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5131 40th Avenue S, Minneapolis, MN 55417

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For Sale

$224,900

2 beds • 1 baths • 984 sqft

Estimated Payment

$ 1,384 /mo. †

6.85% APR for 30 yrs.
$2,464 in taxes
Change Loan Terms

  • Townhouse
    Property type

  • $228.56
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

Rare opportunity for a townhome in the heart of South Minneapolis! Nestled in the desirable Minnehaha neighborhood, this charming, well kept 2 bedroom townhome offers comfort and convenience. Step inside to discover fresh updates: new carpet and paint throughout. The spacious 1st floor living area flows into the updated kitchen, perfect for relaxing or entertaining. Upstairs, two generously sized bedrooms boast tons of closet space. Oversized one car garage as well for added storage. Explore the vibrant neighborhood with ease! Walk or bike to Minnehaha Park, Lake Nokomis, trendy restaurants, and unique shops. Enjoy easy access to the light rail, connecting you to the best of city living Don't miss out, hands down the best value in Minneapolis!
MLS# 6650599

Courtesy Of RE/MAX Results

(952) 829-2900

Open Houses

March

2

Sunday

In Person

Sunday, March 2, 2025

2:00PM - 3:30PM

Property Features

  • Age
    41-50 Years Old
  • Appliances
    Dishwasher, Dryer, Garbage Disposer, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    0.02 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 5131 40th Avenue S, Minneapolis, MN 55417

Home seller CENTURY 21 Atwood

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Atwood

(952) 925-3901
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $1,179
  • Property Taxes
    $205
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,384

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Lake Nokomis Community School - Wenonah Campus

Grades KG-1 Public School

Minneapolis, MN 55417 1.3 miles
5625 23rd ave s

248 total students
14:1 Student teacher ratio

School Details

Lake Nokomis Community School - Keewaydin Campus

Grades 2-5 Public School

Minneapolis, MN 55417 0.7 miles
5209 30th ave s

469 total students
17:1 Student teacher ratio

School Details

Sanford Community Middle School

Grades 6-8 Public School

Minneapolis, MN 55406 2 miles
3524 42nd ave s

933 total students
38:1 Student teacher ratio

School Rating: C

School Details

Roosevelt High School

Grades 9-12 Public School

Minneapolis, MN 55406 1.6 miles
4029 28th ave s

2 total students

School Rating: A

School Details
Other Nearby Schools Distance Type Grades School Rating
Hiawatha Leadership Academy-morris Pk 0.6 miles Public KG-4
Hennepin Middle School 0.6 miles Public 6-8 D-
Hiawatha Community School - Hiawatha Campus 1.1 miles Public KG-2
Northrop Community School 1.1 miles Public KG-5 B
Minnehaha Academy Lower School 1.2 miles Private PK-8
Sunny Hollow Montessori 1.2 miles Private PK-8
Friendship Academy Of Arts - Interm 1.4 miles Public 2-8 F
Highland Catholic School 1.5 miles Private PK-8
Michael Dowling Elementary School 1.6 miles Public KG-5 C
Roosevelt Senior High School 1.6 miles Public 9-12 C
Horace Mann School 1.6 miles Public KG-5 A
Hiawatha Community School - Howe Campus 1.7 miles Public 3-5 B-
Hiawatha College Preparatory - Northrop 1.8 miles Public 5-7 D-
St Catherine University Early Childhood Center 1.8 miles Private TKG
Jie Ming Mandarin Immersion Academy 1.9 miles Public KG-5 A+
Hiawatha Leadership Acdy-northrop 1.9 miles Public KG-4 D-
Friendship Acdmy Of Fine Arts Charter 1.9 miles Public KG-1

Hiawatha Leadership Academy-morris Pk

Distance: 0.6 miles

Type Public

Grades: KG-4

Hennepin Middle School

Distance: 0.6 miles

Type Public

Grades: 6-8

D-

Hiawatha Community School - Hiawatha Campus

Distance: 1.1 miles

Type Public

Grades: KG-2

Northrop Community School

Distance: 1.1 miles

Type Public

Grades: KG-5

B

Minnehaha Academy Lower School

Distance: 1.2 miles

Type Private

Grades: PK-8

Sunny Hollow Montessori

Distance: 1.2 miles

Type Private

Grades: PK-8

Friendship Academy Of Arts - Interm

Distance: 1.4 miles

Type Public

Grades: 2-8

F

Highland Catholic School

Distance: 1.5 miles

Type Private

Grades: PK-8

Michael Dowling Elementary School

Distance: 1.6 miles

Type Public

Grades: KG-5

C

Roosevelt Senior High School

Distance: 1.6 miles

Type Public

Grades: 9-12

C

Horace Mann School

Distance: 1.6 miles

Type Public

Grades: KG-5

A

Hiawatha Community School - Howe Campus

Distance: 1.7 miles

Type Public

Grades: 3-5

B-

Hiawatha College Preparatory - Northrop

Distance: 1.8 miles

Type Public

Grades: 5-7

D-

St Catherine University Early Childhood Center

Distance: 1.8 miles

Type Private

Grades: TKG

Jie Ming Mandarin Immersion Academy

Distance: 1.9 miles

Type Public

Grades: KG-5

A+

Hiawatha Leadership Acdy-northrop

Distance: 1.9 miles

Type Public

Grades: KG-4

D-

Friendship Acdmy Of Fine Arts Charter

Distance: 1.9 miles

Type Public

Grades: KG-1

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Minneapolis, MN 55417

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Minneapolis, MN 55417

This community’s employment is highest in the transportation and administrative support industries. The area’s overall household expenses are above the national average.

84° July
Hottest Average Month
4° January
Coldest Average Month
11,066 Total Households in Area
-2% Increase in population since the year 2010
30.4%
of households
have children
21 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Minneapolis, MN 55417

Minneapolis, MN 55417 has a population of 25,310 people in 11,066 households with a median age of 38.6 years old.

-2%
Decrease in population
since the year 2010
Population is Trending down
10,961
Total households as of 2010
4.3%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 38.6 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 76%
Hispanic 7%
Black 7%
Other 4%
Asian 2%
Native American 1%
The most prevalent ethnicity is White at 76%, followed by Hispanic at 7%, Black at 7%, and Other at 4%.

Economics
for Minneapolis, MN 55417

4,502 /sq mi
Population Density
$109,260 /yr
Median Household Income
$322,500
Median Sales Price
21 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 15.84% of the households.

Transportation to Work

  • Drive 73%
  • Work from Home 19%
  • Public Transit 6%
  • Walk or Bike 3%

Occupancy by Type

Owned 9,046 79%
Rented 2,019 18%
Vacant 313 3%

White vs Blue Collar Jobs







White Collar 89%
Blue Collar 11%

Family & Education Facts
for Minneapolis, MN 55417

38.6 Median Age

Average Household Size

2.3
persons per
household

48.9%

Married Households

Community Population By Education

Bachelors Degree 37%
Graduate Degree 26%
Some College 15%
High School Graduate 12%
Associates Degree 7%
Some High School 4%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 36.58% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
30.4% of households have children

Weather
for Minneapolis, MN 55417

The weather for this area ranges from a high of 84° F in July to a low of 4° F in January

84° July
Hottest Average Month
4° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
4°
22°
Feb
9°
28°
Mar
21°
40°
Apr
35°
57°
May
47°
71°
Jun
57°
79°
Jul
62°
84°
Aug
60°
82°
Sep
51°
72°
Oct
40°
60°
Nov
25°
41°
Dec
11°
27°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Minneapolis, MN 55417!
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Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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