13 days on rocket

401 1st St Unit 306, Minneapolis, MN, 55401

$265,000

Home List Price

$3,147*

Closing Credit

1 Bedroom
1 Full Bath
832 SqFt
$319/SqFt
Condo
Schools Nearby

Location

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401 1st St Unit 306, Minneapolis$265,000

Buyer Closing Credits

$3,147*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached Garage, Garage Door Opener, Heated Garage, Secured
Attached Garage1 space
Year Built1989
HeatingForced Air
CoolingCentral Air
MLS #6516529
StatusActive

About 401 1st St Unit 306

Welcome to Riverwest and unit #306! Darling condo in a quiet, yet convenient, urban location. Steps away from the river, easy access to North Loop, US Bank Stadium, and everything Minneapolis offers! Spacious and efficient, this unit includes a large bedroom with two great closets, kitchen with breakfast bar, and laundry nook. Sliding glass door brings the outside in and provides a nice space for some fresh air. Enjoy the lovely common areas of Riverwest, too—beautiful lobby, great party room, and well-equipped exercise room. The front desk is staffed 24/7, and the attached heated parking garage features an assigned space, plus dedicated guest parking in the garage as well. This condo also has an assigned storage closet just across the hallway. Easy and affordable living, right downtown!

Property Details

Property Features

Property Information:

  • Year Built: 1989
  • Living Area: 832 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached Garage, Garage Door Opener, Heated Garage, Secured

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Edison High School, Public District Grades 9-12
  • Northeast Middle School, Public Magnet Grades 6-8

Other

Directions Information:

  • Directions: From S 1st St enter garage to the right of the front door, park in guest space--note space number and license plate number for sign in.

Price Information

Listing Price Info

Price Summary:

  • List Price: $265,000
  • Price Per SqFt: $319/SqFt

HOA Fees:

  • Amount: $550
  • 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

$343.6K

Med. Price/SqFt

$201

Avg. Days On Market

27

# of Sold Homes

1085

401 1st St Unit 306 vs Minneapolis

13 DAYS ON ROCKET

-14 Days

$265,000

-$78.6K Less

$319/SqFt

+$117 More

KEY TAKEAWAY

This property is $78.6K less than the Median Sold Price and $117/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: #6516529

Listing Office:

  • Office Name: Edina Realty, Inc.

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Property Sales & Tax

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

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Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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.

Middle School

school-card-donut-4372513
2
/10

  • Northeast Middle School

  • 2955 Hayes St NE

  • 3.09 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-4372514
2
/10

  • Edison High School

  • 700 22nd Ave NE

  • 2.00 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,167. Residents of Minneapolis, MN typically earn between $35k-100k each year. The most common type of family is single, no kids. 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 306

What is the listing price of this property?

The listing price of 401 1st St Unit 306 property is $265,000.

What type of property is this?

The property 401 1st St Unit 306 is a condo located in Minneapolis, Minnesota, 55401.

Is this property for sale now?

Active Listing: 401 1st St Unit 306 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 401 1st St Unit 306 are:
Northeast Middle School: GreatSchools Rating 2/10
Edison High School: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 401 1st St Unit 306 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 401 1st St Unit 306 is 832 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 401 1st St Unit 306 is 1989.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55401›401 1st St Unit 306

This home is located at 401 1st St Unit 306 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 April 18, 2024 and is currently priced at $265,000.

Minneapolis, MN housing market in April 2024 saw over 519 listings sold above listed price, more than 228 sold at listed price and over 337 sold below. The inventory of homes for sale in Minneapolis, MN between March 2024 and April 2024 increased by 15.8%. While the average time on the market in April 2024 was 27 days, the median list price was $343,683.

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

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