Metroplace Condominiums: Offering a financial incentive for Fall Buyers! ** Located on Seward's mainstreet, this spacious, updated 2BR/1BA condo has a great floorplan: large living/dining space, kitchen with lots of cabinets and counter space, large primary bedroom with walk-in closet and second bedroom/home office with full wall of closets. This unit has tons of storage for condo living - entry closet, utility room, and a separate 5x7 storage closet on the same floor as unit. Lots of updates - neutral colors throughout, LED light fixtures, new LVP flooring throughout, new bathroom vanity and brand new appliances. This unit is conveniently located near the 2nd floor (free) laundry and sun deck with grill and garden. This neighborly community is a well-managed, financially strong association (no special assessments in its history) and is approved for conventional financing. The HOA monthly includes: fiber internet, security building with heated, indoor parking, free laundry, bike rack and storage. Owner occupancy required for 2 years before renting. Up to 2 Cats allowed, sorry no pet dogs. Bike or walk to the River, transit, light rail, bus line, restaurants, arts, shops, downtown, universities. ** Now offering a seller-paid 2-1 buydown to lower your interest rate by 2% in the first year and 1% in the second, saving you on monthly payments right out of the gate. Offered at a fantastic budget-friendly price, this is the perfect turn-key starter home to stop renting and start building equity today!
Active
$149,900
2425 Franklin Ave E #209, Minneapolis, MN 55406
2beds
1,046sqft
(CC) High Rise (4+ Levels)
Built in 1982
-- sqft lot
$144,000 Zestimate®
$143/sqft
$535/mo HOA
What's special
New lvp flooring throughoutGreat floorplanNew bathroom vanityNeutral colors throughoutBrand new appliancesLed light fixtures
- 131 days
- 214
- 9
Zillow last checked:
Listing updated:
Listed by:
Jonna Kosalko 612-695-3136,
Coldwell Banker Realty - Lakes,
Barb Davis 612-554-0994 612-554-0994
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7041663
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Main
- Area: 160 Square Feet
- Dimensions: 16x10
Bedroom 2
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11x9
Bathroom
- Level: Main
Informal dining room
- Level: Main
Kitchen
- Level: Main
- Area: 96 Square Feet
- Dimensions: 12x8
Living room
- Level: Main
- Area: 294 Square Feet
- Dimensions: 21x14
Storage
- Level: Main
Utility room
- Level: Main
- Area: 30 Square Feet
- Dimensions: 6x5
Walk in closet
- Level: Main
- Area: 30 Square Feet
- Dimensions: 6x5
Heating
- Baseboard
Cooling
- Wall Unit(s)
Appliances
- Included: Dishwasher, Electric Water Heater, Range, Refrigerator, Stainless Steel Appliance(s)
- Laundry: Common Area, Laundry Room, Coin-op Laundry Owned
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,046
- Total interior livable area: 1,046 sqft
- Finished area above ground: 1,046
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Attached, Garage Door Opener, Guest, Heated Garage, Insulated Garage, Garage
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Elevator Installed, Hallways 42"+
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.65 Acres
- Features: Near Public Transit, Tree Coverage - Light
Details
- Foundation area: 1046
- Parcel number: 3602924120205
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Condo
- Property subtype: (CC) High Rise (4+ Levels)
- Attached to another structure: Yes
Materials
- Block
- Roof: Age 8 Years or Less,Flat,Rubber
Condition
- New construction: No
- Year built: 1982
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Xcel Energy
- Gas: Electric
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
HOA
- Has HOA: Yes
- Amenities included: Laundry, Coin-op Laundry Owned, Common Garden, Deck, Elevator(s), Lobby Entrance, Security Building
- Services included: Maintenance Structure, Hazard Insurance, Internet, Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Sewer, Shared Amenities, Snow Removal, Water
- HOA fee: $535 monthly
- HOA name: Bailey Management
- HOA phone: 651-224-5482
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $143/sqft
- Tax assessed value: $160,000
- Annual tax amount: $2,026
- Date on market: 5/21/2026
Estimated market value
$144,000
$137,000 - $151,000
$1,715/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Listed for sale | $149,900+124.1%$143/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7041663 Report a problem | ||
| 3/1/1984 | Sold | $66,900$64/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $2,026 +4% | $160,000 |
| 2025 | $1,948 +7% | $160,000 |
| 2024 | $1,820 -13% | $160,000 |
| 2023 | $2,092 -4.6% | $160,000 -10.1% |
| 2022 | $2,194 +3.4% | $178,000 +0.3% |
| 2021 | $2,122 +5.9% | $177,500 |
| 2020 | $2,005 -5.5% | $177,500 +12% |
| 2019 | $2,122 +5.9% | $158,500 +10.1% |
| 2018 | $2,005 +18.8% | $144,000 +23.1% |
| 2017 | $1,688 +16.9% | $117,000 +4% |
| 2016 | $1,444 -8.1% | $112,500 +21.6% |
| 2015 | $1,572 +39.2% | $92,500 |
| 2014 | $1,129 -24.7% | $92,500 -14% |
| 2013 | $1,499 -12.9% | $107,500 -11.2% |
| 2012 | $1,721 +3.3% | $121,000 +4.8% |
| 2011 | $1,665 +5.3% | $115,500 -8.3% |
| 2010 | $1,582 -12.6% | $126,000 -9.4% |
| 2009 | $1,809 +67% | $139,000 +44.6% |
| 2006 | $1,083 +13.3% | $96,100 +15% |
| 2005 | $956 +9.9% | $83,600 +16.1% |
| 2004 | $870 +14.6% | $72,000 +16.5% |
| 2002 | $759 -52.6% | $61,800 |
| 2001 | $1,600 | -- |
Find assessor info on the county website
Monthly payment
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