Lori Gustafson

1240 2nd Street S # 325

Minneapolis, MN
$ 419,900 Beds 2 Baths 2 Sq 1,143
Monthly Estimate* How much can I afford?

Beautiful two-bedroom residence in the Mill District offering exceptional amenities. The unit features hardwood flooring, granite countertops, stainless steel appliances, and a private balcony with a gas grill connection. Residents enjoy access to a full-service building with 24/7 front desk staff, a swimming pool, hot tub, outdoor patios with fire pits and grills, lawn bowling, a community room with a catering kitchen, a game room with a golf simulator, a fitness center with a separate weight room, two pet grooming stations, a fenced dog park, and a playground.

Single Family

  • Price
  • $ 419,900
  • City
  • Minneapolis
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • The Legacy
  • Lot Size
  • Zip
  • 55415
  • Sqr Footage
  • 1,143
  • Year Built
  • 2018
  • Taxes
  • $ 6114
  • Style
  • (CC) High Rise (4+ Levels)
  • MLS#
  • 7068892
Listed By: DRG
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1143
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less,Flat
Appliances Dishwasher,Disposal,Dryer,Exhaust Fan,Microwave,Range,Refrigerator,Washer
HOA Fee 693
Garage Spaces 1
Association Fee Includes Air Conditioning,Building Exterior,Cable TV,Controlled Access,Gas,Hazard Insurance,Heating,Internet,Lawn Care,Maintenance Grounds,Parking,Professional Mgmt,Sanitation,Security System,Sewer,Shared Ame
Pool Features Above Ground,Outdoor,Shared
Year Built 2018
Levels One
Unit Number 325
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 Car Wash,Concrete Floors & Walls,Elevator(s),Hot Tub,Patio,Sauna
HOA Yes
Contingency None
Subdivision Name The Legacy
Full Baths 1
Directions From DRG,take south to Washington Ave,head east,turn right on Chicago Ave; The Legacy Condominiums is ahead.
City Minneapolis
Association Name First Service Residential
High School District Minneapolis
Zoning Description Residential-Multi-Family
Lot Size Units Acres
Property Attached Y/N Yes
Land Lease Y/N No
Tax Annual Amount 6114.82
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Balcony,Hardwood Floors,Natural Woodwork,Tile Floors,Washer/Dryer Hookup,Walk-In Closet
PostalCity Minneapolis

Interior Features

Basement None
Basement (Y/N) No
Fireplace Y/N No
Above Grade Finished Area 1143
3/4 Baths 1
Total Bedrooms 2
Total Baths 2
Bath Desc 3/4 Primary,Private Primary,Main Floor 3/4 Bath,Main Floor Full Bath
Dining Room Description Breakfast Area,Eat In Kitchen,Kitchen/Dining Room,Living/Dining Room
Fuel Natural Gas

Exterior Features

Fencing None
Parking Features Assigned,Concrete,Shared Driveway,Garage Door Opener,Heated Garage,Underground,Units Vary
Lot Features Public Transit (w/in 6 blks),Zero Lot Line
Water Source City Water/Connected
Lot Dimensions Common
Waterfront Y/N No
Foundation Area 1143
Road Frontage Type City Street,Curbs,Paved Streets,Sidewalks

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

5/6/2026 Listed $435,000
5/22/2026 2% - $429,900
8/11/2026 2% - $424,900
9/18/2026 2% - $419,900

Property vs Zip Code Average in 55415

Price
AVG $640K
$420K
Taxes
AVG $9,401
$6,114
Year Built
AVG 1986
2018
Visits
AVG 155
273
Data Provided by Inside Real Estate®

Areas That We Cover

1240 2nd Street S # 325 Minneapolis, MN is a Single Family Home for sale at $419900 with 1143 sqft and a lot size of Acre(s). 1240 2nd Street S # 325 Minneapolis has 2 bedrooms, 2 baths and was built in 2018. 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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