Lori Gustafson

748 3rd Street N # 200

Minneapolis, MN
$ 400,000 Beds 2 Baths 1 Sq 1,000 Virtual Tour
Monthly Estimate* How much can I afford?

Premier corner unit featuring the largest windows in the building. New kitchen and bath completed in 2025. Experience the perfect blend of historic charm and modern sophistication in this exceptional industrial-style condo, located in the iconic Herschel Lofts building in the heart of Minneapolis' highly sought-after North Loop. Surrounded by striking architectural views and picturesque brick-paved streets, this remarkable corner unit offers an unparalleled urban living experience. Soaring 12-foot concrete ceilings, distinctive concrete columns, exposed brick walls, and expansive windows fill the home with natural light and create stunning sightlines throughout. The thoughtfully designed open-concept floor plan provides seamless flow while offering flexible spaces for living, dining, and entertaining. Recent updates include a beautifully renovated kitchen and bath featuring quartzite countertops, classic subway tile, designer tile accents, and stylish plank flooring. The spacious primary suite offers abundant storage, complemented by a versatile second bedroom ideal for guests, a home office, or additional living space. A charming balcony and two dedicated parking stalls adjacent to the elevators complete this exceptional offering. Just steps from the North Loop's acclaimed restaurants, boutique shopping, entertainment, and scenic riverfront trails, this rare residence captures the neighborhood's rich historic character while embracing its vibrant, contemporary energy. A true gem for those seeking an authentic loft lifestyle in one of Minneapolis' most desirable destinations.

Single Family

  • Price
  • $ 400,000
  • City
  • Minneapolis
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Cic 1711 Herschel Lofts
  • Lot Size
  • Zip
  • 55401
  • Sqr Footage
  • 1,000
  • Year Built
  • 1915
  • Taxes
  • $ 5526
  • Style
  • (CC) High Rise (4+ Levels)
  • MLS#
  • 7137388
Listed By: Coldwell Banker Realty - Lakes
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1000
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Appliances Dishwasher,Dryer,Microwave,Range,Refrigerator,Stainless Steel Appliances,Washer
HOA Fee 840
Garage Spaces 2
Association Fee Includes Building Exterior,Cable TV,Controlled Access,Gas,Hazard Insurance,Internet,Lawn Care,Maintenance Grounds,Parking,Professional Mgmt,Sanitation,Sewer,Shared Amenities,Snow Removal,Water
Construction Materials Brick,Concrete
Year Built 1915
Electric Circuit Breakers
Levels One
Unit Number 200
Property Subtype (CC) High Rise (4+ Levels)
Tax Year 2026
Accessibility Other
Assoc Fee Paid Per Monthly
County Hennepin
New Construction No
Property Type Residential
Association Amenities Elevator(s)
HOA Yes
Contingency None
Subdivision Name Cic 1711 Herschel Lofts
Full Baths 1
Directions Washington Ave to N 8th Ave,South on N 3rd St. Guest Parking available.
City Minneapolis
Association Name First Service Residential
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 5526
Additional Parcels Y/N No
Virtual Tour https://tours.spacecrafting.com/n-tf5yz7
Standard Status Active
Lender Owned No
Amenities Unit Balcony,Cable,City View,Main Floor Primary Bedroom,Tile Floors
PostalCity Minneapolis

Interior Features

Basement None
Basement (Y/N) No
Fireplace Y/N No
Above Grade Finished Area 1000
Total Bedrooms 2
Total Baths 1
Bath Desc Main Floor Full Bath,Walk Thru
Dining Room Description Living/Dining Room
Fuel Natural Gas

Exterior Features

Parking Features Assigned,Concrete,Garage Door Opener,Guest Parking,Heated Garage,Parking Garage,Underground
Water Source City Water/Connected
Building Area Total 1000
Lot Dimensions Common
Waterfront Y/N No
Foundation Area 1000

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

9/2/2026 Listed $419,000
9/17/2026 3% - $410,000
9/21/2026 3% - $400,000

Property vs Zip Code Average in 55401

Price
AVG $610K
$400K
Taxes
AVG $9,256
$5,526
Year Built
AVG 1971
1915
Visits
AVG 160
20
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

748 3rd Street N # 200 Minneapolis, MN is a Single Family Home for sale at $400000 with 1000 sqft and a lot size of Acre(s). 748 3rd Street N # 200 Minneapolis has 2 bedrooms, 1 baths and was built in 1915. The property's zip code is 55401 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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