$6,175

closing credit¹

3155 40th Ave S Minneapolis, MN 55406

$520,000
3 beds
2 full
2,172 sqft
$239 / sqft
House

Property details

About 3155 40th Ave S

This Minneapolis charmer is nestled under mature trees with beautiful perennial gardens, just steps from West River Parkway and the city’s best dining and retail. The sellers have lovingly cared for this home, including a kitchen update, lower-level remodel, bountiful garden and more. The main level living room is flooded with natural light, includes a classic wood-burning fireplace and hardwood floors. The living room opens to the dining room which features original built-ins. The floor plan is also open to the kitchen, which includes a gas stovetop and new stainless-steel appliances. 3 spacious bedrooms and an updated full bathroom complete the main level. The updated lower-level features a large living room with gas fireplace and beautiful wet bar, great for entertaining. The lower level also features a full bathroom with jacuzzi tub and steam shower. An exercise room, laundry room and storage room complete the lower-level. The backyard is fully-fenced and includes a patio, beautiful garden with perennial flowers and a large shed for storage. The two-car garage provides additional storage space as well. See supplements for updates and more information about this exceptional property.

Highlights

Home typeSingle Family Residence
HeatingSteam
StatusComing Soon
CoolingDuctless
Size2,172 sqft
BasementYes
Year built1927
ParkingOther
MLS #6640424
Garage2 spaces
FireplaceFamily Room, Gas, Wood Burning
Active DateFebruary 13, 2025

Summary

  • MLS Number: 6640424
  • MLS Name: NORTHSTAR
  • Office Name: Compass

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view of front of house

$520,000

3155 40th Ave S

$6,175

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 14, 1998
Home Sold
$102,000

Tax history

YearAssessmentProperty Tax
2023$422,000$5,508
2022$398,000$5,220
2021$362,000$4,958
2020$344,500$4,534
2019$338,265$4,914
2018$320,280$4,797
2017$287,580$4,571

History based on county public records data.

Nearby schools

1

Anishinabe Academy

Public Magnet PK-5

0.7 mi

3100 E 28th St

6

Hiawatha Community School - Howe Campus

Public District 3-5

0.7 mi

3733 43rd Ave S

4

Michael Dowling Elementary School

Public Magnet KG-5

1.0 mi

3900 W River Pkwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $65,385. Typical income of Minneapolis, MN residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

12%
<35k
58%
35k-100k
30%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

48%
Single, No Kids
10%
Single, with Kids
24%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
6%
12-17 yrs old
20%
18-34 yrs old
51%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • TennisTennis
  • Hiking/backpackingHiking/backpacking
  • Men's TennisMen's Tennis

Where do the neighbors shop?

  • Crate & BarrelCrate & Barrel
  • BloomingdalesBloomingdales
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • The Cheesecake FactoryThe Cheesecake Factory
  • Boston MarketBoston Market

What do the neighbors drive?

  • BMWBMW
  • AudiAudi
  • VolvoVolvo

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 3155 40th Ave S

This home is located at 3155 40th Ave S in Minneapolis, MN and zip code 55406 in the Cooper neighborhood. This 2,172 square foot home was built in 1927. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 7, 2025 and is currently priced at $520,000.

In January 2025, from all listings sold in Minneapolis, MN there were more than 161 sold above asking price, over 309 sold below and more than 152 were sold right at the asked price. In January 2025 in Minneapolis, MN there were 0.1% less homes for sale than in December. In January 2025 median list price was $350,000 and the average listing age was 47 days.

From Rocket Homes Real Estate and based on county public records data.

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