$164,995

111 Franklin Ave Unit 305 Minneapolis, MN 55404

$1,959
Closing credit¹
1 bed
1 full
680 sqft
$243 / 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

  • MLS Number: 6682179
  • MLS Name: NORTHSTAR
  • Office Name: Coldwell Banker Realty

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living area with a high ceiling

$164,995

111 Franklin Ave Unit 305

$1,959

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 most common annual income of people living in Minneapolis, MN is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

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

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 $164,995.

In February 2025 more than 190 listings in Minneapolis, MN were sold above the asking price. During the same period more than 131 listings were sold at asking price, while more than 253 were sold below. The inventory of homes for sale in Minneapolis, MN between January and February 2025 increased by 13.9%. In February 2025, listings were on the market for 48 days. During the same period, the median list price in this real estate market was $350,609.

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

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