3948 1st Avenue S # 201

Minneapolis, MN
$ 219,900 Beds 2 Baths 1 Sq 860
Monthly Estimate* How much can I afford?

Classic South Minneapolis character in a 1930s Art Deco–inspired building! This spacious 2-bedroom, 1-bath condo showcases beautiful hardwood floors, original woodwork, arched doorways, built-ins, vintage fixtures, and a distinctive decorative fireplace that reflects the era’s architectural charm. The bathroom is especially charming with its original vintage tile that adds to the home’s character. Generous living and dining spaces provide plenty of room to relax and entertain. The kitchen offers good storage and workspace. One garage space is a valuable and hard-to-find amenity. The front windows are particularly charming, bringing in great natural light and adding to the home’s classic charm. South Minneapolis location with access to shops, restaurants, parks, and neighborhood amenities. A wonderful opportunity to own a character-filled home with timeless architectural detail.

Single Family

  • Price
  • $ 219,900
  • City
  • Minneapolis
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Cic 1488 The Rand Condo
  • Lot Size
  • 0.233 Acres
  • Zip
  • 55409
  • Sqr Footage
  • 860
  • Year Built
  • 1930
  • Taxes
  • $ 3235
  • Style
  • (CC) Low Rise (3- Levels)
  • MLS#
  • 7129336
Listed By: Keller Williams Realty Integrity
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 860
Sewer City Sewer/Connected
Heating Boiler,Hot Water,Radiant
Cooling Window Unit(s)
Roof Age Over 8 Years,Flat
Appliances Dishwasher,Disposal,Microwave,Refrigerator
HOA Fee 468
Garage Spaces 1
Association Fee Includes Building Exterior,Gas,Hazard Insurance,Heating,Lawn Care,Maintenance Grounds,Parking,Professional Mgmt,Sanitation,Sewer,Snow Removal,Water
Pool Features None
Construction Materials Frame
Year Built 1930
Electric Circuit Breakers
Levels One
Unit Number 201
Property Subtype (CC) Low Rise (3- Levels)
Tax Year 2026
Accessibility None
Assoc Fee Paid Per Monthly
County Hennepin
New Construction No
Property Type Residential
Association Amenities Laundry,Lobby Entrance,Security Building
HOA Yes
Contingency None
Subdivision Name Cic 1488 The Rand Condo
Full Baths 1
Directions Nicollet to 40th East 1 block to 1st then north to building.
City Minneapolis
Association Name RG Property Management
High School District Minneapolis
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N Yes
Land Lease Y/N No
Tax Annual Amount 3235
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Hardwood Floors,Main Floor Primary Bedroom,Natural Woodwork,Tile Floors
PostalCity Minneapolis

Interior Features

Basement None
Fireplace Features Decorative
Basement (Y/N) No
Fireplace Y/N No
Above Grade Finished Area 860
Laundry Features In Basement,Common Area,Laundry Room
Total Bedrooms 2
Total Baths 1
Bath Desc Main Floor Full Bath
Dining Room Description Kitchen/Dining Room
Fuel Natural Gas

Exterior Features

Fencing None
Parking Features Assigned,Concrete,Garage Door Opener,No Int Access to Dwelling,Tuckunder Garage
Lot Features Public Transit (w/in 6 blks),Tree Coverage - Light,Zero Lot Line
Water Source City Water/Connected
Lot Size Area 0.233
Building Area Total 860
Waterfront Y/N No
Foundation Area 860
Road Frontage Type City Street,Curbs,Paved Streets,Sidewalks,Street Lights,Storm Sewer
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/19/2026 Listed $229,900
9/22/2026 5% - $219,900

Property vs Zip Code Average in 55409

Price
AVG $310K
$220K
Taxes
AVG $4,022
$3,235
Year Built
AVG 1924
1930
Visits
AVG 49
23
Data Provided by Inside Real Estate®

3948 1st Avenue S # 201 Minneapolis, MN is a Single Family Home for sale at $219900 with 860 sqft and a lot size of 0.233 Acres Acre(s). 3948 1st Avenue S # 201 Minneapolis has 2 bedrooms, 1 baths and was built in 1930. The property's zip code is 55409 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.