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500 2nd St Unit 116, Minneapolis, MN, 55401

$425,000

Home List Price

$5,047*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,423 SqFt
$299/SqFt
Condo

Location

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500 2nd St Unit 116, Minneapolis$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached Garage, Covered, Floor Drain, Garage Door Opener, Heated Garage, More Parking Onsite for Fee, Secured, Underground
Attached Garage1 space
Year Built2002
HeatingForced Air
CoolingCentral Air
MLS #6625376
StatusActive

About 500 2nd St Unit 116

A prime location! River Station condos located in the heart of the historic North Loop n'hood of MPLS! A move-in ready, corner unit boasting two stories of stacked windows with views of a landscaped wonderland and expansive patio perfect for entertaining - a location truly the best of both worlds. Offers both a private entry + building entry; a rare convenience for pets and guests in condo living. Interior finishes include updated kitchen cabinets, flooring throughout, lighting, freshly painted interiors, a swanky new primary bath ensuite including high-end touches incl handpicked stone, Hansgrohe fixtures & more. Heated underground parking plus a 2nd underground parking space available within steps of your front door + add'l sizable storage unit, Daily HOA staff on-site. Own your urban dream in this generous space and in-demand location.

Property Details

Property Features

Property Information:

  • Year Built: 2002
  • Living Area: 1,423 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener
  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Assigned, Attached Garage, Covered, Floor Drain, Garage Door Opener, Heated Garage, More Parking Onsite for Fee, Secured, Underground

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Washington Ave to 3rd Ave North to 1st Street. Gust Parking available between 545 & 560 bldg - enter from N 1st Street. Take sidewalk to main entrance.

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $299/SqFt

HOA Fees:

  • Amount: $925
  • 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

500 2nd St Unit 116 vs Minneapolis

48 DAYS ON ROCKET

+15 Days

$425,000

+$75K More

$299/SqFt

+$97 More

KEY TAKEAWAY

This property is $75K more than the Median Sold Price and $97/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: #6625376

Listing Office:

  • Office Name: Edina Realty, Inc.

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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.

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Recommended Financing

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Rate/APR

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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.

Nearby Schools

school-card-donut-4228023
4
/10

  • Twin Cities International Schools

  • 277 12th Ave N

  • 0.50 miles

  • Public Charter Grades KG-4

school-card-donut-4228024
3
/10

  • Webster Community School

  • 425 5th St NE

  • 0.98 miles

  • Public District Grades PK-5

school-card-donut-4228025
1
/10

  • Hall International

  • 1601 Aldrich Ave N

  • 1.01 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. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 2nd St Unit 116

What is the listing price of this property?

The listing price of 500 2nd St Unit 116 property is $425,000.

What type of property is this?

The property 500 2nd St Unit 116 is a condo located in Minneapolis, Minnesota, 55401.

Is this property for sale now?

Active Listing: 500 2nd St Unit 116 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 500 2nd St Unit 116 has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 500 2nd St Unit 116 is 1,423 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 2nd St Unit 116 is 2002.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55401›500 2nd St Unit 116

This home is located at 500 2nd St Unit 116 in Minneapolis, MN and zip code 55401 in the North Loop neighborhood. This 1,423 square foot home was built in 2002. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $425,000.

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 inventory of homes for sale in Minneapolis, MN between October 2024 and November 2024 decreased by 6.1%. 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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