Portland Towers Condos For Sale & Lease
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Portland Tower Real Estate Statistics
| Average Price | $299K |
|---|---|
| Lowest Price | $3K |
| Highest Price | $413K |
| Total Listings | 4 |
| Avg. Days On Market | 140 |
| Avg. Price/SQFT | $271 |
Property Types (active listings)
Portland Tower: New Construction Style in Downtown Minneapolis
Located at 740 Portland Avenue S, Minneapolis, MN 55415, the aptly named Portland Tower is home to approximately 122 condo residences with both two and three-bedroom floorplans. Designed by Oertel Architects and built by RJM Construction, the sleek mixed-use high-rise was completed in 2016, making it one of the most recent condominium projects in the Elliot Park neighborhood as well as the larger downtown Minneapolis area. The property with its modern glass, steel and brick façade and lower level commercial space features a striking sixth-floor outdoor community space, a fitness center, a community lounge, a dog run, heated parking, and other upscale amenities. The blend of contemporary construction, top-tier perks, and a great location in the Elliot Park neighborhood makes Portland Tower a popular choice for prospective condo shoppers desiring a luxurious urban lifestyle experience. Other notable condominiums in the area include Centre Village, City Heights, and Skyscape.
Entering these one and two-bedroom condos, luxury features are immediately evident. Open space living areas are graced by gleaming hardwood floors. Massive windows allow in abundant natural light, as well as providing eye-popping views of the city. The gourmet kitchens are completely open to adjacent dining and living areas and are unobtrusively set against a single wall or into a corner. Stone counters, prep islands, mosaic backsplashes, stylish cabinetry, and upscale stainless steel appliances add to the culinary appeal. There is also welcome variety from one unit to the next, as the developers offered different models and finish packages upon delivery. Due to the recent construction date, these condos tend to be in pristine shape. Wide private balconies with overhangs are perfect for relaxation and outdoor dining. Also of note are the designer bathrooms with twin-sink vanities, walk-in closets, custom lighting and wall finishes, and handy in-unit front-loading washers and dryers.
Residents at this recently completed condominium tower enjoy a number of enviable amenities. There is a welcoming lobby for residents and guests, and a giant clubroom that includes a full kitchen, lounging and dining areas, media, a fireplace, and billiards/ping-pong. A large state-of-the-art fitness center with both cardio and strength training equipment is great for staying in shape. A sixth-floor terrace is a terrific outdoor oasis with fire outs, gas grilles, tables, and landscaping. The pet-friendly building also has an indoor area where dogs can stretch their legs. Secure, heated garage parking is another convenience for residents. The mixed-use Portland Tower building has commercial space at its lower levels. Location is another huge part of the appeal, close to Trader Joe’s, local coffee shops and restaurants, U.S. Bank Stadium, and lovely greenspaces like The Commons, and Elliot Park.
Conveniences and Amenities at Portland Tower
- A welcoming lobby for residents and guests
- Huge clubroom with kitchen, media, fireplace, and games
- State-of-the-art fitness center with both cardio and strength training
- Sixth-floor outdoor terrace with landscaping, fire pit, and gas grilles
- Indoor dog area
- Heated garage parking
A Prime Location in Elliot Park
The location of the 17-story Portland Tower is a significant factor for prospective condo shoppers. The sleek structure at the corner of Portland Avenue and 8th Street S is in the heart of Minneapolis’ downtown area. More specifically, the building is in the small but vibrant Elliot Park neighborhood. This is one of Minneapolis’ oldest neighborhoods and one that has evolved dramatically over the course of its history. While the South Ninth Street Historic District is just a block from Portland Tower, a large number of buildings in the area are newer. This results in a fascinating blend of new and old, with modern and historic buildings in close proximity. In addition to the architectural aesthetics, the area is home to numerous lifestyle and cultural attractions. U.S. Bank Stadium and its accompanying LRT station are just three blocks from Portland Tower. The Armory with its live concerts is also nearby, and Guthrie Theater is only about a half mile away. Local greenspaces include Gateway Dog Park, The Commons, and Elliot Park with its athletic fields and recreation center. Also nearby is Starbucks, Trader Joe’s, and popular restaurants like Off The Rails, Hen House Eatery, and Band Box Diner.