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401 1st St

Minneapolis, MN 55401

2 bd 2 ba 1,264 sqft Built 1989 Lot 70,785 sqft condos
Most recent sale
$425,000
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 22, 2022 Sold $425,000 MLS #6189326
Jun 9, 2022 Price changed $425,000 MLS #6189326
May 13, 2022 Listed $435,000 MLS #6189326
Feb 23, 2022 Price changed $429,000 MLS #6134518
Jan 13, 2022 Listed $439,950 MLS #6134518
Nov 14, 2019 Sold $435,000 MLS #5292411
Nov 2, 2017 Sold $420,000 Public Record
Sep 30, 2017 Sold $449,900 MLS #4852013
Aug 10, 2017 Price changed $449,900 MLS #4852013
Jul 10, 2017 Listed $459,900 MLS #4852013
Mar 3, 2015 Sold $296,500 MLS #4548340
Dec 31, 2014 Price changed $300,000 MLS #4548340
Dec 8, 2014 Listed $325,000 MLS #4548340
Mar 22, 2005 Sold $297,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $370,920 $5,533
2024 $406,390 $5,305
2023 $387,860 $5,106
2022 $391,675 $5,431
2021 $391,675 $5,242
2020 $391,675 $5,680
2019 $367,000 $11,500 $378,500 $5,650
2018 $343,170 $5,166
2017 $288,670 $4,492
2016 $321,915 $5,135
2015 $296,000 $11,500 $307,500 $5,134
2014 $255,425 $4,607
2013 $255,425 $4,627
2012 $264,690 $4,672
2011 $265,500 $11,500 $277,000 $4,513
2010 $279,700 $13,800 $293,500 $4,179
2009 $301,700 $13,800 $315,500 $4,578
2008 $311,200 $13,800 $325,000 $4,229
2007 $312,500 $12,700 $325,200 $4,360

Property facts

Year built
1989
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,264 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
$1,896
Gross rental yield
5.35%
Implied cap rate
3.48%
Trend-extrapolated value

Frequently asked questions

When did 401 1st St last sell?
401 1st St most recently sold on Jul 22, 2022 for $425,000.
What is the current tax assessment for 401 1st St?
The most recent total assessment for 401 1st St (year 2025) is $370,920 with $5,533 in property tax.
How does 401 1st St's assessment compare to its last sale price?
The current assessment is 12.7% below the last sale price of $425,000.
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 2 bed, 2 bath, 1,264 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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