RENTED JUN 8, 2025

1240 S 2nd St Unit 1702 Minneapolis, MN 55415

Downtown East Neighborhood

Estimated Value: $1,059,969

3 Beds
3 Baths
2,161 Sq Ft
186,001 Sq Ft Lot

Highlights

  • Built in 2018 | Newly Remodeled
  • City View
  • No HOA
  • Sauna
  • 1 Fireplace
  • Community Spa

About This Home

As of June 2025

Welcome home to a true 3BR, top-floor penthouse with panoramic views in the Mill District. Thoughtful redesigned floorplan allows for expanded kitchen, fireplace, dual vanity in the 2nd bathroom, and soaker tub in primary bathroom. You'll love the details: Monogram appliances, wine fridge, electric roller shades, ceiling fans on remote throughout, large balcony with gas grill hook-up, amazing walk-in shower, and much more! Private EV charger available for usage. Live steps from Gold Medal Park with top-tier amities: 24/7 front desk, indoor heated guest parking, game room, weight room, cardio studio, sauna, community room & patio, outdoor pool & jacuzzi, playground, and much more! Included with rent: 2 indoor/heated parking stalls, 1 storage unit, basic cable & internet, gas, and water/sewer/trash. Tenant responsible for electricity. App Fee: $78 per adult; Admin Fee: $150; Move-in fee: $700; Occupancy fee $175; Security Deposit is One Month's Rent.

Last Agent to Rent the Property

Tim Carson

DRG Listed on: 05/07/2025

Co-Listed By

Patrick Carson

DRG

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 4.27

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Interior Spaces

  • 2,161 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Combination Dining and Living Room
  • Sauna
  • City Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Accessible Elevator Installed
  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Property Available on 7/1/25
  • The owner pays for cable TV, gas, heat, trash collection
  • Assessor Parcel Number 2602924110969

Community Details

Overview

  • No Home Owners Association
  • High-Rise Condominium
  • Cic 2057 Legacy Lofts A Condo Subdivision
  • Car Wash Area

Recreation

  • Community Spa

Condo Details

Home Type

Condominium

Year Built

Built in 2018 | Newly Remodeled

Lot Details

4.27 Acres

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2025-07-01
  • Lease Price: 6250.0000
  • ApplicationFee: 78.0000
  • SecurityDeposit: 6250.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Accessible Elevator Installed
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Concrete Floors & Walls, Spa/Hot Tub, Patio, Sauna
  • Year Built: 2018
  • Above Grade Finished Sq Ft: 2161
  • Unit Levels: One
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 2161
  • Owner Pays: Cable TV, Gas, Heat, Trash Collection
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3
  • Shared Rooms: Amusement/Party Room,Exercise Room,Other

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Neighborhood: Downtown East

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Garage Door Opener, Heated Garage, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Balcony,City View,Kitchen Center Island,Natural Woodwork,Panoramic View

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Assessor Parcel Number: 2602924110969

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2019
Sold by
Sunn Pyae Nyan and Sunn Htet Thaw Sunn
Bought by
1240 Legacy Llc
Current Estimated Value
$1,059,969

Purchase Details

Closed on
Apr 1, 2019
Sold by
Riverdale Ventures Legacy Llc
Bought by
Pyae Nyan and Thaw Sunn Sunn H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$917,700
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1240 Legacy Llc $500 None Available
Pyae Nyan $1,223,630 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pyae Nyan $917,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2025 06/08/25 Rented $6,250 0.0% --
05/07/2025 05/07/25 For Rent $6,250 +19.0% --
06/15/2023 06/15/23 Rented $5,250 -4.5% --
04/06/2023 04/06/23 For Rent $5,500 -- --
Source: NorthstarMLS

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
2024 $19,674 $1,171,000 $65,000 $1,106,000
2023 $17,009 $1,148,000 $65,000 $1,083,000
2022 $18,311 $1,147,000 $61,000 $1,086,000
2021 $16,547 $1,170,000 $50,300 $1,119,700
2020 $3,131 $1,103,500 $50,300 $1,053,200
2019 $3,726 $216,000 $33,500 $182,500
2018 -- $205,248 $33,180 $172,068
Source: Public Records

Agents Affiliated with this Home

  • Tim Carson

    Landlord's Agent in 2025

    Tim Carson

    DRG

    (612) 978-7385

    1 Total Sale

    Tim Carson
    Section Image

  • P

    Landlord's Co-Listing Agent in 2025

    Patrick Carson

    DRG

    (612) 254-0149

    17 in this area

    199 Total Sales

    Patrick Carson
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6717265

NorthstarMLS

APN: 26-029-24-11-0969

Minnesota Hennepin County Minneapolis 55415 Downtown East

1240 S 2nd St Unit 1702, Minneapolis, MN

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthstarMLS 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. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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