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Updated 20 minutes ago

O2


250 Portland Ave Minneapolis, MN

1 - 2 Bed
•
1 - 2 Bath

585 - 1,779 Sq. Ft.

Available Now
Deal

Breathe In 3...2...1 Month(s) of free rent when you sign a 15+ month lease and move in by 4/15. Terms and conditions apply.

1 Bed • 1 Bath
$2,098 - $2,287
697 ft2
3 Available
Unit 0902
$2,098
Available Now
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Unit 2002
$2,287
Available Now
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Unit 0802
$2,121
Available May 8th, 2026
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1 Bed • 1 Bath
$2,118 - $2,133
723 ft2
4 Available
Unit 0306
$2,118
Available Now
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Unit 0406
$2,123
Available Now
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Unit 0606
$2,133
Available Now
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Unit 0506
$2,128
Available Now
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1 Bed • 1 Bath
$2,278 - $2,283
802 ft2
2 Available
Unit 0512
$2,278
Available Now
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Unit 0612
$2,283
Available Now
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1 Bed • 1 Bath
$2,148 - $2,508
806 ft2
2 Available
Unit 0209
$2,148
Available Now
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Unit 2009
$2,508
Available May 8th, 2026
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1 Bed • 1 Bath
$2,108 - $2,120
594 ft2
2 Available
Unit 0607
$2,108
Available Mar 28th, 2026
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Unit 1207
$2,120
Available Jun 6th, 2026
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2 Beds • 1 Bath
$2,494 - $2,499
874 ft2
2 Available
Unit 0304
$2,494
Available Now
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Unit 0404
$2,499
Available Now
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2 Beds • 2 Bath
$3,094 - $3,279
1097 ft2
4 Available
Unit 0703
$3,094
Available Now
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Unit 0803
$3,249
Available Now
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Unit 1003
$3,259
Available Now
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Unit 1403
$3,279
Available Apr 8th, 2026
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2 Beds • 2 Bath
$3,383 - $3,779
1176 ft2
4 Available
Unit 0305
$3,383
Available Now
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Unit 0405
$3,388
Available Now
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Unit 0505
$3,443
Available Now
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Unit 1705
$3,779
Available May 8th, 2026
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2 Beds • 2 Bath
$3,608 - $3,628
1240 ft2
5 Available
Unit 0301
$3,608
Available Now
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Unit 0401
$3,613
Available Now
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Unit 0501
$3,618
Available Now
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Unit 0601
$3,623
Available Now
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Unit 0701
$3,628
Available Now
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2 Beds • 2 Bath
$3,683 - $3,688
1230 ft2
2 Available
Unit 0411
$3,688
Available Now
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Unit 0311
$3,683
Available Now
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Where you'll live
Street View
Map View
Satellite View
Amenities
Fitness Center
Controlled Access
Flexible Lounge & Workspace
Group Fitness
Lounge Chairs
On-site Professional Management
Outdoor Dining Table
Relaxation Spa
Shaded Pergola
Social Lounge
Underground Parking
Wi-fi In All Common Areas
Smoke-free Community
Sun Deck With Lounge Pool
Cocktail Lounge
Game Lawn (turf)
Ample Greenery And Planters
Technogym Equipment
Complimentary Access To The Technogym App
Golf Simulator
Conservatory
Sauna
Roof Top Patio
Roof Top Access
Lobby
Fire Pit
Business Center
Bike Parking
Package Receiving
24-hour Maintenance
Bike Storage
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Park
Pet Friendly Community
Dog Grooming Area
Other:

Must register your animal through PetScreening. Select breed are subject to go through additional Canine Behavior Assessment conducted by Management for approval to be onsite

Restrictions:

$350 pet fee (non-refundable). No deposit required. $50 monthly rent per dog. $35 monthly rent per cat. Resident agrees to obtain a Pet Screening profile through PetScreening per pet. Additional screening fees may apply through PetScreening.

