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Single Family ResidenceResidential
$199,009$169 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 87How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $127,000 on Jun 25, 2002

3409 E 40TH ST

MINNEAPOLIS, MN 55406
2
Beds
1
Baths
1,176 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.1 ac
Lot SizeThe size of the land the home sits on, from county records.
1914
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$199K
$173K low$225K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$127,000 · Jun 25, 2002

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,062 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$221,900 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$97,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$124,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$237,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$221,900

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.20 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyHENNEPIN
Lot (acres)The size of the land the home sits on, from county records.0.10
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Hot Water
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 294 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Roosevelt High School
High · Grades 9–12 · 0.4 mi
E
Hiawatha Community School - Hiawatha Campus
Elementary · Grades KG–2 · 0.6 mi
M
Sanford Community Middle SchoolB
Middle · Grades 6–8 · 0.7 mi

District: Minneapolis Public School District

Neighborhood · ZIP 55406These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.110
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.89
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.12

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.34%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.9.7%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.33,967
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.5,976 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$87,294
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$110,659
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.31 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

3409 E 40th St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 91% of homes in Minneapolis 55406
  • Costs less per square foot than 95% of homes in Hiawatha
  • Smaller than 65% of homes in Hennepin County
  • Has a smaller lot than 95% of homes in Hiawatha
  • Older than 92% of homes in Hennepin County

What homes are worth in Minneapolis 55406

Each bar is how many homes fall in that price range. The marker is this home.

This home
$140K$734K

This home is worth more than 9% of homes in Minneapolis 55406.

How it measures up in Minneapolis 55406

The dot is this home. The mark in the middle is the typical home in Minneapolis 55406.

Estimated value$199,009
CheaperTypical $319,000Pricier

Pricier than 9% of homes nearby

Price per ft²$169
CheaperTypical $279Pricier

Pricier than 5% of homes nearby

Living area1,176 ft²
SmallerTypical 1,200 ft²Bigger

Bigger than 48% of homes nearby

Lot size0.1 ac
SmallerTypical 0.12 acBigger

Bigger than 6% of homes nearby

Year built1914
OlderTypical 1923Newer

Newer than 26% of homes nearby

How 3409 E 40th St ranks against every home in each area.
MeasureThis homeHiawathaMinneapolis 55406Hennepin County
Estimated valuepricier than$199,00912% of homes9% of homes10% of homes
Price per ft²pricier than$1695% of homes5% of homes7% of homes
Living areabigger than1,176 ft²50% of homes48% of homes35% of homes
Lot sizebigger than0.1 ac5% of homes6% of homes9% of homes
Year builtnewer than191417% of homes26% of homes8% of homes

About 3409 E 40th St

How much is 3409 E 40th St, Minneapolis, MN worth?

The TopHap Estimate for 3409 E 40th St, Minneapolis, MN is $199,009 as of Sep 24, 2026. The likely range is $172,542 to $225,476. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 3409 E 40th St, Minneapolis, MN last sell?

3409 E 40th St, Minneapolis, MN last sold on Jun 25, 2002 for $127,000, according to the county's recorded deed.

How big is 3409 E 40th St, Minneapolis, MN?

3409 E 40th St, Minneapolis, MN has 2 bedrooms, 1 bathrooms, 1,176 square feet of living space and a 0.10-acre lot.

When was 3409 E 40th St, Minneapolis, MN built?

3409 E 40th St, Minneapolis, MN was built in 1914, making it 112 years old. The building has 1 story.

What schools serve 3409 E 40th St, Minneapolis, MN?

3409 E 40th St, Minneapolis, MN is assigned to Roosevelt High School (high); Hiawatha Community School - Hiawatha Campus (elementary); Sanford Community Middle School (middle), rated B. All sit in Minneapolis Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 3409 E 40th St, Minneapolis, MN compare to other homes in Minneapolis 55406?

Among the 12,125 homes in Minneapolis 55406, it is worth more than 9% of them ($199,009 against a typical $319,000), its price per square foot is higher than 5% of them ($169 against a typical $279), it is bigger than 48% of them (1,176 ft² against a typical 1,200 ft²), its lot is bigger than 6% of them (0.1 ac against a typical 0.12 ac) and it is newer than 26% of them (1914 against a typical 1923). Measured against all of Hennepin County, it is worth more than 10% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 3409 E 40th St, Minneapolis, MN?

The 2025 property tax bill for 3409 E 40th St, Minneapolis, MN was $3,062. The county assessed it at $221,900.

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