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401 1st St

Minneapolis, MN 55401

1 bd 1 ba 922 sqft Built 1989 condos
Most recent sale
$330,000
Nov 29, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 6, 2024 Sold $320,598 NorthstarMLS
Aug 8, 2024 Listed $339,000 NorthstarMLS
Jul 20, 2022 Listing removed $1,695 NorthstarMLS
Jul 1, 2022 Listed for rent $1,695 NorthstarMLS
May 17, 2022 Price changed $309,000 MLS #6188077
May 1, 2022 Listed $329,000 MLS #6188077
Apr 14, 2022 Price changed $339,000 MLS #6154902
Apr 7, 2022 Price changed $350,000 MLS #6154902
Feb 20, 2022 Listed $369,000 MLS #6154902
Nov 29, 2021 Sold $330,000 MLS #6118701
Nov 2, 2021 Price changed $339,900 MLS #6118701
Oct 22, 2021 Listed $375,000 MLS #6118701
Apr 18, 2005 Sold $223,950 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $300,070 $4,488
2024 $319,000 $22,000 $341,000 $4,484
2023 $305,000 $20,000 $325,000 $4,276
2022 $302,000 $18,000 $320,000 $4,435
2021 $303,800 $16,200 $320,000 $4,298
2020 $311,900 $8,100 $320,000 $4,656
2019 $299,400 $8,100 $307,500 $4,609
2018 $279,400 $8,100 $287,500 $4,338
2017 $241,900 $8,100 $250,000 $3,868
2016 $227,900 $8,100 $236,000 $3,753
2015 $211,900 $8,100 $220,000 $3,673
2014 $194,400 $8,100 $202,500 $3,629
2013 $184,400 $8,100 $192,500 $3,465
2012 $190,400 $8,100 $198,500 $3,483
2011 $189,300 $9,200 $198,500 $3,322
2010 $201,300 $9,200 $210,500 $3,075
2009 $216,800 $9,200 $226,000 $3,342
2008 $221,800 $9,200 $231,000 $2,898
2007 $221,700 $9,200 $230,900 $3,153

Property facts

Year built
1989
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
922 sqft
Lot size
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
$1,383
Gross rental yield
5.03%
Implied cap rate
3.27%
Trend-extrapolated value

Frequently asked questions

When did 401 1st St last sell?
401 1st St most recently sold on Nov 29, 2021 for $330,000.
What is the current tax assessment for 401 1st St?
The most recent total assessment for 401 1st St (year 2025) is $300,070 with $4,488 in property tax.
How does 401 1st St's assessment compare to its last sale price?
The current assessment is 9.1% below the last sale price of $330,000.
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, 922 sqft 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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