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150 Portland Ave Unit 500, Minneapolis, MN, 55401

4beds
3baths
5,579sqft
$3,200,000
$574price/sqft
$22,004/moest. monthly cost
$880,160/yrincome needed

About This Home

A truly once-in-a-lifetime opportunity to own one of the Twin Cities' most extraordinary residences. Nestled within the iconic Whitney Landmark, this historic luxury condominium offers more than 5,500 finished square feet of impeccable craftsmanship, timeless elegance, and architectural distinction. From the moment you enter, you'll be captivated by dramatic sightlines spanning every level, exquisite custom millwork, handcrafted iron railings, intricate moldings, designer lighting, and rich custom cabinetry that showcase an uncompromising attention to detail. Stunning marble Art Deco tile flooring—worthy of the pages of Architectural Digest—sets the tone for the sophisticated design found throughout the home. Designed with entertaining in mind, this remarkable residence offers expansive gathering spaces that seamlessly blend historic character with modern luxury. The showpiece of the home is one of the largest private rooftop terraces in Minneapolis, featuring more than 4,000 finished square feet of outdoor living space with breathtaking 360-degree skyline views, sweeping river vistas, and unforgettable settings for everything from intimate evenings to spectacular celebrations. The luxurious primary suite serves as a private sanctuary, offering a spa-inspired bath and an atmosphere of comfort and refinement. A separate second-level guest suite provides exceptional privacy and accommodations for family and visitors. Perfectly situated in the heart of the Mill District, you'll enjoy an unparalleled walkable lifestyle just steps from the Guthrie Theater, Mill City Farmers Market, and Gold Medal Park, along with the city's finest dining, riverfront trails, and cultural attractions. This is far more than a condominium—it's a landmark residence offering an unrivaled combination of history, luxury, craftsmanship, and location. Without question, one of the finest and most distinctive homes in the Twin Cities.

Getting Around

91
WalkingWalker's Paradise
86
TransitExcellent Transit
93
BikeBiker's Paradise

Schools

2/10
Webster ElementaryGrades PK-51.0 mi
2/10
Northeast Middle SchoolGrades 6-83.1 mi
4/10
Edison Senior High SchoolGrades 9-122.1 mi

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Age 8 Years or Less,Flat

Type & Style

  • Home type: Condo
  • Property subType: (CC) High Rise (4+ Levels)

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Exhaust Fan,Range,Refrigerator,Wall Oven,Washer

Basement

  • Basement: None

Bedroom

  • Level: Main
  • Area: 285
  • Dimensions: 19x15

Bedroom2

  • Level: Main
  • Area: 182
  • Dimensions: 14x13

Bedroom3

  • Level: Main
  • Area: 168
  • Dimensions: 14x12

Bedroom4

  • Level: Upper
  • Area: 440
  • Dimensions: 20x22

Bedrooms & Bathrooms

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

Deck

  • Level: Upper
  • Area: 3900
  • Dimensions: 60x65

Dining Room

  • Level: Main
  • Area: 286
  • Dimensions: 26x11

Family Room

  • Level: Main
  • Area: 403
  • Dimensions: 31x13

Features

  • Number of fireplaces: 1
  • Fireplace features: Gas,Living Room
  • Finished area below ground: 0
  • Finished area above ground: 5,579

Heating & Cooling

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

Interior Area

  • Total structure area: 5,579
  • Total interior livable area: 5,579 sqft

Kitchen

  • Level: Main
  • Area: 312
  • Dimensions: 26x12

Living Room

  • Level: Main
  • Area: 988
  • Dimensions: 26x38

Property

Accessibility

  • Accessibility features: Accessible Elevator Installed

Details

  • Parcel number: 2302924340695
  • Attached to another structure: Yes
  • Zoning description: Residential-Single Family
  • Foundation area: 5179

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size dimensions: 0

Parking

  • Total spaces: 4
  • Parking features: Assigned,Garage Door Opener,Heated Garage,Multiple Garages,Secured,Underground
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • Has uncovered spaces: Yes

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

  • Hail
    HailVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Tornado
Cold Wave
Strong Wind
Heat Wave
Inland Flooding
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 $16,180$194,160
Home Insurance *$670$8,040
Property Taxes $4,684$56,208
Electricity $470$5,646
Total$22,004$264,048
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$754,422/yr
40% on housing$660,120/yr
45% on housing$586,773/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

$574This listing

vs Other Active Listings

Avg $/sqft

ZIP 55401$293
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
2026-07-09Listed for sale$3,200,000
2023-12-15Listing removed--
2023-08-24Listed for sale$2,995,000
2022-06-02Listing removed--
2022-01-03Listed for sale$3,500,000
2021-12-18Listing removed--
2021-07-23Price change$3,875,000
2021-06-19Listed for sale$4,150,000
2013-10-14Listing removed$2,495,000
2013-03-02Listed for sale$2,495,000
2009-09-11Sold$2,082,721

For Sale by Agent

AgentJay Ettinger
BrokerageEdina Realty, Inc.

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