16 hours on Rocket
$2,791 Closing Credit¹
#6684371, Listing Office: Edina Realty, Inc.
$229,900 List price
111 Franklin Ave Unit 316 Minneapolis, MN 55404
$2,730
Closing credit¹
1 bed
1 full
890 sqft
$258 / sqft
Condo
Property details
About 111 Franklin Ave Unit 316
Opportunity to own a truly outstanding loft in the heart of the city at Franklin Lofts. This building was originally built in 1950 as an Art Moderne office building and then creatively converted to lofts in 2004. Located on the top floor, this corner unit combines great industrial character with concrete floors, exposed ductwork and steel beams, as well as abundant natural light and downtown skyline views with two full walls of windows. Comes with 1 assigned parking space #44 in surface lot and possible option to lease an indoor parking spot, as well as a storage locker. The outdoor courtyard with gardens, grills and spacious patio is another great space to entertain, relax and socialize. Enjoy everything the city offers including restaurants and coffee shops, parks and museums, music, sports, theaters and farmer’s markets.
Highlights
Home typeCondominium
HeatingForced Air
StatusActive
CoolingCentral Air
Size890 sqft
Year built1950
ParkingAssigned, Parking Lot
MLS #6646048
Summary
- MLS Number: 6646048
- MLS Name: NORTHSTAR
- Office Name: Compass
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$229,900
111 Franklin Ave Unit 316
$2,730
closing credit¹
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Seller rebate
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
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.
Neighborhood
The neighbors living near this home have an average income of $40,567. Residents of Minneapolis, MN typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically 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 Concerts
Major League Soccer (MLS)
Tennis
Where do the neighbors shop?
H&M
Banana Republic
Crate & Barrel
Where do the neighbors go to eat?
Chipotle
Jack In The Box
Starbucks
What do the neighbors drive?
Volkswagen
Toyota
BMW
What do the neighbors listen to?
Rhythmic Contemporary Hits
Jazz
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 111 Franklin Ave Unit 316
This home is located at 111 Franklin Ave Unit 316 in Minneapolis, MN and zip code 55404 in the Powderhorn neighborhood. This 890 square foot home was built in 1950. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 7, 2025 and is currently priced at $229,900.
While more than 190 listings in Minneapolis, MN in February 2025 were sold above asking price, there were more than 131 listings sold at asking price, and more than 253 were sold below. The inventory of homes for sale in Minneapolis, MN between January and February 2025 increased by 13.9%. The median list price of listings available in February 2025 was $350,609, while the average time on the real estate market was 48 days.
From Rocket Homes Real Estate and based on county public records data.