3 months on rocket

504 Franklin Ave Unit 2C, Minneapolis, MN, 55405

$129,900

Home List Price

$1,543*

Closing Credit

1 Bedroom
1 Full Bath
619 SqFt
$210/SqFt
Condo

Location

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504 Franklin Ave Unit 2C, Minneapolis$129,900

Buyer Closing Credits

$1,543*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Carport, Covered, Parking Lot, Paved
Year Built1961
HeatingHot Water
CoolingWall Unit(s)
MLS #6592893
StatusActive

About 504 Franklin Ave Unit 2C

Beautifully renovated 1 bedroom, 1 bath condo in a fantastic location with easy access to downtown, uptown, the lakes, shops and cultural institutions. Recently updated with new Andersen windows, fresh paint, and custom cabinets, granite countertops and stainless appliances, this light filled home makes for a perfect urban retreat. The building features covered off-street parking, free laundry, an elevator, storage units, and a rooftop deck with panoramic views. Low HOA dues and taxes. Don't miss out on this fabulous condo.

Property Details

Property Features

Property Information:

  • Year Built: 1961
  • Living Area: 619 SqFt

Listing Office:

  • Office Name: River Arts Realty, LLC

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Carport, Covered, Parking Lot, Paved

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: 1/2 block east of Lyndale - 504 is on the north side of Franklin

Price Information

Listing Price Info

Price Summary:

  • List Price: $129,900
  • Price Per SqFt: $210/SqFt

HOA Fees:

  • Amount: $306
  • 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

504 Franklin Ave Unit 2C vs Minneapolis

109 DAYS ON ROCKET

+76 Days

$129,900

-$220K Less

$210/SqFt

+$8 More

KEY TAKEAWAY

This property is $220K less than the Median Sold Price and $8/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: #6592893

Listing Office:

  • Office Name: River Arts Realty, LLC

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Last updated on: 12/22/2024, 5:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

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$1,022

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$456

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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-1026187
2
/10

  • Emerson Elementary School

  • 120 W 15th St

  • 0.47 miles

  • Public Magnet Grades PK-5

school-card-donut-1026188
2
/10

  • Whittier International Baccalaureate World School

  • 315 W 26th St

  • 0.55 miles

  • Public Magnet Grades PK-5

school-card-donut-1026189
2
/10

  • Hennepin Elementary School

  • 2123 Clinton Ave

  • 0.74 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,364. Residents of Minneapolis, MN typically earn less than $35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 504 Franklin Ave Unit 2C

What is the listing price of this property?

The listing price of 504 Franklin Ave Unit 2C property is $129,900.

What type of property is this?

The property 504 Franklin Ave Unit 2C is a condo located in Minneapolis, Minnesota, 55405.

Is this property for sale now?

Active Listing: 504 Franklin Ave Unit 2C is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 504 Franklin Ave Unit 2C has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 504 Franklin Ave Unit 2C is 619 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 504 Franklin Ave Unit 2C is 1961.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55405›504 Franklin Ave Unit 2C

This home is located at 504 Franklin Ave Unit 2C in Minneapolis, MN and zip code 55405 in the Stevens Square / Loring Heights neighborhood. This 619 square foot home was built in 1961. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $129,900.

In November 2024, from all listings sold in Minneapolis, MN there were more than 283 sold above asking price, over 403 sold below and more than 203 were sold right at the asked price. In November 2024 in Minneapolis, MN there were 6.1% less homes for sale than in October 2024. In November 2024 median list price was $349,986 and the average listing age was 33 days.

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

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