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  • $402,500

    5712 40th Ave S, Minneapolis, MN 55417

    4beds
    2,156sqft
    Single Family
    Built in 1959
    5,662 Square Feet Lot
    $402,700 Zestimate®
    $187/sqft
    $3,001 Estimated rent

    Home value

    $402,700

    $375,000 - $435,000

    $3,001/mo

    Zestimate® history
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    What's special

    Well-maintained and thoughtfully updated 4-bedroom, 2-bath home in the highly desirable Morris Park neighborhood of Minneapolis. The main level offers hardwood floors, great natural light, three bedrooms, and an updated full bath, along with a renovated kitchen featuring quality cabinetry and stainless appliances. The finished lower level stands out for this price point, offering a spacious family room, fourth bedroom, and second bathroom — ideal for additional living space, guests, or a home office. Above-average renovation quality throughout, plus a large backyard and detached garage, make this a strong value in a prime South Minneapolis location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Adam Tafel 715-456-7205,

    Real Broker, LLC

    Bought with:

    Camila Merriam-Colareta

    RE/MAX Results

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7027257MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Bedroom 2
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Bedroom 3
    • Level: Main
    • Area: 90 Square Feet
    • Dimensions: 10x09
    Bedroom 4
    • Level: Lower
    • Area: 168 Square Feet
    • Dimensions: 14x12
    Kitchen
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 21x08
    Living room
    • Level: Main
    • Area: 234 Square Feet
    • Dimensions: 18x13
    Other
    • Level: Main
    • Area: 372 Square Feet
    • Dimensions: 31x12
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
    Features
    • Basement: Block
    Interior area
    • Total structure area: 2,156
    • Total interior livable area: 2,156 sqft
    • Finished area above ground: 1,078
    • Finished area below ground: 1,011

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached Garage, Asphalt
    • Garage spaces: 1
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Fencing: Wood
    Lot
    • Size: 5,662 Square Feet
    • Dimensions: 43 x 128
    • Features: Near Public Transit
    Details
    • Additional structures: Garage(s)
    • Foundation area: 1078
    • Parcel number: 1902823130138
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1959

    Utilities & green energy

    • Electric: Circuit Breakers
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: George Applebys Add
    HOA
    • Has HOA: No
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $187/sqft
    • Tax assessed value: $381,200
    • Annual tax amount: $5,836
    • Date on market: 3/2/2026
    • Cumulative days on market: 13 days

    Price history

    DateEventPrice
    4/20/2026Sold$402,500-1.8%$187/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7027257 Report a problem
    3/18/2026Pending sale$410,000$190/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7027257 Report a problem
    3/5/2026Listed for sale$410,000+2.5%$190/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7027257 Report a problem
    1/10/2024Listing removed--
    Source: Zillow Rentals Report a problem
    1/4/2024Price change$3,500-22.2%$2/sqft
    Source: Zillow Rentals Report a problem
    12/24/2023Price change$4,500-10%$2/sqft
    Source: Zillow Rentals Report a problem
    12/15/2023Price change$5,000-16.7%$2/sqft
    Source: Zillow Rentals Report a problem
    12/13/2023Listed for rent$6,000$3/sqft
    Source: Zillow Rentals Report a problem
    9/18/2023Sold$400,000+0%$186/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6415948 Report a problem
    8/29/2023Pending sale$399,900$185/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6415948 Report a problem
    8/10/2023Listed for sale$399,900-4.8%$185/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6415948 Report a problem
    8/10/2023Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #6405308 Report a problem
    7/21/2023Listed for sale$419,900-1.2%$195/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6405308 Report a problem
    7/20/2023Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #6390855 Report a problem
    6/27/2023Listed for sale$425,000+100.4%$197/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6390855 Report a problem
    2/28/2023Sold$212,100-15.1%$98/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6319937 Report a problem
    1/20/2023Pending sale$249,900$116/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6319937 Report a problem
    1/9/2023Price change$249,900-16.7%$116/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6319937 Report a problem
    1/5/2023Pending sale$299,900$139/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6319937 Report a problem
    1/2/2023Listed for sale$299,900+107.5%$139/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6319937 Report a problem
    10/1/2001Sold$144,500$67/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,836 +47%$381,200 -5.4%
    2024$3,971 +5.1%$403,000 +28.8%
    2023$3,779 +11.2%$313,000 +5.4%
    2022$3,400 +5.7%$297,000 +15.1%
    2021$3,216 -4.5%$258,000 +2%
    2020$3,368 +4.7%$253,000 +3.1%
    2019$3,216 -4.5%$245,500 +4.9%
    2018$3,368 +16.3%$234,000 +34.5%
    2017$2,897 +21.2%$174,000 +6.7%
    2016$2,389 +4.8%$163,000 +6.5%
    2015$2,279 +3%$153,000 +2.7%
    2014$2,212 -3.8%$149,000
    2013$2,299 -8.2%$149,000 -8.6%
    2012$2,505 -2.6%$163,000 -2.7%
    2011$2,571 +2.5%$167,500 -10%
    2010$2,508 -1.2%$186,200
    2009$2,538 +14.1%$186,200 +7.7%
    2006$2,225 +11.4%$172,900 +15%
    2005$1,997 +9.5%$150,400 +15%
    2004$1,823 +12.7%$130,800 +12%
    2002$1,617 -53.2%$116,800
    2001$3,457 --
    Find assessor info on the county website

    Neighborhood: Morris Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $402,700
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    Estimated market value
    $402,700