High-RiseMid-Market Waterfronthigh risewaterfront

River Towers — Minneapolis Waterfront Condos for Sale

Mid-century twin towers on the downtown riverfront offering some of the most accessible price points for condo living steps from the Mississippi

15 S 1st St, Minneapolis, MN 55401
$180K – $650K
Price Range
16
Floors
510
Total Units
1965
Year Built

High-Rise Living at River Towers

River Towers is a 510-unit 16-floor waterfront community in Downtown Riverfront, Minneapolis, completed in 1965, offering $180K – $650K in condo options. Mid-century twin towers on the downtown riverfront offering some of the most accessible price points for condo living steps from the Mississippi.

Residents enjoy indoor pool and fitness center, with $500 – $1,200/mo monthly HOA fees covering water, sewer, and trash, building insurance (structure and common areas), exterior and common area maintenance, and more. Walkable to the downtown Minneapolis core via skyways and street level, with Metro Transit light rail (Green and Blue Lines) connecting to MSP Airport and Mall of America. I-35W and I-94 are minutes away. Downtown jobs, the riverfront, and stadiums are within a short walk. The PRO Team at RE/MAX RESULTS specializes in Minneapolis condo representation and can guide you through every step of buying or selling at River Towers.

Unit Layouts & Square Footage

Unit TypeSquare FootagePrice Range
Studio550 – 750 sq ft$180K – $240K
1 Bedroom750 – 1,050 sq ft$240K – $360K
2 Bedroom1,050 – 1,600 sq ft$360K – $650K

Price ranges are approximate and based on recent market activity. Contact The PRO Team for current inventory and active listings.

Source: MLS sales, association documents & public records · Reviewed Q2 2026 · Data sources & methodology

Pricing & Market Position

Entry Point
$180K
Studio
Full Range
$180K – $650K
All unit types
HOA Est.
$500 – $1,200/mo
Monthly dues

Condo pricing in this building varies significantly by floor, view corridor, and unit configuration. Contact The PRO Team for a current comparative market analysis before making any offer.

Association Fees & What's Included

Typical HOA Range$500 – $1,200/mo

River Towers is professionally managed with HOA fees covering water, sewer, and trash, building insurance (structure and common areas), exterior and common area maintenance, and more.

Water, sewer, and trash
Building insurance (structure and common areas)
Exterior and common area maintenance
Heat (verify per unit)
Snow removal and landscaping
Professional management
Secured building entry

PRO Team Due Diligence: We review HOA financials, reserve fund health, pending assessments, and meeting minutes on every condo purchase. Ask us before you make an offer — a poorly funded reserve can cost you far more than the purchase price suggests.

Community Features & Amenities

Your monthly HOA dues deliver more than just maintenance — here's exactly what's included in the fee:

Indoor pool
Fitness center
Rooftop deck with river views
Community room
24-hour front desk
Skyway-adjacent
Heated underground parking

Beyond the list price, HOA fees define the real cost of ownership. The PRO Team reviews reserve fund adequacy before any offer.

Parking & Storage

Parking

Secured/heated underground parking available; confirm number of deeded stalls per unit. Guest parking varies.

Storage

Private storage included or available; confirm assigned storage with the listing.

Pet & Rental Policies

Pet Policy

Pet-friendly with restrictions — confirm current breed, weight, and number limits with the HOA before purchasing.

Rental Policy

Confirm current rental cap, lease minimums, and any waitlist with the HOA before purchasing as an investment.

Condo association policies are subject to change. The PRO Team verifies current pet rules, rental caps, and lease minimums for every buyer before closing. Never assume — ask us first.

Lakefront Recreation & Nearby Amenities

Stone Arch Bridge and Mississippi Riverfront trails
Mill City Museum and Mill City Farmers Market
Guthrie Theater
Gold Medal Park
U.S. Bank Stadium — Minnesota Vikings
Downtown East Commons green space

Neighborhood Context

Downtown Riverfront, Minneapolis, MN
15 S 1st St, Minneapolis, MN 55401
View on Google Maps
Downtown RiverfrontMinneapolis, MNHennepin County Waterfront

Getting Around from River Towers

Walkable to the downtown Minneapolis core via skyways and street level, with Metro Transit light rail (Green and Blue Lines) connecting to MSP Airport and Mall of America. I-35W and I-94 are minutes away. Downtown jobs, the riverfront, and stadiums are within a short walk.

Is This Right for You?

Find Your Unit at River Towers

River Towers is a strong fit for first-time buyers, young professionals, and value-conscious buyers who want quality condo living in Minneapolis at accessible pricing. The waterfront style, walkable to the downtown minneapolis core via skyways and street level, with metro transit light rail (green and blue lines) connecting to msp airport and mall of america, and low-maintenance ownership make this a practical, smart choice in the west metro.

Tell us your priorities — schools, commute, price point, lifestyle — and we'll identify the buildings that genuinely fit. No guessing, no generic lists.

Selling Your Condo Here?

Your River Towers Seller Strategy

River Towers sellers benefit from the building's strong Minneapolis market presence and consistent buyer demand in the waterfront segment. The PRO Team at RE/MAX RESULTS brings deep Minneapolis condo expertise, professional photography, and a targeted buyer network to every listing — delivering the exposure and negotiating strength sellers need at River Towers.

Selling a condo involves building documents, unit details, and buyer expectations that differ from a single-family sale. Our process focuses on:

Frequently Asked Questions — River Towers

What is the HOA fee at River Towers?

