1240 S 2nd St, Unit 1118

Minneapolis, MN 55415

$850,000
Price
2
Beds
1,768 Sq. Ft.
$481 / Sq. Ft.
1,768
Sq. Ft.
$481
per Sq. Ft.
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Listed By CompassActive Under Contract
Listed By CompassActive Under Contract

Description

Set within the coveted Mill District, this well-planned residence at Legacy Lofts captures a rare and beautiful perspective of the city. Two walls of windows frame a sweeping, ever-changing panorama at this corner unit — from the Minneapolis skyline to the Mississippi Riverfront, anchored by a striking view of the Stone Arch Bridge. Morning light glides across the water, while evenings settle into a glow of city lights reflected along the river’s edge. Inside, the spacious living area unfolds with...Set within the coveted Mill District, this well-planned residence at Legacy Lofts captures a rare and beautiful perspective of the city. Two walls of windows frame a sweeping, ever-changing panorama at this corner unit — from the Minneapolis skyline to the Mississippi Riverfront, anchored by a striking view of the Stone Arch Bridge. Morning light glides across the water, while evenings settle into a glow of city lights reflected along the river’s edge. Inside, the spacious living area unfolds with a natural sense of openness, while offering a tucked-away, light-filled nook — ideal for a refined den or lounge without sacrificing the flow of the main living space. The primary suite boasts superb views, a walk-in closet with storage system, and private bath with dual sinks. The second bedroom is equally versatile, easily serving as a spacious home office, guest retreat, or a seamless blend of both. The private covered balcony extends the living space outward, offering a front-row seat to this dynamic backdrop — equally suited for quiet mornings or effortless entertaining. Life at Legacy Lofts is designed for ease and indulgence, with an elevated collection of amenities including a tranquil sauna and resort-style pool deck with grilling stations and thoughtfully curated lounge spaces that invite connection or retreat. Here, every detail supports a lifestyle that feels refined and remarkably effortless.

Listing Agent

  1. Lynn Burn

    Lynn Burn

    Listing Agent

    Compass

    P: (612)-803-0912

    CallText

Property Details for 1240 South 2nd Street, Unit 1118

Neighborhood
Downtown East
Subdivision Name
Cic 2057 Legacy Lofts A Condo
Zoning Jurisdiction
Residential-Single Family
LISTING UPDATED: 05/11/2026 10:32 AM

Property Details for 1240 South 2nd Street, Unit 1118

StatusActive Under Contract
MLS #7052711
Days on Compass1
Taxes$12,243 / year
HOA Fees$1,056 / month
Condo/Co-op Fees-
Property TypeCondo
MLS TypeResidential / (CC) High Rise (4+ Levels)
Year Built2017
CountyHennepin County
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Location

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Building Information for 1240 South 2nd Street, Unit 1118

Building/Complex1240 S 2nd StFloor11Stories-Residences-Pet Policy-Pet Policy Details-Year Built2017

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$6,356 per month

30 year fixed, 6.46% Interest

Principal and Interest

$4,280

Property Taxes

$1,020

HOA Dues

$1,056

The Payment Calculator is for illustrative purposes only.

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Property Information for 1240 South 2nd Street, Unit 1118

