CondominiumResidential

408 N 1st St

MINNEAPOLIS, MN 55401

0.52 ac

Lot Size

2001

Year Built

Stories

Built 20017 floors221 units1,610–2,387 ft²

$62M

All units combined

$200K

Median unit value

$280

Median $/ft²

-20.9%vs the Minneapolis ZIP median sale $/ft² ($354)

Sales Performance

$551K

Median sale (12 mo)

+2.1%

1-yr change

Sales (12 mo)

6.3%

Turnover (12 mo)

This building's own appreciation

+1.6%per yeartypical hold 5.8 yrsfrom 254 same-unit resales

Median sale price (yearly, all time)MedianSales

20042007201020132017202020232026

Sale price per ft² (yearly, all time)$/ft²

20042007201020132017202020232026

460 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated value

1 bd2 bd

Studio

169 units$200K

1 bed

33 units$548K · $282/ft²

2 bed

19 units$547K · $275/ft²

Recurring floor plans

2 bd · 2 ba · 1,860 ft²

5 units$533K · $286/ft²

1 bd · 2 ba · 1,890 ft²

5 units$543K · $287/ft²

1 bd · 2 ba · 1,908 ft²

5 units$515K · $270/ft²

1 bd · 2 ba · 2,000 ft²

5 units$563K · $282/ft²

2 bd · 2 ba · 2,124 ft²

5 units$581K · $274/ft²

1 bd · 2 ba · 1,900 ft²

4 units$532K · $280/ft²

1 bd · 2 ba · 1,926 ft²

4 units$562K · $292/ft²

1 bd · 2 ba · 2,042 ft²

4 units$559K · $274/ft²

2 bd · 2 ba · 2,325 ft²

4 units$597K · $257/ft²

1 bd · 2 ba · 2,073 ft²

3 units$565K · $272/ft²

2 bd · 2 ba · 2,073 ft²

2 units$577K · $278/ft²

One-off layouts

175 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$140K–$201K

154 units

$207K–$266K

14 units

$391K–$393K

2 units

$415K–$437K

5 units

$492K–$529K

9 units

$533K–$584K

29 units

$603K–$659K

8 units

Value by Floor & LineAverage estimated price per square foot by floor range, using unit numbers to infer floors. Higher floors usually price higher — the gap shows how much the view is worth here.

Floor 1

$263/ft²2 units · -6%

Floor 3

$263/ft²10 units · -6%

Floors 4–5

$270/ft²20 units · -4%

Floor 6

$270/ft²10 units · -4%

Floor 7

$293/ft²10 units · +5%

Unit lines by $/ft²

Line ·04

$286/ft²5 units · +2%

Line ·06

$280/ft²5 units · +0%

Line ·10

$278/ft²5 units · -1%

Line ·01

$277/ft²6 units · -1%

Line ·08

$276/ft²5 units · -1%

Line ·05

$273/ft²5 units · -3%

Line ·02

$273/ft²6 units · -3%

Line ·07

$271/ft²5 units · -3%

Line ·03

$259/ft²5 units · -7%

Line ·09

$252/ft²5 units · -10%

Ownership & Financing

Owner-occupied20%

Company-owned11%

Typical owner tenure9.0 yrs

Cash purchases (5 yrs)32%

Avg. loan-to-value16%

Median owner equity$577,695

Median tax bill$457

Pre-foreclosure notices0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit G55Aug 21, 2026$220,500 Unit 509Jul 31, 2026$765,000$329/ft² Unit G223Jul 31, 2026$765,000 Unit G222Jul 31, 2026$765,000 Unit G61Jun 17, 2026$298,000 Unit G11Jun 2, 2026$390,000 Unit 305May 27, 2026$570,000$299/ft² Unit G60Apr 29, 2026$261,700 Unit 404Dec 19, 2025$532,500$276/ft² Unit G213Dec 19, 2025$532,500

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Property Facts

Property TypeCondominium

StyleCondo/Apartment

CountyHENNEPIN

Lot (acres)0.52

ConstructionConcrete

HeatingForced Air With Air Conditioning

CoolingYes

PoolNo

FeaturesPorch · 52 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

Webster Community SchoolD-

Elementary · Grades PK–5 · 0.9 mi

Edison High SchoolC

High · Grades 9–12 · 1.8 mi

Northeast Community Middle SchoolD

Middle · Grades 6–8 · 3.0 mi

District: Minneapolis Public School District

Neighborhood · ZIP 55401These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

Crime167

Air pollution93

Earthquake13

Index scale: 100 = US average (tick). Lower is better.

