RealtyLens
for saleRealtyLens property overview
$124,900

15 S 1st St Unit A306

Minneapolis, MN, 55401
View more Minneapolis, MN property pages
StudioBeds
1Baths
472Sqft
$265$/sqft

Listing Notes

Beautiful Updated Studio Condo. All floors and walls have been done. New Cabinets and Granite Cabinets with new stainless steel appliances. Great view of the grounds/garden, city view of city. Security 24 hours community in heart of MPLS. Perfect for Students larger than a dorm with more amenities. U of M bus stop on corner. Light rail near by. Huge gated landscaped gardens. Location cannot be beat, walking distance to North Loop bars/restaurants, Twins, Vikings, Timberwolves, Theatre, Concerts, groceries and so much more to downtown living. Ride train to Univ. of MN, MOA, airport, St Paul. Secure heated underground parking garage, with mailroom for large packages. Heated underground parking $110 or surface parking $75 per month. Car Wash-Motorcycle-Bicycle Storage/parking. The ONLY space in downtown with private outdoor tennis courts. 80 ft outdoor heated lap pool with showers, dressing room, and bathrooms. Large garden area with grills, tables, & umbrellas for entertaining. 2 exercise areas, aerobic exercise room, men's and women's saunas. HOA covers Heat/AC/Water/Garbage/WIFI/Cable/use of all common areas & security! Roof top for star gazing and entertaining, the view is amazing.

Market Insights

Above nearby median+15%

$265/sqft vs a nearby median of $231/sqft.

Nearby median$231/sqft
Nearby properties3
Property size472 sqft
  • +15% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 472 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$107k$95k$119k · 25% confidence
vs ask $125k+$18k (+14.4%)

Asking price is about 14.4% above where comps + adjustments land — there is room to negotiate.

$231/sqft median across 3 tight comps × 472 sqft= $109k
  • Mid-century building era−$2k −1.5%
Cumulative NYC adjustments−$2k−1.5%

Property Read

FreshnessVerification recommended

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

Market Position+15% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

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
3 days
Last price change
No change recorded
Listed
May 9, 2026
Photos
25 photos
Property type
condos
Status
for sale

Photos

Price History

May 9, 2026Initial record
$124,900for 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.