Welcome to this character-filled 1924 home located directly across from Morris Park in one of Minneapolis' most walkable and well-connected neighborhoods. Enjoy the best of both worlds—peaceful neighborhood living with incredible access to the city and metro area. Step inside to find thoughtfully maintained spaces and a blend of timeless charm with modern updates. The main floor features newer flooring and fresh paint, while the upper level boasts brand-new carpet. The home’s exterior has also received significant upgrades, including new soffit and fascia on the house, updated siding and fascia on the garage, and a new chimney wrap and cap. MAC-updated windows add to the comfort and energy efficiency. The spacious garage is a standout feature, offering ample storage and functionality. You’ll love the unbeatable location—just steps from the community center, park, wading pool, and plenty of open street parking thanks to no homes directly across the way. Enjoy easy access to Light Rail (just over half a mile away), as well as scenic walks to Minnehaha Falls, Lake Nokomis, and neighborhood favorites like Rick's Coffee, Town Hall Lanes, and Oxendale’s Grocery. This home offers a rare combination of classic charm, practical updates, and unbeatable convenience. Don’t miss your chance to own a slice of Morris Park!

Date	Event	Price
7/18/2025	Sold	$350,672+11.3%$267/sqft
Source: NorthstarMLS as distributed by MLS GRID #6737971 Report a problem
6/28/2025	Pending sale	$315,000$240/sqft
Source: NorthstarMLS as distributed by MLS GRID #6737971 Report a problem
6/19/2025	Listed for sale	$315,000+96.9%$240/sqft
Source: NorthstarMLS as distributed by MLS GRID #6737971 Report a problem
4/5/2013	Sold	$160,000-11.1%$122/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #1983165 Report a problem
8/15/2003	Sold	$179,900$137/sqft
Source: Agent Provided Report a problem

Year	Property taxes	Tax assessment
2025	$3,801 +6.3%	$293,200 +6.2%
2024	$3,576 +2.3%	$276,000 -3.2%
2023	$3,495 +2.4%	$285,000 +2.9%
2022	$3,415 +13.6%	$277,000 +6.9%
2021	$3,006 -1.3%	$259,000 +8.6%
2020	$3,047 +1.3%	$238,500 +6%
2019	$3,006 -1.3%	$225,000
2018	$3,047 +10.1%	$225,000 +24.7%
2017	$2,767 +10.8%	$180,500 +7.8%
2016	$2,498 +6%	$167,500 +7.4%
2015	$2,356 +4%	$156,000 +4.7%
2014	$2,266 +2.5%	$149,000 +3.1%
2013	$2,212 -12.1%	$144,500 -11.6%
2012	$2,515 -3.5%	$163,500 -3.5%
2011	$2,606 +8%	$169,500 -5.8%
2010	$2,413 -4.1%	$180,000 -2.5%
2009	$2,515 +34.8%	$184,700 +24%
2006	$1,866 +11.8%	$149,000 +15%
2005	$1,669 +9.8%	$129,600 +15%
2004	$1,520 +6.6%	$112,700 +11.9%
2002	$1,426 -48.6%	$100,700
2001	$2,775	--

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5529 40th Ave S, Minneapolis, MN 55417

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