1405 E  40th St #6F, Minneapolis, MN 55407
Property image
Property image
OFF MARKET
  • 2 Beds
  • 1 Bath
  • 790 sqft

1405 E 40th St #6F, Minneapolis, MN 55407

Bancroft

Home Highlights

Apartment
790 sqft

Local Information

  • Map ViewExplore the area around 1405 E 40th St #6F.
  • Schools2 Preschool Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Welcome to this spacious garden-level unit in the northwest corner of Bush Terrace Condominiums, featuring a beautiful interior garden and outdoor pool.

The unit offers two (2) large bedrooms the primary bedroom has two closets! The unit offers two large bedrooms, including a primary bedroom with two closets. The open kitchen features Dekton countertops, a dishwasher, microwave, and garbage disposal, plus an island that provides a natural separation from the spacious dining room. Additional storage includes an entryway closet and a closet in the dining room. New flooring, doors, and paint.

Included are three (3) parking spaces, storage locker, shared coin-op laundry, and access to pool. Tenant only pays electricity & internet/TV (heat included in rent). Wall A/C. Cats allowed, no dogs.

A great combination of generous living space, convenient amenities, and ample parking in a well-maintained condominium community.

Tenant only pays electricity, internet, & TV. Heating, three (3) parking spaces (uncovered, surface lot), and storage locker are included in HOA dues paid by owner.

Coin-op shared laundry in building and pool! Cats allowed, no dogs. No smoking allowed.

Dishwasher, microwave, garbage disposal, electric range, and refrigerator included.

Security Deposit is one month's rent and due at lease signing. 12-month lease preferred.
1405 E 40th St #6F, Minneapolis, MN 55407 is a 2 bedroom, 1 bathroom, 790 sqft apartment in Bancroft. It last sold for $120,000 on May 6, 2021 (7,900% above the $1,500 asking price). More recently, it was listed as a rental in August 2026 with an asking price of $1,500 per month. That rental listing was removed on September 14, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,445/month.

Home Details for 1405 E 40th St #6F

Interior Features

Heating & Cooling
Heating: BaseboardAir ConditioningCooling System: Air Conditioner, Wall UnitHeating Fuel: Baseboard
Appliances & Utilities
DishwasherRefrigerator
Levels, Entrance, & Accessibility
Floors: Tile

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Exterior Home Features
Garden
Pool
Pool
Parking & Garage
Parking: Off Street Parking, On Site

Additional Information

Pool

Comparable Sales for 1405 E 40th St #6F

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.61
Apartment
$1,071,000
07/10/26
1
1
920 sqft
1.28
Apartment
$424,000
10/09/25
2
1
1,500 sqft
1.73
Apartment
$177,500
04/21/26
2
1
780 sqft
1.88
Apartment
$90,000
06/03/26
1
1
750 sqft
1.98
Apartment
$180,000
02/24/26
2
1
1,300 sqft
2.09
Apartment
$190,000
04/27/26
2
1
900 sqft
1.25
Apartment
$3,048,500
01/08/26
1
1
7,000 sqft
2.63
Apartment
$120,000
07/10/26
2
1
832 sqft
2.14
Apartment
$747,500
05/22/26
2
1
550 sqft
2.60
Apartment
$185,000
05/04/26
2
1
750 sqft
Home facts updated by county records

Nearby homes

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Rental Market Trends in Bancroft

Last updated Sep 2026
Trulia Rent Estimate$1,445/mo
Average rent
$2.27K
$419
MoM
Available listings
6
View rental market trends in Minneapolis, MN

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

Price and Tax history

DateEventPrice
Sep 14, 2026
Source: Zillow Rentals
ListingRemoved
$1,500
Aug 31, 2026
Source: Zillow Rentals
PriceChange
$1,500
Price increased by 3%
Aug 28, 2026
Source: Zillow Rentals
PriceChange
$1,450
Price decreased by 3%
Aug 9, 2026
Source: Zillow Rentals
Listed For Rent
$1,500
May 6, 2021
Source: NorthstarMLS as distributed by MLS GRID #5691745
Sold
$120,000

Frequently asked questions about 1405 E 40th St #6F

  • What is the price history for 1405 E 40th St #6F?
    1405 E 40th St #6F in Minneapolis, MN last sold for $120,000 in May 2021.
  • 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 $355K. That is up $10.67K 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.
  • Does 1405 E 40th St #6F have air conditioning?
    Yes, 1405 E 40th St #6F in Minneapolis, MN has air conditioning.
  • Does 1405 E 40th St #6F have a pool?
    Yes, 1405 E 40th St #6F in Minneapolis, MN has a pool.

Homes for rent near 1405 E 40th St #6F

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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