3 months on rocket

740 Portland Ave Unit 1617, Minneapolis, MN, 55415

$615,000

Home List Price

$7,303*

Closing Credit

3 Bedrooms
1 Full Bath
1,624 SqFt
$379/SqFt
Condo

Location

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740 Portland Ave Unit 1617, Minneapolis$615,000

Buyer Closing Credits

$7,303*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached Garage, Electric Vehicle Charging Station(s), Garage Door Opener, Heated Garage, Parking Garage, Secured
Attached Garage2 spaces
Year Built2016
HeatingBaseboard
CoolingCentral Air
MLS #6587743
StatusActive

About 740 Portland Ave Unit 1617

This exceptional, rare corner unit is the one you've been waiting for! With expansive floor-to-ceiling windows offering stunning views of downtown, you'll feel like your on top of the world. This private end unit offers a spacious open floor plan, high ceilings, and 2 decks, aling with modern touches like remote-controlled smart blinds. The primary en-suite is generously sized, and you'll have the convenience of two parking spaces with a private electric charging station. The building features a community room for entertaining, fitness center, huge outdoor patio with grills and fire pits and indoor heating guest parking. Located in the heart of downtown Minneapolis, this unit offers the best of city living at your doorstep. Just one block from the skyway and within walking distance to restaurants, shops, sporting events, theaters, and more, it embodies the essence of urban living.

Property Details

Property Features

Property Information:

  • Year Built: 2016
  • Living Area: 1,624 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Oven, 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: Assigned, Attached Garage, Electric Vehicle Charging Station(s), Garage Door Opener, Heated Garage, Parking Garage, Secured

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From 35W: Exit 5th Ave S, West on S 6th St and South on Portland Ave S.

Price Information

Listing Price Info

Price Summary:

  • List Price: $615,000
  • Price Per SqFt: $379/SqFt

HOA Fees:

  • Amount: $930
  • 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

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

740 Portland Ave Unit 1617 vs Minneapolis

96 DAYS ON ROCKET

+62 Days

$615,000

+$265.1K More

$379/SqFt

+$177 More

KEY TAKEAWAY

This property is $265.1K more than the Median Sold Price and $177/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: #6587743

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 11/21/2024, 11:22:49 AM 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

$4,067

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,910

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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-269967
2
/10

  • Emerson Elementary School

  • 120 W 15th St

  • 0.82 miles

  • Public Magnet Grades PK-5

school-card-donut-269968
2
/10

  • Hennepin Elementary School

  • 2123 Clinton Ave

  • 0.86 miles

  • Public Charter Grades KG-5

school-card-donut-269969
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. The majority of Minneapolis, MN residents have income less than $35k annually. Typical family type is 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 740 Portland Ave Unit 1617

What is the listing price of this property?

The listing price of 740 Portland Ave Unit 1617 property is $615,000.

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 1,624 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 1,624 square foot home was built in 2016. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 16, 2024 and is currently priced at $615,000.

Minneapolis, MN housing market in October 2024 saw over 356 listings sold above listed price, more than 223 sold at listed price and over 399 sold below. The number of homes for sale in Minneapolis, MN increased by 9.3% between September 2024 and October 2024. In October 2024 median list price was $349,843 and the average listing age was 34 days.

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

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