$1,229,000
 $6,598 est/mo Sourced by Back At You

2121 Penn Avenue S,Minneapolis, MN 55405

Minneapolis, MN 55405

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Description

Beautiful all-brick 4-plex just a half block from Lake of the Isles in the coveted Kenwood neighborhood. This classic building showcases timeless craftsmanship, with interior units featuring natural oak woodwork and hardwood floors. Three units include original built-in buffets and elegant room dividers with bookcases separating the living and dining rooms. A previous owner thoughtfully opened the sunroom and living room in Unit 1, creating an expansive, inviting space rarely found in buildings of this era. Over the years, all kitchens have been updated with a clean, modern style that complements the building’s historic character. Major mechanical updates provide peace of mind and strong rental appeal: tenants pay their own heat and electricity, supported by four newer boilers (2017), four individual hot water heaters, and separate updated electrical panels. The roof was replaced in 2020 with a durable Duro-Last system, and the sewer line was fully lined in 2025. Opportunities like this are raredon’t miss one of the finest 4-plexes in the city, steps from the lake, parks, trails, and everything that makes Kenwood one of Minneapolis’ most desirable neighborhoods.

Details

MLS #7071394
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1915
Days On Site105
Listing Provided ByColdwell Banker Realty - Lakes | Christopher J Carrow

Features

Bed(s)8
Bath(s)4
SQ Feet5,320
BasementY
Story(s)2
Units4
ZoningResidential-Single Family
Acreage0.15

Interior

HeatingBoiler, Hot Water

Exterior

RoofAge 8 Years or Less, Flat
Construction MaterialsFrame

Parking

Parking FeaturesOn-Street Parking Only

Taxes

Property14160

Area Information

StateMN
CountyHennepin
CityMinneapolis
Zip Code55405
Area39
Community NameIsland Park Add
School District1
High SchoolMinneapolis
Listing VS Median (in Island Park Add)
Price:
$1,229,000
low | high
Med:
$2,047,500
16.59886086249% of Average
sqft:
5,320
low | high
Med:
5,477
47.048872180451% of Average
$ / sqft:
$231
low | high
Med:
$377
13.266303221886% of Average
On site:
105
low | high
Med:
159
66.037735849057% of Average
Sourced by Back At You

Market Activity 55405

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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of August 24, 2026 at 12:16:04 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateMN
CountyHennepin
CityMinneapolis
Zip Code55405
Area39
Community NameIsland Park Add
School District1
High SchoolMinneapolis
Listing VS Median (in Island Park Add)
Price:
$1,229,000
low | high
Med:
$2,047,500
16.59886086249% of Average
sqft:
5,320
low | high
Med:
5,477
47.048872180451% of Average
$ / sqft:
$231
low | high
Med:
$377
13.266303221886% of Average
On site:
105
low | high
Med:
159
66.037735849057% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $921K - $1.536M
sqft: 3,500 - 6,500
Listing Updated: July 20, 2026 at 6:53:51 PM PDT
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