1240 S 2nd Street #525, Minneapolis, MN 55415 - Photo 1

1/1

$460,000

Sold
Closed
Single Family
2 Beds
1 Full Bath
1 Partial Bath
1,143 Sq. Ft.
1 Car Garage

1/1

Property Description

Welcome to downtown Minneapolis living at its finest in The Legacy at 1240 S 2nd St #525 - a sophisticated, light-filled condo just steps from Gold Medal Park, river trails, the Guthrie Theater, and premier dining. This spacious 2-bed, 2-bath residence boasts an open layout accentuated by oversized windows and a private balcony, perfect for entertaining or relaxing with skyline views. The kitchen features stainless steel appliances, ample cabinetry, and a functional footprint that flows seamlessly into the living and dining areas. Recent upgrades include gorgeous wood floors refinished in 2025 and a brand-new washer and dryer, giving this home a fresh, move-in-ready feel. The gracious primary suite offers abundant closet space and an en suite bath, while the second bedroom and full guest bath provide flexibility for guests or a home office. Residents enjoy The Legacy's exceptional amenities - including heated parking, outdoor pool, fitness center, sauna, hot tub, golf simulator, game room, community room, and pet grooming station - all within a secure, full-service building. Don't miss this rare opportunity for low-maintenance, urban living in one of Minneapolis's most desirable condominium communities.

Full Property Details

Full Property Details for 1240 S 2nd St #525

General

Sold For: $460,000
HOA FEE: $693/month
Taxes: $5,904 (2025)
Status: Closed
Type: Single Family
Source: NorthStarMLS_RMLS
MLS ID: 7009403
Added to Site: 117 day(s) ago

Parking

Garage: Yes
Garage Spaces: 1
Parking Features: Assigned, Concrete, Shared Driveway, Garage Door Opener, Heated Garage, Underground, Units Vary

School Information

School District: 558 - Minneapolis
High School District: Minneapolis

Community

Association: Yes
Assoc. Name: First Services Residential
Assoc. Fees Include: Air Conditioning, Building Exterior, Cable TV, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Security Staff, Security System, Sewer, Shared Amenities, Snow Removal, Water

Heating & Cooling

Central air: Yes
Cooling Type: Central Air
Heating Type: Forced Air
Heating Fuel: Natural Gas

Utilities

Sewer: City Sewer Connected
Water: City Water (Connected)

Financial Considerations

Association Fee: $693
Assoc Fee Freq.: Monthly
Tax Amount: $5,904
Tax Year: 2025
Terms: Conventional, Cash

Disclosures and Reports

Legal Description: CIC NO 2057 LEGACY LOFTS A CONDO UNIT 525
Property ID: 2602924110739

Listed by RE/MAX Advantage Plus
Sold by Edina Realty, Inc.

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Schools

Schools serving 1240 S 2nd St #525

School District:Minneapolis Public School District

Name	Grades	Distance
Webster Elementary 425 5th Street Northeast, Minneapolis, MN 55413	PK-5	1.3 mi
Northeast Middle School 2955 Hayes Street Northeast, Minneapolis, MN 55418	6-8	3.2 mi
Edison Senior High School 700 22nd Avenue Northeast, Minneapolis, MN 55418	9-12	2.3 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1240 S 2nd St #525

Date

Details

Price

Change

Source

4/13/2026

Sold

$460,000

-1.08%

MLS

1/21/2026

Listed

$465,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Price Reduced

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Beds
1
Total Bath
760
Sq. Ft.

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2
Total Baths
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Sq. Ft.

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Closed

2
Beds
2
Total Baths
1,125
Sq. Ft.

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2
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2
Beds
2
Total Baths
1,166
Sq. Ft.

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2
Beds
2
Total Baths
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Sq. Ft.

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1240 S 2nd Street #525, Minneapolis, MN 55415 (MLS# 7009403) is a Single Family property that was sold at $460,000 on April 13, 2026. Want to learn more about 1240 S 2nd Street #525? Do you have questions about finding other Single Family real estate for sale in Downtown East? You can browse all Downtown East real estate or contact a Coldwell Banker agent to request more information.

1240 S 2nd St #525 Minneapolis, MN 55415