Minneapolis, MN

Corridor Flats
Unit 407

2929 21st Avenue South  •  Top Floor  •  Minneapolis, MN 55407

$239,900
List Price
1,098
Square Feet
2 BD / 1 BA
Layout
4th Floor
Top Floor
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1 / 6
🚇
3 MinWalk to Blue Line
🏢
12 15 Minto Target, US Bancorp, Ameriprise
🚗
IncludedHeated Underground Parking
💰
$218/sqftLowest in Comparable Class
✈️
15 MinMSP Airport via Blue Line

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2929 21st Ave S, Unit 407 — Listing Flyer

2 Bed  |  1 Bath  |  1,098 Sq Ft  |  $239,900
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The Smart Buy

Why Unit 407 Wins on Value

At $218 per square foot, this is the lowest price-per-sqft among all comparable Minneapolis condos currently on the market. Run the full ownership math and the case becomes undeniable.

Monthly Ownership Cost
Purchase Price$239,900
Down Payment (20%)$47,980
Mortgage P&I / month$1,150
HOA (water, trash, insurance, elevator, parking)$446
Property Tax / month$211
Total All-In / Month~$1,807
5-Year Savings vs Other Units
$88K
vs. Portland Tower
($412,500 list)
$96K
vs. 730 Lofts
($425,000 list)
$95K
vs. Bridgewater
($455,000 list)
$15K+
Equity Built
in 5 Years
$167K $210K
Less than comparable downtown condos
Your Numbers

What Will You Actually Pay?

Adjust down payment and rate to see your real monthly cost. Then compare it to what you are paying in rent right now.

$239,900
20% $47,980
6.00%
$2,200
Estimated Monthly All-In
$2,042
Mortgage + HOA + Tax + Insurance
Mortgage P&I$1,151
HOA Fee$446
Property Tax (1.17%)$234
Down Payment Required$47,980
5-Yr Principal Paydown$15,200+
Owning vs. Renting Over 5 Years
Renting 60 months $132,000
Owning 60 months $122,520
You save (+ build equity) $9,480+
What You Get

Built for How You Actually Live

🏔️
Top Floor Privacy

4th floor means no neighbors above you. West-facing views over trees with protected sightlines. The land across the street cannot be developed your view is permanent.

🚗
Heated Underground Parking

Drive in underground, take the elevator to your floor. Minneapolis winters handled. Downtown condo owners pay $180 $350/month extra for this. Yours is included.

👔
Executive Home Office

The secondary bedroom at 10'10" x 15'6" is one of the largest in this building. Currently set up as a dual monitor home office. Corporate hybrid workers, this is your room.

🧺
In-Unit Laundry

Full-size stacked washer and dryer inside the unit. Not a shared laundry room. Not coin operated. Yours, on your schedule, on your floor.

🔒
Smart Building Access

Integrated mobile app controls all entry points main doors, garage, package room, elevators. Video intercom for guests. SOC 2 Type II compliant infrastructure.

🏠
No Rental Restrictions

The HOA has no cap on rentals. Rent immediately after purchase if needed. Downtown 2BR rentals run $1,800 $2,400/month this unit is a genuine income asset.

🌿
Private Balcony

Top floor balcony with tree canopy views and city light. Deer visit the greenspace across the street. You earn this view by being on the top floor.

🍽️
Open Plan Living

1,098 sq ft laid out with a true open plan kitchen, dining, and living flow together. The breakfast bar connects the kitchen to the living area without walls.

⚡
Stainless Appliances

Full stainless kitchen suite including gas range, French door refrigerator, microwave, and dishwasher. Updated and move in ready. No appliance surprises after closing.

Location Intelligence

Your Commute. Your City. Your Time.

