1240 2nd St
Minneapolis, MN 55415
3 bd 2 ba 2,042 sqft Built 2017 Lot 185,914 sqft condos
Most recent sale
$1,150,000
May 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 3, 2022 | Sold | $1,150,000 | Public Record |
| Apr 25, 2022 | Sold | $1,150,000 | MLS #6154719 |
| Mar 9, 2022 | Listed | $1,189,000 | MLS #6154719 |
| Oct 26, 2020 | Sold | $950,000 | MLS #5562298 |
| Sep 10, 2020 | Price changed | $1,050,000 | MLS #5562298 |
| Jun 12, 2020 | Price changed | $1,150,000 | MLS #5562298 |
| May 13, 2020 | Listed | $1,250,000 | MLS #5562298 |
| Oct 12, 2018 | Sold | $919,900 | MLS #4884427 |
| Sep 12, 2018 | Sold | $919,900 | MLS #4884427 |
| Oct 13, 2017 | Listed | $919,900 | MLS #4884427 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $992,000 | $61,000 | $1,053,000 | $17,522 |
| 2024 | $966,000 | $61,000 | $1,027,000 | $14,956 |
| 2023 | $876,000 | $58,000 | $934,000 | $13,565 |
| 2022 | $905,000 | $48,000 | $953,000 | $14,625 |
| 2021 | $851,800 | $47,700 | $899,500 | $13,214 |
| 2020 | — | — | $188,815 | $2,764 |
Property facts
Year built
2017
Property type
condos
Stories
1
Beds
3
Baths
2
Living area
2,042 sqft
Lot size
185,914 sqft
ZIP code
55415
City
Minneapolis
Street
2nd St
Coordinates
44.97633, -93.24969
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1240 2nd St last sell?
1240 2nd St most recently sold on May 3, 2022 for $1,150,000.
What is the current tax assessment for 1240 2nd St?
The most recent total assessment for 1240 2nd St (year 2025) is $1,053,000 with $17,522 in property tax.
How does 1240 2nd St's assessment compare to its last sale price?
The current assessment is 8.4% below the last sale price of $1,150,000.
When was 1240 2nd St built?
1240 2nd St was built in 2017.
How does 1240 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 1240 2nd St?
1240 2nd St is a 3 bed, 2 bath, 2,042 sqft, 185,914 sqft lot condos.
Is 1240 2nd St a flip candidate?
Yes — 1240 2nd St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1240 2nd St a tax-appeal candidate?
No — 1240 2nd St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.8%
Implied 1-yr
-7.3%
2026 Q3
$447.4K
2026 Q4
$438.2K
ZIP 55415 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 2nd St