$172,000

2425 E Franklin Ave Unit 309 Minneapolis, MN 55406

Seward Neighborhood

Estimated payment $1,535/month

Total Views 12,493
2 Beds
1 Bath
1,046 Sq Ft
$164 Price per Sq Ft

Highlights

  • 26,136 Sq Ft lot
  • Living Room
  • Baseboard Heating
  • Patio
  • 1-Story Property
  • 1-minute walk to Merwyn Triangle Park

About This Home

This Beautifully updated 2-bedroom, 1-bath condo features custom designer paint throughout, newer carpet, and stylish quartz countertops in both the kitchen and bath. Enjoy the convenience of heated parking and luxe bath upgrades, including an XL towel warmer and bidet. The unit also boasts upgraded lighting with rocker switches and dimmable switches, as well as custom light and noise-reducing blinds in both bedrooms. Recent updates include a new microwave/hood combo, refrigerator, garbage disposal, and a water filtration system (all as of 2023). Relax on the spacious shared outdoor deck, and take advantage of ample storage, including a private storage space for extra items. This condo is in an excellent central location within a secure building, just blocks from Seward Coop, local restaurants, and cafes. It’s also
close to the University of Minnesota, Augsburg University, Masonic Children's Hospital, and U of M Hospital. The neighborhood is highly walkable, with running and biking paths along the scenic Mississippi River. The building is well-managed by a strong association, and the HOA fee covers high-speed internet, water/sewer, sanitation, exterior maintenance, shared amenities, snow removal, parking, storage locker, laundry machine usage, and professional management. This turn-key condo has it all—don’t miss your chance to call it home!

Listing Agent

Amy Downey

Edina Realty, Inc. Listed on: 07/24/2025

Edina Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,734

Year Built

  • Built in 1982

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage

Interior Spaces

  • 1,046 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Utilities

  • Baseboard Heating
  • Water Filtration System

Community Details

  • Association fees include maintenance structure, controlled access, hazard insurance, internet, lawn care, ground maintenance, parking, professional mgmt, recreation facility, trash, sewer, shared amenities, snow removal
  • Bailey Enterprises Association, Phone Number (651) 224-5482
  • High-Rise Condominium
  • Condo 0494 Metroplace Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3602924120214

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,734

Year Built

Built in 1982

Lot Details

0

HOA Fees

$440 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Wall Unit(s)
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Association Amenities: Laundry, Patio, Security
  • Fee Frequency: Monthly
  • Year Built: 1982
  • Above Grade Finished Sq Ft: 1046
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Water Filtration System, Microwave, Range, Refrigerator, Wine Cooler
  • Living Area: 1046
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Fencing: None
  • Neighborhood: Seward

Garage/Parking

  • Parking Features: Heated Garage, Underground

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Fuel: Electric

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Controlled Access, Hazard Insurance, Internet, Lawn Care, Other, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Trash, Sewer, Shared Amenities, Snow Removal
  • Phone: 651-224-5482
  • Association Fee: 440
  • Association: Yes
  • Amenities Unit: Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom

Association/Amenities

  • HOA Management Co: Bailey Enterprises

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 227x125x227x125
  • Lot Size Sq Ft: 26136
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3602924120214
  • Tax Annual Amount: 1734
  • TaxWithAssessments: 1734.0000

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
2023 $1,735 $154,000 $10,000 $144,000
2022 $2,446 $171,000 $10,000 $161,000
2021 $2,361 $176,500 $9,000 $167,500
2020 $2,283 $176,500 $7,200 $169,300
2019 $2,135 $157,500 $7,200 $150,300
2018 $2,006 $143,000 $7,200 $135,800
2017 $1,801 $117,000 $7,200 $109,800
2016 $1,944 $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 Change Sq Ft Price
07/24/2025 07/24/25 For Sale $172,000 +11.0% $164 / Sq Ft
06/12/2023 06/12/23 Sold $155,000 -3.1% $148 / Sq Ft
05/12/2023 05/12/23 For Sale $160,000 -- $153 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $152,941 None Listed On Document
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6761287

NorthstarMLS

APN: 36-029-24-12-0214