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  • $235,000

    748 3rd St N #507, Minneapolis, MN 55401

    1beds
    727sqft
    High Rise
    Built in 1915
    -- sqft lot
    $238,200 Zestimate®
    $323/sqft
    $1,954 Estimated rent

    Home value

    $238,200

    $217,000 - $260,000

    $1,954/mo

    Zestimate® history
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    What's special

    Step inside this beautifully updated 1-bedroom, 1-bathroom corner unit at the iconic Herschel Lofts, located in the heart of the vibrant North Loop. Originally a manufacturing plant, this historic building was transformed into modern lofts in 2006, seamlessly blending industrial charm with today’s sleek, contemporary living. Recently renovated from top to bottom, this condo offers a fresh, exciting living experience. The kitchen has been completely updated with stylish, modern finishes and sleek new appliances, making it perfect for preparing everything from quick meals to entertaining guests. Fresh floors flow throughout the entire space, and the bathroom has been thoughtfully updated with a clean, contemporary design. As a corner unit, this condo is bathed in natural light from multiple large windows, offering stunning views of Minneapolis. The open-concept living area features exposed brick, soaring ceilings, and concrete floors, giving it that unmistakable loft vibe. Step outside onto your private balcony to enjoy the vibrant neighborhood views or relax while soaking in the city’s energy. The spacious bedroom offers plenty of room to unwind, and the in-unit washer and dryer make laundry a breeze. This unit is the ultimate urban retreat, combining historic character with modern amenities. Herschel Lofts offers exceptional building amenities, including a fully-equipped fitness center, underground parking, and convenient guest parking. Pet owners will love the dog park right next to the parking lot, perfect for letting your furry friend run and play. The prime location puts you steps away from the best shops, restaurants, and entertainment the North Loop has to offer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Thomas Edelstein, CRS, ABR 651-270-1667,

    Coldwell Banker Realty,

    Henry A. Edelstein 651-270-1667

    Bought with:

    Christa M Thompson

    Lakes Sotheby's International Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6629050MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 10x11
    Kitchen
    • Level: Main
    • Area: 128 Square Feet
    • Dimensions: 16x8
    Living room
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 16x9
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
    • Laundry: In Unit
    Features
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total structure area: 727
    • Total interior livable area: 727 sqft
    • Finished area above ground: 727
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Guest, Heated Garage, Secured, Underground
    • Garage spaces: 1
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 0.72 Acres
    Details
    • Foundation area: 727
    • Parcel number: 2202924210423
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: High Rise
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1915

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Security
    • Security features: Secured Garage/Parking
    Location
    • Region: Minneapolis
    • Subdivision: Cic 1711 Herschel Lofts

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $640 monthly
    • Amenities included: Elevator(s), Lobby Entrance
    • Services included: Cable TV, Internet, Lawn Care, Other, Parking, Professional Mgmt, Sanitation, Snow Removal, Water
    • Association name: First Service Residential
    • Association phone: 952-277-2716

    Price history

    DateEventPrice
    3/17/2025Sold$235,000-4%$323/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6629050 Report a problem
    2/14/2025Pending sale$244,900$337/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6629050 Report a problem
    1/31/2025Listing removed$244,900$337/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6629050 Report a problem
    1/13/2025Price change$244,900-2%$337/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6629050 Report a problem
    12/10/2024Price change$249,900-5.7%$344/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6629050 Report a problem
    11/13/2024Listed for sale$265,000-8.6%$365/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6629050 Report a problem
    4/6/2021Sold$289,900-3.3%$399/sqft
    Source: Public Record Report a problem
    2/9/2021Listed for sale$299,900+15.3%$413/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5709220 Report a problem
    2/8/2018Sold$260,000+15.6%$358/sqft
    Source: Public Record Report a problem
    5/1/2015Sold$225,000+0%$309/sqft
    Source: Re/Max Results solds #4590367_55401_507 Report a problem
    4/29/2015Pending sale$224,900$309/sqft
    Source: RE/MAX Results #4590367 Report a problem
    4/29/2015Listed for sale$224,900$309/sqft
    Source: RE/MAX Results #4590367 Report a problem
    7/2/2014Listing removed$1,600$2/sqft
    Source: Downtown Resource Group, LLC #4493999 Report a problem
    6/17/2014Listed for rent$1,600$2/sqft
    Source: Downtown Resource Group, LLC #4493999 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,179 +8.2%$281,000
    2024$3,864 +2.1%$281,000 -5.1%
    2023$3,783 -1.5%$296,000 +3%
    2022$3,842 +3.5%$287,500
    2021$3,711 -0.4%$287,500
    2020$3,725 +0.4%$287,500 +7.1%
    2019$3,711 -0.4%$268,500
    2018$3,725 -1.2%$268,500 +18.5%
    2017$3,771 +8.1%$226,500 +7.1%
    2016$3,487 +3.7%$211,500 +2.4%
    2015$3,364 -2.4%$206,500 +6.7%
    2014$3,448 -1%$193,500
    2013$3,484 +2.6%$193,500
    2012$3,395 -0.1%$193,500 -4.7%
    2011$3,398 +11.8%$203,000 -2.4%
    2010$3,039 -3.6%$208,000 -2.4%
    2009$3,152 $213,100

    Find assessor info on the county website

    Neighborhood: North Loop

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $238,200
    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
    $238,200