A 2 bedroom on the top floor, built for your next chapter and your next decade of equity.
2929 21st Avenue South • Top Floor • Minneapolis, MN 55407
If you are paying around $4,200 in Manhattan, $5,800 in San Francisco, $5,500 in Brickell, or $4,400 in South Lake Union for a luxury 2 bedroom apartment, the monthly numbers in Minneapolis are worth a look.
Unit 407 is the same square footage as a luxury 2 bedroom in those cities. Top floor. Heated underground parking included. Full size LG washer and dryer in unit. Private balcony with treetop views. All in monthly ownership runs around $1,807 to $1,934. The dollars that were going to rent start building equity instead.
You also trade hurricane season prep, desert summers, and rising coastal insurance rates for four real seasons in a stable Great Lakes city with the lowest price per square foot in the comparable Minneapolis class.
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2929 21st Ave S, Unit 407 — Listing Flyer
2 Bed | 1 Bath | 1,098 Sq Ft | $239,900
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Buyers relocating to Minneapolis are arriving from the same nine cities again and again. Pick yours. The numbers below are typical luxury 2 bedroom 1,100 square foot rents in walkable urban cores. Unit 407 offers the same footprint, on the top floor, with heated underground parking and in unit laundry, for an all in monthly cost of $1,807 to $1,934.
SoMa, Mission Bay, Hayes Valley. About $69K a year to rent a 1,100 square foot 2 bedroom. Unit 407 offers the same footprint on the top floor, with equity building each year you own.
Five year comparison: about $240K kept versus continued renting.
Midtown, Williamsburg, Hudson Yards adjacent. About $78K a year. Unit 407 puts you in ownership for under $1,950/mo total. Top floor and parking included.
Five year comparison: about $280K kept versus continued renting.
Seaport, Back Bay, Fenway luxury 2 bedrooms run about $62K a year. Same footprint in Minneapolis at roughly one third the monthly carry, with heated underground parking that often costs $400/mo extra in Boston.
Five year comparison: about $200K kept versus continued renting.
South Lake Union, Belltown, Capitol Hill. About $52K a year. The Twin Cities offers a comparable urban commute corridor with Blue Line light rail, four real seasons, and ownership for less than half a typical Seattle 2 bedroom rent.
Five year comparison: about $155K kept versus continued renting.
Brickell, Edgewater, Wynwood. About $66K a year, plus annual hurricane season prep and the rising home insurance environment that has shaped Florida real estate decisions in recent years. Minneapolis offers stable Great Lakes weather and ownership at $1,807 all in.
Five year comparison: about $215K kept, plus stable insurance market.
River North, West Loop, Streeterville luxury runs about $50K a year. Minneapolis offers a similar Midwest character at smaller scale and lower property taxes, and Unit 407 lands you in ownership at under half a typical Chicago carry.
Five year comparison: about $140K kept versus continued renting.
LoDo, RiNo, Cherry Creek. About $45K a year. If you came to Denver for the seasons and the outdoor lifestyle, Minneapolis offers both at lower altitude, with Great Lakes water security and a true four season swing.
Five year comparison: about $120K kept versus continued renting.
Downtown, Rainey, East Austin. About $43K a year. Texas summers run hot and Texas property tax structure surprises a lot of newcomers. Minneapolis offers cool nights, real autumns, and a Twin Cities tax structure that is often easier to plan around.
Five year comparison: about $110K kept, plus four real seasons.
Old Town Scottsdale, Downtown Phoenix luxury runs about $41K a year and the desert summer is long. If you have been thinking about real four seasons, Unit 407 offers ownership at roughly one third the monthly carry, in a city that builds for and around the change in seasons.
Five year comparison: about $95K kept, plus four real seasons.
Every feature in Unit 407 was chosen to make daily life calmer, quieter, and more flexible than the rented version of the same lifestyle.
