Lori Gustafson

401 S 1st Street # 708

Minneapolis, MN
$ 239,900 Beds 1 Baths 1 Sq 832
Monthly Estimate* How much can I afford?

Riverwest one-bedroom just steps from the Mississippi Riverfront in the Mill District. This south-facing residence is filled with natural light and offers sweeping views of the downtown Minneapolis skyline, creating a bright living space that captures both sunsets and evening city lights. Enjoy skyline views from the private balcony and the convenience of RiverWest’s full suite of amenities, including an outdoor pool, fitness center, dog park, guest parking, and more. Located within walking distance of the Mississippi River, Stone Arch Bridge, Nicollet Island, the Guthrie Theater, and some of the Twin Cities’ best dining.

Single Family

  • Price
  • $ 239,900
  • City
  • Minneapolis
  • Bedrooms
  • 1
  • Full Bathrooms
  • 1
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Riverwest
  • Lot Size
  • 0.02 Acres
  • Zip
  • 55401
  • Sqr Footage
  • 832
  • Year Built
  • 1989
  • Taxes
  • $ 3499
  • Style
  • (CC) High Rise (4+ Levels)
  • MLS#
  • 7119752
Listed By: DRG
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 832
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Appliances Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
HOA Fee 645
Garage Spaces 1
Association Fee Includes Air Conditioning,Building Exterior,Cable TV,Heating,Internet,Lawn Care,Maintenance Grounds,Parking,Professional Mgmt,Sanitation,Sewer,Shared Amenities,Snow Removal,Water
Pool Features Outdoor,Shared
Construction Materials Block,Frame
Year Built 1989
Topography Level
Levels One
Unit Number 708
Property Subtype (CC) High Rise (4+ Levels)
Tax Year 2026
Accessibility Accessible Elevator Installed,No Stairs Internal
Assoc Fee Paid Per Monthly
County Hennepin
New Construction No
Property Type Residential
Association Amenities Guard - 24 Hour,Car Wash,Elevator(s),Fire Sprinkler System,Hot Tub,Patio,Sauna
HOA Yes
Contingency None
Subdivision Name Riverwest
Full Baths 1
Directions From Washington Ave,North on 3rd Ave S,East on S 1st St.
City Minneapolis
Association Name Sudler Management
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 3499.38
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Balcony,City View,Kitchen Center Island,Primary Bedroom Walk-In Closet,Washer/Dryer Hookup,Walk-In Closet
PostalCity Minneapolis

Interior Features

Basement Other
Basement (Y/N) No
Above Grade Finished Area 832
Laundry Features Laundry Closet,In Unit
Total Bedrooms 1
Total Baths 1
Bath Desc Main Floor Full Bath
Dining Room Description Living/Dining Room
Fuel Natural Gas

Exterior Features

Parking Features Assigned,Attached Garage,Heated Garage
Lot Features Public Transit (w/in 6 blks),Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.02
Building Area Total 832
Waterfront Y/N No
Foundation Area 832
Road Frontage Type Curbs,Paved Streets,Sidewalks
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

7/31/2026 Listed $259,900
8/28/2026 8% - $239,900

Property vs Zip Code Average in 55401

Price
AVG $610K
$240K
Taxes
AVG $9,256
$3,499
Year Built
AVG 1971
1989
Visits
AVG 160
59
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

401 S 1st Street # 708 Minneapolis, MN is a Single Family Home for sale at $239900 with 832 sqft and a lot size of 0.02 Acres Acre(s). 401 S 1st Street # 708 Minneapolis has 1 bedrooms, 1 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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