1609 E 40th St, Minneapolis, MN 55407
OFF MARKET

$206,300

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 1,200 sqft

1609 E 40th St, Minneapolis, MN 55407

Bancroft
Est. Refi. Payment $1,365/mo*
Refinance Your Home

Home Value

Trulia Estimate
$206K
Since last month
Decreased$8K (-3.7%)
Since last year
Increased$5K (+2.7%)
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 +47% in the last 10 years
MonthEstimated value
2026
November 2026$206K
October 2026$228K
September 2026$214K
August 2026$211K
July 2026$221K
June 2026$219K
May 2026$215K
April 2026$210K
March 2026$219K
February 2026$220K
January 2026$218K
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
4004 17th Ave S, Minneapolis, MN
0.02
Single-Family Home
$182,500
06/18/26
2
1
1,026
3951 17th Ave S, Minneapolis, MN
0.06
Single-Family Home
$265,000
05/26/26
2
1
859
3933 17th Ave S, Minneapolis, MN
0.08
Single-Family Home
$255,000
12/29/25
2
1
825
3915 18th Ave S, Minneapolis, MN
0.15
Single-Family Home
$80,000
08/21/26
2
1
900
3844 18th Ave S, Minneapolis, MN
0.18
Single-Family Home
$360,500
09/03/26
2
1
1,121
4110 16th Ave S, Minneapolis, MN
0.15
Single-Family Home
$310,000
11/19/25
2
1
936
4107 18th Ave S, Minneapolis, MN
0.18
Single-Family Home
$260,000
12/01/25
3
1
1,106
3700 16th Ave S, Minneapolis, MN
0.38
Single-Family Home
$262,250
09/17/26
2
1
1,072
3901 16th Ave S, Minneapolis, MN
0.13
Single-Family Home
$349,000
06/30/26
3
1
1,567
4019 19th Ave S, Minneapolis, MN
0.31
Single-Family Home
$335,000
08/24/26
2
1
1,322

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
4001 16th Ave S, Minneapolis, MN 55407
0.01
$209,500
2
1
686
Off Market
1615 E 40th Street, Minneapolis, MN 55407
0.01
$256,300
2
1
1,150
Off Market
1615 40th St E, Minneapolis, MN 55407
0.01
$282,900
2
1
1,150
Off Market
4005 16th Ave S, Minneapolis, MN 55407
0.01
$345,900
4
2
2,496
Off Market
4011 16th Ave S, Minneapolis, MN 55407
0.02
$244,500
2
1
765
Off Market
4004 17th Ave S, Minneapolis, MN 55407
0.02
$182,500
2
1
1,026
Recently Sold
3957 16th Ave S, Minneapolis, MN 55407
0.02
$453,100
4
2
2,152
Off Market
4000 17th Ave S, Minneapolis, MN 55407
0.02
$233,500
3
1
1,300
Off Market
4015 16th Ave S, Minneapolis, MN 55407
0.03
$255,400
3
1
808
Off Market
4010 17th Ave S, Minneapolis, MN 55407
0.03
$328,500
2
1
1,144
Off Market
3956 17th Ave S, Minneapolis, MN 55407
0.03
$208,700
2
1
864
Off Market
3953 16th Ave S, Minneapolis, MN 55407
0.03
$286,700
2
1
748
Off Market
4012 17th Ave S, Minneapolis, MN 55407
0.03
$297,000
4
1
2,361
Off Market
4017 16th Ave S, Minneapolis, MN 55407
0.03
$256,300
2
1
828
Off Market
3952 17th Ave S, Minneapolis, MN 55407
0.04
$269,700
2
1
2,272
Off Market
3949 16th Ave S, Minneapolis, MN 55407
0.04
$300,100
2
1
2,324
Off Market
4016 17th Ave S, Minneapolis, MN 55407
0.04
$324,100
3
1
2,634
Off Market
4000 16th Ave S, Minneapolis, MN 55407
0.04
$354,400
3
1
1,220
Off Market
4004 16th Ave S, Minneapolis, MN 55407
0.04
$284,100
3
1
1,407
Off Market
3948 17th Ave S, Minneapolis, MN 55407
0.04
$287,800
3
1
2,456
Off Market

Local Information

  • Map ViewExplore the area around 1609 E 40th St.
  • Schools1 Preschool School1 Elementary School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1924
1,200 sqft
$172/sqft
Garage

About this House

This single-family home is located at 1609 E 40th St, Minneapolis, MN. 1609 E 40th St is in the Bancroft neighborhood in Minneapolis, MN and in ZIP code 55407. This property has 2 bedrooms, 1 bathroom and approximately 1,200 sqft of floor space. This property has a lot size of 3021 sqft and was built in 1924.
1609 E 40th St, Minneapolis, MN 55407 is a 2 bedroom, 1 bathroom, 1,200 sqft single-family home in Bancroft, built in 1924. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $206,300, with a rent estimate of $1,850/month.

Home Details for 1609 E 40th St

Interior Features

Interior Details
BasementNumber of Rooms: 5
Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1

Exterior Features

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

Property Information

Year Built
Year Built: 1924
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 3021 sqft

Price and Tax history

YearProperty taxTax assessment
2023
$2,762
$170,000
Home facts updated by county records

Market trends in Minneapolis

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$352K
$3.33KMoM
Sale-to-List Price
100.0%
Price per sq ft
$224
$10MoM
Available listings
1460
1MoM
Sourced by Trulia Market Trends

Around this home

Neighborhood Overview

Bancroft
See Local Highlights
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"
    0
    Flag
  • 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"
    0
    Flag
  • 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."
    0
    Flag
  • 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."
    0
    Flag
  • Eric B.
    "Lots of friendly young families and older folks too. Everybody looking out for each other. Many ethnic restaurants close by."
    0
    Flag
  • 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."
    0
    Flag
  • EAmom25
    "Bancroft is the perfect south Minneapolis family neighborhood. A good mix of families and younger couples. Easy commute to the U or downtown. "
    1
    Flag
  • 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. "
    4
    Flag
  • Jcs2swan
    "Stores and restaurants are within walking distance. We can walk the streets and there are parks close by. "
    1
    Flag
  • 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."
    2
    Flag
  • 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."
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1609 E 40th St

  • What is 1609 E 40th St estimated to be worth?
    Trulia's estimated value for 1609 E 40th St in Minneapolis, MN is $206,300.
  • Is Minneapolis a buyer's or seller's market?
    Minneapolis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Minneapolis?
    The median sale price in Minneapolis is $352K. That is down $3.33K 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.
  • How big is the lot at 1609 E 40th St?
    The lot at 1609 E 40th St in Minneapolis, MN is about 0.07 acres (3,021 sq ft).
  • Does 1609 E 40th St have a garage?
    Yes, 1609 E 40th St in Minneapolis, MN has a garage.

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