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Active with contingency
  • Price cut: $5K (8/7)
    $274,900

    401 1st St S #117, Minneapolis, MN 55401

    1beds
    860sqft
    : 
    $2,470/mo
    Get pre-qualified
    (CC) High Rise (4+ Levels)
    Built in 1989
    -- sqft lot
    $272,700 Zestimate®
    $320/sqft
    $667/mo HOA

    What's special

    Open layoutIn-unit laundryUpdated kitchenExpansive outdoor spacePrivate terraceRenovated bath
    Welcome to Riverwest Condominiums in the heart of Minneapolis' Mill District. This updated residence offers a rare opportunity to enjoy riverfront living with one of the building's most desirable features, a 20x24 private deck overlooking the Mississippi River. Available in only a handful of units, this expansive outdoor space is an extension of the unit, offering the perfect place to entertain, dine outdoors, enjoy morning coffee, or watch summer fireworks over the river. Inside, the open layout features an updated kitchen, renovated bath, new carpeting (2024), in-unit laundry, and thoughtful updates throughout. A heated underground parking stall and private storage unit add everyday convenience. Riverwest offers amenities designed for an active, low-maintenance lifestyle, including an outdoor pool and sun deck, fitness center, sauna, hot tub, community rooms, guest parking, heated underground parking, on-site management, and 24-hour security. Step outside and enjoy miles of walking and biking trails along the Mississippi River or explore the neighborhood's parks, restaurants, and cultural attractions. Ideally located just steps from the Stone Arch Bridge, Water Works Park, Gold Medal Park, the Guthrie Theater, Mill City Museum, U.S. Bank Stadium, and award-winning restaurants like Owamni, you'll love the convenience of having Minneapolis' best dining, entertainment, sporting events, and riverfront recreation just outside your door. Whether you're taking an evening walk along the river, meeting friends for dinner, or relaxing on your private terrace, this home offers a unique opportunity to enjoy one of the city's most walkable neighborhoods.
    96 days
    375
    26

    Zillow last checked:

    Listing updated:

    Listed by:

    Lyndsey J Spiczka 612-703-1767,

    Compass

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7086643MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Bedroom
      • Level: Main
      • Area: 216 Square Feet
      • Dimensions: 12X18
      Kitchen
      • Level: Main
      • Area: 72 Square Feet
      • Dimensions: 9X8
      Living room
      • Level: Main
      • Area: 266 Square Feet
      • Dimensions: 14X19
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
      • Laundry: In Unit
      Features
      • Basement: None
      • Has fireplace: No
      Interior area
      • Total structure area: 860
      • Total interior livable area: 860 sqft
      • Finished area above ground: 860
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Assigned, Secured, Underground
      • Garage spaces: 1
      Accessibility
      • Accessibility features: Other
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck, Terrace
      • Has private pool: Yes
      • Pool features: In Ground, Outdoor Pool, Shared
      • Has view: Yes
      • View description: River
      • Has water view: Yes
      • Water view: River
      • Waterfront features: River Front, River View
      Lot
      • Features: Near Public Transit
      Details
      • Foundation area: 860
      • Parcel number: 2302924310065
      • Zoning description: Residential-Multi-Family

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: (CC) High Rise (4+ Levels)
      • Attached to another structure: Yes
      Materials
      • Roof: Flat,Tar/Gravel
      Condition
      • New construction: No
      • Year built: 1989

      Utilities & green energy

      • Gas: Electric
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      Community
      • Security: Fire Sprinkler System, Secured Garage/Parking
      • Subdivision: RIVERWEST CONDOMINIUMS
      HOA
      • Has HOA: Yes
      • Amenities included: Car Wash, Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Spa/Hot Tub, Patio, Sauna, Security Building
      • Services included: Air Conditioning, Maintenance Structure, Cable TV, Hazard Insurance, Heating, Maintenance Grounds, Professional Mgmt, Sanitation, Security Staff, Shared Amenities
      • HOA fee: $667 monthly
      • HOA name: Sudler Property Management
      • HOA phone: 312-751-0900
      Location
      • Region: Minneapolis

      Financial & listing details

      • Price per square foot: $320/sqft
      • Tax assessed value: $271,000
      • Annual tax amount: $4,196
      • Date on market: 6/5/2026
      • Cumulative days on market: 4 days

        Estimated market value

        $272,700

        $259,000 - $286,000

        $2,022/mo

        Price history

        DateEventPrice
        8/7/2026Price change$274,900-1.8%$320/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7086643 Report a problem
        7/28/2026Price change$279,900-1.8%$325/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7086643 Report a problem
        7/13/2026Price change$284,900-1.4%$331/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7086643 Report a problem
        6/5/2026Listed for sale$289,000+34%$336/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7086643 Report a problem
        4/18/2008Sold$215,717$251/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,030 +11.9%$271,000
        2024$3,603 +1%$271,000 -1.8%
        2023$3,568 -0.3%$276,000 +2.2%
        2022$3,578 +3.6%$270,000 +5.1%
        2021$3,454 -10.5%$257,000
        2020$3,858 +11.7%$257,000 -3%
        2019$3,454 -10.5%$265,000 +3.9%
        2018$3,858 +7.1%$255,000 +13.3%
        2017$3,601 +3.4%$225,000 +5.9%
        2016$3,482 +3%$212,500 +7.3%
        2015$3,380 +2.2%$198,000 +13.1%
        2014$3,306 +13%$175,000 +7.7%
        2013$2,926 -0.5%$162,500 -3%
        2012$2,939 +4.8%$167,500
        2011$2,804 +8.1%$167,500 -5.6%
        2010$2,593 -8.2%$177,500 -7.1%
        2009$2,825 $191,000
        Find assessor info on the county website

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Downtown West

        Getting around

        92 / 100
        Walker's Paradise
        87 / 100
        Excellent Transit
        91 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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