RealtyLens
for saleRealtyLens property overview
$250,000

15 S 1st St Apt A1020

Minneapolis, MN, 55401
View more Minneapolis, MN property pages
3Beds
1.75Baths
1,268Sqft
$197$/sqft

Listing Notes

This condo is available for the first time in about 40 years! Located in one of the most iconic condo buildings in downtown Minneapolis -- The River Towers. This condo building has a large, beautiful green space that is unlike anything else in the heart of Mpls/North Loop area. Bring your imagination - offering full flexibility to create your own custom finishes that fit your taste. The corner unit overlooks the courtyard and the Hennepin bridge and the Mississippi River. And, with 3 spacious bedrooms, a unit this size is a rare find! Additionally, the home has 2 bathrooms; bath and a full bath in the owner's bedroom. A full array of amenities include outdoor heated pool, gardens/herbs, grills, indoor carwash, guest suites $95/night, 30-day rentals, guest parking, amazing panoramic rooftop patio with city/sunset/sunrise views. 2 exercise rooms, saunas, library/business ctr, lobby/lounge spaces, party room w/full kitchen/catering/rent, onsite maintenance, tennis/pickleball courts, bike racks, 24-7 security/packages/storage. Walk to Whole Foods, Starbucks, restaurants/shops, Four Seasons Hotel, Trader Joes, Warehouse District, Guthrie, Target Field, US Bank Stadium, Stone Arch Bridge. Perfect for your active downtown lifestyle.

Market Insights

Below nearby median-41%

$197/sqft vs a nearby median of $333/sqft.

Nearby median$333/sqft
Nearby properties12
Property size1,268 sqft
  • -41% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,268 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$420k$386k$454k · 59% confidence
vs ask $250k−$170k (−68.0%)

Asking price is about 68.0% below the fair value — likely to draw competing offers if it's still on market.

$336/sqft median across 11 tight comps × 1,268 sqft= $426k
  • Mid-century building era−$6k −1.5%
Cumulative NYC adjustments−$6k−1.5%

Property Read

FreshnessVerification recommended

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

Market Position-41% 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 Read3 items to check
AI ReadinessReady to analyze
Assistant read

Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.

Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
10 days
Last price change
No change recorded
Listed
May 2, 2026
Photos
45 photos
Property type
condos
Status
for sale

Photos

Price History

May 8, 2026Initial record
$250,000for 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.