Listed at
$420,000
$309/sqft

Cic 1487 Riverwest Condo

401 S 1st Street #1023, Minneapolis, MN, 55401
2  Bedrooms2  Bathrooms1,358  Square Feet
Days on market53
Year built1989
Garage spaces1
HOA / month$1,016.38
TypeResidential
Est. $9,600buyer credit when you buy with SODL
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About this home

This tenth floor RiverWest home is all about the view: downtown Minneapolis skyline on one side, the Mississippi River and Third Avenue Bridge on the other, both framed from your own private balcony. Inside, the open concept layout is dialed in with granite counters, stainless steel appliances, a breakfast bar, and hardwood floors through the main living space, plus a generous walk-in closet with custom built-ins. You'll also get in-unit laundry, a private storage locker, and a deeded garage parking space. Monthly dues cover cable and internet, and residents get the full run of RiverWest's amenities: rooftop pool, sauna, whirlpool, fitness center, club rooms, and 24-hour front desk staff. It's all moments from the Guthrie Theater, Mill City Museum, and North Loop restaurants, right on the river.

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Home facts

Property typeResidential
Property subtype(CC) High Rise (4+ Levels)
Year built1989
LevelsOne
Living area1,358 sqft
Above-grade finished1,358 sqft
Below-grade finished0 sqft
Lot size0 acres (Common)
Days on market53
ListedAug 3, 2026
MLS #NST7102834
CountyHennepin
SubdivisionCic 1487 Riverwest Condo
Parcel #2302924310278

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
1 space
Parking features
Assigned, Guest Parking, Heated Garage, Underground
Exterior features
Stone
Pool
Below Ground, Heated, Outdoor, Shared
Fencing
None

Construction

Property type
Residential
Property subtype
(CC) High Rise (4+ Levels)
Foundation
Other · 1,358 sqft
Roof
Flat
Year built
1989

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas

Community & HOA

Subdivision
Cic 1487 Riverwest Condo
HOA
$1,016.38/month
HOA name
First Service Residential
HOA phone
9522772700
HOA includes
Air Conditioning, Building Exterior, Cable TV, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Security Staff, Security System, Sewer, Shared Amenities, Snow Removal, Water
HOA amenities
Guard - 24 Hour, Car Wash, Elevator(s), Hot Tub, Lobby Entrance, Sauna, Security Building

Financial & listing details

Annual tax
$5,660 (2026)
Listed
Aug 3, 2026
Days on market
53
Special listing conditions
Short Sale
Short sale potential
Yes
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths2
3/4 baths0
Half baths0
1/4 baths0
BasementNone
HeatingForced Air
CoolingCentral Air
LaundryLaundry Closet, In Unit
AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
DiningBreakfast Bar, Eat In Kitchen, Informal Dining Room, Living/Dining Room
AmenitiesBalcony, Cable, City View, French Doors, Hardwood Floors, Primary Bedroom Walk-In Closet, Panoramic View, Tile Floors, Washer/Dryer Hookup, Walk-In Closet
AccessibilityAccessible Elevator Installed

Exterior & lot

ExteriorStone
RoofFlat
FoundationOther
Foundation area1,358 sqft
Road frontageCity Street, Curbs, Paved Streets, Sidewalks, Street Lights
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAssigned, Guest Parking, Heated Garage, Underground
Garage spaces1

Financial details

Annual taxes$5,660
Tax year2026
Taxes w/ assessments5660
Assessment pendingNo
HOA fee$1,016.38
Down payment resourceYes
Lender ownedNo
Short saleYes
ForeclosureNo

Schools

District1 - Minneapolis
District number1
District phone6126680000
High schoolMinneapolis
SODL flat fee brokerage
$9,600Estimated buyer credit
SODL platform fee $3,000Your buyer credit $9,600

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

$3,835/mo
Principal & interest$2,207
Property taxes$472
Home insurance (est.)$140
HOA fees$1,016
%
$84,000
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 #1023, Minneapolis, MN, 55401

Listing information

MLS #NST7102834
StatusActive
Last updatedSep 16, 2026, 7:41 PM
Originally listedAug 6, 2026, 12:00 AM
Listing officeLakes Sotheby's International Realty

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.