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Sold for $410,000
  • $410,000

    401 1st St S #1602, Minneapolis, MN 55401

    2beds
    2baths
    1,264sqft
    Apartment
    Built in 1989
    -- sqft lot
    $415,900 Zestimate®
    $324/sqft
    $3,520 Estimated rent

    Home value

    $415,900

    $378,000 - $453,000

    $3,520/mo

    Zestimate® history
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    $3,520/mo

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    $3,520/mo

    Rent Zestimate®

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    $3,060/mo

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    $3,060/mo

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    What's special

    Stunning condo with beautiful river views from the 16th floor of RiverWest Condominiums in the Mill District! This home does accept 1 dog with an additional $50/ month pet rent and $500 deposit of which $150 is non-refundable for a required carpet cleaning at move-out. This home is available for move-in June 1, with a 12 month lease agreement, and 60 day required notice. This home features laminate hardwood flooring throughout the main living areas, granite countertops, stainless steel appliances, track lighting, breakfast bar, open floorplan, split bedrooms, two full bathrooms, nearly new carpeting in bedrooms, walk-in closet, in unit washer/ dryer, balcony with views of the river/ St. Anthony Main, 2 parking stalls, and 1 storage space. The building has a fitness center, two party rooms, an outdoor pool, a rooftop terrace with barbeque grills, controlled entry, a car wash bay, a sauna, and hot tub. (Amenities are still gradually re-opening in light of Covid-19). Rent includes gas, AC, water, sewer, trash, basic cable, internet, 1 parking stall, and 1 storage space. Tenants are only responsible for electric which is approximately $40 - $50/ month on average. Tenant must pay the required $300 non-refundable building move-in/ move-out fee with first month rent. The application process is done online through a third party company; the application fee is $55.50/ adult $70.50/ adult if you have lived out of state in the last 10 years! Contact for additional information or to set up a showing! We must provide 24 hour notice to show the home. INCLUDED IN THE RENT: Gas, AC, water, sewer, trash, basic cable, internet, 2 parking stalls, and 1 storage space. TENANT PAYS: Electric

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Forced air
    Cooling
    • Other
    Appliances
    • Included: Dryer, Washer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 1,264 sqft

    Property

    Parking
    • Parking features: Garage - Detached, Off-street
    Features
    • Exterior features: Stone, Brick
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 1.59 Acres
    Details
    • Parcel number: 2302924310395

    Construction

    Type & style
    • Home type: Apartment
    Materials
    • concrete
    • Roof: Built-up
    Condition
    • New construction: No
    • Year built: 1989

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $484 monthly
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $324/sqft
    • Tax assessed value: $387,000
    • Annual tax amount: $5,777

    Price history

    DateEventPrice
    3/12/2025Sold$410,000-7.9%$324/sqft
    Source: Public Record Report a problem
    4/9/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    4/2/2021Listed for rent$2,395$2/sqft
    Source: Zillow Rental Manager Report a problem
    11/19/2018Listing removed$445,000$352/sqft
    Source: National Realty Guild #4977521 Report a problem
    10/19/2018Price change$445,000-2.2%$352/sqft
    Source: National Realty Guild #4977521 Report a problem
    8/17/2018Price change$455,000-2.3%$360/sqft
    Source: National Realty Guild #4977521 Report a problem
    7/25/2018Price change$465,750-1.9%$368/sqft
    Source: National Realty Guild #4977521 Report a problem
    7/18/2018Listed for sale$474,975+17.9%$376/sqft
    Source: National Realty Guild #4977521 Report a problem
    4/18/2006Sold$402,894$319/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,777 +6.4%$387,000
    2024$5,431 +4.3%$387,000 -5.8%
    2023$5,206 -11.3%$411,000 +4.3%
    2022$5,872 +3.6%$394,000 -6.6%
    2021$5,668 -7.7%$422,000
    2020$6,141 +8.3%$422,000
    2019$5,668 -7.7%$422,000 +3.9%
    2018$6,141 +7.2%$406,000 +19.8%
    2017$5,726 +9.2%$339,000 +5.8%
    2016$5,245 +2.9%$320,500 +7.4%
    2015$5,097 +5.4%$298,500 +14.4%
    2014$4,835 +7.9%$261,000
    2013$4,482 -0.9%$261,000 -3%
    2012$4,521 +3.4%$269,000
    2011$4,373 +7.8%$269,000 -5.8%
    2010$4,056 -8.8%$285,500 -7%
    2009$4,445 $307,000
    Find assessor info on the county website

    Neighborhood: Downtown West

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $415,900
    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
    $415,900