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Bill Lieb
Salesperson
REALTOR®, GRI.
New

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Listed By

Agency Name: BRIX Real Estate
Agency Phone: 612-927-2749

Shown By

Agent Name: Bill Lieb
Agent Phone: (763) 360-0878
Agency Title: Counselor Realty

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Property Description

***Multiple offers received. Highest & Best OFFERS DUE by Saturday, May 9 at 5:00 pm. Located on an inviting street in south Minneapolis, this adorable home shines with both classic charm and modern touches. As you enter, the original, newly-refinished (2026) hardwood floors create a warm environment made for gatherings. Notice the updated windows letting in oodles of natural light. The dining area leads to a sliding door onto the lovely deck and lower paver patio ? the perfect spot for dinners indoors or out, for entertaining friends and family, or enjoying your morning coffee bathed in sunlight. Kitchen highlights include attractive, modern cabinetry and slate tile flooring. Write your recipes directly on the high-end refrigerator (2025), as the shiny white doors serve as a reusable white board. In addition to two bedrooms on the main floor, you'll find an updated, stylish bathroom (2023). Venture upstairs to find a third bedroom with a generous walk-in closet, modern cork plank flooring, and updated lighting. New attic insulation (2025) will help keep you cozy warm in winter and comfortably cool in the summer. Descend the basement steps to find a spacious family room with fresh carpet (2026) for movie or board game nights with friends. The flat screen TV and mount come with the home! The egress window also means this could one day be a fourth bedroom. Note the convenient, adjoining three-quarter bath. The large utility room includes plenty of storage.The surrounding yard provides a myriad of edible treats in the organically-grown and lovingly-maintained landscaping. Well-established native and flowering perennials in the front attract a variety of pollinators and colorful butterflies. Amidst the front, sides, and back, you'll discover two plum and two cherry trees; and serviceberry, dwarf cherry, golden and red raspberry, and blueberry bushes! All produce lots of fruit for eating and preserving. Note the modern, two-car garage. It features a large 18' by 12' adjoining, insulated shop for the woodworker in you, or add a doggy door and use as an indoor/outdoor fenced dog kennel area. Morris Park is just across the street with lots of green space, and the neighborhood is perfect for a summer stroll. You'll be a short drive to Highways 55 and 62, to quickly get anywhere in the Twin Cities for a speedy commute. Oxendale's Market and Nokomis Hardware are a mile or less away, along with other nearby spots for dinner or treats ? Crema Coffee + Creme (soft serve!), Dominguez Family Restaurant, and Bull's Horn Food and Drink.Don't miss your chance to live in the rich warmth of this special home on a cute south Minneapolis street!

5541 40th Avenue S | MLS# 7028109

This single family home located at 5541 40th Avenue S, Minneapolis, MN 55417 is currently listed for sale with an asking price of $335,000. This property was built in 1948 and has 3 bedrooms and 2 full baths with 1610 sq. ft. 40th Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on blieb.counselorrealty.com today.

Upcoming Open Houses

Open House Saturday May 9th, 10:30am - 1:00pm

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Finished, Full
Cooling: Central Air
Fireplaces: 1
Fuel Type: Natural Gas
Garage: 2
Heating: Forced Air
Lot Size: 0.11 Acres
Roof Type: Age Over 8 Years, Asphalt, Pitched
Stories: 1.5
Taxes: $4,465
Year Built: 1948

Feature Descriptions

Additional Living Info.: Main Floor Bedroom
Additional Structures: Garage(s), Workshop
Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Bath: 3/4 Basement, Main Floor Full Bath
Bathrooms 3/4: 1
Bathrooms Full: 1
Days on Site: 6
Dining: Breakfast Bar, Eat In Kitchen, Informal Dining Room
Down Payment Resource: Yes
Exterior: Frame
Fencing: Chain Link, Full
Foundation Size: 847
Lot: Tree Coverage - Medium
Lot Dimensions: 40x128
Parcel#: 1902823120147
Parking: Detached Garage, Asphalt, No Int Access to Dwelling
Sewer: City Sewer/Connected
Water: City Water/Connected

Room Sizes

Dining Room: 9'x9'7
Family Room: 27'10x16'2
Bedroom: 10'5x9'4
Kitchen: 8'10x9'9
Living Room: 15'2x13'3
Office: 18'4x6'1
Bedroom 2: 10'4x8'10
Bedroom 3: 10'5x11'2
Utility Room: 27'10x12'9
Walk-In Closet: 9'8x5'1

Local Schools

School District: Minneapolis

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Estimated Payment

$ 2,252.80 per month $1,783.01 Principal & Interest $372.08 Property Tax $97.71 Homeowner's Insurance

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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 05/09/2026. The listing information on this page last changed on 05/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 05/09/2026 1:04:08 AM EST) or RMLS-MN MLS (last updated Sat 05/09/2026 12:02:26 AM EST). Real estate listings held by brokerage firms other than Counselor Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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