1 of 25

Want to see this home?

5045 Penn Avenue S

Minneapolis, MN 55419

2 beds
1 bath
946 sqft
5,227 sqft lot
$311 per sqft
1920 build
– on site

Opportunity knocks with this fixer-upper with endless potential! This 2-bedroom, 1-bath home sits on a large lot and is perfect for investors or buyers ready to roll up their sleeves. Inside you'll find original charm, hardwood floors, and a practical layout ready for your personal touch. The unfinished basement offers additional space for storage or expansion. Great location near parks, schools, and local amenities. Whether you're looking to renovate and flip or create a cozy home with sweat equity, this property is full of possibilities.

Listing courtesy of NORTHSTAR / Mitchel Herian / Kris Lindahl Real Estate

Last checked: Checking… • Last updated Jul 11, 2025 •

MLS# 6753466 —

The Building

Year Built:

1920
New Construction:

false
Age Of Property:

105
Construction Materials:

Stucco
Construction Materials Desc:

Frame
Accessibility Features:

None
Levels:

One
Main Level Finished Area:

946.0000
Basement:

Block, Daylight/Lookout Windows, Unfinished
Basement:

true
Foundation Area:

706
Manufactured Home:

No
Building Area Total:

1652
Above Grade Finished Area:

946

Interior

Dining Room Description:

Eat In Kitchen
Fireplace:

false
Fireplace Features:

Free Standing, Wood Burning Stove
Amenities:

Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Porch,Walk-Up Attic

Room Dimensions

Living Area:

946

Location

Directions:

50th to Penn Ave, south 1 block to home.
Latitude:

44.911011
Longitude:

-93.308314

The Property

Parcel Number:

1602824320019
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

false
Lot Size Area:

0.12
Lot Size Dimensions:

40X127
Lot Size SqFt:

5227.2
Lot Size Units:

Acres
Fencing:

Partial, Privacy, Wood
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

4987
Tax With Assessments:

5257.0000

Beds

Bedrooms Total:

2

Baths

Total Baths:

1
Bath Description:

Main Floor Full Bath
Full Baths:

1

Heating & Cooling

Heating:

Boiler, Radiator(s)
Cooling:

None

Utilities

Electric:

Circuit Breakers, 100 Amp Service
Sewer:

City Sewer/Connected

Appliances

Appliances:

Dryer, Gas Water Heater, Range, Refrigerator, Washer

Schools

High School District:

Minneapolis

The Community

Subdivision Name:

Thornton Park 2nd Div
Association:

false
Assessment Pending:

No

Parking

Parking Features:

Detached, Electric, Garage Door Opener
Garage Spaces:

2
Garage Dimensions:

21.5X21.5
Garage SqFt:

464

Monthly cost estimate

Asking price

$295,000

Expense	Monthly cost
Mortgage	$1,579
Taxes	$415
Insurance	$81
Utilities	$172 See report
Total	$2,247/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Max Internet Speed

US Internet

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
7/10/25 Jul 10, 2025	Listed / Active	NORTHSTAR	$295,000
7/10/25 Jul 10, 2025	Coming Soon	NORTHSTAR	$295,000

60% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $20k above asking price on average, but some went as high as $137k over asking price.

Want a closer look?

Go see 5045 Penn Avenue S

Or Call Toll Free 1-800-258-2512

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Minneapolis, MN

Similar sold homes

This house located in Southwest Minneapolis, Minneapolis, MN 55419 is currently for sale for $295,000. 5045 Penn Avenue S is a 946 square foot house with 2 beds and 1 bath that has been on Estately for 2 days. 5045 Penn Avenue S is in the Southwest Minneapolis neighborhood of Minneapolis and has a WalkScore® of 64, making it somewhat walkable. This house is in the attendance area of Washburn High School, Burroughs Community School, and Justice Page (Ramsey) Middle School.

Listing Courtesy of: NORTHSTAR and Kris Lindahl Real Estate.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. 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.