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Off market
  • $262,600

    250 Park Ave Unit 409, Minneapolis, MN 55415

    1beds
    781sqft
    Apartment
    Built in ----
    -- sqft lot
    $262,600 Zestimate®
    $336/sqft
    $1,661 Estimated rent

    Home value

    $262,600

    $247,000 - $281,000

    $1,661/mo

    Zestimate® history
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    What's special

    Private bedroom retreatSoaring ceilingsExposed original brickWarm wood cabinetryExtended vanityDramatic ductworkStainless steel appliances

    Historic Loft Living in the Heart of Downtown Minneapolis Welcome to Unit 409 at American Trio Lofts a true urban loft that blends raw industrial character with warmth and style. Soaring ceilings, exposed original brick, polished concrete floors, and dramatic ductwork give this space an authenticity you simply can't replicate in new construction. The open-concept living area is anchored by oversized windows that flood the space with natural light, while track lighting sets the mood after dark. The kitchen features warm wood cabinetry, stainless steel appliances, and a gas range opening seamlessly into the living and dining areas, making it ideal for entertaining. The private bedroom retreat is a standout, with a full exposed brick accent wall, generous dual closets, and a separate entryway corridor that creates a true sense of separation from the main living space. The bathroom offers polished concrete floors, an extended vanity, and ample storage. Additional highlights include in-unit washer/dryer, on sight valet parking, and ALL utilities covered electricity, gas, and upgraded cable/internet making the $1,950/month rent truly turnkey. Located steps from the Mill District, Stone Arch Bridge, restaurants, US Bank Stadium and light rail. One pet welcome. Personal Note: I've genuinely loved living in this building. It's so warm and welcoming while also being in the heart of downtown. You're so close to all you truly need to live and play. I'll also be selling the majority of my furnishing if the next tenant is interested. The landlord's name is Will and he's super chill while also being attentive when needed. I've never had any issues that the HOA or Will hasn't been able to take a look at the same and/or very next day. Lease Duration: This is a 12-month lease. Either party must provide written notice of termination no later than 60 days prior to the end of any lease term. Monthly Rent: $1,950/month, due on the 1st of each month. A late fee of 8% applies to any payment not received by the 1st. Security Deposit: $1,950 (one month's rent), returned within 21 days of move-out per Minnesota law. Utilities: All utilities remain in the owner's name and are included electricity (Xcel Energy), gas (CenterPoint Energy), and upgraded cable/internet (Comcast Xfinity bulk account). Parking: One valet stall included. Appliances Included: Stove/oven, microwave, refrigerator, dishwasher, washer, dryer, all window coverings and light fixtures. Pets: One pet permitted. Smoking: No smoking inside the unit, on the balcony, or in any common areas. Renter's Insurance: Required. Minimum $300,000 liability coverage plus personal property coverage. Move-In Fees: $200 HOA move-in/out fee + $125 administrative fee, paid upfront.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced Air
    Cooling
    • Central Air, Wall Unit
    Appliances
    • Included: Dryer, Washer
    • Laundry: In Unit
    Interior area
    • Total interior livable area: 781 sqft

    Property

    Parking
    • Parking features: Attached, Off Street
    • Has attached garage: Yes
    • Details: Contact manager
    Accessibility
    • Accessibility features: Disabled access
    Features
    • Exterior features: Bicycle storage, Heating system: Forced Air
    Details
    • Parcel number: 2302924340623

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment

    Community & HOA

    Community
    • Deposit fee: $1,950
    • Administrative fee: $125
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $336/sqft
    • Tax assessed value: $235,000
    • Annual tax amount: $3,153
    • Date on market: 3/28/2026
    • Date available: 06/01/2026
    • Lease term: 1 Year

    Price history

    DateEventPrice
    4/22/2026Listing removed$1,950$2/sqft
    Source: Zillow Rentals Report a problem
    3/28/2026Listed for rent$1,950+2.9%$2/sqft
    Source: Zillow Rentals Report a problem
    3/17/2022Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    3/8/2022Listed for rent$1,895$2/sqft
    Source: Zillow Rental Network Premium #6161489 Report a problem
    9/12/2019Sold$256,500+37.6%$328/sqft
    Source: Public Record Report a problem
    9/28/2005Sold$186,400$239/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,153 +9.6%$235,000
    2024$2,878 +2.7%$235,000
    2023$2,803 -13.8%$235,000 +3.1%
    2022$3,251 +3.5%$228,000 -8.1%
    2021$3,141 -13%$248,000
    2020$3,609 +14.9%$248,000 -5%
    2019$3,141 -13%$261,000 +6.1%
    2018$3,609 +4.4%$246,000 +16%
    2017$3,455 +1.2%$212,000 +4.4%
    2016$3,416 +5.8%$203,000 +13.1%
    2015$3,228 +7.7%$179,500 +14.7%
    2014$2,997 +6.4%$156,500
    2013$2,818 +1.7%$156,500
    2012$2,770 +5.7%$156,500
    2011$2,620 +14.6%$156,500
    2010$2,286 -4.3%$156,500 -3.1%
    2009$2,389 $161,500
    Find assessor info on the county website

    Neighborhood: Downtown East

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $262,600
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    Estimated market value
    $262,600