4949 Penn Avenue S
Minneapolis, MN 55419
- – beds
- – baths
- 2,388 sqft
- $275 per sqft
- 1925 build
- – on site
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.
Last checked:
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Checking…
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Last updated May 8, 2025
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MLS# 6715705 —
Upcoming Open Houses
-
Friday, 5/9
3pm-5pm -
Saturday, 5/10
12pm-2pm
The Building
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Year Built:1925
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New Construction:false
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Age Of Property:100
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Construction Materials:Stucco
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Roof:Asphalt, Pitched
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Accessibility Features:None
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Levels:Two
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Main Level Finished Area:1211.0000
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Basement:Daylight/Lookout Windows, Full
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Basement:true
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Foundation Area:1212
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Building Area Total:3263
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Above Grade Finished Area:2388
Room Dimensions
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Living Area:2388
Location
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Directions:Hwy 62 or Lake Harriet Parkway to Penn, 1&1/2 blocks South of Lake Harriet.
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Latitude:44.912716
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Longitude:-93.308334
The Property
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Parcel Number:1602824230067
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Zoning Description:Residential-Multi-Family
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Property Type:Residential Income
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Property Subtype:Duplex Up and Down
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Additional Parcels:false
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Lot Size Area:0.12
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Lot Size Dimensions:40x127
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Lot Size Units:Acres
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Road Frontage Type:City Street
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Water Source:City Water/Connected
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (612) 305-8199
- Office phone:
- (952) 473-1716
Taxes
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Tax Year:2024
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Tax Annual Amount:9339
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Tax With Assessments:9339.0000
Heating & Cooling
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Heating:Hot Water
Utilities
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Sewer:City Sewer/Connected
Schools
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High School District:Minneapolis
The Community
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Subdivision Name:Harriet Heights 2nd Div
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Assessment Pending:No
Parking
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Parking Features:Tuckunder Garage
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Garage Spaces:2
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Garage Dimensions:21x24
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Garage SqFt:492
Extra Units
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# of Units Total:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/7/25
May 7, 2025
|
Listed / Active | NORTHSTAR | $659,000 | |
5/7/25
May 7, 2025
|
Coming Soon | NORTHSTAR | $659,000 |