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1015 E 40th St; Minneapolis, MN Property Details

1015 E 40th St, Minneapolis, MN is a Single Family that was built in 1914. This property is currently a cash purchase and is not for sale. Our records show that 1015 E 40th St has 3 bedrooms, and 1.5 bathrooms, and a total of 1,440 square feet. The lot size of 1015 E 40th St is 3,485 square feet.

Off market
1015 E 40th St Minneapolis, MN 55407
$194,900 Listing Price
3 Beds
1.5 Baths
1,440 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1914
  • Purchase Price: $191,000
  • Est. Equity / %: $352,000 / 100%
  • Gross Yield: 8.206%
  • APN: 11-028-24-24-0032
  • Situs County: Hennepin
  • Length Of Ownership: 17 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Stories: 1.25
  • Exterior Wall Type: Wood Shingle
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,440/SqFt
  • Lot: 3,485/SqFt
  • Gross: 2,480/SqFt
  • Living: 1,440/SqFt
  • Basement: 1,040/SqFt
  • Building: 2,480/SqFt
  • Ground: 1,040/SqFt
  • Price Per Square Foot: $132.64

Legal Description

  • Description: LOT 001 BLOCK 002 A GIRARD INVEST CO 06TH ADDN TO MPLS W 42 FT OF LOTS 1 AND 2 42.00 X 80.00
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Minneapolis Public School District
  • Lat / Lon: 44.93034 / -93.25923
  • Subdivision: Girard Invest Co 06th Addn To Mpls
  • Property Class: Residential
  • Zoning: R1A
  • County Use Code: R

Amenities

  • Plus Four: 3205
  • Garage: Detached Garage
  • Heating: Hot Water

Ownership Info

1015 E 40th St has no associated ownership info
1015 E 40th St has no associated ownership info.

Taxes

1015 E 40th St has 10 associated Taxes items

1015 E 40th St, Minneapolis, MN pays taxes in Hennepin County, MN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $304,500. The APN we've located for 1015 E 40th St is 11-028-24-24-0032.

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Taxes
  • Assessed Value:  $304,500
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  11-028-24-24-0032
  • Assessed Land Value:  75000
  • Market Land Value:  75000
  • Tax Amount:  4428.8
  • Tax Year:  2025
  • Market Value:  304500
  • Market Year:  2025

Tax History

1015 E 40th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $304,500 Land Value $75,000 Improvement Value $229,500 Tax Amount $4,428.8 Change Rate +0.127357% Assessed CR Tax Rate +0.014544%
Year 2024 Assessed Value $284,000 Land Value $75,000 Improvement Value $209,000 Tax Amount $3,928.48 Change Rate +0.021993% Assessed CR Tax Rate +0.013833%
Year 2023 Assessed Value $304,000 Land Value $81,000 Improvement Value $223,000 Tax Amount $3,843.94 Change Rate +0.135641% Assessed CR Tax Rate +0.012645%
Year 2022 Assessed Value $294,000 Land Value $77,000 Improvement Value $217,000 Tax Amount $3,384.82 Change Rate +0.16493% Assessed CR Tax Rate +0.011513%
Year 2021 Assessed Value $257,000 Land Value $38,000 Improvement Value $219,000 Tax Amount $2,905.6 Change Rate -0.077165% Assessed CR Tax Rate +0.011306%
Year 2020 Assessed Value $231,500 Land Value $15,900 Improvement Value $215,600 Tax Amount $3,148.56 Change Rate +0.025904% Assessed CR Tax Rate +0.013601%
Year 2019 Assessed Value $231,500 Land Value $11,300 Improvement Value $220,200 Tax Amount $3,069.06 Change Rate +0.088558% Assessed CR Tax Rate +0.013257%
Year 2018 Assessed Value $220,500 Land Value $11,300 Improvement Value $209,200 Tax Amount $2,819.38 Change Rate +0.075123% Assessed CR Tax Rate +0.012786%
Year 2017 Assessed Value $188,000 Land Value $10,300 Improvement Value $177,700 Tax Amount $2,622.38 Change Rate +0.026902% Assessed CR Tax Rate +0.013949%
Year 2016 Assessed Value $179,000 Land Value $10,300 Improvement Value $168,700 Tax Amount $2,553.68 Change Rate +0.014226% Assessed CR Tax Rate +0.014266%
Year 2015 Assessed Value $170,000 Land Value $10,300 Improvement Value $159,700 Tax Amount $2,517.86 Change Rate Assessed CR Tax Rate +0.014811%
Year 2014 Assessed Value $160,500 Land Value $10,300 Improvement Value $150,200 Tax Amount Change Rate Assessed CR Tax Rate