Foreclosure for Sale on E 40th St, Minneapolis, MN 55409

Foreclosures › Minnesota › Hennepin › Minneapolis › E 40th St
Pre-foreclosure property at E 40th St, Minneapolis, MN 55409. Hennepin County foreclosure listing.
Pre-foreclosure Active 81 days on market
E 40th St, Minneapolis, MN 55409
Price TBD
Hennepin County · Minnesota
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Property details
Listing type Preforeclosure
Property type Other
County Hennepin County
State Minnesota
ZIP 55409
Days on Market 81 days
Listing ID 65919230
About this property

This home in Minneapolis, MN is in preforeclosure, which means the homeowner is in default (missed payments). Therefore, there could be an opportunity to strike a great deal with the owner and the bank.

📊 Hennepin County Market · Updated daily
Active Listings
2,287
Avg. Est. Value
$202,509
Bank-Owned (REO)
502
Pre-Foreclosures
1,785

2,278 active foreclosure listings in Minneapolis, MN.

Browse all Hennepin County foreclosures →
❓ Frequently Asked Questions
This is a pre-foreclosure property. The homeowner is behind on mortgage payments but the property has not yet been auctioned. Buyers can negotiate directly with the owner, arrange financing, and conduct a full inspection — often at a price below market value.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with Hennepin County foreclosures for additional guidance on the purchase process.
There are currently 2,278 active foreclosure listings in Minneapolis, MN. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition — most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status — eviction may be required if the property is occupied.
🌊 Flood Zone · FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

Check FEMA Flood Map →
🏦 Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
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📍 Location Map · Minneapolis, MN Open in Google Maps →
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🏘️ Neighborhood Profile · ZIP 55409 · U.S. Census ACS
Population
11,235
Median Age
36.6 yrs
Households
4,887
Median Household Income
$94,162
Median Home Value
$346,900
Median Rent
$1,300/mo
Owner-Occupied
70% of homes
Vacancy Rate
8% of units
Unemployment Rate
3.9%

~42% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
🏫 Schools · NCES 2024–25

Source: NCES CCD 2024–25 · nces.ed.gov

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