Listed at
$429,000
$339/sqft

Cic 1487 Riverwest Condo

401 S 1st Street #1602, Minneapolis, MN, 55401
2  Bedrooms2  Bathrooms1,264  Square Feet1.62  Acres
Days on market629
Year built1989
Garage spaces2
HOA / month$849
TypeResidential
Est. $9,870buyer credit when you buy with SODL
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About this home

Experience luxury living in this highly sought-after Riverwest condo, perched on the 16th floor with breathtaking views of the Mississippi River, Stone Arch Bridge, Mill District, and St. Anthony Main. This rarely available 2-bedroom, 2-bathroom corner unit offers a spacious open concept layout, divided bedrooms for privacy, and an abundance of natural light from large windows throughout. Enjoy a beautifully updated kitchen with stainless steel appliances, granite countertops, and a breakfast bar perfect for entertaining. Both bathrooms feature modern updates, and the in-unit washer and dryer add convenience. Step out onto the private balcony to take in stunning views of Gold Medal Park and the Guthrie Theater. This move-in ready condo includes two heated garage parking stalls (#346 & #348), a storage unit, and access to first-class building amenities, including an exercise gym, outdoor pool, hot tub, sauna, grills, locker rooms, community room with a pool table, and a spacious gathering area with a kitchen. Don’t miss this rare opportunity to own a corner unit in one of the most desirable buildings along the riverfront.

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Home facts

Property typeResidential
Property subtypeHigh Rise
Year built1989
LevelsOne
Living area1,264 sqft
Above-grade finished1,264 sqft
Below-grade finished0 sqft
Lot size1.62 acres (common)
Days on market629
ListedJan 7, 2025
MLS #NST6646381
CountyHennepin
SubdivisionCic 1487 Riverwest Condo
Parcel #2302924310395

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Bath breakdown
2 full
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer

Property

Levels / stories
One
Garage
2 spaces · 300 sqft
Parking features
Assigned, Concrete, Garage Door Opener, Guest Parking, Heated Garage, Parking Garage, Secured
Pool
Below Ground, Outdoor Pool, Shared
View
East, North
Waterfront
Mississippi River · River View

Construction

Property type
Residential
Property subtype
High Rise
Construction materials
Brick/Stone
Foundation
1,264 sqft
Roof
Flat
Year built
1989

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected

Community & HOA

Subdivision
Cic 1487 Riverwest Condo
HOA
$849/month
HOA name
First Service Residential
HOA phone
952-277-2700
HOA includes
Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Gas, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Sewer, Shared Amenities, Snow Removal
HOA amenities
Car Wash, Concrete Floors & Walls, Deck, Elevator(s), Fire Sprinkler System, Spa/Hot Tub, Lobby Entrance, Other, Patio, Sauna

Financial & listing details

Annual tax
$5,365 (2024)
Tax with assessments
5431.0000
Listed
Jan 7, 2025
Days on market
629 · 2 cumulative

Interior details

Total bathrooms2
Full baths2
3/4 baths0
Half baths0
1/4 baths0
BasementNone
HeatingForced Air
CoolingCentral Air
AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
AccessibilityNone

Exterior & lot

RoofFlat
Foundation area1,264 sqft
Lot featuresPublic Transit (w/in 6 blks), Tree Coverage - Light
Road frontageCity Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
Road responsibilityPublic Maintained Road
ZoningResidential-Multi-Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected

Parking & garage

ParkingAssigned, Concrete, Garage Door Opener, Guest Parking, Heated Garage, Parking Garage, Secured
Garage spaces2
Garage size300 sqft

Financial details

Annual taxes$5,365
Tax year2024
Taxes w/ assessments5431.0000
Assessment pendingNo
HOA fee$849
Down payment resourceY
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District number1
District phone612-668-0000
High schoolMinneapolis
SODL flat fee brokerage
$9,870Estimated buyer credit
SODL platform fee $3,000Your buyer credit $9,870

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$3,694/mo
Principal & interest$2,255
Property taxes$447
Home insurance (est.)$143
HOA fees$849
%
$85,800
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

401 S 1st Street #1602, Minneapolis, MN, 55401

Listing information

MLS #NST6646381
StatusActive
Last updatedJan 10, 2025, 12:04 AM
Originally listedJan 8, 2025, 4:50 AM
Listing officeRE/MAX Results

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.