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$400,000 Contingent

  • For Sale
  • Contingent
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 1,026 Sq. Ft.
  • 1 Car Garage
  • Updated 10 days ago
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**** Multiple offers received. Please submit highest and best offer by 5:00 PM Sunday 2/8/2026. Thank you! ****Set on Minnesota's only permanently inhabited island in the Mississippi River, this one-bedroom, one-bath condominium offers a rare sense of calm just minutes from downtown. The second-story corner residence enjoys river and skyline views, with custom windows capturing morning light, northern views of the island's wooded acres, and western exposure over the water. A thoughtfully curated renovation blends historic architectural elements with timeless materials and high-end hardware and fixtures, offering modern convenience without sacrificing character. The kitchen is anchored by a custom island ideal for entertaining and features high-end appliances, custom cabinetry, distinctive backsplash, and carefully selected countertops. A traditional wood-burning fireplace adds warmth and charm, while the renovated bathroom includes marble tile wainscoting, a refined vanity, and premium fixtures. Quietly distinctive, with a setting unlike any other. Convenient garage parking just steps from the building.

Full Property Details for 49 Island Ave W

General

  • Price: $400,000
  • HOA FEE: $825/month
  • Taxes: $5,745 (2025)
  • Status: Contingent
  • Type: Condo
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7016831
  • Updated: 2/9/2026
  • Added to Site: 16 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1

Additional Information

  • Amenities: Cable, City View, French Doors, Hardwood Floors, Kitchen Center Island, Main Floor Primary Bedroom, Natural Woodwork, Paneled Doors, Tile Floors
  • Shared Amenities: Patio, Security Building

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Detached Garage, Asphalt, Garage Door Opener

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Condo 0488 West Island Ave
  • Neighborhood: 58
  • Driving Directions: On Nicollet Island by DeLaSalle High School.

School Information

  • School District: 558 - Minneapolis
  • High School District: Minneapolis

Community

  • Association: Yes
  • Assoc. Name: Sharper Management
  • Assoc. Fees Include: Building Exterior, Cable TV, Hazard Insurance, Internet, Maintenance Grounds, Parking, Professional Management, Sanitation, Sewer, Snow Removal, Water

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Foundation Size: 1026
  • Disability Access: None
  • Square Feet: 1,026
  • Year Built: 1984

Lot Features

  • Lot Size (Acres): 0.443
  • Zoning: Residential-Single Family

Water Features

  • Water Front Desc.: Riverfront, River View

Financial Considerations

  • Association Fee: $825
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $5,745.26
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: CONDO NO 0488 WEST ISLAND AVENUE UNIT NO R49
  • Property ID: 2302924220070

Listed by Keller Williams Premier Realty

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Listing agents

— 49 Island Ave W —

  • Keller Williams Premier Realty

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 49 Island Ave W

School District:Minneapolis Public School District
NameGradesDistance
Webster Elementary
425 5th Street Northeast, Minneapolis, MN 55413
PK-50.6 mi
Northeast Middle School
2955 Hayes Street Northeast, Minneapolis, MN 55418
6-82.8 mi
Edison Senior High School
700 22nd Avenue Northeast, Minneapolis, MN 55418
9-121.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 49 Island Ave W Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/04/2026
Listed
$400,000
17.65%
MLS
8/18/2014
Sold
$340,000
—
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 49 Island Ave W

Year
Property Taxes
Change
Tax Assessment
Change
2025
$213
14%
$14,300
—
2023
$187
-1%
$14,300
—
2023
$188
—
$14,300
10%
2020
$188
-3%
$13,000
—
2019
$194
-19%
$13,000
—
2018
$239
-2%
$13,000
—
2017
$244
-3%
$13,000
—
2016
$252
-5%
$13,000
—
2015
$264
-7%
$13,000
—
2014
$285
22%
$13,000
—
2013
$234
—
$13,000
—
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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Listed by Keller Williams Premier Realty

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49 Island Avenue W, Minneapolis, MN 55401 (MLS# 7016831) is a Condo property with 1 bedroom and 1 full bathroom. 49 Island Avenue W is currently listed for $400,000 and was received on February 04, 2026. Want to learn more about 49 Island Avenue W? 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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