Franklin Lofts 111 E Franklin Ave Unit 316 Minneapolis, MN 55404
Whittier NeighborhoodEstimated payment $1,913/month
Total Views
5,169
1
Bed
1
Bath
890
Sq Ft
$242
Price per Sq Ft
Highlights
- Very Popular Property
- Main Floor Primary Bedroom
- Eat-In Kitchen
- City View
- Elevator
- 4-minute walk to Washburn Fair Oaks Park
About This Home
Opportunity to own a truly outstanding loft in the heart of the city at Franklin Lofts. Originally built in the 1950s as an Art Moderne office building, this architectural gem was creatively converted to lofts in 2004. Located on the top floor, this corner unit is flooded with year-round natural light from two full walls of windows and showcases the best downtown skyline view in town—striking at night when the city glows. Includes one assigned parking space (#44) in the surface lot, a basement storage unit, communal bike storage, and rights to lease an indoor parking spot. The shared outdoor courtyard with gardens, grills, and a spacious patio offers a perfect place to relax, entertain, or socialize. Within walking distance to Eat Street, The Wedge (the city’s best co-op), and the Minneapolis Institute of Art.
Open House Schedule
-
Saturday, August 02, 202511:00 am to 1:00 pm8/2/2025 11:00:00 AM +00:008/2/2025 1:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,454
Year Built
- Built in 1950
HOA Fees
- $521 Monthly HOA Fees
Parking
- Assigned Parking
Home Design
- Flat Roof Shape
Interior Spaces
- 890 Sq Ft Home
- 1-Story Property
- Living Room
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Additional Features
- Patio
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 3402924120123
Community Details
Overview
- Association fees include cable TV, controlled access, hazard insurance, lawn care, ground maintenance, parking, professional mgmt, trash, snow removal
- Omega Property Management Association, Phone Number (763) 449-9100
- Low-Rise Condominium
- Cic 1309 Franklin Lofts Condo Subdivision
Additional Features
- Elevator
- Fire Sprinkler System
Map
About Franklin Lofts
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $2,454 | $205,000 | $10,000 | $195,000 |
| 2022 | $2,606 | $205,000 | $9,000 | $196,000 |
| 2021 | $2,490 | $205,000 | $6,000 | $199,000 |
| 2020 | $2,553 | $203,000 | $11,900 | $191,100 |
| 2019 | $2,457 | $193,500 | $11,900 | $181,600 |
| 2018 | $2,561 | $182,500 | $11,900 | $170,600 |
| 2017 | $2,448 | $159,000 | $11,900 | $147,100 |
| 2016 | $2,457 | $154,500 | $11,900 | $142,600 |
| 2015 | $2,580 | $154,500 | $11,900 | $142,600 |
| 2014 | -- | $131,000 | $11,900 | $119,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | For Sale | $215,000 | -- | $242 / Sq Ft |
Source: NorthstarMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $225,000 | Titlenexus | |
| Warranty Deed | $208,000 | Titlenexus Llc | |
| Warranty Deed | $207,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $181,000 | New Conventional | |
| Previous Owner | $187,200 | New Conventional | |
| Previous Owner | $140,425 | New Conventional |
Source: Public Records
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: 6765392
APN: 34-029-24-12-0123
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