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.
Pending
$299,900
5206 40th Ave S, Minneapolis, MN 55417
2beds
874sqft
Single Family
Built in 1913
6,412 Square Feet Lot
$-- Zestimate®
$343/sqft
$-- HOA
What's special
- 39 days |
- 172 |
- 2 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Scotti J. Ringley 651-276-9789,
Keller Williams Preferred Rlty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7063287
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: $343/sqft
- Tax assessed value: $311,000
- Annual tax amount: $4,536
- Date on market: 6/4/2026
- Cumulative days on market: 32 days
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Pending sale | $299,900$343/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7063287 Report a problem | ||
| 6/5/2026 | Listed for sale | $299,900+17.6%$343/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7063287 Report a problem | ||
| 6/24/2024 | Sold | $255,000$292/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Minnehaha
Nearby schools
GreatSchools rating
- NALk Nokomis Community-Keewaydin CampusGrades: 3-8Distance: 0.7 mi
- NARoosevelt High School - SwsGrades: 9-12Distance: 1.7 mi
- NALk Nokomis Community-Wenonah CampusGrades: K-1Distance: 1.2 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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