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CondominiumResidential

700 S 2nd St

MINNEAPOLIS, MN 55401
1.54 ac
Lot SizeThe size of the land the home sits on, from county records.
1914
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
Built 191457 units37–5,823 ft²
$50M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$347K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$799
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

+142.1%vs the Minneapolis ZIP median sale $/ft² ($330)

Sales Performance

$1.7M
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
-47.7%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
1
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
1.8%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+4.9%per yeartypical hold 6.3 yrsfrom 36 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20042007201120142016201920222025
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20042007201120142016201920222025

79 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$80K$1.3M$2.6M$3.9M37 ft²1,194 ft²2,351 ft²3,509 ft²4,666 ft²5,823 ft²
Studio1 bd2 bd
Studio
34 units
1 bed
6 units
2 bed
17 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
Studio · 0 ba · 131 ft²
3 units
Studio · 0 ba · 80 ft²
2 units
One-off layouts
52 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$80K–$501K
35 units
$628K–$963K
5 units
$1.2M–$1.3M
4 units
$1.5M–$1.8M
5 units
$2.2M–$2.2M
1 unit
$3.1M–$3.1M
2 units
$3.4M–$3.9M
5 units

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.12%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.37%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.12.4 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.92%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.13%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$2,289,408
Median tax billThe middle annual property tax bill among the building's units.$433
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit T76Nov 24, 2025$1,700,000Unit W81Apr 23, 2025$3,250,000Unit W10Aug 9, 2024$885,000Unit W42May 1, 2024$1,700,000Unit W80Aug 11, 2023$1,795,000Unit T51Aug 11, 2023$1,795,000Unit W100Aug 2, 2022$6,999,000Unit P132Aug 2, 2022$6,999,000Unit P131Aug 2, 2022$6,999,000Unit W40Jun 9, 2022$1,535,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.23 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyHENNEPIN
ConstructionThe main material the home's frame and walls are built from.Concrete
HeatingThe type of heating system in the home.Steam
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Webster Community SchoolD
Elementary · Grades PK–5 · 1.1 mi
H
Edison High SchoolD+
High · Grades 9–12 · 2.1 mi
M
Northeast Community Middle SchoolD
Middle · Grades 6–8 · 3.1 mi

District: Minneapolis Public School District

Neighborhood · ZIP 55401These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.167
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.93
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.13

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.40%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.12,952
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.12,383 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$121,064
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$159,812
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.32 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

