Lori Gustafson

4745 Minnehaha Avenue # 201

Minneapolis, MN
$ 635,000 Beds 2 Baths 2 Sq 1,180
Monthly Estimate* How much can I afford?

Enjoy every day at the park in this exceptional southwest-facing residence at The Portico at the Falls. This popular 2-bedroom, 2-bath floor plan offers 1,180 square feet of thoughtfully designed living space with an inviting open-concept layout, beautiful hardwood floors, a clean and contemporary kitchen with generous island seating, stainless steel appliances and crisp white cabinetry. Both bedrooms feature their own en-suite bathrooms, providing comfort and privacy for residents and guests alike. The living room features a sleek gas fireplace and expansive windows that bring in an abundance of natural light while overlooking Minnehaha Park. The southwest orientation also provides a wonderful western exposure and beautiful afternoon light. One of the most special features of this residence is the rare covered front porch overlooking the park a sheltered outdoor space that extends the living area and offers a peaceful place to enjoy the changing seasons. With its direct connection to the park, generous windows, comfortable layout and exceptional location, this is a home that truly makes the most of its setting. Just steps from Minnehaha Park, trails, nature and everything this highly desirable location has to offer.

Single Family

  • Price
  • $ 635,000
  • City
  • Minneapolis
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Cic 2142 Portico At The Falls
  • Lot Size
  • 0.413 Acres
  • Zip
  • 55406
  • Sqr Footage
  • 1,180
  • Year Built
  • 2021
  • Taxes
  • $ 9451
  • Style
  • (CC) High Rise (4+ Levels)
  • MLS#
  • 7142282
Listed By: Keller Williams Realty Integrity
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1180
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less,Flat
Appliances Dishwasher,Disposal,Dryer,Gas Water Heater,Microwave,Range,Refrigerator,Stainless Steel Appliances,Tankless Water Heater,Washer
HOA Fee 468
Garage Spaces 1
Association Fee Includes Building Exterior,Controlled Access,Hazard Insurance,Lawn Care,Maintenance Grounds,Parking,Professional Mgmt,Sanitation,Sewer,Snow Removal
Construction Materials Frame
Year Built 2021
Electric Service - 60 Amp
Levels One
Unit Number 201
Property Subtype (CC) High Rise (4+ Levels)
Tax Year 2026
Accessibility No Stairs Internal
Assoc Fee Paid Per Monthly
County Hennepin
New Construction No
Property Type Residential
Association Amenities Elevator(s),Fire Sprinkler System,Lobby Entrance,Security Building
HOA Yes
Contingency None
Subdivision Name Cic 2142 Portico At The Falls
Full Baths 1
Directions 46th to Minnehaha Ave. South on Minnehaha to Portico at the Falls (4745 Minnehaha).
City Minneapolis
Association Name Associa MN
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 9451
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Porch,Tile Floors,Washer/Dryer Hookup,Walk-In Closet
PostalCity Minneapolis

Interior Features

Basement None
Total Fireplaces 1
Fireplace Features Family Room,Gas
Basement (Y/N) No
Fireplace Y/N Yes
Above Grade Finished Area 1180
3/4 Baths 1
Laundry Features Electric Dryer Hookup,Laundry Closet,Main Level,In Unit,Washer Hookup
Total Bedrooms 2
Total Baths 2
Bath Desc 3/4 Primary,Double Sink,Bathroom Ensuite,Private Primary,Main Floor Full Bath,Walk-In Shower Stall,Walk Thru
Dining Room Description Living/Dining Room
Fuel Natural Gas

Exterior Features

Parking Features Assigned,Concrete,Shared Driveway,Garage Door Opener,Heated Garage,Insulated Garage,Secured,Underground
Lot Features Public Transit (w/in 6 blks)
Water Source City Water/Connected
Lot Size Area 0.413
Building Area Total 1180
Lot Dimensions Common
Waterfront Y/N No
Foundation Area 1180
Road Frontage Type City Street
Road Responsibility Public Maintained Road

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
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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

9/11/2026 Listed $635,000

Property vs Zip Code Average in 55406

Price
AVG $400K
$640K
Taxes
AVG $4,307
$9,451
Year Built
AVG 1944
2021
Visits
AVG 68
17
Data Provided by Inside Real Estate®

Areas That We Cover

4745 Minnehaha Avenue # 201 Minneapolis, MN is a Single Family Home for sale at $635000 with 1180 sqft and a lot size of 0.413 Acres Acre(s). 4745 Minnehaha Avenue # 201 Minneapolis has 2 bedrooms, 2 baths and was built in 2021. 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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