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Updated 5 hours ago

Stone Arch II

VERIFIED

520 2Nd St SE Minneapolis, MN

Studio - 1 Bed
1 Bath

426 - 523 Sq. Ft.

Available Now
Studio • 1 Bath
$1,185
426 ft2
1 Available
Unit 213
$1,185
Available Now
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1 Bed • 1 Bath
$1,126
523 ft2
1 Available
Unit 314
$1,126
Available Feb 7th, 2025
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
85
Very Walkable
Transit Score®
69
Good Transit
Bike Score®
86
Very Bikeable
Amenities
On-site Laundry
Heat Included
Air Conditioning
Fitness Center
Refrigerator
Trash Removal Included
On Bus Line
Hardwood Floors
Water Included
Microwave
Elevator
Gated Entry
Package Receiving
Business Center
Dog Park
On-site Maintenance
Professional On-site Management
Sewer Included
Dishwasher
Balcony, Deck, Patio
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Other:

Pet fee for 2nd pet is $250. Breed Restrictions may apply, no aggressive breeds.

Pet Fee: $500.00
Number Limit:

2 pets maximum

Breed Restrictions:

Breed restrictions apply

Parking
Covered Parking
Surface Parking
Lease & Fees
Lease Length: 12 months
Application Fee:

$50

Security Deposit:

1 month's rent

Property details
Description

Stone Arch 2 is a stylish community of 91 affordable apartments in the highly sought after neighborhood of St. Anthony Main. Great river views and close proximity to Downtown and the U of M make the location one of the best in the Twin Cities. The project consists of a six story building with two levels of underground parking. The design compliments the evolving change of character that is occurring in the neighborhood. The building is slender and elegant in profile, yet muscular in presence, representing the industrial form of the area. Many green features and sustainable materials are incorporated into the design and construction. Stone Arch 2 participates in the Section 42 affordable rental program. Residents enjoy the best of all worlds: high quality construction, amazing amenities and affordable rents!!!

Additional Details
Total Unit Count: 91
Last Updated: Updated 5 hours ago
Contact Number: (612) 662-2039
Property manager information
Halverson and Blaiser Group, LTD
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Office Hours
Monday: 10:00 AM - 4:00 PM
Tuesday: 10:00 AM - 4:00 PM
Wednesday: 10:00 AM - 4:00 PM
Thursday: 10:00 AM - 4:00 PM
Friday: 10:00 AM - 12:00 PM
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Arvig Enterprises, Inc. 1000.0 1000.0
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
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Photos Floor Plans Amenities
About Stone Arch II
Stone Arch II is a stylish apartment community managed by Halverson and Blaiser Group, LTD. Located at 520 2nd St SE in Minneapolis, Minnesota, this property offers a range of floor-plan types including studios and 1-bedroom apartments. The units at Stone Arch II vary in size, with a minimum of 359 square feet and a maximum of 596 square feet.

Residents of Stone Arch II can enjoy a variety of amenities, including air conditioning, covered parking, a balcony, deck, or patio, a fitness center, and a dishwasher. The property is also conveniently located on a bus line, making it easy to explore the surrounding area. Stone Arch II is both dog-friendly and cat-friendly, making it a great option for pet owners. On-site laundry facilities are available for added convenience, and each unit is equipped with a refrigerator.

Stone Arch II is situated near several colleges, including Walden University and the University of Minnesota - Twin Cities. It is also located in close proximity to popular neighborhoods such as Marcy-Holmes, Downtown East, and Dinkytown.

The design of Stone Arch II reflects the evolving character of the neighborhood, with a slender and elegant profile that pays homage to the industrial form of the area. The building incorporates many green features and sustainable materials, making it an environmentally-conscious choice. Stone Arch II participates in the Section 42 affordable rental program, offering high-quality construction, exceptional amenities, and affordable rents.

Please note that quantities are limited, restrictions apply, and income compliance is required. Stone Arch II is part of the Twin Cities Affordable Housing family, TCAH. Don't miss your chance to be part of this thriving community!
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 Stone Arch II by bedroom type below.
Studio
Suggested income:
$42,700
per year
1 Bedroom
Suggested income:
$40,500
per year
Rent report

Stone Arch II Rent vs. Minneapolis Average

 Stone Arch II      Minneapolis Average
Studio
$1,185
$1,123
$0
$400
$800
$1,200
$1,600
1BR
$1,126
$1,379
$0
$450
$900
$1,350
$1,800

Stone Arch II is asking 6% more than the average studio apartment in Minneapolis.

If you upsized to an average priced Minneapolis 1 bedroom apartment, you would pay 19% more per month.

Stone Arch II provides 7% less square footage than the average Minneapolis studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Stone Arch II
Studio $1,185 $2.80 $3,555
1BR $1,126 $2.20 $3,378
Minneapolis Average
Studio $1,123 $2.50 $3,368
1BR $1,379 $2.10 $4,136
2BR $2,089 $2.00 $6,267
3BR $2,189 $1.70 $6,566
4BR $2,336 $1.70 $7,008

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 1,841 1BR units on the market in Minneapolis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
17% 45% 26% 6% 4%
Available Units in Minneapolis
Studio 681
1BR 1,841
2BR 1,067
3BR 260
4BR 147
Location
Nearby Colleges
Campus Buildings and Attractions
Distance Walking Biking Driving
Educational Sciences Building 0.8 mi 16 min 6 min 2 min
Northrop Auditorium 1.0 mi 19 min 7 min 2 min
Recreation and Wellness Center 1.2 mi 23 min 8 min 3 min
Carlson School of Management 1.3 mi 26 min 9 min 3 min
Coffman Memorial Union 1.4 mi 31 min 17 min 4 min
Nearby Hospitals
Name Distance
Hennepin County Medical CTR 0.98 mi.
University Of Minnesota Medical Center Fairview East Bank Er 1.11 mi.
University Of Minnesota Medical Center East 1.12 mi.
Nearby Fire Stations
Name Distance
Glenwood Fire Department 1.9 mi.
Minneapolis Fire Department 2.03 mi.
Metropolitan Airports Commission 2.03 mi.
FAQs
Is this property currently leasing units?
Yes. There are 2 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
The available units range from 426 to 523 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are studio units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Stone Arch II has a studio unit starting at $1,185.
Where is this property located?
This property is at 520 2Nd St SE in Minneapolis, MN. It's 0.9 miles east from the center of Minneapolis.
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