13 days on rocket

504 Franklin Ave Unit 2C, Minneapolis, MN, 55405

$137,500

Home List Price

$1,633*

Closing Credit

1 Bedroom
1 Full Bath
619 SqFt
$222/SqFt
Townhouse
Schools Nearby

Location

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504 Franklin Ave Unit 2C, Minneapolis$137,500

Buyer Closing Credits

$1,633*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingCovered
Garage1 space
Year Built1961
HeatingHot Water
CoolingWall Unit(s)
MLS #6537259
StatusActive

About 504 Franklin Ave Unit 2C

Charming and well maintained condo conveniently located within walking distance of many businesses. The home itself has an updated feel with updated appliances and bathroom. The association includes mostly all utilities and insurance. You can enjoy this home with the excellent location with a rooftop that includes panoramic views!

Property Details

Property Features

Property Information:

  • Year Built: 1961
  • Living Area: 619 SqFt

Listing Office:

  • Office Name: RE/MAX Advantage Plus

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Covered

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: Wall Unit(s)

School Info

Assigned Schools Information:

  • Southwest High School, Public District Grades 9-12
  • Jefferson Community School, Public District Grades PK-8

Other

Directions Information:

  • Directions: 1/2 BLOCK EAST OF LYNDALE AND FRANKLIN

Price Information

Listing Price Info

Price Summary:

  • List Price: $137,500
  • Price Per SqFt: $222/SqFt

HOA Fees:

  • Amount: $306
  • 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

$344.8K

Med. Price/SqFt

$201

Avg. Days On Market

26

# of Sold Homes

1165

504 Franklin Ave Unit 2C vs Minneapolis

13 DAYS ON ROCKET

-13 Days

$137,500

-$207.3K Less

$222/SqFt

+$20 More

KEY TAKEAWAY

This property is $207.3K less than the Median Sold Price and $20/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: #6537259

Listing Office:

  • Office Name: RE/MAX Advantage Plus

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Last updated on: 6/3/2024, 12:52:31 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

$1,060

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$479

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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.

Elementary School

school-card-donut-7806461
1
/10

  • Jefferson Community School

  • 1200 W 26th St

  • 0.64 miles

  • Public District Grades PK-8

High School

school-card-donut-7806462
7
/10

  • Southwest High School

  • 3414 W 47th St

  • 3.58 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,364. Typical income of Minneapolis, MN residents is less than $35k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 504 Franklin Ave Unit 2C

What is the listing price of this property?

The listing price of 504 Franklin Ave Unit 2C property is $137,500.

What type of property is this?

The property 504 Franklin Ave Unit 2C is a townhouse located in Minneapolis, Minnesota, 55405.

Is this property for sale now?

Active Listing: 504 Franklin Ave Unit 2C is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 504 Franklin Ave Unit 2C are:
Jefferson Community School: GreatSchools Rating 1/10
Southwest High School: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 504 Franklin Ave Unit 2C has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 504 Franklin Ave Unit 2C is 619 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 504 Franklin Ave Unit 2C is 1961.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55405›504 Franklin Ave Unit 2C

This home is located at 504 Franklin Ave Unit 2C in Minneapolis, MN and zip code 55405 in the Stevens Square / Loring Heights neighborhood. This 619 square foot home was built in 1961. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 20, 2024 and is currently priced at $137,500.

In May 2024 more than 562 listings in Minneapolis, MN were sold above the asking price. During the same period more than 240 listings were sold at asking price, while more than 363 were sold below. The number of listings in Minneapolis, MN increased by 15.9% between April 2024 and May 2024. Listings spent 26 days on the market in May 2024, and had a median list price of $344,877 during the same period.

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

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