3925 40th Avenue S, Minneapolis, MN 55406 - MLS# 7154637
$874,900
Your new home sits in an absolutely amazing location, just two blocks from Riverview Theatre, Lynette, and Mother Earth Gardens, as well as just four blocks to Fireroast Coffee!
This amazing location, coupled with the superior quality of a modern ICON home, you get the best of both worlds. Live in the city and enjoy all the new home features of the 'burbs, as well as truly high efficiency home comforts. ICON Homes uses the newest ICF (Insulated Concrete Forms) foundation technology, as well as many other cutting edge construction methods and materials, to deliver a highly efficient, high performance, and extra comfortable home.
Your main level features hardwood floors, amazing windows with south exposure, and a layout that is a thing of beauty. With a gourmet kitchen, built-in fireplace, roomy mudroom, and home office, the main level has everything you have been dreaming about.
Upstairs, your open loft gives you another flexible space for a second home office, a library room, or an entertaining and gaming space. The primary suite has an amazing luxurious bathroom with a gigantic walk-in tile shower. Two more bedrooms, a large bathroom, and a large laundry room round out your upper level space.
In the lower level, your 4th bedroom and bathroom create a great guest suite, and the expansive family room and the option to add a beautiful wet bar give you space for just about any layout you can image. A separate nook at the base of the stairs can serve as the perfect workout area or even a kids play space or a home office area. Your options are endless.
Grab this opportunity now, and live in your new DREAM HOME in one of the most desirable areas of southeast Minneapolis!
Interior Information
Size & Levels
Bathrooms
Rooms
Main Level Rooms
Upper Level Rooms
Lower Level Rooms
Exterior & Parking
Lot & Utilities
Financial & Tax Information
Neighborhood at a Glance
In this neighborhood, homes were most commonly built in 1939 or earlier, about 66% of occupied homes are owner-occupied, and the average commute is 25 minutes.
Cost of Ownership
Median home value
$337,500
Lower than the Minneapolis median
The midpoint of estimated values for owner-occupied homes.
Median property taxes paid
$3,924/yr
Lower than the Minneapolis median
The midpoint of annual property taxes paid by homeowners.
Typical monthly owner costs (with mortgage)
$1,961/mo
Lower than the Minneapolis median
Median monthly housing costs for owners with a mortgage.
Typical monthly owner costs (no mortgage)
$638/mo
Lower than the Minneapolis median
Median monthly housing costs for owners without a mortgage.
Median rent
$1,206/mo
Lower than the Minneapolis median
The midpoint of monthly gross rent, including utilities.
Homes in the Area
Owner-occupied homes
66%
Higher than Minneapolis overall
The share of occupied homes lived in by their owners.
Median year built
1938
Similar to the Minneapolis median
The midpoint of years when homes in the area were built.
Home age by decade
The share of homes built during each period.
- 1950-19595%
- 1940-19494%
- 1939 or earlier62%
Types of homes
The share of housing units in each building type.
- Single-family detached65%
- 2-4 units4%
- 5+ units28%
Getting Around
Average commute
25 min
Higher than the Minneapolis median
The average one-way travel time to work for commuters.
How people get to work
The share of workers using each listed way to get to work.
- Drive alone55%
- Public transit11%
- Walk or bike5%
- Work from home24%
Homes with broadband
96%
Higher than Minneapolis overall
The share of households with a broadband internet subscription.
