#6674131, Listing office: RE/MAX Results
40 Penn Ave S Minneapolis, MN 55405
Property details
About 40 Penn Ave S
Come home to Bryn Mawr. This stunning cedar-sided bungalow blends warmth, charm, and versatility in one of Minneapolis’ most beloved neighborhoods. From the moment you walk through the door, you’ll feel right at home. A few updates are the new Roof on the house and sunroom, new front stoop, fresh interior and exterior paint and landscaping. Gorgeous hardwood floors flow throughout the open-concept main level, where the kitchen seamlessly connects to the living and dining areas—perfect for everyday living and entertaining alike. The dreamy primary suite is a true retreat, while the light-filled 4-season porch offers a peaceful space to relax and soak in the natural surroundings. Step outside into your own backyard oasis, complete with winding pathways, vibrant blooms, and multiple seating areas—an absolute paradise for gardeners and nature lovers. Need a space for your home-based business? One of the main-floor bedrooms is already plumbed and previously operated as a salon. Use it as-is, reimagine it as a massage room or wet bar lounge, or simply convert it back into a cozy bedroom or home office. All this, just blocks from neighborhood parks, trails, playgrounds, a local coffee shop, grocery store, breweries, yoga studio, and more.
Highlights
Summary
- Full Bathrooms: 1
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
- Basement: Yes
- Fireplace: Family Room, Gas
- Total Bedroom Count: 3
- Garage Space: 1 space
- Parking: Garage Door Opener
- Heating: Forced Air
- Cooling: Central Air
- List Price: $475,000
- Price/SqFt: $282
- HOA Amount: $0
- Annual Tax Amount: $4,764
- Tax Year: 2023
- Lot: Few Trees
- Directions: Hwy 394 to Penn Ave, north to home
- Year Built: 1942
- Living Area: 1,683 SqFt
- MLS Number: 6723485
- MLS Name: NORTHSTAR
- Office Name: eXp Realty
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Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 05, 2020 | Home Sold | $360,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $370,000 | $4,764 |
2022 | $385,000 | $5,018 |
2021 | $339,000 | $4,595 |
2020 | $308,000 | $3,990 |
2019 | $291,940 | $4,229 |
2018 | $291,940 | $4,357 |
2017 | $264,690 | $3,974 |
History based on county public records data.
Nearby schools
1
Bryn Mawr Community School
Public District PK-5
0.4 mi
•252 Upton Ave S
4
Kenwood Community School
Public District KG-5
0.9 mi
•2013 Penn Ave S
1
Bethune Elementary School
Public District PK-5
1.1 mi
•919 Emerson Ave N
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $89,706. The most common annual income of people living in Minneapolis, MN is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 40 Penn Ave S
The listing price of 40 Penn Ave S property is $475,000.
The property 40 Penn Ave S is a house located in Minneapolis, Minnesota, 55405.
Coming Soon: 40 Penn Ave S is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.
The nearby schools for 40 Penn Ave S are: Bryn Mawr Community School (GreatSchools Rating 1/10), Kenwood Community School (GreatSchools Rating 4/10), Bethune Elementary School (GreatSchools Rating 1/10), Anwatin Community Middle School (GreatSchools Rating 1/10), Best Academy (GreatSchools Rating 4/10), Loveworks Academy for Arts (GreatSchools Rating 1/10), Downtown Campus (GreatSchools Rating 1/10), Metro Schools Charter (GreatSchools Rating 6/10), Banaadir Secondary School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $4,764 (source: MLS/based on county public records data).
The last sale was on October 5, 2020 for $360,000 (source: MLS/tax record).
The property at 40 Penn Ave S has 3 bedrooms and 2 bathrooms.
The property 40 Penn Ave S is 1,683 SqFt (source: MLS/tax record).
The year of construction for 40 Penn Ave S is 1942.
This home is located at 40 Penn Ave S in Minneapolis, MN and zip code 55405 in the Calhoun-Isles neighborhood. This 1,683 square foot home was built in 1942. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 3, 2025 and is currently priced at $475,000.
Over 634 listings were sold over their listed price in June 2025 in Minneapolis, MN. In the same period over 363 listings were sold below the listed price and 245 listings were sold for the listed price. The number of listings in Minneapolis, MN increased by 3.4% between May and June 2025. Listings spent 23 days on the market in June 2025, and had a median list price of $359,091 during the same period.