Welcome to downtown Minneapolis living at its finest in The Legacy at 1240 S 2nd St #525 — a sophisticated, light-filled condo just steps from Gold Medal Park, river trails, the Guthrie Theater, and premier dining. This spacious 2-bed, 2-bath residence boasts an open layout accentuated by oversized windows and a private balcony, perfect for entertaining or relaxing with skyline views. The kitchen features stainless steel appliances, ample cabinetry, and a functional footprint that flows seamlessly into the living and dining areas.
Recent upgrades include gorgeous wood floors refinished in 2025 and a brand-new washer and dryer, giving this home a fresh, move-in-ready feel. The gracious primary suite offers abundant closet space and an en suite bath, while the second bedroom and full guest bath provide flexibility for guests or a home office.
Residents enjoy The Legacy’s exceptional amenities — including heated parking, outdoor pool, fitness center, sauna, hot tub, golf simulator, game room, community room, and pet grooming station — all within a secure, full-service building.
Don’t miss this rare opportunity for low-maintenance, urban living in one of Minneapolis’s most desirable condominium communities.
Closed
$460,000
1240 S 2nd St Unit 525, Minneapolis, MN 55415
2beds
1,143sqft
(CC) High Rise (4+ Levels)
Built in 2017
-- sqft lot
$450,800 Zestimate®
$402/sqft
$3,268 Estimated rent
Home value
$450,800
$428,000 - $473,000
$3,268/mo
Zestimate® history
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$3,636/mo
Est. payment
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$3,636/mo
Est. payment
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Outdoor poolSophisticated light-filled condoSkyline viewsOpen layoutGracious primary suiteEn suite bathOversized windows
Zillow last checked:
Listing updated:
Listed by:
Mark P. Abdel 651-283-8251,
RE/MAX Advantage Plus
Bought with:
Sarah Bergstrom
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7009403
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13x13
Bedroom 2
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Kitchen
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Living room
- Level: Main
- Area: 224 Square Feet
- Dimensions: 16x14
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,143
- Total interior livable area: 1,143 sqft
- Finished area above ground: 1,143
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Concrete, Shared Driveway, Garage Door Opener, Heated Garage, Underground, Varies by Unit
- Garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Has private pool: Yes
- Pool features: Above Ground, Outdoor Pool, Shared
Lot
- Features: Near Public Transit, Zero Lot Line
Details
- Foundation area: 1143
- Parcel number: 2602924110739
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Condo
- Property subtype: (CC) High Rise (4+ Levels)
- Attached to another structure: Yes
Materials
- Roof: Age 8 Years or Less,Flat
Condition
- New construction: No
- Year built: 2017
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Cic 2057 Legacy Lofts A Condo
HOA
- Has HOA: Yes
- Amenities included: Car Wash, Concrete Floors & Walls, Elevator(s), Spa/Hot Tub, Patio, Sauna
- Services included: Air Conditioning, Maintenance Structure, Cable TV, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Security Staff, Security System, Sewer, Shared Amenities, Snow Removal, Water
- HOA fee: $694 monthly
- HOA name: First Services Residential
- HOA phone: 952-277-2700
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $402/sqft
- Tax assessed value: $23,000
- Annual tax amount: $5,904
- Date on market: 1/21/2026
- Cumulative days on market: 84 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2026 | Pending sale | $465,000+1.1%$407/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7009403 Report a problem | ||
| 4/13/2026 | Sold | $460,000-1.1%$402/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7009403 Report a problem | ||
| 1/21/2026 | Listed for sale | $465,000+9.4%$407/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7009403 Report a problem | ||
| 12/21/2020 | Sold | $425,000$372/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5678229 Report a problem | ||
| 10/29/2020 | Listed for sale | $425,000+9.4%$372/sqft |
Source: DRG #5678229 Report a problem | ||
| 12/12/2018 | Sold | $388,470$340/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $342 +13.9% | $23,000 |
| 2024 | $300 -0.8% | $23,000 |
| 2023 | $303 +13.1% | $23,000 |
| 2022 | $267 +3.6% | $23,000 +19.2% |
| 2021 | $258 +1.8% | $19,300 |
| 2020 | $254 -1.8% | $19,300 +10.3% |
| 2019 | $258 +1.8% | $17,500 |
| 2018 | $254 | $17,500 |
Find assessor info on the county website
Neighborhood: Downtown East
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Nearby schools
GreatSchools rating
- 2/10Webster ElementaryGrades: PK-5Distance: 1.3 mi
- 2/10Northeast Middle SchoolGrades: 6-8Distance: 3.2 mi
- 4/10Edison Senior High SchoolGrades: 9-12Distance: 2.3 mi
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Estimated market value
$450,800
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Estimated market value
$450,800
- Minnesota
- Hennepin County
- Minneapolis
- 55415
- Downtown East
- 1240 S 2nd St Unit 525
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