RealtyLens
for saleRealtyLens property overview
$289,900

400 N 1st St Apt 502

Minneapolis, MN, 55401
View more Minneapolis, MN property pages
2Beds
1Baths
801Sqft
$362$/sqft

Listing Notes

Located on a quiet street in the heart of the North Loop, you are a short walk away from everything you could want on Washington Avenue while having your personal oasis just far enough away from the hustle and bustle truly the best of both worlds! This 100+ year old converted warehouse is loaded with all the charm and modern comforts you could want. Exposed brick, timber beams, and soaring ceilings you got it all here! The Kitchen, Bathroom and living area flooring have all been updated major projects you wont have to stress about from day one! Most units at Riverwalk Lofts do not have an in-unit Washer + Dryer and have to share the community laundry room on each floor. Not for you though, this unit has its own Washer + Dryer combo so you will never have to wait for your neighbor to finish washing their clothes! If you like to bike, walk, or run you will love the Cedar Lake and Mississippi Trails both are a couple minutes away on bike and less than 10 minutes walking. Exceptional Restaurants and Coffee Shops are not in short supply here either. Make sure to check out the Virtual Home Tour and come see for yourself book your private tour today!

Market Insights

Above nearby median+7.4%

$362/sqft vs a nearby median of $337/sqft.

Nearby median$337/sqft
Nearby properties8
Property size801 sqft
  • +7.4% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 801 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$283k$261k$305k · 63% confidence
vs ask $290k+$7k (+2.4%)

Asking price is well-anchored to the comp picture (+2.4%). Negotiate on terms, not headline price.

$345/sqft median across 7 tight comps × 801 sqft= $276k
  • Pre-war character+$7k +2.5%
Cumulative NYC adjustments+$7k+2.5%

Property Read

FreshnessVerification recommended

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

Market Position+7.4% 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
1 day
Last price change
No change recorded
Listed
May 11, 2026
Photos
32 photos
Property type
condos
Status
for sale

Photos

Price History

May 12, 2026Initial record
$289,900for 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.