2425 E Franklin Avenue, 209, Minneapolis, MN 55406 (MLS# 7041663)


$149,900
2425 E Franklin Avenue, 209
Minneapolis, MN 55406
MLS# 7041663
2 beds  |  1 baths  |  1046 sqft


2425 E Franklin Avenue, 209, Minneapolis, MN 55406
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Open House (10/03/2026 - 10:30 am - 12:00 pm)

Property Description
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!

Details
Maps
Documents
Contract Information
Status: Active
Contingency: None
Current Price: 149900
Original List Price: 149900
ListPrice: 149900
List Date: 2026-05-21
Owner is an Agent?: No
Auction?: No
General Property Information
Assoc Mgmt Co. Phone #: 651-224-5482
Association Fee Frequency: Monthly
Association Mgmt Co. Name: Bailey Management
Common Wall: Yes
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Waterfront YN: No
Year Built: 1982
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bedrooms: 2
Baths Total: 1
Bath Full: 1
Main Floor Total SqFt: 1046
Above Grd Total SqFt: 1046
Total SqFt: 1046
Total Finished Sqft: 1046.00
FireplaceYN: No
Style: (CC) High Rise (4+ Levels)
Foundation Size: 1046
Power Company: Xcel Energy
Association Fee: 535
Garage Stalls: 1
Lot Dimensions: CONDO
Acres: 0.65
Assessment Pending: No
Location Tax and Other Information
House Number: 2425
Street Direction Prefix: E
Street Name: Franklin
Street Suffix: Avenue
Unit Number: 209
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55406
Assessments
Tax With Assessments: 2026
Building Information
Finished SqFt Above Ground: 1046
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Property Features
Accessible: Accessible Elevator Installed; Hallways 42"+
Air Conditioning: Wall Unit(s)
Amenities Shared: Coin-op Laundry Owned; Common Garden; Common Laundry Facility; Deck; Elevator(s); Lobby; Security Building
Amenities Unit: Ceiling Fan(s); Primary Bedroom Walk-In Closet; Tile Floors; Walk-In Closet
Appliances: Dishwasher; Range; Refrigerator
Approved Financing: FNMA
Association Fee Includes: Building Exterior; Hazard Insurance; Internet; Outside Maintenance; Parking Space; Professional Mgmt; Sanitation; Shared Amenities; Snow Removal; Water
Basement: None
Bath Description: Main Floor Full Bath
Construction Materials: Block
Construction Status: Previously Owned
Dining Room Description: Informal Dining Room; Living/Dining Room
Electric: Circuit Breakers
Exterior: Brick/Stone; Vinyl
Foundation: Concrete Block
Fuel: Electric
Heating: Baseboard
Internet Options: Cable; Fiber Optic
Laundry: Common Area; Laundry Room
Lock Box Type: Supra
Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light
Parking Characteristics: Assigned; Garage Door Opener; Heated Garage; Insulated Garage
Road Frontage: City Street; Sidewalks
Road Responsibility: Public Maintained Road
Roof: Age 8 Years or Less; Flat; Rubber
Sellers Terms: Cash; Conventional
Sewer: City Sewer/Connected
Shared Rooms: Exercise Room
Special Search: All Living Facilities on One Level; Main Floor Bedroom; Main Floor Primary
Stories: One
Water: City Water/Connected
Room Information
Room Name Dimensions Level
BathroomMain
First (1st) Bedroom16x10Main
Informal Dining RoomMain
Kitchen12x8Main
Living Room21x14Main
Second (2nd) Bedroom11x9Main
Storage RoomMain

Listing Office: Coldwell Banker Realty - Lakes

Last Updated: October - 01 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Friday 2nd of October 2026 03:56 PM

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