Lori Gustafson

15 S 1st Street # A414

Minneapolis, MN
$ 118,900 Beds 0 Baths 1 Sq 472
Monthly Estimate* How much can I afford?

Experience downtown living at its finest, and own a piece of history! Designed by New York architect John Pruyn, and built in 1965, River Towers is a Minneapolis modernist gem, and was a major part of the Gateway Center redevelopment area at the time of completion. Located just a stones-throw from the banks of the Mississippi River, this studio condo offers central city living with easy access to conveniences on both sides of the river, including restaurants, bike/jogging paths, and transportation. Situated on the 4th floor of the A Building, the condo has great natural light, treetop views, and faces the central courtyard that was overhauled by Gar Hargins of Close Architects, which is one of the largest green-spaces in all of Downtown. The condo has been freshly painted and boasts updated kitchen countertops. Enjoy the abundant building amenities, including swimming pool, pickle ball/tennis courts, central courtyard with barbecues, sauna, fitness centers, communal library/business center, reservable party room, and a rooftop terrace with some of the best views in all of Minneapolis. Guest suites are available for up to 10 days. Parking (outdoor or heated indoor) is available with a short waitlist, but guaranteed. Don’t miss your opportunity to call River Towers your home.

Single Family

  • Price
  • $ 118,900
  • City
  • Minneapolis
  • Bedrooms
  • 0
  • Full Bathrooms
  • 1
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Condo 0023 River Towers Condo
  • Lot Size
  • 3.825 Acres
  • Zip
  • 55401
  • Sqr Footage
  • 472
  • Year Built
  • 1965
  • Taxes
  • $ 1428
  • Style
  • (CC) High Rise (4+ Levels)
  • MLS#
  • 7104940
Listed By: Anderson Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 472
Sewer City Sewer/Connected
Heating Radiator
Cooling Central Air
Roof Age Over 8 Years,Flat
Appliances Dishwasher,Freezer,Range,Refrigerator
HOA Fee 501.71
Association Fee Includes Air Conditioning,Building Exterior,Controlled Access,Hazard Insurance,Heating,Lawn Care,Maintenance Grounds,Professional Mgmt,Security Staff,Security System,Shared Amenities,Snow Removal
Pool Features Below Ground,Outdoor,Shared
Year Built 1965
Electric Circuit Breakers
Levels One
Unit Number A414
Property Subtype (CC) High Rise (4+ Levels)
Tax Year 2025
Accessibility None
Assoc Fee Paid Per Monthly
County Hennepin
New Construction No
Property Type Residential
Association Amenities Guard - 24 Hour,Car Wash,Laundry,Common Garden,Concrete Floors & Walls,Elevator(s),Lobby Entrance,Sauna,Security Building,Tennis Courts
HOA Yes
Contingency None
Subdivision Name Condo 0023 River Towers Condo
Full Baths 1
Directions Washington to Marquette-North to 1st Street left Towers are on left corner.
City Minneapolis
Association Name Sudler Property Managment
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 1428
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
PostalCity Minneapolis

Interior Features

Basement Shared Access,Storage/Locker
Basement (Y/N) No
Fireplace Y/N No
Above Grade Finished Area 472
Laundry Features Lower Level,Laundry Room
Total Baths 1
Bath Desc Main Floor Full Bath
Dining Room Description Breakfast Bar
Fuel Electric,Natural Gas

Exterior Features

Parking Features Underground
Water Source City Water/Connected
Lot Size Area 3.825
Building Area Total 472
Lot Dimensions Common
Waterfront Y/N No
Foundation Area 10000
Road Frontage Type City Street
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
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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

7/21/2026 Listed $118,900

Property vs Zip Code Average in 55401

Price
AVG $610K
$120K
Taxes
AVG $9,256
$1,428
Year Built
AVG 1971
1965
Visits
AVG 160
62
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

15 S 1st Street # A414 Minneapolis, MN is a Single Family Home for sale at $118900 with 472 sqft and a lot size of 3.825 Acres Acre(s). 15 S 1st Street # A414 Minneapolis has 0 bedrooms, 1 baths and was built in 1965. 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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