Lori Gustafson

716 N 1st Street # 534

Minneapolis, MN
$ 380,000 Beds 2 Baths 1 Sq 1,540
Monthly Estimate* How much can I afford?

What a special property in the Itasca Lofts. Years ago, it was featured in the Minneapolis-St Paul Magazine. It was designed by Playwright John W. Fenn. It was described then as a very unique and authentic loft with character and charm seldom seen. It has walls of brick, a fireplace, hardwood floors and a balcony overlooking the river valley to enjoy the change of seasons. Two bedrooms and anoffice/den, very nice dining area, in unit laundry and a much sought after underground parking soace as well. Connected by a tunnel, the parking space makes this unit very special. Top all this off with the Loop Coffee Shop, Sticks Restaurant and the Acme Comedy Club being right in the same building. Or for fun, stroll down to the Gutherie Theater, The Stone Arch Bridge and all the excitment of the Warehouse district. You have great access to the Ground Rounds trail system, so head out to Nicollet Island, Minnehaha Falls and all the Lakes and parks that make this area so spacial.

Single Family

  • Price
  • $ 380,000
  • City
  • Minneapolis
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Cic 0313 The Itasca Condos
  • Lot Size
  • Zip
  • 55401
  • Sqr Footage
  • 1,540
  • Year Built
  • 1900
  • Taxes
  • $ 6760
  • Style
  • (CC) High Rise (4+ Levels)
  • MLS#
  • 7113922
Listed By: Keller Williams Premier Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1540
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Flat
Appliances Cooktop,Dishwasher,Disposal,Dryer,Range,Refrigerator,Washer
HOA Fee 1223
Garage Spaces 1
Association Fee Includes Building Exterior,Cable TV,Controlled Access,Hazard Insurance,Heating,Internet,Lawn Care,Maintenance Grounds,Parking,Professional Mgmt,Shared Amenities,Snow Removal,Water
Pool Features None
Construction Materials Block
Year Built 1900
Levels One
Unit Number 534
Property Subtype (CC) High Rise (4+ Levels)
Tax Year 2026
Accessibility None
Assoc Fee Paid Per Monthly
County Hennepin
New Construction No
Property Type Residential
Association Amenities Elevator(s),Fire Sprinkler System
HOA Yes
Contingency None
Subdivision Name Cic 0313 The Itasca Condos
Full Baths 1
Directions Hennepin to 1st Street W 1/2 mile on north side of Street
City Minneapolis
Association Name First Service Residential
High School District Minneapolis
Zoning Description Residential-Single Family
Lot Size Units Square Feet
Property Attached Y/N Yes
Land Lease Y/N No
Tax Annual Amount 6760
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Balcony,City View,Hardwood Floors,Hot Tub,Main Floor Primary Bedroom,Natural Woodwork,Security System,Vaulted Ceiling(s),Washer/Dryer Hookup
PostalCity Minneapolis

Interior Features

Basement None
Total Fireplaces 1
Fireplace Features Living Room,Wood Burning
Basement (Y/N) No
Fireplace Y/N Yes
Above Grade Finished Area 1540
Laundry Features In Unit
Total Bedrooms 2
Total Baths 1
Bath Desc Main Floor Full Bath,Separate Tub & Shower
Dining Room Description Informal Dining Room,Living/Dining Room
Fuel Natural Gas
Garage Square Feet 162

Exterior Features

Fencing None
Parking Features Assigned,Attached Garage,Covered,Garage Door Opener,Secured
Water Source City Water/Connected
Building Area Total 1540
Lot Dimensions Common
Waterfront Y/N No
Foundation Area 1540
Road Frontage Type City Street,Curbs,Sidewalks

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

7/22/2026 Listed $380,000

Property vs Zip Code Average in 55401

Price
AVG $610K
$380K
Taxes
AVG $9,256
$6,760
Year Built
AVG 1971
1900
Visits
AVG 160
47
Data Provided by Inside Real Estate®

Areas That We Cover

716 N 1st Street # 534 Minneapolis, MN is a Single Family Home for sale at $380000 with 1540 sqft and a lot size of Acre(s). 716 N 1st Street # 534 Minneapolis has 2 bedrooms, 1 baths and was built in 1900. 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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