575 1st St
Minneapolis, MN 55401
2 bd 3 ba 1,423 sqft Built 2001 condos
Most recent sale
$405,000
May 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 25, 2022 | Sold | $405,000 | MLS #6158364 |
| Apr 11, 2022 | Price changed | $415,000 | MLS #6158364 |
| Mar 30, 2022 | Price changed | $425,000 | MLS #6158364 |
| Mar 4, 2022 | Listed | $435,000 | MLS #6158364 |
| Apr 11, 2017 | Sold | $359,900 | MLS #4800797 |
| Mar 4, 2017 | Listed | $359,900 | MLS #4800797 |
| Sep 10, 2013 | Sold | $285,000 | MLS #4386328 |
| Jul 1, 2013 | Listed | $285,000 | MLS #4386328 |
| Jun 13, 2011 | Listing removed | $289,000 | NorthstarMLS |
| Apr 15, 2011 | Sold | $262,000 | Public Record |
| Oct 28, 2010 | Sold | $262,000 | MLS #3973074 |
| Sep 20, 2010 | Listed | $270,000 | MLS #3973074 |
| Jul 22, 2010 | Listed | $289,000 | MLS #3951577 |
| Sep 26, 2003 | Sold | $290,000 | Public Record |
| Jul 23, 2002 | Sold | $239,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $424,330 | $6,321 |
| 2024 | — | — | $410,750 | $5,362 |
| 2023 | — | — | $397,670 | $5,234 |
| 2022 | — | — | $397,670 | $5,513 |
| 2021 | — | — | $388,950 | $5,206 |
| 2020 | — | — | $388,950 | $5,641 |
| 2019 | — | — | $361,155 | $5,401 |
| 2018 | — | — | $334,995 | $5,044 |
| 2017 | — | — | $324,095 | $5,005 |
| 2016 | — | — | $298,480 | $4,767 |
| 2015 | — | — | $261,965 | $4,403 |
| 2014 | — | — | $215,095 | $3,892 |
| 2013 | — | — | $213,892 | $3,869 |
| 2012 | $193,600 | $28,900 | $222,500 | $3,904 |
| 2011 | $203,000 | $30,000 | $233,000 | $3,737 |
| 2010 | $217,700 | $33,300 | $251,000 | $3,520 |
| 2009 | $233,200 | $33,300 | $266,500 | $3,808 |
| 2008 | $239,000 | $33,300 | $272,300 | $3,483 |
| 2007 | $305,700 | $38,800 | $344,500 | $4,642 |
Property facts
Year built
2001
Property type
condos
Stories
2
Beds
2
Baths
3
Living area
1,423 sqft
Lot size
—
ZIP code
55401
City
Minneapolis
Street
1st St
Coordinates
44.98818, -93.27377
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
$2,135
Gross rental yield
6.33%
Implied cap rate
4.11%
Trend-extrapolated value
—
Frequently asked questions
When did 575 1st St last sell?
575 1st St most recently sold on May 25, 2022 for $405,000.
What is the current tax assessment for 575 1st St?
The most recent total assessment for 575 1st St (year 2025) is $424,330 with $6,321 in property tax.
How does 575 1st St's assessment compare to its last sale price?
The current assessment is 4.8% above the last sale price of $405,000.
When was 575 1st St built?
575 1st St was built in 2001.
How does 575 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 575 1st St?
575 1st St is a 2 bed, 3 bath, 1,423 sqft condos.
Is 575 1st St a flip candidate?
No — 575 1st St does not appear in our flips dataset.
Is 575 1st St a tax-appeal candidate?
No — 575 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