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400 1st St

Minneapolis, MN 55401

2 bd 1 ba 930 sqft Built 1900 Lot 18,905 sqft condos
Most recent sale
$312,500
Aug 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 26, 2022 Sold $312,500 MLS #6196275
May 16, 2022 Listed $327,500 MLS #6196275
Nov 26, 2014 Sold $242,000 MLS #4532456
Sep 29, 2014 Listed $249,900 MLS #4532456

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $208,000 $55,000 $263,000 $3,911
2024 $253,000 $24,000 $277,000 $3,615
2020 $282,529 $3,890
2019 $267,080 $3,714
2018 $247,145 $3,459
2017 $228,615 $3,459
2016 $213,630 $3,045
2015 $189,105 $2,452
2014 $143,870 $2,153
2013 $117,165 $2,296
2012 $124,795 $2,506
2011 $140,145 $2,580
2010 $154,100 $12,400 $166,500 $2,225
2009 $154,100 $12,400 $166,500 $2,310
2008 $157,600 $12,400 $170,000 $2,128
2007 $170,800 $4,500 $175,300 $2,194

Property facts

Year built
1900
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
930 sqft
Lot size
18,905 sqft
ZIP code
55401
City
Minneapolis
Street
1st St
Coordinates
44.98740, -93.27123

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,395
Gross rental yield
5.36%
Implied cap rate
3.48%
Trend-extrapolated value

Frequently asked questions

When did 400 1st St last sell?
400 1st St most recently sold on Aug 26, 2022 for $312,500.
What is the current tax assessment for 400 1st St?
The most recent total assessment for 400 1st St (year 2025) is $263,000 with $3,911 in property tax.
How does 400 1st St's assessment compare to its last sale price?
The current assessment is 15.8% below the last sale price of $312,500.
When was 400 1st St built?
400 1st St was built in 1900.
How does 400 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 400 1st St?
400 1st St is a 2 bed, 1 bath, 930 sqft, 18,905 sqft lot condos.
Is 400 1st St a flip candidate?
No — 400 1st St does not appear in our flips dataset.
Is 400 1st St a tax-appeal candidate?
No — 400 1st St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.3%
Implied 1-yr
+1.1%
2026 Q3
$560.4K
2026 Q4
$562K
ZIP 55401 — Median Price History + Forecast

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