401 S 1st Street #423 - Photo 1
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401 S 1st Street #423
401 S 1st Street #423
401 S 1st Street #423
401 S 1st Street #423
401 S 1st Street #423

401 S 1st Street #423, Minneapolis, MN 55401 - MLS# 7115267

MLS® #: 7115267|Days on Market: 70|Listed: Aug 13, 2026

$387,000

$395,000↓ 2.0%
Bedrooms
2
Bathrooms
2
Square Feet
1,358
Year Built
1989
Property Type
Residential
Heating
Electric, Forced Air
Cooling
Ceiling Fan(s), Central Air
Garages
1
Days on Market
70
School District
1 - Minneapolis

Northwest-facing RiverWest 2 bedroom, 2 bathroom condo with spectacular views of Saint Anthony Falls and the downtown Minneapolis skyline! Thoughtfully refreshed and lovingly maintained for the last 15 years with new flooring and baseboards throughout, fresh paint, custom closet systems in both bedrooms, and new toilets with bidets. RiverWest offers an impressive lineup of amenities, including a pool, sauna, whirlpool, pool deck with grills, fitness center, social room, club room, package room, outdoor dog run, and car wash area with vacuum, air, and bike tools. One underground parking stall included! Step outside to Water Works at Mill Ruins Park, the Stone Arch Bridge, and miles of trails along West River Parkway. Just steps from the Guthrie Theater, Gold Medal Park, and countless dining and entertainment options. Enjoy riverfront living with some of the best views, amenities, and walkability Minneapolis has to offer!

401 S 1st Street #423, Minneapolis, MN 55401

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Interior Information

AppliancesDishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
CoolingCentral Air
HeatingForced Air
FuelElectric
LaundryIn Unit
Dining RoomBreakfast Bar, Informal Dining Room, Separate/Formal Dining Room
Interior AmenitiesBalcony, Ceiling Fan(s), City View, Hardwood Floors, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Washer/Dryer Hookup, Walk-In Closet
ElectricCircuit Breakers
AccessibilityAccessible Elevator Installed, No Stairs Internal

Size & Levels

LevelsOne
Total Finished Sq Ft1,358 sq ft
Above Grade Finished1,358 sq ft
Main Level Finished1,358 sq ft

Bathrooms

Full Baths2
Bathroom DetailsBathroom Ensuite, Full Primary, Private Primary, Main Floor Full Bath

Rooms

Main Level Rooms

Living Room15' x 15'
Dining Room12' x 12'
Kitchen10' x 9'
Bedroom14' x 13'
Bedroom 217' x 14'
Deck9' x 5'

Exterior & Parking

ExteriorStone
FoundationOther
Patio / PorchPatio
PoolOutdoor, Shared
Garage Stalls1
ParkingAssigned, Attached Garage, Garage Door Opener, Guest Parking, Heated Garage, Parking Garage, More Parking Offsite for Fee, Secured, Underground

Lot & Utilities

Property Subtype(CC) High Rise (4+ Levels)
Lot DimensionsCommon
Lot DescriptionPublic Transit (w/in 6 blks)
ZoningResidential-Single Family
SubdivisionRiverWest
TownshipMinneapolis
CountyHennepin
SewerCity Sewer/Connected
WaterCity Water/Connected
Road FrontageCity Street
Power CompanyXcel Energy
WaterfrontRiver Front, River View

Homeowners Association

Association Fee$1,016.38 / month
AssociationSudler Property Management
Other Annual Assessments$238
Assessment PendingNo
Fee IncludesAir Conditioning, Building Exterior, Cable TV, Controlled Access, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Sanitation, Security Staff, Sewer, Shared Amenities, Water
AmenitiesGuard - 24 Hour, Car Wash, Deck, Elevator(s), Hot Tub, Lobby Entrance, Other, Patio, Sauna, Security Building

Financial & Tax Information

Annual Taxes$5,359
Tax Year2026
Tax w/ Assessments$5,379
Other Annual Assessments$238
Assessment PendingNo
Parcel Number2302924310140
Financing OptionsConventional, Cash
Assumable MortgageNot Assumable
List TypeExclusive Right To Sell

Nearby Amenities

AmenitiesPool

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: Keller Williams Realty Integrity Lakes
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.