Discover this 2-bedroom, 2-bathroom condo featuring a large den—perfect for use as a home office or easily converted into a third bedroom—in the heart of the vibrant North Loop, known as "the hottest neighborhood in town" (as featured in Mpls St. Paul Magazine).
With walkability to everything, this home offers access to some of the city’s best amenities, parks, and restaurants. Enjoy the Mississippi Walking Trail just a block away, with scenic paths that stretch to Minnehaha Park, Boom Island, Nicollet Island, and the Stone Arch Bridge—perfect for year-round strolling, jogging, biking, and cross-country skiing. The North Loop Playground and nearby Theodore Wirth Park provide additional outdoor fun for all seasons.
This condo offers the convenience of two heated interior garage spaces, large storage cabinets, and bike racks with room for strollers or joggers. A full-size exercise gym in the building adds to the ease of living. Recent upgrades include new carpet and refinished wood floors (Oct '24), plus updated common areas with new carpet, sconces, and fresh paint (2023). The kitchen features a stainless steel backsplash installed in 2021.
The association fee covers air conditioning, heat, internet, cable TV, and more, ensuring a worry-free lifestyle. This condo is just steps from top local eateries, including Spoon and Stable, Maison Margaux, Bar La Grassa, Owamni, and more. With quick access to Target Field, the Mill City Farmers Market, Light Rail, and Minneapolis Orchestra Hall, you’ll experience the best the city has to offer right at your doorstep.
Don't miss your chance to live in this sought-after neighborhood!
Closed
$540,000
408 N 1st St APT 407, Minneapolis, MN 55401
2beds
2,042sqft
High Rise
Built in 2001
-- sqft lot
$550,400 Zestimate®
$264/sqft
$3,680 Estimated rent
Home value
$550,400
$501,000 - $605,000
$3,680/mo
Zestimate® history
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$4,433/mo
Est. payment
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$4,433/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Billy Pauling 952-261-9014,
Keller Williams Premier Realty Lake Minnetonka
Bought with:
Christopher J Friend
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6621395
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Main
- Area: 242 Square Feet
- Dimensions: 11 x 22
Bedroom 2
- Level: Main
- Area: 117 Square Feet
- Dimensions: 9 x 13
Bathroom
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11 x 10
Bathroom
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11 x 10
Family room
- Level: Main
- Area: 306 Square Feet
- Dimensions: 18 x 17
Kitchen
- Level: Main
- Area: 252 Square Feet
- Dimensions: 18 x 14
Laundry
- Level: Main
- Area: 112 Square Feet
- Dimensions: 8 x 14
Living room
- Level: Main
- Area: 165 Square Feet
- Dimensions: 11 x 15
Walk in closet
- Level: Main
- Area: 88 Square Feet
- Dimensions: 11 x 8
Heating
- Baseboard, Hot Water
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Refrigerator, Washer
- Laundry: In Unit
Features
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas, Living Room
Interior area
- Total structure area: 2,042
- Total interior livable area: 2,042 sqft
- Finished area above ground: 2,042
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Heated Garage, Underground
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: None
Lot
- Size: 0.52 Acres
Details
- Foundation area: 2042
- Parcel number: 2202924140317
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Condo
- Property subtype: High Rise
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 2001
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Security: Fire Sprinkler System
- Subdivision: Cic 1052 Lindsay Lofts Condo
HOA
- Has HOA: Yes
- Amenities included: Elevator(s), Fire Sprinkler System, Security Building
- Services included: Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Hazard Insurance, Heating, Internet, Maintenance Grounds, Professional Mgmt, Sanitation, Sewer, Shared Amenities, Snow Removal, Water
- HOA fee: $1,018 monthly
- HOA name: First Service Residential
- HOA phone: 952-277-2700
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $264/sqft
- Annual tax amount: $7,457
- Date on market: 1/23/2025
- Cumulative days on market: 197 days
Price history
| Date | Event | Price |
|---|---|---|
| 2/3/2025 | Sold | $540,000-1.8%$264/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6621395 Report a problem | ||
| 1/23/2025 | Pending sale | $550,000$269/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6621395 Report a problem | ||
| 12/23/2024 | Listing removed | $550,000$269/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6621395 Report a problem | ||
| 11/27/2024 | Price change | $550,000-5.2%$269/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6621395 Report a problem | ||
| 10/24/2024 | Listed for sale | $579,900-1.7%$284/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6621395 Report a problem | ||
| 8/30/2024 | Listing removed | $589,900$289/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6537516 Report a problem | ||
| 7/10/2024 | Price change | $589,900-1.7%$289/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6537516 Report a problem | ||
| 5/17/2024 | Listed for sale | $599,900+3.4%$294/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6537516 Report a problem | ||
| 6/13/2019 | Sold | $580,000$284/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5220612 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: North Loop
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Nearby schools
GreatSchools rating
- 2/10Webster ElementaryGrades: PK-5Distance: 0.9 mi
- 2/10Northeast Middle SchoolGrades: 6-8Distance: 3 mi
- 4/10Edison Senior High SchoolGrades: 9-12Distance: 1.8 mi
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Estimated market value
$550,400
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Estimated market value
$550,400
- Minnesota
- Hennepin County
- Minneapolis
- 55401
- North Loop
- 408 N 1st St Apartment 407
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