Pet Fee: $350.0
Parking
Surface Parking
Electric Vehicle Charging
Lease & Fees
Application Fee:

$0.00

Lease Length:

Available months 1, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15,

Security Deposit:

$250.00

Other:

Security deposit is $250 for each residence

Property details
Description

Located in the Mill District neighborhood of downtown Minneapolis, O2 Luxury Tower stands tall as a beacon of refined living. Now open and accepting applications, this 22-story masterpiece is poised to redefine luxury living in the city. Schedule a tour today. O2 Luxury Tower promises to be more than just a residence it is a sanctuary above the city, offering unparalleled views of the majestic Mississippi River, the iconic Stone Arch Bridge, and the glistening downtown Minneapolis skyline. Step into a world where every detail is meticulously crafted to elevate your lifestyle. From the moment you enter, you'll be greeted by an atmosphere of sophistication and elegance. With spacious open layouts designed for both entertaining and relaxation, each residence exudes a sense of timeless luxury. Indulge in an array of world-class amenities that cater to you. From the rooftop Conservatory and Cocktail Lounge to the Relaxation Spa and Fitness Studio, O2 Luxury Tower offers an oasis of tranquility amidst the vibrant energy of downtown Minneapolis. Take a dip in the lounge pool on the expansive Sun Deck, or sharpen your swing at the Golf Simulator it is all here, waiting for you to explore. At O2 Luxury Tower, every aspect of your home has been thoughtfully curated to enhance your daily routine. Enjoy the convenience of gas range cooking, private grills provided on every balcony, quartz countertops, and smart home technology, seamlessly integrated into each residence. And for those seeking the pinnacle of luxury, our penthouse suites boast upgraded finishes, including engineered hardwood flooring, GE Cafe appliances, and custom-designed interiors. Experience the epitome of luxury living at O2 Luxury Tower a place where sophistication meets serenity, and every moment is simply breathtaking. Renderings are an artistic representation, and details are subject to change.

Additional Details
Year Built: 2024
Total Unit Count: 240
Last Updated: Updated 20 minutes ago
Contact Number: (612) 337-2608
Property manager information
Sherman Associates
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Office Hours
Monday: 10:00 AM - 6:00 PM
Tuesday: 10:00 AM - 6:00 PM
Wednesday: 10:00 AM - 6:00 PM
Thursday: 10:00 AM - 6:00 PM
Friday: 10:00 AM - 6:00 PM
Saturday: 10:00 AM - 6:00 PM
Contact O2
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Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for O2 by bedroom type below.
1 Bedroom
Suggested income:
$78,000
per year
2 Bedroom
Suggested income:
$132,500
per year
Rent report

O2 Rent vs. Minneapolis Average

 O2      Minneapolis Average
1BR
$2,167
$1,430
$0
$750
$1,500
$2,250
$3,000
2BR
$3,680
$2,050
$0
$1,200
$2,400
$3,600
$4,800

O2 is asking 52% more than the average 1 bedroom apartment in Minneapolis.

If you upsized to an average priced Minneapolis 2 bedroom apartment, you would pay 30% more per month.

If you downsized to an average priced Minneapolis studio apartment, you would pay 31% less per month.

O2 provides 8% more square footage than the average Minneapolis 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
O2
1BR $2,167 $3.00 $6,500
2BR $3,680 $3.10 $11,041
Minneapolis Average
Studio $1,090 $2.50 $3,269
1BR $1,430 $2.20 $4,290
2BR $2,050 $2.00 $6,149
3BR $2,357 $1.80 $7,072
4BR $2,496 $1.80 $7,488

Availability in Minneapolis

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 2,106 1BR units on the market in Minneapolis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
18% 45% 28% 5% 2%
Available Units in Minneapolis
Studio 828
1BR 2,106
2BR 1,303
3BR 249
4BR 97
Location
Nearby Colleges
Campus Buildings and Attractions
Distance Walking Biking Driving
Carlson School of Management 1.1 mi 20 min 7 min 3 min
Ackerberg Science Center 1.3 mi 26 min 8 min 3 min
Educational Sciences Building 1.4 mi 27 min 8 min 4 min
Management Education Center 1.4 mi 27 min 9 min 3 min
University of Minnesota Medical Center 1.5 mi 28 min 11 min 4 min
Nearby Hospitals
Name Distance
Hennepin County Medical CTR 0.41 mi.
Phillips Eye Institute 1.29 mi.
University Of Minnesota Medical Center 1.3 mi.
Nearby Fire Stations
Name Distance
Glenwood Fire Department 1.31 mi.
Metropolitan Airports Commission 1.39 mi.
Minneapolis Fire Department 1.39 mi.
FAQs
Is this property currently leasing units?
Yes. There are 37 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 34 units available for move-in over the next 2 months. 29 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 585 to 1,779 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,890 to $4,610. O2 has 1 bedroom units available starting at $1,890 and 2 bedroom units available starting at $2,494.
Where is this property located?
This property is at 250 Portland Ave in Minneapolis, MN. It's 0.5 miles southeast from the center of Minneapolis.
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