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Updated 42 minutes ago

4745 Minnehaha Avenue, Unit 103


Minneapolis, MN

2 Bed
2 Bath

1,077 Sq. Ft.

Available starting Aug. 15th
2 Beds • 2 Bath
$2,500
1077 ft2
1 Available
Managed By: avail
NEW LUXURY CONDOMINIUM AT MINNEHAHA FALLS 2023 Built
$2,500
Available Aug 15th, 2024
View
3 Beds • 3 Bath
$3,917
1380 ft2
0 Available
Managed By: RP Management, Inc. CRMC
New construction end unit ground level 2+bdrm 3bath condo
$3,917
Rented
View
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
79
Very Walkable
Transit Score®
56
Good Transit
Bike Score®
89
Very Bikeable
Amenities
Air Conditioning
Storage
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit: $2,500.00
Property details
Description

NEW LUXURY CONDOMINIUM AT MINNEHAHA FALLS 2023 Built

Available in mid-August 2024 with an 18-month lease. Rent is $2500 per month.

Right by the Mississippi River and across from Minnehaha Falls, Portico Falls Condo is a brand-new property right next to Minnehaha Falls. Nobody has lived in this unit. It is an upgraded unit with hardwood floors throughout the living room and kitchen. Two bedrooms have large walk-in closets, and two full baths have one deep soaking tub. A brand-new In-unit stackable washer and dryer are also included.

This location is close to everything within walking distance of stores and restaurants. 8-minute drive (4.3 miles) to MSP International Airport Terminal 1. Downtown Minneapolis is 18 min (7 miles), and downtown St. Paul is 18 min (7.7 miles). The bike trail across the street leads to Bde Maka Ska Lake (6.1 miles -33 min on the bike) and Lake Harriett (6.4 miles - 34 min on the bike).

You will have one assigned parking space in the underground heated garage and the option to build a storage cage on the wall. You also have access to an ample patio space that leads to the street parking, where you can park another car. The street noise is minimal because the building was built using high-end materials.

This is a 24-unit property, so you won't see many activities or hear noises. There are security cameras throughout the building, and you'll get a key fob to enter the building and use electronic keypads to enter the unit. There is also plenty of sunlight throughout the day, which keeps the whole unit warm in the winter.

Walking distance from parks and recreation, many walking and bike trails, and drive along the river to downtown Minneapolis. Lake Nokomis is only 1.9 miles or 7 min drive.

The security deposit is the same as the first month's rent.

The unit is on the ground level but elevated from the entry door area. The elevator is close to both the parking space and the unit.

Property Website: Google Portico Falls

Portico's popular west-facing walk-out unit allows you to enjoy all of the afternoon sun year-round. The condo is a well-planned 1 077 SF unit with 9-foot ceilings, a 14 x 6 private patio, large west-facing windows, two bedrooms with ensuite bathrooms, and walk-in closets. Portico at the Falls is a new 24-unit luxury condominium building located at the gateway to the legendary Minnehaha Falls and Regional Park area. The condo is only steps away from neighborhood shopping and boutiques, miles of trails, and 7 minutes from the light rail system. Portico features hardwood floors, high-quality kitchen cabinets, appliances, countertops, fixtures, and tile work.

Call me at 651-998-9055 to schedule a showing.

Additional Details
Total Unit Count: 1
Last Updated: Updated 42 minutes ago
Contact Number: (651) 998-9055
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
US Internet Corp. 10000.0 10000.0
Comcast Corporation 987.0 35.0
CenturyLink, Inc. 940.0 940.0
ViaSat, Inc. 100.0 3.0
Nextera Holdings, LLC 50.0 50.0
Data from June 2020 provided by the FCC
Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 4745 Minnehaha Avenue, Unit 103 by bedroom type below.
2 Bedroom
Suggested income:
$90,000
per year
Rent report

4745 Minnehaha Avenue, Unit 103 Rent vs. Minneapolis Average

 4745 Minnehaha Avenue, Unit 103      Minneapolis Average
2BR
$2,500
$2,052
$0
$850
$1,700
$2,550
$3,400

4745 Minnehaha Avenue, Unit 103 is asking 22% more than the average 2 bedroom apartment in Minneapolis.

If you upsized to an average priced Minneapolis 3 bedroom apartment, you would pay 7% more per month.

If you downsized to an average priced Minneapolis 1 bedroom apartment, you would pay 52% less per month.

4745 Minnehaha Avenue, Unit 103 provides 5% more square footage than the average Minneapolis 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
4745 Minnehaha Avenue, Unit 103
2BR $2,500 $2.30 $7,500
Minneapolis Average
Studio $1,135 $2.50 $3,404
1BR $1,351 $2.10 $4,052
2BR $2,052 $2.00 $6,155
3BR $2,198 $1.70 $6,595
4BR $2,601 $1.60 $7,803

Availability in Minneapolis

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 1,975 1BR units on the market in Minneapolis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
18% 46% 27% 6% 3%
Available Units in Minneapolis
Studio 772
1BR 1,975
2BR 1,135
3BR 255
4BR 110
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Shri NER S Hospital For Children 2.86 mi.
Abbott Northwestern Hospital 3.47 mi.
Childrens Hosp & Clinics Minne 3.62 mi.
Nearby Fire Stations
Name Distance
Metropolitan Airports Commission 0.47 mi.
Randolph Volunteer Fire Department 2.07 mi.
City Of Windom Volunteer Fire Department 3.98 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
There are no units with move-in dates in the next 2 months. The next unit is available for move-in on August 15, 2024.
What's the square footage of the available units?
It's 1,077 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
Where is this property located?
This property is at 4745 Minnehaha Avenue, Unit 103 in Minneapolis, MN. It's 5.3 miles southeast from the center of Minneapolis.
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