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  • $410,000

    5501 40th Ave S, Minneapolis, MN 55417

    4beds
    1,672sqft
    Single Family
    Built in 1947
    5,227 Square Feet Lot
    $410,000 Zestimate®
    $245/sqft
    $2,707 Estimated rent

    Home value

    $410,000

    $381,000 - $439,000

    $2,707/mo

    Zestimate® history
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    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Chad Bulloch 678-878-0060,

    Keller Williams Realty Integrity Lakes,

    Laura Nilles 763-639-6020

    Bought with:

    Brittany Jo Schwieger

    Pemberton RE

    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

    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: $245/sqft
    • Tax assessed value: $318,600
    • Annual tax amount: $5,726
    • Date on market: 6/23/2026
    • Cumulative days on market: 26 days

    Price history

    DateEventPrice
    8/3/2026Sold$410,000-4.4%$245/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7068225 Report a problem
    7/22/2026Pending sale$429,000$257/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7068225 Report a problem
    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

    Neighborhood: Morris Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $410,000
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    Estimated market value
    $410,000