1405 40th St E #5F, Minneapolis, MN 55407
SOLD
OCT 7, 2025

1405 40th St E #5F
Minneapolis, MN 55407

Bancroft
  • 1 Bed
  • 1 Bath
  • 659 sqft

$73,000

Last Sold: Oct 7, 2025
$111/sqft
Est. Refi. Payment $511/mo*

$73,000

Last Sold: Oct 7, 2025
$111/sqft
Est. Refi. Payment $511/mo*
1 Bed
1 Bath
659 sqft

Local Information

  • Map ViewExplore the area around 1405 40th St E #5F.
  • Schools2 Preschool Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

This condo is located at 1405 40th St E #5F, Minneapolis, MN. 1405 40th St E #5F is in the Bancroft neighborhood in Minneapolis, MN and in ZIP code 55407. This property has 1 bedroom, 1 bathroom and approximately 659 sqft of floor space. The last sold price per dimension was $111/sqft. This property has a lot size of 3.65 acres and was built in 1965.
1405 40th St E #5F, Minneapolis, MN 55407 is a 1 bedroom, 1 bathroom, 659 sqft condo in Bancroft, built in 1965. It last sold for $73,000 on Oct 7, 2025. It is currently off market. The Trulia Estimate is $104,900, with a rent estimate of $1,213/month.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$111/sqft
Listed
Less than a day ago

Home Details for 1405 40th St E #5F

Interior Features

Heating & Cooling
Heating: Other, OtherHeating Fuel: Other
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

Price & Status

Price
Price Per Sqft: $111/sqft

Community

Units in Building: 1

Lot Information

Lot Area: 3.65 acres

Price History for 1405 40th St E #5F

DatePriceEventSource
10/07/2025$73,000Sold
N/A
07/10/2025$71,784Sold
N/A
10/29/2004$88,500Sold
N/A
03/23/2000$35,000Sold
N/A

Market trends in Minneapolis

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$345K
$16.67K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$208
$1
MoM
Available listings
1530
4
MoM
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Property Tax and Assessment

Year2025
Tax$1,482
Assessment$100,000
Home facts updated by county records

Comparable Sales for 1405 40th St E #5F

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
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
0.00
Condo
$98,900
08/07/25
1
1
642
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
0.00
Condo
$98,900
07/22/25
1
1
706
0.69
Condo
$80,000
11/24/25
1
1
750

Nearby homes

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Assigned Schools

These are the assigned schools for 1405 40th St E #5F.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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."

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Off Market Homes Near 1405 40th St E #5F

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