1529 40th St E, Minneapolis, MN 55407
OFF MARKET

1529 40th St E
Minneapolis, MN 55407

Bancroft
  • 5 Beds
  • 2 Baths
  • 2,514 sqft

$352,300

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $2,220/mo*

$352,300

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $2,220/mo*
5 Beds
2 Baths
2,514 sqft

Home Value

Trulia Estimate
$352K
Since last month
Increased$400 (+0.1%)
Since last year
Decreased$19K (-5%)
Since last sale
Increased$235K (+204.5%)
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 +39% in the last 10 years
MonthEstimated value
2026
August 2026$350K
July 2026$350K
June 2026$354K
May 2026$356K
April 2026$351K
March 2026$350K
February 2026$356K
January 2026$353K
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
0.19
Multi-Family Home
$287,000
04/24/26
3
2
1,869
0.16
Multi-Family Home
$340,000
02/26/26
3
2
2,814
0.44
Multi-Family Home
$425,000
07/31/26
5
2
2,562
0.23
Multi-Family Home
$175,000
09/23/25
2
2
1,372
0.37
Multi-Family Home
$425,000
10/01/25
4
2
2,288
0.36
Multi-Family Home
$372,800
10/22/25
4
2
2,232
0.53
Multi-Family Home
$218,051
03/05/26
4
2
2,288
0.58
Multi-Family Home
$250,000
10/28/25
4
2
2,392
0.41
Multi-Family Home
$370,000
08/13/26
3
2
2,406
0.49
Multi-Family Home
$275,000
11/26/25
4
2
1,704

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
0.00
$281,000
5
3
2,514
Off Market
0.04
$415,000
4
2
2,120
Recently Sold
0.05
$495,000
4
4
2,454
For Sale
0.05
$356,100
3
2
1,172
Off Market
0.09
$311,600
2
1
1,004
Off Market
0.07
$290,500
2
1
748
Off Market
0.08
$266,900
2
1
1,150
Off Market
0.06
$449,000
3
2
2,110
Off Market
0.10
$223,100
2
1
620
Off Market
0.11
$340,000
3
1.5
1,668
Recently Sold
0.10
$107,200
1
1
671
Off Market
0.11
$465,000
4
3
2,292
For Sale

Local Information

  • Map ViewExplore the area around 1529 40th St E.
  • Schools2 Preschool Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1954
Living Area
2,514 sqft
Price/Sqft
$140
Parking
Garage

About this House

Side by side Duplex with 3 bedrooms, 1 bath on left side and 2 bedrooms, 2 baths & fireplace on right side. Both units currently renter. Right tenant vacating 6/30, left is month to month. Great rental or owner-occupied.
1529 40th St E, Minneapolis, MN 55407 is a 5 bedroom, 2 bathroom, 2,514 sqft multi-family in Bancroft, built in 1954. It last sold for $115,000 on Jan 12, 2011. It is currently off market. The Trulia Estimate is $352,300, with a rent estimate of $1,564/month.

Home Details for 1529 40th St E

Interior Features

Interior Details
BasementNumber of Rooms: 10
Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Metal
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1954
Property Type / Style
Property Type: Multi Family

Community

Units in Building: 2

Lot Information

Lot Area: 5227 sqft

Price and Tax history

DateEventPrice
Jan 12, 2011
Source: N/A
Sold
$115,000
Jun 3, 2010
Source: Agent Provided
PriceChange
$136,500
Price decreased by 3%
May 16, 2010
Source: Agent Provided
PriceChange
$140,500
Price decreased by 3%
May 8, 2010
Source: Agent Provided
Listed For Sale
$144,900
Dec 7, 2006
Source: N/A
Sold
$222,000

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 1529 40th St E

  • What is 1529 40th St E estimated to be worth?
    Trulia's estimated value for 1529 40th St E in Minneapolis, MN is $352,300.
  • What is the price history for 1529 40th St E?
    1529 40th St E in Minneapolis, MN last sold for $115,000 in January 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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