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401 1st St

Minneapolis, MN 55401

1 bd 1 ba 832 sqft Built 1989 Lot 871 sqft condos
Most recent sale
$257,500
May 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 7, 2025 Sold $247,000 NorthstarMLS
Mar 28, 2025 Price changed $249,900 NorthstarMLS
Mar 28, 2025 Listed $249,900 NorthstarMLS
Feb 5, 2025 Listed $259,900 NorthstarMLS
Sep 25, 2024 Price changed $259,900 NorthstarMLS
Apr 15, 2024 Price changed $269,900 NorthstarMLS
Feb 8, 2024 Listed $274,900 NorthstarMLS
May 18, 2022 Sold $257,500 MLS #6163548
Mar 15, 2022 Listed $257,500 MLS #6163548
Jan 26, 2022 Price changed $259,900 MLS #6114692
Jan 7, 2022 Price changed $264,900 MLS #6114692
Nov 19, 2021 Listed $269,000 MLS #6114692
Jan 8, 2020 Price changed for rent $1,595 RentFeeder
Dec 18, 2019 Listed for rent $1,695 RentFeeder
Sep 4, 2012 Sold $180,000 MLS #4169205
Jul 2, 2012 Listed $194,900 MLS #4169205
Oct 27, 2005 Sold $205,945 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $223,770 $3,362
2024 $250,520 $3,317
2023 $237,440 $3,143
2022 $246,500 $16,000 $262,500 $3,653
2021 $246,600 $15,900 $262,500 $3,527
2020 $254,200 $8,300 $262,500 $3,821
2019 $244,200 $8,300 $252,500 $3,786
2018 $227,700 $8,300 $236,000 $3,562
2017 $209,700 $8,300 $218,000 $3,374
2016 $197,700 $8,300 $206,000 $3,276
2015 $183,700 $8,300 $192,000 $3,205
2014 $159,700 $8,300 $168,000 $3,011
2013 $145,880 $2,675
2012 $151,330 $2,703
2011 $164,700 $8,300 $173,000 $2,678
2010 $175,200 $8,300 $183,500 $2,473
2009 $188,700 $8,300 $197,000 $2,718
2008 $192,200 $8,300 $200,500 $2,466
2007 $192,400 $8,300 $200,700 $2,548

Property facts

Year built
1989
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
832 sqft
Lot size
871 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
5.82%
Implied cap rate
3.78%
Trend-extrapolated value

Frequently asked questions

When did 401 1st St last sell?
401 1st St most recently sold on May 18, 2022 for $257,500.
What is the current tax assessment for 401 1st St?
The most recent total assessment for 401 1st St (year 2025) is $223,770 with $3,362 in property tax.
How does 401 1st St's assessment compare to its last sale price?
The current assessment is 13.1% below the last sale price of $257,500.
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, 832 sqft, 871 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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