$127,500

628 E Franklin Ave Unit 301 Minneapolis, MN 55404

Ventura Village Neighborhood

Estimated payment $1,308/month

Total Views 2,687,106
3 Beds
1.5 Baths
1,381 Sq Ft
$92 Price per Sq Ft

Highlights

  • Hot Property
  • City View
  • Breakfast Bar
  • Newly Remodeled
  • Main Floor Primary Bedroom
  • 5-minute walk to Peavey Field Park

About This Home

Income limits have increased for 2025. If you were above the income limits before, you may not be now. This property is worth another look. Check out the recently added 3D tour. This 3-bedroom, 2-bath condominium offers modern living in a vibrant community. The spacious layout includes an in-unit laundry, ensuring convenience and efficiency. Residents can gather in the community room for social events or meetings, and there’s an additional activity room for recreational purposes.
Additionally, each unit features its own storage space for keeping belongings organized. A community land trust property, meaning the buyer must meet income qualifications and be pre-approved by a lender partner, is among the program requirements. Owner occupancy is required, and resale restrictions are in place. Call for additional information.

Listing Agent

Osborne Strickland

City of Lakes Community Realty Listed on: 06/18/2025

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1904 | Newly Remodeled

Lot Details

  • Partially Fenced Property
  • Land Lease

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • Guest Parking

Interior Spaces

  • 1,381 Sq Ft Home
  • 2-Story Property
  • Living Room
  • City Views

Kitchen

  • Breakfast Bar
  • Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Basement

  • Sump Pump
  • Drain
  • Basement Storage
  • Basement Window Egress

Additional Features

  • Air Exchanger
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include controlled access, lawn care, ground maintenance, parking, professional mgmt, trash, security, shared amenities, snow removal
  • City Of Lakes Community Land Trust Association, Phone Number (612) 594-7150
  • Low-Rise Condominium
  • Hamlins Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2602924330135

Property Details

Home Type

Condominium

Year Built

Built in 1904 | Newly Remodeled

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Accessibility Features: Doors 36"+, Door Lever Handles, Other
  • Water Source: City Water/Connected
  • Association Amenities: Other
  • Fee Frequency: Monthly
  • Year Built: 1904
  • Above Grade Finished Sq Ft: 1381
  • Unit Levels: More Than 2 Stories
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: 4098
  • Property Sub Type: Condos

Interior Features

  • Basement: Drain Tiled, Egress Window(s), Storage Space, Sump Pump
  • Appliances: Air-To-Air Exchanger, Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Other, Range, Refrigerator, Washer
  • Living Area: 1381
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Laundry, Bathroom
  • Shared Rooms: Community Room,Other

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less
  • Fencing: Partial, Split Rail
  • ConstructionMaterialsDesc: Brick
  • Neighborhood: Ventura Village

Garage/Parking

  • Parking Features: Guest Parking, Paved
  • ParkingOpen: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Controlled Access, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal
  • Phone: 612-594-7150
  • Association Fee: 475
  • Association: Yes
  • Amenities Unit: City View,Indoor Sprinklers,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Security System,Security Lights

Association/Amenities

  • HOA Management Co: City of Lakes Community Land Trust

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 8712
  • Lot Size Sq Ft: 8712
  • Land Lease: Yes
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family,Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Rental Info

  • Land Lease Amount: 20

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 2602924330135
  • Tax Annual Amount: 3907
  • TaxWithAssessments: 3907.0000

Multi Family

  • Total Units Sold: 5

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

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 For Sale $127,500 -- $92 / Sq Ft
Source: NorthstarMLS

About the Listing Agent

Osborne Strickland

City of Lakes Community Realty

(651) 877-4748

Section Image

Real estate with a social impact. I'm a licensed real estate Broker specializing in affordable housing and values-driven sales. I work with buyers, including first-time homebuyers; traditional sellers looking to maximize profit; mission-driven homeowners seeking to create a legacy; and probate heirs who want their property to serve future generations. My approach combines market expertise with social purpose--rooted in strong partnerships like community land trusts and other alternative

Osborne's Other Listings

  • 628 E Franklin Ave Unit 100, Minneapolis, MN 55404

    $87,500 Pending

    • 1 Bed
    • 1 Bath
    • 736 Sq Ft
    • 628 E Franklin Ave
    • Unit 100
    • Minneapolis, MN

    Income limits have increased for 2025. If you were above the income limits before, you may not be now. This property is worth another look. Check out the recently added 3D tour. The lower level 1-bedroom, 1-bath condominium unit offers modern living in a vibrant community. The spacious layout offers quiet, private living. Guests can gather in the community room for social events or meetings,

    Osborne Strickland City of Lakes Community Realty

    Section Image
  • 628 E Franklin Ave Unit 101, Minneapolis, MN 55404

    $127,500 Sold Mar 31, 2025

    • 3 Beds
    • 1.5 Baths
    • 1,590 Sq Ft
    • 628 E Franklin Ave
    • Unit 101
    • Minneapolis, MN

