408 North 1st Street, Unit 407

Minneapolis, MN 55401

$550,000
Price
2
Beds
2
Baths
2,042 Sq. Ft.
$269 / Sq. Ft.
2,042
Sq. Ft.
$269
per Sq. Ft.

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Description

Discover this 2-bedroom, 2-bathroom condo featuring a large den—perfect for use as a home office or easily converted into a third bedroom—in the heart of the vibrant North Loop, known as "the hottest neighborhood in town" (as featured in Mpls St. Paul Magazine). With walkability to everything, this home offers access to some of the city’s best amenities, parks, and restaurants. Enjoy the Mississippi Walking Trail just a block away, with scenic paths that stretch to Minnehaha Park, Boom Island, Nicollet...Discover this 2-bedroom, 2-bathroom condo featuring a large den—perfect for use as a home office or easily converted into a third bedroom—in the heart of the vibrant North Loop, known as "the hottest neighborhood in town" (as featured in Mpls St. Paul Magazine). With walkability to everything, this home offers access to some of the city’s best amenities, parks, and restaurants. Enjoy the Mississippi Walking Trail just a block away, with scenic paths that stretch to Minnehaha Park, Boom Island, Nicollet Island, and the Stone Arch Bridge—perfect for year-round strolling, jogging, biking, and cross-country skiing. The North Loop Playground and nearby Theodore Wirth Park provide additional outdoor fun for all seasons. This condo offers the convenience of two heated interior garage spaces, large storage cabinets, and bike racks with room for strollers or joggers. A full-size exercise gym in the building adds to the ease of living. Recent upgrades include new carpet and refinished wood floors (Oct '24), plus updated common areas with new carpet, sconces, and fresh paint (2023). The kitchen features a stainless steel backsplash installed in 2021. The association fee covers air conditioning, heat, internet, cable TV, and more, ensuring a worry-free lifestyle. This condo is just steps from top local eateries, including Spoon and Stable, Maison Margaux, Bar La Grassa, Owamni, and more. With quick access to Target Field, the Mill City Farmers Market, Light Rail, and Minneapolis Orchestra Hall, you’ll experience the best the city has to offer right at your doorstep. Don't miss your chance to live in this sought-after neighborhood!
  1. Listed by Keller Williams Premier Realty Lake Minnetonka

Property Details for 408 North 1st Street, Unit 407

Neighborhood
North Loop
Subdivision Name
Cic 1052 Lindsay Lofts Condo
Zoning Jurisdiction
Residential-Single Family
LISTING UPDATED: 12/03/2024 10:01 AM

Property Details for 408 North 1st Street, Unit 407

StatusActive
MLS #6621395
Days on Compass40
Taxes$6,703 / year
HOA Fees$795 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / High Rise
Year Built2001
Lot Size0.52 AC / 22,651 SF
CountyHennepin County

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Building Information for 408 North 1st Street, Unit 407

