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$ 379,000
Est. payment | /mo
5 Beds
2 Baths
5,060 SqFt
$ 379,000
Est. payment | /mo
5 Beds
2 Baths
5,060 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Active
Purchase Type For Sale
Square Footage 5,060 sqft
Price per Sqft $74
Subdivision Oak Park Add
MLS Listing ID 7150103
Bedrooms 5
Year Built 1916
Annual Tax Amount $6,866
Tax Year 2026
Contingent None
Lot Size 5,227 Sqft
Property Sub-Type Duplex Up and Down
Property Description
Welcome to 822 Penn Ave N, Minneapolis. A solid 1916 up/down duplex offering two large, separately metered units, with the upper unit already generating income. The upper unit is a standout: 4 bedrooms, 2 full baths, two living rooms, a dedicated office, in-unit laundry, and two decks, one screened for three-season use. It is currently tenant-occupied at $1,868/month but should rent for $2250 in the current market. The lower unit is currently vacant but previously received $2500/mo. It features 3 bedrooms, 1 bath, and a three-season porch. Tenants pay their own gas and electric, and two off-street parking spots add everyday convenience. Quick access to Highway 55 puts downtown, North Loop and Golden Valley within easy reach, with Theodore Wirth Park's trails nearby. Move into the lower unit and let the upper help cover the mortgage, or add a ready-to-go two-unit to your portfolio.
Location
State MN
County Hennepin
Rooms
Basement Block
Interior
Heating Forced Air
Fireplace No
Building
Story Two
Foundation 2530
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Minneapolis
Listed by Scott Hoefler • Side by Side Realty LLC