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

$119,500

Trulia Estimate
  • 1 Bed
  • 1 Bath
  • 696 sqft

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

Bancroft
Est. Refi. Payment $810/mo*
Refinance Your Home

Home Value

Trulia Estimate
$120K
Since last month
Increased$5K (+3.9%)
Since last year
Decreased$22K (-15.3%)
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 decreased by -25% in the last 10 years
MonthEstimated value
2026
August 2026$120K
August 2026$119K
July 2026$115K
June 2026$118K
May 2026$122K
April 2026$141K
March 2026$120K
February 2026$145K
January 2026$141K
2025
2024
2023

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
4030 15th Ave S #7C, Minneapolis, MN
0.00
Single-Family Home
$125,000
03/16/26
2
1
789
4057 Elliot Ave, Minneapolis, MN
0.33
Single-Family Home
$220,000
04/14/26
1
1
720
4110 16th Ave S, Minneapolis, MN
0.17
Single-Family Home
$310,000
11/19/25
2
1
936
4200 13th Ave S, Minneapolis, MN
0.23
Single-Family Home
$265,000
12/03/25
2
1
772
3937 14th Ave S, Minneapolis, MN
0.11
Single-Family Home
$330,000
10/15/25
2
1
1,141
4405 15th Ave S, Minneapolis, MN
0.46
Single-Family Home
$225,000
02/13/26
1
1
776
3951 17th Ave S, Minneapolis, MN
0.25
Single-Family Home
$265,000
05/26/26
2
1
859
3933 17th Ave S, Minneapolis, MN
0.26
Single-Family Home
$255,000
12/29/25
2
1
825
4004 17th Ave S, Minneapolis, MN
0.20
Single-Family Home
$182,500
06/18/26
2
1
1,026
2850 Cedar Ave #208, Minneapolis, MN
0.47
Single-Family Home
$159,900
09/16/25
1
1
869

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
4014 15th Ave S #8B, Minneapolis, MN 55407
0.02
$106,400
1
1
671
Off Market
4014 15th Ave S #9B, Minneapolis, MN 55407
0.00
$79,000
1
1
639
Recently Sold
4030 15th Ave S #7C, Minneapolis, MN 55407
0.00
$125,000
2
1
789
Recently Sold
4030 15th Ave S #10C, Minneapolis, MN 55407
0.00
$79,900
1
1
642
Recently Sold
4010 15th Ave S #12D, Minneapolis, MN 55407
0.00
$114,900
2
1
789
For Sale
4017 14th Ave S #15E, Minneapolis, MN 55407
0.00
$95,600
1
1
642
Off Market
4029 14th Ave S #1G, Minneapolis, MN 55407
0.00
$114,500
2
1
773
For Sale
4029 14th Ave S #15G, Minneapolis, MN 55407
0.00
$95,000
1
1
674
For Sale
4040 15th Ave S #10H, Minneapolis, MN 55407
0.00
$112,500
1
1
642
Recently Sold
4040 15th Ave S #13H, Minneapolis, MN 55407
0.00
$128,400
2
1
770
Off Market
4040 15th Ave S #18H, Minneapolis, MN 55407
0.00
$120,800
2
1
789
Off Market
4040 15th Ave S #11H, Minneapolis, MN 55407
0.00
$100,400
1
1
671
Off Market

Local Information

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

Home Highlights

Single-Family Home
Built in 1965
696 sqft
$172/sqft

About this House

This is a Real Estate-Owned (REO)/post-foreclosure home owned by a bank. Offers significantly less than market value are often accepted.
1405 E 40th St #2F, Minneapolis, MN 55407 is a 1 bedroom, 1 bathroom, 696 sqft single-family home in Bancroft, built in 1965. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $119,500, with a rent estimate of $1,180/month.

Home Details for 1405 E 40th St #2F

Property Information

Year Built
Year Built: 1965
Property Type / Style
Property Type: Single Family Home

Price and Tax history

DateEventPrice
Nov 2, 2011
Source: Agent Provided
ListingRemoved
$44,900
Aug 31, 2011
Source: Agent Provided
Listed For Sale
$44,900
Jun 16, 2010
Source: Agent Provided
ListingRemoved
$86,900
Mar 12, 2010
Source: Agent Provided
PriceChange
$86,900
Price decreased by 3%
Jan 30, 2010
Source: Agent Provided
Listed For Sale
$89,900

Market trends in Minneapolis

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

Around this home

Neighborhood Overview

Bancroft
See Local Highlights
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"
    0
    Flag
  • 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"
    0
    Flag
  • 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."
    0
    Flag
  • 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."
    0
    Flag
  • Eric B.
    "Lots of friendly young families and older folks too. Everybody looking out for each other. Many ethnic restaurants close by."
    0
    Flag
  • 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."
    0
    Flag
  • EAmom25
    "Bancroft is the perfect south Minneapolis family neighborhood. A good mix of families and younger couples. Easy commute to the U or downtown. "
    1
    Flag
  • 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. "
    4
    Flag
  • Jcs2swan
    "Stores and restaurants are within walking distance. We can walk the streets and there are parks close by. "
    1
    Flag
  • 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."
    2
    Flag
  • 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."
    1
    Flag

LGBTQ Local Legal Protections

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

  • What is 1405 E 40th St #2F estimated to be worth?
    Trulia's estimated value for 1405 E 40th St #2F in Minneapolis, MN is $119,500.
  • 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.
  • What do residents say about the Bancroft neighborhood?
    Residents describe the Bancroft neighborhood in Minneapolis, MN as pedestrian-friendly, dog-friendly, and easy to park in. See recently sold homes in Bancroft, Minneapolis.

Explore by feature - Pet Friendly

768 pet-friendly rentals in Minneapolis, MN

Explore by feature - Garage

405 rentals with a garage in Minneapolis, MN

Explore by feature - Air Conditioning

894 rentals with air conditioning in Minneapolis, MN

Explore by feature - Pool

102 rentals with a pool in Minneapolis, MN

Explore by feature - Washer/dryer

787 rentals with a washer/dryer in Minneapolis, MN

Explore by feature - Outdoor Space

96 rentals with an outdoor space in Minneapolis, MN

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 1405 E 40th St #2F

Skip to last item
Skip to first item

Homes for sale near 1405 E 40th St #2F

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item