Homes occupied90%

Bachelor's or higher40%

Poverty rate7.3%

Unemployment1.1%

Population12,952

Density12,383 / mi²

Median income$121,064

Average income$159,812

Average temp45°F

Annual precip32 in

Sunshine58%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

1 bd · 2.5 ba · 1,740 ft²

1 bd · 1.5 ba · 1,610 ft²

2 bd · 2 ba · 1,860 ft²

$547K

408 N 1st St # 302

1 bd · 2 ba · 1,900 ft²

$518K

408 N 1st St # 303

2 bd · 2 ba · 2,124 ft²

$430K

408 N 1st St # 304

2 bd · 2 ba · 1,926 ft²

$529K

408 N 1st St # 305

1 bd · 2 ba · 1,908 ft²

$572K

408 N 1st St # 306

1 bd · 2 ba · 2,000 ft²

$563K

408 N 1st St # 307

1 bd · 2 ba · 2,042 ft²

$431K

408 N 1st St # 308

1 bd · 2 ba · 1,890 ft²

$539K

408 N 1st St # 309

2 bd · 2 ba · 2,387 ft²

$584K

408 N 1st St # 310

2 bd · 2 ba · 2,073 ft²

$547K

408 N 1st St # 401

2 bd · 2 ba · 1,860 ft²

$533K

408 N 1st St # 402

1 bd · 2 ba · 1,980 ft²

$536K

408 N 1st St # 403

2 bd · 2 ba · 2,124 ft²

$501K

408 N 1st St # 404

1 bd · 2 ba · 1,926 ft²

$536K

408 N 1st St # 405

1 bd · 2 ba · 1,908 ft²

$515K

408 N 1st St # 406

1 bd · 2 ba · 2,000 ft²

$548K

408 N 1st St # 407

1 bd · 2 ba · 2,042 ft²

$550K

408 N 1st St

1 bd · 2 ba · 1,890 ft²

$544K

408 N 1st St # 409

2 bd · 2 ba · 2,325 ft²

$583K

408 N 1st St # 410

1 bd · 2 ba · 2,073 ft²

$560K

408 N 1st St # 501

2 bd · 2 ba · 1,860 ft²

$426K

408 N 1st St # 502

1 bd · 2 ba · 1,900 ft²

$515K

408 N 1st St # 503

2 bd · 2 ba · 2,124 ft²

$581K

408 N 1st St # 504

1 bd · 2 ba · 1,926 ft²

$557K

408 N 1st St # 505

1 bd · 2 ba · 1,908 ft²

$515K

408 N 1st St # 506

1 bd · 2 ba · 2,000 ft²

$540K

408 N 1st St # 507

1 bd · 2 ba · 2,042 ft²

$567K

408 N 1st St # 508

1 bd · 2 ba · 1,890 ft²

$543K

408 N 1st St # 509

2 bd · 2 ba · 2,325 ft²

$612K

408 N 1st St # 510

1 bd · 2 ba · 2,073 ft²

$565K

408 N 1st St # 601

2 bd · 2 ba · 1,860 ft²

$534K

408 N 1st St # 602

1 bd · 2 ba · 1,900 ft²

$546K

408 N 1st St # 603

2 bd · 2 ba · 2,124 ft²

$615K

408 N 1st St # 604

1 bd · 2 ba · 1,926 ft²

$567K

408 N 1st St # 605

1 bd · 2 ba · 1,908 ft²

$437K

408 N 1st St # 606

1 bd · 2 ba · 2,000 ft²

$574K

408 N 1st St # 607

2 bd · 2 ba · 2,042 ft²

$604K

408 N 1st St # 608

1 bd · 2 ba · 1,890 ft²

$415K

408 N 1st St # 609

2 bd · 2 ba · 2,325 ft²

$501K

408 N 1st St # 610

1 bd · 2 ba · 2,073 ft²

$603K

408 N 1st St # 701

2 bd · 2 ba · 1,860 ft²

$526K

408 N 1st St # 702

1 bd · 2 ba · 1,900 ft²

$555K

408 N 1st St # 703

2 bd · 2 ba · 2,124 ft²

$627K

408 N 1st St # 704

1 bd · 2 ba · 1,926 ft²

$568K

408 N 1st St # 705

1 bd · 2 ba · 1,908 ft²

$564K

408 N 1st St # 706

1 bd · 2 ba · 2,000 ft²

$576K

408 N 1st St # 707

1 bd · 2 ba · 2,042 ft²

$618K

408 N 1st St # 708

1 bd · 2 ba · 1,890 ft²

$569K

408 N 1st St # 709

2 bd · 2 ba · 2,325 ft²

$659K

408 N 1st St # 710

2 bd · 2 ba · 2,073 ft²

$607K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 408 N 1st St

How many units are in 408 N 1st St, Minneapolis, MN?

408 N 1st St, Minneapolis, MN has 221 residential units across 7 floors, built in 2001, according to county assessor records.

What is a unit at 408 N 1st St, Minneapolis, MN worth?

The median TopHap Estimate across the 221 units at 408 N 1st St, Minneapolis, MN is $199,515. That works out to $280 per square foot. Units run from 1,610 to 2,387 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 408 N 1st St, Minneapolis, MN expensive for Minneapolis?

Units at 408 N 1st St, Minneapolis, MN carry a median of $280 per square foot, 21% below the Minneapolis median of $354 per square foot.

How often do units sell at 408 N 1st St, Minneapolis, MN?

14 units at 408 N 1st St, Minneapolis, MN sold in the last 12 months, out of 460 recorded arms-length sales all time. That is a turnover rate of 6.3% of the building per year. The median sale over that period was $551K.

Have units at 408 N 1st St, Minneapolis, MN appreciated?

Across 254 repeat sales of the same unit, 408 N 1st St, Minneapolis, MN returned a median 1.6% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 5.8 years.

What floor plans does 408 N 1st St, Minneapolis, MN have?

The most common plan at 408 N 1st St, Minneapolis, MN is a 2-bedroom of 1,860 square feet, repeated 5 times, with a median estimate of $532,678. TopHap identifies 11 recurring plans in the building.

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