$2,672 Closing Credit¹
#6693099, Listing Office: Lakes Sotheby's International
$225,000 List price
111 Franklin Ave Unit 316 Minneapolis, MN 55404
$2,672
Closing credit¹
1 bed
1 full
890 sqft
$253 / 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. Originally built in 1950 as an Art Moderne office building, this architectural gem was creatively converted to lofts in 2004. Located on the top floor, this corner unit is flooded with year-round natural light from two full walls of windows and showcases the best downtown skyline view in town—striking at night when the city glows. Includes one assigned parking space (#44) in the surface lot, a basement storage unit, communal bike storage, and rights to lease an indoor parking spot. The shared outdoor courtyard with gardens, grills, and a spacious patio offers a perfect place to relax, entertain, or socialize. Within walking distance to Eat Street, The Wedge (the city’s best co-op), and the Minneapolis Institute of Art.
Highlights
Home typeCondominium
HeatingForced Air
StatusActive
CoolingCentral Air
Size890 sqft
Year built1950
ParkingAssigned, Parking Lot
MLS #6696442
Summary
- MLS Number: 6696442
- MLS Name: NORTHSTAR
- Office Name: Compass
Copyright © 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
By searching, you agree to the EULA Terms Agreement.
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 this broker 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. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/7/2025, 9:22:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$225,000
111 Franklin Ave Unit 316
$2,672
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
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. Typical income of Minneapolis, MN residents is between $35k-100k annually. Most families are 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 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
Similar homes for sale
$2,671 Closing Credit¹
#6684371, Listing Office: Edina Realty, Inc.
$2,730 Closing Credit¹
#6670123, Listing Office: National Realty Guild
$2,908 Closing Credit¹
#6659755, Listing Office: BRIX Real Estate
$2,374 Closing Credit¹
#6634985, Listing Office: LPT Realty, LLC
$2,493 Closing Credit¹
#6688632, Listing Office: VIBE Realty
Tour
$2,730 Closing Credit¹
#6655967, Listing Office: DRG
6 days on Rocket
$2,611 Closing Credit¹
#6694147, Listing Office: JPW Realty
$3,028 Closing Credit¹
#6644421, Listing Office: Compass
$2,945 Closing Credit¹
#6638915, Listing Office: Edina Realty, Inc.
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 April 4, 2025 and is currently priced at $225,000.
Over 364 listings were sold over their listed price in March 2025 in Minneapolis, MN. In the same period over 309 listings were sold below the listed price and 165 listings were sold for the listed price. The inventory of homes for sale in Minneapolis, MN between February and March 2025 increased by 23.5%. While the average time on the market in March 2025 was 41 days, the median list price was $353,912.
From Rocket Homes Real Estate and based on county public records data.