Lori Gustafson

401 S 1st Street # 623

Minneapolis, MN
$ 389,900 Beds 2 Baths 2 Sq 1,358 Virtual Tour
Monthly Estimate* How much can I afford?

Gorgeous views of the city skyline and Mississippi riverfront from this updated 2BR, 2BA w/1pkg. Steps away from the historic Stone Arch Bridge, Gold Medal Park, Guthrie Theater, and towering over the new plaza and restaurant. Updated kitchen with granite countertops and stainless steel appliances, living room area with hardwood floors. Master suite features French doors at entrance, updated dual vanity in bathroom and walk-in closet.

Single Family

  • Price
  • $ 389,900
  • City
  • Minneapolis
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Riverwest Condo
  • Lot Size
  • 1.625 Acres
  • Zip
  • 55401
  • Sqr Footage
  • 1,358
  • Year Built
  • 1989
  • Taxes
  • $ 5686
  • Style
  • (CC) High Rise (4+ Levels)
  • MLS#
  • 7139007
Listed By: DRG
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1358
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
HOA Fee 1016.38
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 Below Ground,Heated,Shared
Year Built 1989
Levels One
Unit Number 623
Property Subtype (CC) High Rise (4+ Levels)
Tax Year 2026
Waterfront Features River View
Accessibility Accessible Elevator Installed
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,Security Building
HOA Yes
Contingency None
Subdivision Name Riverwest Condo
Full Baths 2
Directions S 1st St
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 5686.66
Additional Parcels Y/N No
Virtual Tour https://riverwestliving.com/
Standard Status Active
Lender Owned No
PostalCity Minneapolis

Interior Features

Basement None
Basement (Y/N) No
Above Grade Finished Area 1358
Total Bedrooms 2
Total Baths 2
Fuel Natural Gas

Exterior Features

Parking Features Assigned,Attached Garage,Secured
Water Source City Water/Connected
Lot Size Area 1.625
Building Area Total 1358
Waterfront Y/N No
Foundation Area 1358

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

9/4/2026 Listed $389,900

Property vs Zip Code Average in 55401

Price
AVG $610K
$390K
Taxes
AVG $9,256
$5,686
Year Built
AVG 1971
1989
Visits
AVG 160
22
Data Provided by Inside Real Estate®

Areas That We Cover

401 S 1st Street # 623 Minneapolis, MN is a Single Family Home for sale at $389900 with 1358 sqft and a lot size of 1.625 Acres Acre(s). 401 S 1st Street # 623 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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