2 months on rocket

545 2nd St Unit 207, Minneapolis, MN, 55401

$550,000

Home List Price

$6,531*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,572 SqFt
$350/SqFt
Condo

Location

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545 2nd St Unit 207, Minneapolis$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached Garage, Open
Attached Garage2 spaces
Year Built2004
HeatingForced Air
CoolingCentral Air
WaterfrontRiver View
FireplaceGas
MLS #6608909
StatusActive

About 545 2nd St Unit 207

Downtown living in the heart of the Mill District! With an open floor plan, granite countertops, SS appliances, gas fireplace, large primary bedroom and 2 patios, you will feel right at home here. The near 800 square foot rooftop patio (36X22) is the highlight of this home. Perfect for entertaining or relaxing; with views of the Mississippi, Stone Arch Bridge and downtown views, this is the ideal outdoor space. As a bonus, you can watch the 4th of July and Aquatennial fireworks display right from the patio! The rooftop structure and siding were replaced in 2023 and the assessment has been paid. Other recent updates include A/C and water heater in 2023, updated lighting and kitchen and bathroom fixtures throughout the home and washer and dryer approximately 3 years old. Includes one private garage space and one additional uncovered parking space in the ramp. Convenient to Gold Mill Park, Stone Arch Bridge, Guthrie Theater, dining and shops.

Property Details

Property Features

Property Information:

  • Year Built: 2004
  • Living Area: 1,572 SqFt

Listing Office:

  • Office Name: Kris Lindahl Real Estate

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Basement: No
  • Fireplace: Gas

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Waterfront: River View

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Open

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I-94, take exit 230 toward 4th St N, left on 5th St S, right on S Second St, condo is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $350/SqFt

HOA Fees:

  • Amount: $786
  • 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

545 2nd St Unit 207 vs Minneapolis

67 DAYS ON ROCKET

+34 Days

$550,000

+$200K More

$350/SqFt

+$148 More

KEY TAKEAWAY

This property is $200K more than the Median Sold Price and $148/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: #6608909

Listing Office:

  • Office Name: Kris Lindahl Real Estate

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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

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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-4228173
3
/10

  • Webster Community School

  • 425 5th St NE

  • 1.04 miles

  • Public District Grades PK-5

school-card-donut-4228174
2
/10

  • Emerson Elementary School

  • 120 W 15th St

  • 1.29 miles

  • Public Magnet Grades PK-5

school-card-donut-4228175
4
/10

  • Twin Cities International Schools

  • 277 12th Ave N

  • 1.37 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 $79,167. The most common annual income of people living in Minneapolis, MN is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 545 2nd St Unit 207

What is the listing price of this property?

The listing price of 545 2nd St Unit 207 property is $550,000.

What type of property is this?

The property 545 2nd St Unit 207 is a condo located in Minneapolis, Minnesota, 55401.

Is this property for sale now?

Active Listing: 545 2nd St Unit 207 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 545 2nd St Unit 207 has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 545 2nd St Unit 207 is 1,572 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 545 2nd St Unit 207 is 2004.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55401›545 2nd St Unit 207

This home is located at 545 2nd St Unit 207 in Minneapolis, MN and zip code 55401 in the Central neighborhood. This 1,572 square foot home was built in 2004. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $550,000.

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 number of listings in Minneapolis, MN decreased by 6.1% between October 2024 and November 2024. While the average time on the market in November 2024 was 33 days, the median list price was $349,986.

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

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