$239,900

401 S 1st St Unit 521 Minneapolis, MN 55401

Downtown West Neighborhood

Estimated payment $2,140/month

Total Views 139
1 Bed
1 Bath
755 Sq Ft
$318 Price per Sq Ft

Highlights

  • 24-Hour Guard
  • Sauna
  • Party Room
  • Heated In Ground Pool
  • City View
  • 3-minute walk to Mill Ruins Park

About This Home

Welcome to Riverwest, one of the most ideally situated communities along the Minneapolis riverfront. Located at the doorstep of the Stone Arch Bridge, this condo places you within walking distance of St. Anthony Main, the Mill District, North Loop, riverfront trails, restaurants, coffee shops and countless entertainment options. Inside, you’ll find an open and inviting floor plan featuring hard-surface wood flooring, granite countertops, stainless steel appliances, in-unit laundry, a walk-in closet, and a private balcony with downtown views. Thoughtfully designed for comfortable everyday living, this residence offers the perfect blend of convenience and urban lifestyle. Riverwest is known for its strong sense of community and impressive amenity package, including concierge service, ample guest parking, indoor pool, hot tub, sauna, fitness center, party rooms, outdoor patio spaces, and more. Whether you’re looking to explore the city on foot, bike the riverfront trails, or simply enjoy the neighborhood from your balcony, this is an exceptional opportunity to experience one of Minneapolis’ most connected locations.

Listing Agent

Mike Seebinger

DRG Listed on: 06/11/2026

Co-Listing Agent

Kris Schwab

DRG

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,980

Year Built

  • Built in 1989

HOA Fees

  • $592 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Property Attached
  • Flat Roof Shape
  • Rubber Roof

Interior Spaces

  • 755 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Sauna
  • Home Gym
  • City Views
  • Fire Sprinkler System

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Accessible Elevator Installed
  • Heated In Ground Pool
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2302924310161

Community Details

Overview

  • Association fees include air conditioning, building exterior, cable TV, hazard insurance, heating, lawn care, ground maintenance, parking, professional mgmt, sanitation, security staff, security system, sewer, shared amenities, snow removal, water
  • Sudler Association, Phone Number (312) 751-0900
  • High-Rise Community
  • Riverwest Condos Subdivision
  • Car Wash Area

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Party Room
  • 24-Hour Guard

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,980

Year Built

Built in 1989

Lot Details

0 Sq Ft Lot

HOA Fees

$592 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: (CC) High Rise (4+ Levels)
  • Cooling System: Central Air
  • Outside Features: Stone
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Car Wash, Elevator(s), Fire Sprinkler System, Hot Tub, Sauna, Security Building
  • Fee Frequency: Monthly
  • Year Built: 1989
  • Above Grade Finished Sq Ft: 755
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Living Area: 755
  • Fireplace: No
  • Basement YN: No
  • Shared Rooms: Amusement/Party Room, Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Flat, Rubber
  • PoolFeatures: Below Ground, Heated, Outdoor, Shared
  • Foundation Details: Other
  • Neighborhood: 19

Garage/Parking

  • Parking Features: Assigned, Garage Door Opener, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Building Exterior, Cable TV, Hazard Insurance, Heating, Lawn Care, Other, Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Security Staff, Security System, Sewer, Shared Amenities, Snow Removal, Water
  • Phone: 3127510900
  • Association Fee: 592
  • Association: Yes
  • Amenities Unit: Balcony, Cable, City View, Kitchen Center Island

Association/Amenities

  • HOA Management Co: Sudler

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictPhone: 6126680000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Lot Size: shared
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 2302924310161
  • Tax Annual Amount: 2980.18
  • TaxWithAssessments: 2980.18

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,864 $217,000 $18,000 $199,000
2023 $2,808 $230,000 $18,000 $212,000
2022 $2,838 $230,000 $17,000 $213,000
2021 $2,743 $220,500 $14,400 $206,100
2020 $2,975 $220,500 $14,400 $206,100
2019 $2,931 $220,500 $7,600 $212,900
2018 $2,717 $212,000 $7,600 $204,400
2017 $2,789 $198,000 $7,600 $190,400
2016 $2,694 $187,000 $7,600 $179,400
2015 $2,605 $174,500 $7,600 $166,900
2014 -- $152,500 $7,600 $144,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/11/2026 06/11/26 For Sale $239,900 -- $318 / Sq Ft
Source: NorthstarMLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $250,000 Edina Realty Title Inc
Warranty Deed $196,500 Burnet Title
Warranty Deed $172,500 Title Recording Services Inc
Warranty Deed $149,000 Titlenexus Llc
Warranty Deed $164,300 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $237,500 New Conventional
Previous Owner $147,375 New Conventional
Previous Owner $163,875 New Conventional
Previous Owner $119,200 New Conventional
Source: Public Records

Source: NorthstarMLS

MLS Number: 7091654

NorthstarMLS

APN: 23-029-24-31-0161

Minnesota Hennepin County Minneapolis 55401 Downtown West

401 S 1st St Unit 521, Minneapolis, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthstarMLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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Mike Seebinger
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