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  • $305,000

    5206 40th Ave S, Minneapolis, MN 55417

    2beds
    874sqft
    Single Family
    Built in 1913
    6,412 Square Feet Lot
    $305,000 Zestimate®
    $349/sqft
    $1,760 Estimated rent

    Home value

    $305,000

    $284,000 - $326,000

    $1,760/mo

    Zestimate® history
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    What's special

    Nestled in the heart of South Minneapolis’ highly sought-after Minnehaha neighborhood, this charming 2-bedroom, 1-bath home offers the perfect blend of character, convenience, and urban adventure. Filled with natural light and timeless appeal, this inviting home provides comfortable living spaces and a functional layout ready for its next chapter. Outside, the property truly shines. The spacious oversized, fenced lot offers mature trees and additional room to relax, garden, or entertain. Don’t forget a spacious detached garage. Windows, AC, furnace, water heater are all less than 5 years old. Step outside and enjoy one of Minneapolis’ most desirable locations. Just minutes from the iconic Minnehaha Regional Park, you’ll have easy access to scenic walking and biking trails, beautiful waterfalls, picnic areas, playgrounds, and year-round outdoor recreation. The nearby METRO Blue Line provides convenient access to downtown Minneapolis, downtown St. Paul, Minneapolis–Saint Paul International Airport, and the Mall of America. Enjoy neighborhood coffee shops, restaurants, local breweries, parks, and the extensive Grand Rounds trail system all just moments from your front door. Whether you’re a first-time buyer, downsizing, or searching for an investment opportunity in one of Minneapolis’ most beloved neighborhoods, this home offers an exceptional combination of value, location, and lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Scotti J. Ringley 651-276-9789,

    Keller Williams Preferred Rlty

    Bought with:

    Christopher Yortsos

    VIBE Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7063287MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Level: Upper
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Bedroom 2
    • Level: Upper
    • Area: 121 Square Feet
    • Dimensions: 11x11
    Dining room
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 10x13
    Kitchen
    • Level: Main
    • Area: 125 Square Feet
    • Dimensions: 10x12.5
    Living room
    • Level: Main
    • Area: 200 Square Feet
    • Dimensions: 20x10
    Porch
    • Level: Main
    • Area: 126.75 Square Feet
    • Dimensions: 19.5x6.5
    Other
    • Level: Lower
    • Area: 396 Square Feet
    • Dimensions: 18x22
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
    • Laundry: In Basement, Lower Level
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,374
    • Total interior livable area: 874 sqft
    • Finished area above ground: 874
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage, Concrete, Garage Door Opener
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Enclosed, Front Porch
    • Pool features: None
    • Fencing: Chain Link
    Lot
    • Size: 6,412 Square Feet
    • Dimensions: 50 x 128
    • Features: Tree Coverage - Light
    Details
    • Foundation area: 528
    • Parcel number: 1802823430039
    • Zoning description: Residential-Single Family

    Construction

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

    Utilities & green energy

    • Electric: Circuit Breakers, Power Company: Xcel Energy
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected, City Sewer - In Street
    • Water: City Water/Connected, City Water - In Street

    Community & HOA

    Community
    • Subdivision: Minnehaha Falls 2nd Add
    HOA
    • Has HOA: No
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $349/sqft
    • Tax assessed value: $311,000
    • Annual tax amount: $4,536
    • Date on market: 6/4/2026
    • Cumulative days on market: 14 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/10/2026Sold$305,000+1.7%$349/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7063287 Report a problem
    6/19/2026Pending sale$299,900$343/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7063287 Report a problem
    6/5/2026Listed for sale$299,900+17.6%$343/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7063287 Report a problem
    6/24/2024Sold$255,000$292/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,912 +0%$311,000 +9.9%
    2024$3,912 +19.8%$283,000 -3.1%
    2023$3,264 -4.2%$292,000 +15%
    2022$3,408 +7.7%$254,000 +0.8%
    2021$3,164 +5.9%$252,000 +12%
    2020$2,989 -5.5%$225,000 +4.9%
    2019$3,164 +5.9%$214,500 +4.9%
    2018$2,989 +21.2%$204,500 +12.1%
    2017$2,467 -2.5%$182,500 +10.6%
    2016$2,531 +9.4%$165,000 +23.1%
    2015$2,314 +23.7%$134,000 +7.1%
    2014$1,871 -20%$125,100 -17.2%
    2013$2,338 -4.1%$151,000 -5.3%
    2012$2,439 -5.1%$159,500 -4.8%
    2011$2,571 +15.9%$167,500
    2010$2,218 -4.7%$167,500 -3.1%
    2009$2,329 +18.1%$172,800 +10.7%
    2006$1,972 +10.5%$156,100 +14.9%
    2005$1,785 +9.5%$135,800 +15%
    2004$1,630 +12.7%$118,100 +11.9%
    2002$1,445 -51.5%$105,500
    2001$2,982 --
    Find assessor info on the county website

    Neighborhood: Minnehaha

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $305,000
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    Estimated market value
    $305,000