Listed at
$230,000
$218/sqft

Cic 1309 Franklin Lofts Condo

111 E Franklin Avenue #308, Minneapolis, MN, 55404
2  Bedrooms1  Bathroom1,056  Square Feet1.73  Acres
Days on market628
Year built1950
Garage spaces1
HOA / month$741
TypeResidential
Est. $3,900buyer credit when you buy with SODL
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About this home

Own a beautiful, contemporary loft in a historic building in the heart of the city! The Franklin Lofts building was built in 1950 as an Art Moderne office building and converted to lofts in 2004. Located on the 3rd/top floor, this light drenched unit combines industrial charm and sleek finishes like exposed ductwork and steel beams with hardwood floors and tall windows for warmth and comfort. Full bathroom has new fixtures, slate floors, vanity & sink. Primary suite features walk-in closet w/ organizers. Updated kitchen has stainless appliances, stone counters, tall cabinetry for maximum storage and function. In-unit laundry plus walk-in storage w/ more organizers. Two parking spaces, one inside the heated underground garage, one on a private lot, plus guest parking. Storage locker also included. Fantastic common outdoor space w/patio, grills. Close to the bus line, restaurants, shopping and more. Move right in!

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Home facts

Property typeResidential
Property subtypeLow Rise
Year built1950
LevelsOne
Living area1,056 sqft
Above-grade finished1,056 sqft
Below-grade finished0 sqft
Lot size1.73 acres (0)
Days on market628
ListedJan 7, 2025
MLS #NST6646035
CountyHennepin
SubdivisionCic 1309 Franklin Lofts Condo
Parcel #3402924120115

Facts & features

Interior

Bedrooms
2
Bathrooms
1
Bath breakdown
1 full
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer

Property

Levels / stories
One
Garage
1 space
Parking features
Heated Garage, Parking Garage
Lot size
1.73 acres
Lot dimensions
0
Accessibility
Doors 36"+, Accessible Elevator Installed, Hallways 42"+

Construction

Property type
Residential
Property subtype
Low Rise
Construction materials
Brick/Stone
Foundation
1,056 sqft
Year built
1950

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected

Community & HOA

Subdivision
Cic 1309 Franklin Lofts Condo
HOA
$741/month
HOA name
Cities Management
HOA phone
612-381-8600
HOA includes
Maintenance Structure, Cable TV, Controlled Access, Hazard Insurance, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Sewer, Shared Amenities, Snow Removal
HOA amenities
Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Lobby Entrance, Patio, Security

Financial & listing details

Annual tax
$2,667 (2024)
Tax with assessments
2667.0000
Listed
Jan 7, 2025
Days on market
628 · 2 cumulative

Interior details

Total bathrooms1
Full baths1
3/4 baths0
Half baths0
1/4 baths0
BasementNone
HeatingForced Air
CoolingCentral Air
AppliancesDishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
AccessibilityDoors 36"+, Accessible Elevator Installed, Hallways 42"+

Exterior & lot

Foundation area1,056 sqft
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected

Parking & garage

ParkingHeated Garage, Parking Garage
Garage spaces1

Financial details

Annual taxes$2,667
Tax year2024
Taxes w/ assessments2667.0000
Assessment pendingNo
HOA fee$741
Down payment resourceY
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District number1
District phone612-668-0000
High schoolMinneapolis
SODL flat fee brokerage
$3,900Estimated buyer credit
SODL platform fee $3,000Your buyer credit $3,900

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$2,249/mo
Principal & interest$1,209
Property taxes$222
Home insurance (est.)$77
HOA fees$741
%
$46,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

111 E Franklin Avenue #308, Minneapolis, MN, 55404

Listing information

MLS #NST6646035
StatusActive
Last updatedJan 9, 2025, 7:00 PM
Originally listedJan 7, 2025, 9:08 PM
Listing officeCompass

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.