Lori Gustafson

250 Park Avenue # 705

Minneapolis, MN
$ 345,000 Beds 2 Baths 2 Sq 1,618
Monthly Estimate* How much can I afford?

This stunning top-floor 2-story loft in the historic American Trio Lofts offers an exceptional blend of industrial character and modern living in the heart of Minneapolis. Originally built in 1900 as a warehouse for the Pittsburgh Plate Glass Company, the building was thoughtfully converted into condominiums in 2004. As original owners, the sellers have cared for this home with pride and have made tasteful updates throughout. Spanning 1,618 square feet, the open-concept layout is bright and inviting with soaring ceilings and impressive loft-style architecture. The main level features a spacious living room, informal dining area, well-appointed kitchen, dedicated office/bonus room, a full bathroom, laundry, and a secondary bedroom-perfect for guests, work-from-home flexibility, or additional living space. Upstairs features the primary bedroom, a generous bonus sitting room and a private ¾ bathroom with a sleek step-in shower. The two-level design creates wonderful separation between living and sleeping areas while maintaining that coveted open-loft feel. Recent updates include a full interior repaint, new tile flooring in both bathrooms and new light fixtures. Building Amenities include free, required 24-hour on-site valet parking, a fully equipped fitness center with separate yoga and training studio and a spectacular rooftop patio with panoramic downtown Minneapolis views-ideal for entertaining or unwinding. SELLER TO PAY OFF REMAINING HOA ASSESSMENT BALANCE AT CLOSING!

Single Family

  • Price
  • $ 345,000
  • City
  • Minneapolis
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Cic 1350 American Trio Lofts Condo
  • Lot Size
  • 0.635 Acres
  • Zip
  • 55415
  • Sqr Footage
  • 1,618
  • Year Built
  • 1900
  • Taxes
  • $ 7198
  • Style
  • (CC) High Rise (4+ Levels)
  • MLS#
  • 7068110
Listed By: Edina Realty, Inc.
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1618
Sewer City Sewer/Connected
Heating Baseboard
Cooling Central Air
Roof Flat,Tar/Gravel
Appliances Cooktop,Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Stainless Steel Appliances,Washer
HOA Fee 1157.47
Garage Spaces 1
Association Fee Includes Air Conditioning,Building Exterior,Controlled Access,Gas,Hazard Insurance,Heating,Internet,Lawn Care,Maintenance Grounds,Parking,Professional Mgmt,Sanitation,Security System,Sewer,Shared Amenities,Sn
Year Built 1900
Electric Circuit Breakers
Levels Two
Unit Number 705
Property Subtype (CC) High Rise (4+ Levels)
Tax Year 2026
Accessibility Accessible Elevator Installed
Assoc Fee Paid Per Monthly
County Hennepin
New Construction No
Property Type Residential
Association Amenities Concrete Floors & Walls,Deck,Elevator(s),Fire Sprinkler System,Lobby Entrance,Patio,Security Building,Security Lighting
HOA Yes
Contingency None
Subdivision Name Cic 1350 American Trio Lofts Condo
Full Baths 1
Directions Corner of South 3rd Street and Park Ave.
City Minneapolis
Association Name Sudler Property Management
High School District Minneapolis
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N Yes
Land Lease Y/N No
Tax Annual Amount 7198
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit City View,Ethernet Wired,French Doors,Hardwood Floors,Indoor Sprinklers,Main Floor Primary Bedroom,Natural Woodwork,Paneled Doors,Skylight,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup
PostalCity Minneapolis

Interior Features

Basement None
Basement (Y/N) No
Fireplace Y/N No
Above Grade Finished Area 1618
3/4 Baths 1
Laundry Features Laundry Closet,Main Level,In Unit
Total Bedrooms 2
Total Baths 2
Bath Desc Main Floor Full Bath,Upper Level 3/4 Bath,Walk-In Shower Stall
Dining Room Description Informal Dining Room,Kitchen/Dining Room
Fuel Natural Gas
Garage Square Feet 162

Exterior Features

Parking Features Attached Garage,Heated Garage,Other,Parking Garage,Secured,Underground
Lot Features Public Transit (w/in 6 blks)
Water Source City Water/Connected
Lot Size Area 0.635
Building Area Total 1618
Lot Dimensions Common
Waterfront Y/N No
Foundation Area 1060

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/23/2026 Listed $399,000
7/22/2026 7% - $375,000
8/12/2026 8% - $345,000

Property vs Zip Code Average in 55415

Price
AVG $640K
$350K
Taxes
AVG $9,401
$7,198
Year Built
AVG 1986
1900
Visits
AVG 155
192
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

250 Park Avenue # 705 Minneapolis, MN is a Single Family Home for sale at $345000 with 1618 sqft and a lot size of 0.635 Acres Acre(s). 250 Park Avenue # 705 Minneapolis has 2 bedrooms, 2 baths and was built in 1900. The property's zip code is 55415 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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