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Single Family ResidenceResidential
$337,686$336 / 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 Oct 21, 2026
Last sold for $336,764 on Jul 20, 2026

3548 40TH AVE S

MINNEAPOLIS, MN 55406
3
Beds
1
Baths
1,006 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.
0.12 ac
Lot SizeThe size of the land the home sits on, from county records.
1925
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$338K
$294K low$382K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$336,764 · Jul 20, 2026

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,778 (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.$324,400 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$141,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$183,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$315,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$324,400

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.6 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%
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.0.12
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.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
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 · 98 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.

M
Sanford Community Middle SchoolB
Middle · Grades 6–8 · 0.1 mi
E
Hiawatha Community School - Hiawatha Campus
Elementary · Grades KG–2 · 0.8 mi
H
Roosevelt High School
High · Grades 9–12 · 0.9 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

3548 40th Ave S 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.

  • Costs more per square foot than 82% of homes in Minneapolis 55406
  • Smaller than 83% of homes in Hennepin County
  • Has a smaller lot than 92% of homes in Howe
  • Older than 86% 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
$143K$718K

This home is worth more than 63% 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$337,686
CheaperTypical $302,287Pricier

Pricier than 63% of homes nearby

Price per ft²$336
CheaperTypical $264Pricier

Pricier than 82% of homes nearby

Living area1,006 ft²
SmallerTypical 1,196 ft²Bigger

Bigger than 28% of homes nearby

Lot size0.12 ac
SmallerTypical 0.12 acBigger

Bigger than 15% of homes nearby

Year built1925
OlderTypical 1923Newer

Newer than 62% of homes nearby

How 3548 40th Ave S ranks against every home in each area.
MeasureThis homeHoweMinneapolis 55406Hennepin County
Estimated valuepricier than$337,68662% of homes63% of homes43% of homes
Price per ft²pricier than$33675% of homes82% of homes75% of homes
Living areabigger than1,006 ft²33% of homes28% of homes17% of homes
Lot sizebigger than0.12 ac8% of homes15% of homes12% of homes
Year builtnewer than192563% of homes62% of homes14% of homes

About 3548 40th Ave S

How much is 3548 40th Ave S, Minneapolis, MN worth?

The TopHap Estimate for 3548 40th Ave S, Minneapolis, MN is $337,686 as of Oct 21, 2026. The likely range is $293,735 to $381,637. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 3548 40th Ave S, Minneapolis, MN last sell?

3548 40th Ave S, Minneapolis, MN last sold on Jul 20, 2026 for $336,764, according to the county's recorded deed.

How big is 3548 40th Ave S, Minneapolis, MN?

3548 40th Ave S, Minneapolis, MN has 3 bedrooms, 1 bathrooms, 1,006 square feet of living space and a 0.12-acre lot.

When was 3548 40th Ave S, Minneapolis, MN built?

3548 40th Ave S, Minneapolis, MN was built in 1925, making it 101 years old. The building has 1 story.

What schools serve 3548 40th Ave S, Minneapolis, MN?

3548 40th Ave S, Minneapolis, MN is assigned to Sanford Community Middle School (middle), rated B; Hiawatha Community School - Hiawatha Campus (elementary); Roosevelt High School (high). All sit in Minneapolis Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 3548 40th Ave S, Minneapolis, MN compare to other homes in Minneapolis 55406?

Among the 12,125 homes in Minneapolis 55406, it is worth more than 63% of them ($337,686 against a typical $302,287), its price per square foot is higher than 82% of them ($336 against a typical $264), it is bigger than 28% of them (1,006 ft² against a typical 1,196 ft²), its lot is bigger than 15% of them (0.12 ac against a typical 0.12 ac) and it is newer than 62% of them (1925 against a typical 1923). Measured against all of Hennepin County, it is worth more than 43% 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 3548 40th Ave S, Minneapolis, MN?

The 2025 property tax bill for 3548 40th Ave S, Minneapolis, MN was $4,778. The county assessed it at $324,400.

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