Lori Gustafson

2425 E Franklin Avenue # 303

Minneapolis, MN
$ 150,000 Beds 2 Baths 1 Sq 1,046
Monthly Estimate* How much can I afford?

Immaculate and move in ready, unit #303 features the bonus of a roomy & pleasant private balcony, offering the additional comfort of outdoor space for you & your plants to enjoy! This well cared for unit offers New Dishwasher 2024, Newer LG brand flat-top Range, New A/C in main living area, Newer Thermostat, New Toilet 2026, Freshly Cleaned Carpeting, and Fresh Paint throughout. Quality touches that make all the difference: Solid sound-proofing makes for a comfortable experience in the building. Neighborly & beloved condo community is exceptionally well managed! Fast & Free WI-FI included easily accommodates your streaming & gaming and all WFH needs. Secure, Heated Parking with a dedicated assigned parking space included. All utilities included, apart from electric. Free Laundry facilities right on the same level. Roomy closets provide plentiful storage within unit #303, plus additional individual storage room, 6.5' x 4.5', is just down the hall. Fitness facility right on the property is tiny-but-mighty to cover your workout basics ~ what more do you need? and no gym membership necessary! Secure and well cared for building offers a large communal patio for tasteful & lovely lounging space to grill and enjoy the outdoors! Cats (up to 2) are welcome! Once 2 years of owner / owner's immediate family occupancy is completed, unit rental is allowed. Truly excellent HOA is financially well managed and has not had to levy a single assessment in its history! Just blocks from the beautiful green space of Mississippi River Parkway, welcome home to unit #303 where you can enjoy homeowner ease, community, and peace of mind!

Single Family

  • Price
  • $ 150,000
  • City
  • Minneapolis
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Condo 0494 Metroplace Condo
  • Lot Size
  • 0.651 Acres
  • Zip
  • 55406
  • Sqr Footage
  • 1,046
  • Year Built
  • 1982
  • Taxes
  • $ 2092
  • Style
  • (CC) Low Rise (3- Levels)
  • MLS#
  • 7111692
Listed By: Bridge Realty, LLC
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1046
Sewer City Sewer/Connected
Heating Baseboard
Cooling Wall Unit(s)
Roof Age 8 Years or Less,Flat,Rubber
Appliances Dishwasher,Disposal,Electric Water Heater,Exhaust Fan,Range,Refrigerator
HOA Fee 565
Garage Spaces 1
Association Fee Includes Building Exterior,Controlled Access,Hazard Insurance,Heating,Internet,Lawn Care,Maintenance Grounds,Parking,Professional Mgmt,Recreation Facility,Sanitation,Sewer,Shared Amenities,Snow Removal,Water
Year Built 1982
Levels One
Unit Number 303
Property Subtype (CC) Low Rise (3- Levels)
Tax Year 2026
Accessibility Accessible Elevator Installed,Hallways 42 +,Door Lever Handles,Partially Wheelchair
Assoc Fee Paid Per Monthly
County Hennepin
New Construction No
Property Type Residential
Association Amenities Laundry,Deck,Elevator(s),Lobby Entrance,Patio,Security Lighting
HOA Yes
Contingency None
Subdivision Name Condo 0494 Metroplace Condo
Full Baths 1
Directions Take Franklin Ave. to #2425,unit #303
City Minneapolis
Association Name Bailey Enterprises
High School District Minneapolis
Zoning Description Residential-Multi-Family,Residential-Single Family
Lot Size Units Acres
Property Attached Y/N Yes
Land Lease Y/N No
Tax Annual Amount 2092.32
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Balcony,Exercise Room,Intercom System,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Security Lights,Walk-In Closet
PostalCity Minneapolis

Interior Features

Basement None
Basement (Y/N) No
Fireplace Y/N No
Above Grade Finished Area 1046
Laundry Features Common Area,Laundry Closet,Main Level
Total Bedrooms 2
Total Baths 1
Bath Desc Main Floor Full Bath
Dining Room Description Informal Dining Room,Living/Dining Room
Fuel Electric
Garage Square Feet 200

Exterior Features

Parking Features Assigned,Attached Garage,Covered,Electric,Garage Door Opener,Guest Parking,Insulated Garage,Parking Garage,Secured,Underground
Lot Features Public Transit (w/in 6 blks)
Water Source City Water/Connected
Lot Size Area 0.651
Building Area Total 1046
Lot Dimensions condo
Waterfront Y/N No
Foundation Area 1046

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

7/17/2026 Listed $150,000

Property vs Zip Code Average in 55406

Price
AVG $400K
$150K
Taxes
AVG $4,307
$2,092
Year Built
AVG 1944
1982
Visits
AVG 68
60
Data Provided by Inside Real Estate®

Areas That We Cover

2425 E Franklin Avenue # 303 Minneapolis, MN is a Single Family Home for sale at $150000 with 1046 sqft and a lot size of 0.651 Acres Acre(s). 2425 E Franklin Avenue # 303 Minneapolis has 2 bedrooms, 1 baths and was built in 1982. The property's zip code is 55406 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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