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Timeless Charm In a Boutique Setting

The Friederick | North East


With just six units across three stories, The Friederick is a lovely example of classic Beaux-Arts architecture. Originally built in 1906, this landmark property with its front bays and distinctive roofline was completed renovated in 1999 and transformed into spacious condominium residences with floorplans ranging from two to three bedrooms. Beautiful vintage woodwork merges with updated modern conveniences for a timeless living experience in the heart of Marcy-Holmes, the oldest neighborhood in Minneapolis


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Renovated Charm With Just Six Units in Historic Marcy-Homes

The historic Friederick condominium building presents beautifully from the street, bordered by gracious shade trees, with wide steps leading up to a generous front porch. There are matching terraces at each level directly above, lending a delightful, stacked appearance not often found in the area. While the current street address of the Friederick is 429 SE 2nd Avenue, Minneapolis, MN 55414, the building originally had an additional address of 427 SE 2nd Ave, as indicated by lettering on the antique transom above the interior wooden double doors. The former apartment house with its brick façade and lovely front balustrades sits at the corner of SE 2nd Avenue and 5th Street SE and is directly across from Holmes Park and its tennis courts.

Entering these nicely renovated units, you’ll discover a wonderful blend of old and new. The building’s layout provides for just two residences at each level with stairs and landings between them. The spacious condos run the length of the building with an organic flow between rooms. Window bays are at the front, with plenty of other tall windows along the sides and rear. Restored hardwood floors, crown molding, large living rooms, and dining areas offer a classic feel, complemented by open gourmet kitchens with stone counters, dining bars, mosaic tile backsplashes, handsome wood cabinetry, and stainless steel appliances. The bathrooms are large and well finished, and the large front porches and terraces are shared between units.

With only six residences, the pet-friendly boutique condominium doesn’t offer the types of amenities that are found at larger buildings. There is however, private off-street parking as well as individual storage lockers for each condo. Also, the unique charm and exacting renovation of this architectural treasure makes it feel as if every unit is its own house. Location also matters, across from a lovely park and just two blocks from all the great shops, pubs, and restaurants along E Hennepin Avenue.  Larger condominium developments in the Northeast area include Cobalt, Flour Sack Flats, and Madison Lofts.

Resident Amenities and Conveniences

  • Lovely combination of vintage details and modern upgrades
  • Working fireplaces add cozy cheer in winter
  • Three-window bays for lots of natural light
  • Outdoor terraces
  • Private off-street surface parking
  • Individual storage lockers
  • Across from park and tennis courts
  • Close to shops and restaurants

Living in Marcy-Holmes and the Northeast Area

The oldest neighborhood in Minneapolis, Marcy-Holmes was founded in 1849 and was known at the time as the town of St. Anthony’s. Marcy-Holmes predates Minnesota’s statehood by some nine years. The historic community is located on a high area overlooking the Mississippi River and Saint Anthony Falls and is home to the historic Stone Arch Bridge. Originally known for flour and lumber mills, St. Anthony’s voted to join Minneapolis in 1872 and eventually took the name of Marcy-Holmes after William L. Marcy and Oliver Wendell Holmes. The neighborhood also includes the subdivision of Dinkytown. The Friederick is across the street from Holmes Park, and not far from Hennepin Island, Father Hennepin Bluff Park, Lower Trail, and the river itself. There are also plenty of local bakeries, bars, restaurants, and thrift shops. E Hennepin Ave acts as a main drag with lots of fun places to grab drinks or a meal, and the Dinkytown district is also a lively place for indie music venues, bookstores, and pizzerias.