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for saleRealtyLens property overview
$899,000

1613 W Franklin Ave

Minneapolis, MN, 55405
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4Beds
3.75Baths
5,222Sqft
$172$/sqft

Comps

Listing Notes

Set just moments from Lake of the Isles, this expansive four-bedroom residence offers the rare comfort and scale of a single-family home with the ease of condominium living. A seamless blend of timeless architectural charm and refined modern updates defines every space, where rich millwork, detailed craftsmanship, and gracious proportions create an elevated yet inviting atmosphere. The main level unfolds with effortless flow, ideal for both everyday living and entertaining, while the private patio provides a serene extension for outdoor relaxation. The luxurious owners suite serves as a true retreat, featuring generous proportions and a sense of quiet sophistication. The thoughtfully finished lower level elevates the home even further, complete with a stylish wet bar and dedicated home gymperfect for hosting, unwinding, or staying active without ever leaving home. With its unmatched combination of character, scale, and proximity to one of the citys most beloved lakes, this residence presents a rare opportunity to enjoy classic elegance paired with modern convenience in an exceptional setting.

Market Insights

Below nearby median-27%

$172/sqft vs a nearby median of $234/sqft.

Nearby median$234/sqft
Nearby properties8
Property size5,222 sqft
  • -27% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 5,222 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.23M$1.12M$1.34M · 50% confidence
vs ask $899k−$335k (−37.3%)

Asking price is about 37.3% below the fair value — likely to draw competing offers if it's still on market.

$234/sqft median across 8 tight comps × 5,222 sqft= $1.22M
  • Pre-war character+$31k +2.5%
  • Sparse street life−$18k −1.5%
Cumulative NYC adjustments+$12k+1.0%

Property Read

FreshnessHistorical market data

Treat this as historical market context until the listing data refreshes.

Market Position-27% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
12 days
Last price change
No change recorded
Listed
Apr 30, 2026
Photos
47 photos
Property type
townhomes
Status
for sale
Garage
2 spaces

Features & Amenities

Central AirGymOutdoor SpaceSecurity FeaturesDishwasherFireplaceForced AirHardwood FloorsPets AllowedRecreation FacilitiesWasher DryerBasementTwo Or More StoriesGarage 1 Or MoreGarage 2 Or MoreLakeWet BarDen

Photos

Price History

May 8, 2026Initial record
$899,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.