$298,217 - $476,000
RENTED APR 1, 2025

740 Portland Ave S Unit 609 Minneapolis, MN 55415

Elliot Park Neighborhood
2 Beds
1.5 Baths
983 Sq Ft
0.63 Acres

Highlights

  • No HOA
  • Patio
  • 1-Story Property
  • Elevator
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of April 2025

Modern and spacious 2BR with a huge patio now available with 1 parking stall and most utilities included with rent! Features include beautiful hardwood flooring, stainless steel appliances, gas stove, large center island with seating, massive patio with gas grill hook-up, primary bedroom suite with large window and roller shades installed. Primary bathroom has stone countertops, dual vanity, walk-in shower, and a pocket door leading to the powder bathroom. Portland Tower amenities and services include onsite management and security, fitness center, large community room, 6th floor rooftop community space with firepits/grilling station/seating, indoor pet relief area, and free indoor/heated guest parking. Included in rent: 1 ramp parking stall, storage unit, water/sewer/trash, gas, heat, A/C, basic cable and internet; tenant responsible for electricity. App Fee: $78 per adult occupant; Admin Fee: $150; Move-in fee: $300; Security Deposit is One Month’s rent.

Last Agent to Rent the Property

Tim Carson

DRG Listed on: 02/20/2025

Co-Listed By

Patrick Carson

DRG

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,090

Year Built

  • Built in 2015

Lot Details

  • 0.63

Parking

  • 1 Car Garage

Interior Spaces

  • 983 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Property Available on 4/1/25
  • The owner pays for cable TV, gas, heat, trash collection, water
  • Assessor Parcel Number 2602924230773

Community Details

Overview

  • No Home Owners Association
  • High-Rise Condominium
  • Portland Tower Subdivision

Amenities

  • Elevator

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,090

Year Built

Built in 2015

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Available Date: 2025-04-01
  • Lease Price: 1995.0000
  • ApplicationFee: 78.0000
  • SecurityDeposit: 1995.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s), Patio
  • Year Built: 2015
  • Above Grade Finished Sq Ft: 983
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Living Area: 983
  • Owner Pays: Cable TV, Gas, Heat, Trash Collection, Water
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2
  • Shared Rooms: Amusement/Party Room,Community Room,Exercise Room

Beds/Baths

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

Exterior Features

  • Neighborhood: Elliot Park

Garage/Parking

  • Parking Features: Underground

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Assessor Parcel Number: 2602924230773

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2016
Sold by
Portland Tower Llc
Bought by
Wahlin Thomas A
Current Estimated Value
$377,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,150
Outstanding Balance
$117,513
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$259,541
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
Wahlin Thomas A $303,964 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wahlin Thomas A $254,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2025 04/01/25 Rented $1,995 0.0% --
02/20/2025 02/20/25 For Rent $1,995 -- --
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
2024 $4,090 $275,000 $30,000 $245,000
2023 $3,589 $275,000 $12,000 $263,000
2022 $4,019 $270,000 $9,000 $261,000
2021 $3,879 $290,000 $7,000 $283,000
2020 $4,080 $290,000 $7,400 $282,600
2019 $4,083 $281,500 $6,100 $275,400
2018 $3,876 $273,500 $6,100 $267,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6674062

NorthstarMLS

APN: 26-029-24-23-0773