11 days on rocket

740 Portland Ave Unit 1617, Minneapolis, MN, 55415

$595,000

Home List Price

$7,066*

Closing Credit

3 Bedrooms
1 Full Bath
1,679 SqFt
$354/SqFt
Condo

Location

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740 Portland Ave Unit 1617, Minneapolis$595,000

Buyer Closing Credits

$7,066*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached Garage, Electric Vehicle Charging Station(s), Garage Door Opener, Guest Parking, Heated Garage, Parking Garage
Attached Garage2 spaces
Year Built2016
HeatingBaseboard, Forced Air
CoolingCentral Air
MLS #6639041
StatusActive

About 740 Portland Ave Unit 1617

The views on this corner unit are amazing- panoramic views of downtown from two large separate decks. Windows are almost floor-to-ceiling along the exterior walls. Very light and bright! Upgraded throughout: wood floors, tile, carpet, quartz counters, many kitchen cabinets, remote and voice-activated smart blinds on the windows, stainless appliances, and ample closet space with closet organizers. There are two parking stalls- #525 and #526 with a Tesla charger and a storage unit on the fifth floor . Common areas include a community room, a 6th-floor patio with grills & fire pits, an exercise room, and heated guest parking. It is one block from Skyway access, and shops and entertainment are within blocks, centrally located within Elliot Park, which provides easy access to freeways and four blocks to the light rail.

Property Details

Property Features

Property Information:

  • Year Built: 2016
  • Living Area: 1,679 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Electric Vehicle Charging Station(s), Garage Door Opener, Guest Parking, Heated Garage, Parking Garage

Lot Features

Lot Information:

  • Lot: Corner Lot, Zero Lot Line

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: At the corner of 8th and Portland. Portland is a one way and there is paid parking on both sides of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $595,000
  • Price Per SqFt: $354/SqFt

HOA Fees:

  • Amount: $1071
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

Med. Sold Price

$349.9K

Med. Price/SqFt

$202

Avg. Days On Market

33

# of Sold Homes

889

740 Portland Ave Unit 1617 vs Minneapolis

11 DAYS ON ROCKET

-22 Days

$595,000

+$245K More

$354/SqFt

+$152 More

KEY TAKEAWAY

This property is $245K more than the Median Sold Price and $152/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: #6639041

Listing Office:

  • Office Name: RE/MAX Results

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Last updated on: 12/21/2024, 8:22:49 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.

Payment Calculator

$4,108

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,850

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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-782606
2
/10
  • Emerson Elementary School

  • 120 W 15th St

  • 0.82 miles

  • Public Magnet Grades PK-5

school-card-donut-782607
2
/10
  • Hennepin Elementary School

  • 2123 Clinton Ave

  • 0.86 miles

  • Public Charter Grades KG-5

school-card-donut-782608
4
/10
  • Twin Cities International Schools

  • 277 12th Ave N

  • 1.49 miles

  • Public Charter Grades KG-4

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. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 740 Portland Ave Unit 1617

What is the listing price of this property?

The listing price of 740 Portland Ave Unit 1617 property is $595,000.

What type of property is this?

The property 740 Portland Ave Unit 1617 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Active Listing: 740 Portland Ave Unit 1617 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 1617 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 740 Portland Ave Unit 1617 is 1,679 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 740 Portland Ave Unit 1617 is 2016.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›740 Portland Ave Unit 1617

This home is located at 740 Portland Ave Unit 1617 in Minneapolis, MN and zip code 55415 in the Elliot Park neighborhood. This 1,679 square foot home was built in 2016. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $595,000.

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