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1405 E 40th Street Unit 1F

Minneapolis, MN 55407

2 beds
1 bath
789 sqft
~4 acre lot
$158 per sqft
1965 build
– on site

**PRICE IMPROVEMENT!!** Explore Urban Living at Bush Terrace Condominiums! Nestled in Minneapolis' Bancroft neighborhood, this 2-bed, 1-bath condo offers updated floors and a secure environment. Enjoy proximity to Lake Nokomis, Minnehaha Parkway, and local hotspots like Matt's Bar and Italian Eatery. Ideal for first-time buyers seeking an alternative to renting, it features a garden courtyard leading to a heated outdoor pool for relaxation. Inside, discover a bright living space with modern kitchen amenities. Embrace city life with easy access to shops, light rail, and freeways. Don't miss out – schedule your tour today!

Listing courtesy of NORTHSTAR / Danny Truong / Coldwell Banker Realty

Last checked: Checking… • Last updated Oct 10, 2024 •

MLS# 6556650 —

The Building

Year Built:

1965
New Construction:

false
Age Of Property:

59
Construction Materials:

Brick/Stone, Vinyl Siding
Accessibility Features:

None
Levels:

More Than 2 Stories
Main Level Finished Area:

789.0000
Basement:

None
Basement:

false
Foundation Area:

789
Manufactured Home:

No
Above Grade Finished Area:

789

Interior

Dining Room Description:

Eat In Kitchen,Kitchen/Dining Room,Separate/Formal Dining Room
Fireplace:

false
Amenities:

Patio

Room Dimensions

Living Area:

789

Location

Directions:

42nd st. East to 14th Ave N to 40th St (corner of 40th st and 14th ave)
Latitude:

44.929694
Longitude:

-93.254295

The Property

Parcel Number:

1102824130254
Zoning Description:

Residential-Multi-Family
Property Type:

Residential
Property Subtype:

Low Rise
Property Attached:

true
Additional Parcels:

false
Lot Features:

Public Transit (w/in 6 blks)
Lot Size Area:

3.66
Lot Size SqFt:

159516.72
Lot Size Units:

Acres
Road Frontage Type:

City Street, Paved Streets, Sidewalks
Road Responsibility:

Public Maintained Road
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

1678
Tax With Assessments:

1678.0000

Beds

Bedrooms Total:

2

Baths

Total Baths:

1
Bath Description:

Main Floor Full Bath
Full Baths:

1

Heating & Cooling

Heating:

Baseboard, Hot Water
Cooling:

Wall Unit(s)

Utilities

Sewer:

City Sewer/Connected

Appliances

Appliances:

Exhaust Fan, Microwave, Range, Refrigerator

Schools

High School District:

Minneapolis

The Community

Subdivision Name:

Condo 0221 Bush Terrace Condo
Pool Features:

Below Ground, Outdoor Pool, Shared
Association:

true
Association Amenities:

Coin-op Laundry Leased
Association Name:

Associa
Association Fee:

495
Association Fee Includes:

Maintenance Structure, Hazard Insurance, Heating, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Shared Amenities, Snow Removal, Water
Association Fee Frequency:

Monthly
Assessment Pending:

No

Parking

Parking Features:

Assigned, Guest Parking, Parking Lot, More Parking Onsite for Fee, Unassigned, Open

Monthly cost estimate

Asking price

$125,000

Expense	Monthly cost
Mortgage	$669
Taxes	$139
Insurance	$34
HOA fees	$495
Utilities	$129 See report
Total	$1,466/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
10/9/24 Oct 9, 2024	Price Changed	NORTHSTAR	$125,000	-3.8%
9/16/24 Sep 16, 2024	Price Changed	NORTHSTAR	$130,000	-3.7%
8/29/24 Aug 29, 2024	Price Changed	NORTHSTAR	$135,000	-3.6%

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This condo located in Powderhorn, Minneapolis, MN 55407 is currently for sale for $125,000. 1405 E 40th Street Unit 1F is a 789 square foot condo with 2 beds and 1 bath that has been on Estately for 145 days. 1405 E 40th Street Unit 1F is in the Powderhorn neighborhood of Minneapolis and has a WalkScore® of 51, making it somewhat walkable. This condo is in the attendance area of Bancroft Elementary School, South High School, and Andersen United Community School.

Listing Courtesy of: NORTHSTAR and Coldwell Banker Realty.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2024 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.