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$489,000 Sale Pending

  • For Sale
  • Pending
  • Condo
  • 2 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,425 Sq. Ft.
  • 2 Car Garage
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Welcome to 5th Ave Lofts in the heart of the North Loop! This spacious and modern 2-bedroom condo features a bright, open floor plan with oversized west-facing windows that fill the home with natural light and showcase gorgeous evening sunsets. Both bedrooms have their own windows, something rarely found in loft living, bringing warmth and livability to every room. Set in a quiet, well-maintained building, residents enjoy a full array of amenities while being just steps from the North Loop's best restaurants, coffee shops, shopping, public transit, entertainment, and riverfront trails. Whether you're entertaining in the open living space, relaxing in the glow of afternoon sun, or unwinding in the comfort of this peaceful community, this home offers the perfect blend of style, convenience, and location.

Full Property Details for 401 N 2nd St #623

General

  • Price: $489,000
  • HOA FEE: $859/month
  • Taxes: $6,720 (2025)
  • Status: Pending
  • Type: Condo
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6695568
  • Updated: 12/4/2025
  • Added to Site: 135 day(s) ago

Interior

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Wall Oven, Washer

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Dining Room: Informal Dining Room, Kitchen/Dining Room
  • Formal Dining Room: Informal Dining Room, Kitchen/Dining Room

Additional Information

  • Amenities: Hardwood Floors, Natural Woodwork, Tile Floors, Walk-In Closet
  • Shared Amenities: Concrete Floors & Walls, Deck, Elevator(s), Fire Sprinkler System, Patio, Security
  • Shared Rooms: Amusement/Party Room, Exercise Room, Other, Play Area

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Heated Garage, Underground

Location

  • County: Hennepin
  • Neighborhood: North Loop
  • Driving Directions: WASHINGTON TOWARD WAREHOUSE DISTRICT, R ON 3RD AVE NORTH, L ON 2ND, LOFTS ON LEFT (METERED PARKING)

School Information

  • School District: 1 - Minneapolis
  • High School District: Minneapolis

Community

  • Association: Yes
  • Assoc. Name: Gasson
  • Assoc. Fees Include: Air Conditioning, Cable TV, Controlled Access, Gas, Hazard Insurance, Heating, Internet, Maintenance Grounds, Parking, Professional Management, Security, Sewer, Shared Amenities
  • Pets Allowed: Yes

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Hot Water, Radiant
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Exterior Const.: Brick/Stone
  • Foundation Size: 1425
  • Roof: Flat
  • Disability Access: Accessible Elevator Installed
  • Square Feet: 1,425
  • Above Ground: 1,425 Sq. Ft.
  • Finished Down/Base.: 1,425 Sq. Ft.
  • Year Built: 2005

Lot Features

  • Zoning: Residential-Single Family

Financial Considerations

  • Association Fee: $859
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $6,720
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: CIC NO 1428 SECURITY WAREHOUSE/5TH AV UNIT NO 5-623
  • CC&Rs: Yes
  • Restrictions: Architecture Committee, Mandatory Owners Assoc, Other Covenants, Pets - Cats Allowed, Pets - Dogs Allowed, Pets: Number Limit
  • Property ID: 2202924131060

Listed by Drg

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— 401 N 2nd St #623 —

  • Drg

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Price & Sales History for 401 N 2nd St #623 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/06/2025
Price Reduced
$489,000
-1.21%
MLS
9/04/2025
Listed
$495,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 401 N 2nd St #623

Year
Property Taxes
Change
Tax Assessment
Change
2025
$599
7%
$18,000
—
2023
$559
-5%
$18,000
—
2023
$587
—
$18,000
17%
2023
$587
16%
$15,400
10%
2020
$504
17%
$14,000
22%
2019
$429
-1%
$11,500
—
2018
$435
9%
$11,500
21%
2017
$400
5%
$9,500
—
2016
$381
-5%
$9,500
—
2015
$403
94%
$9,500
—
2014
$208
—
$9,500
—
2013
$209
—
$9,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Drg

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401 N 2nd Street #623, Minneapolis, MN 55401 (MLS# 6695568) is a Condo property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 401 N 2nd Street #623 is currently listed for $489,000 and was received on September 04, 2025. Want to learn more about 401 N 2nd Street #623? Do you have questions about finding other Condo real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.

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