$225,000

5636 40th Ave S Minneapolis, MN 55417

$2,672
Closing credit¹
2 beds
1 full
877 sqft
$257 / sqft
House

Property details

About 5636 40th Ave S

*** Great potential for this Morris Park fixer-upper, bring your elbow grease and build equity. Unfinished basement offers room to grow. Convenient location close to Lake Nokomis, Minnehaha Falls, light rail hospital and MSP airport. Fenced yard, central air, newer windows, new roof and water heater. Priced to sell fast, this home is a must see and won't last long, so bring your vision and your offer.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size877 sqft
BasementYes
Year built1923
ParkingDetached
MLS #6673704
Garage1 space

Summary

  • MLS Number: 6673704
  • MLS Name: NORTHSTAR
  • Office Name: Edina Realty, Inc.

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Last updated on: 4/5/2025, 8:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with fence

$225,000

5636 40th Ave S

$2,672

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 14, 2005
Home Sold
$189,900

Tax history

YearAssessmentProperty Tax
2023$260,000$3,224
2022$249,000$3,097
2021$228,000$2,950
2020$227,500$2,847
2019$196,565$2,882
2018$171,495$2,602
2017$149,150$2,280

History based on county public records data.

Nearby schools

6

Northrop Community School

Public District KG-5

1.7 mi

4315 31st Ave S

10

Jie Ming Mandarin Immersion Academy

Public Magnet KG-5

1.8 mi

1845 Sheridan Ave

8

Horace Mann School

Public District KG-5

2.1 mi

2001 Eleanor Ave

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 $68,883. The most common annual income of people living in Minneapolis, MN is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

8%
<35k
71%
35k-100k
21%
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?

56%
Single, No Kids
9%
Single, with Kids
22%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
5%
12-17 yrs old
26%
18-34 yrs old
47%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • TennisTennis
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • IKEAIKEA
  • Crate & BarrelCrate & Barrel
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • QuiznosQuiznos
  • StarbucksStarbucks
  • Boston MarketBoston Market

What do the neighbors drive?

  • LexusLexus
  • BMWBMW
  • MercedesMercedes

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • NewsNews
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5636 40th Ave S

This home is located at 5636 40th Ave S in Minneapolis, MN and zip code 55417 in the Morris Park neighborhood. This 877 square foot home was built in 1923. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 24, 2025 and is currently priced at $225,000.

In March 2025, from all listings sold in Minneapolis, MN there were more than 364 sold above asking price, over 309 sold below and more than 165 were sold right at the asked price. Between February and March 2025, Minneapolis, MN real estate market has seen increase in the number of listings by 23.5%. In March 2025, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $353,912.

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

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