Upgraded, 10th floor, 1 bed/ 1 bathroom condo at RiverWest Condominiums in downtown Minneapolis. This highrise is located on the river, steps away from St. Anthony Main, North Loop. Downtown, the Guthrie, Mill City Museum, Target Field, Us Bank Stadium, the Light Rail, and more! The building is loaded with lots of amenities including a pool, hot tub, sauna, fitness center, 2 party rooms, a car wash bay, 24-hour front desk attendant, on-site maintenance, pet walking area, outdoor sundeck with gas grills/ fireplace, and more! The unit features nearly new upgraded laminate hardwood flooring throughout main living areas, maple cabinetry, granite countertops, stainless steel appliances, breakfast bar, open living/ dining room, tile flooring in the bathroom, spacious carpeted bedroom, walk-in closet, lots of storage including an additional storage space, in unit washer/ dryer, and balcony with downtown views. This home is available for move-in August 1. All lease agreements are 12 months with a 60 day notice; pets are not allowed in this unit. The monthly rent includes gas, AC, water, sewer, trash, basic cable, 1 parking stall, and 1 storage space. Tenant only has to pay electric (roughly $30/ month), and internet/ telephone if desired. Second parking stalls are available upon the ability to rent from another owner in the building, or nearby contract parking. All applicants are required to submit a background check application which costs $55.50/ adult or $70.50/ adult if you have lived out of state in the last 10 years. Tenants must submit a $300 non-refundable building move-in/ out fee with first month's rent.
Sold for $275,000
$275,000
401 1st St S #1218, Minneapolis, MN 55401
1beds
1baths
832sqft
Apartment
Built in 1989
-- sqft lot
$281,000 Zestimate®
$331/sqft
$2,220 Estimated rent
Home value
$281,000
$256,000 - $309,000
$2,220/mo
Zestimate® history
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$2,223/mo
Est. payment
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Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Heating
- Forced air
Cooling
- Other
Appliances
- Included: Dryer, Washer
- Laundry: In Unit
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 832 sqft
Property
Parking
- Parking features: Garage - Detached, Off-street
Features
- Exterior features: Wood
Lot
- Size: 1.59 Acres
Details
- Parcel number: 2302924310319
Construction
Type & style
- Home type: Apartment
Materials
- concrete
- Roof: Built-up
Condition
- Year built: 1989
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $484 monthly
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $331/sqft
- Tax assessed value: $251,000
- Annual tax amount: $3,733
Price history
| Date | Event | Price |
|---|---|---|
| 1/13/2025 | Sold | $275,000+14%$331/sqft |
Source: Public Record Report a problem | ||
| 2/27/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/7/2020 | Listing removed | $1,650$2/sqft |
Source: Owner Report a problem | ||
| 6/1/2020 | Listed for rent | $1,650$2/sqft |
Source: Owner Report a problem | ||
| 6/12/2006 | Sold | $241,255$290/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,733 +7.1% | $251,000 |
| 2024 | $3,485 -0.9% | $251,000 -6% |
| 2023 | $3,516 -10.3% | $267,000 +0.4% |
| 2022 | $3,918 +3.6% | $266,000 -5.5% |
| 2021 | $3,782 -7.7% | $281,500 |
| 2020 | $4,097 +8.3% | $281,500 |
| 2019 | $3,782 -7.7% | $281,500 +4.1% |
| 2018 | $4,097 +7.3% | $270,500 +18.4% |
| 2017 | $3,819 +15.3% | $228,500 +6% |
| 2016 | $3,313 +4.1% | $215,500 +7.2% |
| 2015 | $3,183 +3.3% | $201,000 +14.5% |
| 2014 | $3,082 +9.2% | $175,500 |
| 2013 | $2,821 -1.2% | $175,500 -3% |
| 2012 | $2,856 +1.3% | $181,000 |
| 2011 | $2,821 +8.3% | $181,000 -5.7% |
| 2010 | $2,605 -9.2% | $192,000 -7% |
| 2009 | $2,867 | $206,500 |
Find assessor info on the county website
Neighborhood: Downtown West
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Nearby schools
GreatSchools rating
- 2/10Webster ElementaryGrades: PK-5Distance: 1 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
$281,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$281,000
- Minnesota
- Hennepin County
- Minneapolis
- 55401
- Downtown West
- 401 1st St S Unit 1218