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  • $525,000

    5321 40th Ave S, Minneapolis, MN 55417

    5beds
    1,910sqft
    Single Family Residence
    Built in 1924
    5,227.2 Square Feet Lot
    $525,700 Zestimate®
    $275/sqft
    $3,174 Estimated rent

    Home value

    $525,700

    $489,000 - $568,000

    $3,174/mo

    Zestimate® history
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    What's special

    Privacy fenceBreakfast barTwo car garageSpacious backyardMain level primary bedroomThree cozy bedroomsStainless steel appliances
    Welcome home to this fully renovated home that offers historic charm with the convenience of modern updates! Enjoy this convenient and pet-friendly neighborhood close to Minnehaha Park! Beautiful hardwood floors throughout the main level! Open and renovated kitchen features breakfast bar, granite countertops, white Subway tile backsplash, and stainless steel appliances! Kitchen is bright and sunny, with corner sink looking out into the back yard through multiple windows. Lots of counter space and separate pantry makes meal prep easy. Main level features a primary main level primary bedroom. There is an additional bonus room off the sun-filled living room which could function as a bedroom, home office or serve as a great TV space! Three cozy bedrooms plus convenient laundry room are located on the upper level, a convenience which is rarely found in homes of this era. Lower level was finished in 2023 and offers space for a family room, exercise or workout area, music room, and bar area with built-in cabinetry, and a beautifully renovated and tiled 3/4 bathroom with glass shower door. Spacious backyard features a two car garage and a patio area, which is a perfect spot for entertaining or pet-friendly play with a privacy fence. Prior listing noted: New fence, new AC, new patio, paint refresh 2022-2023. New siding in 2016. New sewer line with 10 yar warranty installed in 2024. Great location with tree lined streets in close proximity to Minnehaha Falls and the Mississippi River. Easy access to major thoroughfares and the airport!

    Zillow last checked:

    Listing updated:

    Listed by:

    Michelle L Skott Morgan 763-350-7949,

    Coldwell Banker Realty,

    Patrick Morgan 612-803-2339

    Bought with:

    Mary Schumann

    Keller Williams Realty Integrity Lakes

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7002674MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 128 Square Feet
    • Dimensions: 16x8
    Bedroom 2
    • Level: Main
    • Area: 128 Square Feet
    • Dimensions: 16x8
    Bedroom 3
    • Level: Upper
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Bedroom 4
    • Level: Upper
    • Area: 99 Square Feet
    • Dimensions: 11x9
    Bedroom 5
    • Level: Upper
    • Area: 99 Square Feet
    • Dimensions: 11x9
    Dining room
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 16x9
    Family room
    • Level: Lower
    • Area: 361 Square Feet
    • Dimensions: 19x19
    Kitchen
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11x10
    Laundry
    • Level: Upper
    • Area: 25 Square Feet
    • Dimensions: 5x5
    Living room
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Storage
    • Level: Lower
    • Area: 36 Square Feet
    • Dimensions: 9x4
    Other
    • Level: Main
    • Area: 50 Square Feet
    • Dimensions: 10x5
    Utility room
    • Level: Lower
    • Area: 171 Square Feet
    • Dimensions: 19x9
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dryer, Electric Water Heater, ENERGY STAR Qualified Appliances, Exhaust Fan, Range, Refrigerator, Stainless Steel Appliance(s), Washer
    • Laundry: Electric Dryer Hookup, Laundry Room, Upper Level
    Features
    • Basement: Block,Crawl Space,Daylight,Finished,Full,Storage Space
    • Has fireplace: No
    Interior area
    • Total structure area: 1,910
    • Total interior livable area: 1,910 sqft
    • Finished area above ground: 1,486
    • Finished area below ground: 424

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage, Concrete
    • Garage spaces: 2
    • Details: Garage Dimensions (21 x 19)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Enclosed, Patio
    • Pool features: None
    • Fencing: Chain Link,Full,Privacy,Vinyl
    Lot
    • Size: 5,227 sqft
    • Dimensions: 40 x 128
    • Features: Near Public Transit, Tree Coverage - Light
    Details
    • Foundation area: 896
    • Parcel number: 1802823430162
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete
    • Roof: Age Over 8 Years,Asphalt
    Condition
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Electric: Circuit Breakers, 100 Amp Service
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Minneapolis
    • Subdivision: Minnehaha Falls 2nd Add

    HOA & financial

    HOA
    • Has HOA: No

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/24/2026Sold$525,000-1.9%$275/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7002674 Report a problem
    2/18/2026Pending sale$534,900$280/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7002674 Report a problem
    12/27/2025Price change$534,900-0.9%$280/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7002674 Report a problem
    9/6/2025Listed for sale$539,900-1.8%$283/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6764329 Report a problem
    8/14/2025Sold$550,000-2.7%$288/sqft
    Source: Public Record Report a problem
    8/10/2025Listed for sale$565,000+2.7%$296/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6764329 Report a problem
    5/15/2024Sold$550,000-1.8%$288/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6491073 Report a problem
    4/15/2024Pending sale$560,000$293/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6491073 Report a problem
    3/20/2024Price change$560,000-2.6%$293/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6491073 Report a problem
    2/23/2024Listed for sale$575,000+41.1%$301/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6491073 Report a problem
    6/16/2022Sold$407,500-1.8%$213/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6183165 Report a problem
    5/20/2022Pending sale$415,000$217/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6183165 Report a problem
    5/19/2022Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #6183165 Report a problem
    5/6/2022Price change$415,000-7.8%$217/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6183165 Report a problem
    4/21/2022Listed for sale$449,900-6.3%$236/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6183165 Report a problem
    4/20/2022Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #6166279 Report a problem
    4/12/2022Price change$479,900-4%$251/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6166279 Report a problem
    4/1/2022Listed for sale$500,000+111.9%$262/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6166279 Report a problem
    9/1/2021Sold$236,000$124/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,852 +14.4%$444,000 +9.9%
    2024$5,117 +51.5%$404,000 +8.9%
    2023$3,377 +7.8%$371,000 +44.4%
    2022$3,134 +48.9%$257,000 +8.9%
    2021$2,105 -7.6%$236,000 +19.8%
    2020$2,279 +8.2%$197,000
    2019$2,105 -7.6%$197,000
    2018$2,279 +6%$197,000 +7.1%
    2017$2,150 +0.9%$184,000 +13.6%
    2016$2,132 +16.8%$162,000
    2015$1,825 -4.7%$162,000 +4.9%
    2014$1,915 +10.2%$154,500 +6.2%
    2013$1,738 -10.4%$145,500 -8.2%
    2012$1,939 -10.1%$158,500 -6.8%
    2011$2,157 +16.1%$170,000
    2010$1,857 -29.4%$170,000
    2001$2,629 --

    Find assessor info on the county website

    Neighborhood: Minnehaha

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $525,700
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    Estimated market value
    $525,700