Price Reduction - Short Sale
Address
401 S 1st Street # 1023, Minneapolis, MN
Price
$ 420,000
Property Attributes
  • ID#7102834
  • TypeSingle Family
  • Listing Status Active
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaCic 1487 Riverwest Condo
  • NeighborhoodCic 1487 Riverwest Condo
  • Zip55401
  • Style(CC) High Rise (4+ Levels)
  • Year Built1989
  • Taxes$ 5660
  • Price$ 420,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1358
Data Source:
Northstar MLS (NSTAR)
Property Description

This tenth floor RiverWest home is all about the view: downtown Minneapolis skyline on one side, the Mississippi River and Third Avenue Bridge on the other, both framed from your own private balcony. Inside, the open concept layout is dialed in with granite counters, stainless steel appliances, a breakfast bar, and hardwood floors through the main living space, plus a generous walk-in closet with custom built-ins. You'll also get in-unit laundry, a private storage locker, and a deeded garage parking space. Monthly dues cover cable and internet, and residents get the full run of RiverWest's amenities: rooftop pool, sauna, whirlpool, fitness center, club rooms, and 24-hour front desk staff. It's all moments from the Guthrie Theater, Mill City Museum, and North Loop restaurants, right on the river.

Price History
8/3/2026 Listed $435,000
9/8/2026 4$420,000

General Features

Living Area 1358
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Flat
Appliances Dishwasher,Dryer,Microwave,Range,Refrigerator,Stainless Steel Appliances,Washer
HOA Fee 1016.38
Garage Spaces 1
Association Fee Includes Air Conditioning,Building Exterior,Cable TV,Gas,Hazard Insurance,Heating,Internet,Lawn Care,Maintenance Grounds,Parking,Professional Mgmt,Sanitation,Security Staff,Security System,Sewer,Shared Amenit
Pool Features Below Ground,Heated,Outdoor,Shared
Year Built 1989
Levels One
Unit Number 1023
Property Subtype (CC) High Rise (4+ Levels)
Tax Year 2026
Accessibility Accessible Elevator Installed
Assoc Fee Paid Per Monthly
County Hennepin
New Construction No
Property Type Residential
Association Amenities Guard - 24 Hour,Car Wash,Elevator(s),Hot Tub,Lobby Entrance,Sauna,Security Building
HOA Yes
Contingency None
Subdivision Name Cic 1487 Riverwest Condo
Full Baths 2
Directions 3rd Ave N to 1st Ave S turn right and building is on right hand side.
City Minneapolis
Association Name First Service Residential
High School District Minneapolis
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N Yes
Land Lease Y/N No
Tax Annual Amount 5660
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Balcony,Cable,City View,French Doors,Hardwood Floors,Primary Bedroom Walk-In Closet,Panoramic View,Tile Floors,Washer/Dryer Hookup,Walk-In Closet
PostalCity Minneapolis

Interior Features

Basement None
Basement (Y/N) No
Fireplace Y/N No
Above Grade Finished Area 1358
Laundry Features Laundry Closet,In Unit
Total Bedrooms 2
Total Baths 2
Bath Desc Double Sink,Full Primary,Private Primary,Main Floor Full Bath
Dining Room Description Breakfast Bar,Eat In Kitchen,Informal Dining Room,Living/Dining Room
Fuel Natural Gas

Exterior Features

Fencing None
Parking Features Assigned,Guest Parking,Heated Garage,Underground
Water Source City Water/Connected
Building Area Total 1358
Lot Dimensions Common
Waterfront Y/N No
Foundation Area 1358
Road Frontage Type City Street,Curbs,Paved Streets,Sidewalks,Street Lights
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 55401

Price
AVG $600K
$420K
Taxes
AVG $8,945
$5,660
Year Built
AVG 1971
1989
Visits
AVG 161
37
Data Provided by Inside Real Estate®

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