3min
Blue Line Light Rail StationWalk from your front door
12 15min
Target HQ / Downtown EmployersVia Blue Line no parking needed
15min
MSP International AirportDirect Blue Line no rideshare, no parking fees
<10min
Downtown Minneapolis by CarOff-peak. Free heated parking at home.
0.5mi
Cub Foods + Target StoreGrocery and retail within walking distance
2blks
Midtown Greenway Bike TrailBike Score 99/100 connect to the entire city
Steps
YWCA Midtown FitnessDirectly across the street no gym membership needed
20min
Mall of America500+ stores via Blue Line direct. No driving, no parking.
Know Before You Offer

Answers to Every Serious Question

The first listing was under a tight corporate relocation timeline priced to force a fast sale. The move was called off before any offer was accepted and the unit was pulled. Now the sellers are moving on their own terms at $239,900, which is the realistic market value for 1,098 sq ft, top floor, with heated parking, in-unit laundry, and skyline views. You are not paying a premium. You are paying what it is actually worth.
Units 201, 210, and 301 sold at lower prices because they are smaller, on lower floors, and some had condition issues. Most are around 820 square feet or less. Unit 407 is 1,098 sq ft on the top floor with a larger balcony and no one above you. Different product, different price and still the lowest price per square foot on the current comparable market at $218/sqft.
The HOA is $446/month and covers building insurance, exterior maintenance, elevator, heated underground parking, fire sprinklers, snow removal, water, sewer, garbage, and professional management. The reserve study is available. At $446, you are paying less than most comparable buildings charge while getting more coverage than most.
Tours are by appointment only, Sundays from 8:00 AM to 9:40 AM. Each party gets a 20-minute window. Preapproval letter or proof of funds is required before your tour is confirmed. This keeps the process professional and ensures every showing is with a qualified buyer.
The seller priced this at $239,900 to sell, not to play games. There is no Sellers Agent commission built into the price, which means the list price is already leaner than comparable represented sales. A well structured offer at or near asking with clean terms and solid financing gets a fast, serious response. Offers with excessive contingencies or lowball positioning will not be prioritized.
Yes. The HOA has no rental cap, so you can rent immediately after purchase. Downtown Minneapolis 2BR rentals run $1,800 $2,400/month in comparable buildings. At a $239,900 acquisition cost, the gross yield is meaningfully above what most Minneapolis condo investments offer at the $400,000 $450,000 price point.
Active during the day very walkable, retail, dining, and the YWCA. Quieter at night. The building itself is controlled-access with underground parking, so you drive in and take an elevator to your floor. The Cedar Avenue Reconstruction Project launches 2026-2027 and East Phillips Park is receiving multi-million dollar city investment. You are buying before the appreciation curve, not after.
The seller is flexible on 30 45 days and open to aligning with your lease end, job start, or financing timeline. A smooth process matters more than a rigid calendar. Bring your preapproval, clear terms, and minimal contingencies and the close can be structured around what works for your situation.
Yes, pets are welcome here. Cats and most size dogs are accommodated comfortably, with the exception of unusually large breeds. If you have a four legged companion, this is a building where they will feel right at home.
This is a For Sale By Owner listing with no listing agent. Buyer agent compensation is negotiable in the range of 2% to 2.5% of the sale price, which works out to $4,800 to $6,000 at the current list price. Structure options include seller concession at closing, flat fee arrangement, or other negotiated terms. Contact listing@2929unit407.com or call (888) 400-2513 to confirm your fee structure before scheduling a showing. Most agents lock this in with a single conversation.
The seller works directly with a real estate attorney and title company. Your buyer submits an offer with standard Minnesota purchase agreement terms. The seller responds within 48 hours. A title company handles escrow, title search, and closing coordination. The process is streamlined because there is one fewer party in the chain. Typical close timeline is 21 to 30 days from accepted offer. The seller is flexible on close dates to accommodate relocation timelines, lease endings, or financing windows.
To make an offer, you will first need to provide your preapproval letter or proof of funds before any tour is scheduled. This keeps the process professional and ensures every showing is with a qualified buyer.

Tours are available on Sunday mornings only. The first tour begins at exactly 8:00 AM and the last is scheduled at 9:40 AM. Each party receives a 20 minute viewing window with no exceptions.

For buyers not putting 20 percent down, a deposit is required to demonstrate commitment. If your offer is accepted, the deposit is applied toward closing. If your offer is not accepted, your deposit is returned in full. Deposits are made via cashiers check, with the payee to be confirmed at time of offer.

Cash does not mean a lower price. A cash offer is valued for its speed and simplicity, not as leverage for a discount. The list price reflects the market value of this unit regardless of how it is financed.

