Historic Character Meets Modern Loft Living at IMS Lofts.
Experience the perfect blend of historic charm and modern urban living at the sought-after IMS Lofts. Originally home to the Northwestern Knitting Company/Munsingwear textile factory, this beautifully converted Classic Revival building showcases distinctive architectural character alongside contemporary comfort.
This exceptional one-bedroom plus den, one-bath residence features one of the building’s most desirable layouts, offering the feel of a spacious one-bedroom with a dedicated office and the easy convertibility to suit your lifestyle. Soaring ceilings, exposed brick, original factory maple hardwood floors, and expansive walls of windows create an authentic loft atmosphere filled with character and natural light. Enjoy panoramic sunset views, with Target Field as a standout feature, from your spacious deck.
The generously sized primary bedroom features an impressive walk-in closet, providing exceptional storage. Thoughtful updates enhance the home’s appeal, including a refreshed bathroom with new lighting and mirror, upgraded stainless steel appliances, and updated lighting.
Additional highlights include one underground garage parking space, and a large storage locker. Move-in ready and rich in character, this distinctive loft offers a rare opportunity to enjoy historic architecture, flexible living space, and spectacular panoramic sunset views in one of Minneapolis’s most memorable loft buildings.
Active
$375,000
290 Market St Unit 502, Minneapolis, MN 55405
1beds
1,295sqft
(CC) High Rise (4+ Levels)
Built in 2006
-- sqft lot
$368,300 Zestimate®
$290/sqft
$873/mo HOA
What's special
Historic charmPanoramic sunset viewsSpacious deckSpectacular panoramic sunset viewsClassic revival buildingDistinctive architectural characterSoaring ceilings
- 8 days
- 169
- 23
Zillow last checked:
Listing updated:
Listed by:
Tim Sheetz, CRS, CLHMS 651-398-6486,
RE/MAX Results
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7165358
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bathroom
- Description: Bathroom Ensuite,Main Floor Full Bath,Walk Thru
Dining room
- Description: Breakfast Area,Kitchen/Dining Room
Heating
- Baseboard, Hot Water, Radiant
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
- Laundry: Laundry Closet, In Unit
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,295
- Total interior livable area: 1,295 sqft
- Finished area above ground: 1,295
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage Door Opener, Guest, Garage, More Parking Onsite for Fee, Secured, Underground
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Elevator Installed, Hallways 42"+, No Stairs Internal
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Pool features: None
- Fencing: None
Lot
- Size: 1.02 Acres
- Features: Near Public Transit, Corner Lot, Tree Coverage - Medium
Details
- Foundation area: 1295
- Parcel number: 2102924440092
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Condo
- Property subtype: (CC) High Rise (4+ Levels)
- Attached to another structure: Yes
Materials
- Concrete
- Roof: Age Over 8 Years,Flat,Tar/Gravel
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
- Utilities for property: Underground Utilities
Community & HOA
Community
- Security: Fire Sprinkler System, Security Lights, Secured Garage/Parking
- Subdivision: The Lofts At IMS
HOA
- Has HOA: Yes
- Amenities included: Car Wash, Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, In-Ground Sprinkler System, Lobby Entrance, Security Building, Security Lighting
- Services included: Air Conditioning, Maintenance Structure, Controlled Access, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Security Staff, Security System
- HOA fee: $873 monthly
- HOA name: Cities Management
- HOA phone: 763-225-6400
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $290/sqft
- Tax assessed value: $306,000
- Annual tax amount: $4,470
- Date on market: 10/28/2026
- Road surface type: Paved
Estimated market value
$368,300
$350,000 - $387,000
$1,832/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/28/2026 | Listed for sale | $375,000+46.5%$290/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7165358 Report a problem | ||
| 2/10/2017 | Sold | $256,000-10.6%$198/sqft |
Source: Public Record Report a problem | ||
| 12/7/2016 | Listed for sale | $286,200+6.6%$221/sqft |
Source: REALHome Services and Solutions #4781072 Report a problem | ||
| 4/5/2016 | Sold | $268,600-27.3%$207/sqft |
Source: Public Record Report a problem | ||
| 1/31/2012 | Sold | $369,473$285/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $4,470 +4.1% | $306,000 |
| 2025 | $4,295 +17.1% | $306,000 |
| 2024 | $3,669 -6.2% | $306,000 +5.2% |
| 2023 | $3,912 -8% | $291,000 -4.9% |
| 2022 | $4,254 +3.6% | $306,000 -2.9% |
| 2021 | $4,108 -14.8% | $315,000 |
| 2020 | $4,820 +17.3% | $315,000 -6.9% |
| 2019 | $4,108 -14.8% | $338,500 |
| 2018 | $4,820 +3.9% | $338,500 +17.1% |
| 2017 | $4,638 +7.9% | $289,000 +5.3% |
| 2016 | $4,300 +2.5% | $274,500 +14.4% |
| 2015 | $4,194 +10.9% | $240,000 +10.1% |
| 2014 | $3,783 +17.5% | $218,000 +11.2% |
| 2013 | $3,219 -1.9% | $196,000 -3.7% |
| 2012 | $3,282 -3.2% | $203,500 -4.6% |
| 2011 | $3,390 +3.9% | $213,300 -9% |
| 2010 | $3,265 -18.6% | $234,500 -16.1% |
| 2009 | $4,013 | $279,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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