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Photo 1 of 41: Welcome to 5541 40th Avenue South!
Welcome to 5541 40th Avenue South!
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5541 40th Avenue S, Minneapolis, MN 55417

Hennepin County

Key Facts

3Beds
2Baths
1,979Sq Ft
1948Year Built
0.11Lot (acres)
2Garage
1Stories

Description

Located on an inviting street in south Minneapolis, this adorable home shines with both classic charm and modern touches. As you enter, the original, newly-refinished (2026) hardwood floors create a warm environment made for gatherings. Notice the updated windows letting in oodles of natural light. The dining area leads to a sliding door onto the lovely deck and lower paver patio — the perfect spot for dinners indoors or out, for entertaining friends and family, or enjoying your morning coffee bathed in sunlight. Kitchen highlights include attractive, modern cabinetry and slate tile flooring. Write your recipes directly on the high-end refrigerator (2025), as the shiny white doors serve as a reusable white board. In addition to two bedrooms on the main floor, you’ll find an updated, stylish bathroom (2023). Venture upstairs to find a third bedroom with a generous walk-in closet, modern cork plank flooring, and updated lighting. New attic insulation (2025) will help keep you cozy warm in winter and comfortably cool in the summer. Descend the basement steps to find a spacious family room with fresh carpet (2026) for movie or board game nights with friends. The flat screen TV and mount come with the home! The egress window also means this could one day be a fourth bedroom. Note the convenient, adjoining three-quarter bath. The large utility room includes plenty of storage. The surrounding yard provides a myriad of edible treats in the organically-grown and lovingly-maintained landscaping. Well-established native and flowering perennials in the front attract a variety of pollinators and colorful butterflies. Amidst the front, sides, and back, you’ll discover two plum and two cherry trees; and serviceberry, dwarf cherry, golden and red raspberry, and blueberry bushes! All produce lots of fruit for eating and preserving. Note the modern, two-car garage. It features a large 18’ by 12’ adjoining, insulated shop for the woodworker in you, or add a doggy door and use as an indoor/outdoor fenced dog kennel area. Morris Park is just across the street with lots of green space, and the neighborhood is perfect for a summer stroll. You’ll be a short drive to Highways 55 and 62, to quickly get anywhere in the Twin Cities for a speedy commute. Oxendale’s Market and Nokomis Hardware are a mile or less away, along with other nearby spots for dinner or treats — Crema Coffee + Creme (soft serve!), Dominguez Family Restaurant, and Bull's Horn Food and Drink. Don’t miss your chance to live in the rich warmth of this special home on a cute south Minneapolis street!

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

(SF) Single Family

Year Built

1948

Stories

1

Living Area

1,979 sq ft

Lot Size

0.11 acres

Lot Dimensions

40x128

Garage Spaces

2

Zoning

Residential-Single Family

MLS® Listing#

7028109

Property Features

Interior

Walk-In Closet(s)

Appliances

DishwasherDryerMicrowaveRangeRefrigeratorWasher

Cooling

Central Air

Heating

Forced Air

Flooring

HardwoodTile

Basement

Full

Pool

None

Laundry

In BasementLower Level

Patio

DeckPatio

Fencing

Chain LinkFull

Construction

Frame

Roof

AsphaltShingle

Other Structures

WorkshopGarage(s)Second Garage

Sewer

Public Sewer

Water Source

Public

Rooms

  • 10'4"x8'10"Main
  • 10'5"x9'4"Main
  • 10'5"x11'2"Upper
  • Dining Room9'x9'7"Main
  • Family Room27'10"x16'2"Basement
  • Kitchen8'10"x9'9"Main
  • Living Room15'2"x13'3"Main
  • Office18'4"x6'1"Upper

Financial Details

HOA

None

Annual Taxes

$4,466

Parcel Number

1902823120147

Directions

Highway 55 (Hiawatha) to E. 54th Street. WEST on E. 50th Street. Turn SOUTH onto 40th Avenue S. House is 2.5 blocks down on the left.

Affordability Calculator

$67,000

Estimated monthly payment

$1,783/mo

Principal $268,000 · Est. interest $373,884 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Minneapolis, MN

$342,607
Median Listing Price
96
Median Days on Market
1,587
Median Sq Ft
$215
Median Price / Sq Ft
3,122
Active Listings
  • This home’s price is 2% below the area median.
  • Its price per sq ft is 21% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Minneapolis, MN.

Location

Map showing the location of 5541 40th Avenue S, Minneapolis, MN 55417

Points of Interest in Minneapolis, MN

Showing the Minneapolis area map.

Nearby Schools

  • Hiawatha Leadership Academy

    Elementary · 0.1 mi away

  • Cva Pascal Middle & High School

    Secondary · 0.1 mi away

  • Morris Park Elementary School

    Elementary · 0.1 mi away

  • Keewaydin Elementary School

    Elementary · 0.8 mi away

  • Hennepin Middle School

    School · 0.9 mi away

  • Mandala Montessori

    Elementary · 1.0 mi away

  • Lake Nokomis Wenonah Elementary School

    Elementary · 1.2 mi away

  • Upper Mississippi Academy

    School · 1.2 mi away

  • Saint Helena Catholic School

    School · 1.5 mi away

  • Northrop Elementary School

    Elementary · 1.6 mi away

  • Hiawatha Elementary School

    Elementary · 1.6 mi away

  • Sunny Hollow Montessori School

    Elementary · 1.7 mi away

  • Highland Catholic School

    Secondary · 1.7 mi away

  • Minnehaha Academy

    School · 1.7 mi away

  • Homecroft Park

    School · 1.8 mi away

  • Horace Mann School

    Elementary · 1.9 mi away

  • Wellstone International High School

    Secondary · 2.0 mi away

  • Highland Village Montessori School

    Elementary · 2.0 mi away

  • Green Earth Childrens Academy

    School · 2.0 mi away

  • Roosevelt High School

    Secondary · 2.0 mi away

Commute Calculator

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Moving Cost Estimate

EXIT Agents in Minneapolis

Listing Courtesy: BRIX Real Estate - 6129272749

Presented by: Pete Tedrow

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than EXIT Realty are marked with the listing office name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by FargoMoorhead. MLS® Listing#7028109. © 2026EXIT Realty®. All rights reserved.