Lori Gustafson

401 S 1st Street # 601

Minneapolis, MN
$ 387,500 Beds 2 Baths 2 Sq 1,358
Monthly Estimate* How much can I afford?

Live in the Heart of Minneapolis with Iconic River Views! Welcome to this beautifully updated 2-bedroom corner condo in the sought-after RiverWest building, located in the Mill City District—one of the most iconic and walkable areas of Minneapolis. Enjoy breathtaking views of both the Mississippi River and downtown skyline from your private balcony, including a direct line of sight to St. Anthony Falls and the completed Waterworks Park right across the street! This spacious, light-filled home features a 2018 remodel with luxury vinyl plank flooring, plush carpet, and elegant finishes throughout. The kitchen is equipped with granite countertops, a stone backsplash, stainless steel appliances, luxurious cabinetry, a walk-in pantry, and in-unit laundry. The large primary bedroom includes a walk-through closet with custom wood built-ins and a private ensuite bath with walk-in shower and vanity. The versatile second bedroom is perfect as a guest room, home office, or expanded living area. Two parking spaces are also included with the unit. RiverWest offers full-service amenities: outdoor pool and sundeck with fireplace and grills, fitness center, whirlpool, sauna, club room with kitchen and pool table, pet exercise area, and 24-hour front desk staff. This condo also includes underground parking spaces, car wash bay, and indoor guest parking. Step outside to everything Minneapolis has to offer—just blocks from the Stone Arch Bridge, US Bank Stadium, Light Rail, theaters, shopping, restaurants, bars, and miles of bike and walking trails. Don’t miss this true gem in one of the city's most vibrant neighborhoods. Schedule your tour today!

Single Family

  • Price
  • $ 387,500
  • City
  • Minneapolis
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Cic 1487 Riverwest Condo
  • Lot Size
  • 0.031175 Acres
  • Zip
  • 55401
  • Sqr Footage
  • 1,358
  • Year Built
  • 1989
  • Taxes
  • $ 5443
  • Style
  • (CC) High Rise (4+ Levels)
  • MLS#
  • 7146961
Listed By: Edina Realty, Inc.
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1358
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Appliances Dishwasher,Disposal,Dryer,Exhaust Fan,Freezer,Microwave,Refrigerator,Stainless Steel Appliances,Washer
HOA Fee 1016
Garage Spaces 2
Association Fee Includes Air Conditioning,Building Exterior,Cable TV,Controlled Access,Hazard Insurance,Internet,Lawn Care,Maintenance Grounds,Parking,Recreation Facility,Sanitation,Security Staff,Sewer,Shared Amenities,Snow
Pool Features Below Ground,Shared
Year Built 1989
Levels One
Unit Number 601
Property Subtype (CC) High Rise (4+ Levels)
Tax Year 2025
Waterfront Features River Front,River View
Accessibility Grab Bars In Bathroom,Door Lever Handles,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,Lobby Entrance,Patio,Sauna
HOA Yes
Contingency None
Subdivision Name Cic 1487 Riverwest Condo
Full Baths 2
Directions 3rd Ave N to 1st Ave S turn right and building is on right hand side.
City Minneapolis
Association Name Sudler Property Management
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 5443
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Balcony,Cable,Ceiling Fan(s),City View,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio
PostalCity Minneapolis

Interior Features

Basement Block
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1358
Laundry Features Main Level,In Unit
Total Bedrooms 2
Total Baths 2
Bath Desc Full Primary,Main Floor Full Bath
Dining Room Description Eat In Kitchen
Fuel Natural Gas

Exterior Features

Parking Features Attached Garage,Guest Parking,Heated Garage,Parking Garage,Secured,Storage
Water Source City Water/Connected
Lot Size Area 1358
Building Area Total 1358
Waterfront Y/N Yes
Foundation Area 1358
Road Frontage Type City Street
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
Agent Photo

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

9/18/2026 Listed $387,500

Property vs Zip Code Average in 55401

Price
AVG $620K
$390K
Taxes
AVG $9,305
$5,443
Year Built
AVG 1970
1989
Visits
AVG 159
4
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

401 S 1st Street # 601 Minneapolis, MN is a Single Family Home for sale at $387500 with 1358 sqft and a lot size of 0.031175 Acres Acre(s). 401 S 1st Street # 601 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

By pressing Contact Me, you agree that Weichert® may contact you via phone about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our Privacy Policy