$550,000

408 1st St Unit 408 Minneapolis, MN 55401

$6,531
Closing credit¹
2 beds
2 full
1,890 sqft
$291 / sqft
Condo

Property details

About 408 1st St Unit 408

Welcome to Lindsay Lofts, Unit 408—a spacious and stylish urban retreat in the highly sought-after North Loop, known as "the hottest neighborhood in town" (as featured in Mpls St. Paul Magazine). This 2 bed, 2 bath loft boasts 1,890 sqft of open-concept living and a generous kitchen that overlooks the living space. The full-size exercise gym in the building adds to the ease of living (second floor off of elevator). Recent upgrades include refreshed paint, updated light fixture in dining room, updated primary bathroom and added wet bar. 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, Berlin, Porzana, Bar La Grassa, Demi, Mara and more. 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.

Highlights

Home typeCondominium
HeatingBaseboard, Hot Water
StatusActive
CoolingCentral Air
Size1,890 sqft
Year built2001
ParkingAssigned, Attached Garage, Heated Garage, Secured, Underground
MLS #6673491
Attached garage2 spaces

Summary

  • MLS Number: 6673491
  • MLS Name: NORTHSTAR
  • Office Name: Prudden & Company

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Last updated on: 2/21/2025, 11:52:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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dining area featuring light wood-style floors, rail lighting, and baseboards

$550,000

408 1st St Unit 408

$6,531

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

4

Twin Cities International Schools

Public Charter KG-4

0.6 mi

277 12th Ave N

3

Webster Community School

Public District PK-5

0.9 mi

425 5th St NE

1

Sheridan Elementary School

Public Magnet PK-5

1.0 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 $101,546. The majority of Minneapolis, MN residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

11%
<35k
38%
35k-100k
34%
100k-200k
17%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

75%
Single, No Kids
2%
Single, with Kids
19%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

3%
<11 yrs old
1%
12-17 yrs old
52%
18-34 yrs old
39%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Hiking/backpackingHiking/backpacking
  • Live TheatreLive Theatre

Where do the neighbors shop?

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

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Boston MarketBoston Market

What do the neighbors drive?

  • VolkswagenVolkswagen
  • AudiAudi
  • MercedesMercedes

What do the neighbors listen to?

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

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Frequently asked questions

About 408 1st St Unit 408

This home is located at 408 1st St Unit 408 in Minneapolis, MN and zip code 55401 in the North Loop neighborhood. This 1,890 square foot home was built in 2001. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 21, 2025 and is currently priced at $550,000.

While more than 161 listings in Minneapolis, MN in January 2025 were sold above asking price, there were more than 152 listings sold at asking price, and more than 309 were sold below. The inventory of homes for sale in Minneapolis, MN between December and January 2025 decreased by 0.1%. The median list price of listings available in January 2025 was $350,000, while the average time on the real estate market was 47 days.

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

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