$265,000

401 1st St Unit 416 Minneapolis, MN 55401

$3,147
Closing credit¹
1 bed
1 full
832 sqft
$319 / sqft
Condo

Property details

About 401 1st St Unit 416

Experience the vibrant heart of the Mill District, where modern living meets historic charm. This condo offers the perfect urban retreat for city lovers. Step inside and discover an open-concept living space, seamlessly connecting the kitchen, living room, and a relaxing balcony. The generously sized primary bedroom features a walk-in closet with built-in dresser and organizers. Enjoy a full bath with elegant tile floors, granite countertops, and maple cabinetry. Convenience is key with an in-unit washer and dryer. This condo extends beyond its stylish interior, offering a true lifestyle experience. Residents enjoy access to exceptional amenities, including an outdoor pool, indoor sauna and hot tub, two spacious entertainment rooms, and a well-equipped fitness center. A heated underground parking space and additional storage unit provide added convenience. And with a scenic walking trail along the Mississippi River right outside your door, you'll find the perfect balance of urban living and natural beauty.

Highlights

Home typeCondominium
HeatingForced Air
StatusActive
CoolingCentral Air
Size832 sqft
Year built1989
ParkingHeated Garage, Underground
MLS #6694211
Garage1 space

Summary

  • MLS Number: 6694211
  • MLS Name: NORTHSTAR
  • Office Name: The Relocation Center

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view of exterior entry featuring french doors

$265,000

401 1st St Unit 416

$3,147

closing credit¹

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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. Residents of Minneapolis, MN typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

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 416

This home is located at 401 1st St Unit 416 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 2, 2025 and is currently priced at $265,000.

Over 364 listings were sold over their listed price in March 2025 in Minneapolis, MN. In the same period over 309 listings were sold below the listed price and 165 listings were sold for the listed price. The inventory of homes for sale in Minneapolis, MN between February and March 2025 increased by 23.5%. While the average time on the market in March 2025 was 41 days, the median list price was $353,912.

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

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