Property profile

2530 1St Ave S N202 Minneapolis, MN 55404

FOR SALE
Apartment buildings
Property ID
US46-0219137
Built 1964
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Updated, sunny, and move-in ready, this 1-bedroom, 1-bath condo offers modern living in the heart of the Whittier neighborhood—just steps from Eat Street, the Minneapolis Institute of Arts and minutes to downtown. Converted from a solid mid-century building, this home blends style, comfort, and unbeatable convenience. Inside, you’ll find an open floor plan with a spacious living area filled with natural light, hardwood floors, and newer windows. The kitchen is beautifully updated with granite countertops, maple cabinets, and stainless steel appliances, including a dishwasher. The generous bedroom features a large closet and great light, while the bathroom has been updated. The TV and sound bar is included. This unit includes a reserved off-street parking space (#15) close to the back entrance. The building also offers shared laundry, indoor bike storage, and newer roof updates. Between the two buildings you’ll enjoy a dedicated outdoor common area with tables, grill stations, and a cozy fire pit. The affordable monthly association fee covering nearly everything: heat, internet, water/sewer, garbage, snow and lawn care, gas, and hazard insurance. Rentals and pets are allowed, making this a flexible option for owners. With its central location there is easy access to I-35, major transit lines, and countless dining, coffee, and cultural destinations nearby. And with ongoing road improvements set to boost both convenience and property values, this is a prime opportunity! Whether you’re a first-time buyer, or downsizer, this condo delivers value, location, and lifestyle. Quick close possible—move right in and start enjoying your new home today!

Property profile

Verified
Property type Apartment buildings
Year built 1964
UPID US46-0219137

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2530 1St Ave S, Unit N202 Minneapolis, MN 55404
Minneapolis metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message