2425 E Franklin Avenue # 209
Minneapolis, MN, 55406 $ 149,900
Bedrooms2 Baths1.0 Sq 1,046 Monthly Estimate*
$ 1,035
for $149,900 with 2 bedrooms and 1 full bath. This 1,046 square foot home was built in 1982 on a lot size of 0.651.
Metroplace Condominiums: Offering a financial incentive for Fall Buyers! ** Located on Seward's mainstreet, this spacious, updated 2BR/1BA condo has a great floorplan: large living/dining space, kitchen with lots of cabinets and counter space, large primary bedroom with walk-in closet and second bedroom/home office with full wall of closets. This unit has tons of storage for condo living - entry closet, utility room, and a separate 5x7 storage closet on the same floor as unit. Lots of updates - neutral colors throughout, LED light fixtures, new LVP flooring throughout, new bathroom vanity and brand new appliances. This unit is conveniently located near the 2nd floor (free) laundry and sun deck with grill and garden. This neighborly community is a well-managed, financially strong association (no special assessments in its history) and is approved for conventional financing. The HOA monthly includes: fiber internet, security building with heated, indoor parking, free laundry, bike rack and storage. Owner occupancy required for 2 years before renting. Up to 2 Cats allowed, sorry no pet dogs. Bike or walk to the River, transit, light rail, bus line, restaurants, arts, shops, downtown, universities. ** Now offering a seller-paid 2-1 buydown to lower your interest rate by 2% in the first year and 1% in the second, saving you on monthly payments right out of the gate. Offered at a fantastic budget-friendly price, this is the perfect turn-key starter home to stop renting and start building equity today!
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Single Family Active(CC) High Rise (4+ Levels)
FeaturesGeneralLiving Area 1046
Sewer City Sewer/Connected
Heating Baseboard
Cooling Wall Unit(s)
Roof Age 8 Years or Less Flat Rubber
Appliances Dishwasher Electric Water Heater Range Refrigerator Stainless Steel Appliances
HOA Fee 535
Garage Spaces 1
Association Fee Includes Building Exterior Hazard Insurance Internet Maintenance Grounds Parking Professional Mgmt Sanitation Sewer Shared Amenities Snow Removal Water
Construction Materials Block
Year Built 1982
Electric Circuit Breakers
Levels One
Unit Number 209
Property Subtype (CC) High Rise (4+ Levels)
Tax Year 2026
Accessibility Accessible Elevator Installed Hallways 42 +
Assoc Fee Paid Per Monthly
County Hennepin
New Construction N
Property Type Residential
Association Amenities Laundry Coin-op Laundry Owned Common Garden Deck Elevator(s) Lobby Entrance Security Building
HOA Y
Contingency None
Full Baths 1
Directions East Franklin Ave between 24th and 25th Streets. Street parking available guest parking behind building.
City Minneapolis
Association Name Bailey Management
High School District Minneapolis
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 2026
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s) Primary Bedroom Walk-In Closet Tile Floors Walk-In Closet
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InteriorBasement None
Total Fireplaces 0
Basement (Y/N) N
Fireplace Y/N N
Above Grade Finished Area 1046
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Common Area Laundry Room
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 1
Bath Desc Main Floor Full Bath
Dining Room Description Informal Dining Room Living/Dining Room
Fuel Electric
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ExteriorParking Features Assigned Attached Garage Garage Door Opener Guest Parking Heated Garage Insulated Garage Parking Garage
Lot Features Public Transit (w/in 6 blks) Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.651
Building Area Total 1046
Lot Dimensions CONDO
Waterfront Y/N N
Foundation Area 1046
Road Frontage Type City Street Sidewalks
Road Responsibility Public Maintained Road
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* Excluded FeaturesList ByColdwell Banker Realty - LakesBroker
jjkosalko@cbburnet.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,035
- Monthly Property Taxes
- $169
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Minneapolis, MN
Average List Price $504,928
Percent of Sale Price 237%
About Minneapolis, MN 417,625 Population
9% Since 2002
$ 56,777 Median Income
35.08 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/21/2026 | $149,900 | | Listed Price |