401 North 1st Street, Unit 1218

Minneapolis, MN 55401

$319,900
Price
1
Beds
1
Bath
832 Sq. Ft.
$384 / Sq. Ft.
832
Sq. Ft.
$384
per Sq. Ft.

Description

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...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.
  1. Listed by RE/MAX Advantage Plus

Property Details for 401 North 1st Street, Unit 1218

Neighborhood
Downtown West
Subdivision Name
Cic 1487 Riverwest Condo
Zoning Jurisdiction
Residential-Single Family

Location

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LISTING UPDATED: 06/08/2024 04:33 PM

Property Details for 401 North 1st Street, Unit 1218

StatusActive
MLS #6501500
Days on Compass25
Taxes$3,485 / year
HOA Fees$549 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / High Rise
Year Built1989
Lot Size1.62 AC / 70,567 SF
CountyHennepin County

Location

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Building Information for 401 North 1st Street, Unit 1218

Stories-Residences-Year Built1989Building Size-Lot Size1.62 AC / 70,567 SF

Payment Calculator

$2,585 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,746

Property Taxes

$290

HOA Dues

$549

The Payment Calculator is for illustrative purposes only.

Property Information for 401 North 1st Street, Unit 1218

Summary
Location and General Information
  • City Name: Minneapolis
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: Head North on 3rd Ave, Right on 1st St South, building on your right hand side
  • Latitude: 44.98091
  • Longitude: -93.260863
  • Map Coordinate: 106-D2
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Minneapolis
  • City and Location Text: Minneapolis(MN)
  • Postal Code: 55401
  • State Or Province: MN
  • Public Survey Township: 29
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $549.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Hazard Insurance, Heating
  • Association Name: First Service Residential
  • Association Phone: 952-277-2700
  • Association: Yes
  • Parcel Number: 2302924310319
  • Tax Annual Amount: $3,485.00
  • Tax Legal Description: CIC NO 1487 RIVERWEST CONDO UNIT NO 1218
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 3485.0000
School Information
  • High School District: 1 - Minneapolis
  • School District Number: 1
  • School District Phone: 612-668-0000
Property
Lot Information
  • Above Grade Fin SQFT: 832.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 832.0
  • Lot Size Area: 1.62
  • Lot Size Dimensions: Common
  • Lot Size Square Feet: 70741.44
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Attached: Yes
  • Property Sub Type: High Rise
  • Property Type: Residential
  • SQFT Main Total: 832.0000
  • Above Grade SqFt Total: 832.0000
  • Below Grade SqFt Total: 0.0000
  • Sqft Total: 832.00
Property and Assessments
  • Age Of Property: 35
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 832.0
  • Fuel: Natural Gas
Interior Features
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement Type: None
  • Amenities Unit: Balcony,Washer/Dryer Hookup
  • Bath Desc: Main Floor Full Bath
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Count: 1
  • Bedrooms Total: 1
  • Fireplaces Total: 0
  • FireplaceYN: No
  • Cooling: Central Air
  • DP Resource: Y
  • Garage Square Feet: 440
  • Heating: Forced Air
  • Levels: One
  • Shared Rooms: Amusement/Party Room,Community Room,Exercise Room
  • Room Type: Living Room, Kitchen, Bedroom 1
  • Room List: Living Room, Kitchen, Bedroom 1
  • Basement YN: No
Room Information
Room 1
  • Room Dimensions: 13x20
  • Room Level: Main
  • Room Type: Living Room
Room 2
  • Room Dimensions: 9x9
  • Room Level: Main
  • Room Type: Kitchen
Room 3
  • Room Dimensions: 12x14
  • Room Level: Main
  • Room Type: Bedroom 1

Property History for 401 North 1st Street, Unit 1218

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 401 North 1st Street, Unit 1218

Taxable ValueLand$20,000Additions$247,000Total$267,000
Tax Record2023$3,485 ($290 / month)
Home Facts
Beds1Baths1Total Finished SqFt751 SqFtAbove Grade Finished SqFt751 SqFtStories1Lot Size70,776 SqFtStyleCondominiumYear Built1989ZoningC3ACountyHENNEPINAPN23-029-24-31-0319

Schools near 401 North 1st Street, Unit 1218

This home is within Minneapolis Public School Dist..
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Webster Elementary
PublicPK to 5

Northeast Middle School
Public6 to 8

Edison Senior High School
Public9 to 12

FAIR Senior High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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401 North 1st Street, Unit 1218 is a multi-family home for sale in Minneapolis, MN 55401. This property was listed for sale on May 17, 2024 by RE/MAX Advantage Plus, it's currently listed at $319,900. It has been on the market for a total of 25 days and was last sold on May 16, 2006. This listing's school district is Minneapolis Public School Dist.. Nearby schools include Webster Elementary, Northeast Middle School and Edison Senior High School. 401 North 1st Street, Unit 1218 is a 1-bed, 1-bath, 832 sqft multi-family home built in 1989.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Advantage Plus

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 06/08/2024 04:33 PM