Date
Details
Price
Change
Source
9/04/2026
Listed
$294,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$294,900 Just Listed
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Property Description
Meticulously kept and full of charm, this home is nestled in the highly sought after Minnehaha neighborhood. Pride of ownership shines throughout, beginning with beautiful hardwood floors that flow through the living room, dining room, and main floor bedroom. Updated essentials including the roof, vinyl windows, furnace, and AC, that provide peace of mind for years to come. Natural woodwork adds warmth and timeless character, giving the home classic appeal. The kitchen is generously sized and functions perfectly as it stands, with plenty of opportunity to expand cabinets and counters if you've been dreaming of a custom chef's kitchen. The upper level is a standout feature, not the typical narrow space, but a large, open area that can serve as a spacious primary bedroom or a second living room. With ample square footage, adding another bathroom is easily within reach. The basement offers a flexible room ready to suit your needs. Set up a home office to skip the commute, or build out a personal gym and forget waiting for equipment at the YMCA. The possibilities are wide open. With a great location, thoughtful updates, and room to grow, this lovingly cared for home is a rare find. Don't miss your chance to make it yours.
Full Property Details
Full Property Details for 5226 40th Ave S
General
- Price: $294,900
- Taxes: $4,690 (2026)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7136786
- Updated: 9/4/2026
- Added to Site: 3 day(s) ago
Interior
- Appliances: Dryer, Humidifier, Range, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Eat-in kitchen: Yes
- Dining Room: Eat-In Kitchen, Informal Dining Room, Living/Dining Room
- Formal Dining Room: Eat In Kitchen, Informal Dining Room, Living/Dining Room
Additional Information
- Amenities: Hardwood Floors, Kitchen Window
Exterior
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Garage Description: 19 x 10
- Garage Spaces: 1
- Parking Features: Detached Garage
Location
- County: Hennepin
- Township: Minneapolis
- Subdivision: Minnehaha Falls 2nd Addn
- Neighborhood: 55
- Driving Directions: Hiawatha to 50th. West to 40th. South to home.
School Information
- School District: 1 - Minneapolis
- High School District: Minneapolis
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Exterior Const.: Block, Frame
- Basement: Yes
- Finished basement: Yes
- Basement Desc.: Block, Full, Partially Finished
- Foundation Size: 720
- Roof: Asphalt, Pitched
- Disability Access: None
- Square Feet: 1,360
- Above Ground: 1,000 Sq. Ft.
- Below Ground: 720 Sq. Ft.
- Finished Down/Base.: 1,720 Sq. Ft.
- Year Built: 1937
Lot Features
- Lot Size (Acres): 0.12
- Lot Dimensions: 128 x 40
- Frontage: City Street
- Zoning: Residential-Single Family
- Lot Description: Medium Tree Coverage
- Fencing (Description): Chain Link, Full, Wire, Wood
Financial Considerations
- Tax Amount: $4,690
- Tax Year: 2026
- Terms: Conventional, VA, FHA, Cash
Disclosures and Reports
- Legal Description: Bik 003 Minnehaha Falls 2nd Addn to MPC 5520 ft of lot 5 and N 20ft os Lot 6, Lot 5 and ^
- Property ID: 1802823430043
Listed by RE/MAX Advantage Plus
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Schools
Schools serving 5226 40th Ave S
School District:Minneapolis Public School District
| Name | Grades | Distance |
|---|---|---|
Lk Nokomis Community-Keewaydin Campus 5209 30th Avenue South, Minneapolis, MN 55417 | 2-5 | 0.7 mi |
Lk Nokomis Community-Wenonah Campus 5625 23rd Avenue South, Minneapolis, MN 55417 | K-1 | 1.2 mi |
Sanford Middle School 3524 42nd Avenue South, Minneapolis, MN 55406 | 6-8 | 2.1 mi |
Roosevelt High School - Sws 4029 South 28th Avenue, Minneapolis, MN 55406 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5226 40th Ave S
Tax History
Tax History for 5226 40th Ave S
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,956
7%
$320,200
3%
2025
$4,621
6%
$310,000
-3%
2023
$4,340
18%
$319,000
10%
2023
$3,680
—
$290,000
7%
2023
$3,680
18%
$272,000
28%
2020
$3,117
3%
$212,915
6%
2019
$3,037
14%
$200,925
15%
2018
$2,669
-3%
$175,310
—
2017
$2,738
11%
$175,310
15%
2016
$2,477
-5%
$152,965
—
2015
$2,599
-1%
$152,965
6%
2014
$2,618
8%
$143,700
8%
2013
$2,434
—
$132,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5226 40th Ave S
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5226 40th Avenue S, Minneapolis, MN 55417 (MLS# 7136786) is a Single Family property with 2 bedrooms and 1 full bathroom. 5226 40th Avenue S is currently listed for $294,900 and was received on September 01, 2026. Want to learn more about 5226 40th Avenue S? Do you have questions about finding other Single Family real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.