2425 E Franklin Avenue #209 - Photo 1
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2425 E Franklin Avenue #209
2425 E Franklin Avenue #209
2425 E Franklin Avenue #209
2425 E Franklin Avenue #209
2425 E Franklin Avenue #209

2425 E Franklin Avenue #209, Minneapolis, MN 55406 - MLS# 7041663

MLS® #: 7041663|Days on Market: 158|Listed: May 21, 2026

$147,500

$149,900↓ 1.6%
Bedrooms
2
Bathrooms
1
Square Feet
1,046
Acres
0.651
Year Built
1982
Property Type
Residential
Heating
Electric, Baseboard
Cooling
Ceiling Fan(s), Wall Unit(s)
Garages
1
Days on Market
158
School District
1 - Minneapolis

This spacious updated 2BR/1BA condo has a great floorplan: large living/dining space, kitchen with lots of cabinets and counter space, large primary bedroom with walk-in closet and second bedroom/home office with full wall of closets. This unit has tons of storage for condo living - entry closet, utility room, and a separate 5x7 storage closet on the same floor as unit. Lots of updates - neutral colors throughout, LED light fixtures, new LVP flooring throughout, new bathroom vanity and brand new appliances. This unit is conveniently located near the 2nd floor (free) laundry and sun deck with grill and garden. This neighborly community is a well-managed, financially strong association (no special assessments in its history) and is approved for conventional financing. The HOA monthly includes: fiber internet, security building with free laundry, bike rack and storage. Owner occupancy required for 2 years before renting. Up to 2 Cats allowed, sorry no pet dogs. You'll appreciate heated indoor parking this winter! Park and Bike or walk to the River, transit, light rail, bus line, restaurants, arts, shops, downtown, universities - all great proximity to the heart of Seward and Prospect Park.

2425 E Franklin Avenue #209, Minneapolis, MN 55406

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Interior Information

AppliancesDishwasher, Electric Water Heater, Range, Refrigerator, Stainless Steel Appliances
CoolingWall Unit(s)
HeatingBaseboard
FuelElectric
LaundryCommon Area, Laundry Room
Dining RoomInformal Dining Room, Living/Dining Room
Interior AmenitiesCeiling Fan(s), Primary Bedroom Walk-In Closet, Tile Floors, Walk-In Closet
ElectricCircuit Breakers
AccessibilityAccessible Elevator Installed, Hallways 42"+

Size & Levels

LevelsOne
Total Finished Sq Ft1,046 sq ft
Above Grade Finished1,046 sq ft
Main Level Finished1,046 sq ft

Bathrooms

Full Baths1
Bathroom DetailsMain Floor Full Bath

Rooms

Other Rooms

Living Room21' x 14'
Informal Dining Room-
Kitchen12' x 8'
Bedroom16' x 10'
Bedroom 211' x 9'
Walk-In Closet6' x 5'
Bathroom-
Storage-
Utility Room6' x 5'

Exterior & Parking

ExteriorStone, Vinyl
ConstructionBlock
RoofAge 8 Years or Less, Flat, Rubber
FoundationBlock
Garage Stalls1
ParkingAssigned, Attached Garage, Garage Door Opener, Guest Parking, Heated Garage, Insulated Garage, Parking Garage

Lot & Utilities

Property Subtype(CC) High Rise (4+ Levels)
Lot Size0.651 acres
Lot DimensionsCONDO
Lot DescriptionPublic Transit (w/in 6 blks), Tree Coverage - Light
ZoningResidential-Single Family
TownshipMinneapolis
CountyHennepin
SewerCity Sewer/Connected
WaterCity Water/Connected
Road FrontageCity Street, Sidewalks
Power CompanyXcel Energy

Homeowners Association

Association Fee$535 / month
AssociationBailey Management
Assessment PendingNo
Fee IncludesBuilding Exterior, Hazard Insurance, Internet, Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Sewer, Shared Amenities, Snow Removal, Water
AmenitiesLaundry, Coin-op Laundry Owned, Common Garden, Deck, Elevator(s), Lobby Entrance, Security Building

Financial & Tax Information

Annual Taxes$2,026
Tax Year2026
Tax w/ Assessments$2,026
Assessment PendingNo
Parcel Number3602924120205
Financing OptionsConventional, Cash
List TypeExclusive Right To Sell

Location

Call 612-356-2121For Showings and Questions

Neighborhood at a Glance

In this neighborhood, homes were most commonly built in 1970-1979, about 13% of occupied homes are owner-occupied, and the average commute is 18 minutes.

Cost of Ownership

Median home value

$351,400

Similar to the Minneapolis median

The midpoint of estimated values for owner-occupied homes.

Median property taxes paid

$4,473/yr

Similar to the Minneapolis median

The midpoint of annual property taxes paid by homeowners.

Typical monthly owner costs (with mortgage)

$2,080/mo

Similar to the Minneapolis median

Median monthly housing costs for owners with a mortgage.

Typical monthly owner costs (no mortgage)

$1,010/mo

Higher than the Minneapolis median

Median monthly housing costs for owners without a mortgage.

Median rent

$1,127/mo

Lower than the Minneapolis median

The midpoint of monthly gross rent, including utilities.

Homes in the Area

Owner-occupied homes

13%

Lower than Minneapolis overall

The share of occupied homes lived in by their owners.

Median year built

1978

Similar to the Minneapolis median

The midpoint of years when homes in the area were built.

Home age by decade

The share of homes built during each period.

  • 2010-20199%
  • 2000-20096%
  • 1980-198921%
  • 1970-197927%
  • 1939 or earlier16%

Types of homes

The share of housing units in each building type.

  • Single-family detached8%
  • 2-4 units11%
  • 5+ units75%

Getting Around

Average commute

18 min

Lower than the Minneapolis median

The average one-way travel time to work for commuters.

How people get to work

The share of workers using each listed way to get to work.

  • Drive alone39%
  • Work from home29%

Homes with broadband

77%

Lower than Minneapolis overall

The share of households with a broadband internet subscription.

Estimates for the surrounding census tract, not this specific home.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Schools

Minneapolis Public School District

This home is in the Dowling Elementary, Andersen Middle and South High attendance areas of Minneapolis Public School District.

Elementary

Dowling Elementary

Grades K-5 · 2.6 mi away

Enrollment
399
Students per teacher
16.6

3900 W River Pkwy, Minneapolis, MN 55406

(612) 668-4410

Middle

Andersen Middle

Grades 6-8 · 1.2 mi away

Enrollment
1,052
Students per teacher
13.5

1098 Andersen Lane, Minneapolis, MN 55407

(612) 668-4200

High

South High

Grades 9-12 · 1.2 mi away

Enrollment
1,257
Students per teacher
13

3131 19th Ave S, Minneapolis, MN 55407

(612) 668-4300

School assignments can change. Verify enrollment with Minneapolis Public School District.

Sources: Minnesota Department of Education attendance areas (2025-26); NCES Common Core of Data 2024 via the Urban Institute Education Data Portal.

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Listed by: Coldwell Banker Realty - Lakes
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Pederson Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.