Lovely home recently updated with loads of potential! 3 bedrooms on the main level compliments the awesome recently updated eat in kitchen and spacious living room! The kitchen boasts stainless appliances, modern back splash and lots of cabinet space! The lower level is only 1 egress window away from making this a 4 bedroom home! You'll love the recently updated 3/4 bath with great tile work, a large family room space & a 2nd kitchen just waiting for a stove and fridge! You could easily subdivide this home as well! Located moments from MSP, MOA and Hwy 62 & 55 to get you anywhere you need to go, this home is a gem!
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Around this home
Transportation near 5720 40th Ave S
39/100
Car-dependent
Walk Score®
43/100
Some transit
Transit Score®
48/100
Somewhat bikeable
Bike Score®
Places
1 grocery, 34 restaurants, 5 parks
Transit
22, 23, 440, 46, 7, 74, 9, Groome Transportation
Climate risks
About climate risks
Most homes have some risk of natural disasters, and may be impacted by climate change due to rising temperatures and sea levels.
Risk Factor
Flood Factor - Moderate
21% chance of flooding in next 30 years
Fire Factor - Minimal
Unlikely to be in a wildfire in next 30 years
Heat Factor - Minor
7 days above 98° expected this year, 14 days in 30 years
Wind Factor - Minor
Minor risk of severe winds over next 30 years
Provided by First Street Foundation
Redfin Estimate for 5720 40th Ave S
$374,697
$303 under list price of $375K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $300K to $400K..
5720 40th Ave S is a 1,950 square foot house on a 5,662 square foot lot with 3 bedrooms and 2 bathrooms. 5720 40th Ave S is a house currently priced at $375,000.
How many photos are available for this home?
Redfin has 36 photos of 5720 40th Ave S.
How much is this home worth?
Based on Redfin's Minneapolis data, we estimate the home's value is $374,697
How long has this home been listed on Redfin?
5720 40th Ave S has been listed on Redfin for 8 days since September 24, 2023.
When was this home built and last sold?
5720 40th Ave S was built in 1959 and last sold on March 21, 2005 for $197,850.
How competitive is the market for this home?
Based on Redfin's market data from the past 3 months, we calculate that market competition in 55417, this home's neighborhood, is most competitive. Homes sell for about 4% above list price and go pending in around 12 days. Hot homes can sell for about 9% above list price and go pending in around 7 days. Compared to nearby markets, 55417 is more competitive than Macalester-Groveland and more competitive than Highland.
The full address for this home is 5720 40th Avenue South, Minneapolis, Minnesota 55417.
What's the housing market like in Morris Park?
The Morris Park housing market is very competitive. The median sale price of a home in Morris Park was $291K last month, down 6.3% since last year. The median sale price per square foot in Morris Park is $247, up 17.6% since last year.