HOA fees at River Towers typically range from $500 – $1,200/mo depending on unit size. Fees cover water, sewer, and trash, building insurance (structure and common areas), exterior and common area maintenance, heat (verify per unit), and more. Always verify the most current fees and reserve fund health with The PRO Team before placing an offer.

Are pets allowed at River Towers?

Pet-friendly with restrictions — confirm current breed, weight, and number limits with the HOA before purchasing.

How far is River Towers from downtown Minneapolis?

Walkable to the downtown Minneapolis core via skyways and street level, with Metro Transit light rail (Green and Blue Lines) connecting to MSP Airport and Mall of America. I-35W and I-94 are minutes away. Downtown jobs, the riverfront, and stadiums are within a short walk. Contact The PRO Team for current listings and a personalized commute analysis based on your specific workplace.

Is River Towers a good place to live?

Residents at River Towers enjoy mid-century twin towers on the downtown riverfront offering some of the most accessible price points for condo living steps from the Mississippi. River Towers is a strong fit for first-time buyers, young professionals, and value-conscious buyers who want quality condo living in Minneapolis at accessible pricing. The PRO Team can connect you with current or former residents and walk you through what day-to-day life looks like for buyers at this price point.

What is the typical price range at River Towers?

River Towers spans $180K – $650K across all unit types. Studio: $180K – $240K, 1 Bedroom: $240K – $360K, 2 Bedroom: $360K – $650K. Entry-level units start around $180K. HOA fees add $500 – $1,200/mo per month to the total cost of ownership — an important factor to include when budgeting. The PRO Team can provide a current inventory snapshot at any price point.

Does River Towers have different unit configurations?

River Towers offers 3 unit configurations: Studio (550 – 750 sq ft, $180K – $240K); 1 Bedroom (750 – 1,050 sq ft, $240K – $360K); 2 Bedroom (1,050 – 1,600 sq ft, $360K – $650K). The building has 510 total residences. Floor, view, and finish level affect pricing within each type. The PRO Team can walk you through current availability and which configuration delivers the best value for your needs.

What is the rental policy at River Towers?

Confirm current rental cap, lease minimums, and any waitlist with the HOA before purchasing as an investment. River Towers has a rental cap, which limits the percentage of units that can be leased at any time. Rental cap status directly affects your financing options and future resale — some lenders won't approve loans in buildings where rental concentration exceeds thresholds. The PRO Team checks current rental availability and cap status as a standard part of our buyer due diligence.

What common area features does River Towers have?

River Towers features Indoor pool, Fitness center, Rooftop deck with river views, Community room, 24-hour front desk and 2 additional amenities. Access to these amenities is included in the monthly HOA fee. The PRO Team can walk you through which amenities are most relevant for your lifestyle and how this building's amenity level compares to similar properties in the Minneapolis market.

Is River Towers good for buyers who travel frequently or want simplified ownership?

River Towers is one of the Minneapolis market's strongest options for buyers prioritizing simplified ownership. The HOA covers Building insurance (structure and common areas) and Exterior and common area maintenance, eliminating typical homeowner maintenance responsibilities. River Towers is a strong fit for first-time buyers, young professionals, and value-conscious buyers who want quality condo living in Minneapolis at accessible pricing. The PRO Team works frequently with downsizers, frequent travelers, and second-home buyers seeking exactly this type of building — we can evaluate whether River Towers is the right match for your ownership goals.

What should I compare before buying at River Towers?

Whether River Towers fits your plans depends on the specific unit and your intended use. Review current HOA financial information, reserve funding, rental restrictions, lease requirements, insurance, fees, assessments, and lending requirements before proceeding. If renting is important, confirm the current policy and any cap directly with the association; policies and availability can change.

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River Towers

CityMinneapolis, MN
NeighborhoodDowntown Riverfront
StyleHigh-Rise
Year Built1965
Floors16
Total Units510
Price Range$180K – $650K
HOA Est.$500 – $1,200/mo
Luxury TierMid-Market
Search Available Units612-888-6127

Talk to a Condo Specialist

Building-specific insight, current inventory review, and HOA financial due diligence — before you make any offer.

Email The PRO Team 612-888-6127
RE/MAX RESULTS

The PRO Team at RE/MAX RESULTS serves condo buyers and sellers across the Twin Cities West Metro.

Listing Alerts

Be First in Line at River Towers

The best units at River Towers go under contract in days. The PRO Team will set up personalized listing alerts so you're the first buyer to know — and first in the door — when a unit hits the market.

RE/MAX RESULTS 5-Star Rated West Metro Condo Specialists
Building Expert

Thinking About River Towers?

The PRO Team helps buyers evaluate River Towers, including HOA financials, floor plans, parking options, and what to review before making an offer.

  • HOA financial review included
  • Building-specific market data
  • No-pressure consultations

Get Expert Guidance

The PRO Team at RE/MAX RESULTS — typically responds within one business day.

Free Valuation

What's Your River Towers Condo Worth?

Condo values at River Towers vary significantly by floor, view, unit size, and upgrades. The PRO Team delivers free, building-specific valuations based on actual recent sales — not guesswork.

  • No-obligation valuation
  • Unit-specific pricing strategy
  • Targeted buyer marketing plan
RE/MAX RESULTS 5-Star Rated West Metro Condo Specialists

Get My Free Valuation

The PRO Team at RE/MAX RESULTS — responds within one business day.

Thinking About River Towers?

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