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Single Family ResidenceResidential
$505,413$268 / 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 95How 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 $590,000 on Sep 1, 2026

721 W 40TH ST

MINNEAPOLIS, MN 55409
3
Beds
2
Baths
1,884 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.
3,485 ft²
Lot SizeThe size of the land the home sits on, from county records.
1909
Year BuiltThe year the home was originally built, according to county records.
2
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

$505K
$479K low$532K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$590,000 · Sep 1, 2026

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$7,917 (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.$509,300 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$176,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$333,300
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$543,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$509,300

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.0.08
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, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(5)

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
Barton Elementary School
Elementary · Grades KG–5 · 0.3 mi
H
Washburn High SchoolA-
High · Grades 9–12 · 1.2 mi
M
Justice Page Community Middle SchoolB+
Middle · Grades 6–8 · 1.3 mi

District: Minneapolis Public School District

Neighborhood · ZIP 55409These 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.95
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.93
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.11

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.36%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.11,267
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.8,690 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$95,359
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$120,104
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

721 W 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 more than 82% of homes in Minneapolis 55409
  • Costs less per square foot than 65% of homes in East Harriet
  • Bigger than 78% of homes in Minneapolis 55409
  • Has a smaller lot than 97% of homes in East Harriet
  • Older than 95% of homes in Hennepin County

What homes are worth in Minneapolis 55409

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

This home
$129K$933K

This home is worth more than 82% of homes in Minneapolis 55409.

How it measures up in Minneapolis 55409

The dot is this home. The mark in the middle is the typical home in Minneapolis 55409.

Estimated value$505,413
CheaperTypical $343,146Pricier

Pricier than 82% of homes nearby

Price per ft²$268
CheaperTypical $264Pricier

Pricier than 52% of homes nearby

Living area1,884 ft²
SmallerTypical 1,368 ft²Bigger

Bigger than 78% of homes nearby

Lot size3,485 ft²
SmallerTypical 0.12 acBigger

Bigger than 7% of homes nearby

Year built1909
OlderTypical 1916Newer

Newer than 22% of homes nearby

How 721 W 40th St ranks against every home in each area.
MeasureThis homeEast HarrietMinneapolis 55409Hennepin County
Estimated valuepricier than$505,41360% of homes82% of homes71% of homes
Price per ft²pricier than$26835% of homes52% of homes45% of homes
Living areabigger than1,884 ft²65% of homes78% of homes73% of homes
Lot sizebigger than3,485 ft²3% of homes7% of homes7% of homes
Year builtnewer than190914% of homes22% of homes5% of homes

About 721 W 40th St

How much is 721 W 40th St, Minneapolis, MN worth?

The TopHap Estimate for 721 W 40th St, Minneapolis, MN is $505,413 as of Sep 24, 2026. The likely range is $478,538 to $532,288. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 721 W 40th St, Minneapolis, MN last sell?

721 W 40th St, Minneapolis, MN last sold on Sep 1, 2026 for $590,000, according to the county's recorded deed. TopHap holds 4 recorded sales for this parcel.

How big is 721 W 40th St, Minneapolis, MN?

721 W 40th St, Minneapolis, MN has 3 bedrooms, 2 bathrooms, 1,884 square feet of living space and a 0.08-acre lot.

When was 721 W 40th St, Minneapolis, MN built?

721 W 40th St, Minneapolis, MN was built in 1909, making it 117 years old. The building has 2 stories.

What schools serve 721 W 40th St, Minneapolis, MN?

721 W 40th St, Minneapolis, MN is assigned to Barton Elementary School (elementary); Washburn High School (high), rated A-; Justice Page 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 721 W 40th St, Minneapolis, MN compare to other homes in Minneapolis 55409?

Among the 3,867 homes in Minneapolis 55409, it is worth more than 82% of them ($505,413 against a typical $343,146), its price per square foot is higher than 52% of them ($268 against a typical $264), it is bigger than 78% of them (1,884 ft² against a typical 1,368 ft²), its lot is bigger than 7% of them (3,485 ft² against a typical 0.12 ac) and it is newer than 22% of them (1909 against a typical 1916). Measured against all of Hennepin County, it is worth more than 71% 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 721 W 40th St, Minneapolis, MN?

The 2025 property tax bill for 721 W 40th St, Minneapolis, MN was $7,917. The county assessed it at $509,300.

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