    This 3-bedroom, 2-bath condominium offers modern living in a vibrant community. The spacious layout includes an in-unit laundry, ensuring convenience and efficiency. Residents can gather in the community room for social events or meetings, and there’s an additional activity room for recreational purposes. Plus, each unit comes with its own individual storage space for keeping belongings

    Osborne Strickland City of Lakes Community Realty

  • 628 E Franklin Ave Unit 201, Minneapolis, MN 55404

    $127,500 Sold Feb 26, 2025

    • 3 Beds
    • 1.5 Baths
    • 1,590 Sq Ft
    • 628 E Franklin Ave
    • Unit 201
    • Minneapolis, MN

    This 3-bedroom, 2-bath condominium offers modern living in a vibrant community. The spacious layout includes an in-unit laundry, ensuring convenience and efficiency. Residents can gather in the community room for social events or meetings, and there’s an additional activity room for recreational purposes. Plus, each unit comes with its own individual storage space for keeping belongings

    Osborne Strickland City of Lakes Community Realty

  • 628 E Franklin Ave Unit 102, Minneapolis, MN 55404

    $127,500 Sold Feb 26, 2025

    • 3 Beds
    • 1.5 Baths
    • 1,590 Sq Ft
    • 628 E Franklin Ave
    • Unit 102
    • Minneapolis, MN

    This 3-bedroom, 2-bath condominium offers modern living in a vibrant community. The spacious layout includes an in-unit laundry, ensuring convenience and efficiency. Residents can gather in the community room for social events or meetings, and there’s an additional activity room for recreational purposes. Plus, each unit comes with its own individual storage space for keeping belongings

    Osborne Strickland City of Lakes Community Realty

  • 628 E Franklin Ave Unit 202, Minneapolis, MN 55404

    $127,500 Sold Nov 20, 2024

    • 3 Beds
    • 1.5 Baths
    • 1,590 Sq Ft
    • 628 E Franklin Ave
    • Unit 202
    • Minneapolis, MN

    This 3-bedroom, 2-bath condominium offers modern living in a vibrant community. The spacious layout includes an in-unit laundry, ensuring convenience and efficiency. Residents can gather in the community room for social events or meetings, and there’s an additional activity room for recreational purposes. Plus, each unit comes with its own individual storage space for keeping belongings

    Osborne Strickland City of Lakes Community Realty

  • 221 James Ave N, Minneapolis, MN 55405

    $168,750 Sold Oct 15, 2024

    • 2 Beds
    • 1.5 Baths
    • 1,209 Sq Ft
    • 221 James Ave N
    • Minneapolis, MN

    This is a multi-level, 2-bedroom/2-bath newly constructed townhome. When entering from the street, there is a utility room and access to an attached 1-car garage. The kitchen, living room, dining room, and bath are on the second or main level. Two bedrooms and a full bath are on the third or upper level. This is a community land trust property. The buyer must meet income limitations and other

    Osborne Strickland City of Lakes Community Realty

  • 233 James Ave N, Minneapolis, MN 55405

    $175,000 Sold Feb 25, 2025

    • 3 Beds
    • 1.5 Baths
    • 1,530 Sq Ft
    • 233 James Ave N
    • Minneapolis, MN

    This is a multi-level, 3-bedroom/2-bath newly constructed townhome. When entering from the street, there is a utility room and access to an attached 1-car garage. The kitchen, living room, dining room, and bath are on the second or main level. Three bedrooms and a full bath are on the third or upper level. This is a community land trust property. The buyer must meet income limitations and other

    Osborne Strickland City of Lakes Community Realty

  • 231 James Ave N, Minneapolis, MN 55405

    $168,750 Sold Oct 18, 2024

    • 2 Beds
    • 1.5 Baths
    • 1,294 Sq Ft
    • 231 James Ave N
    • Minneapolis, MN

    This is a multi-level, 2-bedroom/2-bath newly constructed townhome. When entering from the street, there is a utility room and access to an attached 1-car garage. The kitchen, living room, dining room, and bath are on the second or main level. Two bedrooms and a full bath are on the third or upper level. This is a community land trust property. The buyer must meet income limitations and other

    Osborne Strickland City of Lakes Community Realty

  • 170 Cedar Lake Rd N, Minneapolis, MN 55405

    $125,000 Sold Nov 26, 2024

    • 2 Beds
    • 1.5 Baths
    • 1,209 Sq Ft
    • 170 Cedar Lake Rd N
    • Minneapolis, MN

    This is a multi-level, 2-bedroom/2-bath newly constructed townhome. Entrance is on the main level with bedrooms on the upper level and access to the garage on the lower level. This is a community land trust property. The buyer must meet income limitations and other program criteria. The property must be owner-occupied, and resale restrictions apply. Renting is not allowed. Down payment

    Osborne Strickland City of Lakes Community Realty

Source: NorthstarMLS

MLS Number: 6741329

NorthstarMLS