521 2nd St SE, Unit 507

$495,000
Price
2
Beds
1,430 Sq. Ft.
$346 / Sq. Ft.
1,430
Sq. Ft.
$346
per Sq. Ft.

Description

Welcome to 521 2nd St SE—A Rare Top-Floor Penthouse in the Coveted Flour Sack Flats.
This light-filled penthouse offers the perfect blend of modern comfort and urban convenience in one of Minneapolis’ most sought-after neighborhoods. Located just two blocks from the iconic Stone Arch Bridge and one block from the lively St. Anthony Main, you'll enjoy unmatched walkability to local restaurants, theaters, and downtown attractions—all while living on the quieter, more residential side of the river.
Inside,
...Welcome to 521 2nd St SE—A Rare Top-Floor Penthouse in the Coveted Flour Sack Flats.
This light-filled penthouse offers the perfect blend of modern comfort and urban convenience in one of Minneapolis’ most sought-after neighborhoods. Located just two blocks from the iconic Stone Arch Bridge and one block from the lively St. Anthony Main, you'll enjoy unmatched walkability to local restaurants, theaters, and downtown attractions—all while living on the quieter, more residential side of the river.

Inside, nearly floor-to-ceiling windows and soaring 20-foot ceilings flood the space with natural light from sunrise to sunset. The open-concept layout is both functional and inviting, featuring a spacious primary suite, a comfortable guest bedroom, and a private balcony perfect for grilling and relaxing.

This extraordinary residence boasts two heated underground parking stalls—a true luxury for city living. With only 50 units in this boutique building, you'll find a warm, close-knit community that offers both security and a vibrant lifestyle. Whether you're a professional seeking the energy of city life with a neighborhood feel or a discerning buyer looking for a chic, move-in-ready haven, this penthouse serves as the perfect retreat, offering the best of both worlds.

Property Details for 521 2nd Street Southeast, Unit 507

Neighborhood
Marcy Holmes
Subdivision Name
Cic 1630 Flour Sack Flats Cond
Zoning Jurisdiction
Residential-Multi-Family
LISTING UPDATED: 10/18/2025 08:51 AM

Property Details for 521 2nd Street Southeast, Unit 507

StatusActive
MLS #6805802
Days on Compass50
Taxes$6,946 / year
HOA Fees$733 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / High Rise
Year Built2006
CountyHennepin County

Location

Listing Courtesy of: .

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Building Information for 521 2nd Street Southeast, Unit 507

Building/Complex521 2nd St SeFloor5Stories-Residences-Pet PolicyAllowedPet Policy DetailsMandatory Owners Assoc,Pets - Cats Allowed,Pets - Dogs Allowed,Rental Restrictions May ApplyYear Built2006

Payment Calculator

$3,758 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,446

Property Taxes

$579

HOA Dues

$733

The Payment Calculator is for illustrative purposes only.

