Sold / Closed
$305,000

Sold price · Closed Aug 10, 2026

5206 40th Avenue S, Minneapolis, MN, 55417

2  Bedrooms1  Bathroom874  Square Feet6412  Acres
Days on market14
Year built1913
Garage spaces2
Potential $5,997buyer credit when you buy with SODL

About this home

Nestled in the heart of South Minneapolis’ highly sought-after Minnehaha neighborhood, this charming 2-bedroom, 1-bath home offers the perfect blend of character, convenience, and urban adventure. Filled with natural light and timeless appeal, this inviting home provides comfortable living spaces and a functional layout ready for its next chapter. Outside, the property truly shines. The spacious oversized, fenced lot offers mature trees and additional room to relax, garden, or entertain. Don’t forget a spacious detached garage. Windows, AC, furnace, water heater are all less than 5 years old. Step outside and enjoy one of Minneapolis’ most desirable locations. Just minutes from the iconic Minnehaha Regional Park, you’ll have easy access to scenic walking and biking trails, beautiful waterfalls, picnic areas, playgrounds, and year-round outdoor recreation. The nearby METRO Blue Line provides convenient access to downtown Minneapolis, downtown St. Paul, Minneapolis–Saint Paul International Airport, and the Mall of America. Enjoy neighborhood coffee shops, restaurants, local breweries, parks, and the extensive Grand Rounds trail system all just moments from your front door. Whether you’re a first-time buyer, downsizing, or searching for an investment opportunity in one of Minneapolis’ most beloved neighborhoods, this home offers an exceptional combination of value, location, and lifestyle.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1913
LevelsTwo
Living area874 sqft
Above-grade finished874 sqft
Below-grade finished0 sqft
Lot size6412 acres (50x128)
Days on market14
ListedJun 4, 2026
MLS #NST7063287
CountyHennepin
SubdivisionMinnehaha Falls 2nd Add
Parcel #1802823430039

Facts & features

Interior

Bedrooms
2
Bathrooms
1
Bath breakdown
1 full
Heating
Forced Air
Cooling
Central Air
Appliances
Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer

Property

Levels / stories
Two
Garage
2 spaces · 400 sqft
Parking features
Detached Garage, Concrete, Garage Door Opener
Patio & porch
Enclosed, Front Porch
Exterior features
Vinyl
Pool
None

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Block
Foundation
Block · 528 sqft
Roof
Asphalt
Year built
1913

Utilities

Water
City Water/Connected, City Water - In Street
Sewer
City Sewer/Connected, City Sewer - In Street
Fuel
Natural Gas
Electric
Circuit Breakers

Community & HOA

Subdivision
Minnehaha Falls 2nd Add
HOA
No HOA
School district
1 - Minneapolis
High school district
Minneapolis

Financial & listing details

Annual tax
$4,536.04 (2026)
Listed
Jun 4, 2026
Days on market
14
Manufactured home
Yes

Interior details

Total bathrooms1
Full baths1
3/4 baths0
Half baths0
1/4 baths0
BasementUnfinished
HeatingForced Air
CoolingCentral Air
LaundryIn Basement, Lower Level
AppliancesDryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
DiningEat In Kitchen
AmenitiesHardwood Floors, Washer/Dryer Hookup
AccessibilityNone

Exterior & lot

ExteriorVinyl
RoofAsphalt
FoundationBlock
Foundation area528 sqft
Patio/porchEnclosed, Front Porch
Lot featuresTree Coverage - Light
Road frontageCity Street, Curbs, Paved Streets, Sidewalks
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected, City Water - In Street
SewerCity Sewer/Connected, City Sewer - In Street
FuelNatural Gas

Parking & garage

ParkingDetached Garage, Concrete, Garage Door Opener
Garage spaces2
Garage size400 sqft

Financial details

Annual taxes$4,536.04
Tax year2026
Taxes w/ assessments4536.04
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District1 - Minneapolis
District number1
District phone6126680000
High schoolMinneapolis
SODL flat fee brokerage
$5,997Estimated buyer credit
SODL platform fee $3,000Your buyer credit $5,997

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$2,054/mo
Principal & interest$1,576
Property taxes$378
Home insurance (est.)$100
%
$59,980
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

5206 40th Avenue S, Minneapolis, MN, 55417

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Listing information

MLS #NST7063287
Last reported MLS statusClosed
MLS record updatedAug 11, 2026, 6:24 PM
Originally listedJun 5, 2026, 4:39 PM
Listing officeKeller Williams Preferred Rlty

Status reflects the latest MLS record available to SODL, not independently confirmed current availability. Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.