3401 40th St E, Minneapolis, MN 55406
Property image
Property image
OFF MARKET

$286,100

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 1,600 sqft

3401 40th St E, Minneapolis, MN 55406

Hiawatha
Currently Off Market - Sold Oct 1, 2015 for $167,500

Home Value

Trulia Estimate
$286K
Since last month
Decreased$4K (-1.5%)
Since last year
Increased$16K (+6.1%)
Since last sale
Increased$119K (+71.1%)
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 +63% in the last 10 years
MonthEstimated value
2026
August 2026$287K
July 2026$291K
June 2026$285K
May 2026$284K
April 2026$283K
March 2026$274K
February 2026$271K
January 2026$266K
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
0.27
Single-Family Home
$242,000
02/24/26
3
2
1,719
0.24
Single-Family Home
$350,000
06/26/26
2
1.5
1,008
0.17
Single-Family Home
$325,000
10/16/25
3
2
1,863
0.32
Single-Family Home
$350,000
06/23/26
2
2
1,888
0.13
Single-Family Home
$335,000
03/04/26
3
1.5
2,239
0.28
Single-Family Home
$195,000
11/21/25
2
1
1,116
0.25
Single-Family Home
$269,000
08/20/26
3
1.5
1,070
0.19
Single-Family Home
$385,000
07/31/26
3
2
1,388
0.26
Single-Family Home
$330,000
05/08/26
2
1
1,705
0.15
Single-Family Home
$375,000
04/08/26
2
1
1,978

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
0.03
$340,900
3
1.5
1,085
Off Market
0.03
-
2
1
1,148
Off Market
0.00
$326,200
3
2
1,600
Off Market
0.05
$251,100
2
1
1,028
Off Market
0.02
$169,100
1
1
672
Off Market
0.03
$267,000
3
1
988
Off Market
0.05
$241,500
2
1
918
Off Market
0.03
$192,800
1
1
624
Off Market
0.04
$311,000
3
1.5
1,391
Off Market
0.07
$303,600
2
1
1,431
Off Market
0.06
$305,000
2
2
1,715
Off Market
0.10
$296,000
3
2
1,833
Off Market

Local Information

  • Map ViewExplore the area around 3401 40th St E.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1914
Living Area
1,600 sqft
Price/Sqft
$179

About this House

This adorable 1600 SF, 3 bedroom, 2 bath will satisfy the wildest of hearts. Dine on fresh vegetables from your own garden, cut perennial wildflowers for the home and relax on your patio w/ fireplace in the evening time. Large finished lower level with ¾ bath and separate office space. Fenced in yard with beautiful trees, extra storage shed for tools & bikes. Many updates including HVAC, roof, sewer, hot water, electric. Perfect starter home, or rental income potential from lower level, low utilities. Central location, quick walk to Light Rail.
3401 40th St E, Minneapolis, MN 55406 is a 2 bedroom, 2 bathroom, 1,600 sqft single-family home in Hiawatha, built in 1914. It last sold for $167,500 on Oct 1, 2015. More recently, it was listed as a rental in March 2020 with an asking price of $1,600 per month. That rental listing was removed on February 23, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $286,100, with a rent estimate of $2,206/month.

Home Details for 3401 40th St E

Interior Features

Interior Details
BasementNumber of Rooms: 7Types of Rooms: Walk In Closet, Family Room, Laundry Room, OfficeCeiling Fan
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Linoleum Vinyl
Appliances & Utilities
Cable ReadyDryerMicrowaveRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: StuccoGardenLawnPatioPorch
Parking & Garage
Parking Space: 1Parking: Off Street

Property Information

Year Built
Year Built: 1914
Property Type / Style
Property Type: Single Family HomeArchitecture: Bungalow

Community

Units in Building: 1

Lot Information

Lot Area: 4290 sqft

Price and Tax history

DateEventPrice
Oct 18, 2021
Source: NorthstarMLS as distributed by MLS GRID #6087473
ListingRemoved
Sep 7, 2021
Source: NorthstarMLS as distributed by MLS GRID #6087473
PriceChange
$250,000
Price decreased by 9%
Aug 19, 2021
Source: NorthstarMLS as distributed by MLS GRID #6087473
Listed For Sale
$275,000
Feb 23, 2021
Source: N/A
ListingRemoved
Apr 1, 2020
Source: N/A
ListingRemoved
$1,600

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 Hiawatha

At least 44 Trulia users voted on each feature.
  • 98 % Say parking is easy

  • 98 % Say it's dog friendly

  • 94 % Say there are sidewalks

  • 85 % Say kids play outside

  • 84 % Say it's walkable to restaurants

  • 83 % Say yards are well-kept

  • 78 % Say people would walk alone at night

  • 73 % Say streets are well-lit

  • 72 % Say neighbors are friendly

  • 72 % Say there's holiday spirit

  • 70 % Say it's quiet

  • 67 % Say there are community events

  • 65 % Say car is needed

  • 64 % Say they plan to stay for at least 5 years

  • 49 % Say there's wildlife

  • 46 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "The Falls are the biggest attraction to the area along with the close proximity to Lake Nakomis and Hiawatha. The light rail is close also along with a brewery. Cycling and hiking are go to events for this community. "
  • Myra M.
    "Halloween for the kids, events at the parks, block parties friendly neighborhood, different types of food on Lake street, multiple stores to choose and shop from, closer to Lake Calhoun, easy to meet people, easy to ride your bike"
  • Ellie B.
    "My neighborhood has access to public transit and beautiful parks with natural wonderment in almost every direction. People are friendly and accepting. Good restaurants and a few local watering holes. Great area for artists and young families. "
  • Kristen L.
    "I drive to work, kids use bus to school and college and we walk to restaurants and stores. On street parking is a breeze. I love the bikers and walkers. It’s great"
  • Jmarisgilbert
    "I have lived here for 20 years and I love my neighbors and everything about the neighborhood! Gardens, coffee shops and great people!"
  • socalbuyshomes
    "Great safe location closed to Minnehaha Falls part, light rails station, airport, downtown, and St. Paul."
  • land0038
    "Amazing Neighborhood!!! Great parks and walking trails--Minnehaha Falls park and River Road nearby. Wonderful culture and entertainment--Riverview Theater, Riverview Wine Bar, and many local coffee shops and local restaurants. Extremely high quality of life in this neighborhood."
  • jhall92
    "Amazing urban neighborhood. Great for walkers and bikers. Wonderful public transit. Close to gems such as Riverview theater and Minnehaha Park. Hiawatha Park great for kids and families. Wonderful neighborhood."

LGBTQ Local Legal Protections

Frequently asked questions about 3401 40th St E

  • What is 3401 40th St E estimated to be worth?
    Trulia's estimated value for 3401 40th St E in Minneapolis, MN is $286,100.
  • What is the price history for 3401 40th St E?
    3401 40th St E in Minneapolis, MN last sold for $167,500 in October 2015.
  • 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.
  • Does 3401 40th St E have air conditioning?
    Yes, 3401 40th St E in Minneapolis, MN has air conditioning.
  • Does 3401 40th St E have laundry facilities?
    Yes, 3401 40th St E in Minneapolis, MN has in-unit laundry.

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