506 River St, Minneapolis, MN, 55401
About This Home
Discover elevated urban living in this spacious four-bedroom, four-bathroom townhome, perfectly positioned along the banks of the Mississippi River in Minneapolis’s most coveted neighborhood—the North Loop. This exceptional residence blends timeless character with fresh, modern updates throughout. Step inside to find a bright, expansive floor plan designed for both comfortable everyday living and effortless entertaining. Recently remodeled primary bathroom brings a refreshed, contemporary feel, while brand-new carpet adds warmth and softness underfoot. Generous room sizes, soaring ceiling height, and thoughtful flow make every corner of this home feel open and inviting. The true showstopper? An exceptional private terrace overlooking the river and parkway—your own front-row seat to serene water views, morning sunrises, and the ever-changing beauty of the seasons. It’s the perfect setting for quiet mornings with coffee or sunset gatherings with friends. Location is everything, and this home delivers. Enjoy quick access to the North Loop’s top-rated restaurants, boutique retail, and vibrant nightlife, all just moments from your door. Step outside to biking and walking paths along the riverfront, connecting you to the best of Minneapolis’s outdoor lifestyle.
Getting Around
Very Walkable
Excellent Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 1999
Materials
- Roof: Asphalt,Pitched
Type & Style
- Home type: Townhouse
- Property subType: (TH) Side x Side
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Exhaust Fan,Microwave,Range,Refrigerator,Washer
- Laundry features: Laundry Closet,Sink,Upper Level
Basement
- Has basement: Yes
- Basement: Finished
Bedroom
- Level: Upper
- Area: 414
- Dimensions: 23x18
Bedroom2
- Level: Upper
- Area: 260
- Dimensions: 20x13
Bedroom3
- Level: Upper
- Area: 108
- Dimensions: 18x6
Bedroom4
- Level: Lower
- Area: 168
- Dimensions: 14x12
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Dining Room
- Level: Main
- Area: 196
- Dimensions: 14x14
Features
- Number of fireplaces: 3
- Fireplace features: Gas,Living Room,Other
- Fireplace: Yes
- Finished area below ground: 1,026
- Finished area above ground: 3,064
Foyer
- Level: Main
- Area: 117
- Dimensions: 13x9
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Informal Dining Room
- Level: Main
- Area: 130
- Dimensions: 13x10
Interior Area
- Total structure area: 4,963
- Total interior livable area: 4,090 sqft
Kitchen
- Level: Main
- Area: 169
- Dimensions: 13x13
Living Room
- Level: Main
- Area: 306
- Dimensions: 18x17
Media Room
- Level: Second
- Area: 418
- Dimensions: 22x19
Primary Bathroom
- Level: Upper
- Area: 156
- Dimensions: 13x12
Recreation Room
- Level: Lower
- Area: 783
- Dimensions: 29x27
Storage
- Level: Lower
- Area: 162
- Dimensions: 18x9
Utility Room
- Level: Lower
- Area: 60
- Dimensions: 15x4
Walk In Closet
- Level: Upper
- Area: 100
- Dimensions: 10x10
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 2202924110114
- Attached to another structure: Yes
- Zoning description: Residential-Single Family
- Foundation area: 1332
Features
- Levels: More Than 2 Stories
- Pool features: None
- Patio & porch: Deck
- On waterfront: Yes
- Waterfront features: River Front
Lot
- Features: Near Public Transit
- Lot size dimensions: 0
Parking
- Total spaces: 2
- Parking features: Attached,Garage Door Opener,Guest,Secured
- 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
- Hail
- Heat Wave
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Hennepin County and Minnesota
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,053 | $84,636 |
| Home Insurance * | $292 | $3,504 |
| Property Taxes | $1,852 | $22,224 |
| Electricity | $344 | $4,139 |
| Total | $9,541 | $114,492 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-11 | Listed for sale | $1,395,000 |
| 2026-02-01 | Listing removed | $1,495,000 |
| 2025-11-20 | Listed for sale | $1,495,000 |
| 2014-03-11 | Sold | $975,000 |
| 2013-10-22 | Listed for sale | $998,000 |
| 2005-09-28 | Sold | $1,160,000 |
| 2001-10-12 | Sold | $801,322 |
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