RealtyLens
for saleRealtyLens property overview
$475,000

401 S 1st St Unit 1823

Minneapolis, MN, 55401
View more Minneapolis, MN property pages
2Beds
2Baths
1,358Sqft
$350$/sqft

Listing Notes

Savor the view from the TOP! This light-filled, TOP-FLOOR, CORNER UNIT boasts spectacular downtown skyline AND Mississippi River views, a remodeled, open-concept kitchen and 9.5 ceilings throughout. This spacious 2 bedroom, 2 (full) bath and 2 garage stall unit offers you an ample pied a terre in the Minneapolis Mill District - with an open balcony, only sun and stars above. This unique unit is wonderful for year-round or seasonal living in a full amenity building with a prime location on the historic Mississippi riverfront - Steps from the Stone Arch Bridge, Guthrie Theatre, Mill City Farmers Market, Gold Medal Park and West River Parkway. Walk to grocery stores, restaurants and your favorite cultural events. Conveniently located near NE Minneapolis Art District with easy access to 35W/394/94. Amenities include: 24-hour concierge staff, outdoor pool/promenade/grill area, pet exercise area, fitness center, sauna, whirlpool, social spaces, secured package room and carwash. Xfinity cable and internet included in monthly association dues. This unit has plenty of storage in-unit, including a 4x16 closet in addition to a separate storage unit located on the same floor plus an extra wide parking stall located on the main lobby floor parking area for easy access. Brand New HVAC(Fancoil) unit installed March 2026 with wifi Thermostat

Market Insights

Near nearby median+2.0%

$350/sqft vs a nearby median of $343/sqft.

Nearby median$343/sqft
Nearby properties8
Property size1,358 sqft
  • +2.0% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,358 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$388k$346k$430k · 33% confidence
vs ask $475k+$87k (+18.3%)

Asking price is about 18.3% above where comps + adjustments land — there is room to negotiate.

$286/sqft median across 4 tight comps × 1,358 sqft= $388k
Cumulative NYC adjustments+$0+0.0%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position+2.0% vs nearby

The property is close to nearby price-per-square-foot levels, so the decision will likely come down to condition and layout.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
8 days
Last price change
No change recorded
Listed
May 5, 2026
Photos
51 photos
Property type
condos
Status
for sale
Last sold
Jun 16, 2014 · $360,000
Garage
2 spaces

Features & Amenities

Central AirCity ViewOutdoor SpaceSecurity FeaturesDishwasherForced AirLaundry RoomPets AllowedRecreation FacilitiesRiver ViewViewWasher DryerWater ViewSingle StoryGarage 1 Or MoreGarage 2 Or MoreWaterfrontModern Kitchen

Photos

Price History

May 8, 2026Initial record
$475,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.