Summary
Location and General Information
  • City Name: Minneapolis
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: 35W to Washington, North to 11th Avenue, Right to 2nd Street.
  • Latitude: 44.976328
  • Longitude: -93.249687
  • Map Coordinate: 106-E2
  • City and Location: Minneapolis
  • City and Location Text: Minneapolis(MN)
  • Postal Code: 55415
  • State Or Province: MN
  • Public Survey Township: 29
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $1,055.59
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Air Conditioning, Building Exterior, Cable TV, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Sanitation, Sewer, Shared Amenities, Snow Removal, Water
  • Association Name: First Service Residential
  • Association Phone: 9522772700
  • Association: Yes
  • Parcel Number: 2602924110897
  • Tax Annual Amount: $12,243.00
  • Tax Legal Description: CIC NO 2057 LEGACY LOFTS A CONDO UNIT 1118
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2026
  • Tax With Assessments: 12243
School Information
  • High School District: 1 - Minneapolis
  • School District Number: 1
  • School District Phone: 6126680000
Property
Lot Information
  • Above Grade Fin SQFT: 1768.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 1768.0
  • Living Area Units: Square Feet
  • Lot Features: Irregular Lot
  • Lot Size Area: 0.0
  • Lot Size Dimensions: Common
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Attached: Yes
  • Property Sub Type: (CC) High Rise (4+ Levels)
  • Property Type: Residential
  • SQFT Main Total: 1768
  • Building Area Total: 1768.0
  • Above Grade SqFt Total: 1768
  • Below Grade SqFt Total: 0
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: No Stairs Internal
  • Association Amenities: Car Wash, Concrete Floors & Walls, Deck, Elevator(s), Fire Sprinkler System, Hot Tub, In-Ground Sprinkler System, Lobby Entrance, Sauna, Security Building
  • Exterior Features: Stone, Metal
  • Foundation Area: 1768.0
  • Foundation Details: Other
  • Fuel: Natural Gas
  • Pool Features: Heated, Outdoor, Shared
Interior Features
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Basement Type: None
  • Amenities Unit: Balcony,Cable,Ceiling Fan(s),City View,Hardwood Floors,Indoor Sprinklers,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Panoramic View,Washer/Dryer Hookup
  • Bath Desc: 3/4 Primary,Double Sink,Private Primary,Main Floor Full Bath,Walk-In Shower Stall
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total Count: 2
  • Bedrooms Total: 2
  • Fireplace Features: Electric, Living Room
  • Fireplaces Total: 1
  • FireplaceYN: Yes
  • Cooling: Central Air
  • Dining Room Description: Informal Dining Room,Kitchen/Dining Room,Living/Dining Room
  • Heating: Baseboard, Hot Water
  • Laundry Features: Laundry Room, Main Level, In Unit
  • Levels: One
  • Shared Rooms: Amusement/Party Room,Business Center,Community Room,Exercise Room,Media Room,Other,Play Area
  • Room List: Deck, Dining Room, Bedroom, Kitchen, Laundry, Living Room, Bedroom 2, Walk-In Closet
  • Basement YN: No
Room Information
Room 1
  • Room Dimensions: 14 x 6
  • Room Level: Main
  • Room Type: Deck
Room 2
  • Room Level: Main
  • Room Type: Dining Room
Room 3
  • Room Dimensions: 16 x 14
  • Room Level: Main
  • Room Type: Bedroom
Room 4
  • Room Dimensions: 26 x 15
  • Room Level: Main
  • Room Type: Kitchen
Room 5
  • Room Level: Main
  • Room Type: Laundry
Room 6
  • Room Dimensions: 30 x 12
  • Room Level: Main
  • Room Type: Living Room
Room 7
  • Room Dimensions: 15 x 13
  • Room Level: Main
  • Room Type: Bedroom 2
Room 8
  • Room Level: Main
  • Room Type: Walk-In Closet

Property History for 1240 South 2nd Street, Unit 1118

DateEvent & SourcePriceAppreciation
May 5, 2026

In Contract

NorthStar #7052711

—
Apr 30, 2026

Price Change

NorthStar #7052711

$850,000—
Apr 30, 2026

Listed (Active)

NorthStar #7052711

—
DateEvent & SourcePrice
05/05/2026

In Contract

NorthStar #7052711

—
04/30/2026

Price Change

NorthStar #7052711

$850,000
04/30/2026

Listed (Active)

NorthStar #7052711

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1240 South 2nd Street, Unit 1118

Taxable ValueLand$53,000Additions$638,000Total$691,000
Tax Record2026$11,368 ($947 / month)
Home Facts
Beds2Total Finished SqFt1,768 SqFtAbove Grade Finished SqFt1,768 SqFtStories1StyleCondominiumYear Built2017CountyHENNEPINAPN26-029-24-11-0897

Schools near 1240 South 2nd Street, Unit 1118

This home is within Minneapolis Public School Dist..
Rating
School
Type
Grades
Distance
Webster Elementary
Public - PK to 5
Northeast Middle School
Public - 6 to 8
Edison Senior High School
Public - 9 to 12
Stadium View
Public - 6 to 12
Rating
School
Distance
Webster Elementary
PublicPK to 5

Northeast Middle School
Public6 to 8

Edison Senior High School
Public9 to 12

Stadium View
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information submitted to the MLS GRID as of 05/11/2026 10:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.