Zero upstairs neighbors. No footsteps overhead. The kind of deep, quiet sleep that luxury renters often pay a premium for and rarely get.
Underground. Heated. Secure. No ice scraping. No frozen door handles. In many Minneapolis buildings this is an extra $200 to $400 a month. Here it is part of the price.
The second bedroom is 10'10" by 15'6". Large enough for a queen bed and a desk, or a full executive home office, or a roommate at $900 to $1,100 a month. Your call. The room flexes with the chapter you are in.
Treetop views, evening light, and city skyline glow at sunset. Private and quiet. The kind of daily ritual that luxury rentals often charge another $400 a month to deliver.
Not in the basement, not down the hall, not coin operated. Full size LG washer and dryer, in unit, on demand, every day. A small daily upgrade that adds up over time.
Stainless steel appliances. Gas range. French door fridge. Breakfast bar that flows into the open living and dining space. Cook a real dinner, host four people, set up a Sunday morning breakfast.
Secure entry at the street. Secure entry at the garage. Smart access control to admit a friend or a delivery from anywhere. The kind of building level peace of mind that lets you settle in.
Most Minneapolis condo buildings cap rentals. This one does not. Live in it. Rent it. Bring on a roommate. Move on in three years and keep it as a cash flow asset. The path forward stays yours, with no board votes required.
No hurricane season prep. No prolonged 110ยฐF heat domes. No drought rationing. No wildfire smoke season. Just four real seasons in a stable Great Lakes city, sitting next to the largest freshwater system in North America.
Crisp air, the Mississippi corridor turning gold and red, sweater weather you actually look forward to, sunset light pouring through the west facing windows of Unit 407 by 5:30 PM.
Cozy, manageable, beautiful. Heated underground parking means you start your car warm. Skyway connected downtown is 7 minutes by Blue Line. Skiing, skating, ice fishing, holiday markets, winter as a feature.
The whole city wakes up. Patios open. The Greenway fills with bikes. Bde Maka Ska and Lake Harriet are 15 minutes by car. The balcony becomes the second living room every weekend by April.
Highs in the upper 70s and low 80s most days. 10,000 lakes within driving distance. Long evenings, central air when you need it, and a city that lives outdoors. Concerts, festivals, river beaches.
"You stop dreading the calendar. You start anticipating it."
At $218 per square foot, this is the lowest price per sqft among all comparable Minneapolis condos currently on the market. Run the full ownership math and the case becomes undeniable.
Adjust down payment and rate to see your real monthly cost. Then compare it to what you are paying in rent right now.
Zero rental restrictions, top floor unit on a Blue Line corridor, and a price per foot at the low end of the comparable Minneapolis condo class. Look at the path that fits your life.
Live in the primary bedroom. Bring on a roommate in the 10'10" by 15'6" second bedroom at $900 to $1,100 a month. Your share of the carry drops to under $1,000 a month, you build equity, and the IRS treats your roommate's rent favorably under the personal residence rules.
Five years in: about $15K of equity built, plus $54K to $66K of roommate income, plus a top floor home you own.
Zero rental restrictions in the building. Rent it as a 2 bedroom at market, or rent the bedrooms separately. Top floor units in this corridor with heated underground parking tend to lease quickly, and Unit 407 enters at the low end of the comparable class price per foot.
No chain, 30 day close possible.
Many relocation packages cover $4,000 to $6,000 a month for corporate temporary housing. If your package allows it, that same housing budget can often be applied to closing costs or the first year of payments here, and the dollars build equity from day one instead.
Major Twin Cities employers reachable by Blue Line via downtown Minneapolis (7 minutes from this address): Target, US Bancorp, Ameriprise, Allina, Optum, Cargill, 3M, Medtronic.
4th floor means no neighbors above you. West facing views over trees with protected sightlines. The land across the street cannot be developed your view is permanent.
Drive in underground, take the elevator to your floor. Minneapolis winters handled. Downtown condo owners pay $180 $350/month extra for this. Yours is included.
