Luxury Condo in Downtown
For Sale
$479,900
201 S 11th Street #1400, Minneapolis, MN 55403
Stylish 2-bedroom condo with skyline views and top amenities.
Property Size1,995 SF
Days on Market421
Property Features for 201 S 11th Street #1400
General Information
Standard status
Active
Size
1,995 SF
Property subtype
Single Family Detached
Amenities
Forced Air
Central Air
Baseboard
Refrigerator
Range
Dishwasher
Disposal
Exhaust Fan
Microwave
Deck
Building Details
Building Size
1,995 SF
Year Built
2007
Listing Agency:
COLDWELL BANKER REALTY
Listed By:
COLDWELL BANKER REALTY
(908) 233-5555
Source:
Kw
Added: Aug 11, 2025
Changed: Aug 8
Last Checked: Oct 4 at 8:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This stylish condo, located in downtown Minneapolis, features 2 bedrooms and 2 bathrooms. Floor-to-ceiling windows provide skyline views and natural light. The open layout incorporates modern finishes and a sophisticated design. Residents have access to amenities including valet parking, 24-hour concierge service, on-site dining, and direct connection to the skyway. The property is located close to restaurants, shopping, and cultural venues.
Key Highlights
- Stunning skyline views from floor‑to‑ceiling windows.
- Prime downtown Minneapolis location.
- Direct skyway access.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,772
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,440
$535.4K
Cap Rate 7%
$382,457
$382.5K
Cap Rate 9%
$297,467
$297.5K
Market Conditions
NOI Build-Up for 1,995 SF
Gross rent
$51.9K $26.04/SF
− Vacancy
−$3.3K −$1.64/SF
EGI
$48.7K $24.40/SF
− OpEx
−$21.9K −$10.98/SF
NOI
$26.8K $13.42/SF
Area
Minneapolis, MN
Vacancy
6.30%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,440
Cap Rate 7%
$382,457
Cap Rate 9%
$297,467
Alternative Uses
Best Use
Apartment 5plus
$382.5K
$334.7K – $446.2K
NOI $26,772 @ 7.0% cap · market cap 5.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$476.0K
$416.5K – $555.3K
NOI $33,318 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
10,877
Businesses Nearby
Explore this area
Business Placement
Demographics for 55403, MN
17,707
Population
12,906
Households
1.4
Avg Household Size
35
Median Age
59%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
12,648
Density / Sq Mi
$59,928
Median Household Income
$50,876
Median Earnings
$1,199
Median Rent
$285,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
High-rise multifamily apartment - Stylish 2-bedroom condo with skyline views and top amenities.
Where is this high-rise multifamily apartment located?
The property is located at 201 S 11th Street #1400 Minneapolis, MN.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Stunning skyline views from floor‑to‑ceiling windows.; Prime downtown Minneapolis location.; Direct skyway access.
