4949 Penn AVE S Open House

Minneapolis,MN 55419

$ 659000

- Bed

- Bath

2388 SqFt


OPEN HOUSE

Sat May 10, 12:00pm - 2:00pm 

Key Details

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Active

Purchase Type For Sale

Square Footage 2,388 sqft

Price per Sqft $275

Subdivision Harriet Heights 2Nd Div

MLS Listing ID 6715705

Year Built 1925

Annual Tax Amount $9,339

Tax Year 2024

Contingent None

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 40x127

Property Sub-Type Duplex Up and Down

Property Description

Two Units. One Smart Move!
This charming and well-maintained up/down duplex sits on a highly coveted block near 50th & Penn—just 1.5 blocks south of Lake Harriet. Enjoy easy access to the beach, biking and walking trails, and beloved neighborhood spots like Broders' Pasta Bar, Nico's Tacos, and more—all less than a block away.

This is no ordinary duplex. Each unit offers 2 bedrooms, an office and 1 bathroom. A tuck-under garage is a lovely surprise—perfect for those chilly Minnesota winters. Roof was replaced in 2015, all windows have been updated, and numerous thoughtful upgrades have been made throughout.

Whether you're an investor or an aspiring owner-occupant, this rare gem offers exciting income potential. Dreaming of an Airbnb? Looking to live in one of the city's most desirable neighborhoods while offsetting your mortgage? Ask us about what nearby rentals are bringing in—you'll be pleasantly surprised by the numbers.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Family Room Other

Basement Daylight/Lookout Windows,Full

Interior

Heating Hot Water

Fireplace No

Exterior

Parking Features Tuckunder Garage

Garage Spaces 2.0

Roof Type Asphalt,Pitched

Building

Story Two

Foundation 1212

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Stucco

New Construction false

Schools

School District Minneapolis

View More
Favorite Go Tour