Listed at
$149,900
$143/sqft

2425 E Franklin Avenue #209

2425 E Franklin Avenue #209, Minneapolis, MN, 55406
2  Bedrooms1  Bathroom1,046  Square Feet0.651  Acres
Days on market131
Year built1982
Garage spaces1
HOA / month$535
TypeResidential
Est. $1,497buyer credit when you buy with SODL
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About this home

Metroplace Condominiums: Offering a financial incentive for Fall Buyers! ** Located on Seward's mainstreet, this spacious, updated 2BR/1BA condo has a great floorplan: large living/dining space, kitchen with lots of cabinets and counter space, large primary bedroom with walk-in closet and second bedroom/home office with full wall of closets. This unit has tons of storage for condo living - entry closet, utility room, and a separate 5x7 storage closet on the same floor as unit. Lots of updates - neutral colors throughout, LED light fixtures, new LVP flooring throughout, new bathroom vanity and brand new appliances. This unit is conveniently located near the 2nd floor (free) laundry and sun deck with grill and garden. This neighborly community is a well-managed, financially strong association (no special assessments in its history) and is approved for conventional financing. The HOA monthly includes: fiber internet, security building with heated, indoor parking, free laundry, bike rack and storage. Owner occupancy required for 2 years before renting. Up to 2 Cats allowed, sorry no pet dogs. Bike or walk to the River, transit, light rail, bus line, restaurants, arts, shops, downtown, universities. ** Now offering a seller-paid 2-1 buydown to lower your interest rate by 2% in the first year and 1% in the second, saving you on monthly payments right out of the gate. Offered at a fantastic budget-friendly price, this is the perfect turn-key starter home to stop renting and start building equity today!

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Home facts

Property typeResidential
Property subtype(CC) High Rise (4+ Levels)
Year built1982
LevelsOne
Living area1,046 sqft
Above-grade finished1,046 sqft
Below-grade finished0 sqft
Lot size0.651 acres (CONDO)
Days on market131
ListedMay 21, 2026
MLS #NST7041663
CountyHennepin
Parcel #3602924120205

Facts & features

Interior

Bedrooms
2
Bathrooms
1
Bath breakdown
1 full
Heating
Baseboard
Cooling
Wall Unit(s)
Appliances
Dishwasher, Electric Water Heater, Range, Refrigerator, Stainless Steel Appliances

Property

Levels / stories
One
Garage
1 space
Parking features
Assigned, Attached Garage, Garage Door Opener, Guest Parking, Heated Garage, Insulated Garage, Parking Garage
Exterior features
Stone, Vinyl
Lot size
0.651 acres
Lot dimensions
CONDO

Construction

Property type
Residential
Property subtype
(CC) High Rise (4+ Levels)
Construction materials
Block
Foundation
Block · 1,046 sqft
Roof
Age 8 Years or Less, Flat, Rubber
Year built
1982

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Electric
Electric
Circuit Breakers

Community & HOA

HOA
$535/month
HOA name
Bailey Management
HOA phone
6512245482
HOA includes
Building Exterior, Hazard Insurance, Internet, Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Sewer, Shared Amenities, Snow Removal, Water
HOA amenities
Laundry, Coin-op Laundry Owned, Common Garden, Deck, Elevator(s), Lobby Entrance, Security Building
School district
1 - Minneapolis

Financial & listing details

Annual tax
$2,026 (2026)
Listed
May 21, 2026
Days on market
131
Manufactured home
Yes

Interior details

Total bathrooms1
Full baths1
3/4 baths0
Half baths0
1/4 baths0
BasementNone
HeatingBaseboard
CoolingWall Unit(s)
LaundryCommon Area, Laundry Room
AppliancesDishwasher, Electric Water Heater, Range, Refrigerator, Stainless Steel Appliances
DiningInformal Dining Room, Living/Dining Room
AmenitiesCeiling Fan(s), Primary Bedroom Walk-In Closet, Tile Floors, Walk-In Closet
AccessibilityAccessible Elevator Installed, Hallways 42"+
Special featuresAll Living Facilities on One Level, Main Floor Primary, Main Floor Bedroom

Exterior & lot

ExteriorStone, Vinyl
RoofAge 8 Years or Less, Flat, Rubber
FoundationBlock
Foundation area1,046 sqft
Lot featuresPublic Transit (w/in 6 blks), Tree Coverage - Light
Road frontageCity Street, Sidewalks
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelElectric

Parking & garage

ParkingAssigned, Attached Garage, Garage Door Opener, Guest Parking, Heated Garage, Insulated Garage, Parking Garage
Garage spaces1

Financial details

Annual taxes$2,026
Tax year2026
Taxes w/ assessments2026
Assessment pendingNo
HOA fee$535
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District1 - Minneapolis
District number1
District phone6126680000
High schoolMinneapolis
SODL flat fee brokerage
$1,497Estimated buyer credit
SODL platform fee $3,000Your buyer credit $1,497

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

$1,542/mo
Principal & interest$788
Property taxes$169
Home insurance (est.)$50
HOA fees$535
%
$29,980
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

2425 E Franklin Avenue #209, Minneapolis, MN, 55406

Listing information

MLS #NST7041663
StatusActive
Last updatedSep 22, 2026, 7:49 PM
Originally listedMay 21, 2026, 8:42 AM
Listing officeColdwell Banker Realty - Lakes
Co-listing officeColdwell Banker Realty - Lakes

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.