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$229,900 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 1 Full Bath
  • 860 Sq. Ft.
  • 1 Car Garage
  • Updated 1 day ago
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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.

Full Property Details for 3948 1st Ave S #201

General

  • Price: $229,900
  • HOA FEE: $468/month
  • Taxes: $3,235 (2026)
  • Status: Active
  • Type: Condo
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7129336
  • Updated: 8/20/2026
  • Added to Site: 3 day(s) ago

Interior

  • Fireplace(s): Decorative
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Dining Room: Kitchen/Dining Room
  • Formal Dining Room: Kitchen/Dining Room
  • Laundry: In Basement, Common Area, Laundry Room, In Basement, Common Area, Laundry Room

Additional Information

  • Amenities: Hardwood Floors, Main Floor Primary Bedroom, Natural Woodwork, Tile Floors
  • Shared Amenities: Laundry, Lobby Entrance, Security Building

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Assigned, Concrete, Garage Door Opener, No Int Access to Dwelling, Tuckunder Garage

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Cic 1488 The Rand Condo
  • Neighborhood: 40
  • Driving Directions: Nicollet to 40th East 1 block to 1st then north to building.

School Information

  • School District: 1 - Minneapolis
  • High School District: Minneapolis

Community

  • Association: Yes
  • Assoc. Name: RG Property Management
  • Assoc. Fees Include: Building Exterior, Gas, Hazard Insurance, Heating, Lawn Care, Maintenance Grounds, Parking, Professional Management, Sanitation, Sewer, Snow Removal, Water

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Boiler, Hot Water, Radiant
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Exterior Const.: Frame
  • Basement: Yes
  • Foundation Size: 860
  • Roof: Age Over 8 Years, Flat
  • Disability Access: None
  • Square Feet: 860
  • Above Ground: 860 Sq. Ft.
  • Finished Down/Base.: 860 Sq. Ft.
  • Year Built: 1930

Lot Features

  • Lot Size (Acres): 0.233
  • Frontage: City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
  • Zoning: Residential-Single Family
  • Lot Description: Public Transit (w/in 6 blks), Light Tree Coverage, Zero Lot Line

Financial Considerations

  • Association Fee: $468
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $3,235
  • Tax Year: 2026
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: CIC NO 1488 THE RAND CONDO UNIT NO 201
  • Property ID: 1002824120174

Listed by Keller Williams Realty Integrity

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Schools serving 3948 1st Ave S #201

School District:Minneapolis Public School District
NameGradesDistance
Barton Open Elementary School
4237 Colfax Avenue South, Minneapolis, MN 55409
K-50.8 mi
Justice Page Middle School
1 West 49th Street, Minneapolis, MN 55419
6-81.2 mi
Washburn Senior High School
201 West 49th Street, Minneapolis, MN 55419
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3948 1st Ave S #201 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/19/2026
Listed
$229,900
12.15%
MLS
6/01/2005
Sold
$205,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3948 1st Ave S #201

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,235
4%
$209,000
—
2025
$3,108
14%
$209,000
—
2023
$2,728
3%
$209,000
4%
2023
$2,645
—
$201,000
6%
2023
$2,645
18%
$190,000
25%
2020
$2,247
4%
$152,420
8%
2019
$2,159
8%
$141,520
9%
2018
$1,996
10%
$130,075
14%
2017
$1,810
9%
$114,270
13%
2016
$1,665
-3%
$101,190
8%
2015
$1,712
1%
$94,105
4%
2014
$1,688
3%
$90,835
4%
2013
$1,636
—
$87,565
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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3948 1st Avenue S #201, Minneapolis, MN 55409 (MLS# 7129336) is a Condo property with 2 bedrooms and 1 full bathroom. 3948 1st Avenue S #201 is currently listed for $229,900 and was received on August 19, 2026. Want to learn more about 3948 1st Avenue S #201? Do you have questions about finding other Condo real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.

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