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
Taxes
Year Built
Visits
In The Neighborhood
Just Listed
Minneapolis
$ 387,500
- Type
- Single Family
- Size
- 1,358 SqFt
- Rooms
- 2 Beds + 2 Baths
Edina Realty, Inc.
Reduced
Minneapolis
$ 257,500
- Type
- Single Family
- Size
- 860 SqFt
- Rooms
- 1 Beds + 1 Baths
Edina Realty, Inc.
Waterfront
Minneapolis
$ 239,900
- Type
- Single Family
- Size
- 695 SqFt
- Rooms
- 1 Beds + 1 Baths
Bridge Realty, LLC
Waterfront
Minneapolis
$ 500,000
- Type
- Single Family
- Size
- 1,264 SqFt
- Rooms
- 2 Beds + 2 Baths
Edina Realty, Inc.
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