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Single Family ResidenceResidential
$422,483$244 / 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 90How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

40 MELBOURNE AVE SE

MINNEAPOLIS, MN 55414
3
Beds
2.5
Baths
1,734 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.
0.15 ac
Lot SizeThe size of the land the home sits on, from county records.
1994
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
8
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$422K
$379K low$466K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,348 (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.$532,000 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$202,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$330,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$499,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$532,000

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.0.15
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
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Basement
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(3)

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.

E
Pratt Community SchoolD-
Elementary · Grades PK–5 · 0.3 mi
H
Edison High SchoolC
High · Grades 9–12 · 3.6 mi
M
Northeast Community Middle SchoolD
Middle · Grades 6–8 · 4.0 mi

District: Minneapolis Public School District

Neighborhood · ZIP 55414These 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.153
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.86
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.9

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.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.39%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.35%
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.32,825
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.9,698 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$55,708
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$72,953
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%

Owner Tools

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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

40 Melbourne Ave Se 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 more than 72% of homes in Prospect Park / East River Road
  • Bigger than 68% of homes in Hennepin County
  • Has a smaller lot than 70% of homes in Hennepin County
  • Newer than 79% of homes in Hennepin County

What homes are worth in Minneapolis 55414

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

This home
$26K$904K

This home is worth more than 72% of homes in Minneapolis 55414.

How it measures up in Minneapolis 55414

The dot is this home. The mark in the middle is the typical home in Minneapolis 55414.

Estimated value$422,483
CheaperTypical $304,172Pricier

Pricier than 72% of homes nearby

Price per ft²$244
CheaperTypical $231Pricier

Pricier than 58% of homes nearby

Living area1,734 ft²
SmallerTypical 1,500 ft²Bigger

Bigger than 61% of homes nearby

Lot size0.15 ac
SmallerTypical 0.18 acBigger

Bigger than 44% of homes nearby

Year built1994
OlderTypical 1933Newer

Newer than 75% of homes nearby

How 40 Melbourne Ave Se ranks against every home in each area.
MeasureThis homeProspect Park / East River RoadMinneapolis 55414Hennepin County
Estimated valuepricier than$422,48372% of homes72% of homes70% of homes
Price per ft²pricier than$24460% of homes58% of homes54% of homes
Living areabigger than1,734 ft²50% of homes61% of homes68% of homes
Lot sizebigger than0.15 ac41% of homes44% of homes30% of homes
Year builtnewer than199477% of homes75% of homes79% of homes

About 40 Melbourne Ave Se

How much is 40 Melbourne Ave Se, Minneapolis, MN worth?

The TopHap Estimate for 40 Melbourne Ave Se, Minneapolis, MN is $422,483 as of Aug 30, 2026. The likely range is $379,402 to $465,564. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40 Melbourne Ave Se, Minneapolis, MN last sell?

40 Melbourne Ave Se, Minneapolis, MN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 40 Melbourne Ave Se, Minneapolis, MN?

40 Melbourne Ave Se, Minneapolis, MN has 3 bedrooms, 2.5 bathrooms, 1,734 square feet of living space and a 0.15-acre lot.

When was 40 Melbourne Ave Se, Minneapolis, MN built?

40 Melbourne Ave Se, Minneapolis, MN was built in 1994, making it 32 years old. The building has 1 story.

What schools serve 40 Melbourne Ave Se, Minneapolis, MN?

40 Melbourne Ave Se, Minneapolis, MN is assigned to Pratt Community School (elementary), rated D-; Edison High School (high), rated C; Northeast Community Middle School (middle), rated D. All sit in Minneapolis Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40 Melbourne Ave Se, Minneapolis, MN compare to other homes in Minneapolis 55414?

Among the 4,828 homes in Minneapolis 55414, it is worth more than 72% of them ($422,483 against a typical $304,172), its price per square foot is higher than 58% of them ($244 against a typical $231), it is bigger than 61% of them (1,734 ft² against a typical 1,500 ft²), its lot is bigger than 44% of them (0.15 ac against a typical 0.18 ac) and it is newer than 75% of them (1994 against a typical 1933). Measured against all of Hennepin County, it is worth more than 70% 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 40 Melbourne Ave Se, Minneapolis, MN?

The 2025 property tax bill for 40 Melbourne Ave Se, Minneapolis, MN was $8,348. The county assessed it at $532,000.

More homes on Melbourne Ave Se

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Assigned schools

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