Active

$550,000

290 Market St Unit 314, Minneapolis, MN 55405

2beds

1,997sqft

$4,858/mo

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(CC) High Rise (4+ Levels)

Built in 1905

-- sqft lot

$546,400 Zestimate^®

$275/sqft

$1,251/mo HOA

What's special

Gleaming hardwood floorsHigh ceilingsStunningly light and brightExpansive great roomGenerous denPrivate balcony

Stunningly light and bright 2+ bedroom home in the highly coveted IMS Lofts! The expansive great room features oversized windows on both sides, bathing the space in sunlight. The uniquely open L shaped floorplan offers remarkable flexibility, with windows facing East, West, and South. A generous den, currently used as a painting studio, could easily transform into a third bedroom or an exceptional creative space. The home boasts gleaming hardwood floors, a spacious gourmet kitchen with a center island, high ceilings, exposed brick and concrete accents, a private balcony, two premium parking spaces, and a large storage locker. Originally constructed as a textile factory, IMS is a perfect example of a thoughtful condo conversion, blending historic charm with modern luxury.

43 days
305
26

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1

Bedroom

Level: Main
Area: 255 Square Feet
Dimensions: 17x15

Bedroom 2

Level: Main
Area: 165 Square Feet
Dimensions: 15x11

Deck

Level: Main
Area: 90 Square Feet
Dimensions: 18x5

Den

Level: Main
Area: 252 Square Feet
Dimensions: 18x14

Kitchen

Level: Main
Area: 240 Square Feet
Dimensions: 16x15

Living room

Level: Main
Area: 252 Square Feet
Dimensions: 18x14

Heating

Baseboard, Boiler, Hot Water

Cooling

Central Air

Appliances

Included: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
Laundry: Laundry Room, Main Level, In Unit

Features

Basement: None

Interior area

Total structure area: 1,997
Total interior livable area: 1,997 sqft
Finished area above ground: 1,997
Finished area below ground: 0

Video & virtual tour

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Property

Parking

Total spaces: 2
Parking features: Assigned, Attached, Guest, Garage, Secured, Storage, Underground
Attached garage spaces: 2

Accessibility

Accessibility features: Accessible Elevator Installed

Features

Levels: One
Stories: 1
Pool features: None
Fencing: None

Lot

Features: Irregular Lot

Details

Foundation area: 1997
Parcel number: 2102924440070
Zoning description: Residential-Single Family

Construction

Type & style

Home type: Condo
Property subtype: (CC) High Rise (4+ Levels)
Attached to another structure: Yes

Materials

Brick, Concrete
Roof: Flat,Tar/Gravel

Condition

New construction: No
Year built: 1905

Utilities & green energy

Electric: Circuit Breakers
Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Security: Fire Sprinkler System, Secured Garage/Parking
Subdivision: Cic 1343 The Lofts At Internationa

HOA

Has HOA: Yes
Amenities included: Elevator(s), Fire Sprinkler System, Lobby Entrance, Security Building
Services included: Air Conditioning, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Security System, Sewer, Shared Amenities, Water
HOA fee: $1,251 monthly
HOA name: Cities Management
HOA phone: 612-381-8600

Location

Region: Minneapolis

Financial & listing details

Price per square foot: $275/sqft
Tax assessed value: $581,000
Annual tax amount: $7,823
Date on market: 9/26/2026
Cumulative days on market: 261 days

Estimated market value

$546,400

$519,000 - $574,000

$2,042/mo

Price history

Date	Event	Price
9/26/2026	Listed for sale	$550,000-7.6%$275/sqft
Source: NorthstarMLS as distributed by MLS GRID #7150875 Report a problem
8/1/2026	Listing removed	$595,000$298/sqft
Source: NorthstarMLS as distributed by MLS GRID #7044655 Report a problem
3/27/2026	Listed for sale	$595,000-0.8%$298/sqft
Source: NorthstarMLS as distributed by MLS GRID #7044655 Report a problem
11/1/2025	Listing removed	$599,900$300/sqft
Source: NorthstarMLS as distributed by MLS GRID #6765953 Report a problem
10/1/2025	Price change	$599,900-4%$300/sqft
Source: NorthstarMLS as distributed by MLS GRID #6765953 Report a problem
8/2/2025	Listed for sale	$625,000-3.8%$313/sqft
Source: NorthstarMLS as distributed by MLS GRID #6765953 Report a problem
8/1/2025	Listing removed	$649,900$325/sqft
Source: NorthstarMLS as distributed by MLS GRID #6698271 Report a problem
5/15/2025	Price change	$649,900-3.7%$325/sqft
Source: NorthstarMLS as distributed by MLS GRID #6698271 Report a problem
5/5/2025	Listed for sale	$675,000$338/sqft
Source: NorthstarMLS as distributed by MLS GRID #6698271 Report a problem
11/20/2024	Listing removed	$675,000$338/sqft
Source: NorthstarMLS as distributed by MLS GRID #6632463 Report a problem
11/18/2024	Listed for sale	$675,000+20.5%$338/sqft
Source: NorthstarMLS as distributed by MLS GRID #6632463 Report a problem
9/30/2016	Sold	$560,000+0.2%$280/sqft
Source: NorthstarMLS as distributed by MLS GRID #4746042 Report a problem
8/1/2016	Listed for sale	$559,000+29%$280/sqft
Source: Coldwell Banker Burnet - Minneapolis Lakes #4746042 Report a problem
6/1/2007	Sold	$433,360$217/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$9,279 +4.1%	$581,000
2025	$8,914 +14%	$581,000
2024	$7,823 -0.8%	$581,000
2023	$7,883 -8.4%	$581,000
2022	$8,603 +3.7%	$581,000 -2.9%
2021	$8,297 +2.3%	$598,500
2020	$8,114 -2.2%	$598,500 +9%
2019	$8,297 +2.3%	$549,000
2018	$8,114 +4.7%	$549,000 +15.3%
2017	$7,751 +5.8%	$476,000 +5.4%
2016	$7,329 +2.1%	$451,500 +14.3%
2015	$7,181 +9.3%	$395,000 +10%
2014	$6,571 +15.8%	$359,000 +11.3%
2013	$5,677 -1.5%	$322,500 -3.6%
2012	$5,761 -0.9%	$334,500 -4.6%
2011	$5,815 +3.7%	$350,800 -9%
2010	$5,606 -17.5%	$385,500 -16.1%
2009	$6,796	$459,500