$149,900

2425 E Franklin Ave Unit 209 Minneapolis, MN 55406

Seward Neighborhood

Estimated payment $1,429/month

2 Beds
1 Bath
1,046 Sq Ft
$143 Price per Sq Ft

Highlights

  • Building Security
  • Community Garden
  • 1 Car Attached Garage
  • Home Gym
  • Stainless Steel Appliances
  • 1-minute walk to Merwyn Triangle Park

About This Home

Spacious and affordable 2BR condo in a convenient Seward location. Great flexible 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. Tons of storage for condo living - entry closet, utility room, and a separate 5x7 storage closet on 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 common sun deck. Neighborly community! Well-managed, financially strong association (no special assessments in its history). Bldg not FHA approved, owner occupancy required for 2 years before renting. HOA includes fiber internet, Security building with heated, indoor parking, free laundry, separate walk-in storage closet, common sun deck with grill and garden. Up to 2 Cats allowed, sorry no pet dogs. Walk to everything! Urban location close to the River, transit, restaurants, arts, shops, downtown, universities.

Listing Agent

Jonna Kosalko

Coldwell Banker Realty - Lakes Brokerage Phone: 6126953136 Listed on: 05/21/2026

Coldwell Banker Realty - Lakes

Co-Listing Agent

Barbara Davis

Coldwell Banker Realty - Lakes Brokerage Phone: 6126953136

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,026

Year Built

  • Built in 1982

HOA Fees

  • $465 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Property Attached
  • Flat Roof Shape
  • Rubber Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 1,046 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Home Gym
  • Laundry Room
  • Basement

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Few Trees

Listing and Financial Details

  • Assessor Parcel Number 3602924120205

Community Details

Overview

  • Association fees include building exterior, hazard insurance, internet, ground maintenance, parking, professional mgmt, sanitation, sewer, shared amenities, snow removal, water
  • Bailey Management Association, Phone Number (651) 224-5482
  • High-Rise Community

Amenities

  • Community Garden
  • Community Deck or Porch
  • Coin Laundry
  • Lobby

Security

  • Building Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,026

Year Built

Built in 1982

Lot Details

0.65 Acres

HOA Fees

$465 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: (CC) High Rise (4+ Levels)
  • Cooling System: Wall Unit(s)
  • Outside Features: Stone, Vinyl
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed, Hallways 42"+
  • Water Source: City Water/Connected
  • Association Amenities: Laundry, Coin-op Laundry Owned, Common Garden, Deck, Elevator(s), Lobby Entrance, Security Building
  • Fee Frequency: Monthly
  • Year Built: 1982
  • Above Grade Finished Sq Ft: 1046
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Attribution Contact: 6126953136
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator, Stainless Steel Appliances
  • Living Area: 1046
  • Fireplace: No
  • Basement YN: Yes
  • Shared Rooms: Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Flat, Rubber
  • Foundation Details: Block
  • Neighborhood: 67

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Garage Door Opener, Guest Parking, Heated Garage, Insulated Garage, Parking Garage

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Common Area, Laundry Room
  • Electric: Circuit Breakers
  • Fuel: Electric
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Building Exterior, Hazard Insurance, Internet, Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Sewer, Shared Amenities, Snow Removal, Water
  • Phone: 6512245482
  • Association Fee: 465
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s), Primary Bedroom Walk-In Closet, Tile Floors, Walk-In Closet

Association/Amenities

  • HOA Management Co: Bailey Management

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictPhone: 6126680000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: CONDO
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Block

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 3602924120205
  • Tax Annual Amount: 2026
  • TaxWithAssessments: 2026

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,948 $160,000 $10,000 $150,000
2023 $1,820 $160,000 $10,000 $150,000
2022 $2,194 $178,000 $10,000 $168,000
2021 $2,122 $177,500 $9,000 $168,500
2020 $2,005 $177,500 $7,200 $170,300
2019 $1,837 $158,500 $7,200 $151,300
2018 $1,688 $144,000 $7,200 $136,800
2017 $1,444 $117,000 $7,200 $109,800
2016 $1,572 $112,500 $7,200 $105,300
2015 $1,129 $92,500 $7,200 $85,300
2014 -- $92,500 $7,200 $85,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2026 05/21/26 For Sale $149,900 -- $143 / Sq Ft
Source: NorthstarMLS

Source: NorthstarMLS

MLS Number: 7041663

NorthstarMLS

APN: 36-029-24-12-0205

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