Stories-Residences-Year Built2001Building Size-Lot Size0.52 AC / 22,651 SF

Property Information for 408 North 1st Street, Unit 407

Summary
Location and General Information
  • City Name: Minneapolis
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: Hennepin Avenue to North 1st Street to property
  • Latitude: 44.987697
  • Longitude: -93.271645
  • 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: $795.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Hazard Insurance, Heating, Internet, Maintenance Grounds, Professional Mgmt, Trash, Sewer, Shared Amenities, Snow Removal
  • Association Name: First Service Residential
  • Association Phone: 952-277-2700
  • Association: Yes
  • Parcel Number: 2202924140317
  • Tax Annual Amount: $6,703.00
  • Tax Legal Description: CIC NO 1052 LINDSAY LOFTS CONDO UNIT NO 407
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 6703.0000
School Information
  • High School District: 1 - Minneapolis
  • School District Number: 1
  • School District Phone: 612-668-0000
Property
Lot Information
  • Above Grade Fin SQFT: 2042.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 2042.0
  • Lot Size Area: 0.52
  • Lot Size Dimensions: 0
  • Lot Size Square Feet: 22694.76
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Attached: Yes
  • Property Sub Type: High Rise
  • Property Type: Residential
  • SQFT Main Total: 2042.0000
  • Building Area Total: 2042.0
  • Above Grade SqFt Total: 2042.0000
  • Below Grade SqFt Total: 0.0000
Property and Assessments
  • Age Of Property: 23
Utilities
  • Electric: Circuit Breakers
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Association Amenities: Elevator(s), Fire Sprinkler System, Security
  • Fencing: None
  • Foundation Area: 2042.0
  • Fuel: Natural Gas
  • Pool Features: None
Interior Features
  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Refrigerator, Washer
  • Basement Type: None
  • Amenities Unit: Balcony,French Doors,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Tile Floors,Washer/Dryer Hookup,Walk-In Closet
  • Bath Desc: Full Primary,Private Primary,Main Floor Full Bath,Separate Tub & Shower
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Count: 2
  • Bedrooms Total: 2
  • Fireplace Features: Gas, Living Room
  • Fireplaces Total: 1
  • FireplaceYN: Yes
  • Cooling: Central Air
  • Dining Room Description: Eat In Kitchen,Informal Dining Room,Kitchen/Dining Room
  • DP Resource: Y
  • Heating: Baseboard, Hot Water
  • Levels: One
  • Shared Rooms: Amusement/Party Room,Exercise Room
  • Room Type: Kitchen, Living Room, Family Room, Bedroom 1, Walk In Closet, Bathroom, Bedroom 2, Laundry
  • Room List: Kitchen, Living Room, Family Room, Bedroom 1, Walk In Closet, Bathroom, Bedroom 2, Laundry
  • Basement YN: No
Room Information
Room 1
  • Room Dimensions: 18 x 14
  • Room Level: Main
  • Room Type: Kitchen
Room 2
  • Room Dimensions: 11 x 15
  • Room Level: Main
  • Room Type: Living Room
Room 3
  • Room Dimensions: 18 x 17
  • Room Level: Main
  • Room Type: Family Room
Room 4
  • Room Dimensions: 11 x 22
  • Room Level: Main
  • Room Type: Bedroom 1
Room 5
  • Room Dimensions: 11 x 8
  • Room Level: Main
  • Room Type: Walk In Closet
Room 6
  • Room Dimensions: 11 x 10
  • Room Level: Main
  • Room Type: Bathroom
Room 7
  • Room Dimensions: 9 x 13
  • Room Level: Main
  • Room Type: Bedroom 2
Room 8
  • Room Dimensions: 11 x 10
  • Room Level: Main
  • Room Type: Bathroom
Room 9
  • Room Dimensions: 8 x 14
  • Room Level: Main
  • Room Type: Laundry

Property History for 408 North 1st Street, Unit 407

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 408 North 1st Street, Unit 407

Taxable ValueLand$44,000Additions$467,000Total$511,000
Tax Record2023$6,703 ($559 / month)
Home Facts
Beds1Baths2Total Finished SqFt2,042 SqFtAbove Grade Finished SqFt2,042 SqFtStories1Lot Size22,708 SqFtStyleCondominiumYear Built2001ZoningC3ACountyHENNEPINAPN22-029-24-14-0317Fireplace TypeHas Fireplace

Schools near 408 North 1st Street, Unit 407

This home is within Minneapolis Public School Dist..
Rating
School
Type
Grades
Distance
Webster Elementary
Public - PK to 5
Northeast Middle School
Public - 6 to 8
Edison Senior High School
Public - 9 to 12
FAIR Senior High
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.

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More information about 408 North 1st Street, Unit 407, Minneapolis, MN 55401

408 North 1st Street, Unit 407 is a multi-family home for sale in Minneapolis, MN 55401. This property was listed for sale on October 23, 2024 by Keller Williams Premier Realty Lake Minnetonka, it's currently listed at $550,000. It has been on the market for a total of 40 days and was last sold on June 13, 2019. This listing's school district is Minneapolis Public School Dist.. Nearby schools include Webster Elementary, Northeast Middle School and Edison Senior High School. 408 North 1st Street, Unit 407 is a 2-bed, 2-bath, 2,042 sqft multi-family home built in 2001.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Premier Realty Lake Minnetonka

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 12/03/2024 10:01 AM