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401 1st St

Minneapolis, MN 55401

1 bd 1 ba 695 sqft Built 1989 Lot 70,785 sqft condos
Most recent sale
$242,500
Aug 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 5, 2022 Sold $242,500 MLS #6195477
May 18, 2022 Listed $249,900 MLS #6195477
Apr 26, 2017 Sold $220,000 MLS #4812634
Apr 5, 2017 Listed $224,900 MLS #4812634
May 17, 2016 Sold $194,604 MLS #4678453
Feb 9, 2016 Listed $199,900 MLS #4678453
Aug 15, 2005 Sold $186,480 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $221,090 $3,233
2019 $221,090 $3,189
2018 $211,280 $2,960
2017 $194,930 $2,731
2016 $174,765 $2,918
2015 $176,500 $7,000 $183,500 $2,864
2014 $164,500 $7,000 $171,500 $2,680
2013 $142,500 $7,000 $149,500 $2,692
2012 $142,500 $7,000 $149,500 $2,711
2011 $147,500 $7,000 $154,500 $2,586
2010 $147,500 $7,000 $154,500 $2,388
2009 $156,500 $7,000 $163,500 $2,603
2008 $169,000 $7,000 $176,000 $2,387
2007 $171,000 $7,000 $178,000 $2,430

Property facts

Year built
1989
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
695 sqft
Lot size
70,785 sqft
ZIP code
55401
City
Minneapolis
Street
1st St
Coordinates
44.98091, -93.26084

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
$1,043
Gross rental yield
5.16%
Implied cap rate
3.35%
Trend-extrapolated value

Frequently asked questions

When did 401 1st St last sell?
401 1st St most recently sold on Aug 5, 2022 for $242,500.
What is the current tax assessment for 401 1st St?
The most recent total assessment for 401 1st St (year 2020) is $221,090 with $3,233 in property tax.
How does 401 1st St's assessment compare to its last sale price?
The current assessment is 8.8% below the last sale price of $242,500.
When was 401 1st St built?
401 1st St was built in 1989.
How does 401 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 401 1st St?
401 1st St is a 1 bed, 1 bath, 695 sqft, 70,785 sqft lot condos.
Is 401 1st St a flip candidate?
No — 401 1st St does not appear in our flips dataset.
Is 401 1st St a tax-appeal candidate?
No — 401 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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