1405 40th St E #2F, Minneapolis, MN 55407
OFF MARKET

$111,300

Trulia Estimate
  • 1 Bed
  • 1 Bath
  • 696 sqft

1405 40th St E #2F, Minneapolis, MN 55407

Bancroft
Currently Off Market - Sold Oct 28, 2011 for $47,000

Home Value

Trulia Estimate
$111K
Since last month
Decreased$800 (-0.7%)
Since last year
Decreased$11K (-9%)
Since last sale
Increased$64K (+136.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +30% in the last 10 years
MonthEstimated value
2026
August 2026$111K
July 2026$112K
June 2026$113K
May 2026$114K
April 2026$113K
March 2026$113K
February 2026$115K
January 2026$115K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.00
Condo
$73,000
10/07/25
1
1
659
0.01
Condo
$73,000
10/02/25
1
1
671
0.00
Condo
$70,000
04/27/26
1
1
625
0.01
Condo
$70,000
04/27/26
1
1
625
0.01
Condo
$79,900
08/10/26
1
1
642
0.01
Condo
$89,900
07/29/26
1
1
659
0.01
Condo
$112,500
01/26/26
1
1
642
0.02
Condo
$108,900
04/29/26
2
1
789
0.01
Condo
$79,000
07/10/26
1
1
639
0.69
Condo
$80,000
11/24/25
1
1
750

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.03
$106,400
1
1
671
Off Market
0.00
$79,000
1
1
639
Recently Sold
0.00
$125,000
2
1
789
Recently Sold
0.00
$79,900
1
1
642
Recently Sold
0.00
$119,900
2
1
789
For Sale
0.00
$95,900
1
1
642
Off Market
0.00
$114,500
2
1
773
For Sale
0.00
$95,000
1
1
674
For Sale
0.00
$112,500
1
1
642
Recently Sold
0.00
$129,200
2
1
770
Off Market
0.00
$120,600
2
1
789
Off Market
0.00
$101,000
1
1
671
Off Market

Local Information

  • Map ViewExplore the area around 1405 40th St E #2F.
  • Schools2 Preschool Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Condo
Year Built
1965
Living Area
696 sqft
Price/Sqft
$160
Parking
Garage

About this House

Updates Galore in this Generous Sized One Bedroom Complete with Underground Parking Space, Storage Unit & Additional Off Street spaces Available. Don't Forget the Pool. Patio & Court Yard Area All in a Fantastic Location @ A Great Price!! Show Today!!
1405 40th St E #2F, Minneapolis, MN 55407 is a 1 bedroom, 1 bathroom, 696 sqft condo in Bancroft, built in 1965. It last sold for $47,000 on Oct 28, 2011. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $111,300, with a rent estimate of $1,186/month.

Home Details for 1405 40th St E #2F

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 3

Exterior Features

Exterior Home Features
Roof: Built UpExterior: Wood
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1965
Property Type / Style
Property Type: Condo

Community

Units in Building: 1

Lot Information

Lot Area: 3.65 acres

Price and Tax history

DateEventPrice
Oct 28, 2011
Source: N/A
Sold
$47,000
Sep 1, 2011
Source: Agent Provided
Listed For Sale
$44,900

Market trends in Minneapolis

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$345K
$33
MoM
Sale-to-List Price
100.0%
Price per sq ft
$203
$5
MoM
Available listings
1461
73
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Bancroft

At least 32 Trulia users voted on each feature.
  • 94 % Say there are sidewalks

  • 90 % Say it's dog friendly

  • 90 % Say parking is easy

  • 86 % Say yards are well-kept

  • 77 % Say it's walkable to restaurants

  • 77 % Say car is needed

  • 77 % Say kids play outside

  • 76 % Say streets are well-lit

  • 75 % Say there's holiday spirit

  • 69 % Say neighbors are friendly

  • 67 % Say people would walk alone at night

  • 58 % Say there are community events

  • 57 % Say they plan to stay for at least 5 years

  • 55 % Say it's walkable to grocery stores

  • 46 % Say there's wildlife

  • 40 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.
  • Idgafbta1
    "Not much dog parks But their are streets and often during summer people do other things and dont walk their dogs"
  • Eric B.
    "There is Bancroft elementary with a great playground, powder horn park has tons of space to run around, midtown global market has cultural immersion sessions it’s amazing"
  • Eric B.
    "There are multiple parks to choose from all walking distance to each other. It must be decent because I see many people daily walking dogs."
  • Eric B.
    "I ride bike to down town, it’s an easy straight shot up park or I can take other routes too. Driving is easy too, a couple street lights to get through and no highways to deal with."
  • Eric B.
    "Lots of friendly young families and older folks too. Everybody looking out for each other. Many ethnic restaurants close by."
  • Alanna G.
    "I don’t have a commute- but getting around this area is super easy. Minneapolis in general has minimal traffic for a city."
  • EAmom25
    "Bancroft is the perfect south Minneapolis family neighborhood. A good mix of families and younger couples. Easy commute to the U or downtown. "
  • Ashley H.
    "Bancroft is a diverse neighborhood and everyone is very friendly. I know many people on my block and our location is convenient to coffee shops, the coop, and good local restaurants. "
  • Jcs2swan
    "Stores and restaurants are within walking distance. We can walk the streets and there are parks close by. "
  • Mazimmerman27
    "Close to Powderhorn Park, which is fun all year and has the Mayday Parade and Festival and a fun art Sale every year as well as many other activities. Bancroft Elementary is a good school and there is a Spanish immersion high school as well. Many bus routes and easy access to both 35W and I 94."
  • lolson
    "I love this neighborhood. Fast commute to downtown and close to park and lakes. Lovely place to walk and workout. Excellent spot for families."

LGBTQ Local Legal Protections

Frequently asked questions about 1405 40th St E #2F

  • What is 1405 40th St E #2F estimated to be worth?
    Trulia's estimated value for 1405 40th St E #2F in Minneapolis, MN is $111,300.
  • What is the price history for 1405 40th St E #2F?
    1405 40th St E #2F in Minneapolis, MN last sold for $47,000 in October 2011.
  • Is Minneapolis a buyer's or seller's market?
    Minneapolis is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Minneapolis?
    The median sale price in Minneapolis is $345K. That is up $33 from the prior month.

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