- 2 Beds
- 1 Bath
- 1,000 sqft
16 E 40th St #16, Minneapolis, MN 55409
Home Highlights
Apartment
1,000 sqft
Local Information
-- mins to
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
**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
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Property Type / Style Property Type: Apartment |
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Lease Term: 1 Year |
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Appliances & Utilities DryerWasher |
Heating & Cooling Air ConditioningCooling System: Central Air |
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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
Get a sense of prices in the area by checking nearby homes.Rental Market Trends in Kingfield
Last updated Sep 2026
Trulia Rent Estimate$1,796/mo
Average rent
$1.7K
$79MoM
Available listings
29
Around this home
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Price and Tax history
| Date | Event | Price |
|---|---|---|
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 |
Mar 11, 2022 Source: Zillow Rental Manager | ListingRemoved | |
Mar 4, 2022 Source: Zillow Rental Manager | Listed For Rent | $2,000 |
Mar 1, 2021 Source: N/A | ListingRemoved | |
Jun 18, 2020 Source: N/A | ListingRemoved | $1,700 |
Jun 8, 2020 Source: N/A | Listed For Rent | $1,700 |
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
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.

