Sold / Closed
$391,000

Sold price · Closed May 29, 2026

5541 40th Avenue S, Minneapolis, MN, 55417

3  Bedrooms2  Bathrooms1,610  Square Feet0.11  Acres
Days on market8
Year built1948
Garage spaces2
Potential $7,050buyer credit when you buy with SODL

About this home

***Multiple offers received. Highest & Best OFFERS DUE by Saturday, May 9 at 5:00 pm. Located on an inviting street in south Minneapolis, this adorable home shines with both classic charm and modern touches. As you enter, the original, newly-refinished (2026) hardwood floors create a warm environment made for gatherings. Notice the updated windows letting in oodles of natural light. The dining area leads to a sliding door onto the lovely deck and lower paver patio — the perfect spot for dinners indoors or out, for entertaining friends and family, or enjoying your morning coffee bathed in sunlight. Kitchen highlights include attractive, modern cabinetry and slate tile flooring. Write your recipes directly on the high-end refrigerator (2025), as the shiny white doors serve as a reusable white board. In addition to two bedrooms on the main floor, you’ll find an updated, stylish bathroom (2023). Venture upstairs to find a third bedroom with a generous walk-in closet, modern cork plank flooring, and updated lighting. New attic insulation (2025) will help keep you cozy warm in winter and comfortably cool in the summer. Descend the basement steps to find a spacious family room with fresh carpet (2026) for movie or board game nights with friends. The flat screen TV and mount come with the home! The egress window also means this could one day be a fourth bedroom. Note the convenient, adjoining three-quarter bath. The large utility room includes plenty of storage. The surrounding yard provides a myriad of edible treats in the organically-grown and lovingly-maintained landscaping. Well-established native and flowering perennials in the front attract a variety of pollinators and colorful butterflies. Amidst the front, sides, and back, you’ll discover two plum and two cherry trees; and serviceberry, dwarf cherry, golden and red raspberry, and blueberry bushes! All produce lots of fruit for eating and preserving. Note the modern, two-car garage. It features a large 18’ by 12’ adjoining, insulated shop for the woodworker in you, or add a doggy door and use as an indoor/outdoor fenced dog kennel area. Morris Park is just across the street with lots of green space, and the neighborhood is perfect for a summer stroll. You’ll be a short drive to Highways 55 and 62, to quickly get anywhere in the Twin Cities for a speedy commute. Oxendale’s Market and Nokomis Hardware are a mile or less away, along with other nearby spots for dinner or treats — Crema Coffee + Creme (soft serve!), Dominguez Family Restaurant, and Bull's Horn Food and Drink. Don’t miss your chance to live in the rich warmth of this special home on a cute south Minneapolis street!

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1948
LevelsOne and One Half
Living area1,610 sqft
Above-grade finished1,132 sqft
Below-grade finished478 sqft
Lot size0.11 acres (40x128)
Days on market8
ListedMay 2, 2026
MLS #NST7028109
CountyHennepin
Parcel #1902823120147

Facts & features

Interior

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

Property

Levels / stories
One and One Half
Garage
2 spaces · 22x24 · 536 sqft
Parking features
Detached Garage, Asphalt, No Int Access to Dwelling
Patio & porch
Deck, Patio
Exterior features
Stucco
Pool
None

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Frame
Foundation
Block · 847 sqft
Roof
Age Over 8 Years, Asphalt, Pitched
Year built
1948

Utilities

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

Community & HOA

HOA
No HOA
School district
1 - Minneapolis
High school district
Minneapolis

Financial & listing details

Annual tax
$4,465.54 (2026)
Listed
May 2, 2026
Days on market
8
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths1
3/4 baths1
Half baths0
1/4 baths0
BasementFinished, Full
HeatingForced Air
CoolingCentral Air
Fireplaces1
LaundryIn Basement, Lower Level
AppliancesDishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
DiningBreakfast Bar, Eat In Kitchen, Informal Dining Room
AmenitiesDeck, Hardwood Floors, Kitchen Window, Main Floor Primary Bedroom, Natural Woodwork, Patio, Tile Floors, Walk-In Closet
AccessibilityNone
Special featuresMain Floor Bedroom

Exterior & lot

ExteriorStucco
RoofAge Over 8 Years, Asphalt, Pitched
FoundationBlock
Foundation area847 sqft
Patio/porchDeck, Patio
Lot featuresTree Coverage - Medium
Road frontageCity Street
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingDetached Garage, Asphalt, No Int Access to Dwelling
Garage spaces2
Garage size536 sqft

Financial details

Annual taxes$4,465.54
Tax year2026
Taxes w/ assessments4465.54
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District1 - Minneapolis
District number1
District phone6126680000
High schoolMinneapolis
SODL flat fee brokerage
$7,050Estimated buyer credit
SODL platform fee $3,000Your buyer credit $7,050

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

$2,244/mo
Principal & interest$1,761
Property taxes$372
Home insurance (est.)$112
%
$67,000
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

5541 40th Avenue S, Minneapolis, MN, 55417

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Listing information

MLS #NST7028109
Last reported MLS statusClosed
MLS record updatedMay 29, 2026, 5:46 PM
Originally listedMay 7, 2026, 12:00 AM
Listing officeBRIX Real Estate

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.