Updated
NoLo Living - NoLo South
701 N 2nd St, Minneapolis, MN 55401
Live pricing, refreshed
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Pricing by Bedroom
Rent Distribution
Price by Bedroom
Price Breakdown
Rent by Unit
Price vs. Square Footage
Price History
Property Price Trend
Units with Price Changes (59)
Largest 8 movers of 59Estimated Building Revenue
How is this calculated?
Rental revenue model
We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.
- Building size: stated by the property itself
- Occupancy: building size minus currently listed units
- Rents: observed lease-offs first, current asking rents as fallback
These are research estimates, not financial statements from the operator. Confidence: high (building size is reported).
Est. Monthly Revenue
$526K
$6.3M annual run rate
Est. Occupancy
91%
of about 308 units (reported building size)
Effective Rent on New Leases
$1,873
vs $2,029 current asking ($156 negotiation gap)
Recent Lease Activity
93 units tracked; 66 assumed leased, 27 listed nowSee which units leased, when they left the market, and the rent they leased at.
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How is this calculated?
Negotiation Leverage Score (0-100)
Based on 5 observable signals from the property's listing data:
- +30 pts: 15+ units currently listed
- +25 pts: Active move-in specials
- +20 pts: Deep discounts (>$150/mo off)
- +15 pts: 5+ distinct floor plans
- +10 pts: 25+ units listed
All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.
Listed Units
27
Very high availability
22 floor plans
Move-in Specials
0
No active promotions
Negotiation Leverage
Some signals suggest room to negotiate, especially if you can be flexible on move-in date.
Price vs. Central Minneapolis
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Available Units
| Unit | Floor Plan | Bed/Bath | Sqft | ↑ Price | $/Sqft | Available | Listed | Details |
|---|---|---|---|---|---|---|---|---|
| 705 | NoLo East - S1 | Studio / 1ba | 370 | $1,395 | $3.77 | 2026-09-05 | Pro | Down $20 since Jun 23 |
| 507 | NoLo West - A1 | 1bd / 1ba | 442 | $1,592 | $3.60 | 2026-06-17 | Pro | |
| 421 | NoLo West - A2 | 1bd / 1ba | 507 | $1,637 | $3.23 | 2026-08-23 | Pro | Down $37 since Jun 23 |
| 221 | NoLo West - A2 | 1bd / 1ba | 507 | $1,642 | $3.24 | 2026-07-24 | Pro | Down $37 since Jun 23 |
| 310 | NoLo East - A2 | 1bd / 1ba | 451 | $1,675 | $3.71 | 2026-08-12 | Pro | |
| 410 | NoLo East - A2 | 1bd / 1ba | 451 | $1,690 | $3.75 | 2026-08-27 | Pro | Up $62 since Jun 23 |
| 621 | NoLo West - A2 | 1bd / 1ba | 507 | $1,697 | $3.35 | 2026-08-20 | Pro | Down $37 since Jun 23 |
| 409 | NoLo East - A5 | 1bd / 1ba | 475 | $1,733 | $3.65 | 2026-09-02 | Pro | Up $9 since Jul 8 |
| 701 | NoLo East - A6 | 1bd / 1ba | 497 | $1,765 | $3.55 | 2026-09-11 | Pro | Up $9 since Jul 8 |
| 604 | NoLo South - A1 | 1bd / 1ba | 614 | $1,847 | $3.01 | 2026-08-23 | Pro | Down $37 since Jun 23 |
Unit Details
Train activity
Trains close by
Freight line 1,079 ft away
- Trains pass infrequently
- Crossing 1,079 ft away. Horns expected during the day.
- Operator: SOO
City Club
Resident Notes & Access Codes
Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Minneapolis, MN notes
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