Lori Gustafson

401 S 1st Street # 720

Minneapolis, MN
$ 237,500 Beds 1 Baths 1 Sq 695
Monthly Estimate* How much can I afford?

This River West condo has it all, starting with amazing skyline views and one of the only full-width balconies in the building, offering nearly twice the outdoor space of other units. Inside, you’ll find new flooring throughout and an open, inviting floor plan. The kitchen features maple cabinetry, black granite countertops and updated stainless steel appliances. The spacious bedroom includes a walk-in closet, while the bathroom features a wonderfully tiled tub surround with niche. Additional storage is plentiful with a pantry, in-unit washer and dryer closet, and a dedicated storage unit conveniently located just down the hall on the same floor. A heated, attached parking space is also included. Building amenities include an outdoor pool, and grilling area, hot tub, sauna, fitness center, party room with pool table and kitchen, and a banquet room with kitchen. Right outside your doorstep there is the new mill city Water Works and Mississippi Riverfront offering miles of trails, green space, lawn games, fire pits and gathering areas, while nearby restaurants, bars, coffee shops and fitness options make it easy to enjoy the best of downtown living. The Mill District, Stone Arch Bridge and North Loop are all just a short walk away.

Single Family

  • Price
  • $ 237,500
  • City
  • Minneapolis
  • Bedrooms
  • 1
  • Full Bathrooms
  • 1
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Cic 1487 Riverwest Condo
  • Lot Size
  • 1.624 Acres
  • Zip
  • 55401
  • Sqr Footage
  • 695
  • Year Built
  • 1989
  • Taxes
  • $ 3266
  • Style
  • (CC) High Rise (4+ Levels)
  • MLS#
  • 7126416
Listed By: Bridge Realty, LLC
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 695
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Appliances Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Stainless Steel Appliances,Washer
HOA Fee 565
Garage Spaces 1
Association Fee Includes Air Conditioning,Building Exterior,Cable TV,Controlled Access,Gas,Hazard Insurance,Heating,Internet,Maintenance Grounds,Professional Mgmt,Sanitation,Security Staff,Security System,Sewer,Shared Amenit
Pool Features Heated,Outdoor
Year Built 1989
Levels One
Unit Number 720
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 Guard - 24 Hour,Lobby Entrance,Security Building
HOA Yes
Contingency None
Subdivision Name Cic 1487 Riverwest Condo
Full Baths 1
Directions 3rd Avenue S to S 1st Street,East to building. The guest parking entrance is to the west of the main door.
City Minneapolis
Association Name Sudler
High School District Minneapolis
Zoning Description Residential-Multi-Family
Lot Size Units Acres
Property Attached Y/N Yes
Land Lease Y/N No
Tax Annual Amount 3266
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Balcony,City View,Hardwood Floors,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 695
Total Bedrooms 1
Total Baths 1
Bath Desc Full Primary,Main Floor Full Bath
Dining Room Description Breakfast Bar,Informal Dining Room
Fuel Natural Gas

Exterior Features

Parking Features Heated Garage,Underground
Water Source City Water/Connected
Lot Size Area 1.624
Building Area Total 695
Lot Dimensions 93x107x250x25x265x165x356
Waterfront Y/N No
Foundation Area 695

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

8/13/2026 Listed $239,900
9/25/2026 2% - $237,500

Property vs Zip Code Average in 55401

Price
AVG $620K
$240K
Taxes
AVG $9,305
$3,266
Year Built
AVG 1970
1989
Visits
AVG 159
61
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

401 S 1st Street # 720 Minneapolis, MN is a Single Family Home for sale at $237500 with 695 sqft and a lot size of 1.624 Acres Acre(s). 401 S 1st Street # 720 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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