 1st Ave S Unit S306 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 2532 1st Ave S Unit S306 is 484 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2532 1st Ave S Unit S306 is 1964.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55404›2532 1st Ave S Unit S306

This home is located at 2532 1st Ave S Unit S306 in Minneapolis, MN and zip code 55404 in the Powderhorn neighborhood. This 484 square foot home was built in 1964. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $125,000.

In October 2024 more than 356 listings in Minneapolis, MN were sold above the asking price. During the same period more than 223 listings were sold at asking price, while more than 399 were sold below. The number of homes for sale in Minneapolis, MN increased by 9.3% between September 2024 and October 2024. In October 2024 median list price was $349,843 and the average listing age was 34 days.

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

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