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901 N 3rd St Unit 414, Minneapolis, MN, 55401

1beds
2baths
1,268sqft
$399,000
$315price/sqft
$2,635/moest. monthly cost
$105,400/yrincome needed

About This Home

Discover a rare historic gem in the heart of the highly desirable North Loop neighborhood! Combining timeless character with modern convenience, this home is just steps from some of the area’s best restaurants, coffee shops, boutiques, and everyday amenities. Enjoy unbeatable access to Target Field, the Light Rail, and the scenic Mississippi River trails for walking, running, and biking — this location truly offers the best of urban living. Take in breathtaking sunsets and sweeping city views from the private balcony, the perfect place to relax at the end of the day. Inside, the open-concept kitchen features custom cabinetry and a breakfast bar/island ideal for cooking, dining, and entertaining. The oversized living room is enhanced with custom built-ins, including a desk workspace and abundant storage, adding both style and functionality. Bassett Creek Lofts also offers exceptional convenience, including two on-site restaurants and a spacious fitness center, so everything you need is right at your doorstep. Additional highlights include a large storage unit with rare 9’+ ceilings located in the heated underground garage and two parking stalls. Blending historic charm with thoughtful modern updates, this loft is a truly exceptional urban retreat.

Getting Around

79
WalkingVery Walkable
73
TransitExcellent Transit
90
BikeBiker's Paradise

Schools

2/10
Webster ElementaryGrades PK-51.3 mi
2/10
Northeast Middle SchoolGrades 6-83.2 mi
4/10
Edison Senior High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 1917

Materials

  • Roof: Age 8 Years or Less

Type & Style

  • Home type: Condo
  • Property subType: (CC) High Rise (4+ Levels)

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Washer

Basement

  • Basement: None

Bedroom

  • Level: Main
  • Area: 143
  • Dimensions: 13x11

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Deck

  • Level: Main
  • Area: 160
  • Dimensions: 20x8

Dining Room

  • Level: Main
  • Area: 180
  • Dimensions: 20x9

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,268

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,268
  • Total interior livable area: 1,268 sqft

Kitchen

  • Level: Main
  • Area: 240
  • Dimensions: 20x12

Living Room

  • Level: Main
  • Area: 420
  • Dimensions: 21x20

Property

Accessibility

  • Accessibility features: Doors 36"+,Accessible Elevator Installed,Hallways 42"+,Accessible Approach with Ramp

Details

  • Parcel number: 2202924210288
  • Attached to another structure: Yes
  • Zoning description: Residential-Single Family
  • Foundation area: 1268

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 1.37 Acres
  • Lot size dimensions: Common

Parking

  • Total spaces: 2
  • Parking features: Assigned,Attached,Garage Door Opener,Heated Garage,Secured,Shared Garage/Stall,Tuckunder Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Tornado
Heat Wave
Strong Wind
Winter Weather

FEMA Declared Disasters in Hennepin County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,017$24,204
Home Insurance *$83$996
Property Taxes $365$4,380
Electricity $170$2,050
Total$2,635$31,620
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$90,342/yr
40% on housing$79,050/yr
45% on housing$70,266/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$315This listing

vs Other Active Listings

Avg $/sqft

ZIP 55401$307
Hennepin County$211

vs Homes Sold Last Month

Median $/sqft

ZIP 55401$397
Hennepin County$207

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-20Price change$399,000
2026-07-16Listed for sale$380,000
2026-07-16Listing removed$399,000
2026-05-22Listed for sale$399,000
2025-05-16Sold$350,000
2025-05-06Pending sale$375,000
2025-01-10Listed for sale$375,000
2024-12-31Listing removed$399,900
2024-08-06Listed for sale$399,900

For Sale by Agent

AgentSteven M Mahoney
BrokerageEngel & Volkers Minneapolis

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