1 month on rocket

401 1st St Unit 224, Minneapolis, MN, 55401

$199,900

Home List Price

$2,374*

Closing Credit

1 Full Bath
725 SqFt
$276/SqFt
Condo

Location

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401 1st St Unit 224, Minneapolis$199,900

Buyer Closing Credits

$2,374*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Guest Parking, Heated Garage, Secured, Underground
Garage1 space
Year Built1989
HeatingForced Air
CoolingCentral Air
MLS #6613258
StatusActive

About 401 1st St Unit 224

Best location in the building with corner windows, almost private location , unparalleled access to all amenities with pool, fitness center, whirlpool, sauna, grills and Rex room. All just a few seconds away yet quiet and peaceful. And a favorite perk is the 16 foot walk in closet plus extra storage in the floor.

Property Details

Property Features

Property Information:

  • Year Built: 1989
  • Living Area: 725 SqFt

Listing Office:

  • Office Name: Wallace Realty Group

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Assigned, Guest Parking, Heated Garage, Secured, Underground

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: HENNEPIN AVE TO S 1ST ST - EAST ON 1ST TO 401

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,900
  • Price Per SqFt: $276/SqFt

HOA Fees:

  • Amount: $482
  • 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 224 vs Minneapolis

44 DAYS ON ROCKET

+10 Days

$199,900

-$149.9K Less

$276/SqFt

+$74 More

KEY TAKEAWAY

This property is $149.9K less than the Median Sold Price and $74/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: #6613258

Listing Office:

  • Office Name: Wallace Realty Group

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Last updated on: 11/21/2024, 11:22:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$1,547

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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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-278753
3
/10

  • Webster Community School

  • 425 5th St NE

  • 0.94 miles

  • Public District Grades PK-5

school-card-donut-278754
4
/10

  • Twin Cities International Schools

  • 277 12th Ave N

  • 1.26 miles

  • Public Charter Grades KG-4

school-card-donut-278755
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. Most Minneapolis, MN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 401 1st St Unit 224

What is the listing price of this property?

The listing price of 401 1st St Unit 224 property is $199,900.

What type of property is this?

The property 401 1st St Unit 224 is a condo located in Minneapolis, Minnesota, 55401.

Is this property for sale now?

Active Listing: 401 1st St Unit 224 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 224 has 1 bathroom..

What is the square footage of this property?

The property 401 1st St Unit 224 is 725 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 401 1st St Unit 224 is 1989.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55401›401 1st St Unit 224

This home is located at 401 1st St Unit 224 in Minneapolis, MN and zip code 55401 in the Central neighborhood. This 725 square foot home was built in 1989. Features: 1 bathroom. It has been listed on Rocket Homes since October 08, 2024 and is currently priced at $199,900.

While more than 356 listings in Minneapolis, MN in October 2024 were sold above asking price, there were more than 223 listings sold at asking price, and more than 399 were sold below. The inventory of homes for sale in Minneapolis, MN between September 2024 and October 2024 increased by 9.3%. In October 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $349,843.

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

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