700 S 2nd St # W10
2 bd · 2.8 ba · 1,646 ft²
$819K
700 S 2nd St # W11
2 bd · 2.8 ba · 1,377 ft²
$752K
700 S 2nd St # T12
80 ft²
$347K
700 S 2nd St # W12
1 bd · 1 ba · 1,020 ft²
$501K
700 S 2nd St # W20
2 bd · 2.8 ba · 2,422 ft²
$1.2M
700 S 2nd St # W21
1 bd · 1.5 ba · 2,052 ft²
$1.3M
700 S 2nd St # W22
2 bd · 3.3 ba · 2,696 ft²
$1.2M
700 S 2nd St # W30
1 bd · 2.3 ba · 1,760 ft²
$963K
700 S 2nd St # W31
2 bd · 4.3 ba · 4,048 ft²
$3.4M
700 S 2nd St # W32
1 bd · 1.5 ba · 1,259 ft²
$739K
700 S 2nd St # W40
2 bd · 3.3 ba · 2,579 ft²
$1.5M
700 S 2nd St # W41
2 bd · 2.8 ba · 2,036 ft²
$1.6M
700 S 2nd St # W42
1 bd · 2.8 ba · 2,416 ft²
$1.3M
700 S 2nd St # T44
132 ft²
$80K
700 S 2nd St # T45
130 ft²
$462K
700 S 2nd St # T46
196 ft²
$86K
700 S 2nd St # T47
80 ft²
$114K
700 S 2nd St # W50
2 bd · 1.8 ba · 1,281 ft²
$628K
700 S 2nd St # T51
60 ft²
$347K
700 S 2nd St # W51
2 bd · 3.8 ba · 5,823 ft²
$3.7M
700 S 2nd St # T52
70 ft²
$347K
700 S 2nd St # W61
2 bd · 4.5 ba · 4,132 ft²
$3.7M
700 S 2nd St # W62
2 bd · 3.3 ba · 2,880 ft²
$1.8M
700 S 2nd St # T66
37 ft²
$347K
700 S 2nd St # T68
114 ft²
$115K
700 S 2nd St # T69
82 ft²
$347K
700 S 2nd St # W70
2 bd · 3.3 ba · 3,133 ft²
$1.7M
700 S 2nd St # W71
2 bd · 3.3 ba · 4,054 ft²
$3.1M
700 S 2nd St # T73
72 ft²
$347K
700 S 2nd St # T74
42 ft²
$347K
700 S 2nd St # T76
90 ft²
$115K
700 S 2nd St # T77
86 ft²
$87K
700 S 2nd St # T78
131 ft²
$115K
700 S 2nd St # T79
131 ft²
$115K
700 S 2nd St # T80
131 ft²
$115K
700 S 2nd St # W80
1 bd · 2.3 ba · 3,095 ft²
$1.8M
700 S 2nd St # T81
145 ft²
$115K
700 S 2nd St # W81
2 bd · 3.3 ba · 4,094 ft²
$3.1M
700 S 2nd St # W90
2 bd · 2.8 ba · 3,046 ft²
$2.2M
700 S 2nd St # W91
2 bd · 3.3 ba · 3,555 ft²
$3.5M
700 S 2nd St # W100
2 bd · 3.3 ba · 3,989 ft²
$3.9M
700 S 2nd St # P123
160 ft²
$139K
700 S 2nd St # P124
$111K
700 S 2nd St # P125
$111K
700 S 2nd St # P126
$111K
700 S 2nd St # P127
$111K
700 S 2nd St # P128
$111K
700 S 2nd St # P129
$111K
700 S 2nd St # P130
$111K
700 S 2nd St # P131
$111K
700 S 2nd St # P132
$111K
700 S 2nd St # P133
$111K
700 S 2nd St # P134
$111K
700 S 2nd St # P135
$111K
700 S 2nd St # P136
$111K
700 S 2nd St # P137
$111K
700 S 2nd St # P138
$111K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 700 S 2nd St

How many units are in 700 S 2nd St, Minneapolis, MN?

700 S 2nd St, Minneapolis, MN has 57 residential units across built in 1914, according to county assessor records.

What is a unit at 700 S 2nd St, Minneapolis, MN worth?

The median TopHap Estimate across the 57 units at 700 S 2nd St, Minneapolis, MN is $347,085. That works out to $799 per square foot. Units run from 37 to 5,823 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 700 S 2nd St, Minneapolis, MN expensive for Minneapolis?

Units at 700 S 2nd St, Minneapolis, MN carry a median of $799 per square foot, 142% above the Minneapolis median of $330 per square foot.

How often do units sell at 700 S 2nd St, Minneapolis, MN?

1 units at 700 S 2nd St, Minneapolis, MN sold in the last 12 months, out of 79 recorded arms-length sales all time. That is a turnover rate of 1.8% of the building per year. The median sale over that period was $1.7M.

Have units at 700 S 2nd St, Minneapolis, MN appreciated?

Across 36 repeat sales of the same unit, 700 S 2nd St, Minneapolis, MN returned a median 4.9% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 6.3 years.

What floor plans does 700 S 2nd St, Minneapolis, MN have?

The most common plan at 700 S 2nd St, Minneapolis, MN is a 0-bedroom of 131 square feet, repeated 3 times, with a median estimate of $114,989. TopHap identifies 2 recurring plans in the building.

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