Once your offer is submitted with price, terms, and contingencies, the seller responds promptly. Offers with clean financing, realistic timelines, and minimal contingencies receive priority consideration.

To get started, have your preapproval letter or proof of funds ready, submit your showing request on this page, and come prepared to move decisively on a well priced, move in ready home.
For HR and Relocation Teams

Relocating a Hire to Minneapolis?

Corporate housing in Minneapolis runs $4,000 to $6,000 per month. A 2-bedroom rental averages $1,900 to $2,100 with no equity. Unit 407 offers ownership at $1,807 per month all-in, with equity building from day one and no rental restrictions if your hire eventually relocates again.

12-15 min
Downtown commute via Blue Line
30 days
Close to keys, no chain
$0 rental cap
No restrictions if hire moves again

Major employers within commute range: Target HQ, US Bancorp, Ameriprise, UnitedHealth Group, General Mills, Medtronic, Ecolab, and Allina Health. Forward this listing to your relocating hire or contact the seller directly.

Schedule a Tour for Your Hire
Status: Available and accepting showings
Sunday slots fill by Wednesday. Pre-approval required.
Listing updated
Schedule a Tour

Sunday Showings
By Appointment Only

Tours available Sunday mornings, 8:00 AM to 9:40 AM only. Each party receives a 20-minute window.
Preapproval letter or proof of funds required before your tour slot is confirmed.
No walk ins. No broker previews. Qualified buyers only. This keeps the process professional for every serious buyer.
Cash does not mean a lower price. Clean terms and a realistic timeline get priority.

Document Submission Required

After submitting this form, you must email your pre-approval letter or proof of funds to Listing@2929unit407.com. Your showing slot will not be confirmed until your documents have been received and reviewed.

No documents = no confirmed showing.

By submitting, you confirm you understand the Sunday-only policy and that your showing is not confirmed until documents are received and reviewed. Your information is used solely to schedule your showing.

Request Received.
Thank you for your interest in Corridor Flats Unit 407. We will review your submission and confirm your Sunday showing slot within 24 hours. Please ensure your preapproval letter or proof of funds is included with your request.

Property Overview

Everything You Need to Know

About This Property

Corridor Flats Unit 407 is a top floor 2 bedroom 1 bathroom condominium at 2929 21st Avenue South, Minneapolis MN 55407. At 1,098 square feet on the fourth and top floor, the unit offers elevated privacy, natural light, and no upstairs neighbors. Listed at $239,900, this is $218 per square foot. There are no rental restrictions, making it a strong option for both owner occupants and investors.

Commute and Location

The Blue Line light rail is a 3 minute walk from the building. Target Corporation headquarters, US Bancorp Tower, Ameriprise Financial, and Xcel Energy are all reachable in 12 to 15 minutes by rail. Minneapolis Saint Paul International Airport is 15 minutes with no transfers. Cub Foods and Target retail are within half a mile. The Midtown Greenway is 2 blocks away.

Value Compared to the Market

At $218 per square foot, Unit 407 is priced well below comparable Minneapolis condos. Portland Tower units are listed near $412,500. 730 Lofts near $425,000. Bridgewater near $455,000. Over 5 years, a buyer purchasing Unit 407 saves between $88,000 and $96,000 compared to those alternatives while getting more square footage on the top floor.

Amenities Included

Heated underground parking, in-unit washer and dryer, private balcony, stainless steel appliances, double vanity bathroom, smart building access, and endless sunsets.

The Neighborhood

Located in the Bancroft neighborhood of South Minneapolis with walkable access to retail, dining, and fitness. The YWCA is directly across the street. East Phillips Park has received significant recent public investment. Cedar Avenue is undergoing a reconstruction project through 2026 and 2027 improving pedestrian infrastructure. Controlled smart building access provides an added layer of security.

How to Purchase

This property is sold directly by the owner. A preapproval letter or proof of funds is required before any showing is confirmed. Showings are Sunday mornings only in 20 minute windows from 8:00 AM to 9:40 AM. Submit your request through this site and the seller responds within 24 hours. Offers with clean financing and minimal contingencies receive priority.

Last Updated: March 2026  |  2929unit407.com  |  Minneapolis, MN 55407