A Central Minneapolis real estate agent who specializes in Downtown West real estate is essential if you are considering buying or selling a Downtown West house, Downtown West condo or Downtown West townhouse. Agents Ranking has identified the best REALTORS® in downtown Minneapolis to assist with your Downtown West housing needs.
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The Downtown West neighborhood is located in the heart of downtown Minneapolis and contains the vast majority high-rise buildings that make up the stunning Minneapolis skyline. The neighborhood is the most vibrant and active in the city and is bound by 12th Street to the south, 3rd Avenue and Hennepin Avenue to the west, Washington Avenue and West River Parkway to the north and 5th Avenue and Portland Avenues to the east.
As the core of downtown Minneapolis, the neighborhood is characterized by office buildings, retail stores and shopping areas, residential buildings, entertainment, hotels, dining and theaters. The neighborhood provides the commercial, social, and cultural pulse for the entire region.
Approximately 40,000 people, mostly young urban professionals, live in Downtown Minneapolis and the homes in Downtown West are typically either apartments, studios, lofts or condos. There are new high-rise condo developments along with older warehouses and commercial spaces that have been converted into modern apartments and lofts.
With the majority of office building space in the Twin Cities metropolitan area, Downtown West is home to many corporate headquarters including Fortune 500 companies such as Target Corporation, U.S. Bancorp, Xcel Energy, Ameriprise Financial, and Thrivent Financial for Lutherans.
The neighborhood as a rich cultural history and is home to several renowned theaters including the Orpheum Theater, State Theater, Pantages Theater, Hennepin Stages, Music Box Theater and Orchestra Hall. The recently built Minneapolis Central Library is also located in the neighborhood and is stunning modern building designed by internationally renowned architect Cesar Pelli.
There are also several restaurants in the neighborhood offering a cuisine for every type of palate. Whether it is five star dining, ethnic food, casual dining or pub food, West Downtown offers it all.
The Downtown West neighborhood features approximately two million square feet of retail, including the Nicollet Mall, a 12-block stretch that is home to hundreds of shops, theaters, department stores and restaurants. Just a few blocks west, is the Minneapolis Warehouse District, a lively area that contains several galleries, shops, restaurants, night clubs and the Target Center, home of the Minnesota Timberwolves and host to numerous concerts and events.
The entire neighborhood is linked by the Minneapolis Skyway System an extensive collection of enclosed pedestrian footbridges that connects various buildings enabling people to walk in a climate-controlled environment. The extensive system is renowned as the largest continuous system in the world and is especially appreciated by Downtown West residents during the winter months. Contrary to many other cities where the majority of retail is on the ground floor, there are numerous shops, stores and dining options throughout the Skyway System due to the heavy volume of pedestrian traffic.
The neighborhood contains mostly renters living in multi-family buildings, with owner occupied housing making up just 28% percent of all households in Downtown West. Average median household income is $36,510 per household as compared to an overall household income for Minneapolis of $37,974.
Property values of Downtown West condos, Downtown West townhomes, Downtown West single family homes and Downtown West investment real estate fluctuate and there are many variables that can effect the sale price of real estate in this Central neighborhood. A Minneapolis REALTOR® who is a specialist in Downtown West home sales, is the best resource for determining the value of a home you're thinking about buying or selling in the neighborhood. The charts below provide historical homes sales data for Downtown West real estate. To speak with a REALTOR® about homes in any of the Central Minneapolis neigbhorhoods, click here.
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Average Home Price in the Downtown-West Neighborhood of Central Minneapolis |
Homes Sold in the Downtown West Neighborhood of Central Minneapolis, Minnesota |
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Touring Minneapolis' Downtown West neighborhood is easy; use the map below to tour the neighborhood. You can change your location by dragging the yellow icon on the lower map to a new area. Of course, a virtual tour isn't a substitute for a personal tour with a Downtown West real estate agent. To speak with a Downtown West REALTOR® regarding your housing needs, click here. There is no obligiation or fee.
If you're looking for a new home in Minneapolis' Downtown West neighborhood, you might also want to consider one of the neighboring communities listed below. Minneapolis' Central neighborhood consists of Downtown East, Downtown West, Elliot Park, Loring Park, North Loop and Stevens Square.
Central Real Estate
Downtown East Real Estate Downtown West Real Estate Elliot Park Real Estate Loring Park Real Estate North Loop Real Estate Stevens Square Real Estate
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