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!
Closed
$220,000
5131 40th Ave S, Minneapolis, MN 55417
2beds
984sqft
(TH) Side x Side
Built in 1982
740.52 Square Feet Lot
$222,100 Zestimate®
$224/sqft
$1,554 Estimated rent
Home value
$222,100
$204,000 - $242,000
$1,554/mo
Zestimate® history
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$1,554/mo
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$1,564/mo
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: April 01, 2026 at 11:19pm
Listed by:
Paul L St Andrew 612-251-9343,
RE/MAX Results
Bought with:
Carol J Clark
Lakes Sotheby's International Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6650599
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Area: 158.57 Square Feet
- Dimensions: 15.7x10.10
Bedroom 2
- Area: 161.84 Square Feet
- Dimensions: 13.6x11.9
Foyer
- Area: 113.85 Square Feet
- Dimensions: 16.5x6.9
Kitchen
- Level: Main
- Area: 87.15 Square Feet
- Dimensions: 10.5x8.3
Laundry
- Area: 25.11 Square Feet
- Dimensions: 8.10x3.1
Living room
- Level: Main
- Area: 293.94 Square Feet
- Dimensions: 20.7x14.2
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Range, Refrigerator, Washer
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 984
- Total interior livable area: 984 sqft
- Finished area above ground: 984
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached Garage, Asphalt, Garage Door Opener, Guest
- Garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 740.52 sqft
- Dimensions: 32 x 25
Details
- Foundation area: 468
- Parcel number: 1802823420248
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Townhouse
- Property subtype: (TH) Side x Side
- Attached to another structure: Yes
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1982
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Minneapolis
- Subdivision: Minnehaha Square Twnhs
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $419 monthly
- Services included: Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Sanitation, Snow Removal
- Association name: Sharper Management, LLC
- Association phone: 952-224-4776
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2025 | Sold | $220,000-2.2%$224/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6650599 Report a problem | ||
| 3/17/2025 | Pending sale | $224,900$229/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6650599 Report a problem | ||
| 2/21/2025 | Price change | $224,900-6.3%$229/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6650599 Report a problem | ||
| 1/30/2025 | Listed for sale | $239,900+306.5%$244/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6650599 Report a problem | ||
| 12/5/1996 | Sold | $59,020$60/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,669 +3.9% | $212,900 +7% |
| 2024 | $2,569 +3.3% | $199,000 -3.4% |
| 2023 | $2,487 +12.2% | $206,000 |
Find assessor info on the county website
Neighborhood: Minnehaha
Nearby schools
GreatSchools rating
- NALk Nokomis Community-Keewaydin CampusGrades: 3-8Distance: 0.7 mi
- NARoosevelt High School - SwsGrades: 9-12Distance: 1.5 mi
- NALk Nokomis Community-Wenonah CampusGrades: K-1Distance: 1.3 mi
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Estimated market value
$222,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$222,100
- Minnesota
- Hennepin County
- Minneapolis
- 55417
- Minnehaha
- 5131 40th Ave S