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5320 40th Avenue S, Minneapolis, MN 55417

$555,000

Captivating Enclosed Front Porch with Original Hardwood Flooring

Neutral Stone Counter Tops and Backsplash

Primary Bedroom with East Facing Windows

Secondary Bedroom with South Facing Windows

Double Deep and Double Long Walk-in Closet

Walking Trails, Bike Paths, Green Space and Fish and Chips @ Sea Salt!

The water...the reason we all live here!

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,475 Lot Size (sq. ft.): 5,227 Status: Closed

Current Price: $555,000 List Date: 6/13/2025 Last Modified: 7/12/2026

Overview

Description

Welcome to your ideal South Minneapolis DREAM HOME-just minutes from Minnehaha Falls and the lake scene! This beautifully updated 2-story offers 3 spacious bedrooms and 2 fully updated bathrooms with a detached 2 car garage in a convenient location! As you enter the home, you'll step into the kind of front porch that makes you want to slow down and stay for a while-a true extension of the home that blends comfort, charm and curb appeal. Framed by new oversized windows that let in the golden afternoon light, this porch feels like an everyday escape. A great additional flex space for a main floor office or just a space to unwind. The main level shines with natural hardwood floors, an updated kitchen with high end appliances, a great room with informal dining and a gas fireplace that makes it feel like home the moment you walk in. Upstairs, you'll appreciate the convenience of the laundry on the same level as two of the bedrooms, both with massive walk-in closets. On top of that, there i ... (Read more)

Listing Details MLS# 6737539

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: Yes
Waterfront YN: No
Year Built: 1925
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: Yes
Bath Three Quarters: Yes
Main Floor Total SqFt: 1650
Above Grd Total SqFt: 1650
Below Grd Total SqFt: 825
Total SqFt: 2475
Total Finished Sqft: 1650.00
FireplaceYN: Yes
Style: (SF) Single Family
Foundation Size: 825
Garage Stalls: 2
Lot Dimensions: 40x127
Acres: 0.12
Assessment Pending: Unknown
Bath Half: 0
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Deck; Exercise Room; Hardwood Floors; In-Ground Sprinkler; Natural Woodwork; Paneled Doors; Patio; Porch; Primary Bedroom Walk-In Closet; Tile Floors; Walk-In Closet Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Assumable Loan: Not Assumable Basement: Full Bath Description: Double Sink; Primary Walk-Thru; Main Floor Full Bath; Private Primary Construction Materials: Brick Construction Status: Previously Owned Dining Room Description: Breakfast Bar; Informal Dining Room; Living/Dining Room Electric: 150 Amp Service; Circuit Breakers Exterior: Vinyl Family Room Characteristics: Great Room; Main Level Fencing: Full; Wood Financing Terms: Conventional Fireplace Characteristics: Gas Burning; Living Room Foundation: Brick/Mortar Fuel: Electric Heating: Forced Air Laundry: Upper Level Lock Box Type: Combo Lot Description: Tree Coverage - Medium Parking Characteristics: Garage Door Opener Pool Description: None Road Frontage: City Street Roof: Age Over 8 Years Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Special Search: 2nd Floor Laundry; Main Floor Bedroom; Primary Bdr Suite Stories: Two Water: City Water/Connected

Contract Information

Off Market Date: 2025-06-27
Contingency: None
Closed Date: 2025-07-09
Original List Price: 529900
Sales Close Price: 555000
ListPrice: 529900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 5320
Street Name: 40th
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55417
Complex/Dev/Subdivision: Minnehaha

Assessments

Tax With Assessments: 5999
Assessment Balance: 0

Basement

Foundation Dimensions: 28x29
Full: Yes

More Information

Building Information

Finished SqFt Above Ground: 1650

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: Yes

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 23
Section#: 18
Township#: 28

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: LOT 004 BLOCK 006 MINNEHAHA FALLS 2ND ADDN TO MPLS S 40 FT
Listing City: Minneapolis
Map Page: 121
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 2226
Property ID Number: 1802823430118
Tax Year: 2025
Tax Amount: 5998.72
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Welcome to your ideal South Minneapolis DREAM HOME-just minutes from Minnehaha Falls and the lake scene! This beautifully updated 2-story offers 3 spacious bedrooms and 2 fully updated bathrooms with a detached 2 car garage in a convenient location! As you enter the home, you'll step into the kind of front porch that makes you want to slow down and stay for a while-a true extension of the home that blends comfort, charm and curb appeal. Framed by new oversized windows that let in the golden afternoon light, this porch feels like an everyday escape. A great additional flex space for a main floor office or just a space to unwind. The main level shines with natural hardwood floors, an updated kitchen with high end appliances, a great room with informal dining and a gas fireplace that makes it feel like home the moment you walk in. Upstairs, you'll appreciate the convenience of the laundry on the same level as two of the bedrooms, both with massive walk-in closets. On top of that, there is a SHOW STOPPING luxurious primary ensuite-built with quality craftsmanship and forward design. The exterior has been very well cared for top to bottom. The private yard has upscale landscaping including a full wooden privacy fence, and an oversized deck along with a patio space. The thoughtful landscape design includes additional garden space and easily maintained perennials. You'll find quality updates and tasteful design in every inch of this home.
Directions: Hiawatha to 54th St, West to 40th Ave S, North to Home.

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Deck: Yes
Exercise Room: Yes
Hardwood Floors: Yes
In-Ground Sprinkler: Yes
Natural Woodwork: Yes
Paneled Doors: Yes
Patio: Yes
Porch: Yes
Primary Bedroom Walk-In Closet: Yes
Tile Floors: Yes
Walk-In Closet: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Assumable Loan

Not Assumable: Yes

Bath Description

Double Sink: Yes
Primary Walk-Thru: Yes
Main Floor Full Bath: Yes
Private Primary: Yes

Construction Materials

Brick: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Breakfast Bar: Yes
Informal Dining Room: Yes
Living/Dining Room: Yes

Electric

150 Amp Service: Yes
Circuit Breakers: Yes

Exterior

Vinyl: Yes

Family Room Characteristics

Great Room: Yes
Main Level: Yes

Fencing

Full: Yes
Wood: Yes

Financing Terms

Conventional: Yes

Fireplace Characteristics

Gas Burning: Yes
Living Room: Yes

Foundation

Brick/Mortar: Yes

Fuel

Electric: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Laundry

Upper Level: Yes

Lock Box Type

Combo: Yes

Lot Description

Tree Coverage - Medium: Yes

Parking Characteristics

Garage Door Opener: Yes

Patio, Porch and Deck Features

Deck: Yes
Enclosed: Yes
Front Porch: Yes
Patio: Yes

Pool Description

None: Yes

Road Frontage

City Street: Yes

Roof

Age Over 8 Years: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Special Search

2nd Floor Laundry: Yes
Main Floor Bedroom: Yes
Primary Bdr Suite: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Room Information

Room Name	Dimensions	Level
Exercise Room	28x23	Lower
Deck	15x11	Main
Bathroom	10x13	Upper
Bathroom	8x5	Main
Third (3rd) Bedroom	22x14	Upper
Second (2nd) Bedroom	12x12	Upper
Laundry	9x6	Upper
First (1st) Bedroom	12x10	Main
Kitchen	13x10	Main
Great Room	20x13	Main
Porch	25x8	Main

Listing Office: Coldwell Banker Realty

Last Updated: July - 12 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.