401 1st St
Minneapolis, MN 55401
1 bd 1 ba 860 sqft Built 1989 Lot 70,785 sqft condos
Most recent sale
$289,000
May 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 31, 2022 | Sold | $289,000 | MLS #6148425 |
| Feb 9, 2022 | Listed | $289,000 | MLS #6148425 |
| Aug 22, 2005 | Sold | $239,570 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $227,040 | $3,410 |
| 2024 | — | — | $252,700 | $3,347 |
| 2023 | — | — | $252,700 | $3,162 |
| 2022 | — | — | $266,870 | $3,540 |
| 2021 | — | — | $266,870 | $3,420 |
| 2020 | — | — | $266,870 | $3,706 |
| 2019 | — | — | $255,425 | $3,652 |
| 2018 | — | — | $236,350 | $3,387 |
| 2017 | — | — | $206,375 | $3,017 |
| 2016 | — | — | $193,295 | $2,894 |
| 2015 | — | — | $177,490 | $2,778 |
| 2014 | — | — | $150,240 | $2,495 |
| 2013 | — | — | $150,240 | $2,751 |
| 2012 | — | — | $156,235 | $2,788 |
| 2011 | $168,900 | $8,600 | $177,500 | $2,758 |
| 2010 | $179,400 | $8,600 | $188,000 | $2,543 |
| 2009 | $193,900 | $8,600 | $202,500 | $2,805 |
| 2008 | $197,400 | $8,600 | $206,000 | $2,544 |
| 2007 | $197,600 | $8,600 | $206,200 | $2,628 |
Property facts
Year built
1989
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
860 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 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,290
Gross rental yield
5.36%
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 May 31, 2022 for $289,000.
What is the current tax assessment for 401 1st St?
The most recent total assessment for 401 1st St (year 2025) is $227,040 with $3,410 in property tax.
How does 401 1st St's assessment compare to its last sale price?
The current assessment is 21.4% below the last sale price of $289,000.
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, 860 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 valuationQuarterly trend
+0.3%
Implied 1-yr
+1.1%
2026 Q3
$560.4K
2026 Q4
$562K
ZIP 55401 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 1st St