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  • $655,000

    4046 42nd Ave S, Minneapolis, MN 55406

    3beds
    2,308sqft
    Single Family
    Built in 1913
    5,227 Square Feet Lot
    $659,600 Zestimate®
    $284/sqft
    $3,187 Estimated rent

    Home value

    $659,600

    $607,000 - $719,000

    $3,187/mo

    Zestimate® history
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    What's special

    Welcome to this exceptional home in South Minneapolis with a unique 200fsf gym that is a work of art in the backyard. Forty Forty Six is a spacious 3-bedroom, 3-bathroom residence that underwent an extensive four-year renovation, resulting in a unique blend of character, luxury, and craftsmanship rarely found. Designed for low-maintenance living, this home offers numerous spaces to relax and entertain. Enjoy the beautifully landscaped yard from the front porch, host gatherings in the basement speakeasy, unwind in the third-floor "bird's nest," or find inspiration in the detached 200sf tiny gym, crafted by a local artist (with a small change of lowering the cupola, the gym is now in compliance with City code). Built in 1913, this home boasts a rich history. Due to the comprehensive renovations, it is comparable to a new build (everything was required to be brought up to current code) ensuring modern efficiency and quality throughout. Features include spray foam insulation, on-demand hot water, updated electrical and plumbing systems, EV charging, a meticulously constructed cedar fence surrounding the property, and 5 exterior security cameras. High-end finishes, such as walnut butcher block and Carrera marble, are found throughout. The full list of upgrades is extensive and well-documented, and the original house abstract is also available. All appliances and mechanical systems, including a high-end jet tub with a built-in heater, have been updated since 2020 and are included with the home. Located less than a mile from Minnehaha Falls and the Mississippi River, this home is truly one-of-a-kind and has captured the attention of the community. We hope the new owner will cherish this home as much as all who have lived here before.

    Zillow last checked:

    Listing updated:

    Listed by:

    Paige M. Kahle 651-308-2754,

    The Real Estate Collaborative,

    Meghan Jo Howard 612-803-2213

    Bought with:

    Taylor Doolittle

    RE/MAX Results

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6677443MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • 3/4 bathrooms: 2
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Second
    • Area: 171 Square Feet
    • Dimensions: 19 x 9
    Bedroom 2
    • Level: Second
    • Area: 99 Square Feet
    • Dimensions: 11 x 9
    Bedroom 3
    • Level: Third
    • Area: 575 Square Feet
    • Dimensions: 23 x 25
    Other
    • Level: Lower
    • Area: 528 Square Feet
    • Dimensions: 22 x 24
    Bonus room
    • Level: Main
    • Area: 200 Square Feet
    • Dimensions: 20 x 10
    Dining room
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12 x 12
    Kitchen
    • Level: Main
    • Area: 176 Square Feet
    • Dimensions: 11 x 16
    Living room
    • Level: Main
    • Area: 182 Square Feet
    • Dimensions: 13 x 14
    Office
    • Level: Second
    • Area: 96 Square Feet
    • Dimensions: 12 x 8
    Heating
    • Forced Air
    Cooling
    • Central Air
    Features
    • Has basement: Yes
    • Has fireplace: No
    Interior area
    • Total structure area: 2,308
    • Total interior livable area: 2,308 sqft
    • Finished area above ground: 1,779
    • Finished area below ground: 529

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage, Concrete, Electric Vehicle Charging Station(s)
    • Garage spaces: 2
    • Details: Garage Dimensions (20 x 20)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: More Than 2 Stories
    Lot
    • Size: 5,227 Square Feet
    • Dimensions: 40 x 126
    Details
    • Foundation area: 528
    • Parcel number: 0702823130012
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Foundation: Stone
    Condition
    • New construction: No
    • Year built: 1913

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected, City Sewer - In Street
    • Water: City Water/Connected, City Water - In Street

    Community & HOA

    Community
    • Subdivision: Smith & Howes 1st Add
    HOA
    • Has HOA: No
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $284/sqft
    • Tax assessed value: $297,000
    • Annual tax amount: $3,717
    • Date on market: 4/21/2025
    • Cumulative days on market: 16 days

    Price history

    DateEventPrice
    5/1/2025Sold$655,000+0.8%$284/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6677443 Report a problem
    4/21/2025Pending sale$650,000$282/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6677443 Report a problem
    4/8/2025Listing removed$650,000$282/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6677443 Report a problem
    4/4/2025Price change$650,000-5.1%$282/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6677443 Report a problem
    4/2/2025Price change$685,000-1.4%$297/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6677443 Report a problem
    3/20/2025Listed for sale$695,000+215.9%$301/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6677443 Report a problem
    1/30/2019Sold$220,000+51.7%$95/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5136574 Report a problem
    12/28/2018Sold$145,000$63/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,717 -2.1%$297,000 +10%
    2024$3,796 -0.8%$270,000 -10%
    2023$3,827 -5%$300,000
    2022$4,030 +39.9%$300,000
    2021$2,881 -17.3%$300,000 +30.4%
    2020$3,483 +20.9%$230,000 -9.1%
    2019$2,881 -17.3%$253,000
    2018$3,483 +9.6%$253,000 +23.7%
    2017$3,179 +2.6%$204,500 +5.7%
    2016$3,097 +10.4%$193,500 +2.9%
    2015$2,805 -1.5%$188,000 +7.7%
    2014$2,847 -5.5%$174,500 -4.9%
    2013$3,013 -2.6%$183,500 -4.2%
    2012$3,092 +1.6%$191,500
    2011$3,045 +15.4%$191,500
    2010$2,638 -1.3%$191,500
    2009$2,674 +29.9%$191,500 +19.3%
    2006$2,058 +11.6%$160,500 +15%
    2005$1,845 +9.2%$139,600 +15%
    2004$1,689 +13.9%$121,400 +12.4%
    2002$1,483 -51.7%$108,000
    2001$3,072 --
    Find assessor info on the county website

    Neighborhood: Hiawatha

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $659,600
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    Estimated market value
    $659,600