401 S 1st Street #321 - Photo 1
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401 S 1st Street #321
401 S 1st Street #321
401 S 1st Street #321
401 S 1st Street #321
401 S 1st Street #321

401 S 1st Street #321, Minneapolis, MN 55401 - MLS# 7162618

MLS® #: 7162618|Days on Market: 1|Listed: Oct 20, 2026

$199,900

Bedrooms
1
Bathrooms
1
Square Feet
695
Year Built
1989
Property Type
Residential
Heating
Natural Gas, Forced Air
Cooling
Central Air
Garages
1
Days on Market
1
School District
1 - Minneapolis

Make your move for less cash out of pocket. Seller is offering a 3% closing cost credit with an acceptable offer. High demand Riverwest condo with views of St Anthony Falls! Riverwest offers a fitness room, outdoor patio, pool, hot tub and a party room. Well maintained unit with wood flooring, upgraded cabinetry, granite counters, stainless steel appliances, in unit laundry, floor to ceiling windows. Great location along the riverfront within walking distance to theaters, restaurants & much more!

401 S 1st Street #321, Minneapolis, MN 55401

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Interior Information

AppliancesDishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
CoolingCentral Air
HeatingForced Air
FuelNatural Gas
Interior AmenitiesDeck, Walk-In Closet
AccessibilityAccessible Elevator Installed

Size & Levels

LevelsOne
Above Grade Finished695 sq ft

Bathrooms

Full Baths1

Rooms

Other Rooms

Living Room13' x 10'
Dining Room13' x 08'
Kitchen10' x 08'
Office13' x 07'
Bedroom15' x 13'

Exterior & Parking

ExteriorStone
RoofAge Over 8 Years
FoundationOther
Garage Stalls1
ParkingHeated Garage, Underground

Lot & Utilities

Property Subtype(CC) High Rise (4+ Levels)
ZoningResidential-Single Family
SubdivisionRiverwest
TownshipMinneapolis
CountyHennepin
SewerCity Sewer/Connected
WaterCity Water/Connected

Homeowners Association

Association Fee$550 / month
AssociationSudler
Assessment PendingNo
Fee IncludesAir Conditioning, Cable TV, Hazard Insurance, Heating, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Security Staff, Sewer, Shared Amenities, Snow Removal, Water

Financial & Tax Information

Annual Taxes$4,087
Tax Year2026
Tax w/ Assessments$4,087
Assessment PendingNo
Parcel Number2302924310106
List TypeExclusive Right To Sell

Location

Call 612-356-2121For Showings and Questions

Neighborhood at a Glance

In this neighborhood, homes were most commonly built in 1980-1989, about 41% of occupied homes are owner-occupied, and the average commute is 21 minutes.

Cost of Ownership

Median home value

$332,100

Lower than the Minneapolis median

The midpoint of estimated values for owner-occupied homes.

Median property taxes paid

$3,585/yr

Lower than the Minneapolis median

The midpoint of annual property taxes paid by homeowners.

Typical monthly owner costs (with mortgage)

$2,309/mo

Higher than the Minneapolis median

Median monthly housing costs for owners with a mortgage.

Typical monthly owner costs (no mortgage)

$1,108/mo

Higher than the Minneapolis median

Median monthly housing costs for owners without a mortgage.

Median rent

$1,734/mo

Higher than the Minneapolis median

The midpoint of monthly gross rent, including utilities.

Homes in the Area

Owner-occupied homes

41%

Lower than Minneapolis overall

The share of occupied homes lived in by their owners.

Median year built

1981

Similar to the Minneapolis median

The midpoint of years when homes in the area were built.

Home age by decade

The share of homes built during each period.

  • 2010-201912%
  • 2000-200911%
  • 1980-198927%
  • 1970-197923%
  • 1960-196922%

Types of homes

The share of housing units in each building type.

  • 5+ units99%

Getting Around

Average commute

21 min

Similar to the Minneapolis median

The average one-way travel time to work for commuters.

How people get to work

The share of workers using each listed way to get to work.

  • Drive alone26%
  • Public transit4%
  • Walk or bike21%
  • Work from home46%

Homes with broadband

95%

Similar than Minneapolis overall

The share of households with a broadband internet subscription.

Estimates for the surrounding census tract, not this specific home.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Schools

Broker Reciprocity logo
Listed by: DRG
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Pederson Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.