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Active with contingency
    • $429,000

    5501 40th Ave S, Minneapolis, MN 55417

    4beds
    1,672sqft
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    Single Family
    Built in 1947
    5,227 Square Feet Lot
    $428,500 Zestimate®
    $257/sqft
    $-- HOA

    What's special

    Welcome to this charming 4-bedroom, 2-bathroom home in the highly sought-after Morris Park neighborhood of South Minneapolis! Situated on a spacious corner lot directly across from Morris Park, this home offers an unbeatable location with easy access to a playground, wading pool, skate park, soccer and softball fields, picnic areas, and a recreation center. Inside, you'll find inviting living spaces designed for both everyday living and entertaining. Recent improvements include beautifully updated upstairs bedrooms, a newly remodeled lower-level bathroom, and a roof that is just one year old, providing peace of mind for years to come. With four bedrooms and flexible living spaces throughout, there's room for everyone. Step outside to your private backyard retreat featuring a custom wood fence and fully fenced yard—perfect for pets, play, and outdoor gatherings. The included hot tub creates the perfect place to relax and unwind year-round. An oversized two-car garage offers plenty of storage and convenience. Located just minutes from Minnehaha Falls, the Minneapolis VA Health Care System, and Minneapolis–Saint Paul International Airport, this home combines neighborhood charm with exceptional accessibility. With thoughtful updates, fantastic amenities, and a location that's hard to beat, this Morris Park gem is ready to welcome you home!
    20 days
    |
    1,105
    |
    48
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Chad Bulloch 678-878-0060,

    Keller Williams Realty Integrity Lakes,

    Laura Nilles 763-639-6020

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7068225MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      Bedroom
      • Level: Main
      • Area: 240 Square Feet
      • Dimensions: 16 x 15
      Bedroom 2
      • Level: Main
      • Area: 224 Square Feet
      • Dimensions: 16 x 14
      Bedroom 3
      • Level: Upper
      • Area: 180 Square Feet
      • Dimensions: 15 x 12
      Bedroom 4
      • Level: Upper
      • Area: 90 Square Feet
      • Dimensions: 10 x 9
      Other
      • Level: Lower
      • Area: 70 Square Feet
      • Dimensions: 10 x 7
      Dining room
      • Level: Main
      • Area: 143 Square Feet
      • Dimensions: 13 x 11
      Kitchen
      • Level: Main
      • Area: 99 Square Feet
      • Dimensions: 11 x 9
      Laundry
      • Level: Lower
      • Area: 169 Square Feet
      • Dimensions: 13 x 13
      Living room
      • Level: Main
      • Area: 357 Square Feet
      • Dimensions: 21 x 17
      Recreation room
      • Level: Lower
      • Area: 418 Square Feet
      • Dimensions: 22 x 19
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
      • Laundry: In Basement, Laundry Room
      Features
      • Basement: Finished,Partially Finished
      • Number of fireplaces: 1
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 1,969
      • Total interior livable area: 1,672 sqft
      • Finished area above ground: 1,212
      • Finished area below ground: 460
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached Garage, Concrete
      • Garage spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One and One Half
      • Stories: 1.5
      • Patio & porch: Patio
      • Fencing: Full,Wood
      Lot
      • Size: 5,227 Square Feet
      • Dimensions: 128 x 40
      • Features: Corner Lot
      Details
      • Foundation area: 757
      • Parcel number: 1902823120157
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Roof: Age 8 Years or Less
      Condition
      • New construction: No
      • Year built: 1947

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      Community
      • Subdivision: Morris Park 2nd Add
      HOA
      • Has HOA: No
      Location
      • Region: Minneapolis

      Financial & listing details

      • Price per square foot: $257/sqft
      • Tax assessed value: $318,600
      • Annual tax amount: $5,726
      • Date on market: 6/23/2026

        Estimated market value

        $428,500

        $407,000 - $450,000

        $2,746/mo

        Price history

        DateEventPrice
        6/26/2026Listed for sale$429,000+43%$257/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7068225 Report a problem
        9/27/2018Sold$300,000+0.3%$179/sqft
        Source: NorthstarMLS as distributed by MLS GRID #4995555 Report a problem
        9/7/2018Pending sale$299,000$179/sqft
        Source: RE/MAX ADVANTAGE PLUS #4995555 Report a problem
        8/22/2018Listed for sale$299,000+37.8%$179/sqft
        Source: RE/MAX Advantage Plus #4995555 Report a problem
        11/30/2005Sold$217,000$130/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,726 +36.5%$318,600 +1.1%
        2024$4,195 +4%$315,000 -2.2%
        2023$4,034 +5.2%$322,000 +4.9%
        2022$3,834 +9.4%$307,000 +7%
        2021$3,505 -1.4%$287,000 +5.1%
        2020$3,555 +1.4%$273,000 +6%
        2019$3,505 -1.4%$257,500
        2018$3,555 +9.8%$257,500 +22.6%
        2017$3,237 +8.4%$210,000 +10.8%
        2016$2,988 +9.3%$189,500 +8.6%
        2015$2,733 +5.2%$174,500 +3.6%
        2014$2,599 -1.2%$168,500 +2.7%
        2013$2,630 -10.7%$164,000 -10.9%
        2012$2,943 -2.8%$184,000 -3.7%
        2011$3,028 +7.7%$191,000 -5.9%
        2010$2,813 -2.4%$203,000 -2.5%
        2009$2,884 +42.3%$208,300 +30.4%
        2006$2,026 +8.4%$159,700 +15%
        2005$1,869 +9.3%$138,900 +15%
        2004$1,711 +12.3%$120,800 +12%
        2002$1,523 -50.6%$107,900
        2001$3,083 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
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        Climate risks

        Neighborhood: Morris Park

        Getting around

        52 / 100
        Somewhat Walkable
        43 / 100
        Some Transit
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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