401 N 2nd St Unit 5207 Minneapolis, MN 55401
North Loop NeighborhoodEstimated payment $3,760/month
Highlights
- City View
- Deck
- Elevator
- 87,512 Sq Ft lot
- 1 Fireplace
- Stainless Steel Appliances
About This Home
Welcome to 5th Avenue Lofts, located in the heart of the North Loop within the historic Warehouse District. This spacious 2-bedroom, 2-bathroom condo features an open floor plan designed for modern living, highlighted by an updated kitchen with sleek finishes and contemporary style.
Enjoy seamless flow between living, dining, and kitchen areas—perfect for both entertaining and everyday life. The generous bedrooms and bathrooms provide comfort and privacy, while large windows fill the home with natural light. You also enjoy the underground parking with 2 car stalls and storage unit.
Residents of 5th Avenue Lofts enjoy top-notch amenities, including a community room, fitness center, and a private fenced dog run. Plus, with a convenient walkway connection to Security Warehouse Lofts, you’ll have access to even more shared amenities.
Step outside your door and experience all the North Loop has to offer—renowned restaurants, lively nightlife, boutique shopping, and a vibrant arts scene, all just moments away.
This is urban living at its finest in one of Minneapolis’ most desirable neighborhoods.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,012
Year Built
- Built in 2005
HOA Fees
- $830 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Insulated Garage
- Garage Door Opener
Home Design
- Flat Roof Shape
Interior Spaces
- 1,378 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Living Room
- Storage Room
- City Views
- Basement Storage
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 2202924130958
Community Details
Overview
- Association fees include maintenance structure, cable TV, controlled access, hazard insurance, lawn care, ground maintenance, parking, professional mgmt, security, sewer, shared amenities, snow removal
- Gassen Company Association, Phone Number (952) 922-5575
- High-Rise Condominium
- Cic 1428 Security Warehouse/5Th Ave Subdivision
Additional Features
- Elevator
- Fire Sprinkler System
Map
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 | $5,091 | $390,000 | $42,000 | $348,000 |
| 2022 | $5,420 | $389,500 | $39,000 | $350,500 |
| 2021 | $5,232 | $389,500 | $32,300 | $357,200 |
| 2020 | $6,030 | $389,500 | $32,300 | $357,200 |
| 2019 | $6,032 | $414,500 | $21,600 | $392,900 |
| 2018 | $5,660 | $402,500 | $21,600 | $380,900 |
| 2017 | $5,442 | $355,000 | $8,000 | $347,000 |
| 2016 | $5,159 | $329,500 | $8,000 | $321,500 |
| 2015 | $4,473 | $277,000 | $8,000 | $269,000 |
| 2014 | -- | $252,500 | $8,000 | $244,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/18/2025 09/18/25 | For Sale | $460,000 | -- | $334 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $440,000 | -- | |
| Warranty Deed | $440,000 | -- | |
| Interfamily Deed Transfer | -- | Ancona Title & Escrow | |
| Warranty Deed | $330,000 | Trademark Title Services Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $415,000 | New Conventional | |
| Previous Owner | $270,000 | New Conventional | |
| Previous Owner | $306,000 | New Conventional |
Source: NorthstarMLS
MLS Number: 6791325
APN: 22-029-24-13-0958
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