16 E  40th St #16, Minneapolis, MN 55409
Property image
Property image
OFF MARKET
  • 2 Beds
  • 1 Bath
  • 1,000 sqft

16 E 40th St #16, Minneapolis, MN 55409

Kingfield

Home Highlights

Apartment
1,000 sqft

Local Information

  • Map ViewExplore the area around 16 E 40th St #16.
  • Schools1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

**Utilities included in rent**
**Property available immediately**

Fully Renovated 2 Brd in South Mpls! Renovated 2 bedroom apartment, part of a triplex property. New kitchen, appliances, and fully renovated bathroom with shower. Washer/Dryer onsite in basement. Shared back patio. Located across the street from Martin Luther King Park, walking distance from Lake Harriet and restaurants (Nighthawks, Kruse Markit Coffee & Wine Bar, The LowBrow, & many more)

Details:
12 Month Lease, $1,750 deposit, Available November 1st
* Price shown is base rent and may not include non-optional fees and utilities. Price and availability is subject to change without notice.
* Square footage definitions vary. Displayed square footage is approximate.

About This Property:
Fully Renovated 2 Brd in South Mpls! Renovated 2 bedroom apartment, part of a triplex side by side property. New kitchen, appliances, and fully renovated bathroom with shower. Washer/Dryer onsite in basement. Shared back patio. Located across the street from Martin Luther King Park, walking distance from Lake Harriet and restaurants (Nighthawks, Kruse Coffee & Wine Bar, The LowBrow, and more!)

Lease Terms: Seeking 12 months or longer. Security deposit is equal to one month's rent. Pets may be accepted based on owner's approval and would require $200 non refundable pet fee (per pet) if approved.

12 Month Lease
$1,750/per month
Security Deposit: $1,750
16 E 40th St #16, Minneapolis, MN 55409 is a 2 bedroom, 1 bathroom, 1,000 sqft apartment in Kingfield. More recently, it was listed as a rental in October 2024 with an asking price of $1,750 per month. That rental listing was removed on December 6, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,796/month.

Home Details for 16 E 40th St #16

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 1 Year

Interior Features

Appliances & Utilities
DryerWasher
Heating & Cooling
Air ConditioningCooling System: Central Air

Exterior Features

Parking & Garage
Parking: Off Street Parking, On Site

Comparable Sales for 16 E 40th St #16

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.58
Apartment
$3,048,500
01/08/26
1
1
7,000 sqft
1.29
Apartment
$1,071,000
07/10/26
1
1
920 sqft
1.51
Apartment
$190,000
04/27/26
2
1
900 sqft
1.33
Apartment
$90,000
06/03/26
1
1
750 sqft
1.68
Apartment
$185,000
05/04/26
2
1
750 sqft
1.68
Apartment
$34,920,000
09/16/25
2
2
1,161 sqft
1.41
Apartment
$228,654
07/13/26
4
2
1,700 sqft
1.82
Apartment
$1,025,000
11/05/25
3
1
1,400 sqft
1.77
Apartment
$505,000
02/09/26
3
1
1,786 sqft
1.95
Apartment
$747,500
05/22/26
2
1
550 sqft
Home facts updated by county records

Nearby homes

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Rental Market Trends in Kingfield

Last updated Sep 2026
Trulia Rent Estimate$1,796/mo
Average rent
$1.7K
$79
MoM
Available listings
29
View rental market trends in Minneapolis, MN

Around this home

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 Kingfield

At least 44 Trulia users voted on each feature.
  • 100 % Say it's walkable to restaurants

