10 days on rocket

740 Portland Ave Unit 1618, Minneapolis, MN, 55415

$645,000

Home List Price

$7,659*

Closing Credit

3 Bedrooms
1 Full Bath
1,705 SqFt
$378/SqFt
Condo

Location

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740 Portland Ave Unit 1618, Minneapolis$645,000

Buyer Closing Credits

$7,659*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached Garage, Concrete, Shared Driveway, Secured, Shared Garage/Stall, Storage
Attached Garage2 spaces
Year Built2016
HeatingBaseboard, Forced Air, Fireplace(s)
CoolingCentral Air
FireplaceDecorative, Electric, Living Room
MLS #6627749
StatusActive

About 740 Portland Ave Unit 1618

Welcome to the epitome of urban elegance! Explore the unparalleled luxury of this 3-bed, 2-bath penthouse in the esteemed Portland Tower. Ideally positioned on the corner of Portland Ave and Eighth, this residence is stone's throw away from iconic destinations such as the US Bank Stadium, Target Field, Target Center, and the vibrant downtown scene. Step inside to discover a culinary haven with a custom kitchen, where every detail is meticulously crafted for the discerning chef. The open floorplan provides a seamless flow, allowing you to entertain while soaking in panoramic views of downtown Minneapolis and US Bank Stadium. The primary bedroom is a sanctuary of serenity, featuring a generously sized walk-in closet capable of accommodating everyone's wardrobe needs. The private ensuite is a beautifully appointed retreat, elevating your daily routine to a spa-like experience. Come check out this condo for yourself!

Property Details

Property Features

Property Information:

  • Year Built: 2016
  • Living Area: 1,705 SqFt

Listing Office:

  • Office Name: Keller Williams Select Realty

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Water Filtration System, Water Osmosis System, Microwave, Refrigerator, Stainless Steel Appliances, Oven, Washer
  • Basement: No
  • Fireplace: Decorative, Electric, Living Room

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, Concrete, Shared Driveway, Secured, Shared Garage/Stall, Storage

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air, Fireplace(s)
  • Cooling: Central Air

Other

Directions Information:

  • Directions: from S 7th St, Left into Portland Ave building on the right corner of Portland Ave and eighth.

Price Information

Listing Price Info

Price Summary:

  • List Price: $645,000
  • Price Per SqFt: $378/SqFt

HOA Fees:

  • Amount: $1007
  • 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 1618 vs Minneapolis

10 DAYS ON ROCKET

-24 Days

$645,000

+$295.1K More

$378/SqFt

+$176 More

KEY TAKEAWAY

This property is $295.1K more than the Median Sold Price and $176/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: #6627749

Listing Office:

  • Office Name: Keller Williams Select Realty

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Last updated on: 11/21/2024, 10:22:50 AM 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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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-263814
2
/10

  • Emerson Elementary School

  • 120 W 15th St

  • 0.82 miles

  • Public Magnet Grades PK-5

school-card-donut-263815
2
/10

  • Hennepin Elementary School

  • 2123 Clinton Ave

  • 0.86 miles

  • Public Charter Grades KG-5

school-card-donut-263816
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. Residents of Minneapolis, MN typically earn less than $35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 740 Portland Ave Unit 1618

What is the listing price of this property?

The listing price of 740 Portland Ave Unit 1618 property is $645,000.

What type of property is this?

The property 740 Portland Ave Unit 1618 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Active Listing: 740 Portland Ave Unit 1618 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 1618 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 740 Portland Ave Unit 1618 is 1,705 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 740 Portland Ave Unit 1618 is 2016.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›740 Portland Ave Unit 1618

This home is located at 740 Portland Ave Unit 1618 in Minneapolis, MN and zip code 55415 in the Elliot Park neighborhood. This 1,705 square foot home was built in 2016. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 10, 2024 and is currently priced at $645,000.

In October 2024 more than 356 listings in Minneapolis, MN were sold above the asking price. During the same period more than 223 listings were sold at asking price, while more than 399 were sold below. The inventory of homes for sale in Minneapolis, MN between September 2024 and October 2024 increased by 9.3%. The median list price of listings available in October 2024 was $349,843, while the average time on the real estate market was 34 days.

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

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