River Towers Condominiums was one of the first projects constructed in the early 1960's as part of the City of Minneapolis plan to revitalize this area of Minneapolis, known as the Gateway District. It's located near the intersection of Hennepin and Washington, and is centrally located within walking distance to everything downtown living offers- 1 block from the skyway system and the Mississippi River and Grand Rounds recreation trails, restaurants, retail, entertainment, sporting events, grocery shopping, arts, and public transit.
River Towers boasts more outdoor amenities than any other building downtown including a heated outdoor lap pool, sauna, private outdoor tennis/pickleball courts, aerobic fitness room, weight room, landscaped garden, barbecue patios, beautiful rooftop deck with 360-degree views of the city, panoramic, skyline views, courtyard, library, community room, party room, guest rooms, and car wash!
This cozy studio floor plan has been completely updated with a new kitchen and bathroom, flooring, and finishes. Large west facing widows bring in abundant natural light and provide views of Gateway Park and the surrounding neighborhood.
Heated indoor garage is $110.00 per month (short wait list) and outdoor parking lot for $65.00 per month 24hr attendant for greeting guests, receiving packages and security.
HOA fees for the unit are $528 per month. Pets are currently not allowed in River Towers.
Closed
$130,000
15 S 1st St #A507, Minneapolis, MN 55401
0beds
472sqft
High Rise
Built in 1965
-- sqft lot
$120,300 Zestimate®
$275/sqft
$1,214 Estimated rent
Home value
$120,300
$111,000 - $130,000
$1,214/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Christian H Klempp 612-669-1358,
Compass
Bought with:
Amy M. Carr
LaBelle Real Estate Group Inc
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6592415
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
Bathroom
- Level: Main
- Area: 70 Square Feet
- Dimensions: 7x10
Kitchen
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Other
- Level: Main
- Area: 260 Square Feet
- Dimensions: 20x13
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator
- Laundry: In Basement, Common Area, Laundry Room
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 472
- Total interior livable area: 472 sqft
- Finished area above ground: 472
- Finished area below ground: 0
Property
Parking
- Parking features: More Parking Onsite for Fee, Varies by Unit
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Has private pool: Yes
- Pool features: In Ground, Heated, Outdoor Pool, Shared
Lot
- Size: 3.83 Acres
- Features: Near Public Transit
Details
- Foundation area: 472
- Parcel number: 2302924320087
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Condo
- Property subtype: High Rise
- Attached to another structure: Yes
Materials
- Concrete
- Roof: Flat,Tar/Gravel
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Security: Fire Sprinkler System
- Subdivision: Condo 0023 River Towers Condo
HOA
- Has HOA: Yes
- Amenities included: Guard - 24 Hour, Laundry, Common Garden, Elevator(s), Fire Sprinkler System, Lobby Entrance, Other, Patio, Sauna, Security Building, Tennis Court(s)
- Services included: Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Professional Mgmt, Recreation Facility, Sanitation, Security Staff, Shared Amenities, Snow Removal
- HOA fee: $528 monthly
- HOA name: Sudler
- HOA phone: 612-333-8713
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $275/sqft
- Tax assessed value: $83,000
- Annual tax amount: $1,083
- Date on market: 8/26/2024
- Cumulative days on market: 53 days
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2024 | Sold | $130,000-5.5%$275/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6592415 Report a problem | ||
| 10/21/2024 | Pending sale | $137,500$291/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6592415 Report a problem | ||
| 8/29/2024 | Listed for sale | $137,500+37.5%$291/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6592415 Report a problem | ||
| 9/27/2018 | Sold | $100,000+20.5%$212/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4998886 Report a problem | ||
| 2/16/2010 | Sold | $83,000$176/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $788 -27.3% | $83,000 |
| 2024 | $1,083 -5.4% | $83,000 |
| 2023 | $1,145 -4.5% | $83,000 -4.6% |
| 2022 | $1,199 +3.6% | $87,000 +0.6% |
| 2021 | $1,157 -7.7% | $86,500 |
| 2020 | $1,254 +8.4% | $86,500 |
| 2019 | $1,157 -7.7% | $86,500 +10.2% |
| 2018 | $1,254 +13.5% | $78,500 +16.3% |
| 2017 | $1,104 -1.4% | $67,500 |
| 2016 | $1,119 +4.3% | $67,500 +17.4% |
| 2015 | $1,073 +11.8% | $57,500 +15% |
| 2014 | $960 +0.3% | $50,000 -4.8% |
| 2013 | $957 -5.2% | $52,500 -8.7% |
| 2012 | $1,009 +4.8% | $57,500 |
| 2011 | $962 -0.6% | $57,500 -8.7% |
| 2010 | $968 -3.8% | $63,000 -7.4% |
| 2009 | $1,006 +42.1% | $68,000 +36.8% |
| 2006 | $708 +9.1% | $49,700 +14.8% |
| 2005 | $649 +9.1% | $43,300 +17% |
| 2004 | $595 +13.9% | $37,000 +15.3% |
| 2002 | $523 -46.5% | $32,100 |
| 2001 | $977 | -- |
Find assessor info on the county website
Neighborhood: Downtown West
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Nearby schools
GreatSchools rating
- 2/10Webster ElementaryGrades: PK-5Distance: 0.9 mi
- 2/10Northeast Middle SchoolGrades: 6-8Distance: 3.1 mi
- 4/10Edison Senior High SchoolGrades: 9-12Distance: 2 mi
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Estimated market value
$120,300
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Estimated market value
$120,300
- Minnesota
- Hennepin County
- Minneapolis
- 55401
- Downtown West
- 15 S 1st St Unit A507
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