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401 1st St

Minneapolis, MN 55401

1 bd 1 ba 832 sqft Built 1989 Lot 70,785 sqft condos
Most recent sale
$250,000
May 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 19, 2022 Sold $250,000 MLS #6143226
Feb 28, 2022 Listed $260,000 MLS #6143226
Mar 16, 2018 Sold $234,000 MLS #4870354
Dec 4, 2017 Price changed $239,900 MLS #4870354
Oct 2, 2017 Price changed $249,900 MLS #4870354
Aug 29, 2017 Listed $259,900 MLS #4870354
Aug 28, 2012 Listing removed $195,000 NorthstarMLS
Dec 11, 2007 Listed $195,000 MLS #3474347
Oct 28, 2005 Sold $200,275 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $226,000 $20,000 $246,000 $3,658
2024 $241,000 $20,000 $261,000 $3,406
2023 $235,260 $3,116
2022 $246,160 $3,430
2021 $246,160 $3,314
2020 $246,160 $3,592
2019 $235,260 $3,543
2018 $217,275 $3,310
2017 $198,200 $3,104
2016 $185,120 $2,984
2015 $170,405 $2,892
2014 $144,245 $2,635
2013 $144,245 $2,644
2012 $149,695 $2,675
2011 $163,200 $8,300 $171,500 $2,652
2010 $173,200 $8,300 $181,500 $2,442
2009 $187,200 $8,300 $195,500 $2,695
2008 $190,700 $8,300 $199,000 $2,445
2007 $190,600 $8,300 $198,900 $2,716

Property facts

Year built
1989
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
832 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
$1,248
Gross rental yield
5.99%
Implied cap rate
3.89%
Trend-extrapolated value

Frequently asked questions

When did 401 1st St last sell?
401 1st St most recently sold on May 19, 2022 for $250,000.
What is the current tax assessment for 401 1st St?
The most recent total assessment for 401 1st St (year 2025) is $246,000 with $3,658 in property tax.
How does 401 1st St's assessment compare to its last sale price?
The current assessment is 1.6% below the last sale price of $250,000.
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, 832 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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