5053 Penn Avenue S

Minneapolis, MN 55419

About this property

This turnkey duplex sits three blocks from Lake Harriet and close to Minnehaha Creek, near fabulous restaurants like Broders and great neighborhood shopping. Each unit has 3 bedrooms, with the third tucked down a back hallway, meaning it’s private and out of sight, making it also ideal as a home office. Add separate washers and dryers, original woodwork and built-ins, and updates throughout. One unit rents for $2,380 with room to raise, and the owner's unit can go straight to market rate. Outside, enjoy a quiet brick patio plus a 2-car garage and two off-street spaces. Live in one unit and let the other help cover the mortgage, or add it to your investment portfolio in one of Minneapolis's best lake neighborhoods.

About this property

This turnkey duplex sits three blocks from Lake Harriet and close to Minnehaha Creek, near fabulous restaurants like Broders and great neighborhood shopping. Each unit has 3 bedrooms, with the third tucked down a back hallway, meaning it’s private and out of sight, making it also ideal as a home office. Add separate washers and dryers, original woodwork and built-ins, and updates throughout. One unit rents for $2,380 with room to raise, and the owner's unit can go straight to market rate. Outside, enjoy a quiet brick patio plus a 2-car garage and two off-street spaces. Live in one unit and let the other help cover the mortgage, or add it to your investment portfolio in one of Minneapolis's best lake neighborhoods.

Features and Additional Information

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$650,000 Pending
2,146 sqft

Presented By Coldwell Banker Crown Park Rapids

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Keller Williams Realty Integrity
1-952-938-6100
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Area Information

49 | Hennepin County | Thornton Park 2nd Div

$ 650,000
This listing is play_arrow 18.7% lower than the average in the area
$ 799,900 in the area
2,146 SqFt
This listing is play_arrow 35.0% smaller than the average in the area
3,301 SqFt in the area
$ 303 $/SqFt
This listing is play_arrow 25.0% more than the average in the area
$ 242 $/SqFt in the area
0 days on site
This listing is play_arrow 0% below the average in the area
0 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 Kari M Lundin
Brokerage: Keller Williams Realty Integrity

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