  • 98 % Say it's dog friendly

  • 96 % Say there are sidewalks

  • 93 % Say parking is easy

  • 88 % Say yards are well-kept

  • 85 % Say people would walk alone at night

  • 82 % Say kids play outside

  • 81 % Say streets are well-lit

  • 80 % Say they plan to stay for at least 5 years

  • 72 % Say neighbors are friendly

  • 70 % Say car is needed

  • 70 % Say there's holiday spirit

  • 66 % Say it's quiet

  • 65 % Say there are community events

  • 57 % Say it's walkable to grocery stores

  • 51 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Ryan Bloomberg
    "Drive to St Paul but I used to ride an e-bike downtown Minneapolis when I worked there or I’d take a bus. "
  • Trulia User
    "we have alot of block party's all over the neighborhood we have movies out side and there's always someone barbecuing "
  • Adkaut
    "National night out and kingfield bowls, and open streets, are some great community events. There is also a porch fest where people play music."
  • Twincitiescreative
    "Great restaurants, shops and parks all within walking distance. Beautiful home and great neighbors too. "
  • Cozkathy
    "It is a dog friendly neighborhood. I see people being friendly to people’s pets all the time. I have no idea why this is required to some townhomes."
  • Laurabanin
    "Lots of kids play in the neighborhood. MLK park is a very nice park. Nice wading pool. Lots of room to play."
  • Jstevenlundgren
    "Tight knit, everyone is willing to help out each other. I walk my dog early in the morning and have never had an issue. I have been living here for 2 years. "
  • Sara B.
    "There is a lot of public transport to downtown Minneapolis. The drive doesn’t take too long. The bus trip to the light rail takes about 20 to 30 minutes"
  • Sara B.
    "Its a lovely area with a small town feel. Very quiet and dog friendly. Lots of nice restaurants and coffee shops"
  • Betty H.
    "The character of the homes. walkability, and everyone has a dog. Shops, restaurants and coffee shops are nearby."
  • Clayton A.
    "I love this area. It's close to local restaurants, parks, shopping, bus lines, highway access, and downtown."
  • Erin D.
    "Great neighborhood with active, involved community, walkable to parks, restaurants, coffee shops and farmer's market. Creative people everywhere."
  • Jackiewright79
    "Incredibly friendly, safe neighborhood that sits conveniently between two city lakes (Harriet and Nokomis), blocks from Minnehaha Parkway, amazing highway access and walkable distance to two of the city's best bakeries (Patisserie 46 and Sun Street Breads) and several award-winning restaurants (Corner Table, Kings Wine Bar, Piccolo). "
  • mkmslade
    "After having lived here for almost 3 years, we are still pinching ourselves that it is real. We were fortunate to find an amazing block with great neighbors. We love the location with its close proximity to Lake Harriet, 35W and great food and shops. We couldn't be happier."
  • jessica b.
    "Have been a Kingfield resident for the last year and half and love the neighborhood. The neighbors are friendly and take good care of their homes, there are a lot of fun places to go within walking distance, it is an easy commute to downtown on 35 (or just taking 1st Ave and avoiding traffic!) and I love the character of my 1912 house."

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Dec 6, 2024
Source: Zillow Rentals
ListingRemoved
$1,650
Nov 12, 2024
Source: Zillow Rentals
PriceChange
$1,650
Price decreased by 6%
Oct 15, 2024
Source: Zillow Rentals
Listed For Rent
$1,750
Apr 30, 2024
Source: Zillow Rentals
ListingRemoved
Apr 10, 2024
Source: Zillow Rentals
Listed For Rent
$1,750

Frequently asked questions about 16 E 40th St #16

  • 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 Kingfield neighborhood?
    Residents describe the Kingfield neighborhood in Minneapolis, MN as walkable to restaurants, dog-friendly, and pedestrian-friendly. See recently sold homes in Kingfield, Minneapolis.
  • What are the closest schools to 16 E 40th St #16?
    The closest schools to 16 E 40th St #16 in Minneapolis, MN are Barton Open Elementary School (Middle), Justice Page Middle School (rated 7/10), Washburn Senior High School (rated 8/10).
  • Does 16 E 40th St #16 have air conditioning?
    Yes, 16 E 40th St #16 in Minneapolis, MN has air conditioning.
  • Does 16 E 40th St #16 have laundry facilities?
    Yes, 16 E 40th St #16 in Minneapolis, MN has in-unit laundry.

Homes for rent near 16 E 40th St #16

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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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