Updated 5+ Days Ago
Highlights
- Community room
- Gourmet kitchen
- Private terraces
- Historic boutique building
- Entertaining area
- Award-winning team
Location
700 S 2nd St #W31, Minneapolis, MN 55401, USA|Downtown East
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Property Overview
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Middle school nearby
- Images available
Great for
Social life
Eco living
Wellness
Amenities for 700 S 2nd St #W31, Downtown East
Features
| Baseboard | Central Air |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Laundry Room | Onsite Laundry |
Grounds
| Garage Parking | Storage |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
About 700 S 2nd St #W31
Property Status: Active Within the historic Washburn Lofts, this spectacular third-floor residence, completely reimagined by the award-winning team of MSR Design and Branson Builders, stands as one of downtown Minneapolis's most extraordinary homes. Dramatic storefront windows and two private terraces frame sweeping riverfront views of the iconic Stone Arch Bridge, the historic ruins of the Washburn A Mill, and the Mississippi River. Inside this historic home you'll find a gourmet kitchen that mirrors the loft's architectural stone walls, complete with a butler's pantry and an entertaining area with a dedicated wet bar. The primary suite feels like a five-star retreat with a custom built dressing room, steam shower, heated bathroom floors, and a private office. Three parking stalls and two storage rooms are included. Ideally positioned within walking distance of riverfront trails, the Guthrie Theater, and the city's finest dining, this is a rare opportunity to own an important - and impeccably crafted - piece of Minneapolis history. Washburn Lofts is a historic boutique building in the highly desirable riverfront neighborhood of the Mill District in downtown Minneapolis. The building offers such features as a live-in caretaker, guest parking, a shared river view patio and a community room. Don't miss the opportunity to live at one of the city's most elevated addresses in this walkable neighborhood steps from coffee shops, restaurants, riverfront parks, theater, museums and so much more. Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 700 S 2nd St #W31 compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 3055 sqft larger than other listings nearby
- Middle school nearby
- There is a middle school 0.4 miles away
- Images available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building
Considerations
- Priced higher than average
- Some 2-bedrooms here are $9900 more than the median rent in this area
- Greater distance from high schools
- The nearest high school is farther than 1.0 miles away
- Distance from grocery stores
- The nearest grocery store is 4.6 miles away
Address details
| Neighborhood | Downtown East |
|---|---|
| Zip code | 55401 |
| Type | Condo for rent |
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Rent trends in Downtown East
2-bedroom apartments at 700 S 2nd St #W31 cost about 359% more than the average rent price for 2-bedroom apartments in Minneapolis.
Median rents as of Oct 17 2026.
Downtown East
Minneapolis
| Month | Median Rent |
|---|---|
| November 2024 | $1,780 |
| December 2024 | $1,800 |
| January 2025 | $1,784 |
| February 2025 | $1,759 |
| March 2025 | $1,726 |
| April 2025 | $1,694 |
| May 2025 | $1,690 |
| June 2025 | $1,678 |
| July 2025 | $1,676 |
| August 2025 | $1,722 |
| September 2025 | $1,719 |
| October 2025 | $1,733 |
| November 2025 | $1,729 |
| December 2025 | $1,693 |
| January 2026 | $1,723 |
| February 2026 | $1,757 |
| March 2026 | $1,751 |
| April 2026 | $1,781 |
| May 2026 | $1,748 |
| June 2026 | $1,750 |
| July 2026 | $1,746 |
| August 2026 | $1,758 |
| September 2026 | $1,791 |
| October 2026 | $1,818 |
| Month | Median Rent |
|---|---|
| November 2024 | $3,585 |
| December 2024 | $3,649 |
| January 2025 | $3,599 |
| February 2025 | $3,453 |
| March 2025 | $3,217 |
| April 2025 | $3,045 |
| May 2025 | $3,165 |
| June 2025 | $3,178 |
| July 2025 | $3,345 |
| August 2025 | $3,595 |
| September 2025 | $3,523 |
| October 2025 | $3,333 |
| November 2025 | $2,726 |
| December 2025 | $2,536 |
| January 2026 | $2,639 |
| February 2026 | $2,821 |
| March 2026 | $3,047 |
| April 2026 | $2,777 |
| May 2026 | $3,042 |
| June 2026 | $2,862 |
| July 2026 | $2,820 |
| August 2026 | $2,720 |
| September 2026 | $2,756 |
| October 2026 | $2,798 |
Affordability calculator
Can I afford to live at 700 S 2nd St #W31?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$520,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $520,000 annually to afford this 2-bedrooms monthly rent price of $13,000.
For more information on rent affordability, visit our rent calculator.
Schools near 700 S 2nd St #W31
Justice Alan Page Elementary School
999 nofound st
nofoundcity, MN, 88888
PK, K-5Public
Webster Elementary School
425 5th st ne
minneapolis, MN, 55413
PK, K-5Public
C+
MPS Metro HA
932 e. 34th st.
minneapolis, MN, 55407
K-12Public
River Bend Educational Center
1510 glenwood ave s
minneapolis, MN, 55405
K-12Public
MPS Online K-5
1250 west broadway ave
minneapolis, MN, 55411
K-5Public
C+
Getting around Minneapolis near 700 S 2nd St #W31
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
6/10
This area is close to freeways and has adequate parking options.
Cycling
9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
8/10
Popular public transit options are just a short walk from this location.
Points of interest for 700 S 2nd St #W31, Minneapolis
Groceries
9/10
Exceptional variety of groceries within a few minutes' walk
Shopping
8/10
Wide variety of shops within a few minutes' walk
Cafes
10/10
Exceptional variety of cafés within a few minutes’ walk
Restaurants
9/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
3/10
At least one elementary school within a 30-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
10/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
10/10
Exceptional variety of bars right within a few minutes’ walk
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