NOT LISTED FOR SALE

1405 E 40th St Unit 3F Minneapolis, MN 55407

Bancroft Neighborhood

Estimated Value: $65,000 - $116,000

1 Bed
1 Bath
625 Sq Ft
$131/Sq Ft Est. Value

Sale Details

Date Sold: April 27, 2026

Last sale price $70,000 $112 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $964 / mo

14 Days on Market

Highlights

  • 1-Story Property
  • Baseboard Heating
  • 4-minute walk to Bancroft Meadows
  • Combination Kitchen and Dining Room

About This Home

As of April 2026

Welcome to this charming Minneapolis condo offering an easy, low-maintenance lifestyle in a convenient location. This well-cared-for one-bedroom home features a bright kitchen with beautiful hardwood floors, ample cabinetry, and plenty of workspace for everyday living. The comfortable living area provides a cozy place to relax, while the spacious bedroom offers great natural light and flexibility. Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, this condo is a fantastic option. Enjoy close proximity to local dining, shopping, and everyday amenities, all while being situated in a desirable Minneapolis setting.

Last Agent to Sell the Property

Tom Distad

Coldwell Banker Realty Brokerage Phone: 6124324771 Listed on: 04/13/2026

Coldwell Banker Realty

Co-Listed By

Michael Distad

Coldwell Banker Realty Brokerage Phone: 6124324771

Last Buyer's Agent

Amina Ali

Keller Williams Realty Integrity Lakes

Keller Williams Realty Integrity Lakes

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,542

Year Built

  • Built in 1965

Lot Details

  • 3.66

HOA Fees

  • $431 Monthly HOA Fees

Home Design

  • Property Attached
  • Flat Roof Shape
  • Stone Exterior Construction

Interior Spaces

  • 625 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Parking Lot
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Community Details

  • Association fees include hazard insurance, lawn care, ground maintenance, professional mgmt, sanitation, sewer, shared amenities, snow removal, water
  • Associa Association, Phone Number (763) 225-6400
  • Low-Rise Community

Listing and Financial Details

  • Assessor Parcel Number 1102824130256

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,542

Year Built

Built in 1965

Lot Details

3.66 Acres

HOA Fees

$431 per month

Listing Details

  • Type: Residential
  • Property Subtype 1: (CC) Low Rise (3- Levels)
  • Cooling System: Wall Unit(s)
  • Outside Features: Stone
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 1965
  • Above Grade Finished Sq Ft: 625
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Attribution Contact: 6124324771
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Range, Refrigerator
  • Living Area: 625
  • Fireplace: No
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Flat
  • Foundation Details: Other
  • Neighborhood: 3

Garage/Parking

  • Parking Features: Assigned, Parking Lot

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Sanitation, Sewer, Shared Amenities, Snow Removal, Water
  • Phone: 7632256400
  • Association Fee: 431
  • Association: Yes
  • Amenities Unit: Hardwood Floors

Association/Amenities

  • HOA Management Co: Associa

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictPhone: 6126680000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Lot Size: common
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 1102824130256
  • Tax Annual Amount: 1542.16
  • TaxWithAssessments: 1542.16

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Bancroft, MN

  • Shawn Hartmann Real Estate Agent - RE/MAX Results

    Shawn Hartmann

    RE/MAX Results

    (651) 427-1552

    204 Total Sales

    1 in Bancroft

    $375,000 Price

    Shawn Hartmann
     Section Image
  • Artemisa Boston Real Estate Agent - eXp Realty

    Artemisa Boston

    eXp Realty

    (612) 255-5850

    1,080 Total Sales

    3 in Bancroft

    $310K - $352K Price Range

    Artemisa Boston
     Section Image
  • Eric Sharbo Real Estate Agent - Re/Max Advantage Plus

    Eric Sharbo

    Re/Max Advantage Plus

    (612) 351-6313

    86 Total Sales

    1 in Bancroft

    $174,000 Price

    Eric Sharbo
     Section Image
  • Mark Hronski Real Estate Agent - LPT Realty, LLC

    Mark Hronski

    LPT Realty, LLC

    (651) 413-9266

    144 Total Sales

    1 in Bancroft

    $104,500 Price

    Mark Hronski
     Section Image
  • Jennifer Wilson Real Estate Agent - Wits Realty

    Jennifer Wilson

    Responds Quickly

    Wits Realty

    (612) 445-3525

    96 Total Sales

    1 in Bancroft

    $340,000 Price

    Jennifer Wilson
     Section Image
  • Jason Papp Real Estate Agent - Coldwell Banker Realty - Southwest Regional

    Jason Papp

    Responds Quickly

    Coldwell Banker Realty - Southwest Regional

    (612) 416-7094

    48 Total Sales

    1 in Bancroft

    $165,000 Price

    Jason Papp
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/27/2026 04/27/26 Sold $70,000 -6.5% $112 / Sq Ft
04/13/2026 04/13/26 For Sale $74,900 -- $120 / Sq Ft
Source: NorthstarMLS

Agents Affiliated with this Home

  • Tom Distad Real Estate Agent - Coldwell Banker Burnet

    Seller's Agent in 2026

    Tom Distad

    Coldwell Banker Burnet

    (612) 432-4771

    5 in this area

    149 Total Sales

    Tom Distad
    Section Image
  • Michael Distad Real Estate Agent - Coldwell Banker Burnet

    Seller Co-Listing Agent in 2026

    Michael Distad

    Coldwell Banker Burnet

    (612) 275-1343

    4 in this area

    172 Total Sales

    Michael Distad
    Section Image
  • Amina Ali Real Estate Agent - Keller Williams Realty Integrity Lakes

    Buyer's Agent in 2026

    Amina Ali

    Keller Williams Realty Integrity Lakes

    (612) 601-4087

    1 in this area

    38 Total Sales

    Amina Ali
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 7053955

NorthstarMLS

APN: 11-028-24-13-0256

Minnesota Hennepin County Minneapolis 55407 Bancroft

1405 E 40th St Unit 3F, Minneapolis, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthstarMLS 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. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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