48 Groveland Terrace #206B - Photo 1
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48 Groveland Terrace #206B
48 Groveland Terrace #206B
48 Groveland Terrace #206B
48 Groveland Terrace #206B
48 Groveland Terrace #206B

48 Groveland Terrace #206B, Minneapolis, MN 55403 - MLS# 7149798

MLS® #: 7149798|Days on Market: 27|Listed: Sep 25, 2026

$344,900

$359,900↓ 4.2%
Open HouseOct 25, 3 - 4:30 PM
Bedrooms
2
Bathrooms
2
Square Feet
1,195
Year Built
1967
Property Type
Residential
Heating
Natural Gas, Hot Water
Cooling
Central Air
Garages
1
Days on Market
27
School District
1 - Minneapolis

Spacious and modern 2 bed, 2 bath condo in the heart of Lowry Hill, perfectly situated between Downtown and Uptown Minneapolis. Near the Walker Art Center and Minneapolis Sculpture Garden, this home offers the best of city living. The open-concept kitchen and living area is filled with natural light, creating a warm and inviting space that’s perfect for relaxing or entertaining. Enjoy the convenience of in-unit laundry, heated underground parking, and a storage locker. The community features top-tier amenities including an outdoor pool with skyline views, a community room, and a fitness center. With oversized windows, a bright and airy layout, and unbeatable location, this condo is a true gem.

48 Groveland Terrace #206B, Minneapolis, MN 55403

Ask an Agent

Open Houses

  • OCT25
    Sunday
    3 - 4:30 PM

Interior Information

AppliancesDishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
CoolingCentral Air
HeatingHot Water
FuelNatural Gas
LaundryIn Unit
Dining RoomInformal Dining Room, Living/Dining Room
Interior AmenitiesBalcony, Cable, French Doors, Hardwood Floors, Indoor Sprinklers, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom

Size & Levels

LevelsOne
Total Finished Sq Ft1,195 sq ft
Above Grade Finished1,195 sq ft
Main Level Finished1,195 sq ft

Bathrooms

Full Baths2
Bathroom DetailsBathroom Ensuite, Full Primary, Private Primary, Main Floor Full Bath

Rooms

Other Rooms

Living Room12' x 21'
Kitchen8' x 9'
Bedroom22'5" x 12'
Bedroom 212' x 12'5"
Flex Room7' x 12'

Exterior & Parking

ExteriorStone, Stucco
Patio / PorchCovered, Deck, Other
PoolBelow Ground, Heated, Outdoor, Shared
Garage Stalls1
ParkingHeated Garage, Insulated Garage, Underground

Lot & Utilities

Property Subtype(CC) High Rise (4+ Levels)
Lot Dimensionscommon
ZoningResidential-Single Family
SubdivisionCic 1447 Groveland Terrace Con
TownshipMinneapolis
CountyHennepin
SewerCity Sewer/Connected
WaterCity Water/Connected
Road FrontageCity Street

Homeowners Association

Association Fee$832.18 / month
AssociationFirst Service Residential
Assessment PendingNo
Fee IncludesBuilding Exterior, Cable TV, Controlled Access, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Shared Amenities, Snow Removal
AmenitiesElevator(s), Fire Sprinkler System, Patio, Security Building

Financial & Tax Information

Annual Taxes$3,587
Tax Year2026
Tax w/ Assessments$3,587
Assessment PendingNo
Parcel NumberTBD
Financing OptionsConventional, VA, FHA, Cash
List TypeExclusive Right To Sell

Nearby Amenities

AmenitiesPool

Location

Call 612-356-2121For Showings and Questions

Neighborhood at a Glance

In this neighborhood, homes were most commonly built in 1939 or earlier, about 42% of occupied homes are owner-occupied, and the average commute is 25 minutes.

Cost of Ownership

Median home value

$804,000

Higher than the Minneapolis median

The midpoint of estimated values for owner-occupied homes.

Median property taxes paid

$9,134/yr

Higher than the Minneapolis median

The midpoint of annual property taxes paid by homeowners.

Typical monthly owner costs (with mortgage)

$2,974/mo

Higher than the Minneapolis median

Median monthly housing costs for owners with a mortgage.

Typical monthly owner costs (no mortgage)

$1,501/mo

Higher than the Minneapolis median

Median monthly housing costs for owners without a mortgage.

Median rent

$1,275/mo

Lower than the Minneapolis median

The midpoint of monthly gross rent, including utilities.

Homes in the Area

Owner-occupied homes

42%

Lower than Minneapolis overall

The share of occupied homes lived in by their owners.

Median year built

1938

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.

  • 1980-19899%
  • 1970-19797%
  • 1960-196910%
  • 1939 or earlier64%

Types of homes

The share of housing units in each building type.

  • Single-family detached27%
  • 5+ units61%

Getting Around

Average commute

25 min

Higher 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 alone61%
  • Work from home27%

Homes with broadband

95%

Similar 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 Kenwood Elementary, Anwatin Middle and North High attendance areas of Minneapolis Public School District.

Elementary

Kenwood Elementary

Grades K-5 · 0.9 mi away

Enrollment
388
Students per teacher
13.9

2013 Penn Ave S, Minneapolis, MN 55405

(612) 668-2760

Middle

Anwatin Middle

Grades 6-8 · 1.3 mi away

Enrollment
334
Students per teacher
11.9

256 Upton Ave S, Minneapolis, MN 55405

(612) 668-2450

High

North High

Grades 9-12 · 1.8 mi away

Enrollment
591
Students per teacher
11.2

1500 James Ave N, Minneapolis, MN 55411

(612) 668-1700

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: Scates Real Estate, LLC
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.