1529 E 40th, Minneapolis, MN 55407
Property image
Property image
OFF MARKET

1529 E 40th
Minneapolis, MN 55407

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

$272,500

Trulia Estimate
as of Aug 2, 2026
Est. Refi. Payment $1,746/mo*

$272,500

Trulia Estimate
as of Aug 2, 2026
Est. Refi. Payment $1,746/mo*
5 Beds
3 Baths
2,514 sqft

Local Information

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

Home Highlights

Property Type
Condo
Year Built
1954
Living Area
2,514 sqft
Price/Sqft
$108
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 E 40th, Minneapolis, MN 55407 is a 5 bedroom, 3 bathroom, 2,514 sqft condo in Bancroft, built in 1954. It last sold for $115,000 on Nov 30, 2010 (16% below the $136,500 asking price). It is currently off market. The Trulia Estimate is $272,500, with a rent estimate of $1,741/month.

Home Details for 1529 E 40th

Interior Features

Interior Details
Basement: Full,Egress Windows,Finished
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3
Dimensions and Layout
Living Area: 2514 Square Feet
Appliances & Utilities
Appliances: Dryer, Range, Refrigerator, WasherDryerRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas HeatingHeating Fuel: Forced Air
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No View

Exterior Features

Exterior Home Features
Roof: Asphalt Shingle
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached
Frontage
Road Frontage: City StreetNot on Waterfront
Finished Area
Finished Area (above surface): 1676 Square FeetFinished Area (below surface): 838 Square Feet

Days on Market

Cumulative Days on Market: 197

Property Information

Year Built
Year Built: 1954
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Condominium
Building
Construction Materials: MetalAttached To Another Structure
Property Information
Condition: Previously Owned

Price & Status

Price
List Price: $136,500
Status Change & Dates
Off Market Date: Thu Nov 18 2010

Active Status

MLS Status: SOLD

Location

Direction & Address
City: Minneapolis
School Information
High School District: Milnor (ND) #2

Lot Information

Lot Area: 5227.2 sqft

Listing Info

Special Conditions: Short Sale

Offer

Listing Terms: FHA

Business

Expense
Tenant Pays: Cable TV, Electricity, Grounds Care, Snow Removal, Gas

Miscellaneous

BasementMls Number: 1693299Above Grade Unfinished Area: 1676
Last check for updates: about 1 hour ago
Listed by Wanda A Wint, (763) 438-9000
Counselor Realty, Inc.
Bought with: David L Brown, (612) 685-2053, CENTURY 21 MarketLink Realty
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#1693299

Price History for 1529 E 40th

DatePriceEventSource
11/30/2010$115,000Sold
Lake Superior Area Realtors as distributed by MLS GRID #1693299

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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Comparable Sales for 1529 E 40th

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.50
Condo
$154,250
11/14/25
2
1
1,000
0.47
Condo
$188,400
02/04/26
2
1
882
0.11
Condo
$108,900
04/29/26
2
1
789
0.12
Condo
$90,000
05/13/26
2
1
789
0.82
Condo
$179,900
09/05/25
3
1
972
0.69
Condo
$220,000
09/19/25
2
1
1,089
0.12
Condo
$112,500
01/26/26
1
1
642
0.12
Condo
$73,000
10/02/25
1
1
671

Nearby homes

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Assigned Schools

These are the assigned schools for 1529 E 40th.
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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Homes for sale near 1529 E 40th

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Off Market Homes Near 1529 E 40th

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Based on information submitted to the MLS GRID as of 2026-08-02 08:27:27 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information