RealtyLens
for saleRealtyLens property overview
$162,500

1200 Nicollet Mall Apt 307

Minneapolis, MN, 55403
View more Minneapolis, MN property pages
1Beds
1Baths
860Sqft
$189$/sqft

Listing Notes

Why choose between the city and a sanctuary? At 1200 On the Mall, you get both. This updated 1-bedroom condo features a private balcony overlooking the lush, quiet, resident only courtyarda perfect escape after a day spent exploring the many nearby amenities of the Loring Park neighborhood of Downtown Minneapolis. Inside, the home boasts bamboo floors and an updated kitchen with soft-close cabinets & stainless-steel appliances. The buildings community is second to none, featuring frequent social events so you can meet your awesome neighbors! 24-hour onsite staff, package handling, and free guest parking adds to the convenience of the building. Major recent upgrades include a new roof (2025) and upcoming new balcony railings, all with no planned special assessments. This is truly one of the most well run & healthy associations in Minneapolis. Electric vehicle owners rejoice: the included heated parking space with storage is EV-ready. With high-speed internet, cable, gas, and heat all included in the dues, your only utility is electricity. Commercial laundry rooms are available on every floor and are FREE. Modern, secure, and perfectly locatedwelcome home.

Market Insights

Below nearby median-14%

$189/sqft vs a nearby median of $220/sqft.

Nearby median$220/sqft
Nearby properties9
Property size860 sqft
  • -14% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 860 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$177k$162k$192k · 53% confidence
vs ask $163k−$14k (−8.6%)

Asking price is about 8.6% below the fair value — likely to draw competing offers if it's still on market.

$210/sqft median across 6 tight comps × 860 sqft= $180k
  • Mid-century building era−$3k −1.5%
Cumulative NYC adjustments−$3k−1.5%

Property Read

FreshnessVerification recommended

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

Market Position-14% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

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
5 days
Last price change
No change recorded
Listed
May 7, 2026
Photos
37 photos
Property type
condos
Status
for sale
Last sold
Dec 2, 2019 · $174,000
Garage
1 space

Features & Amenities

Central AirGymOutdoor SpaceParkSecurity FeaturesDishwasherForced AirHardwood FloorsLaundry RoomPets AllowedRecreation FacilitiesSingle StoryGarage 1 Or MoreUpdated KitchenGuest ParkingNew RoofBalconyDen

Photos

Price History

May 8, 2026Initial record
$162,500for 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.