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401 2nd St Unit 401, Minneapolis, MN, 55401

$799,900

Home List Price

$9,499*

Closing Credit

2 Bedrooms
2 Full Baths
2,468 SqFt
$324/SqFt
Condo

Location

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401 2nd St Unit 401, Minneapolis$799,900

Buyer Closing Credits

$9,499*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Attached Garage, Electric Vehicle Charging Station(s), Finished Garage, Garage Door Opener, Guest Parking, Heated Garage, Other, Parking Garage, Secured, Storage, Underground
Attached Garage2 spaces
Year Built2005
HeatingHot Water
CoolingCentral Air
FireplaceGas
MLS #6630249
StatusActive

About 401 2nd St Unit 401

Step into the sophisticated charm of Unit 401 at Fifth Avenue Lofts, where industrial design meets contemporary elegance in the heart of Minneapolis’ vibrant North Loop neighborhood. This stunning two-bedroom, two-bathroom corner unit offers an expansive, open-concept floor plan that’s drenched in natural light, featuring oversized windows, 12-foot ceilings, and chic exposed concrete. The gourmet kitchen is equipped with stainless steel appliances, sleek granite countertops, and ample cabinet space – perfect for both casual dining and entertaining. The spacious primary suite provides a peaceful retreat with a luxurious en-suite bathroom and a generous walk-in closet. Enjoy spectacular city views from your private balcony, a perfect spot to unwind or entertain while overlooking the North Loop’s bustling streets. Additional features include in-unit laundry, two heated parking spaces, and storage. As a resident of Fifth Avenue Lofts, you’ll also have access to top-notch amenities, including a fitness center, community lounge, and rooftop terrace. This prime location puts you steps away from trendy restaurants, boutique shops, and scenic walking trails along the Mississippi River. Don’t miss your chance to live in one of Minneapolis’ most sought-after communities! Schedule a private tour of Unit 401 today and experience the best of city living.

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Living Area: 2,468 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Freezer, Microwave, Other, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: No
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Assigned, Attached Garage, Electric Vehicle Charging Station(s), Finished Garage, Garage Door Opener, Guest Parking, Heated Garage, Other, Parking Garage, Secured, Storage, Underground

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: Central Air

Other

Directions Information:

  • Directions: One Block south of 5th Ave on 2nd Street N.

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,900
  • Price Per SqFt: $324/SqFt

HOA Fees:

  • Amount: $1069
  • 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

401 2nd St Unit 401 vs Minneapolis

35 DAYS ON ROCKET

+2 Days

$799,900

+$449.9K More

$324/SqFt

+$122 More

KEY TAKEAWAY

This property is $449.9K more than the Median Sold Price and $122/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: #6630249

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 12/17/2024, 8:22:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,129

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

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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-4233822
4
/10

  • Twin Cities International Schools

  • 277 12th Ave N

  • 0.57 miles

  • Public Charter Grades KG-4

school-card-donut-4233823
3
/10

  • Webster Community School

  • 425 5th St NE

  • 0.98 miles

  • Public District Grades PK-5

school-card-donut-4233824
1
/10

  • Sheridan Elementary School

  • 1201 University Ave NE

  • 1.06 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $101,546. Residents of Minneapolis, MN typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 401 2nd St Unit 401

What is the listing price of this property?

The listing price of 401 2nd St Unit 401 property is $799,900.

What type of property is this?

The property 401 2nd St Unit 401 is a condo located in Minneapolis, Minnesota, 55401.

Is this property for sale now?

Active Listing: 401 2nd St Unit 401 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 401 2nd St Unit 401 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 401 2nd St Unit 401 is 2,468 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 401 2nd St Unit 401 is 2005.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55401›401 2nd St Unit 401

This home is located at 401 2nd St Unit 401 in Minneapolis, MN and zip code 55401 in the North Loop neighborhood. This 2,468 square foot home was built in 2005. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $799,900.

In November 2024 more than 283 listings in Minneapolis, MN were sold above the asking price. During the same period more than 203 listings were sold at asking price, while more than 403 were sold below. The number of homes for sale in Minneapolis, MN decreased by 6.1% between October 2024 and November 2024. The median list price of listings available in November 2024 was $349,986, while the average time on the real estate market was 33 days.

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

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