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918 N 3rd St Unit 201, Minneapolis, MN, 55401

2beds
2baths
1,500sqft
$474,900
$317price/sqft
$3,105/moest. monthly cost
$124,200/yrincome needed

About This Home

This is exactly what North Loop loft living should feel like. Step inside this standout home at the 918 Lofts and you immediately get it. That perfect mix of historic warehouse soul and thoughtful modern updates. Nearly 1500 square feet of wide-open living with soaring ceilings, massive windows, and those original industrial details that give it real character. This is true loft living, the kind that makes every day feel elevated. You are in the absolute heart of the North Loop. Walk out your door and you are surrounded by the energy. The breweries, the restaurants, the galleries, the river path, all of it. This 1923 warehouse conversion still delivers that rare, authentic vibe while giving you everything you actually need today. The open layout is made for how you really live. Plenty of space for a huge dining table, deep couches, artwork, and flexible areas that adapt to whatever your life looks like. The kitchen is built for real cooking and even better conversations. Generous bedrooms give you privacy; the bathrooms feel fresh and clean, and the storage actually works. A big win in loft life. One of my favorite features is the improved patio, now perfectly set up for your morning coffee, evening cocktails, or just unwinding with the city humming around you. And the parking is next level. One secure indoor spot plus two outdoor stalls. In the North Loop, that kind of setup is pure gold. Units like this in the building have been moving fast. Recent sales prove buyers are hungry for these larger, true loft layouts with real personality and practical perks. They get it. This is the lifestyle everyone wants right now. If you are ready for authentic urban living with serious upside, this is your moment. These opportunities in the North Loop do not stick around long.

Getting Around

82
WalkingVery Walkable
74
TransitExcellent Transit
96
BikeBiker's Paradise

Schools

2/10
Webster ElementaryGrades PK-51.3 mi
2/10
Northeast Middle SchoolGrades 6-83.2 mi
4/10
Edison Senior High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 1923

Type & Style

  • Home type: Condo
  • Property subType: (CC) Low Rise (3- Levels)

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: None

Bedroom

  • Level: Main
  • Area: 21279
  • Dimensions: 17"3' x 12"3'

Bedroom2

  • Level: Main
  • Area: 129408
  • Dimensions: 12"8' x 10"11'

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,500

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,500
  • Total interior livable area: 1,500 sqft

Kitchen

  • Level: Main
  • Area: 17871
  • Dimensions: 16"1' x 11"1'

Living Room

  • Area: 353970
  • Dimensions: 27"0' x 13"11'

Property

Accessibility

  • Accessibility features: Accessible Elevator Installed

Details

  • Parcel number: 2202924210358
  • Attached to another structure: Yes
  • Zoning description: Residential-Single Family
  • Foundation area: 1500

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size dimensions: 0

Parking

  • Total spaces: 1
  • Parking features: Assigned,Covered,Heated Garage,Secured,Underground
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Tornado
Heat Wave
Strong Wind
Winter Weather

FEMA Declared Disasters in Hennepin County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,401$28,812
Home Insurance *$99$1,188
Property Taxes $435$5,220
Electricity $170$2,050
Total$3,105$37,260
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$106,457/yr
40% on housing$93,150/yr
45% on housing$82,800/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$317This listing

vs Other Active Listings

Avg $/sqft

ZIP 55401$306
Hennepin County$211

vs Homes Sold Last Month

Median $/sqft

ZIP 55401$397
Hennepin County$207

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-27Price change$474,900
2026-06-04Listed for sale$484,900
2018-09-14Sold$425,000
2015-09-04Sold$350,000

For Sale by Agent

AgentDevon W White
BrokerageDRG

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