Active
$375,000

290 Market Street #502, Minneapolis, MN, 55405

1  Bedrooms1  Bathroom1,295  Square Feet1.02  Acres
Days on market0
Year built2006
Garage spaces1
Potential $8,250buyer credit when you buy with SODL
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About this home

Historic Character Meets Modern Loft Living at IMS Lofts. Experience the perfect blend of historic charm and modern urban living at the sought-after IMS Lofts. Originally home to the Northwestern Knitting Company/Munsingwear textile factory, this beautifully converted Classic Revival building showcases distinctive architectural character alongside contemporary comfort. This exceptional one-bedroom plus den, one-bath residence features one of the building’s most desirable layouts, offering the feel of a spacious one-bedroom with a dedicated office and the easy convertibility to suit your lifestyle. Soaring ceilings, exposed brick, original factory maple hardwood floors, and expansive walls of windows create an authentic loft atmosphere filled with character and natural light. Enjoy panoramic sunset views, with Target Field as a standout feature, from your spacious deck. The generously sized primary bedroom features an impressive walk-in closet, providing exceptional storage. Thoughtful updates enhance the home’s appeal, including a refreshed bathroom with new lighting and mirror, upgraded stainless steel appliances, and updated lighting. Additional highlights include one underground garage parking space, and a large storage locker. Move-in ready and rich in character, this distinctive loft offers a rare opportunity to enjoy historic architecture, flexible living space, and spectacular panoramic sunset views in one of Minneapolis’s most memorable loft buildings.

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Home facts

Property typeResidential
Property subtype(CC) High Rise (4+ Levels)
Year built2006
LevelsOne
Living area1,295 sqft
Above-grade finished1,295 sqft
Below-grade finished0 sqft
Lot size1.02 acres (common)
Days on market0
ListedOct 28, 2026
MLS #NST7165358
CountyHennepin
SubdivisionThe Lofts At IMS
Parcel #2102924440092

Facts & features

Interior

Bedrooms
1
Bathrooms
1
Bath breakdown
1 full
Heating
Baseboard, Hot Water, Radiant
Cooling
Central Air
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer

Property

Levels / stories
One
Garage
1 space
Parking features
Attached Garage, Garage Door Opener, Guest Parking, Parking Garage, More Parking Onsite for Fee, Secured, Underground
Patio & porch
Deck
Exterior features
Stone
Pool
None

Construction

Property type
Residential
Property subtype
(CC) High Rise (4+ Levels)
Construction materials
Concrete
Foundation
Brick/Mortar · 1,295 sqft
Roof
Age Over 8 Years, Flat, Tar/Gravel
Year built
2006

Utilities

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

Community & HOA

Subdivision
The Lofts At IMS
HOA
$873/month
HOA name
Cities Management
HOA phone
7632256400
HOA includes
Air Conditioning, Building Exterior, Controlled Access, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Security Staff, Security System
HOA amenities
Car Wash, Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, In-Ground Sprinkler System, Lobby Entrance, Security Building, Security Lighting

Financial & listing details

Annual tax
$4,470 (2026)
Listed
Oct 28, 2026
Days on market
0
Manufactured home
Yes

Interior details

Total bathrooms1
Full baths1
3/4 baths0
Half baths0
1/4 baths0
BasementNone
HeatingBaseboard, Hot Water, Radiant
CoolingCentral Air
LaundryLaundry Closet, In Unit
AppliancesCooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
DiningBreakfast Area, Kitchen/Dining Room
AmenitiesCity View, Deck, Hardwood Floors, Indoor Sprinklers, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Natural Woodwork, Panoramic View, Security System, Tile Floors, Washer/Dryer Hookup, Walk-In Closet
AccessibilityAccessible Elevator Installed, Hallways 42"+, No Stairs Internal
Special featuresMain Floor Primary, Main Floor Bedroom, Main Floor Laundry, Primary Bdr Suite

Exterior & lot

ExteriorStone
RoofAge Over 8 Years, Flat, Tar/Gravel
FoundationBrick/Mortar
Foundation area1,295 sqft
Patio/porchDeck
Lot featuresPublic Transit (w/in 6 blks), Corner Lot, Tree Coverage - Medium, Underground Utilities
Road frontageCity Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Garage Door Opener, Guest Parking, Parking Garage, More Parking Onsite for Fee, Secured, Underground
Garage spaces1

Financial details

Annual taxes$4,470
Tax year2026
Taxes w/ assessments4470
Assessment pendingNo
HOA fee$873
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District1 - Minneapolis
District number1
District phone6126680000
High schoolMinneapolis
SODL flat fee brokerage
$8,250Estimated buyer credit
SODL platform fee $3,000Your buyer credit $8,250

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

$3,341/mo
Principal & interest$1,971
Property taxes$373
Home insurance (est.)$125
HOA fees$873
%
$75,000
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

290 Market Street #502, Minneapolis, MN, 55405

Listing information

MLS #NST7165358
Last reported MLS statusActive
MLS record updatedOct 28, 2026, 4:04 PM
Originally listedOct 28, 2026, 10:27 AM
Listing officeRE/MAX Results

Status reflects the latest MLS record available to SODL, not independently confirmed current availability. 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.