The secondary bedroom at 10'10" x 15'6" is one of the largest in this building. Currently set up as a dual monitor home office. Corporate hybrid workers, this is your room.
Full size stacked washer and dryer inside the unit. Not a shared laundry room. Not coin operated. Yours, on your schedule, on your floor.
Integrated mobile app controls all entry points main doors, garage, package room, elevators. Video intercom for guests. SOC 2 Type II compliant infrastructure.
The HOA has no cap on rentals. Rent immediately after purchase if needed. Downtown 2BR rentals run $1,800 $2,400/month this unit is a genuine income asset.
Top floor balcony with tree canopy views and city light. Deer visit the greenspace across the street. You earn this view by being on the top floor.
1,098 sq ft laid out with a true open plan kitchen, dining, and living flow together. The breakfast bar connects the kitchen to the living area without walls.
Full stainless kitchen suite including gas range, French door refrigerator, microwave, and dishwasher. Updated and move in ready. No appliance surprises after closing.
Six moments through the calendar, with the same square footage made yours.
All photos are of the actual unit. The seasonal captions show what year round ownership at Unit 407 looks like, not staged stock imagery.
Corporate housing in Minneapolis runs $4,000 to $6,000 per month. A 2 bedroom rental averages $1,900 to $2,100 with no equity. Unit 407 offers ownership at $1,807 per month all in, with equity building from day one and no rental restrictions if your hire eventually relocates again.
Major employers within commute range: Target HQ, US Bancorp, Ameriprise, UnitedHealth Group, General Mills, Medtronic, Ecolab, and Allina Health. Forward this listing to your relocating hire or contact the seller directly.
Schedule a Tour for Your HireProperty Overview
Corridor Flats Unit 407 is a top floor 2 bedroom 1 bathroom condominium at 2929 21st Avenue South, Minneapolis MN 55407. At 1,098 square feet on the fourth and top floor, the unit offers elevated privacy, natural light, and no upstairs neighbors. Listed at $239,900, this is $218 per square foot. There are no rental restrictions, making it a strong option for both owner occupants and investors.
The Blue Line light rail is a 3 minute walk from the building. Downtown Minneapolis is 7 minutes by rail. Major employers reachable from downtown include Target Corporation, US Bancorp Tower, Ameriprise Financial, and Xcel Energy. Minneapolis Saint Paul International Airport is 15 minutes with no transfers. Cub Foods and Target retail are within half a mile. The Midtown Greenway is 2 blocks away.
At $218 per square foot, Unit 407 is priced well below comparable Minneapolis condos. Portland Tower units are listed near $412,500. 730 Lofts near $425,000. Bridgewater near $455,000. Over 5 years, a buyer purchasing Unit 407 saves between $88,000 and $96,000 compared to those alternatives while getting more square footage on the top floor.
Heated underground parking, in unit washer and dryer, private balcony, stainless steel appliances, double vanity bathroom, smart building access, and endless sunsets.
Located in the Bancroft neighborhood of South Minneapolis with walkable access to retail, dining, and fitness. The YWCA is directly across the street. East Phillips Park has received significant recent public investment. Cedar Avenue is undergoing a reconstruction project through 2026 and 2027 improving pedestrian infrastructure. Controlled smart building access provides an added layer of security.
A preapproval letter or proof of funds is required before any showing is confirmed. Showings are Sunday mornings only in 20 minute windows from 8:00 AM to 9:40 AM. Submit your request through this site and the seller responds within 24 hours. Offers with clean financing and minimal contingencies receive priority.
Licensed in Minnesota
Last Updated: March 2026 | 2929unit407.com | Minneapolis, MN 55407
Run your numbers. Download the listing packet to share with your spouse, your relocation manager, or your buyer's agent. Book a Sunday appointment. The math is straightforward, and the door stays open while it does.
Replies typically come within a few hours on weekdays. Weekends are reserved for showings.