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5301 40th Ave

Minneapolis, MN 55417

3 bd 2 ba 1,289 sqft Built 1946 Lot 7,841 sqft single_family
Most recent sale
$354,900
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $354,900 MLS #6244254
Aug 4, 2022 Listed $354,900 MLS #6244254
Jul 10, 2020 Sold $323,800 MLS #5560867
Jun 1, 2020 Relisted $315,000 MLS #5560867
May 8, 2020 Listed $315,000 MLS #5560867
Jun 22, 1994 Sold $89,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $199,290 $3,147
2019 $168,700 $48,300 $217,000 $3,084
2018 $158,200 $48,300 $206,500 $3,079
2017 $150,200 $48,300 $198,500 $2,796
2016 $179,125 $2,494
2015 $154,055 $2,617
2014 $154,055 $2,637
2013 $144,790 $2,482
2012 $135,525 $2,543
2011 $142,610 $3,283
2010 $139,100 $68,900 $208,000 $2,847
2009 $139,200 $68,900 $208,100 $2,881
2008 $139,200 $68,900 $208,100 $2,801
2007 $170,900 $52,700 $223,600 $2,859

Property facts

Year built
1946
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,289 sqft
Lot size
7,841 sqft
ZIP code
55417
City
Minneapolis
Street
40th Ave
Coordinates
44.90703, -93.21486

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,934
Gross rental yield
6.54%
Implied cap rate
4.25%
Trend-extrapolated value

Frequently asked questions

When did 5301 40th Ave last sell?
5301 40th Ave most recently sold on Sep 30, 2022 for $354,900.
What is the current tax assessment for 5301 40th Ave?
The most recent total assessment for 5301 40th Ave (year 2020) is $199,290 with $3,147 in property tax.
How does 5301 40th Ave's assessment compare to its last sale price?
The current assessment is 43.8% below the last sale price of $354,900.
When was 5301 40th Ave built?
5301 40th Ave was built in 1946.
How does 5301 40th Ave compare to others on 40th Ave?
We track 8 other properties on 40th Ave. Browse the list under "Other properties on 40th Ave" to compare beds, baths, and sale history.
What are the property facts for 5301 40th Ave?
5301 40th Ave is a 3 bed, 2 bath, 1,289 sqft, 7,841 sqft lot single_family.
Is 5301 40th Ave a flip candidate?
No — 5301 40th Ave does not appear in our flips dataset.
Is 5301 40th Ave a tax-appeal candidate?
No — 5301 40th Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.7%
Implied 1-yr
+10.9%
2026 Q3
$468.1K
2026 Q4
$478.9K
ZIP 55417 — Median Price History + Forecast

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