Welcome to 521 2nd St SE—A Rare Top-Floor Penthouse in the Coveted Flour Sack Flats.
This light-filled penthouse offers the perfect blend of modern comfort and urban convenience in one of Minneapolis’ most sought-after neighborhoods. Located just two blocks from the iconic Stone Arch Bridge and one block from the lively St. Anthony Main, you'll enjoy unmatched walkability to local restaurants, theaters, and downtown attractions—all while living on the quieter, more residential side of the river.
Inside, nearly floor-to-ceiling windows and soaring 20-foot ceilings flood the space with natural light from sunrise to sunset. The open-concept layout is both functional and inviting, featuring a spacious primary suite, a comfortable guest bedroom, and a private balcony perfect for grilling and relaxing.
This extraordinary residence boasts two heated underground parking stalls—a true luxury for city living. With only 50 units in this boutique building, you'll find a warm, close-knit community that offers both security and a vibrant lifestyle. Whether you're a professional seeking the energy of city life with a neighborhood feel or a discerning buyer looking for a chic, move-in-ready haven, this penthouse serves as the perfect retreat, offering the best of both worlds.
Closed
$464,000
521 2nd St SE APT 507, Minneapolis, MN 55414
2beds
1,430sqft
(CC) High Rise (4+ Levels)
Built in 2006
-- sqft lot
$469,100 Zestimate®
$324/sqft
$2,161 Estimated rent
Home value
$469,100
$446,000 - $493,000
$2,161/mo
Zestimate® history
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$3,674/mo
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List your homeWhat's special
Spacious primary suiteTop-floor penthouseNearly floor-to-ceiling windowsOpen-concept layoutLight-filled penthouseComfortable guest bedroom
Zillow last checked:
Listing updated:
Listed by:
Mollie Waychoff 952-221-3270,
Compass
Bought with:
Paige M. Kahle
The Real Estate Collaborative
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7017951
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 288 Square Feet
- Dimensions: 18x16
Bedroom 2
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Dining room
- Level: Main
- Area: 182 Square Feet
- Dimensions: 14x13
Kitchen
- Level: Main
- Area: 165 Square Feet
- Dimensions: 15x11
Living room
- Level: Main
- Area: 176 Square Feet
- Dimensions: 16x11
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
- Laundry: Gas Dryer Hookup, In Unit
Features
- Basement: None
Interior area
- Total structure area: 1,430
- Total interior livable area: 1,430 sqft
- Finished area above ground: 1,430
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Attached, Garage Door Opener, Guest, Heated Garage, Insulated Garage, Garage, Storage, Underground
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Elevator Installed, Hallways 42"+, No Stairs External, No Stairs Internal
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
Lot
- Features: Near Public Transit, Corner Lot
Details
- Additional structures: Gazebo
- Foundation area: 1430
- Additional parcels included: 2302924410163
- Parcel number: 2302924410102
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: Condo
- Property subtype: (CC) High Rise (4+ Levels)
- Attached to another structure: Yes
Materials
- Frame
- Roof: Flat
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Electric
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Security: Fire Sprinkler System
- Subdivision: Cic 1630 Flour Sack Flats Cond
HOA
- Has HOA: Yes
- Amenities included: Common Garden, Elevator(s), Fire Sprinkler System, Security Building
- Services included: Maintenance Structure, Controlled Access, Internet, Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Security System, Shared Amenities
- HOA fee: $733 monthly
- HOA name: First Service Residential
- HOA phone: 952-277-2700
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $324/sqft
- Tax assessed value: $504,400
- Annual tax amount: $6,946
- Date on market: 2/6/2026
- Cumulative days on market: 212 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Sold | $464,000-2.3%$324/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7017951 Report a problem | ||
| 6/17/2026 | Pending sale | $475,000$332/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7017951 Report a problem | ||
| 3/26/2026 | Price change | $475,000-2.1%$332/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7017951 Report a problem | ||
| 2/6/2026 | Listed for sale | $485,000-2%$339/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7017951 Report a problem | ||
| 12/19/2025 | Listing removed | $495,000$346/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6805802 Report a problem | ||
| 10/17/2025 | Listed for sale | $495,000-2%$346/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6805802 Report a problem | ||
| 10/17/2025 | Listing removed | $505,000$353/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6795502 Report a problem | ||
| 9/29/2025 | Listed for sale | $505,000+2.5%$353/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6795502 Report a problem | ||
| 2/17/2023 | Sold | $492,500-3.4%$344/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6313639 Report a problem | ||
| 2/6/2023 | Pending sale | $510,000$357/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6313639 Report a problem | ||
| 1/31/2023 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6313639 Report a problem | ||
| 1/20/2023 | Price change | $510,000-1.9%$357/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6313639 Report a problem | ||
| 12/9/2022 | Listed for sale | $520,000-1.9%$364/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6313639 Report a problem | ||
| 12/2/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 11/21/2022 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6239018 Report a problem | ||
| 10/19/2022 | Price change | $529,900-1.7%$371/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6239018 Report a problem | ||
| 10/6/2022 | Listed for rent | $2,795$2/sqft |
Source: Zillow Rental Network Premium #6268875 Report a problem | ||
| 10/3/2022 | Price change | $538,900-0.2%$377/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6239018 Report a problem | ||
| 9/10/2022 | Price change | $539,900-1.8%$378/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6239018 Report a problem | ||
| 8/11/2022 | Listed for sale | $549,900+45.1%$385/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6239018 Report a problem | ||
| 6/28/2013 | Sold | $379,000-2.6%$265/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4359703 Report a problem | ||
| 4/27/2013 | Listed for sale | $389,000+11.1%$272/sqft |
Source: RE/MAX Results #4359703 Report a problem | ||
| 10/24/2008 | Sold | $350,000$245/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,946 +8.2% | $504,400 +8% |
| 2024 | $6,422 +3.9% | $467,000 -5.1% |
| 2023 | $6,184 -3.2% | $492,000 +4.7% |
| 2022 | $6,389 +8.7% | $470,000 +2% |
| 2021 | $5,879 -7.7% | $461,000 +4.9% |
| 2020 | $6,370 +8.4% | $439,500 |
| 2019 | $5,879 -7.7% | $439,500 +4% |
| 2018 | $6,370 +7.5% | $422,500 +15% |
| 2017 | $5,928 +5.5% | $367,500 +2.5% |
| 2016 | $5,620 -0.5% | $358,500 +7.7% |
| 2015 | $5,649 +3.2% | $333,000 +4.6% |
| 2014 | $5,473 -2.6% | $318,500 |
| 2013 | $5,617 -2.3% | $318,500 -4.4% |
| 2012 | $5,750 +4.3% | $333,000 |
| 2011 | $5,513 +8.8% | $333,000 -4.9% |
| 2010 | $5,068 -7.4% | $350,000 -5.5% |
| 2009 | $5,475 | $370,200 |
Find assessor info on the county website
Neighborhood: Marcy Holmes
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Nearby schools
GreatSchools rating
- 2/10Webster ElementaryGrades: PK-5Distance: 0.8 mi
- 2/10Northeast Middle SchoolGrades: 6-8Distance: 2.7 mi
- 4/10Edison Senior High SchoolGrades: 9-12Distance: 1.8 mi
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Estimated market value
$469,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$469,100
- Minnesota
- Hennepin County
- Minneapolis
- 55414
- Marcy Holmes
- 521 2nd St SE Apartment 507
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