Lori Gustafson

401 S 1st Street # 1702

Minneapolis, MN
$ 500,000 Beds 2 Baths 2 Sq 1,264
Monthly Estimate* How much can I afford?

Exceptional Corner Unit in an Unbeatable Riverfront Location! Beautifully updated condo with sweeping river views, and a split-bedroom floor plan offering privacy. The remodeled kitchen opens to the spacious living and dining areas which open to a private balcony overlooking the river. This move-in-ready home includes two parking stalls and a large storage locker. Updates include paint throughout, luxury vinyl plank flooring, new carpet in both bedrooms, smooth ceilings, premium door hardware, marble window ledges, custom closet organization systems, and a stacked washer and dryer. Features include a granite-topped half wall separating the primary suite from the living area and a stylish built-in bar with a wine refrigerator, glass shelving, generous cabinetry, and countertop space. Both bathrooms have been tastefully updated. Fabulous building amenities including a pool, 24 hour staffing, onsite management, guest parking, dog run and social rooms. Wonderful Mill District location!

Single Family

  • Price
  • $ 500,000
  • City
  • Minneapolis
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Cic 1487 Riverwest Condo
  • Lot Size
  • Zip
  • 55401
  • Sqr Footage
  • 1,264
  • Year Built
  • 1989
  • Taxes
  • $ 3127
  • Style
  • (CC) High Rise (4+ Levels)
  • MLS#
  • 7107617
Listed By: Edina Realty, Inc.
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1264
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Appliances Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Washer,Wine Cooler
HOA Fee 965
Garage Spaces 2
Association Fee Includes Air Conditioning,Building Exterior,Cable TV,Gas,Hazard Insurance,Heating,Internet,Maintenance Grounds,Parking,Professional Mgmt,Recreation Facility,Sanitation,Sewer,Shared Amenities,Snow Removal,Wate
Year Built 1989
View Panoramic,River
Levels One
Unit Number 1702
Property Subtype (CC) High Rise (4+ Levels)
Tax Year 2026
Waterfront Features River Front
Accessibility None
Assoc Fee Paid Per Monthly
County Hennepin
New Construction No
Property Type Residential
Association Amenities Guard - 24 Hour,Car Wash,Common Garden,Deck,Elevator(s),Hot Tub,Lobby Entrance,Other,Patio,Sauna,Security Building
HOA Yes
Contingency None
Subdivision Name Cic 1487 Riverwest Condo
Full Baths 2
Directions 1st Street South between 3rd and 5th Ave
City Minneapolis
Association Name Sudler
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 3127
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Balcony,Cable,City View,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Panoramic View,Washer/Dryer Hookup,Walk-In Closet
PostalCity Minneapolis

Interior Features

Basement None
Basement (Y/N) No
Fireplace Y/N No
Above Grade Finished Area 1264
Total Bedrooms 2
Total Baths 2
Bath Desc Full Primary,Main Floor Full Bath
Fuel Natural Gas

Exterior Features

Parking Features Attached Garage,Heated Garage
Water Source City Water/Connected
Building Area Total 1264
Waterfront Y/N Yes
Foundation Area 1264

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

7/10/2026 Listed $500,000

Property vs Zip Code Average in 55401

Price
AVG $620K
$500K
Taxes
AVG $9,305
$3,127
Year Built
AVG 1970
1989
Visits
AVG 159
69
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

401 S 1st Street # 1702 Minneapolis, MN is a Single Family Home for sale at $500000 with 1264 sqft and a lot size of Acre(s). 401 S 1st Street # 1702 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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