Property Information for 521 2nd Street Southeast, Unit 507

Summary
Location and General Information
  • City Name: Minneapolis
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: 4th St. SE or University Av to 6th Ave SE, go South to 2nd Street on the NW corner.
  • Latitude: 44.9833624966
  • Longitude: -93.2487079153
  • Map Coordinate: 106-E2
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Minneapolis
  • City and Location Text: Minneapolis(MN)
  • Postal Code: 55414
  • State Or Province: MN
  • Public Survey Township: 29
Taxes and HOA Information
  • Additional Parcels Description: 2302924410163
  • Additional Parcels: Yes
  • Association Fee: $733.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Maintenance Structure, Controlled Access, Internet, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities
  • Association Name: First Service Residential
  • Association Phone: 952-277-2700
  • Association: Yes
  • Parcel Number: 2302924410102
  • Tax Annual Amount: $6,946.00
  • Tax Legal Description: CIC NO 1630 FLOUR SACK FLATS CONDO UNIT NO 507
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 6946.0000
School Information
  • High School District: 1 - Minneapolis
  • School District Number: 1
  • School District Phone: 612-668-0000
Property
Lot Information
  • Above Grade Fin SQFT: 1430.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 1430.0
  • Lot Features: Public Transit (w/in 6 blks), Corner Lot
  • Lot Size Area: 0.0
  • Lot Size Dimensions: common
  • Lot Size Square Feet: 0.0
  • Lot Size Units: Acres
  • Other Structures: Gazebo
  • Present Use: Yearly
  • Property Attached: Yes
  • Property Sub Type: High Rise
  • Property Type: Residential
  • SQFT Main Total: 1430.0000
  • Building Area Total: 1430.0
  • Above Grade SqFt Total: 1430.0000
  • Below Grade SqFt Total: 0.0000
Property and Assessments
  • Age Of Property: 19
Utilities
  • Electric: Circuit Breakers
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Accessible Elevator Installed, Hallways 42"+, No Stairs External, No Stairs Internal
  • Association Amenities: Common Garden, Elevator(s), Fire Sprinkler System, Security
  • Foundation Area: 1430.0
  • Fuel: Electric
  • Road Frontage Type: City Street, Curbs, Sidewalks, Street Lights
  • Roof: Flat
  • Patio Porch Type: Patio
Interior Features
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement Type: None
  • Amenities Unit: Balcony,French Doors,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Panoramic View,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup
  • Bath Desc: Bathroom Ensuite,Full Primary,Main Floor 3/4 Bath,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
  • Fireplaces Total: 0
  • Cooling: Central Air
  • Dining Room Description: Breakfast Bar,Eat In Kitchen,Informal Dining Room,Kitchen/Dining Room,Living/Dining Room
  • DP Resource: Y
  • Garage Stall Num: 30 & 57
  • Heating: Forced Air
  • Levels: One
  • Shared Rooms: Sun Room
  • Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2
  • Room List: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2
  • Basement YN: No
Room Information
Room 1
  • Room Dimensions: 16x11
  • Room Level: Main
  • Room Type: Living Room
Room 2
  • Room Dimensions: 14x13
  • Room Level: Main
  • Room Type: Dining Room
Room 3
  • Room Dimensions: 15x11
  • Room Level: Main
  • Room Type: Kitchen
Room 4
  • Room Dimensions: 18x16
  • Room Level: Main
  • Room Type: Bedroom 1
Room 5
  • Room Dimensions: 10x10
  • Room Level: Main
  • Room Type: Bedroom 2

Property History for 521 2nd Street Southeast, Unit 507

DateEvent & SourcePriceAppreciation
Oct 17, 2025

Price Change

NorthStar #6805802

$495,000—
Oct 17, 2025

Listed (Active)

NorthStar #6805802

—
Oct 17, 2025

Off Market

NorthStar #6795502

—
Sep 29, 2025

Price Change

NorthStar #6795502

$505,000—
Sep 29, 2025

Listed (Active)

NorthStar #6795502

—
Feb 17, 2023

Sold

NorthStar #6313639

$492,500—
Feb 6, 2023

Pending

NorthStar #6313639

—
Jan 31, 2023

Off Market

NorthStar #6313639

—
Dec 9, 2022

Listed (Active)

NorthStar #6313639

$520,000—
Nov 21, 2022

Off Market

NorthStar #6239018

—
Jul 22, 2022

Listed (Active)

NorthStar #6239018

$549,900—
Nov 12, 2013

Off Market

Lake Superior Area REALTORS #1865183

$399,900—
Jun 28, 2013

Sold

Lake Superior Area REALTORS #2030238

$379,000—
May 18, 2013

Pending

Lake Superior Area REALTORS #2030238

—
Apr 26, 2013

Listed (Active)

Lake Superior Area REALTORS #2030238

$389,000—
Mar 16, 2012

Off Market

Lake Superior Area REALTORS #1503340

$379,900—
Mar 16, 2012

Off Market

Lake Superior Area REALTORS #1500300

$359,900—
Mar 16, 2012

Off Market

Lake Superior Area REALTORS #1500097

$359,900—
Mar 16, 2012

Off Market

Lake Superior Area REALTORS #1500804

$369,000—
Oct 24, 2008

Sold

Lake Superior Area REALTORS #1525655

$350,000—
Sep 24, 2008

Pending

Lake Superior Area REALTORS #1525655

—
Aug 11, 2008

Listed (Active)

Lake Superior Area REALTORS #1525655

$364,900—
Jun 4, 2008

Listed (Active)

Lake Superior Area REALTORS #1503340

$379,900—
Feb 20, 2008

Listed (Active)

