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4949 Penn AVE S Minneapolis, MN 55419
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Key Details
Sold Price $600,000
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Sold
Purchase Type For Sale
Square Footage 2,388 sqft
Price per Sqft $251
Subdivision Harriet Heights 2Nd Div
MLS Listing ID 6715705
Sold Date 09/12/25
Year Built 1925
Annual Tax Amount $9,339
Tax Year 2024
Contingent None
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40x127
Property Sub-Type Duplex Up and Down
Property Description
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.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Family Room Other
Basement Daylight/Lookout Windows, Full
Interior
Heating Hot Water
Fireplace No
Exterior
Parking Features Tuckunder Garage
Garage Spaces 2.0
Roof Type Asphalt,Pitched
Building
Story Two
Foundation 1212
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Stucco
New Construction false
Schools
School District Minneapolis
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