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Sold for $235,000
  • $235,000

    401 1st St S #1520, Minneapolis, MN 55401

    1beds
    1baths
    700sqft
    Condo
    Built in 1989
    -- sqft lot
    $235,200 Zestimate®
    $336/sqft
    $1,905 Estimated rent

    Home value

    $235,200

    $219,000 - $254,000

    $1,905/mo

    Zestimate® history
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    What's special

    UNIT FINISHES: -1 bedroom/ 1 bathroom -Laminate hardwood flooring throughout the main living areas -Tile flooring in the bathroom -Bedroom carpeted -Stunning views of downtown Minneapolis from the 15th floor -Balcony -Granite countertops -Stainless steel appliances -Upgraded fixtures -New in-unit washer/ dryer -Breakfast bar -Track lighting -Spacious open concept living and dining area -1 underground parking stall BUILDING AMENITIES: 24 hour concierge Contemporary lobby Underground parking Car wash bay State of the art fitness center Outdoor pool on rooftop with downtown views Sunbathing area BBQ grills Hot tub Sauna Men and Women's locker room 2 party rooms including one with a pool table Vending machines/ ATM On-site maintenance, management, and caretaking staff Package acceptance Mail room with outgoing mail TO VIEW PICTURES and INFORMATION ON THE BUILDING AMENITIES: Visit www.riverwestliving.com TO SET UP A SHOWING: Email: Our Craigslist email address Text: Telephone number listed (Please note, we must provide 24 hour notice to current resident) Must have good credit, no criminal background, positive rental references, and have a gross monthly income of at least $4500/ month. This unit is available for a May 1 move-in and requires a 12 month lease agreement with a required 60 day notice. The floor plan of the unit can and should be viewed at www.riverwestliving.com ? it is the 1D floor plan viewable under that tab of the website. The home is a 1 bedroom/ 1 bathroom home that is 700 square feet. The monthly rent for the home is $1550/ month with a required deposit of $1550 that is fully refundable. There is also an application fee of $55 - $70 (depending on whether you have lived out of state within the last 10 years, and a move-in / out fee of $300 ? $150 due at move-in and the other $150 due prior to move-out. 1 dog is accepted in this unit for an additional $50/ month pet fee or a $400 pet deposit and $10/ month pet fee. This unit includes gas, AC, water, sewer, trash, basic cable, 1 parking stall, and 1 storage space. The Tenant would be responsible for paying electric and internet. Second stalls are based on the ability to rent from another owner in the building, or nearby contract parking options. (Second stalls typically are $125/ month - $165/ month depending on whether the parking is in the building or nearby)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 700 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Carport, Garage - Attached, On-street
    Features
    • Exterior features: Stone, Brick
    • On waterfront: Yes
    Lot
    • Size: 1.63 Acres
    Details
    • Parcel number: 2302924310390

    Construction

    Type & style
    • Home type: Condo
    Materials
    • concrete
    • Roof: Other
    Condition
    • Year built: 1989

    Community & HOA

    Community
    • Features: Fitness Center
    HOA
    • Has HOA: Yes
    • HOA fee: $484 monthly
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $336/sqft
    • Tax assessed value: $219,000
    • Annual tax amount: $3,257

    Price history

    DateEventPrice
    4/16/2026Sold$235,000+14587.5%$336/sqft
    Source: Public Record Report a problem
    3/8/2017Listing removed$1,550$2/sqft
    Source: TBW Report a problem
    2/24/2017Listed for rent$1,550-3.1%$2/sqft
    Source: TBW Report a problem
    9/15/2016Sold$1,600+0.3%$2/sqft
    Source: Agent Provided Report a problem
    9/13/2016Listing removed$1,600+0.3%$2/sqft
    Source: Downtown Resource Group, LLC #4735492 Report a problem
    9/1/2015Sold$1,595-99.2%$2/sqft
    Source: Agent Provided Report a problem
    8/27/2015Listing removed$1,595$2/sqft
    Source: Downtown Resource Group, LLC #4628084 Report a problem
    7/28/2015Listed for rent$1,595$2/sqft
    Source: Downtown Resource Group, LLC #4628084 Report a problem
    8/15/2013Listing removed$1,595$2/sqft
    Source: Downtown Resource Group, LLC #4396253 Report a problem
    7/30/2013Listed for rent$1,595$2/sqft
    Source: Downtown Resource Group, LLC #4396253 Report a problem
    6/19/2006Sold$205,550$294/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,257 +6.7%$219,000
    2024$3,054 +4.1%$219,000 -5.6%
    2023$2,934 -14.5%$232,000 +4%
    2022$3,430 +3.6%$223,000 -9.9%
    2021$3,311 -7.7%$247,500
    2020$3,587 +8.4%$247,500
    2019$3,311 -7.7%$247,500 +4%
    2018$3,587 +7.3%$238,000 +17.2%
    2017$3,343 +2%$203,000 +5.7%
    2016$3,277 +7.3%$192,000 +7.3%
    2015$3,054 +2.2%$179,000 +14.4%
    2014$2,989 +6.1%$156,500
    2013$2,818 -0.6%$156,500 -3.1%
    2012$2,834 +4.8%$161,500
    2011$2,703 +8.2%$161,500 -5.6%
    2010$2,498 -8.2%$171,000 -7.1%
    2009$2,721 $184,000
    Find assessor info on the county website

    Neighborhood: Downtown West

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 1 - Minneapolis

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $235,200
    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
    $235,200