2121 Penn Avenue S

Minneapolis, MN 55405

About this property

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.

About this property

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.

Features and Additional Information

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$1,229,000 Active
5,320 sqft

Presented By Coldwell Banker Crown Park Rapids

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Coldwell Banker Realty - Lakes
1-612-920-5605
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Area Information

39 | Hennepin County | Island Park Add

$ 1,229,000
This listing is play_arrow 40.0% lower than the average in the area
$ 2,047,500 in the area
5,320 SqFt
This listing is play_arrow 2.9% smaller than the average in the area
5,477 SqFt in the area
$ 231 $/SqFt
This listing is play_arrow 38.8% less than the average in the area
$ 377 $/SqFt in the area
105 days on site
This listing is play_arrow 34.0% below the average in the area
159 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
    Minneapolis
Listed By Christopher J Carrow
Brokerage: Coldwell Banker Realty - Lakes

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