$157,500

111 Franklin Ave Unit 305 Minneapolis, MN 55404

$1,870
Closing credit¹
1 bed
1 full
680 sqft
$232 / sqft
Condo

Property details

About 111 Franklin Ave Unit 305

Incredible unit in the iconic Franklin Lofts! The entire building underwent an exquisite renovation in 2004, featuring top-tier finishes and exceptional craftsmanship. This is truly one of the best spots in the building—on the top floor, tucked at the back, with a full bank of south-facing windows that flood the space with natural light. Upon entering, you’ll be captivated by the striking concrete floors, soaring 13-foot ceilings, exposed steel trusses and ductwork, and warm maple millwork. The open-concept layout offers flexibility for living and entertaining. The kitchen, complete with a center island, stainless steel appliances, and granite countertops, is perfect for cooking and hosting. Additional perks include in-unit laundry and two assigned parking spots. Step outside to the beautifully landscaped courtyard with gardens, grills, and patio seating—ideal for entertaining, unwinding, or socializing with neighbors. This is the original owner’s unit, never lived in or rented, and only used for about 100 days in the past 19 years, so it’s in pristine condition. The prime location offers easy access to dining, shopping, and entertainment—just steps from Eat Street, the MIA, and minutes to downtown and Nicollet Mall. Don't miss this one!

Highlights

Home typeCondominium
HeatingForced Air
StatusActive
CoolingCentral Air
Size680 sqft
Year built2004
ParkingAssigned, Guest Parking, Parking Lot, Secured
MLS #6682179

Summary

  • Full Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: No
  • Total Bedroom Count: 1
  • Attached Garage: No
  • Parking: Assigned, Guest Parking, Parking Lot, Secured
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $157,500
  • Price/SqFt: $231
  • HOA Amount: $448
  • HOA Frequency: Monthly
  • Directions: Lyndale Ave S to Franklin Ave E to 1st Ave S, building is on the southeast corner.
  • Year Built: 2004
  • Living Area: 680 SqFt
  • MLS Number: 6682179
  • MLS Name: NORTHSTAR
  • Office Name: Coldwell Banker Realty

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living area with a high ceiling

$157,500

111 Franklin Ave Unit 305

$1,870

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

2

Hennepin Elementary School

Public Charter KG-5

0.2 mi

2123 Clinton Ave

2

Emerson Elementary School

Public Magnet PK-5

0.5 mi

120 W 15th St

2

Whittier International Baccalaureate World School

Public Magnet PK-5

0.6 mi

315 W 26th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $40,567. The majority of Minneapolis, MN residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

43%
<35k
44%
35k-100k
8%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

85%
Single, No Kids
6%
Single, with Kids
6%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
3%
12-17 yrs old
44%
18-34 yrs old
37%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • TennisTennis

Where do the neighbors shop?

  • H&MH&M
  • Banana RepublicBanana Republic
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Jack In The BoxJack In The Box
  • StarbucksStarbucks

What do the neighbors drive?

  • VolkswagenVolkswagen
  • ToyotaToyota
  • BMWBMW

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 111 Franklin Ave Unit 305

The listing price of 111 Franklin Ave Unit 305 property is $157,500.

The property 111 Franklin Ave Unit 305 is a condo located in Minneapolis, Minnesota, 55404.

Active Listing: 111 Franklin Ave Unit 305 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 111 Franklin Ave Unit 305 are: Hennepin Elementary School (GreatSchools Rating 2/10), Emerson Elementary School (GreatSchools Rating 2/10), Whittier International Baccalaureate World School (GreatSchools Rating 2/10), Loveworks Academy for Arts (GreatSchools Rating 1/10), Jefferson Elementary School (GreatSchools Rating 1/10), Metro Schools Middle Charter (GreatSchools Rating 7/10), Merc (GreatSchools Rating 2/10), Downtown Campus (GreatSchools Rating 1/10), Augsburg Fairview Academy (GreatSchools Rating 1/10).

The property at 111 Franklin Ave Unit 305 has 1 bedroom and 1 bathroom.

The property 111 Franklin Ave Unit 305 is 680 SqFt (source: MLS/tax record).

The year of construction for 111 Franklin Ave Unit 305 is 2004.

This home is located at 111 Franklin Ave Unit 305 in Minneapolis, MN and zip code 55404 in the Powderhorn neighborhood. This 680 square foot home was built in 2004. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 11, 2025 and is currently priced at $157,500.

While more than 466 listings in Minneapolis, MN in April 2025 were sold above asking price, there were more than 213 listings sold at asking price, and more than 261 were sold below. The number of listings in Minneapolis, MN increased by 23% between March and April 2025. Listings spent 28 days on the market in April 2025, and had a median list price of $354,417 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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