$5,094

closing credit¹

401 1st St Unit 1602 Minneapolis, MN 55401

$429,000
2 beds
2 full
1,264 sqft
$339 / sqft
Condo

Property details

About 401 1st St Unit 1602

Experience luxury living in this highly sought-after Riverwest condo, perched on the 16th floor with breathtaking views of the Mississippi River, Stone Arch Bridge, Mill District, and St. Anthony Main. This rarely available 2-bedroom, 2-bathroom corner unit offers a spacious open concept layout, divided bedrooms for privacy, and an abundance of natural light from large windows throughout. Enjoy a beautifully updated kitchen with stainless steel appliances, granite countertops, and a breakfast bar perfect for entertaining. Both bathrooms feature modern updates, and the in-unit washer and dryer add convenience. Step out onto the private balcony to take in stunning views of Gold Medal Park and the Guthrie Theater. This move-in ready condo includes two heated garage parking stalls (#346 & #348), a storage unit, and access to first-class building amenities, including an exercise gym, outdoor pool, hot tub, sauna, grills, locker rooms, community room with a pool table, and a spacious gathering area with a kitchen. Don’t miss this rare opportunity to own a corner unit in one of the most desirable buildings along the riverfront.

Highlights

Home typeCondominium
HeatingForced Air
StatusSale Pending
(Active)
CoolingCentral Air
Size1,264 sqft
Year built1989
ParkingAssigned, Concrete, Garage Door Opener, Guest Parking, Heated Garage, Parking Garage, Secured
MLS #6646381
Garage2 spaces
WaterfrontRiver View
ViewOther

Summary

  • MLS Number: 6646381
  • MLS Name: NORTHSTAR
  • Office Name: RE/MAX Results

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exterior space

$429,000

401 1st St Unit 1602

$5,094

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

3

Webster Community School

Public District PK-5

0.9 mi

425 5th St NE

4

Twin Cities International Schools

Public Charter KG-4

1.3 mi

277 12th Ave N

1

Sheridan Elementary School

Public Magnet PK-5

1.3 mi

1201 University Ave NE

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $79,167. Typical income of Minneapolis, MN residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

16%
<35k
42%
35k-100k
27%
100k-200k
15%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

76%
Single, No Kids
2%
Single, with Kids
20%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

2%
<11 yrs old
1%
12-17 yrs old
52%
18-34 yrs old
37%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Live TheatreLive Theatre
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • H&MH&M
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Boston MarketBoston Market
  • ChipotleChipotle

What do the neighbors drive?

  • AudiAudi
  • MercedesMercedes
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • AlternativeAlternative
  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 401 1st St Unit 1602

This home is located at 401 1st St Unit 1602 in Minneapolis, MN and zip code 55401 in the Central neighborhood. This 1,264 square foot home was built in 1989. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 8, 2025 and is currently priced at $429,000.

Over 161 listings were sold over their listed price in January 2025 in Minneapolis, MN. In the same period over 309 listings were sold below the listed price and 152 listings were sold for the listed price. The number of homes for sale in Minneapolis, MN decreased by 0.1% between December and January 2025. Listings spent 47 days on the market in January 2025, and had a median list price of $350,000 during the same period.

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

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