Sold / Closed
$410,000

Sold price · Closed Aug 3, 2026

5501 40th Avenue S, Minneapolis, MN, 55417

4  Bedrooms2  Bathrooms1,672  Square Feet0.12  Acres
Days on market26
Year built1947
Garage spaces2
Potential $9,870buyer credit when you buy with SODL

About this home

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!

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1947
LevelsOne and One Half
Living area1,672 sqft
Above-grade finished1,212 sqft
Below-grade finished460 sqft
Lot size0.12 acres (128x40)
Days on market26
ListedJun 22, 2026
MLS #NST7068225
CountyHennepin
SubdivisionMorris Park 2nd Add
Parcel #1902823120157

Facts & features

Interior

Bedrooms
4
Bathrooms
2
Bath breakdown
1 full / 1 3/4
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Property

Levels / stories
One and One Half
Garage
2 spaces · 520 sqft
Parking features
Detached Garage, Concrete
Patio & porch
Patio
Exterior features
Vinyl
Fencing
Full, Wood

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block · 757 sqft
Roof
Age 8 Years or Less
Year built
1947

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas

Community & HOA

Subdivision
Morris Park 2nd Add
HOA
No HOA
School district
1 - Minneapolis
High school district
Minneapolis

Financial & listing details

Annual tax
$5,726 (2026)
Listed
Jun 22, 2026
Days on market
26
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths1
3/4 baths1
Half baths0
1/4 baths0
BasementFinished, Partially Finished
HeatingForced Air
CoolingCentral Air
Fireplaces1
LaundryIn Basement, Laundry Room
AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Washer
DiningKitchen/Dining Room
AmenitiesCeiling Fan(s), Hot Tub, Kitchen Window, Primary Bedroom Walk-In Closet, Vaulted Ceiling(s)
AccessibilityNone
Special featuresRenovated

Exterior & lot

ExteriorVinyl
RoofAge 8 Years or Less
FoundationBlock
Foundation area757 sqft
Patio/porchPatio
Lot featuresCorner Lot
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingDetached Garage, Concrete
Garage spaces2
Garage size520 sqft

Financial details

Annual taxes$5,726
Tax year2026
Taxes w/ assessments5726
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District1 - Minneapolis
District number1
District phone6126680000
High schoolMinneapolis
SODL flat fee brokerage
$9,870Estimated buyer credit
SODL platform fee $3,000Your buyer credit $9,870

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

$2,875/mo
Principal & interest$2,255
Property taxes$477
Home insurance (est.)$143
%
$85,800
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

5501 40th Avenue S, Minneapolis, MN, 55417

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Listing information

MLS #NST7068225
Last reported MLS statusClosed
MLS record updatedAug 5, 2026, 3:33 PM
Originally listedJun 26, 2026, 12:00 AM
Listing officeKeller Williams Realty Integrity Lakes
Co-listing officeKeller Williams Realty Integrity Lakes

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.