2 months on rocket

401 1st St Unit 1218, Minneapolis, MN, 55401

$289,900

Home List Price

$3,443*

Closing Credit

1 Bedroom
1 Full Bath
832 SqFt
$348/SqFt
Condo

Location

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401 1st St Unit 1218, Minneapolis$289,900

Buyer Closing Credits

$3,443*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Secured, Underground
Garage2 spaces
Year Built1989
HeatingForced Air
CoolingCentral Air
MLS #6595758
StatusActive

About 401 1st St Unit 1218

Rare opportunity to own a one bedroom condo with two parking spaces in historic Riverwest in the Mill City District. Owners also have the option to rent this parking space out to other residents. Currently these high demand spots are renting for up to $200 per month. Enjoy unobstructed panoramic views of downtown from the comfort of your 12th floor balcony. Walking distance to the river, the Stone Arch Bridge and the award winning James Beard Owamni restaurant. Easy access to the North Loop, US Bank Stadium, and many biking and hiking trails make this location highly desirable. Enjoy the incredible amenities which include 24/7 concierge service, fitness room, outdoor rooftop pool and grills, sauna and whirlpool, community room, private dog park on premises, car wash and ample guest parking. Discover your new urban oasis at Riverwest today. Book your showing and elevate your lifestyle to new heights.

Property Details

Property Features

Property Information:

  • Year Built: 1989
  • Living Area: 832 SqFt

Listing Office:

  • Office Name: RE/MAX Advantage Plus

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Assigned, Secured, Underground

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Head North on 3rd Ave, Right on 1st St South, building on your right hand side

Price Information

Listing Price Info

Price Summary:

  • List Price: $289,900
  • Price Per SqFt: $348/SqFt

HOA Fees:

  • Amount: $549
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

401 1st St Unit 1218 vs Minneapolis

79 DAYS ON ROCKET

+45 Days

$289,900

-$59.9K Less

$348/SqFt

+$146 More

KEY TAKEAWAY

This property is $59.9K less than the Median Sold Price and $146/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6595758

Listing Office:

  • Office Name: RE/MAX Advantage Plus

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Last updated on: 11/21/2024, 10:22:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

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Total Monthly Payment

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-268082
3
/10

  • Webster Community School

  • 425 5th St NE

  • 0.94 miles

  • Public District Grades PK-5

school-card-donut-268083
4
/10

  • Twin Cities International Schools

  • 277 12th Ave N

  • 1.26 miles

  • Public Charter Grades KG-4

school-card-donut-268084
1
/10

  • Sheridan Elementary School

  • 1201 University Ave NE

  • 1.30 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,167. The most common annual income of people living in Minneapolis, MN is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 401 1st St Unit 1218

What is the listing price of this property?

The listing price of 401 1st St Unit 1218 property is $289,900.

What type of property is this?

The property 401 1st St Unit 1218 is a condo located in Minneapolis, Minnesota, 55401.

Is this property for sale now?

Active Listing: 401 1st St Unit 1218 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 401 1st St Unit 1218 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 401 1st St Unit 1218 is 832 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 401 1st St Unit 1218 is 1989.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55401›401 1st St Unit 1218

This home is located at 401 1st St Unit 1218 in Minneapolis, MN and zip code 55401 in the Central neighborhood. This 832 square foot home was built in 1989. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 03, 2024 and is currently priced at $289,900.

In October 2024 more than 356 listings in Minneapolis, MN were sold above the asking price. During the same period more than 223 listings were sold at asking price, while more than 399 were sold below. Between September 2024 and October 2024, Minneapolis, MN real estate market has seen increase in the number of listings by 9.3%. While the average time on the market in October 2024 was 34 days, the median list price was $349,843.

From Rocket Homes Real Estate and based on county public records data.

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