3409 E  40th St, Minneapolis, MN 55406
Property image
Property image
FOR SALE

3409 E 40th St
Minneapolis, MN 55406

Hiawatha
  • 2 Beds
  • 1 Bath
  • 1,176 sqft

$199,009

Original price: $209,900
Est. Mortgage $1,255/mo*

$199,009

Original price: $209,900
Est. Mortgage $1,255/mo*
2 Beds
1 Bath
1,176 sqft
We estimate this home will sell faster than 93% nearby.

Local Information

  • Map ViewExplore the area around 3409 E 40th St.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Opportunity awaits at 3409 E 40th St in Minneapolis! This 2-bedroom, 1-bath home, approximately 1,176 finished square feet above grade and is full of potential for investors, renovators, or buyers looking to build equity. Originally built in 1914, the property features Pergo flooring, a detached 1-car garage, and a large unfinished basement with approximately 12-foot ceilings, offering the possibility to expand the total usable living space to around 2,200 sqft.
We estimate this home will sell faster than 93% nearby.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$169
Listed
24 days ago

Home Details for 3409 E 40th St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Full,UnfinishedNumber of Rooms: 5Types of Rooms: Bedroom, Bedroom 2, Bathroom, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1176 Square FeetFoundation Area: 672
Heating & Cooling
Heating: Hot WaterNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Hot Water
Fireplace & Spa
No Fireplace
Gas & Electric
Gas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1.5Levels: One and One HalfAccessibility: None
View
No View

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Detached Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 1176 Square Feet

Days on Market

Days on Market: 24

Property Information

Year Built
Year Built: 1914
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 0702823240084

Price & Status

Price
List Price: $199,009Price Per Sqft: $169

Location

Direction & Address
City: MinneapolisCommunity: Elmhurst Add
School Information
High School District: Minneapolis

Agent Information

Listing Agent
Listing ID: 7096178

Building

Building Area
Building Area: 1920 Square Feet

HOA

No HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 4356 sqft

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 7096178Above Grade Unfinished Area: 1176
Last check for updates: about 5 hours ago
Listing courtesy of Steve Koleno, (804) 656-5007
Beycome Brokerage Realty LLC
Source: NorthstarMLS as distributed by MLS GRID, MLS#7096178

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

Price History for 3409 E 40th St

DatePriceEventSource
07/06/2026$199,009PriceChange
NorthstarMLS as distributed by MLS GRID #7096178
06/24/2026$209,900PriceChange
NorthstarMLS as distributed by MLS GRID #7096178
06/19/2026$214,900Listed For SaleNorthstarMLS as distributed by MLS GRID #7096178
06/25/2002$127,000Sold
N/A
02/26/1997$61,200Sold
N/A

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Property Tax and Assessment

Year2025
Tax$3,186
Assessment$221,900
Home facts updated by county records

Comparable Sales for 3409 E 40th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.16
Single-Family Home
$228,500
08/01/25
3
1
1,148
0.38
Single-Family Home
$184,000
01/26/26
4
3.5
3,195
0.19
Single-Family Home
$305,000
12/12/25
3
1
1,248
0.15
Single-Family Home
$375,000
04/08/26
2
1
1,978
0.16
Single-Family Home
$130,000
11/17/25
1
1
692
0.26
Single-Family Home
$330,000
05/08/26
2
1
1,705

Nearby homes

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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

  • 82 % Say yards are well-kept

  • 79 % Say people would walk alone at night

  • 73 % Say streets are well-lit

  • 72 % Say neighbors are friendly

  • 72 % Say there's holiday spirit

  • 71 % 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

  • 50 % 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

Steve Koleno, Beycome Brokerage Realty LLC
Agent Phone: (804) 656-5007
Based on information submitted to the MLS GRID as of 2026-07-14 01:03:10 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
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement
3409 E 40th St, Minneapolis, MN 55406 is a 2 bedroom, 1 bathroom, 1,176 sqft single-family home built in 1914. 3409 E 40th St is located in Hiawatha, Minneapolis. This property is currently available for sale and was listed by NorthstarMLS as distributed by MLS GRID on Jun 19, 2026. The MLS # for this home is MLS# 7096178.