RealtyLens
for saleRealtyLens property overview
$279,900

401 S 1st St Unit 518

Minneapolis, MN, 55401
View more Minneapolis, MN property pages
1Beds
1Baths
832Sqft
$336$/sqft

Listing Notes

Dont miss this opportunity to own just steps from all that downtown and the Mill District have to offer! Step inside to the sun-drenched unit with Southern exposure bringing light in all day. The updated kitchen boasts stainless steel appliances, granite counter tops, and ample storage space. The kitchen flows easily into the informal dining area and living room. Off the living room is your private balcony offering views of the city and a perfect spot to watch the sunset. Back inside, the built-in office space makes for the perfect work from home setup. The oversized primary bedroom has a large walk-in closet with custom built-ins maximizing your storage space. The well thought out updated bathroom is the perfect place to get ready in the morning. Enjoy maximum convenience with an in-unit laundry closet and heated underground parking. Pets allowed. Additional storage unit included. Building amenities include 24-hour security, a fitness center, outdoor pool, grill/patio area, sauna + hot tub, two party rooms, an outdoor dog run, and secure guest parking. Walk out your front door to Stone Arch Bridge, the Mill City Farmers Market, Gold Medal Park, Trader Joe's, shops, restaurants, and miles of biking/walking trails. This well maintained unit is one you dont want to miss!

Market Insights

Near nearby median-0.3%

$336/sqft vs a nearby median of $337/sqft.

Nearby median$337/sqft
Nearby properties12
Property size832 sqft
  • -0.3% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 832 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$280k$259k$301k · 66% confidence
vs ask $280k+$0 (+0.0%)

Asking price is well-anchored to the comp picture (+0.0%). Negotiate on terms, not headline price.

$337/sqft median across 8 tight comps × 832 sqft= $280k
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-0.3% 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
11 days
Last price change
No change recorded
Listed
May 1, 2026
Photos
24 photos
Property type
condos
Status
for sale

Photos

Price History

May 8, 2026Initial record
$279,900for 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.