720 N 4th Street #507, Minneapolis, MN 55401 - MLS# 7157927
$279,000
Experience vibrant North Loop living at 720 Lofts! This stylish 1-bedroom, 1-bath condo combines industrial character with everyday comfort. Inside, you'll find soaring 10-foot ceilings, oversized windows that fill the space with natural light, and a loft-style bedroom that enhances the home's open, modern design. The spacious layout includes a large bedroom closet, in-unit laundry with a vented dryer, and a private balcony overlooking the peaceful landscaped courtyard. A heated underground corner parking space is included for added convenience. Just outside your door, enjoy some of Minneapolis' best restaurants, breweries, shopping, entertainment, Target Field, concert venues, and miles of walking and biking trails. Whether you're looking for a vibrant urban lifestyle or a comfortable place to call home, this North Loop gem delivers the best of both.
Interior Information
Size & Levels
Bathrooms
Rooms
Other Rooms
Exterior & Parking
Lot & Utilities
Homeowners Association
Financial & Tax Information
Neighborhood at a Glance
In this neighborhood, homes were most commonly built in 2010-2019, about 16% of occupied homes are owner-occupied, and the average commute is 24 minutes.
Cost of Ownership
Median home value
$425,500
Higher than the Minneapolis median
The midpoint of estimated values for owner-occupied homes.
Median property taxes paid
$5,591/yr
Higher than the Minneapolis median
The midpoint of annual property taxes paid by homeowners.
Typical monthly owner costs (with mortgage)
$2,638/mo
Higher than the Minneapolis median
Median monthly housing costs for owners with a mortgage.
Median rent
$2,085/mo
Higher than the Minneapolis median
The midpoint of monthly gross rent, including utilities.
Homes in the Area
Owner-occupied homes
16%
Lower than Minneapolis overall
The share of occupied homes lived in by their owners.
Median year built
2008
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.
- 2020 or later4%
- 2010-201941%
- 2000-200930%
- 1939 or earlier15%
Types of homes
The share of housing units in each building type.
- 5+ units91%
Getting Around
Average commute
24 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 alone34%
- Public transit10%
- Walk or bike25%
- Work from home28%
Homes with broadband
94%
Similar than Minneapolis overall
The share of households with a broadband internet subscription.
