5321 40th Ave
Minneapolis, MN 55417
5 bd 3 ba 1,910 sqft Built 1924 Lot 5,227 sqft single_family
Most recent sale
$399,559
Jun 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 3, 2026 | Sold | $525,000 | Public Record |
| Feb 24, 2026 | Sold | $525,000 | NorthstarMLS |
| Feb 18, 2026 | Relisted | $534,900 | NorthstarMLS |
| Dec 27, 2025 | Price changed | $534,900 | NorthstarMLS |
| Dec 26, 2025 | Listed | $634,900 | NorthstarMLS |
| Sep 6, 2025 | Price changed | $539,900 | NorthstarMLS |
| Aug 18, 2025 | Relisted | $565,000 | NorthstarMLS |
| Aug 14, 2025 | Sold | $550,000 | Public Record |
| Aug 9, 2025 | Listed | $565,000 | NorthstarMLS |
| Jun 28, 2024 | Sold | $550,000 | Public Record |
| May 15, 2024 | Sold | $550,000 | NorthstarMLS |
| Jun 22, 2022 | Sold | $399,559 | Public Record |
| Jun 16, 2022 | Sold | $407,500 | MLS #6183165 |
| May 6, 2022 | Price changed | $415,000 | MLS #6183165 |
| Apr 21, 2022 | Listed | $449,900 | MLS #6183165 |
| Apr 12, 2022 | Price changed | $479,900 | MLS #6166279 |
| Mar 30, 2022 | Listed | $500,000 | MLS #6166279 |
| Aug 31, 2021 | Sold | $236,000 | MLS #6029745 |
| Jul 26, 2021 | Listed | $199,900 | MLS #6029745 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $273,000 | $131,000 | $404,000 | $7,343 |
| 2024 | $240,000 | $131,000 | $371,000 | $5,116 |
| 2023 | $158,000 | $99,000 | $257,000 | $3,377 |
| 2022 | — | — | $220,000 | $3,134 |
| 2021 | — | — | $177,490 | $2,104 |
| 2020 | — | — | $177,490 | $2,278 |
| 2019 | — | — | $177,490 | $2,351 |
| 2018 | — | — | $163,320 | $2,150 |
| 2017 | — | — | $163,320 | $2,132 |
| 2016 | — | — | $139,340 | $1,824 |
| 2015 | — | — | $139,340 | $1,915 |
| 2014 | — | — | $131,165 | $1,905 |
| 2013 | — | — | $121,355 | $1,737 |
| 2012 | — | — | $135,525 | $1,939 |
| 2011 | $117,300 | $52,700 | $170,000 | $2,156 |
| 2010 | $117,300 | $52,700 | $170,000 | $1,857 |
| 2009 | $121,600 | $52,700 | $174,300 | $1,949 |
| 2008 | $141,200 | $51,100 | $192,300 | $2,110 |
| 2007 | $133,200 | $34,100 | $167,300 | $1,810 |
Property facts
Year built
1924
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
1,910 sqft
Lot size
5,227 sqft
ZIP code
55417
City
Minneapolis
Street
40th Ave
Coordinates
44.90645, -93.21487
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,865
Gross rental yield
8.60%
Implied cap rate
5.59%
Trend-extrapolated value
—
Frequently asked questions
When did 5321 40th Ave last sell?
5321 40th Ave most recently sold on Jun 22, 2022 for $399,559.
What is the current tax assessment for 5321 40th Ave?
The most recent total assessment for 5321 40th Ave (year 2025) is $404,000 with $7,343 in property tax.
How does 5321 40th Ave's assessment compare to its last sale price?
The current assessment is 1.1% above the last sale price of $399,559.
When was 5321 40th Ave built?
5321 40th Ave was built in 1924.
How does 5321 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 5321 40th Ave?
5321 40th Ave is a 5 bed, 3 bath, 1,910 sqft, 5,227 sqft lot single_family.
Is 5321 40th Ave a flip candidate?
Yes — 5321 40th Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5321 40th Ave a tax-appeal candidate?
No — 5321 40th Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.7%
Implied 1-yr
+10.9%
2026 Q3
$468.1K
2026 Q4
$478.9K
ZIP 55417 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 40th Ave