Lake Superior Area REALTORS #1500804

$369,000—
Jan 30, 2008

Listed (Active)

Lake Superior Area REALTORS #1500300

$359,900—
Jan 18, 2008

Listed (Active)

Lake Superior Area REALTORS #1500097

$359,900—
Mar 2, 2007

Listed (Active)

Lake Superior Area REALTORS #1865183

$430,900—
Jul 12, 2006

Off Market

NorthStar #3135930

—
Jan 12, 2006

Listed (Active)

NorthStar #3135930

$430,900—
DateEvent & SourcePrice
10/17/2025

Price Change

NorthStar #6805802

$495,000
10/17/2025

Listed (Active)

NorthStar #6805802

—
10/17/2025

Off Market

NorthStar #6795502

—
09/29/2025

Price Change

NorthStar #6795502

$505,000
09/29/2025

Listed (Active)

NorthStar #6795502

—
02/17/2023

Sold

NorthStar #6313639

$492,500
02/06/2023

Pending

NorthStar #6313639

—
01/31/2023

Off Market

NorthStar #6313639

—
12/09/2022

Listed (Active)

NorthStar #6313639

$520,000
11/21/2022

Off Market

NorthStar #6239018

—
07/22/2022

Listed (Active)

NorthStar #6239018

$549,900
11/12/2013

Off Market

Lake Superior Area REALTORS #1865183

$399,900
06/28/2013

Sold

Lake Superior Area REALTORS #2030238

$379,000
05/18/2013

Pending

Lake Superior Area REALTORS #2030238

—
04/26/2013

Listed (Active)

Lake Superior Area REALTORS #2030238

$389,000
03/16/2012

Off Market

Lake Superior Area REALTORS #1503340

$379,900
03/16/2012

Off Market

Lake Superior Area REALTORS #1500300

$359,900
03/16/2012

Off Market

Lake Superior Area REALTORS #1500097

$359,900
03/16/2012

Off Market

Lake Superior Area REALTORS #1500804

$369,000
10/24/2008

Sold

Lake Superior Area REALTORS #1525655

$350,000
09/24/2008

Pending

Lake Superior Area REALTORS #1525655

—
08/11/2008

Listed (Active)

Lake Superior Area REALTORS #1525655

$364,900
06/04/2008

Listed (Active)

Lake Superior Area REALTORS #1503340

$379,900
02/20/2008

Listed (Active)

Lake Superior Area REALTORS #1500804

$369,000
01/30/2008

Listed (Active)

Lake Superior Area REALTORS #1500300

$359,900
01/18/2008

Listed (Active)

Lake Superior Area REALTORS #1500097

$359,900
03/02/2007

Listed (Active)

Lake Superior Area REALTORS #1865183

$430,900
07/12/2006

Off Market

NorthStar #3135930

—
01/12/2006

Listed (Active)

NorthStar #3135930

$430,900

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

Public Records for 521 2nd Street Southeast, Unit 507

Taxable ValueLand$25,000Additions$442,000Total$467,000
Tax Record2025$6,946 ($579 / month)
Home Facts
Beds2Baths1.8Total Finished SqFt1,318 SqFtAbove Grade Finished SqFt1,318 SqFtStories1Lot Size32,670 SqFtStyleCondominiumYear Built2006ZoningC3ACountyHENNEPINAPN23-029-24-41-0102

Schools near 521 2nd Street Southeast, Unit 507

This home is within Minneapolis Public School Dist..
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Webster Elementary
PublicPK to 5

Northeast Middle School
Public6 to 8

Edison Senior High School
Public9 to 12

Marcy Elementary
PublicPK to 5

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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521 2nd Street Southeast, Unit 507 is a condo for sale in Minneapolis, MN 55414. This property was listed for sale on October 17, 2025 by Compass, it's currently listed at $495,000. It has been on the market for a total of 50 days and was last sold on February 17, 2023. This listing's school district is Minneapolis Public School Dist.. Nearby schools include Webster Elementary, Northeast Middle School and Edison Senior High School. 521 2nd Street Southeast, Unit 507 is a 2-bed, 2-bath, 1,430 sqft condo built in 2006.

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 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.

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/06/2025 11:42 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.