$366,435 - $623,000
RENTED AUG 1, 2025

Portland Tower 740 Portland Ave Unit 605 Minneapolis, MN 55415

Elliot Park Neighborhood
2 Beds
1.5 Baths
1,270 Sq Ft
2016 Built

Highlights

  • No HOA
  • Stainless Steel Appliances
  • Eat-In Kitchen
  • Elevator
  • 2 Car Attached Garage
  • Guest Parking

About This Home

As of August 2025

Welcome to Unit #605 at 740 Portland Avenue South — a stylish and spacious residence in the heart of
downtown. This exceptional unit features an extra-large private patio perfect for entertaining or
relaxing while enjoying breathtaking views of the city skyline. Inside, you’ll find elegant hardwood
floors, a modern kitchen with stainless steel appliances, and generous living space that seamlessly
blends comfort and sophistication.
The home offers two dedicated parking stalls, a rare find in the city, along with walk-in closets that
provide ample storage. Whether you’re seeking vibrant city life or a peaceful retreat above it all, this
unit delivers the best of both worlds.
Don’t miss your chance to own a piece of downtown luxury — schedule your showing today!

Last Agent to Rent the Property

Ana Maria Vogler

Coldwell Banker Realty Brokerage Phone: 651-235-4230 Listed on: 05/14/2025

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,464

Year Built

  • Built in 2016

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Guest Parking

Interior Spaces

  • 1,270 Sq Ft Home
  • 1-Story Property
  • Washer

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Utilities

  • Central Air
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Property Available on 7/1/25
  • The owner pays for cable TV, gas, heat, trash collection, water
  • Assessor Parcel Number 2602924230769

Community Details

Overview

  • No Home Owners Association
  • Association fees include air conditioning, cable TV, gas, hazard insurance, heating, internet, ground maintenance, parking, professional mgmt, trash, security, sewer, shared amenities, snow removal
  • High-Rise Condominium
  • Cic 2028 Portland Tower Condo Subdivision

Additional Features

  • Elevator
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,464

Year Built

Built in 2016

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Available Date: 2025-07-01
  • Lease Price: 2495.0000
  • ApplicationFee: 78.0000
  • SecurityDeposit: 2495.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Accessible Elevator Installed, Fully Wheelchair
  • Water Source: City Water/Connected
  • Association Amenities: Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Security
  • Fee Frequency: Monthly
  • Year Built: 2016
  • Above Grade Finished Sq Ft: 1270
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Cable
  • Attribution Contact: 651-235-4230
  • Attribution Contact: 651-235-4230
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Disposal, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 1270
  • Fireplace: No
  • Owner Pays: Cable TV, Gas, Heat, Trash Collection, Water
  • Basement YN: No
  • Shared Rooms: Community Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less
  • ConstructionMaterialsDesc: Block,Concrete
  • Neighborhood: Elliot Park

Garage/Parking

  • Parking Features: Attached Garage, Guest Parking, Heated Garage, Parking Garage, Underground

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Cable TV, Gas, Hazard Insurance, Heating, Internet, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Sewer, Shared Amenities, Snow Removal
  • Association: No
  • Amenities Unit: Cable,Ceiling Fan(s),Deck,Exercise Room,Hardwood Floors,Kitchen Center Island,Vaulted Ceiling(s)

Schools

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

Lot Info

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

Building Info

  • Construction Materials: Block, Fiber Cement

Tax Info

  • Assessor Parcel Number: 2602924230769

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2016
Sold by
Portland Tower Llc
Bought by
Prasad Shanti
Current Estimated Value
$454,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,980
Interest Rate
3.56%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Prasad Shanti $389,305 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prasad Shanti $258,700
Closed Prasad Shanti $291,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Rented $2,495 0.0% --
06/02/2025 06/02/25 Price Changed $2,495 -5.8% $2 / Sq Ft
05/14/2025 05/14/25 For Rent $2,650 -- --
Source: NorthstarMLS

Tax History Compared to Growth

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 $4,464 $342,000 $14,000 $328,000
2022 $4,989 $335,000 $11,000 $324,000
2021 $5,116 $360,000 $9,000 $351,000
2020 $5,465 $382,500 $8,900 $373,600
2019 $5,382 $371,500 $7,400 $364,100
2018 $5,108 $360,500 $7,400 $353,100
Source: Public Records

Agents Affiliated with this Home

  • Ana Maria Vogler

    Landlord's Agent in 2025

    Ana Maria Vogler

    Coldwell Banker Burnet

    (651) 235-4230

    4 in this area

    101 Total Sales

    Ana Maria Vogler
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About Portland Tower

Map

Source: NorthstarMLS

MLS Number: 6720859

NorthstarMLS

APN: 26-029-24-23-0769

Minnesota Hennepin County Minneapolis 55404 Elliot Park

740 Portland Ave Unit 605, Minneapolis, MN

This home is located at 740 Portland Ave Unit 605, Minneapolis, MN 55415 since 14 May 2025 and is currently priced at $454,109. This property was built in 2016. 740 Portland Ave Unit 605 is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison High School.

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