Lori Gustafson

901 N 3rd Street # 509

Minneapolis, MN
$ 314,900 Beds 1 Baths 1 Sq 1,008 Virtual Tour
Monthly Estimate* How much can I afford?

Discover authentic North Loop loft living in this bright top-floor 1-bedroom, 1-bath condo (1,008 sq ft) at the highly sought-after Bassett Creek Lofts, 901 N 3rd Street #509. This 1917 warehouse conversion features soaring ceilings, oversized windows flooding the space with natural light, exposed brick walls, and polished concrete floors throughout the open-concept layout. The well-appointed kitchen offers sleek countertops, stainless steel appliances, and an ideal setup for entertaining, while the generous primary bedroom provides ample closet space and the updated full bath delivers modern convenience. Large windows showcase pleasant city and neighborhood views, enhancing the bright, airy feel. Also included is the beautiful bookcase. The boutique 32-unit building (upper floors only) offers excellent amenities including a modern fitness center, party room, secure heated underground parking, additional storage, and elevator. Ideally located in the vibrant North Loop with unmatched walkability to restaurants, breweries, shops, Target Field, Mississippi River trails, light rail, and downtown. Recently sold comparables have closed anywhere from $330,000-$400,000. This move-in-ready home perfectly blends historic warehouse character with thoughtful modern updates—schedule your private showing today!

Single Family

  • Price
  • $ 314,900
  • City
  • Minneapolis
  • Bedrooms
  • 1
  • Full Bathrooms
  • 1
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Bassett Creek Lofts
  • Lot Size
  • Zip
  • 55401
  • Sqr Footage
  • 1,008
  • Year Built
  • 1917
  • Taxes
  • $ 4042
  • Style
  • (CC) High Rise (4+ Levels)
  • MLS#
  • 7116906
Listed By: DRG
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1008
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Appliances Cooktop,Dishwasher,Dryer,Exhaust Fan,Microwave,Range,Refrigerator,Washer
HOA Fee 689
Garage Spaces 1
Association Fee Includes Building Exterior,Hazard Insurance,Maintenance Grounds,Professional Mgmt,Sanitation,Shared Amenities
Pool Features None
Year Built 1917
Levels One
Unit Number 509
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 Concrete Floors & Walls,Elevator(s),Security Building
HOA Yes
Contingency None
Subdivision Name Bassett Creek Lofts
Full Baths 1
Directions North Washington Ave. to North 9th Ave,one block to North 3rd St. Main entrance at 9th & 3rd
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 4042.54
Additional Parcels Y/N No
Virtual Tour https://my.matterport.com/show/?m=HqqpxZeETvP&mls=1
Standard Status Active
Lender Owned No
Amenities Unit Kitchen Window,Washer/Dryer Hookup
PostalCity Minneapolis

Interior Features

Basement None
Basement (Y/N) No
Fireplace Y/N No
Above Grade Finished Area 1008
Total Bedrooms 1
Total Baths 1
Bath Desc Main Floor Full Bath
Fuel Natural Gas

Exterior Features

Fencing None
Parking Features Covered,Heated Garage,Underground
Lot Features Public Transit (w/in 6 blks)
Water Source City Water/Connected
Building Area Total 1008
Lot Dimensions IRREGULAR
Waterfront Y/N No
Foundation Area 1008
Road Frontage Type City Street,Curbs,Paved Streets,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
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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

7/27/2026 Listed $314,900

Property vs Zip Code Average in 55401

Price
AVG $610K
$310K
Taxes
AVG $9,256
$4,042
Year Built
AVG 1971
1917
Visits
AVG 160
43
Data Provided by Inside Real Estate®

Areas That We Cover

901 N 3rd Street # 509 Minneapolis, MN is a Single Family Home for sale at $314900 with 1008 sqft and a lot size of Acre(s). 901 N 3rd Street # 509 Minneapolis has 1 bedrooms, 1 baths and was built in 1917. 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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