Lori Gustafson

401 S 1st Street # 1023

Minneapolis, MN
$ 420,000 Beds 2 Baths 2 Sq 1,358
Monthly Estimate* How much can I afford?

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.

Single Family

  • Price
  • $ 420,000
  • City
  • Minneapolis
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Cic 1487 Riverwest Condo
  • Lot Size
  • Zip
  • 55401
  • Sqr Footage
  • 1,358
  • Year Built
  • 1989
  • Taxes
  • $ 5660
  • Style
  • (CC) High Rise (4+ Levels)
  • MLS#
  • 7102834
Listed By: Lakes Sotheby's International Realty
Data Source: Northstar MLS (NSTAR)

Features

General

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/3/2026 Listed $435,000
9/8/2026 4% - $420,000

Property vs Zip Code Average in 55401

Price
AVG $620K
$420K
Taxes
AVG $9,305
$5,660
Year Built
AVG 1970
1989
Visits
AVG 159
47
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

401 S 1st Street # 1023 Minneapolis, MN is a Single Family Home for sale at $420000 with 1358 sqft and a lot size of Acre(s). 401 S 1st Street # 1023 Minneapolis has 2 bedrooms, 2 baths and was built in 1989. The property's zip code is 55401 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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