7 months on rocket

431 7th St Unit 2604, Minneapolis, MN, 55415

$85,000

Home List Price

$1,009*

Closing Credit

1 Full Bath
437 SqFt
$195/SqFt
Condo

Location

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431 7th St Unit 2604, Minneapolis$85,000

Buyer Closing Credits

$1,009*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingMore Parking Onsite for Fee
Year Built1982
HeatingBaseboard
CoolingCentral Air
MLS #6533584
StatusActive

About 431 7th St Unit 2604

This top-level studio condo has amazing, panoramic views of US Bank Stadium Campus and morning sunrises – perfect for the urban dweller – walkable via Skyway throughout downtown Minneapolis. Located at 7th Ave and 5th Street – steps from Light Rail, Armory, US Bank Stadium, award winning restaurants, entertainment and the Classic Normandy Inn Hotel and Bar. This newly renovated, updated, modern unit is light filled and move-in ready. Kitchen includes stainless appliances – microwave, range, vent, refrigerator. Newer luxury vinyl flooring throughout. Vertical blinds and custom walk-in closet system. Building amenities include shared FREE laundry, fitness room, FOB-access, exclusive rooftop for top two floors only, multi-layered security. Discounted contract parking available.

Property Details

Property Features

Property Information:

  • Year Built: 1982
  • Living Area: 437 SqFt

Listing Office:

  • Office Name: Prudden & Company

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Parking Information:

  • Parking: More Parking Onsite for Fee

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Portland to 7th Street west to building

Price Information

Listing Price Info

Price Summary:

  • List Price: $85,000
  • Price Per SqFt: $195/SqFt

HOA Fees:

  • Amount: $660
  • 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

431 7th St Unit 2604 vs Minneapolis

226 DAYS ON ROCKET

+193 Days

$85,000

-$264.9K Less

$195/SqFt

-$7 Less

KEY TAKEAWAY

This property is $264.9K less than the Median Sold Price and $7/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: #6533584

Listing Office:

  • Office Name: Prudden & Company

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Last updated on: 12/22/2024, 11:22:49 AM 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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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-952355
2
/10

  • Emerson Elementary School

  • 120 W 15th St

  • 0.79 miles

  • Public Magnet Grades PK-5

school-card-donut-952356
2
/10

  • Hennepin Elementary School

  • 2123 Clinton Ave

  • 0.89 miles

  • Public Charter Grades KG-5

school-card-donut-952357
4
/10

  • Twin Cities International Schools

  • 277 12th Ave N

  • 1.42 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,860. Typical income of Minneapolis, MN residents is between $35k-100k annually. The majority of families are 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 431 7th St Unit 2604

What is the listing price of this property?

The listing price of 431 7th St Unit 2604 property is $85,000.

What type of property is this?

The property 431 7th St Unit 2604 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Active Listing: 431 7th St Unit 2604 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 431 7th St Unit 2604 has 1 bathroom..

What is the square footage of this property?

The property 431 7th St Unit 2604 is 437 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 431 7th St Unit 2604 is 1982.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›431 7th St Unit 2604

This home is located at 431 7th St Unit 2604 in Minneapolis, MN and zip code 55415 in the Central neighborhood. This 437 square foot home was built in 1982. Features: 1 bathroom. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $85,000.

Over 283 listings were sold over their listed price in November 2024 in Minneapolis, MN. In the same period over 403 listings were sold below the listed price and 203 listings were sold for the listed price. The number of homes for sale in Minneapolis, MN decreased by 6.1% between October 2024 and November 2024. Listings spent 33 days on the market in November 2024, and had a median list price of $349,986 during the same period.

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

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