RealtyLens
for saleRealtyLens property overview
$239,900

401 S 1st St Unit 321

Minneapolis, MN, 55401
View more Minneapolis, MN property pages
1Beds
1Baths
695Sqft
$345$/sqft

Listing Notes

High demand Riverwest condo with views of St Anthony Falls! Riverwest offers a fitness room, outdoor patio, pool, hot tub and a party room. Well maintained unit with wood flooring, upgraded cabinetry, granite counters, stainless steel appliances, in unit laundry, floor to ceiling windows. Great location along the riverfront within walking distance to theaters, restaurants & much more!

Market Insights

Above nearby median+5.2%

$345/sqft vs a nearby median of $328/sqft.

Nearby median$328/sqft
Nearby properties12
Property size695 sqft
  • +5.2% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 695 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$229k$208k$250k · 50% confidence
vs ask $240k+$11k (+4.6%)

Asking price is about 4.6% above where comps + adjustments land — there is room to negotiate.

$329/sqft median across 7 tight comps × 695 sqft= $229k
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+5.2% 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
6 days
Last price change
No change recorded
Listed
May 6, 2026
Photos
2 photos
Property type
condos
Status
for sale

Price History

May 8, 2026Initial record
$239,900for 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.