new - 4 days on rocket

3509 40th Ave S, Minneapolis, MN, 55406

$329,900

Home List Price

$3,918*

Closing Credit

3 Bedrooms
1 Full Bath
1,453 SqFt
$227/SqFt
House

Location

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3509 40th Ave S, Minneapolis$329,900

Buyer Closing Credits

$3,918*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage2 spaces
Year Built1906
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6630716
StatusActive

About 3509 40th Ave S

This timeless home boasts classic turn of the century details such as original deep baseboards, wide trim, and high ceilings that add warmth and character throughout the living spaces. There is a generous, sun-filled living room perfect for relaxing or entertaining. Adjacent to the kitchen, the large dining room offers space for gatherings with charming vintage touches that create a welcoming atmosphere. The owners have added many recent updates to this home. These include a new roof, new windows, new carpet and paint in 2024. There is a newer furnace and central air, new light fixtures and more. One of the standout features of this property is its rare nearly double lot, providing endless opportunities for outdoor living—whether it's gardening, entertaining, or future expansion. The spacious detached garage and additional off-street parking add convenience, and the extra lot space gives you room for hobbies or play. Situated in the sought-after Howe neighborhood, you’ll enjoy easy access to local parks, schools, shopping, coffee shops, and dining options. You’re close to the river trails, Minnehaha Falls, light rail, public transit, the U of M, and both downtowns! Whether you’re looking for a family home, a place to entertain, or a space to cultivate your own personal retreat, this property is ready to welcome you.

Property Details

Property Features

Property Information:

  • Year Built: 1906
  • Living Area: 1,453 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 42nd Ave S to 35th St, west to 40th Ave S, south to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $329,900
  • Price Per SqFt: $227/SqFt

Tax Information:

  • Annual Amount: $3,891
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

3509 40th Ave S vs Minneapolis

4 DAYS ON ROCKET

-30 Days

$329,900

-$19.9K Less

$227/SqFt

+$25 More

KEY TAKEAWAY

This property is $19.9K less than the Median Sold Price and $25/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6630716

Listing Office:

  • Office Name: RE/MAX Results

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Last updated on: 11/17/2024, 11:52:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,891$263,000
2019$4,194$249,430
2018$3,751$249,430
2017$3,382$223,270

History based on county public records data.

Payment Calculator

$1,714

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,056

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-611336
6
/10

  • Hiawatha Community School - Howe Campus

  • 3733 43rd Ave S

  • 0.37 miles

  • Public District Grades 3-5

school-card-donut-611337
4
/10

  • Michael Dowling Elementary School

  • 3900 W River Pkwy

  • 0.74 miles

  • Public Magnet Grades KG-5

school-card-donut-611338
1
/10

  • Anishinabe Academy

  • 3100 E 28th St

  • 1.05 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,286. Residents of Minneapolis, MN typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3509 40th Ave S

What is the listing price of this property?

The listing price of 3509 40th Ave S property is $329,900.

What type of property is this?

The property 3509 40th Ave S is a house located in Minneapolis, Minnesota, 55406.

Is this property for sale now?

Active Listing: 3509 40th Ave S is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,891 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3509 40th Ave S has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3509 40th Ave S is 1,453 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3509 40th Ave S is 1906.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55406›3509 40th Ave S

This home is located at 3509 40th Ave S in Minneapolis, MN and zip code 55406 in the Howe neighborhood. This 1,453 square foot home was built in 1906. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $329,900.

While more than 356 listings in Minneapolis, MN in October 2024 were sold above asking price, there were more than 223 listings sold at asking price, and more than 399 were sold below. The number of listings in Minneapolis, MN increased by 9.3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $349,843, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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