Pending
$534,900

5321 40th Avenue S, Minneapolis, MN, 55417

5  Bedrooms3  Bathrooms1,910  Square Feet0.12  Acres
Days on market33
Year built1924
Garage spaces2
Potential $13,047buyer credit when you buy with SODL

About this home

Welcome home to this fully renovated home that offers historic charm with the convenience of modern updates! Enjoy this convenient and pet-friendly neighborhood close to Minnehaha Park! Beautiful hardwood floors throughout the main level! Open and renovated kitchen features breakfast bar, granite countertops, white Subway tile backsplash, and stainless steel appliances! Kitchen is bright and sunny, with corner sink looking out into the back yard through multiple windows. Lots of counter space and separate pantry makes meal prep easy. Main level features a primary main level primary bedroom. There is an additional bonus room off the sun-filled living room which could function as a bedroom, home office or serve as a great TV space! Three cozy bedrooms plus convenient laundry room are located on the upper level, a convenience which is rarely found in homes of this era. Lower level was finished in 2023 and offers space for a family room, exercise or workout area, music room, and bar area with built-in cabinetry, and a beautifully renovated and tiled 3/4 bathroom with glass shower door. Spacious backyard features a two car garage and a patio area, which is a perfect spot for entertaining or pet-friendly play with a privacy fence. Prior listing noted: New fence, new AC, new patio, paint refresh 2022-2023. New siding in 2016. New sewer line with 10 yar warranty installed in 2024. Great location with tree lined streets in close proximity to Minnehaha Falls and the Mississippi River. Easy access to major thoroughfares and the airport!

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Home facts

Property typeResidential
Property subtypeSingle Family Residence
Year built1924
LevelsTwo
Living area1,910 sqft
Above-grade finished1,486 sqft
Below-grade finished424 sqft
Lot size0.12 acres (40 x 128)
Days on market33
ListedDec 26, 2025
MLS #NST7002674
CountyHennepin
SubdivisionMinnehaha Falls 2nd Add
Parcel #1802823430162

Facts & features

Interior

Bedrooms
5
Bathrooms
3
Bath breakdown
2 full / 1 3/4
Heating
Forced Air
Cooling
Central Air
Appliances
Cooktop, Dryer, Electric Water Heater, ENERGY STAR Qualified Appliances, Exhaust Fan, Range, Refrigerator, Stainless Steel Appliances, Washer

Property

Levels / stories
Two
Garage
2 spaces · 21 x 19 · 399 sqft
Parking features
Detached Garage, Concrete
Patio & porch
Enclosed, Patio
Pool
None
Fencing
Chain Link, Full, Privacy, Vinyl

Construction

Property type
Residential
Property subtype
Single Family Residence
Construction materials
Block, Concrete
Foundation
896 sqft
Roof
Age Over 8 Years, Asphalt
Year built
1924

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
Circuit Breakers, 100 Amp Service

Community & HOA

Subdivision
Minnehaha Falls 2nd Add
HOA
No HOA
School district
Minneapolis

Financial & listing details

Annual tax
$5,853 (2025)
Listed
Dec 26, 2025
Days on market
33 · 167 cumulative
Manufactured home
Yes

Interior details

Total bathrooms3
Full baths2
3/4 baths1
Half baths0
1/4 baths0
BasementBlock, Crawl Space, Daylight/Lookout Windows, Finished, Full, Storage Space
HeatingForced Air
CoolingCentral Air
LaundryElectric Dryer Hookup, Laundry Room, Upper Level
AppliancesCooktop, Dryer, Electric Water Heater, ENERGY STAR Qualified Appliances, Exhaust Fan, Range, Refrigerator, Stainless Steel Appliances, Washer
DiningBreakfast Bar, Eat In Kitchen, Informal Dining Room, Kitchen/Dining Room, Living/Dining Room
AmenitiesFrench Doors, Hardwood Floors, Kitchen Window, Main Floor Primary Bedroom, Patio, Porch, Washer/Dryer Hookup
AccessibilityNone
Special features2nd Floor Laundry, 3 BR on One Level, Main Floor Bedroom, Renovated

Exterior & lot

RoofAge Over 8 Years, Asphalt
Foundation area896 sqft
Patio/porchEnclosed, Patio
Lot featuresPublic Transit (w/in 6 blks), Tree Coverage - Light
Road frontageCity Street, Curbs, Paved Streets, Sidewalks, Street Lights
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingDetached Garage, Concrete
Garage spaces2
Garage size399 sqft

Financial details

Annual taxes$5,853
Tax year2025
Taxes w/ assessments5853
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District number558
District phone6126680000
High schoolMinneapolis
SODL flat fee brokerage
$13,047Estimated buyer credit
SODL platform fee $3,000Your buyer credit $13,047

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

$3,477/mo
Principal & interest$2,811
Property taxes$488
Home insurance (est.)$178
%
$106,980
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

5321 40th Avenue S, Minneapolis, MN, 55417

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Listing information

MLS #NST7002674
Last reported MLS statusPending
MLS record updatedFeb 18, 2026, 8:45 PM
Originally listedDec 26, 2025, 3:18 PM
Listing officeColdwell Banker Realty
Co-listing officeColdwell Banker Realty

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.