2 months on rocket

740 Portland Ave Unit 1207, Minneapolis, MN, 55415

$520,000

Home List Price

$6,175*

Closing Credit

2 Bedrooms
1 Full Bath
1,350 SqFt
$385/SqFt
Condo

Location

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740 Portland Ave Unit 1207, Minneapolis$520,000

Buyer Closing Credits

$6,175*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached Garage, Heated Garage, Secured, Storage
Attached Garage2 spaces
Year Built2016
HeatingBaseboard
CoolingCentral Air
MLS #6610731
StatusActive

About 740 Portland Ave Unit 1207

Luxury loft with all the bells and whistles including granite, hardwood/tile flooring, stainless steel appliances, custom electronic window treatments and custom master bedroom closet organizer! Portland Tower amenities include professional management, secure access, fitness center, community room, rooftop community patio with grills/firepits/seating, free guest parking and an indoor pet relief area. Great walkability only blocks away from Skyway, The Commons and US Bank Stadium.

Property Details

Property Features

Property Information:

  • Year Built: 2016
  • Living Area: 1,350 SqFt

Listing Office:

  • Office Name: JPW Realty

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Stainless Steel Appliances, Oven, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Assigned, Attached Garage, Heated Garage, Secured, Storage

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Corner of Portland Ave. and 8th - construction trailer.

Price Information

Listing Price Info

Price Summary:

  • List Price: $520,000
  • Price Per SqFt: $385/SqFt

HOA Fees:

  • Amount: $867
  • 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

740 Portland Ave Unit 1207 vs Minneapolis

79 DAYS ON ROCKET

+46 Days

$520,000

+$170K More

$385/SqFt

+$183 More

KEY TAKEAWAY

This property is $170K more than the Median Sold Price and $183/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: #6610731

Listing Office:

  • Office Name: JPW Realty

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Last updated on: 12/21/2024, 11:52:49 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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$3,530

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,625

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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-901031
2
/10

  • Emerson Elementary School

  • 120 W 15th St

  • 0.82 miles

  • Public Magnet Grades PK-5

school-card-donut-901032
2
/10

  • Hennepin Elementary School

  • 2123 Clinton Ave

  • 0.86 miles

  • Public Charter Grades KG-5

school-card-donut-901033
4
/10

  • Twin Cities International Schools

  • 277 12th Ave N

  • 1.49 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 $39,366. Most Minneapolis, MN residents have annual incomes less than $35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 740 Portland Ave Unit 1207

What is the listing price of this property?

The listing price of 740 Portland Ave Unit 1207 property is $520,000.

What type of property is this?

The property 740 Portland Ave Unit 1207 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Active Listing: 740 Portland Ave Unit 1207 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 740 Portland Ave Unit 1207 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 740 Portland Ave Unit 1207 is 1,350 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 740 Portland Ave Unit 1207 is 2016.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›740 Portland Ave Unit 1207

This home is located at 740 Portland Ave Unit 1207 in Minneapolis, MN and zip code 55415 in the Elliot Park neighborhood. This 1,350 square foot home was built in 2016. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $520,000.

Minneapolis, MN housing market in November 2024 saw over 283 listings sold above listed price, more than 203 sold at listed price and over 403 sold below. Between October 2024 and November 2024, Minneapolis, MN real estate market has seen decrease in the number of listings by 6.1%. 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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