Opportunity awaits at 3409 E 40th St in Minneapolis! This 2-bedroom, 1-bath home, approximately 1,176 finished square feet above grade and is full of potential for investors, renovators, or buyers looking to build equity. Originally built in 1914, the property features Pergo flooring, a detached 1-car garage, and a large unfinished basement with approximately 12-foot ceilings, offering the possibility to expand the total usable living space to around 2,200 sqft.
Active
Price cut: $10.9K (7/6)
$199,009
3409 E 40th St, Minneapolis, MN 55406
2beds
1,176sqft
Single Family
Built in 1914
4,356 Square Feet Lot
$-- Zestimate®
$169/sqft
$-- HOA
What's special
- 18 days |
- 1,420 |
- 42 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Steve Koleno 804-656-5007,
Beycome Brokerage Realty LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7096178
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Main
Bedroom 2
- Level: Upper
Bathroom
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Hot Water
Cooling
- None
Features
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,920
- Total interior livable area: 1,176 sqft
- Finished area above ground: 1,176
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached Garage
- Garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1.5
- Pool features: None
Lot
- Size: 4,356 Square Feet
- Dimensions: 64 x 42 x 64 x 60
Details
- Foundation area: 672
- Parcel number: 0702823240084
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Condition
- New construction: No
- Year built: 1914
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Elmhurst Add
HOA
- Has HOA: No
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $221,900
- Annual tax amount: $3,186
- Date on market: 6/19/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Price change | $199,009-5.2%$169/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7096178 Report a problem | ||
| 6/24/2026 | Price change | $209,900-2.3%$178/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7096178 Report a problem | ||
| 6/19/2026 | Listed for sale | $214,900+69.2%$183/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7096178 Report a problem | ||
| 6/25/2002 | Sold | $127,000+107.5%$108/sqft |
Source: Public Record Report a problem | ||
| 2/26/1997 | Sold | $61,200$52/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,186 -2.7% | $221,900 -6.4% |
| 2024 | $3,273 +2.7% | $237,000 -9.9% |
| 2023 | $3,187 +2.3% | $263,000 +3.1% |
| 2022 | $3,116 +12.1% | $255,000 +6.7% |
| 2021 | $2,779 -0.3% | $239,000 +7.2% |
| 2020 | $2,787 +0.3% | $223,000 +7% |
| 2019 | $2,779 -0.3% | $208,500 |
| 2018 | $2,787 +17.7% | $208,500 +35.8% |
| 2017 | $2,368 +15.5% | $153,500 +2.7% |
| 2016 | $2,050 0% | $149,500 |
| 2015 | $2,051 -4.8% | $149,500 +7.2% |
| 2014 | $2,154 +1.6% | $139,500 |
| 2013 | $2,121 -8% | $139,500 -8.2% |
| 2012 | $2,306 -0.1% | $152,000 |
| 2011 | $2,308 +16.3% | $152,000 |
| 2010 | $1,984 -1.4% | $152,000 |
| 2009 | $2,012 +27.6% | $152,000 +28.5% |
| 2006 | $1,577 +10.6% | $118,300 +15% |
| 2005 | $1,426 +10% | $102,900 +16.5% |
| 2004 | $1,296 +17.8% | $88,300 +17.1% |
| 2002 | $1,100 -41.7% | $75,400 |
| 2001 | $1,887 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Hiawatha
Nearby schools
GreatSchools rating
- NAHiawatha Elementary SchoolGrades: K-2Distance: 0.6 mi
- 6/10Sanford Middle SchoolGrades: 6-8Distance: 0.7 mi
- NARoosevelt High School - SwsGrades: 9-12Distance: 0.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Minnesota
- Hennepin County
- Minneapolis
- 55406
- Hiawatha
- 3409 E 40th St
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Nearby neighborhoods
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