$429,000
5501 40th Avenue S Minneapolis, MN 55417
For Sale MLS# 7068225
4 beds 2 baths 1,672 sq ft Single Family
Details for 5501 40th Avenue S
MLS# 7068225
Description for 5501 40th Avenue S, Minneapolis, MN, 55417
Welcome to this charming 4-bedroom, 2-bathroom home in the highly sought-after Morris Park neighborhood of South Minneapolis! Situated on a spacious corner lot directly across from Morris Park, this home offers an unbeatable location with easy access to a playground, wading pool, skate park, soccer and softball fields, picnic areas, and a recreation center. Inside, you'll find inviting living spaces designed for both everyday living and entertaining. Recent improvements include beautifully updated upstairs bedrooms, a newly remodeled lower-level bathroom, and a roof that is just one year old, providing peace of mind for years to come. With four bedrooms and flexible living spaces throughout, there's room for everyone. Step outside to your private backyard retreat featuring a custom wood fence and fully fenced yard—perfect for pets, play, and outdoor gatherings. The included hot tub creates the perfect place to relax and unwind year-round. An oversized two-car garage offers plenty of storage and convenience. Located just minutes from Minnehaha Falls, the Minneapolis VA Health Care System, and Minneapolis–Saint Paul International Airport, this home combines neighborhood charm with exceptional accessibility. With thoughtful updates, fantastic amenities, and a location that's hard to beat, this Morris Park gem is ready to welcome you home!
Listing Information
Property Type: Residential, Single Family
Status: Active
Bedrooms: 4
Bathrooms: 2
Lot Size: 0.12 Acres
Square Feet: 1,672 sq ft
Year Built: 1947
Foundation: 757 sq ft
Garage: Yes
Stories: 1.5 Stories
Subdivision: Morris Park 2nd Add
County: Hennepin
Days On Market: 10
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Room Information
Main Floor
Bedroom 1: 16 x 15
Bedroom 2: 16 x 14
Dining Room: 13 x 11
Kitchen: 11 x 9
Living Room: 21 x 17
Upper Floor
Bedroom 3: 15 x 12
Bedroom 4: 10 x 9
Lower Floor
Bar/Wet Bar Room: 10 x 7
Laundry: 13 x 13
Recreation Room: 22 x 19
Bathrooms
Full Baths: 1
3/4 Baths: 1
Additonal Room Information
Dining: Kitchen/Dining Room
Laundry: In Basement, Laundry Room
Bath Description: 3/4 Basement,Main Floor Full Bath
Interior Features
Square Footage above: 1,212 sq ft
Square Footage below: 460 sq ft
Appliances: Range, Refrigerator, Microwave, Washer, Dryer, Dishwasher
Basement: Finished (Livable), Partial Finished
Fireplaces: 1, Living Room
Additional Interior Features: Ceiling Fan(s), Kitchen Window, Vaulted Ceiling(s), Renovated
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Cooling: Central
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Garage Spaces: 2
Parking Description: Driveway - Concrete, Detached Garage, Garage Sq Ft - 520.0
Exterior: Vinyl
Roof: Age 8 Years or Less
Lot Dimensions: 128x40
Zoning: Residential-Single Family
Fencing: Full, Wood
Additional Exterior/Lot Features: Hot Tub, Corner Lot
Driving Directions
East 54th St to 40th Ave. Go South to home.
Financial Considerations
Tax/Property ID: 1902823120157
Tax Amount: 5726
Tax Year: 2026
HomeStead Description: Non-Homesteaded
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 5501 40th Avenue S
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 5501 40th Avenue S
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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